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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

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
AeroVironment, Inc. (AVAV)$8.47B18.64xN/AN/AN/A
Gartner, Inc. (IT)vs ›$8.54B9.15x8.98x9.00x8.00x
AGCO Corporation (AGCO)vs ›$8.23B10.52x8.31x17.64x22.65x
Aecom (ACM)vs ›$8.84B5.57x5.02x4.48x3.83x
Planet Labs PBC (PL)vs ›$9.10B-27.67xN/AN/AN/A
MYR Group Inc. (MYRG)vs ›$7.06B28.79x18.54x23.87x30.06x
Powell Industries, Inc. (POWL)vs ›$10.83BN/A47.61x48.35x62.70x
Matson, Inc. (MATX)vs ›$5.79B27.49x50.56x49.91x43.16x
Primoris Services Corporation (PRIM)vs ›$5.50B14.42x9.64x6.88x8.05x
Pentair plc (PNR)vs ›$12.01B12.36x10.71x9.33x17.93x

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.

Arlington, VA
1,403 employees
Industrials / Aerospace & Defense
Sector
Industrials
Industry
Aerospace & Defense
CEO
Wahid Nawabi