AeroVironment, Inc. (AVAV) Interest Coverage Ratio: 18.64x
The interest coverage ratio for AeroVironment, Inc. (AVAV) is 18.64x as of Friday, June 19, 2026.
AVAV Interest Coverage Ratio Metrics
INTEREST COVERAGE RATIO
18.64x
AVAV Competitors' Interest Coverage Ratio
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AeroVironment, Inc. (AVAV) | $8.47B | 18.64x | N/A | N/A | N/A |
| Gartner, Inc. (IT)vs › | $8.54B | 9.15x | 8.98x | 9.00x | 8.00x |
| AGCO Corporation (AGCO)vs › | $8.23B | 10.52x | 8.31x | 17.64x | 22.65x |
| Aecom (ACM)vs › | $8.84B | 5.57x | 5.02x | 4.48x | 3.83x |
| Planet Labs PBC (PL)vs › | $9.10B | -27.67x | N/A | N/A | N/A |
| MYR Group Inc. (MYRG)vs › | $7.06B | 28.79x | 18.54x | 23.87x | 30.06x |
| Powell Industries, Inc. (POWL)vs › | $10.83B | N/A | 47.61x | 48.35x | 62.70x |
| Matson, Inc. (MATX)vs › | $5.79B | 27.49x | 50.56x | 49.91x | 43.16x |
| Primoris Services Corporation (PRIM)vs › | $5.50B | 14.42x | 9.64x | 6.88x | 8.05x |
| Pentair plc (PNR)vs › | $12.01B | 12.36x | 10.71x | 9.33x | 17.93x |
Financial Health Indicators
Interest Coverage
18.6x
Debt/Equity
0.07
Current Ratio
3.52
Formula: Interest Coverage = EBIT / Interest Expense
Reference ranges:
- < 1.5x: EBIT is less than 1.5 times interest expense
- 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
- 3x - 5x: EBIT is between 3 and 5 times interest expense
- > 5x: EBIT is more than 5 times interest expense
Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.
AeroVironment, Inc. Interest Coverage Ratio Formula & Definition
Interest Coverage = EBIT / Interest Expense
The interest coverage ratio measures operating earnings relative to interest expense.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
AeroVironment, Inc. Interest Coverage Ratio FAQ
- What is the interest coverage ratio for AeroVironment, Inc. (AVAV)?
- The interest coverage ratio for AVAV stock is 18.64x.
About AeroVironment, Inc.
AeroVironment Inc. develops, produces, delivers, and services a diverse array of robotic systems for governmental and commercial entities across the globe. The company's operations are segmented into Unmanned Aircraft Systems (UAS), Tactical Missile Systems (TMS), Medium Unmanned Aircraft Systems (MUAS), and High Altitude Pseudo-Satellite Systems (HAPS). Its core clientele, particularly for UAS, TMS, and unmanned ground vehicles along with their accompanying support, includes agencies within the U.S. Department of Defense and international allied governments. AeroVironment also specializes in the engineering and manufacturing of unmanned aerial vehicles, encompassing airborne platforms, integrated payloads, ground control units, and essential support equipment. Beyond these core systems, the firm provides comprehensive support for small UAS products, offering spare components, modular payloads, power supplies (batteries, chargers), repair services, and dedicated customer assistance, alongside various aircraft, handheld control systems, and accessories. A key innovation area for the company involves the development of high-altitude pseudo-satellite UAS. Founded in 1971, AeroVironment's headquarters are located in Arlington, Virginia.
- Sector
- Industrials
- Industry
- Aerospace & Defense
- CEO
- Wahid Nawabi