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 17.77x is 36% above its 5-year average of 13.02x, around the middle of its 5-year range (2.54x–29.87x).
As of the fiscal period ended Tuesday, June 30, 2026. 107.72% above its 12-month average of 8.56x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
17.77x
INTEREST COVERAGE RATIO AVG TTM
8.56x
INTEREST COVERAGE RATIO AVG 3Y
10.21x
INTEREST COVERAGE RATIO AVG 5Y
13.02x
INTEREST COVERAGE RATIO AVG 10Y
6.79x
INTEREST COVERAGE RATIO AVG 15Y
7.42x
INTEREST COVERAGE RATIO AVG 20Y
8.12x
CURRENT VS TTM AVG
+107.72%
CURRENT VS 3Y AVG
+74.02%
CURRENT VS 5Y AVG
+36.45%
CURRENT VS 10Y AVG
+161.69%
CURRENT VS 15Y AVG
+139.42%
CURRENT VS 20Y AVG
+118.79%
SECTOR MEDIAN · ENERGY
6.56x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+170.69%
vs the sector median at left
Devon Energy Corporation
Market Cap
$32.11B
Interest Coverage Ratio
17.77x
TTM Avg
8.56x
3Y Avg
10.21x
5Y Avg
13.02x
Market Cap
$34.04B
Interest Coverage Ratio
7.18x
TTM Avg
4.34x
3Y Avg
7.53x
5Y Avg
7.53x
Market Cap
$34.16B
Interest Coverage Ratio
3.46x
TTM Avg
3.24x
3Y Avg
5.02x
5Y Avg
5.02x
Market Cap
$28.75B
Interest Coverage Ratio
6.42x
TTM Avg
8.63x
3Y Avg
7.45x
5Y Avg
6.64x
Market Cap
$28.75B
Interest Coverage Ratio
48.87x
TTM Avg
44.20x
3Y Avg
48.32x
5Y Avg
44.63x
Market Cap
$24.73B
Interest Coverage Ratio
N/A
TTM Avg
34.22x
3Y Avg
21.04x
5Y Avg
21.04x
Market Cap
$21.94B
Interest Coverage Ratio
8.67x
TTM Avg
8.67x
3Y Avg
20.84x
5Y Avg
22.55x
Market Cap
$42.57B
Interest Coverage Ratio
7.80x
TTM Avg
6.20x
3Y Avg
4.09x
5Y Avg
4.09x
Market Cap
$14.30B
Interest Coverage Ratio
9.89x
TTM Avg
9.16x
3Y Avg
11.06x
5Y Avg
8.52x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Devon Energy Corporation (DVN) | $32.11B | 17.77x | 8.56x | 10.21x | 13.02x |
| EQT Corporation (EQT)vs › | $34.04B | 7.18x | 4.34x | 7.53x | 7.53x |
| Venture Global, Inc. (VG)vs › | $34.16B | 3.46x | 3.24x | 5.02x | 5.02x |
| Halliburton Company (HAL)vs › | $28.75B | 6.42x | 8.63x | 7.45x | 6.64x |
| Tenaris S.A. (TS)vs › | $28.75B | 48.87x | 44.20x | 48.32x | 44.63x |
| Texas Pacific Land Corporation (TPL)vs › | $24.73B | N/A | 34.22x | 21.04x | 21.04x |
| Expand Energy Corporation (EXE)vs › | $21.94B | 8.67x | 8.67x | 20.84x | 22.55x |
| Cameco Corporation (CCJ)vs › | $42.57B | 7.80x | 6.20x | 4.09x | 4.09x |
| APA Corporation (APA)vs › | $14.30B | 9.89x | 9.16x | 11.06x | 8.52x |
| Antero Midstream Corporation (AM)vs › | $10.70B | 3.39x | 3.29x | 3.06x | 3.08x |
Interest Coverage
17.8x
Debt/Equity
0.28
Current Ratio
0.72
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 | 17.77x |
| 2026-03-31 | 2.54x |
| 2025-12-31 | 7.07x |
| 2025-09-30 | 7.86x |
| 2025-06-30 | 7.55x |
| 2025-03-31 | 7.91x |
| 2024-12-31 | 6.78x |
| 2024-09-30 | 12.26x |
| 2024-06-30 | 12.62x |
| 2024-03-31 | 9.74x |
| 2023-12-31 | 17.47x |
| 2023-09-30 | 13.04x |
| 2023-06-30 | 10.15x |
| 2023-03-31 | 13.99x |
| 2022-12-31 | 17.82x |
| 2022-09-30 | 28.92x |
| 2022-06-30 | 29.87x |
| 2022-03-31 | 14.86x |
| 2021-12-31 | 19.73x |
| 2021-09-30 | 12.22x |
| 2021-06-30 | 3.32x |
| 2021-03-31 | 1.69x |
| 2020-12-31 | 0.06x |
| 2020-09-30 | -1.44x |
| 2020-06-30 | -8.42x |
| 2020-03-31 | 8.23x |
| 2019-12-31 | -0.05x |
| 2019-09-30 | 4.37x |
| 2019-06-30 | 4.58x |
| 2019-03-31 | -6.38x |
| 2018-12-31 | 19.46x |
| 2018-09-30 | 0.68x |
| 2018-06-30 | -2.53x |
| 2018-03-31 | 0.31x |
| 2017-12-31 | -7.15x |
| 2017-09-30 | 2.57x |
| 2017-06-30 | 4.67x |
| 2017-03-31 | 5.56x |
| 2016-12-31 | 1.91x |
| 2016-09-30 | 9.10x |
| 2016-06-30 | -9.18x |
| 2016-03-31 | -21.34x |
| 2015-12-31 | -39.03x |
| 2015-09-30 | -40.03x |
| 2015-06-30 | -34.90x |
| 2015-03-31 | -46.97x |
| 2014-12-31 | 2.75x |
| 2014-09-30 | 15.29x |
| 2014-06-30 | 13.54x |
| 2014-03-31 | 6.16x |
| 2013-12-31 | 5.35x |
| 2013-09-30 | 7.26x |
| 2013-06-30 | 10.58x |
| 2013-03-31 | -16.88x |
| 2012-12-31 | 9.24x |
| 2012-09-30 | 0.63x |
| 2012-06-30 | 8.86x |
| 2012-03-31 | 8.14x |
| 2011-12-31 | 15.88x |
| 2011-09-30 | 11.81x |
| 2011-06-30 | 13.69x |
| 2011-03-31 | 10.09x |
| 2010-12-31 | 16.25x |
| 2010-09-30 | 11.00x |
| 2010-06-30 | 7.05x |
| 2010-03-31 | 19.24x |
| 2009-12-31 | -63.59x |
| 2009-09-30 | 5.23x |
| 2009-06-30 | 3.32x |
| 2009-03-31 | -72.96x |
| 2008-12-31 | -29.88x |
| 2008-09-30 | 54.13x |
| 2008-06-30 | 14.01x |
| 2008-03-31 | 19.01x |
| 2007-12-31 | 3.06x |
| 2007-09-30 | 9.64x |
| 2007-06-30 | 11.53x |
| 2007-03-31 | 17.63x |
| 2006-12-31 | 2.00x |
| 2006-09-30 | 8.88x |
| 2006-06-30 | 9.81x |
| 2006-03-31 | 11.52x |
| 2005-12-31 | 2.84x |
| 2005-09-30 | 8.58x |
| 2005-06-30 | 7.77x |
| 2005-03-31 | 8.01x |
