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 2.80x is 13% below its 5-year average of 3.23x, around the middle of its 5-year range (-1.50x–5.31x).
1.12% above its 12-month average of 2.77x.
Reported quarterly interest coverage; no daily interpolation. Q1 FY2026 (2026-03-31): 2.30x.
INTEREST COVERAGE RATIO
2.80x
INTEREST COVERAGE RATIO AVG TTM
2.77x
INTEREST COVERAGE RATIO AVG 3Y
3.38x
INTEREST COVERAGE RATIO AVG 5Y
3.23x
INTEREST COVERAGE RATIO AVG 10Y
3.46x
INTEREST COVERAGE RATIO AVG 15Y
3.77x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+1.12%
CURRENT VS 3Y AVG
-17.21%
CURRENT VS 5Y AVG
-13.30%
CURRENT VS 10Y AVG
-19.11%
CURRENT VS 15Y AVG
-25.65%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
2.72x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+2.94%
vs the sector median at left
Apple Hospitality REIT, Inc.
Market Cap
$3.74B
Interest Coverage Ratio
2.80x
TTM Avg
2.77x
3Y Avg
3.38x
5Y Avg
3.23x
Market Cap
$2.96B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.45B
Interest Coverage Ratio
-2.08x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$2.05B
Interest Coverage Ratio
1.52x
TTM Avg
1.58x
3Y Avg
2.17x
5Y Avg
2.17x
Market Cap
$7.06B
Interest Coverage Ratio
5.86x
TTM Avg
6.47x
3Y Avg
5.74x
5Y Avg
5.83x
Market Cap
$7.81B
Interest Coverage Ratio
2.82x
TTM Avg
2.98x
3Y Avg
3.15x
5Y Avg
3.13x
Market Cap
$8.03B
Interest Coverage Ratio
2.53x
TTM Avg
2.65x
3Y Avg
2.97x
5Y Avg
3.17x
Market Cap
$8.12B
Interest Coverage Ratio
3.42x
TTM Avg
3.35x
3Y Avg
3.59x
5Y Avg
3.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Apple Hospitality REIT, Inc. (APLE) | $3.74B | 2.80x | 2.77x | 3.38x | 3.23x |
| Fermi Inc. Common Stock (FRMI)vs › | $2.96B | N/A | N/A | N/A | N/A |
| Opendoor Technologies Inc. (OPEN)vs › | $2.45B | -2.08x | N/A | N/A | N/A |
| Sunstone Hotel Investors, Inc. (SHO)vs › | $2.05B | 1.52x | 1.58x | 2.17x | 2.17x |
| Terreno Realty Corporation (TRNO)vs › | $7.06B | 5.86x | 6.47x | 5.74x | 5.83x |
| NNN REIT, Inc. (NNN)vs › | $7.81B | 2.82x | 2.98x | 3.15x | 3.13x |
| Agree Realty Corporation (ADC)vs › | $8.03B | 2.53x | 2.65x | 2.97x | 3.17x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.12B | 3.42x | 3.35x | 3.59x | 3.63x |
| CubeSmart (CUBE)vs › | $8.55B | 3.93x | 3.93x | 3.93x | 3.93x |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.91B | -5.30x | 6.72x | 5.89x | 5.52x |
Interest Coverage
2.8x
Debt/Equity
0.04
Current Ratio
0.09
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 | 2.30x |
| 2025-12-31 | 2.11x |
| 2025-06-30 | 4.05x |
| 2025-03-31 | 2.62x |
| 2024-12-31 | 2.51x |
| 2024-09-30 | 3.66x |
| 2024-06-30 | 4.83x |
| 2024-03-31 | 4.14x |
| 2023-12-31 | 2.18x |
| 2023-09-30 | 4.37x |
| 2023-06-30 | 4.74x |
| 2023-03-31 | 3.08x |
| 2022-12-31 | 1.17x |
| 2022-09-30 | 5.05x |
| 2022-06-30 | 5.31x |
| 2022-03-31 | 2.24x |
| 2021-12-31 | 1.91x |
| 2021-09-30 | 2.99x |
| 2021-06-30 | 2.09x |
| 2021-03-31 | -1.50x |
| 2020-12-31 | -1.79x |
| 2020-09-30 | -1.21x |
| 2020-06-30 | -3.25x |
| 2020-03-31 | 0.83x |
| 2019-12-31 | 2.70x |
| 2019-09-30 | 4.14x |
| 2019-06-30 | 4.93x |
| 2019-03-31 | 3.48x |
| 2018-12-31 | 3.66x |
| 2018-09-30 | 5.74x |
| 2018-06-30 | 6.13x |
| 2018-03-31 | 4.55x |
| 2017-12-31 | 0.79x |
| 2017-09-30 | 6.25x |
| 2017-06-30 | 7.05x |
| 2017-03-31 | 3.95x |
| 2016-12-31 | 4.61x |
| 2016-09-30 | 2.35x |
| 2016-06-30 | 6.76x |
| 2016-03-31 | 4.97x |
| 2015-12-31 | -1.00x |
| 2015-09-30 | 6.06x |
| 2015-06-30 | 7.22x |
| 2015-03-31 | 4.69x |
| 2014-12-31 | 4.61x |
| 2014-09-30 | 6.63x |
| 2014-06-30 | 7.05x |
| 2014-03-31 | -25.69x |
| 2013-12-31 | 9.36x |
| 2013-09-30 | 9.10x |
| 2013-06-30 | 11.72x |
| 2013-03-31 | 8.92x |
| 2012-12-31 | 6.89x |
| 2012-09-30 | 11.66x |
| 2012-06-30 | -14.38x |
| 2012-03-31 | -13.00x |
| 2011-12-31 | -7.62x |
| 2011-09-30 | -13.00x |
| 2011-06-30 | -0.19x |
| 2011-03-31 | 28.94x |
| 2010-12-31 | -10.44x |
| 2010-09-30 | 7.98x |
| 2010-06-30 | -17.73x |
| 2010-03-31 | 46.43x |
| 2009-12-31 | 63.64x |
| 2009-09-30 | 14.57x |
| 2009-06-30 | 11.56x |
| 2009-03-31 | 19.67x |
| 2008-12-31 | 18.40x |
