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 3.24x is 46% above its 5-year average of 2.22x, around the middle of its 5-year range (1.61x–5.74x).
25.38% above its 12-month average of 2.58x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.61x.
INTEREST COVERAGE RATIO
3.24x
INTEREST COVERAGE RATIO AVG TTM
2.58x
INTEREST COVERAGE RATIO AVG 3Y
2.36x
INTEREST COVERAGE RATIO AVG 5Y
2.22x
INTEREST COVERAGE RATIO AVG 10Y
2.15x
INTEREST COVERAGE RATIO AVG 15Y
1.94x
INTEREST COVERAGE RATIO AVG 20Y
1.73x
CURRENT VS TTM AVG
+25.38%
CURRENT VS 3Y AVG
+37.22%
CURRENT VS 5Y AVG
+46.21%
CURRENT VS 10Y AVG
+50.51%
CURRENT VS 15Y AVG
+67.06%
CURRENT VS 20Y AVG
+87.16%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 38 covered companies
CURRENT VS SECTOR MEDIAN
+23.19%
vs the sector median at left
Essex Property Trust, Inc.
Market Cap
$17.54B
Interest Coverage Ratio
3.24x
TTM Avg
2.58x
3Y Avg
2.36x
5Y Avg
2.22x
Market Cap
$16.36B
Interest Coverage Ratio
2.10x
TTM Avg
2.06x
3Y Avg
2.09x
5Y Avg
1.90x
Market Cap
$15.91B
Interest Coverage Ratio
1.70x
TTM Avg
2.13x
3Y Avg
4.97x
5Y Avg
5.90x
Market Cap
$15.64B
Interest Coverage Ratio
1.85x
TTM Avg
1.95x
3Y Avg
2.23x
5Y Avg
2.13x
Market Cap
$19.67B
Interest Coverage Ratio
2.93x
TTM Avg
2.93x
3Y Avg
2.93x
5Y Avg
2.93x
Market Cap
$15.23B
Interest Coverage Ratio
3.54x
TTM Avg
3.81x
3Y Avg
4.25x
5Y Avg
4.25x
Market Cap
$14.52B
Interest Coverage Ratio
3.34x
TTM Avg
3.62x
3Y Avg
3.98x
5Y Avg
3.57x
Market Cap
$14.11B
Interest Coverage Ratio
2.15x
TTM Avg
1.82x
3Y Avg
1.93x
5Y Avg
2.57x
Market Cap
$14.00B
Interest Coverage Ratio
1.78x
TTM Avg
1.73x
3Y Avg
1.92x
5Y Avg
1.80x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Essex Property Trust, Inc. (ESS) | $17.54B | 3.24x | 2.58x | 2.36x | 2.22x |
| Invitation Homes Inc. (INVH)vs › | $16.36B | 2.10x | 2.06x | 2.09x | 1.90x |
| Weyerhaeuser Company (WY)vs › | $15.91B | 1.70x | 2.13x | 4.97x | 5.90x |
| Kimco Realty Corporation (KIM)vs › | $15.64B | 1.85x | 1.95x | 2.23x | 2.13x |
| SBA Communications Corporation (SBAC)vs › | $19.67B | 2.93x | 2.93x | 2.93x | 2.93x |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.23B | 3.54x | 3.81x | 4.25x | 4.25x |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $14.52B | 3.34x | 3.62x | 3.98x | 3.57x |
| Sun Communities, Inc. (SUI)vs › | $14.11B | 2.15x | 1.82x | 1.93x | 2.57x |
| Healthpeak Properties, Inc. (DOC)vs › | $14.00B | 1.78x | 1.73x | 1.92x | 1.80x |
| Regency Centers Corporation (REG)vs › | $13.63B | 2.72x | 3.92x | 4.81x | 4.84x |
Interest Coverage
3.2x
Debt/Equity
1.27
Current Ratio
0.36
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 | 1.61x |
| 2026-03-31 | 2.42x |
| 2025-12-31 | 2.25x |
| 2025-09-30 | 2.35x |
| 2025-06-30 | 4.29x |
| 2025-03-31 | 4.10x |
| 2024-12-31 | 4.97x |
| 2024-09-30 | 2.17x |
| 2024-06-30 | 2.32x |
| 2024-03-31 | 2.37x |
| 2023-12-31 | 2.37x |
| 2023-09-30 | 2.43x |
| 2023-06-30 | 2.56x |
| 2023-03-31 | 3.67x |
| 2022-12-31 | 5.74x |
| 2022-09-30 | 2.20x |
| 2022-06-30 | 1.90x |
| 2022-03-31 | 1.90x |
| 2021-12-31 | 2.01x |
| 2021-09-30 | 2.76x |
| 2021-06-30 | 1.83x |
| 2021-03-31 | 3.82x |
| 2020-12-31 | 2.01x |
| 2020-09-30 | 2.33x |
| 2020-06-30 | 2.20x |
| 2020-03-31 | 2.17x |
| 2019-12-31 | 2.14x |
| 2019-09-30 | 2.26x |
| 2019-06-30 | 2.30x |
| 2019-03-31 | 2.16x |
| 2018-12-31 | 2.02x |
| 2018-09-30 | 2.06x |
| 2018-06-30 | 2.46x |
| 2018-03-31 | 2.02x |
| 2017-12-31 | 2.02x |
| 2017-09-30 | 2.01x |
| 2017-06-30 | 1.98x |
| 2017-03-31 | 2.00x |
| 2016-12-31 | 1.92x |
| 2016-09-30 | 1.93x |
| 2016-06-30 | 1.91x |
| 2016-03-31 | 1.91x |
| 2015-12-31 | 1.63x |
| 2015-09-30 | 1.65x |
| 2015-06-30 | 1.59x |
| 2015-03-31 | 1.58x |
| 2014-12-31 | 1.36x |
| 2014-09-30 | 1.42x |
| 2014-06-30 | 0.91x |
| 2014-03-31 | 1.19x |
| 2013-12-31 | 1.64x |
| 2013-09-30 | 1.68x |
| 2013-06-30 | 1.64x |
| 2013-03-31 | 1.85x |
| 2012-12-31 | 1.74x |
| 2012-09-30 | 1.70x |
| 2012-06-30 | 1.66x |
| 2012-03-31 | 1.62x |
| 2011-12-31 | 1.53x |
| 2011-09-30 | 1.55x |
| 2011-06-30 | 1.45x |
| 2011-03-31 | 1.43x |
| 2010-12-31 | 1.09x |
| 2010-09-30 | 1.30x |
| 2010-06-30 | 1.39x |
| 2010-03-31 | 1.48x |
| 2009-12-31 | 0.24x |
| 2009-09-30 | 0.84x |
| 2009-06-30 | 1.63x |
| 2009-03-31 | 0.54x |
| 2008-12-31 | 0.66x |
| 2008-09-30 | 0.66x |
| 2008-06-30 | 0.66x |
| 2008-03-31 | 0.65x |
| 2007-09-30 | 0.74x |
| 2007-06-30 | 0.63x |
| 2007-03-31 | 0.82x |
