TransMedics (TMDX) Interest Coverage Ratio (2018 - 2026)
TransMedics (TMDX) recorded quarterly Interest Coverage Ratio of 1.85 in Q1 2026, down 70.76% quarter-over-quarter from 6.34 in Q4 2025, and down 76.61% on a YoY basis from 7.93 in Q1 2025.
TransMedics (TMDX) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
TransMedics' Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 1.85 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio fell 76.61% year-over-year to 1.85; the TTM figure through Mar 2026 stood at 5.4 (up 46.73% YoY), while the FY2025 annual figure was 7.88, up 202.76% from the prior year.
- Interest Coverage Ratio was 1.85 for Q1 2026 at TransMedics, down from 6.34 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 10.52 in Q2 2025 to a low of 10.03 in Q2 2022.
- Historically, Interest Coverage Ratio has averaged 0.04 across 5 years, with a median of 1.08 in 2024.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio surged 1054.55% in 2024, then sank 76.61% in 2026.
- A 5-year view of Interest Coverage Ratio shows it stood at 6.73 in 2022, then surged by 110.73% to 0.72 in 2023, then soared by 235.24% to 2.42 in 2024, then surged by 162.02% to 6.34 in 2025, then plunged by 70.76% to 1.85 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.85 (Q1 2026), 6.34 (Q4 2025), and 6.67 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Abbott Laboratories | 154.42 Bn | 147.76 Bn | 6.27 Bn | 7.73 |
| 2 | Stryker | 118.12 Bn | 115.25 Bn | 3.81 Bn | 6.32 |
| 3 | Medtronic | 101.72 Bn | 93.55 Bn | 5.76 Bn | 8.09 |
| 4 | Boston Scientific | 67.19 Bn | 65.98 Bn | 3.61 Bn | 12.23 |
| 5 | Edwards Lifesciences | 50.69 Bn | 47.02 Bn | 1.29 Bn | - |
| 6 | Koninklijke Philips | 29.38 Bn | 26.07 Bn | 2.07 Bn | -2.90 |
| 7 | Dexcom | 28.09 Bn | 26.97 Bn | 750.30 Mn | - |
| 8 | GE HealthCare Technologies | 28.08 Bn | 26.02 Bn | 1.98 Bn | 5.36 |
| 9 | Steris | 19.80 Bn | 19.37 Bn | 697.10 Mn | 20.98 |
| 10 | TransMedics | 2.72 Bn | 2.26 Bn | 101.16 Mn | 1.85 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | -10.23 |