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 2.38x is in line with its 5-year average of 2.36x, around the middle of its 5-year range (0.81x–3.82x).
30.58% above its 12-month average of 1.82x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.76x.
INTEREST COVERAGE RATIO
2.38x
INTEREST COVERAGE RATIO AVG TTM
1.82x
INTEREST COVERAGE RATIO AVG 3Y
2.12x
INTEREST COVERAGE RATIO AVG 5Y
2.36x
INTEREST COVERAGE RATIO AVG 10Y
2.82x
INTEREST COVERAGE RATIO AVG 15Y
3.11x
INTEREST COVERAGE RATIO AVG 20Y
3.15x
CURRENT VS TTM AVG
+30.58%
CURRENT VS 3Y AVG
+12.26%
CURRENT VS 5Y AVG
+0.75%
CURRENT VS 10Y AVG
-15.70%
CURRENT VS 15Y AVG
-23.51%
CURRENT VS 20Y AVG
-24.38%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
-0.42%
vs the sector median at left
Consolidated Edison, Inc.
Market Cap
$38.78B
Interest Coverage Ratio
2.38x
TTM Avg
1.82x
3Y Avg
2.12x
5Y Avg
2.36x
Market Cap
$35.24B
Interest Coverage Ratio
1.61x
TTM Avg
1.54x
3Y Avg
1.47x
5Y Avg
1.47x
Market Cap
$35.09B
Interest Coverage Ratio
3.10x
TTM Avg
2.95x
3Y Avg
3.43x
5Y Avg
3.63x
Market Cap
$43.47B
Interest Coverage Ratio
2.42x
TTM Avg
2.34x
3Y Avg
2.33x
5Y Avg
2.19x
Market Cap
$33.72B
Interest Coverage Ratio
2.65x
TTM Avg
2.65x
3Y Avg
2.91x
5Y Avg
3.13x
Market Cap
$45.28B
Interest Coverage Ratio
2.14x
TTM Avg
2.08x
3Y Avg
2.31x
5Y Avg
2.43x
Market Cap
$48.03B
Interest Coverage Ratio
2.28x
TTM Avg
2.29x
3Y Avg
2.31x
5Y Avg
2.29x
Market Cap
$28.51B
Interest Coverage Ratio
2.61x
TTM Avg
2.45x
3Y Avg
2.69x
5Y Avg
2.89x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Consolidated Edison, Inc. (ED) | $38.78B | 2.38x | 1.82x | 2.12x | 2.36x |
| PG&E Corporation (PCG)vs › | $35.24B | 1.61x | 1.54x | 1.47x | 1.47x |
| Public Service Enterprise Group Incorporated (PEG)vs › | $35.09B | 3.10x | 2.95x | 3.43x | 3.63x |
| Exelon Corporation (EXC)vs › | $43.47B | 2.42x | 2.34x | 2.33x | 2.19x |
| WEC Energy Group, Inc. (WEC)vs › | $33.72B | 2.65x | 2.65x | 2.91x | 3.13x |
| Xcel Energy Inc. (XEL)vs › | $45.28B | 2.14x | 2.08x | 2.31x | 2.43x |
| Vistra Corp. (VST)vs › | $47.72B | 1.13x | 3.41x | 3.78x | 4.03x |
| Entergy Corporation (ETR)vs › | $48.03B | 2.28x | 2.29x | 2.31x | 2.29x |
| Ameren Corporation (AEE)vs › | $28.51B | 2.61x | 2.45x | 2.69x | 2.89x |
| American Water Works Company, Inc. (AWK)vs › | $27.43B | 3.06x | 3.17x | 3.14x | 3.11x |
Interest Coverage
2.4x
Debt/Equity
1.10
Current Ratio
1.27
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 | 1.76x |
| 2026-03-31 | 3.82x |
| 2025-12-31 | 1.54x |
| 2025-09-30 | 0.81x |
| 2025-06-30 | 1.18x |
| 2025-03-31 | 3.59x |
| 2024-12-31 | 1.67x |
| 2024-09-30 | 2.82x |
| 2024-06-30 | 1.11x |
| 2024-03-31 | 3.61x |
| 2023-12-31 | 1.70x |
| 2023-09-30 | 2.80x |
| 2023-06-30 | 1.15x |
| 2023-03-31 | 3.31x |
| 2022-12-31 | 1.96x |
| 2022-09-30 | 3.60x |
| 2022-06-30 | 1.65x |
| 2022-03-31 | 3.44x |
| 2021-12-31 | 2.97x |
| 2021-09-30 | 3.52x |
| 2021-06-30 | 1.60x |
| 2021-03-31 | 3.86x |
| 2020-12-31 | 2.25x |
| 2020-09-30 | 3.70x |
| 2020-06-30 | 1.96x |
| 2020-03-31 | 3.44x |
| 2019-12-31 | 2.32x |
| 2019-09-30 | 3.65x |
| 2019-06-30 | 1.89x |
| 2019-03-31 | 3.16x |
| 2018-12-31 | 2.33x |
| 2018-09-30 | 4.06x |
| 2018-06-30 | 2.18x |
| 2018-03-31 | 3.85x |
| 2017-12-31 | 2.32x |
| 2017-09-30 | 5.17x |
| 2017-06-30 | 2.90x |
| 2017-03-31 | 4.53x |
| 2016-12-31 | 4.53x |
| 2016-09-30 | 2.92x |
| 2016-06-30 | 5.13x |
| 2016-03-31 | 3.80x |
| 2015-12-31 | 2.39x |
| 2015-09-30 | 5.12x |
| 2015-06-30 | 2.91x |
| 2015-03-31 | 4.51x |
| 2014-12-31 | 1.60x |
| 2014-09-30 | 5.46x |
| 2014-06-30 | 3.03x |
| 2014-03-31 | 5.04x |
| 2013-12-31 | 3.31x |
| 2013-09-30 | 5.86x |
| 2013-06-30 | 2.56x |
| 2013-03-31 | 1.89x |
| 2012-12-31 | 3.08x |
| 2012-09-30 | 5.60x |
| 2012-06-30 | 3.10x |
| 2012-03-31 | 3.74x |
| 2011-12-31 | 3.23x |
| 2011-09-30 | 5.21x |
| 2011-06-30 | 2.60x |
| 2011-03-31 | 4.06x |
| 2010-12-31 | 3.22x |
| 2010-09-30 | 4.43x |
| 2010-06-30 | 2.82x |
| 2010-03-31 | 3.30x |
| 2009-12-31 | 5.13x |
| 2009-09-30 | 3.12x |
| 2009-06-30 | 1.87x |
| 2009-03-31 | 2.18x |
| 2008-09-30 | 2.89x |
| 2008-06-30 | 2.64x |
| 2008-03-31 | 4.26x |