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 0.39x is 92% below its 5-year average of 4.79x, around the middle of its 5-year range (-24.53x–15.29x).
As of the fiscal period ended Tuesday, June 30, 2026. 110.97% above its 12-month average of -3.54x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
0.39x
INTEREST COVERAGE RATIO AVG TTM
-3.54x
INTEREST COVERAGE RATIO AVG 3Y
3.21x
INTEREST COVERAGE RATIO AVG 5Y
4.79x
INTEREST COVERAGE RATIO AVG 10Y
3.35x
INTEREST COVERAGE RATIO AVG 15Y
2.80x
INTEREST COVERAGE RATIO AVG 20Y
2.47x
CURRENT VS TTM AVG
+110.97%
CURRENT VS 3Y AVG
-87.92%
CURRENT VS 5Y AVG
-91.90%
CURRENT VS 10Y AVG
-88.42%
CURRENT VS 15Y AVG
-86.15%
CURRENT VS 20Y AVG
-84.28%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-85.25%
vs the sector median at left
Alexandria Real Estate Equities, Inc.
Market Cap
$8.39B
Interest Coverage Ratio
0.39x
TTM Avg
-3.54x
3Y Avg
3.21x
5Y Avg
4.79x
Market Cap
$8.35B
Interest Coverage Ratio
3.42x
TTM Avg
3.35x
3Y Avg
3.59x
5Y Avg
3.63x
Market Cap
$8.63B
Interest Coverage Ratio
2.82x
TTM Avg
2.98x
3Y Avg
3.15x
5Y Avg
3.13x
Market Cap
$8.81B
Interest Coverage Ratio
2.53x
TTM Avg
2.65x
3Y Avg
2.97x
5Y Avg
3.17x
Market Cap
$7.26B
Interest Coverage Ratio
5.86x
TTM Avg
6.47x
3Y Avg
5.74x
5Y Avg
5.83x
Market Cap
$10.08B
Interest Coverage Ratio
2.54x
TTM Avg
2.62x
3Y Avg
2.87x
5Y Avg
2.78x
Market Cap
$10.89B
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 |
|---|---|---|---|---|---|
| Alexandria Real Estate Equities, Inc. (ARE) | $8.39B | 0.39x | -3.54x | 3.21x | 4.79x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.35B | 3.42x | 3.35x | 3.59x | 3.63x |
| NNN REIT, Inc. (NNN)vs › | $8.63B | 2.82x | 2.98x | 3.15x | 3.13x |
| Agree Realty Corporation (ADC)vs › | $8.81B | 2.53x | 2.65x | 2.97x | 3.17x |
| CubeSmart (CUBE)vs › | $9.25B | 3.93x | 3.93x | 3.93x | 3.93x |
| Terreno Realty Corporation (TRNO)vs › | $7.26B | 5.86x | 6.47x | 5.74x | 5.83x |
| Federal Realty Investment Trust (FRT)vs › | $10.08B | 2.54x | 2.62x | 2.87x | 2.78x |
| BXP, Inc. (BXP)vs › | $10.77B | 3.00x | 2.29x | 2.21x | 2.20x |
| Camden Property Trust (CPT)vs › | $10.89B | 2.09x | 2.19x | 2.28x | 2.29x |
| UDR, Inc. (UDR)vs › | $11.98B | 1.64x | 1.50x | 2.02x | 1.79x |
Interest Coverage
0.4x
Debt/Equity
0.82
Current Ratio
0.11
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 | 0.39x |
| 2026-03-31 | 1.65x |
| 2025-12-31 | -24.53x |
| 2025-09-30 | 2.32x |
| 2025-06-30 | 2.49x |
| 2025-03-31 | 2.83x |
| 2024-12-31 | 2.87x |
| 2024-09-30 | 4.70x |
| 2024-06-30 | 4.42x |
| 2024-03-31 | 4.96x |
| 2023-12-31 | 5.49x |
| 2023-09-30 | 15.29x |
| 2023-06-30 | 10.14x |
| 2023-03-31 | 12.18x |
| 2022-12-31 | 8.78x |
| 2022-09-30 | 6.56x |
| 2022-06-30 | 6.56x |
| 2022-03-31 | 5.08x |
| 2021-12-31 | 3.39x |
| 2021-09-30 | 9.72x |
| 2021-06-30 | 3.88x |
| 2021-03-31 | 3.45x |
| 2020-12-31 | 3.04x |
| 2020-09-30 | 4.37x |
| 2020-06-30 | 2.49x |
| 2020-03-31 | 2.21x |
| 2019-12-31 | 2.47x |
| 2019-09-30 | -0.02x |
| 2019-06-30 | 2.84x |
| 2019-03-31 | 4.30x |
| 2018-12-31 | 0.39x |
| 2018-09-30 | 6.06x |
| 2018-06-30 | 2.44x |
| 2018-03-31 | 4.67x |
| 2017-12-31 | 2.09x |
| 2017-09-30 | 2.73x |
| 2017-06-30 | 2.08x |
| 2017-03-31 | 2.40x |
| 2016-12-31 | 1.49x |
| 2016-09-30 | 1.36x |
| 2016-06-30 | -3.46x |
| 2016-03-31 | 1.24x |
| 2015-12-31 | 2.49x |
| 2015-09-30 | 1.21x |
| 2015-06-30 | 1.35x |
| 2015-03-31 | 2.06x |
| 2014-12-31 | 0.67x |
| 2014-09-30 | 1.79x |
| 2014-06-30 | 2.11x |
| 2014-03-31 | 2.02x |
| 2013-12-31 | 3.42x |
| 2013-09-30 | 1.97x |
| 2013-06-30 | 1.93x |
| 2013-03-31 | 1.63x |
| 2012-12-31 | 1.99x |
| 2012-09-30 | 2.02x |
| 2012-06-30 | 2.38x |
| 2012-03-31 | 2.98x |
| 2011-12-31 | 3.33x |
| 2011-09-30 | 3.24x |
| 2011-06-30 | 3.01x |
| 2011-03-31 | 2.78x |
| 2010-12-31 | 6.30x |
| 2010-09-30 | 2.83x |
| 2010-06-30 | 0.30x |
| 2010-03-31 | 2.59x |
| 2009-12-31 | 2.49x |
| 2009-09-30 | 2.22x |
| 2009-06-30 | 2.89x |
| 2009-03-31 | 3.00x |
| 2008-12-31 | 2.49x |
| 2008-09-30 | 2.43x |
| 2008-06-30 | 2.60x |
| 2008-03-31 | 2.69x |
| 2007-12-31 | 2.04x |
| 2007-09-30 | 1.96x |
| 2007-06-30 | 2.21x |
| 2007-03-31 | 2.06x |
| 2006-12-31 | 1.97x |
| 2006-09-30 | 2.00x |
| 2006-06-30 | 2.05x |
| 2006-03-31 | 2.13x |
| 2005-12-31 | 2.21x |
| 2005-09-30 | 2.22x |
| 2005-06-30 | 2.45x |
| 2005-03-31 | 2.32x |
| 2004-12-31 | 2.84x |
| 2004-09-30 | 3.33x |
| 2004-06-30 | 3.01x |
| 2004-03-31 | 3.29x |
| 2003-12-31 | 3.05x |
| 2003-09-30 | 4.31x |
| 2003-06-30 | 2.93x |
| 2003-03-31 | 2.77x |
| 2002-12-31 | 2.78x |
| 2002-09-30 | 2.77x |