Perrigo Co (MEX:PRGON) Interest Coverage: 0.82 (As of Mar. 2026) — 59% Below Median


MEX:PRGON Perrigo Co PLC MEX:PRGON
44 GF Score
Price MXN557.52
GF Value MXN1,468.70
! 4 Warning Signs
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What is Perrigo Co Interest Coverage?

Perrigo Co MEX:PRGON 44 Interest Coverage is 0.82 as of Mar. 2026, which is 59% below its 10-year median of 2.01. GuruFocus rates MEX:PRGON with a GF Score™ of 44/100 and a GF Value™ of MXN1,468.70. The stock has 4 warning signs investors should review. Among 685 Drug Manufacturers companies, Perrigo Co ranks worse than 88.03% 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. Perrigo Co's Operating Income for the three months ended in Mar. 2026 was MXN606 Mil. Perrigo Co's Interest Expense for the three months ended in Mar. 2026 was MXN-736 Mil. Perrigo Co's interest coverage for the quarter that ended in Mar. 2026 was 0.82. The higher the ratio, the stronger the company's financial strength is.

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

MEX:PRGON' s Interest Coverage Range Over the Past 10 Years
Min: 0.78   Med: 2.01   Max: 4.8
Current: 1.63


MEX:PRGON's Interest Coverage is ranked worse than
88.03% of 685 companies
in the Drug Manufacturers industry
Industry Median: 12.78 vs MEX:PRGON: 1.63

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


Perrigo Co  (MEX:PRGON) 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 .


Perrigo Co Interest Coverage Related Terms


Perrigo Co Interest Coverage Historical Data

* Premium members only.

The historical data trend for Perrigo Co'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.

Perrigo Co Interest Coverage Chart

Perrigo Co 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 4.80 0.78 1.63 1.66 1.92

Perrigo Co 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 2.04 1.40 2.30 1.95 0.82

MEX:PRGON vs AMLX, HROW, ANIP: Interest Coverage Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo Co'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.


Perrigo Co Interest Coverage vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Perrigo Co's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Perrigo Co's Interest Coverage falls into.


MEX:PRGON
44GF Score
Perrigo Co PLC MEX:PRGON
Interest Coverage is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Perrigo Co 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.

Perrigo Co'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, Perrigo Co's Interest Expense was MXN-2,926 Mil. Its Operating Income was MXN5,632 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN64,885 Mil.

Interest Coverage=-1* Operating Income (A: Dec. 2025 )/Interest Expense (A: Dec. 2025 )
=-1*5632.183/-2925.926
=1.92

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

Here, for the three months ended in Mar. 2026, Perrigo Co's Interest Expense was MXN-736 Mil. Its Operating Income was MXN606 Mil. And its Long-Term Debt & Capital Lease Obligation was MXN65,298 Mil.

Interest Coverage=-1* Operating Income (Q: Mar. 2026 )/Interest Expense (Q: Mar. 2026 )
=-1*605.899/-735.734
=0.82

* 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 0.82 mean?
Perrigo Co (MEX:PRGON) has a Interest Coverage of 0.82 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Perrigo Co and its competitors. This is 59% below median its historical median of 2.01. Over the past decade, Perrigo Co's Interest Coverage has ranged from 0.78 to 4.80. According to the industry distribution chart, Perrigo Co ranks #603 out of 685 companies in the Drug Manufacturers industry, placing it in the top 88%.
Is Perrigo Co's Interest Coverage too high?
Perrigo Co's current Interest Coverage of 0.82 is 59% below median its 10-year median of 2.01. Over the past 10 years, this metric has ranged from a low of 0.78 to a high of 4.80. The Drug Manufacturers industry median Interest Coverage is 12.78. Perrigo Co's value of 0.82 is 93.6% below this industry median. Based on the distribution chart, Perrigo Co ranks #603 out of 685 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Perrigo Co has a GF Score™ of 44/100, reflecting its overall financial health beyond just this single metric.
How does Perrigo Co's Interest Coverage compare to AMLX and HROW?
According to the Drug Manufacturers industry distribution chart, Perrigo Co ranks #603 out of 685 companies for Interest Coverage. This places Perrigo Co in the lower half of its industry. The industry median Interest Coverage is 12.78. Perrigo Co's value of 0.82 is 93.6% below this benchmark. Historically, Perrigo Co's own Interest Coverage has ranged from 0.78 to 4.80 over the past decade. While the company's 10-year median is 2.01 vs. the industry median of 12.78, Perrigo Co 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 Drug Manufacturers company?
The median Interest Coverage among Drug Manufacturers companies is 12.78, based on 685 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. Perrigo Co's current Interest Coverage of 0.82 is 93.6% 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 Perrigo Co and its competitors. For the Drug Manufacturers industry, the median Interest Coverage is 12.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Perrigo Co's current Interest Coverage is 0.82, which is 59% below median its own 10-year median of 2.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Perrigo Co stock overvalued right now?
Perrigo Co (MEX:PRGON) has a current Interest Coverage of 0.82. The stock's GF Value™ is MXN1,468.70, compared to a current price of MXN557.52 — trading 62% below its estimated fair value. The current Interest Coverage is 0.82, which is 59% below median its 10-year median of 2.01 and 93.6% below the Drug Manufacturers industry median of 12.78. Perrigo Co's overall GF Score™ is 44/100 with 4 warning signs 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 Perrigo Co (MEX:PRGON), the current Interest Coverage is 0.82 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 Perrigo Co (MEX:PRGON) Overvalued in 2026?

Based on GuruFocus' analysis, Perrigo Co stock appears to be undervalued. The current stock price of MXN557.52 is trading 62% below its estimated GF Value™ of MXN1,468.70.

Key valuation signals for MEX:PRGON:

  • Interest Coverage: 0.82 (59% below median its 10-year median of 2.01)
  • GF Value™: MXN1,468.70 vs. price of MXN557.52 (62% below fair value)
  • GF Score™: 44/100 with 4 warning signs
  • Industry Position: 93.6% below the Drug Manufacturers median (#603 of 685)

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


Perrigo Co Business Description

Address The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo has divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two-thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.
44GF Score

Get the complete analysis for MEX:PRGON

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

MXN557.52
Price
MXN1,468.70
GF Value