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 12.94x is 17% above its 5-year average of 11.05x, near the high end of its 5-year range (-0.42x–17.72x).
As of the fiscal period ended Tuesday, June 30, 2026. 9.64% below its 12-month average of 14.32x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
12.94x
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
-9.64%
CURRENT VS 3Y AVG
-18.07%
CURRENT VS 5Y AVG
+17.12%
CURRENT VS 10Y AVG
+85.10%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+97.10%
vs the sector median at left
Baker Hughes Company
Market Cap
$61.10B
Interest Coverage Ratio
12.94x
TTM Avg
14.32x
3Y Avg
15.79x
5Y Avg
11.05x
Market Cap
$55.61B
Interest Coverage Ratio
4.14x
TTM Avg
4.61x
3Y Avg
7.25x
5Y Avg
6.38x
Market Cap
$55.14B
Interest Coverage Ratio
4.04x
TTM Avg
3.94x
3Y Avg
4.16x
5Y Avg
4.09x
Market Cap
$68.70B
Interest Coverage Ratio
2.67x
TTM Avg
2.51x
3Y Avg
2.55x
5Y Avg
2.63x
Market Cap
$69.27B
Interest Coverage Ratio
2.84x
TTM Avg
2.88x
3Y Avg
3.08x
5Y Avg
2.92x
Market Cap
$52.90B
Interest Coverage Ratio
20.16x
TTM Avg
17.63x
3Y Avg
25.51x
5Y Avg
24.41x
Market Cap
$70.96B
Interest Coverage Ratio
20.86x
TTM Avg
22.36x
3Y Avg
22.66x
5Y Avg
17.91x
Market Cap
$71.77B
Interest Coverage Ratio
36.05x
TTM Avg
47.31x
3Y Avg
53.80x
5Y Avg
49.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baker Hughes Company (BKR) | $61.10B | 12.94x | 14.32x | 15.79x | 11.05x |
| Occidental Petroleum Corporation (OXY)vs › | $55.61B | 4.14x | 4.61x | 7.25x | 6.38x |
| Targa Resources Corp. (TRGP)vs › | $55.14B | 4.04x | 3.94x | 4.16x | 4.09x |
| ONEOK, Inc. (OKE)vs › | $54.46B | 3.91x | 3.82x | 4.29x | 4.06x |
| Kinder Morgan, Inc. (KMI)vs › | $68.70B | 2.67x | 2.51x | 2.55x | 2.63x |
| Energy Transfer LP (ET)vs › | $69.27B | 2.84x | 2.88x | 3.08x | 2.92x |
| Diamondback Energy, Inc. (FANG)vs › | $52.90B | 20.16x | 17.63x | 25.51x | 24.41x |
| Suncor Energy Inc. (SU)vs › | $70.96B | 20.86x | 22.36x | 22.66x | 17.91x |
| EOG Resources, Inc. (EOG)vs › | $71.77B | 36.05x | 47.31x | 53.80x | 49.89x |
| Slb N.V. (SLB)vs › | $74.99B | 9.80x | 11.08x | 10.39x | 8.27x |
Interest Coverage
12.9x
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 |
