Basis: Latest reported fiscal quarter. 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 1.66x is 14% below its 5-year average of 1.93x, near the low end of its 5-year range (0.92x–3.56x).
As of the fiscal period ended Tuesday, March 31, 2026. 19.94% above its 12-month average of 1.38x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1.66x
INTEREST COVERAGE RATIO AVG TTM
1.38x
INTEREST COVERAGE RATIO AVG 3Y
1.40x
INTEREST COVERAGE RATIO AVG 5Y
1.93x
INTEREST COVERAGE RATIO AVG 10Y
2.00x
INTEREST COVERAGE RATIO AVG 15Y
2.04x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+19.94%
CURRENT VS 3Y AVG
+18.40%
CURRENT VS 5Y AVG
-14.30%
CURRENT VS 10Y AVG
-17.07%
CURRENT VS 15Y AVG
-18.73%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-30.51%
vs the sector median at left
The AES Corporation
Market Cap
$10.48B
Interest Coverage Ratio
1.66x
TTM Avg
1.38x
3Y Avg
1.40x
5Y Avg
1.93x
Market Cap
$10.01B
Interest Coverage Ratio
0.35x
TTM Avg
0.45x
3Y Avg
0.68x
5Y Avg
0.99x
Market Cap
$12.33B
Interest Coverage Ratio
2.65x
TTM Avg
2.67x
3Y Avg
2.67x
5Y Avg
2.93x
Market Cap
$8.31B
Interest Coverage Ratio
0.45x
TTM Avg
0.55x
3Y Avg
2.05x
5Y Avg
1.64x
Market Cap
$7.64B
Interest Coverage Ratio
2.69x
TTM Avg
2.32x
3Y Avg
3.23x
5Y Avg
4.09x
Market Cap
$15.29B
Interest Coverage Ratio
0.05x
TTM Avg
0.37x
3Y Avg
0.32x
5Y Avg
0.32x
Market Cap
$5.42B
Interest Coverage Ratio
2.60x
TTM Avg
2.59x
3Y Avg
2.65x
5Y Avg
2.71x
Market Cap
$3.20B
Interest Coverage Ratio
2.39x
TTM Avg
2.25x
3Y Avg
2.00x
5Y Avg
2.09x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The AES Corporation (AES) | $10.48B | 1.66x | 1.38x | 1.40x | 1.93x |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.01B | 0.35x | 0.45x | 0.68x | 0.99x |
| Pinnacle West Capital Corporation (PNW)vs › | $12.33B | 2.65x | 2.67x | 2.67x | 2.93x |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 0.45x | 0.55x | 2.05x | 1.64x |
| UGI Corporation (UGI)vs › | $7.64B | 2.69x | 2.32x | 3.23x | 4.09x |
| Oklo Inc. (OKLO)vs › | $7.51B | N/A | N/A | N/A | N/A |
| Talen Energy Corporation (TLN)vs › | $15.29B | 0.05x | 0.37x | 0.32x | 0.32x |
| Black Hills Corporation (BKH)vs › | $5.42B | 2.60x | 2.59x | 2.65x | 2.71x |
| Avista Corporation (AVA)vs › | $3.20B | 2.39x | 2.25x | 2.00x | 2.09x |
| Alliant Energy Corporation (LNT)vs › | $18.03B | 2.00x | 1.98x | 2.30x | 2.43x |
Interest Coverage
1.7x
Debt/Equity
7.01
Current Ratio
0.73
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 |
|---|---|
| 2026-03-31 | 1.66x |
| 2025-12-31 | 1.38x |
| 2025-09-30 | 1.59x |
| 2025-06-30 | 1.17x |
| 2025-03-31 | 1.11x |
| 2024-12-31 | 0.92x |
| 2024-09-30 | 1.77x |
| 2024-06-30 | 1.36x |
| 2024-03-31 | 1.53x |
| 2023-12-31 | 1.23x |
| 2023-09-30 | 2.59x |
| 2023-06-30 | 1.46x |
| 2023-03-31 | 1.62x |
| 2022-12-31 | 1.63x |
| 2022-09-30 | 3.17x |
| 2022-06-30 | 1.93x |
| 2022-03-31 | 2.04x |
| 2021-12-31 | 2.38x |
| 2021-09-30 | 3.44x |
| 2021-06-30 | 3.06x |
| 2021-03-31 | 3.56x |
| 2020-12-31 | 2.64x |
| 2020-09-30 | 2.89x |
| 2020-06-30 | 4.20x |
| 2020-03-31 | 2.17x |
| 2019-12-31 | 1.94x |
| 2019-09-30 | 2.73x |
| 2019-06-30 | 1.71x |
| 2019-03-31 | 2.14x |
| 2018-12-31 | 2.39x |
| 2018-09-30 | 2.58x |
| 2018-06-30 | 2.26x |
| 2018-03-31 | 2.27x |
| 2017-12-31 | 1.87x |
| 2017-09-30 | 2.09x |
| 2017-06-30 | 2.24x |
| 2017-03-31 | 1.66x |
| 2016-12-31 | 1.71x |
| 2016-09-30 | 1.96x |
| 2016-06-30 | 1.99x |
| 2016-03-31 | 1.66x |
| 2015-12-31 | 1.71x |
| 2015-09-30 | 1.96x |
| 2015-06-30 | 2.46x |
| 2015-03-31 | 1.83x |
| 2014-12-31 | 1.74x |
| 2014-09-30 | 1.85x |
| 2014-06-30 | 2.37x |
| 2014-03-31 | 1.99x |
| 2013-12-31 | 1.46x |
| 2013-09-30 | 2.44x |
| 2013-06-30 | 2.52x |
| 2013-03-31 | 1.88x |
| 2012-12-31 | 2.34x |
| 2012-09-30 | 2.28x |
| 2012-06-30 | 1.61x |
| 2012-03-31 | 2.37x |
| 2011-12-31 | 2.37x |
| 2011-09-30 | 2.20x |
| 2011-06-30 | 2.35x |
| 2011-03-31 | 2.66x |
| 2010-12-31 | 2.50x |
| 2010-09-30 | 2.28x |
| 2010-06-30 | 2.32x |
| 2010-03-31 | 2.31x |
| 2009-12-31 | 2.08x |
| 2009-09-30 | 2.18x |
| 2009-06-30 | 1.95x |
| 2009-03-31 | 2.01x |
| 2008-09-30 | 1.85x |
| 2008-06-30 | 1.98x |
| 2008-03-31 | 2.17x |
