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 -2.01x is 201% below its 5-year average of 1.99x, near the low end of its 5-year range (-2.01x–3.04x).
As of the fiscal period ended Tuesday, June 30, 2026. 224.20% below its 12-month average of 1.62x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-2.01x
INTEREST COVERAGE RATIO AVG TTM
1.62x
INTEREST COVERAGE RATIO AVG 3Y
2.43x
INTEREST COVERAGE RATIO AVG 5Y
2.19x
INTEREST COVERAGE RATIO AVG 10Y
2.33x
INTEREST COVERAGE RATIO AVG 15Y
2.37x
INTEREST COVERAGE RATIO AVG 20Y
2.29x
CURRENT VS TTM AVG
-224.20%
CURRENT VS 3Y AVG
-182.79%
CURRENT VS 5Y AVG
-191.72%
CURRENT VS 10Y AVG
-186.40%
CURRENT VS 15Y AVG
-184.94%
CURRENT VS 20Y AVG
-187.84%
SECTOR MEDIAN · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-184.23%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$28.98B
Interest Coverage Ratio
-2.01x
TTM Avg
1.62x
3Y Avg
2.43x
5Y Avg
2.19x
Market Cap
$28.86B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
Market Cap
$28.30B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
Market Cap
$30.22B
Interest Coverage Ratio
9.09x
TTM Avg
8.10x
3Y Avg
8.23x
5Y Avg
8.92x
Market Cap
$30.43B
Interest Coverage Ratio
2.25x
TTM Avg
2.23x
3Y Avg
2.47x
5Y Avg
2.47x
Market Cap
$27.49B
Interest Coverage Ratio
2.63x
TTM Avg
2.50x
3Y Avg
2.53x
5Y Avg
2.36x
Market Cap
$30.68B
Interest Coverage Ratio
4.61x
TTM Avg
3.09x
3Y Avg
2.27x
5Y Avg
2.01x
Market Cap
$27.17B
Interest Coverage Ratio
3.06x
TTM Avg
3.17x
3Y Avg
3.14x
5Y Avg
3.11x
Market Cap
$31.04B
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 |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $28.98B | -2.01x | 1.62x | 2.43x | 2.19x |
| CenterPoint Energy, Inc. (CNP)vs › | $28.86B | 2.34x | 2.35x | 2.55x | 2.46x |
| Eversource Energy (ES)vs › | $28.30B | 2.40x | 2.42x | 2.72x | 3.00x |
| Atmos Energy Corporation (ATO)vs › | $30.22B | 9.09x | 8.10x | 8.23x | 8.92x |
| DTE Energy Company (DTE)vs › | $30.43B | 2.25x | 2.23x | 2.47x | 2.47x |
| PPL Corporation (PPL)vs › | $27.49B | 2.63x | 2.50x | 2.53x | 2.36x |
| Edison International (EIX)vs › | $30.68B | 4.61x | 3.09x | 2.27x | 2.01x |
| American Water Works Company, Inc. (AWK)vs › | $27.17B | 3.06x | 3.17x | 3.14x | 3.11x |
| Ameren Corporation (AEE)vs › | $31.04B | 2.61x | 2.45x | 2.69x | 2.89x |
| NRG Energy, Inc. (NRG)vs › | $26.57B | 2.40x | 3.06x | 2.89x | 3.53x |
Interest Coverage
-2.0x
Debt/Equity
2.16
Current Ratio
0.57
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 | -2.01x |
| 2026-03-31 | 3.04x |
| 2025-12-31 | 1.88x |
| 2025-09-30 | 2.66x |
| 2025-06-30 | 2.51x |
| 2025-03-31 | 3.02x |
| 2024-12-31 | 2.56x |
| 2024-09-30 | 3.02x |
| 2024-06-30 | 1.65x |
| 2024-03-31 | 2.23x |
| 2023-12-31 | 2.12x |
| 2023-09-30 | 2.53x |
| 2023-06-30 | 1.89x |
| 2023-03-31 | 2.28x |
| 2022-12-31 | 1.77x |
| 2022-09-30 | 2.24x |
| 2022-06-30 | 1.80x |
| 2022-03-31 | 2.18x |
| 2021-12-31 | 0.85x |
| 2021-09-30 | 2.40x |
| 2021-06-30 | 1.17x |
| 2021-03-31 | 2.06x |
| 2020-12-31 | 1.56x |
| 2020-09-30 | 2.94x |
| 2020-06-30 | 2.10x |
| 2020-03-31 | 2.17x |
| 2019-12-31 | 2.54x |
| 2019-09-30 | 2.81x |
| 2019-06-30 | 2.41x |
| 2019-03-31 | 2.68x |
| 2018-12-31 | 2.13x |
| 2018-09-30 | 2.97x |
| 2018-06-30 | 2.06x |
| 2018-03-31 | 2.36x |
| 2017-12-31 | -6.63x |
| 2017-09-30 | 2.94x |
| 2017-06-30 | 2.45x |
| 2017-03-31 | 2.70x |
| 2016-12-31 | -33.05x |
| 2016-09-30 | 3.34x |
| 2016-06-30 | -3.71x |
| 2016-03-31 | 2.95x |
| 2015-12-31 | 0.90x |
| 2015-09-30 | 3.51x |
| 2015-06-30 | 2.22x |
| 2015-03-31 | 2.42x |
| 2014-12-31 | -1.39x |
| 2014-09-30 | 2.90x |
| 2014-06-30 | 1.27x |
| 2014-03-31 | 1.61x |
| 2013-12-31 | 1.81x |
| 2013-09-30 | 2.12x |
| 2013-06-30 | 0.18x |
| 2013-03-31 | 2.69x |
| 2012-09-30 | 3.92x |
| 2012-06-30 | 2.03x |
| 2012-03-31 | 3.03x |
| 2011-12-31 | -0.51x |
| 2011-09-30 | 3.96x |
| 2011-06-30 | 1.97x |
| 2011-03-31 | 1.64x |
| 2010-12-31 | 1.32x |
| 2010-09-30 | 2.00x |
| 2010-06-30 | 3.15x |
| 2010-03-31 | 2.42x |
| 2009-12-31 | 1.29x |
| 2009-09-30 | 1.52x |
| 2009-06-30 | 4.64x |
| 2009-03-31 | 2.08x |
| 2008-09-30 | 4.78x |
| 2008-06-30 | 3.33x |
| 2008-03-31 | 3.45x |
| 2006-12-31 | 0.93x |
| 2005-09-30 | 0.00x |
| 2005-06-30 | 0.00x |
| 2005-03-31 | 0.00x |
| 2004-09-30 | 0.00x |
