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 2.49x is 11% above its 5-year average of 2.25x, near the high end of its 5-year range (0.85x–3.04x).
2.85% above its 12-month average of 2.42x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 2.01x.
INTEREST COVERAGE RATIO
2.49x
INTEREST COVERAGE RATIO AVG TTM
2.42x
INTEREST COVERAGE RATIO AVG 3Y
2.39x
INTEREST COVERAGE RATIO AVG 5Y
2.25x
INTEREST COVERAGE RATIO AVG 10Y
2.32x
INTEREST COVERAGE RATIO AVG 15Y
2.36x
INTEREST COVERAGE RATIO AVG 20Y
2.32x
CURRENT VS TTM AVG
+2.85%
CURRENT VS 3Y AVG
+4.00%
CURRENT VS 5Y AVG
+10.74%
CURRENT VS 10Y AVG
+7.47%
CURRENT VS 15Y AVG
+5.58%
CURRENT VS 20Y AVG
+7.55%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+4.18%
vs the sector median at left
FirstEnergy Corp.
Market Cap
$26.69B
Interest Coverage Ratio
2.49x
TTM Avg
2.42x
3Y Avg
2.39x
5Y Avg
2.25x
Market Cap
$27.24B
Interest Coverage Ratio
9.09x
TTM Avg
8.10x
3Y Avg
8.23x
5Y Avg
8.92x
Market Cap
$27.36B
Interest Coverage Ratio
3.06x
TTM Avg
3.17x
3Y Avg
3.14x
5Y Avg
3.11x
Market Cap
$27.59B
Interest Coverage Ratio
2.25x
TTM Avg
2.23x
3Y Avg
2.47x
5Y Avg
2.47x
Market Cap
$25.77B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
Market Cap
$25.76B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
Market Cap
$25.65B
Interest Coverage Ratio
2.63x
TTM Avg
2.50x
3Y Avg
2.53x
5Y Avg
2.36x
Market Cap
$29.03B
Interest Coverage Ratio
2.61x
TTM Avg
2.45x
3Y Avg
2.69x
5Y Avg
2.89x
Market Cap
$23.94B
Interest Coverage Ratio
2.40x
TTM Avg
3.06x
3Y Avg
2.89x
5Y Avg
3.53x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| FirstEnergy Corp. (FE) | $26.69B | 2.49x | 2.42x | 2.39x | 2.25x |
| Atmos Energy Corporation (ATO)vs › | $27.24B | 9.09x | 8.10x | 8.23x | 8.92x |
| American Water Works Company, Inc. (AWK)vs › | $27.36B | 3.06x | 3.17x | 3.14x | 3.11x |
| DTE Energy Company (DTE)vs › | $27.59B | 2.25x | 2.23x | 2.47x | 2.47x |
| Eversource Energy (ES)vs › | $25.77B | 2.40x | 2.42x | 2.72x | 3.00x |
| CenterPoint Energy, Inc. (CNP)vs › | $25.76B | 2.34x | 2.35x | 2.55x | 2.46x |
| PPL Corporation (PPL)vs › | $25.65B | 2.63x | 2.50x | 2.53x | 2.36x |
| Ameren Corporation (AEE)vs › | $29.03B | 2.61x | 2.45x | 2.69x | 2.89x |
| NRG Energy, Inc. (NRG)vs › | $23.94B | 2.40x | 3.06x | 2.89x | 3.53x |
| Edison International (EIX)vs › | $21.55B | 4.61x | 3.09x | 2.27x | 2.01x |
Interest Coverage
2.5x
Debt/Equity
2.24
Current Ratio
0.54
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 |
