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 2.15x is 78% below its 5-year average of 9.84x, near the low end of its 5-year range (-12.96x–41.33x).
100.67% above its 12-month average of 1.07x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.15x
INTEREST COVERAGE RATIO AVG TTM
1.07x
INTEREST COVERAGE RATIO AVG 3Y
11.71x
INTEREST COVERAGE RATIO AVG 5Y
9.84x
INTEREST COVERAGE RATIO AVG 10Y
0.22x
INTEREST COVERAGE RATIO AVG 15Y
13.95x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+100.67%
CURRENT VS 3Y AVG
-81.64%
CURRENT VS 5Y AVG
-78.15%
CURRENT VS 10Y AVG
+878.93%
CURRENT VS 15Y AVG
-84.59%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.71x
median of 47 covered companies
CURRENT VS SECTOR MEDIAN
-67.96%
vs the sector median at left
Helmerich & Payne, Inc.
Market Cap
$4.37B
Interest Coverage Ratio
2.15x
TTM Avg
1.07x
3Y Avg
11.71x
5Y Avg
9.84x
Market Cap
$4.93B
Interest Coverage Ratio
8.04x
TTM Avg
7.76x
3Y Avg
14.26x
5Y Avg
12.29x
Market Cap
$5.04B
Interest Coverage Ratio
8.24x
TTM Avg
7.37x
3Y Avg
5.65x
5Y Avg
4.72x
Market Cap
$5.13B
Interest Coverage Ratio
36.42x
TTM Avg
22.55x
3Y Avg
35.76x
5Y Avg
26.11x
Market Cap
$3.52B
Interest Coverage Ratio
3.59x
TTM Avg
10.69x
3Y Avg
45.27x
5Y Avg
229.01x
Market Cap
$2.22B
Interest Coverage Ratio
-3.52x
TTM Avg
9.00x
3Y Avg
12.72x
5Y Avg
23.08x
Market Cap
$6.72B
Interest Coverage Ratio
5.52x
TTM Avg
5.73x
3Y Avg
4.48x
5Y Avg
3.68x
Market Cap
$1.50B
Interest Coverage Ratio
17.46x
TTM Avg
15.14x
3Y Avg
15.12x
5Y Avg
12.86x
Market Cap
$1.42B
Interest Coverage Ratio
N/A
TTM Avg
595.74x
3Y Avg
595.74x
5Y Avg
595.74x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Helmerich & Payne, Inc. (HP) | $4.37B | 2.15x | 1.07x | 11.71x | 9.84x |
| California Resources Corp (CRC)vs › | $4.93B | 8.04x | 7.76x | 14.26x | 12.29x |
| Oceaneering International, Inc. (OII)vs › | $5.04B | 8.24x | 7.37x | 5.65x | 4.72x |
| Enphase Energy, Inc. (ENPH)vs › | $5.13B | 36.42x | 22.55x | 35.76x | 26.11x |
| Centrus Energy Corp. (LEU)vs › | $3.52B | 3.59x | 10.69x | 45.27x | 229.01x |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.22B | -3.52x | 9.00x | 12.72x | 23.08x |
| Weatherford International plc (WFRD)vs › | $6.72B | 5.52x | 5.73x | 4.48x | 3.68x |
| Natural Resource Partners L.P. (NRP)vs › | $1.50B | 17.46x | 15.14x | 15.12x | 12.86x |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.42B | N/A | 595.74x | 595.74x | 595.74x |
| Array Technologies, Inc. (ARRY)vs › | $722.98M | 2.70x | 2.70x | 3.77x | 4.61x |
Interest Coverage
2.1x
Debt/Equity
0.72
Current Ratio
1.96
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 | 7.70x |
| 2026-03-31 | -0.48x |
| 2025-12-31 | 1.72x |
| 2025-09-30 | 0.81x |
| 2025-06-30 | -4.39x |
| 2025-03-31 | 1.49x |
| 2024-12-31 | 4.04x |
| 2024-09-30 | 6.61x |
| 2024-06-30 | 24.54x |
| 2024-03-31 | 26.09x |
| 2023-12-31 | 28.24x |
| 2023-09-30 | 21.47x |
| 2023-06-30 | 34.40x |
| 2023-03-31 | 41.33x |
| 2022-12-31 | 31.78x |
| 2022-09-30 | 15.64x |
| 2022-06-30 | 5.03x |
| 2022-03-31 | -7.32x |
| 2021-12-31 | -6.99x |
| 2021-09-30 | -12.16x |
| 2021-06-30 | -12.96x |
| 2021-03-31 | -15.44x |
| 2020-12-31 | -17.47x |
| 2020-09-30 | -16.71x |
| 2020-06-30 | -6.97x |
| 2020-03-31 | 6.28x |
| 2019-12-31 | 4.69x |
| 2019-09-30 | 4.85x |
| 2019-06-30 | -26.83x |
| 2019-03-31 | 15.43x |
| 2018-12-31 | 11.50x |
| 2018-09-30 | 3.57x |
| 2018-06-30 | 1.04x |
| 2018-03-31 | -0.21x |
| 2017-12-31 | 0.61x |
| 2017-09-30 | -13.23x |
| 2017-06-30 | -4.40x |
| 2017-03-31 | -10.79x |
| 2016-12-31 | -9.73x |
| 2016-09-30 | -14.85x |
| 2016-06-30 | -2.07x |
| 2016-03-31 | 7.28x |
| 2015-12-31 | 8.55x |
| 2015-09-30 | -2.79x |
| 2015-06-30 | 21.22x |
| 2015-03-31 | 91.94x |
| 2014-12-31 | 591.48x |
| 2014-09-30 | 878.34x |
| 2014-06-30 | 189.49x |
| 2014-03-31 | 148.02x |
| 2013-12-31 | 221.13x |
| 2013-09-30 | 157.53x |
| 2013-06-30 | 114.76x |
| 2013-03-31 | 196.39x |
| 2012-12-31 | 183.90x |
| 2012-09-30 | 172.44x |
| 2012-06-30 | 94.86x |
| 2012-03-31 | 82.28x |
| 2011-12-31 | 91.77x |
| 2011-09-30 | 46.31x |
| 2011-06-30 | 53.43x |
| 2011-03-31 | 29.80x |
| 2010-12-31 | 38.36x |
| 2010-09-30 | 29.84x |
| 2010-06-30 | 28.14x |
| 2010-03-31 | 18.91x |
| 2009-12-31 | 21.81x |
| 2009-09-30 | 19.30x |
| 2009-06-30 | 32.92x |
| 2009-03-31 | 71.78x |
| 2008-12-31 | 60.11x |
