Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the interest coverage ratio high or low?
The interest coverage ratio of 2.53x is 17% below its 5-year average of 3.06x, near the low end of its 5-year range (2.48x–3.99x).
1.47% below its 12-month average of 2.57x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.53x
INTEREST COVERAGE RATIO AVG TTM
2.57x
INTEREST COVERAGE RATIO AVG 3Y
2.75x
INTEREST COVERAGE RATIO AVG 5Y
3.06x
INTEREST COVERAGE RATIO AVG 10Y
3.15x
INTEREST COVERAGE RATIO AVG 15Y
3.19x
INTEREST COVERAGE RATIO AVG 20Y
3.46x
CURRENT VS TTM AVG
-1.47%
CURRENT VS 3Y AVG
-8.02%
CURRENT VS 5Y AVG
-17.42%
CURRENT VS 10Y AVG
-19.61%
CURRENT VS 15Y AVG
-20.62%
CURRENT VS 20Y AVG
-26.79%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-3.80%
vs the sector median at left
Agree Realty Corporation
Market Cap
$8.79B
Interest Coverage Ratio
2.53x
TTM Avg
2.57x
3Y Avg
2.75x
5Y Avg
3.06x
Market Cap
$8.87B
Interest Coverage Ratio
-5.30x
TTM Avg
6.72x
3Y Avg
5.89x
5Y Avg
5.52x
Market Cap
$8.48B
Interest Coverage Ratio
2.82x
TTM Avg
2.98x
3Y Avg
3.15x
5Y Avg
3.13x
Market Cap
$8.20B
Interest Coverage Ratio
3.42x
TTM Avg
3.35x
3Y Avg
3.59x
5Y Avg
3.63x
Market Cap
$10.11B
Interest Coverage Ratio
2.54x
TTM Avg
2.62x
3Y Avg
2.87x
5Y Avg
2.78x
Market Cap
$7.04B
Interest Coverage Ratio
5.86x
TTM Avg
6.47x
3Y Avg
5.74x
5Y Avg
5.83x
Market Cap
$10.58B
Interest Coverage Ratio
2.09x
TTM Avg
2.19x
3Y Avg
2.28x
5Y Avg
2.29x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Agree Realty Corporation (ADC) | $8.79B | 2.53x | 2.57x | 2.75x | 3.06x |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.87B | -5.30x | 6.72x | 5.89x | 5.52x |
| CubeSmart (CUBE)vs › | $9.00B | 3.93x | 3.93x | 3.93x | 3.93x |
| NNN REIT, Inc. (NNN)vs › | $8.48B | 2.82x | 2.98x | 3.15x | 3.13x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.20B | 3.42x | 3.35x | 3.59x | 3.63x |
| Federal Realty Investment Trust (FRT)vs › | $10.11B | 2.54x | 2.62x | 2.87x | 2.78x |
| BXP, Inc. (BXP)vs › | $10.50B | 3.00x | 2.29x | 2.21x | 2.20x |
| Terreno Realty Corporation (TRNO)vs › | $7.04B | 5.86x | 6.47x | 5.74x | 5.83x |
| Camden Property Trust (CPT)vs › | $10.58B | 2.09x | 2.19x | 2.28x | 2.29x |
| UDR, Inc. (UDR)vs › | $11.60B | 1.64x | 1.50x | 2.02x | 1.79x |
Interest Coverage
2.5x
Debt/Equity
0.60
Current Ratio
0.14
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | INTEREST COVERAGE RATIO |
|---|---|
| 2026-06-30 | 2.54x |
| 2026-03-31 | 2.74x |
| 2025-12-31 | 2.54x |
| 2025-09-30 | 2.48x |
| 2025-06-30 | 2.54x |
| 2025-03-31 | 2.56x |
| 2024-12-31 | 2.59x |
| 2024-09-30 | 2.57x |
| 2024-06-30 | 3.10x |
| 2024-03-31 | 2.88x |
| 2023-12-31 | 3.09x |
| 2023-09-30 | 3.03x |
| 2023-06-30 | 3.09x |
| 2023-03-31 | 3.36x |
| 2022-12-31 | 3.41x |
| 2022-09-30 | 3.34x |
| 2022-06-30 | 3.37x |
| 2022-03-31 | 3.66x |
| 2021-12-31 | 3.59x |
| 2021-09-30 | 3.85x |
| 2021-06-30 | 3.99x |
| 2021-03-31 | 3.68x |
| 2020-12-31 | 3.04x |
| 2020-09-30 | 3.14x |
| 2020-06-30 | 3.44x |
| 2020-03-31 | 3.07x |
| 2019-12-31 | 2.93x |
| 2019-09-30 | 3.20x |
| 2019-06-30 | 3.14x |
| 2019-03-31 | 2.97x |
| 2018-12-31 | 2.92x |
| 2018-09-30 | 2.83x |
| 2018-06-30 | 2.82x |
| 2018-03-31 | 3.23x |
| 2017-12-31 | 3.47x |
| 2017-09-30 | 3.52x |
| 2017-06-30 | 3.53x |
| 2017-03-31 | 3.45x |
| 2016-12-31 | 3.53x |
| 2016-09-30 | 3.47x |
| 2016-06-30 | 3.32x |
| 2016-03-31 | 3.08x |
| 2015-12-31 | 3.01x |
| 2014-12-31 | 3.40x |
| 2014-06-30 | 2.45x |
| 2012-09-30 | 4.08x |
| 2012-06-30 | 4.05x |
| 2012-03-31 | 3.97x |
| 2011-12-31 | 8.75x |
| 2011-09-30 | 2.59x |
| 2011-06-30 | 3.70x |
| 2011-03-31 | 3.92x |
| 2010-12-31 | -2.38x |
| 2010-09-30 | 4.80x |
| 2010-06-30 | 4.64x |
| 2010-03-31 | 4.25x |
| 2009-12-31 | 4.93x |
| 2009-09-30 | 4.83x |
| 2009-06-30 | 4.70x |
| 2009-03-31 | 4.68x |
| 2008-12-31 | 4.16x |
| 2008-09-30 | 4.04x |
| 2008-06-30 | 4.30x |
| 2008-03-31 | 4.09x |
| 2007-09-30 | 4.07x |
| 2007-06-30 | 4.40x |
