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 3.53x is in line with its 5-year average of 3.61x, around the middle of its 5-year range (2.61x–4.63x).
8.70% above its 12-month average of 3.25x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.02x.
INTEREST COVERAGE RATIO
3.53x
INTEREST COVERAGE RATIO AVG TTM
3.25x
INTEREST COVERAGE RATIO AVG 3Y
3.85x
INTEREST COVERAGE RATIO AVG 5Y
3.61x
INTEREST COVERAGE RATIO AVG 10Y
3.69x
INTEREST COVERAGE RATIO AVG 15Y
3.50x
INTEREST COVERAGE RATIO AVG 20Y
3.06x
CURRENT VS TTM AVG
+8.70%
CURRENT VS 3Y AVG
-8.25%
CURRENT VS 5Y AVG
-2.20%
CURRENT VS 10Y AVG
-4.32%
CURRENT VS 15Y AVG
+0.80%
CURRENT VS 20Y AVG
+15.45%
SECTOR MEDIAN · REAL ESTATE
2.72x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+29.78%
vs the sector median at left
AvalonBay Communities, Inc.
Market Cap
$26.28B
Interest Coverage Ratio
3.53x
TTM Avg
3.25x
3Y Avg
3.85x
5Y Avg
3.61x
Market Cap
$27.23B
Interest Coverage Ratio
4.33x
TTM Avg
4.31x
3Y Avg
3.93x
5Y Avg
3.73x
Market Cap
$23.87B
Interest Coverage Ratio
4.75x
TTM Avg
5.56x
3Y Avg
5.56x
5Y Avg
5.56x
Market Cap
$28.83B
Interest Coverage Ratio
2.34x
TTM Avg
2.28x
3Y Avg
3.00x
5Y Avg
3.63x
Market Cap
$32.28B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
2.89x
5Y Avg
2.96x
Market Cap
$19.24B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
Market Cap
$33.59B
Interest Coverage Ratio
1.69x
TTM Avg
1.53x
3Y Avg
1.68x
5Y Avg
1.82x
Market Cap
$17.44B
Interest Coverage Ratio
3.24x
TTM Avg
3.12x
3Y Avg
2.91x
5Y Avg
2.74x
Market Cap
$16.37B
Interest Coverage Ratio
2.10x
TTM Avg
2.06x
3Y Avg
2.09x
5Y Avg
1.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AvalonBay Communities, Inc. (AVB) | $26.28B | 3.53x | 3.25x | 3.85x | 3.61x |
| VICI Properties Inc. (VICI)vs › | $27.23B | 4.33x | 4.31x | 3.93x | 3.73x |
| Equity Residential (EQR)vs › | $23.87B | 4.75x | 5.56x | 5.56x | 5.56x |
| Extra Space Storage Inc. (EXR)vs › | $28.83B | 2.34x | 2.28x | 3.00x | 3.63x |
| Crown Castle Inc. (CCI)vs › | $32.28B | 2.17x | 2.17x | 2.89x | 2.96x |
| SBA Communications Corporation (SBAC)vs › | $19.24B | 2.93x | 2.93x | 2.93x | 2.93x |
| Iron Mountain Incorporated (IRM)vs › | $33.59B | 1.69x | 1.53x | 1.68x | 1.82x |
| Essex Property Trust, Inc. (ESS)vs › | $17.44B | 3.24x | 3.12x | 2.91x | 2.74x |
| Invitation Homes Inc. (INVH)vs › | $16.37B | 2.10x | 2.06x | 2.09x | 1.90x |
| Weyerhaeuser Company (WY)vs › | $15.86B | 1.70x | 2.13x | 4.97x | 5.90x |
Interest Coverage
3.5x
Debt/Equity
0.76
Current Ratio
0.07
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 | 3.02x |
| 2026-03-31 | 3.06x |
| 2025-12-31 | 3.30x |
| 2025-09-30 | 3.33x |
| 2025-06-30 | 3.53x |
| 2025-03-31 | 4.00x |
| 2024-12-31 | 3.83x |
| 2024-09-30 | 4.06x |
| 2024-06-30 | 4.19x |
| 2024-03-31 | 4.10x |
| 2023-12-31 | 4.56x |
| 2023-09-30 | 4.63x |
| 2023-06-30 | 4.42x |
| 2023-03-31 | 3.70x |
| 2022-12-31 | 3.70x |
| 2022-09-30 | 3.55x |
| 2022-06-30 | 3.35x |
| 2022-03-31 | 3.05x |
| 2021-12-31 | 3.17x |
| 2021-09-30 | 2.65x |
| 2021-06-30 | 2.61x |
| 2021-03-31 | 2.68x |
| 2020-12-31 | 2.93x |
| 2020-09-30 | 3.10x |
| 2020-06-30 | 3.49x |
| 2020-03-31 | 3.71x |
| 2019-12-31 | 4.05x |
| 2019-09-30 | 4.11x |
| 2019-06-30 | 4.01x |
| 2019-03-31 | 4.29x |
| 2018-12-31 | 3.85x |
| 2018-09-30 | 3.90x |
| 2018-06-30 | 3.65x |
| 2018-03-31 | 3.56x |
| 2017-12-31 | 3.89x |
| 2017-09-30 | 4.33x |
| 2017-06-30 | 3.89x |
| 2017-03-31 | 3.91x |
| 2016-12-31 | 4.00x |
| 2016-09-30 | 4.08x |
| 2016-06-30 | 4.03x |
| 2016-03-31 | 4.68x |
| 2015-12-31 | 4.51x |
| 2015-09-30 | 4.13x |
| 2015-06-30 | 3.82x |
| 2015-03-31 | 3.40x |
| 2014-12-31 | 3.40x |
| 2014-09-30 | 3.39x |
| 2014-06-30 | 3.42x |
| 2014-03-31 | 3.33x |
| 2013-12-31 | 3.04x |
| 2013-09-30 | 1.83x |
| 2013-06-30 | 1.11x |
| 2013-03-31 | 2.15x |
| 2012-12-31 | 2.44x |
| 2012-09-30 | 2.86x |
| 2012-06-30 | 2.70x |
| 2012-03-31 | 2.57x |
| 2011-12-31 | 1.07x |
| 2011-09-30 | 1.93x |
| 2011-06-30 | 1.73x |
| 2011-03-31 | 1.66x |
| 2010-12-31 | 0.78x |
| 2010-09-30 | 1.60x |
| 2010-06-30 | 1.69x |
| 2010-03-31 | 1.47x |
| 2009-12-31 | 0.63x |
| 2009-09-30 | 1.66x |
| 2009-06-30 | 1.87x |
| 2009-03-31 | 2.39x |
| 2008-12-31 | 2.09x |
| 2008-09-30 | 2.60x |
| 2008-06-30 | 3.38x |
| 2008-03-31 | 2.58x |
| 2007-12-31 | 0.72x |
| 2007-09-30 | 2.61x |
| 2007-06-30 | 2.59x |
| 2007-03-31 | 2.35x |
| 2006-12-31 | 0.65x |
| 2006-09-30 | 2.47x |
| 2006-03-31 | 2.09x |
| 2005-12-31 | 0.48x |
| 2005-09-30 | 1.85x |
| 2004-12-31 | 0.42x |
| 2004-09-30 | 1.52x |
| 2003-12-31 | -0.60x |
| 2002-12-31 | -0.52x |
| 2002-09-30 | 7.52x |
