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 16.02x is 45% above its 5-year average of 11.05x, near the high end of its 5-year range (-0.42x–17.72x).
11.87% above its 12-month average of 14.32x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 12.94x.
INTEREST COVERAGE RATIO
16.02x
INTEREST COVERAGE RATIO AVG TTM
14.32x
INTEREST COVERAGE RATIO AVG 3Y
15.79x
INTEREST COVERAGE RATIO AVG 5Y
11.05x
INTEREST COVERAGE RATIO AVG 10Y
6.99x
INTEREST COVERAGE RATIO AVG 15Y
N/A
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+11.87%
CURRENT VS 3Y AVG
+1.44%
CURRENT VS 5Y AVG
+45.00%
CURRENT VS 10Y AVG
+129.17%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+144.02%
vs the sector median at left
Baker Hughes Company
Market Cap
$57.60B
Interest Coverage Ratio
16.02x
TTM Avg
14.32x
3Y Avg
15.79x
5Y Avg
11.05x
Market Cap
$57.05B
Interest Coverage Ratio
4.14x
TTM Avg
4.61x
3Y Avg
7.25x
5Y Avg
6.38x
Market Cap
$60.75B
Interest Coverage Ratio
4.04x
TTM Avg
3.94x
3Y Avg
4.16x
5Y Avg
4.09x
Market Cap
$52.84B
Interest Coverage Ratio
7.55x
TTM Avg
8.99x
3Y Avg
13.60x
5Y Avg
12.68x
Market Cap
$62.67B
Interest Coverage Ratio
1.98x
TTM Avg
2.13x
3Y Avg
2.30x
5Y Avg
2.45x
Market Cap
$52.23B
Interest Coverage Ratio
20.16x
TTM Avg
17.63x
3Y Avg
25.51x
5Y Avg
24.41x
Market Cap
$69.85B
Interest Coverage Ratio
2.67x
TTM Avg
2.51x
3Y Avg
2.55x
5Y Avg
2.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baker Hughes Company (BKR) | $57.60B | 16.02x | 14.32x | 15.79x | 11.05x |
| ONEOK, Inc. (OKE)vs › | $57.05B | 3.91x | 3.82x | 4.29x | 4.06x |
| Occidental Petroleum Corporation (OXY)vs › | $57.05B | 4.14x | 4.61x | 7.25x | 6.38x |
| MPLX Lp (MPLX)vs › | $59.68B | 4.84x | 5.29x | 5.30x | 4.33x |
| Targa Resources Corp. (TRGP)vs › | $60.75B | 4.04x | 3.94x | 4.16x | 4.09x |
| Devon Energy Corporation (DVN)vs › | $52.84B | 7.55x | 8.99x | 13.60x | 12.68x |
| TC Energy Corporation (TRP)vs › | $62.67B | 1.98x | 2.13x | 2.30x | 2.45x |
| Diamondback Energy, Inc. (FANG)vs › | $52.23B | 20.16x | 17.63x | 25.51x | 24.41x |
| Kinder Morgan, Inc. (KMI)vs › | $69.85B | 2.67x | 2.51x | 2.55x | 2.63x |
| Energy Transfer LP (ET)vs › | $70.51B | 2.84x | 2.88x | 3.08x | 2.92x |
Interest Coverage
16.0x
Debt/Equity
0.82
Current Ratio
2.09
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 | 12.94x |
| 2026-03-31 | 9.41x |
| 2025-12-31 | 15.90x |
| 2025-09-30 | 16.93x |
| 2025-06-30 | 16.43x |
| 2025-03-31 | 14.75x |
| 2024-12-31 | 17.18x |
| 2024-09-30 | 16.91x |
| 2024-06-30 | 17.72x |
| 2024-03-31 | 15.93x |
| 2023-12-31 | 14.47x |
| 2023-09-30 | 14.57x |
| 2023-06-30 | 8.86x |
| 2023-03-31 | 6.84x |
| 2022-12-31 | 10.36x |
| 2022-09-30 | 4.14x |
| 2022-06-30 | -0.42x |
| 2022-03-31 | 4.36x |
| 2021-12-31 | 6.11x |
| 2021-09-30 | 5.64x |
| 2021-06-30 | 2.98x |
| 2021-03-31 | 2.22x |
| 2020-12-31 | 2.64x |
| 2020-09-30 | -0.74x |
| 2020-06-30 | -0.75x |
| 2020-03-31 | -272.19x |
| 2019-12-31 | 5.24x |
| 2019-09-30 | 5.03x |
| 2019-06-30 | 4.84x |
| 2019-03-31 | 2.98x |
| 2018-12-31 | 6.47x |
| 2018-09-30 | 5.13x |
| 2018-06-30 | 1.24x |
| 2018-03-31 | -0.89x |
| 2017-12-31 | -1.64x |
| 2017-09-30 | -4.71x |
| 2017-06-30 | -4.71x |
| 2017-03-31 | 4.30x |
