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 3.06x is 15% below its 5-year average of 3.59x, near the low end of its 5-year range (2.61x–4.63x).
As of the fiscal period ended Tuesday, March 31, 2026. 11.21% below its 12-month average of 3.44x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
3.06x
INTEREST COVERAGE RATIO AVG TTM
3.44x
INTEREST COVERAGE RATIO AVG 3Y
3.90x
INTEREST COVERAGE RATIO AVG 5Y
3.59x
INTEREST COVERAGE RATIO AVG 10Y
3.73x
INTEREST COVERAGE RATIO AVG 15Y
3.48x
INTEREST COVERAGE RATIO AVG 20Y
3.05x
CURRENT VS TTM AVG
-11.21%
CURRENT VS 3Y AVG
-21.61%
CURRENT VS 5Y AVG
-14.93%
CURRENT VS 10Y AVG
-18.04%
CURRENT VS 15Y AVG
-12.13%
CURRENT VS 20Y AVG
+0.36%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+16.23%
vs the sector median at left
AvalonBay Communities, Inc.
Market Cap
$26.63B
Interest Coverage Ratio
3.06x
TTM Avg
3.44x
3Y Avg
3.90x
5Y Avg
3.59x
Market Cap
$25.22B
Interest Coverage Ratio
4.75x
TTM Avg
5.56x
3Y Avg
5.56x
5Y Avg
5.56x
Market Cap
$28.58B
Interest Coverage Ratio
4.46x
TTM Avg
4.38x
3Y Avg
3.96x
5Y Avg
3.75x
Market Cap
$31.34B
Interest Coverage Ratio
2.34x
TTM Avg
2.28x
3Y Avg
3.00x
5Y Avg
3.63x
Market Cap
$32.38B
Interest Coverage Ratio
2.17x
TTM Avg
2.17x
3Y Avg
2.89x
5Y Avg
2.96x
Market Cap
$18.65B
Interest Coverage Ratio
3.24x
TTM Avg
3.12x
3Y Avg
2.91x
5Y Avg
2.74x
Market Cap
$18.31B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
Market Cap
$17.79B
Interest Coverage Ratio
1.85x
TTM Avg
1.95x
3Y Avg
2.23x
5Y Avg
2.13x
Market Cap
$17.60B
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) | $26.63B | 3.06x | 3.44x | 3.90x | 3.59x |
| Equity Residential (EQR)vs › | $25.22B | 4.75x | 5.56x | 5.56x | 5.56x |
| VICI Properties Inc. (VICI)vs › | $28.58B | 4.46x | 4.38x | 3.96x | 3.75x |
| Extra Space Storage Inc. (EXR)vs › | $31.34B | 2.34x | 2.28x | 3.00x | 3.63x |
| Crown Castle Inc. (CCI)vs › | $32.38B | 2.17x | 2.17x | 2.89x | 2.96x |
| Essex Property Trust, Inc. (ESS)vs › | $18.65B | 3.24x | 3.12x | 2.91x | 2.74x |
| SBA Communications Corporation (SBAC)vs › | $18.31B | 2.93x | 2.93x | 2.93x | 2.93x |
| Kimco Realty Corporation (KIM)vs › | $17.79B | 1.85x | 1.95x | 2.23x | 2.13x |
| Invitation Homes Inc. (INVH)vs › | $17.60B | 2.10x | 2.06x | 2.09x | 1.90x |
| Weyerhaeuser Company (WY)vs › | $17.25B | 1.70x | 2.13x | 4.97x | 5.90x |
Interest Coverage
3.1x
Debt/Equity
0.80
Current Ratio
0.25
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 | 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 |
| 2002-06-30 | 2.29x |
