TransMedics (TMDX) Interest Coverage Ratio (2018 - 2026)
TransMedics (TMDX) posted Interest Coverage Ratio of 3.29 for Q2 2026, up 77.15% on a QoQ basis from 1.85 in Q1 2026, and down 68.77% year-over-year from 10.52 in Q2 2025.
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TransMedics (TMDX) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
TransMedics has reported Interest Coverage Ratio for 9 years, with the latest figure at 3.29 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 68.77% year-over-year to 3.29 in Q2 2026; TTM through Jun 2026 was 3.84, a 29.13% decrease from a year earlier, with the FY2025 full-year figure at 7.88, up 202.76% from the prior year.
- Interest Coverage Ratio was 3.29 for Q2 2026 at TransMedics, up from 1.85 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 10.52 in Q2 2025, with the low at 10.03 in Q2 2022.
- Average Interest Coverage Ratio over 5 years is 0.22, with a median of 1.47 recorded in 2024.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio soared 1054.55% in 2024, then plunged 76.61% in 2026.
- Over 5 years, Interest Coverage Ratio stood at 6.73 in 2022, then soared by 110.73% to 0.72 in 2023, then jumped by 235.24% to 2.42 in 2024, then soared by 162.02% to 6.34 in 2025, then plunged by 48.2% to 3.29 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.29 (Q2 2026), 1.85 (Q1 2026), and 6.34 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 183.04 Bn | 177.44 Bn | 7.27 Bn | 4.82 |
| 2 | Intuitive Surgical | 125.02 Bn | 119.81 Bn | 1.96 Bn | - |
| 3 | Medtronic | 117.84 Bn | 109.02 Bn | 6.34 Bn | 9.48 |
| 4 | Stryker | 105.50 Bn | 102.02 Bn | 4.50 Bn | 11.77 |
| 5 | Boston Scientific | 66.27 Bn | 65.73 Bn | 3.85 Bn | 12.27 |
| 6 | Edwards Lifesciences | 49.60 Bn | 45.35 Bn | 1.35 Bn | - |
| 7 | Alcon | 33.70 Bn | 32.24 Bn | 1.68 Bn | 0.21 |
| 8 | Dexcom | 32.06 Bn | 30.11 Bn | 830.00 Mn | - |
| 9 | Steris | 21.02 Bn | 20.54 Bn | 684.20 Mn | 18.09 |
| 10 | TransMedics | 2.98 Bn | 2.51 Bn | 113.20 Mn | 3.29 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.29 |
| Mar 31, 2026 | 1.85 |
| Dec 31, 2025 | 6.34 |
| Sep 30, 2025 | 6.67 |
| Jun 30, 2025 | 10.52 |
| Mar 31, 2025 | 7.93 |
| Dec 31, 2024 | 2.42 |
| Sep 30, 2024 | 1.08 |
| Jun 30, 2024 | 3.45 |
| Mar 31, 2024 | 3.45 |
| Dec 31, 2023 | 0.72 |
| Sep 30, 2023 | -7.89 |
| Jun 30, 2023 | -0.36 |
| Mar 31, 2023 | -1.91 |
| Dec 31, 2022 | -6.73 |
| Sep 30, 2022 | -7.04 |
| Jun 30, 2022 | -10.03 |
| Mar 31, 2022 | -9.76 |
| Dec 31, 2021 | -11.58 |
| Sep 30, 2021 | -11.98 |