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 2.36x is in line with its 5-year average of 2.35x, near the low end of its 5-year range (1.96x–3.41x).
0.04% above its 12-month average of 2.36x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 2.14x.
INTEREST COVERAGE RATIO
2.36x
INTEREST COVERAGE RATIO AVG TTM
2.36x
INTEREST COVERAGE RATIO AVG 3Y
2.37x
INTEREST COVERAGE RATIO AVG 5Y
2.35x
INTEREST COVERAGE RATIO AVG 10Y
2.48x
INTEREST COVERAGE RATIO AVG 15Y
2.72x
INTEREST COVERAGE RATIO AVG 20Y
2.81x
CURRENT VS TTM AVG
+0.04%
CURRENT VS 3Y AVG
-0.46%
CURRENT VS 5Y AVG
+0.59%
CURRENT VS 10Y AVG
-4.73%
CURRENT VS 15Y AVG
-13.24%
CURRENT VS 20Y AVG
-15.96%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-1.26%
vs the sector median at left
Duke Energy Corporation
Market Cap
$91.81B
Interest Coverage Ratio
2.36x
TTM Avg
2.36x
3Y Avg
2.37x
5Y Avg
2.35x
Market Cap
$93.20B
Interest Coverage Ratio
6.04x
TTM Avg
7.32x
3Y Avg
5.09x
5Y Avg
4.21x
Market Cap
$99.20B
Interest Coverage Ratio
2.20x
TTM Avg
2.39x
3Y Avg
2.46x
5Y Avg
2.42x
Market Cap
$65.70B
Interest Coverage Ratio
2.61x
TTM Avg
2.58x
3Y Avg
2.47x
5Y Avg
2.53x
Market Cap
$55.86B
Interest Coverage Ratio
2.18x
TTM Avg
1.95x
3Y Avg
1.85x
5Y Avg
1.74x
Market Cap
$47.75B
Interest Coverage Ratio
2.28x
TTM Avg
2.29x
3Y Avg
2.31x
5Y Avg
2.29x
Market Cap
$47.34B
Interest Coverage Ratio
1.13x
TTM Avg
3.41x
3Y Avg
3.78x
5Y Avg
4.03x
Market Cap
$45.42B
Interest Coverage Ratio
2.14x
TTM Avg
2.08x
3Y Avg
2.31x
5Y Avg
2.43x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duke Energy Corporation (DUK) | $91.81B | 2.36x | 2.36x | 2.37x | 2.35x |
| Constellation Energy Corporation (CEG)vs › | $93.20B | 6.04x | 7.32x | 5.09x | 4.21x |
| The Southern Company (SO)vs › | $99.20B | 2.20x | 2.39x | 2.46x | 2.42x |
| American Electric Power Company, Inc. (AEP)vs › | $65.70B | 2.61x | 2.58x | 2.47x | 2.53x |
| Dominion Energy, Inc. (D)vs › | $55.86B | 2.18x | 1.95x | 1.85x | 1.74x |
| Sempra (SRE)vs › | $53.42B | 2.12x | 2.15x | 2.51x | 2.53x |
| Entergy Corporation (ETR)vs › | $47.75B | 2.28x | 2.29x | 2.31x | 2.29x |
| Vistra Corp. (VST)vs › | $47.34B | 1.13x | 3.41x | 3.78x | 4.03x |
| Xcel Energy Inc. (XEL)vs › | $45.42B | 2.14x | 2.08x | 2.31x | 2.43x |
| Exelon Corporation (EXC)vs › | $43.72B | 2.42x | 2.34x | 2.33x | 2.19x |
Interest Coverage
2.4x
Debt/Equity
1.67
Current Ratio
0.66
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 | 2.14x |
| 2026-03-31 | 2.82x |
| 2025-12-31 | 2.22x |
| 2025-09-30 | 2.59x |
| 2025-06-30 | 2.03x |
| 2025-03-31 | 2.64x |
| 2024-12-31 | 2.42x |
| 2024-09-30 | 2.46x |
| 2024-06-30 | 2.07x |
| 2024-03-31 | 2.40x |
| 2023-12-31 | 2.34x |
| 2023-09-30 | 2.73x |
| 2023-06-30 | 1.97x |
| 2023-03-31 | 2.33x |
| 2022-12-31 | 2.09x |
| 2022-09-30 | 3.41x |
| 2022-06-30 | 2.46x |
| 2022-03-31 | 2.31x |
| 2021-12-31 | 1.96x |
| 2021-09-30 | 2.90x |
| 2021-06-30 | 2.04x |
| 2021-03-31 | 2.71x |
| 2020-12-31 | 0.14x |
| 2020-09-30 | 3.48x |
| 2020-06-30 | 2.12x |
| 2020-03-31 | 2.70x |
| 2019-12-31 | 2.03x |
| 2019-09-30 | 3.37x |
| 2019-06-30 | 2.39x |
| 2019-03-31 | 2.53x |
| 2018-12-31 | 1.60x |
| 2018-09-30 | 3.05x |
| 2018-06-30 | 1.89x |
| 2018-03-31 | 2.44x |
| 2017-12-31 | 2.37x |
| 2017-09-30 | 3.34x |
| 2017-06-30 | 2.78x |
| 2017-03-31 | 2.86x |
| 2016-12-31 | 1.99x |
| 2016-09-30 | 4.25x |
| 2016-06-30 | 2.63x |
| 2016-03-31 | 2.54x |
| 2015-12-31 | 1.70x |
| 2015-09-30 | 4.20x |
| 2015-06-30 | 3.09x |
| 2015-03-31 | 3.61x |
| 2014-12-31 | 2.48x |
| 2014-09-30 | 4.00x |
| 2014-06-30 | 3.20x |
| 2014-03-31 | 3.37x |
| 2013-12-31 | 2.84x |
| 2013-09-30 | 4.39x |
| 2013-06-30 | 3.10x |
| 2013-03-31 | 3.31x |
| 2012-12-31 | 1.99x |
| 2012-09-30 | 3.68x |
| 2012-06-30 | 3.39x |
| 2012-03-31 | 2.21x |
| 2011-12-31 | 2.31x |
| 2011-09-30 | 3.60x |
| 2011-06-30 | 3.34x |
| 2011-03-31 | 3.67x |
| 2010-12-31 | 3.15x |
| 2010-09-30 | 5.11x |
| 2010-06-30 | -0.07x |
| 2010-03-31 | 3.62x |
| 2009-12-31 | 3.12x |
| 2009-09-30 | 2.34x |
| 2009-06-30 | 2.84x |
| 2009-03-31 | 3.70x |
| 2008-09-30 | 3.28x |
| 2008-06-30 | 3.52x |
| 2008-03-31 | 4.13x |