ITGR (Integer Holdings) Interest Coverage: 4.37 (As of Mar. 2026) — 32% Above Median

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ITGR Integer Holdings Corp ITGR
83 GF Score
Price $97.50
GF Value $117.21
Valuation Modestly Undervalued
! 1 Warning Sign
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What is Integer Holdings Interest Coverage?

Integer Holdings ITGR +0.97% 83 Interest Coverage is 4.37 as of Mar. 2026, which is 32% above its 10-year median of 3.32. GuruFocus rates ITGR with a GF Score™ of 83/100 and a GF Value™ of $117.21 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 464 Medical Devices & Instruments companies, Integer Holdings ranks worse than 67.67% on this metric.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Integer Holdings's Operating Income for the three months ended in Mar. 2026 was $35 Mil. Integer Holdings's Interest Expense for the three months ended in Mar. 2026 was $-8 Mil. Integer Holdings's interest coverage for the quarter that ended in Mar. 2026 was 4.37. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Integer Holdings's Interest Coverage or its related term are showing as below:

ITGR' s Interest Coverage Range Over the Past 10 Years
Min: 1.71   Med: 3.32   Max: 7.14
Current: 7.14


ITGR's Interest Coverage is ranked worse than
67.67% of 464 companies
in the Medical Devices & Instruments industry
Industry Median: 16.08 vs ITGR: 7.14

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Integer Holdings  (NYSE:ITGR) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Integer Holdings Interest Coverage Related Terms


Integer Holdings Interest Coverage Historical Data

* Premium members only.

The historical data trend for Integer Holdings's Interest Coverage can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

Integer Holdings Interest Coverage Chart

Integer Holdings Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Interest Coverage
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 3.43 3.41 4.21 6.58

Integer Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Interest Coverage Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.34 7.85 8.50 8.06 4.37

ITGR vs HAE, ESTA, IRTC: Interest Coverage Comparison

For the Medical Devices subindustry, Integer Holdings's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Integer Holdings Interest Coverage vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Integer Holdings's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Integer Holdings's Interest Coverage falls into.


ITGR
83GF Score
Integer Holdings Corp ITGR
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
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Integer Holdings Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Integer Holdings's Interest Coverage for the fiscal year that ended in Dec. 2025 is calculated as

Here, for the fiscal year that ended in Dec. 2025, Integer Holdings's Interest Expense was $-36 Mil. Its Operating Income was $239 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,296 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*239.139/-36.324
=6.58

Integer Holdings's Interest Coverage for the quarter that ended in Mar. 2026 is calculated as

Here, for the three months ended in Mar. 2026, Integer Holdings's Interest Expense was $-8 Mil. Its Operating Income was $35 Mil. And its Long-Term Debt & Capital Lease Obligation was $1,373 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*35.472/-8.109
=4.37

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

The higher the ratio, the stronger the company's Financial Strength is.

Frequently Asked Questions Learn more about Interest Coverage →
What does a Interest Coverage of 4.37 mean?
Integer Holdings (ITGR) has a Interest Coverage of 4.37 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Integer Holdings and its competitors. This is 32% above median its historical median of 3.32. Over the past decade, Integer Holdings' Interest Coverage has ranged from 1.71 to 7.14. According to the industry distribution chart, Integer Holdings ranks #314 out of 464 companies in the Medical Devices & Instruments industry, placing it in the top 67.7%.
Is Integer Holdings' Interest Coverage too high?
Integer Holdings' current Interest Coverage of 4.37 is 32% above median its 10-year median of 3.32. Over the past 10 years, this metric has ranged from a low of 1.71 to a high of 7.14. The Medical Devices & Instruments industry median Interest Coverage is 16.08. Integer Holdings' value of 4.37 is 72.8% below this industry median. Based on the distribution chart, Integer Holdings ranks #314 out of 464 companies in the Medical Devices & Instruments industry, which is below the industry midpoint. Overall, Integer Holdings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Integer Holdings' Interest Coverage compare to HAE and ESTA?
According to the Medical Devices & Instruments industry distribution chart, Integer Holdings ranks #314 out of 464 companies for Interest Coverage. This places Integer Holdings in the lower half of its industry. The industry median Interest Coverage is 16.08. Integer Holdings' value of 4.37 is 72.8% below this benchmark. Historically, Integer Holdings' own Interest Coverage has ranged from 1.71 to 7.14 over the past decade. While the company's 10-year median is 3.32 vs. the industry median of 16.08, Integer Holdings has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for a Medical Devices & Instruments company?
The median Interest Coverage among Medical Devices & Instruments companies is 16.08, based on 464 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Integer Holdings's current Interest Coverage of 4.37 is 72.8% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Integer Holdings and its competitors. For the Medical Devices & Instruments industry, the median Interest Coverage is 16.08 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Integer Holdings's current Interest Coverage is 4.37, which is 32% above median its own 10-year median of 3.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Integer Holdings stock overvalued right now?
Based on GuruFocus' analysis, Integer Holdings (ITGR) is currently considered Modestly Undervalued. The stock's GF Value™ is $117.21, compared to a current price of $97.50 — trading 16.8% below its estimated fair value. The current Interest Coverage is 4.37, which is 32% above median its 10-year median of 3.32 and 72.8% below the Medical Devices & Instruments industry median of 16.08. Integer Holdings' overall GF Score™ is 83/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Integer Holdings (ITGR), the current Interest Coverage is 4.37 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Integer Holdings (ITGR) Overvalued in 2026?

Based on GuruFocus' analysis, Integer Holdings stock appears to be undervalued. The current stock price of $97.50 is trading 16.8% below its estimated GF Value™ of $117.21. GuruFocus considers Integer Holdings to be Modestly Undervalued.

Key valuation signals for ITGR:

  • Interest Coverage: 4.37 (32% above median its 10-year median of 3.32)
  • GF Value™: $117.21 vs. price of $97.50 (16.8% below fair value)
  • GF Score™: 83/100 with 1 warning sign
  • Industry Position: 72.8% below the Medical Devices & Instruments median (#314 of 464)

No single metric tells the full story. See the ITGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Integer Holdings Business Description

Other Exchanges WGB:Germany
Address 5830 Granite Parkway, Suite 1150, Plano, TX, USA, 75024
Integer Holdings Corp is a manufacturer of medical device components used by original equipment manufacturers in the medical industry. The firm organizes itself into one segment and derives its revenues from three product lines: Cardio & Vascular, Cardiac Rhythm Management & Neuromodulation and Other Markets. The company earns maximum of its revenue in the United States, and also has its presence in Ireland, Puerto Rico, Costa Rica, and Rest of the World.
83GF Score

Get the complete analysis for ITGR

Interest Coverage is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$97.50
Price
$117.21
GF Value