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 2.84x is in line with its 5-year average of 3.09x, around the middle of its 5-year range (2.42x–3.83x).
7.30% below its 12-month average of 3.06x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 3.83x.
INTEREST COVERAGE RATIO
2.84x
INTEREST COVERAGE RATIO AVG TTM
3.06x
INTEREST COVERAGE RATIO AVG 3Y
2.99x
INTEREST COVERAGE RATIO AVG 5Y
3.09x
INTEREST COVERAGE RATIO AVG 10Y
2.79x
INTEREST COVERAGE RATIO AVG 15Y
2.24x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-7.30%
CURRENT VS 3Y AVG
-4.98%
CURRENT VS 5Y AVG
-8.10%
CURRENT VS 10Y AVG
+1.73%
CURRENT VS 15Y AVG
+26.86%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-56.74%
vs the sector median at left
Energy Transfer LP
Market Cap
$70.20B
Interest Coverage Ratio
2.84x
TTM Avg
3.06x
3Y Avg
2.99x
5Y Avg
3.09x
Market Cap
$69.63B
Interest Coverage Ratio
2.67x
TTM Avg
2.51x
3Y Avg
2.55x
5Y Avg
2.63x
Market Cap
$74.31B
Interest Coverage Ratio
36.05x
TTM Avg
47.31x
3Y Avg
53.80x
5Y Avg
49.89x
Market Cap
$62.23B
Interest Coverage Ratio
1.98x
TTM Avg
2.13x
3Y Avg
2.30x
5Y Avg
2.45x
Market Cap
$79.04B
Interest Coverage Ratio
20.86x
TTM Avg
22.36x
3Y Avg
22.66x
5Y Avg
17.91x
Market Cap
$60.56B
Interest Coverage Ratio
4.04x
TTM Avg
3.94x
3Y Avg
4.16x
5Y Avg
4.09x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Energy Transfer LP (ET) | $70.20B | 2.84x | 3.06x | 2.99x | 3.09x |
| Kinder Morgan, Inc. (KMI)vs › | $69.63B | 2.67x | 2.51x | 2.55x | 2.63x |
| EOG Resources, Inc. (EOG)vs › | $74.31B | 36.05x | 47.31x | 53.80x | 49.89x |
| Eni S.p.A. (E)vs › | $77.16B | 0.55x | 4.25x | 10.14x | 9.27x |
| Slb N.V. (SLB)vs › | $77.35B | 9.80x | 11.08x | 10.39x | 8.27x |
| TC Energy Corporation (TRP)vs › | $62.23B | 1.98x | 2.13x | 2.30x | 2.45x |
| Suncor Energy Inc. (SU)vs › | $79.04B | 20.86x | 22.36x | 22.66x | 17.91x |
| Targa Resources Corp. (TRGP)vs › | $60.56B | 4.04x | 3.94x | 4.16x | 4.09x |
| MPLX Lp (MPLX)vs › | $60.03B | 4.84x | 5.29x | 5.30x | 4.33x |
| Enterprise Products Partners L.P. (EPD)vs › | $82.24B | 4.90x | 5.15x | 5.33x | 5.00x |
Interest Coverage
2.8x
Debt/Equity
1.99
Current Ratio
1.16
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 | 3.83x |
| 2026-03-31 | 3.15x |
| 2025-12-31 | 3.12x |
| 2025-09-30 | 2.42x |
| 2025-06-30 | 2.81x |
| 2025-03-31 | 3.08x |
| 2024-12-31 | 2.82x |
| 2024-09-30 | 2.63x |
| 2024-06-30 | 3.02x |
| 2024-03-31 | 3.27x |
| 2023-12-31 | 3.16x |
| 2023-09-30 | 3.53x |
| 2023-06-30 | 2.86x |
| 2023-03-31 | 3.33x |
| 2022-12-31 | 3.05x |
| 2022-09-30 | 3.42x |
| 2022-06-30 | 3.66x |
| 2022-03-31 | 3.30x |
| 2021-12-31 | 3.05x |
| 2021-09-30 | 2.58x |
| 2021-06-30 | 2.82x |
| 2021-03-31 | 6.91x |
| 2020-12-31 | 2.32x |
| 2020-09-30 | 0.43x |
| 2020-06-30 | 2.31x |
| 2020-03-31 | 0.10x |
| 2019-12-31 | 2.91x |
| 2019-09-30 | 3.21x |
| 2019-06-30 | 3.15x |
| 2019-03-31 | 3.16x |
| 2018-12-31 | 2.61x |
| 2018-09-30 | 3.18x |
| 2018-06-30 | 2.21x |
| 2018-03-31 | 2.36x |
| 2017-12-31 | 0.63x |
| 2017-09-30 | 1.90x |
| 2017-06-30 | 1.56x |
| 2017-03-31 | 1.60x |
| 2016-12-31 | -1.53x |
| 2016-09-30 | 1.34x |
| 2016-06-30 | 1.79x |
| 2016-03-31 | 1.64x |
| 2015-12-31 | 0.56x |
| 2015-09-30 | 1.47x |
| 2015-06-30 | 2.20x |
| 2015-03-31 | 1.66x |
| 2014-12-31 | 0.47x |
| 2014-09-30 | 2.31x |
| 2014-06-30 | 2.25x |
| 2014-03-31 | 2.25x |
| 2013-12-31 | -0.50x |
| 2013-09-30 | 1.78x |
| 2013-06-30 | 2.11x |
| 2013-03-31 | 1.71x |
| 2012-09-30 | 1.51x |
| 2012-06-30 | 1.35x |
| 2012-03-31 | 0.86x |
| 2011-12-31 | 1.73x |
| 2011-09-30 | 1.39x |
| 2011-06-30 | 1.44x |
| 2011-03-31 | 2.17x |
| 2010-12-31 | 1.93x |
| 2010-09-30 | 0.96x |
| 2010-06-30 | 1.39x |
| 2010-03-31 | 2.79x |
| 2009-12-31 | 2.87x |
| 2009-09-30 | 1.44x |
| 2009-06-30 | 1.80x |
| 2009-03-31 | 3.51x |
| 2008-06-30 | 2.45x |