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 1.32x is 43% below its 5-year average of 2.31x, near the low end of its 5-year range (1.14x–3.62x).
As of the fiscal period ended Tuesday, June 30, 2026. 24.81% below its 12-month average of 1.75x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
1.32x
INTEREST COVERAGE RATIO AVG TTM
1.75x
INTEREST COVERAGE RATIO AVG 3Y
2.21x
INTEREST COVERAGE RATIO AVG 5Y
2.31x
INTEREST COVERAGE RATIO AVG 10Y
2.49x
INTEREST COVERAGE RATIO AVG 15Y
2.61x
INTEREST COVERAGE RATIO AVG 20Y
2.59x
CURRENT VS TTM AVG
-24.81%
CURRENT VS 3Y AVG
-40.46%
CURRENT VS 5Y AVG
-43.09%
CURRENT VS 10Y AVG
-47.08%
CURRENT VS 15Y AVG
-49.64%
CURRENT VS 20Y AVG
-49.18%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-44.95%
vs the sector median at left
DTE Energy Company
Market Cap
$28.65B
Interest Coverage Ratio
1.32x
TTM Avg
1.75x
3Y Avg
2.21x
5Y Avg
2.31x
Market Cap
$28.24B
Interest Coverage Ratio
9.09x
TTM Avg
8.10x
3Y Avg
8.23x
5Y Avg
8.92x
Market Cap
$29.84B
Interest Coverage Ratio
2.61x
TTM Avg
2.45x
3Y Avg
2.69x
5Y Avg
2.89x
Market Cap
$27.10B
Interest Coverage Ratio
2.49x
TTM Avg
2.42x
3Y Avg
2.26x
5Y Avg
2.14x
Market Cap
$27.05B
Interest Coverage Ratio
3.06x
TTM Avg
3.17x
3Y Avg
3.14x
5Y Avg
3.11x
Market Cap
$26.89B
Interest Coverage Ratio
4.61x
TTM Avg
3.09x
3Y Avg
2.27x
5Y Avg
2.01x
Market Cap
$26.75B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
Market Cap
$26.55B
Interest Coverage Ratio
2.63x
TTM Avg
2.50x
3Y Avg
2.53x
5Y Avg
2.36x
Market Cap
$26.46B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DTE Energy Company (DTE) | $28.65B | 1.32x | 1.75x | 2.21x | 2.31x |
| Atmos Energy Corporation (ATO)vs › | $28.24B | 9.09x | 8.10x | 8.23x | 8.92x |
| Ameren Corporation (AEE)vs › | $29.84B | 2.61x | 2.45x | 2.69x | 2.89x |
| FirstEnergy Corp. (FE)vs › | $27.10B | 2.49x | 2.42x | 2.26x | 2.14x |
| American Water Works Company, Inc. (AWK)vs › | $27.05B | 3.06x | 3.17x | 3.14x | 3.11x |
| Edison International (EIX)vs › | $26.89B | 4.61x | 3.09x | 2.27x | 2.01x |
| Eversource Energy (ES)vs › | $26.75B | 2.40x | 2.42x | 2.72x | 3.00x |
| PPL Corporation (PPL)vs › | $26.55B | 2.63x | 2.50x | 2.53x | 2.36x |
| CenterPoint Energy, Inc. (CNP)vs › | $26.46B | 2.34x | 2.35x | 2.55x | 2.46x |
| NRG Energy, Inc. (NRG)vs › | $25.27B | 2.40x | 3.06x | 2.89x | 3.53x |
Interest Coverage
1.3x
Debt/Equity
2.29
Current Ratio
0.76
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 | 1.32x |
| 2026-03-31 | 1.41x |
| 2025-12-31 | 2.08x |
| 2025-09-30 | 2.28x |
| 2025-06-30 | 1.67x |
| 2025-03-31 | 2.50x |
| 2024-12-31 | 2.24x |
| 2024-09-30 | 2.05x |
| 2024-06-30 | 2.15x |
| 2024-03-31 | 2.37x |
| 2023-12-31 | 3.15x |
| 2023-09-30 | 2.69x |
| 2023-06-30 | 2.07x |
| 2023-03-31 | 3.41x |
| 2022-12-31 | 2.44x |
| 2022-09-30 | 3.19x |
| 2022-06-30 | 1.14x |
| 2022-03-31 | 3.62x |
| 2021-12-31 | 2.71x |
| 2021-09-30 | 2.60x |
| 2021-06-30 | 1.46x |
| 2021-03-31 | 2.79x |
| 2020-12-31 | 2.47x |
| 2020-09-30 | 3.21x |
| 2020-06-30 | 2.05x |
| 2020-03-31 | 3.12x |
| 2019-12-31 | 2.40x |
| 2019-09-30 | 2.78x |
| 2019-06-30 | 1.95x |
| 2019-03-31 | 3.57x |
| 2018-12-31 | 2.26x |
| 2018-09-30 | 3.02x |
| 2018-06-30 | 2.44x |
| 2018-03-31 | 3.73x |
| 2017-12-31 | 2.70x |
| 2017-09-30 | 2.97x |
| 2017-06-30 | 2.41x |
| 2017-03-31 | 4.68x |
| 2016-12-31 | 2.30x |
| 2016-09-30 | 4.45x |
| 2016-06-30 | 2.25x |
| 2016-03-31 | 3.37x |
| 2015-12-31 | 1.23x |
| 2015-09-30 | 3.79x |
| 2015-06-30 | 1.77x |
| 2015-03-31 | 4.19x |
| 2014-12-31 | 5.11x |
| 2014-09-30 | 2.23x |
| 2014-06-30 | 2.35x |
| 2014-03-31 | 5.09x |
| 2013-12-31 | 2.21x |
| 2013-09-30 | 3.10x |
| 2013-06-30 | 1.99x |
| 2013-03-31 | 3.76x |
| 2012-12-31 | 2.48x |
| 2012-09-30 | 3.72x |
| 2012-06-30 | 2.70x |
| 2012-03-31 | 2.76x |
| 2011-12-31 | 2.79x |
| 2011-09-30 | 3.33x |
| 2011-06-30 | 2.32x |
| 2011-03-31 | 3.10x |
| 2010-12-31 | 2.67x |
| 2010-09-30 | 2.72x |
| 2010-06-30 | 1.88x |
| 2010-03-31 | 3.37x |
| 2009-12-31 | 2.18x |
| 2009-09-30 | 2.32x |
| 2009-06-30 | 1.60x |
| 2009-03-31 | 2.99x |
| 2008-12-31 | 0.60x |
| 2008-09-30 | 3.00x |
| 2008-06-30 | 1.29x |
| 2003-12-31 | 0.28x |
| 2002-12-31 | 0.50x |