TransMedics (TMDX) Interest Coverage Ratio (2018 - 2026)
TransMedics' (TMDX) Interest Coverage Ratio stood at 3.29 in Q2 2026, down 68.8% from 10.52 a year earlier but up 77.1% from the prior quarter.
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Analysis
TransMedics (TMDX) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
On a TTM basis, TransMedics' Interest Coverage Ratio came in at 3.84 as of Jun 30, 2026, down 29.1% year-over-year; for FY2025, it came in at 7.88, up 202.8% from FY2024.
- Across earlier years, Interest Coverage Ratio came in at 2.60 in FY2024, -2.66 in FY2023, -8.44 in FY2022 and -10.18 in FY2021.
- Quarterly Interest Coverage Ratio has ranged from -11.98 in Q3 2021 to 10.52 in Q2 2025 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in five of the last seven quarters, with growth averaging 157.4%.
- Per Business Quant, the preceding three quarters came in at 1.85 (Q1 2026), 6.34 (Q4 2025) and 6.67 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 249.71 Bn | 228.86 Bn | 4.88 Bn | 5.20 |
| 2 | Abbott Laboratories | 171.00 Bn | 142.08 Bn | 7.27 Bn | 4.82 |
| 3 | Danaher | 155.79 Bn | 139.61 Bn | 3.61 Bn | 10.53 |
| 4 | Intuitive Surgical | 143.91 Bn | 123.46 Bn | 1.96 Bn | - |
| 5 | Medtronic | 110.42 Bn | 76.29 Bn | 6.34 Bn | 9.48 |
| 6 | Stryker | 105.71 Bn | 91.82 Bn | 4.50 Bn | 11.77 |
| 7 | Boston Scientific | 63.26 Bn | 58.27 Bn | 3.85 Bn | 12.27 |
| 8 | Edwards Lifesciences | 49.80 Bn | 33.91 Bn | 1.35 Bn | - |
| 9 | Becton Dickinson | 48.78 Bn | 45.93 Bn | 2.32 Bn | 5.02 |
| 10 | TransMedics | 2.89 Bn | 1.00 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 |
API Access
TransMedics Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TMDX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "TMDX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=TMDX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();