What is Transcat's interest coverage?

Transcat (TRNS) reported interest coverage of 2.9× in Q1 2026.

How has Transcat's interest coverage changed year-over-year?

Transcat's interest coverage decreased by 87.1% year-over-year, from 22.4× to 2.9×.

What is the long-term trend for Transcat's interest coverage?

Over 5 years (2021 to 2026), Transcat's interest coverage has grown at a -25.9% compound annual growth rate (CAGR), from 12.9× to 2.9×.

What does interest coverage mean?

Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.

Transcat TRNS Interest coverage

Interest coverage at other companies

AmazonAMZN

33.7×+2.6×

Keysight TechnologiesKEYS

10.1×-0.2×

FortiveFTV

6.2×+1.0×

Applied Industrial TechnologiesAIT

27.4×+3.2×

Chart IndustriesGTLS

0.9×-1.3×

TIC Solutions TIC

-0.4×-0.2×

Other financials

Income statement

See full

Revenue$89.3M+15.8%

Gross profit$30.5M+17.6%

Operating income$4.3M-37.6%

Net income$1.9M-56.4%

EPS (diluted)$0.20-58.3%

Balance sheet

See full

Cash & equivalents$4.9M+226%

Total debt$133.6M+131%

Total equity$300.6M+4.8%

Total assets$480.5M+24.7%

Cash flow

See full

Operating cash flow$6.2M-41.7%

CapEx$3.6M+33.2%

Free cash flow$2.6M-67.1%

Valuation

See full

Market cap$837.21M+14.4%

Enterprise value$965.85M+22.3%

P/E155.7×+105×

P/S2.5×-0.1×

Profitability

See full

Gross margin32.6%+0.5pp

Operating margin4%-2.4pp

Net margin1.6%-3.6pp

FCF margin5.9%-3.4pp

Returns & leverage

See full

Return on equity1.8%-3.8pp

Debt / equity0.4×+0.2×

Current ratio2.3×0.0×

Where this comes from

Calculated from Transcat’s reported figures.

ebit/interest expense=2.9×

Based on trailing twelve months.

The official record: Transcat’s 10-K, filed May 27, 2026, on SEC EDGAR. View the filing →

Ask your AI about Transcat's interest coverage.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Transcat's interest coverage?: Transcat (TRNS) reported interest coverage of 2.9× in Q1 2026.
How has Transcat's interest coverage changed year-over-year?: Transcat's interest coverage decreased by 87.1% year-over-year, from 22.4× to 2.9×.
What is the long-term trend for Transcat's interest coverage?: Over 5 years (2021 to 2026), Transcat's interest coverage has grown at a -25.9% compound annual growth rate (CAGR), from 12.9× to 2.9×.
What does interest coverage mean?: Trailing-twelve-month operating income (EBIT) divided by interest expense. Measures how many times over the company can cover its interest payments from operating profit.