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 4.84x is in line with its 5-year average of 5.11x, around the middle of its 5-year range (3.30x–7.09x).
3.17% below its 12-month average of 5.00x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 4.77x.
INTEREST COVERAGE RATIO
4.84x
INTEREST COVERAGE RATIO AVG TTM
5.00x
INTEREST COVERAGE RATIO AVG 3Y
5.51x
INTEREST COVERAGE RATIO AVG 5Y
5.11x
INTEREST COVERAGE RATIO AVG 10Y
4.48x
INTEREST COVERAGE RATIO AVG 15Y
4.47x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.17%
CURRENT VS 3Y AVG
-12.12%
CURRENT VS 5Y AVG
-5.30%
CURRENT VS 10Y AVG
+8.09%
CURRENT VS 15Y AVG
+8.37%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
3.06x
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
+58.17%
vs the sector median at left
Market Cap
$58.02B
Interest Coverage Ratio
4.14x
TTM Avg
4.61x
3Y Avg
7.25x
5Y Avg
6.38x
Market Cap
$57.68B
Interest Coverage Ratio
5.59x
TTM Avg
5.20x
3Y Avg
6.25x
5Y Avg
5.06x
Market Cap
$56.71B
Interest Coverage Ratio
16.02x
TTM Avg
16.55x
3Y Avg
13.20x
5Y Avg
9.96x
Market Cap
$56.23B
Interest Coverage Ratio
3.91x
TTM Avg
3.82x
3Y Avg
4.29x
5Y Avg
4.06x
Market Cap
$61.33B
Interest Coverage Ratio
4.04x
TTM Avg
3.94x
3Y Avg
4.16x
5Y Avg
4.09x
Market Cap
$62.70B
Interest Coverage Ratio
1.98x
TTM Avg
2.13x
3Y Avg
2.30x
5Y Avg
2.45x
Market Cap
$52.82B
Interest Coverage Ratio
7.55x
TTM Avg
8.99x
3Y Avg
13.60x
5Y Avg
12.68x
Market Cap
$52.04B
Interest Coverage Ratio
20.16x
TTM Avg
17.63x
3Y Avg
25.51x
5Y Avg
24.41x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MPLX Lp (MPLX) | $58.62B | 4.84x | 5.00x | 5.51x | 5.11x |
| Occidental Petroleum Corporation (OXY)vs › | $58.02B | 4.14x | 4.61x | 7.25x | 6.38x |
| Cheniere Energy, Inc. (LNG)vs › | $57.68B | 5.59x | 5.20x | 6.25x | 5.06x |
| Baker Hughes Company (BKR)vs › | $56.71B | 16.02x | 16.55x | 13.20x | 9.96x |
| ONEOK, Inc. (OKE)vs › | $56.23B | 3.91x | 3.82x | 4.29x | 4.06x |
| Targa Resources Corp. (TRGP)vs › | $61.33B | 4.04x | 3.94x | 4.16x | 4.09x |
| TC Energy Corporation (TRP)vs › | $62.70B | 1.98x | 2.13x | 2.30x | 2.45x |
| Devon Energy Corporation (DVN)vs › | $52.82B | 7.55x | 8.99x | 13.60x | 12.68x |
| Diamondback Energy, Inc. (FANG)vs › | $52.04B | 20.16x | 17.63x | 25.51x | 24.41x |
| Energy Transfer LP (ET)vs › | $71.30B | 2.84x | 2.88x | 3.08x | 2.92x |
Interest Coverage
4.8x
Debt/Equity
1.85
Current Ratio
0.89
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 | 4.77x |
| 2026-03-31 | 3.30x |
| 2025-12-31 | 4.79x |
| 2025-09-30 | 6.95x |
| 2025-06-30 | 5.17x |
| 2025-03-31 | 5.81x |
| 2024-12-31 | 5.57x |
| 2024-09-30 | 5.18x |
| 2024-06-30 | 6.14x |
| 2024-03-31 | 5.32x |
| 2023-12-31 | 6.19x |
| 2023-09-30 | 5.13x |
| 2023-06-30 | 5.04x |
| 2023-03-31 | 4.92x |
| 2022-12-31 | 4.53x |
| 2022-09-30 | 7.09x |
| 2022-06-30 | 4.79x |
| 2022-03-31 | 4.77x |
| 2021-12-31 | 4.84x |
| 2021-09-30 | 4.69x |
| 2021-06-30 | 4.31x |
| 2021-03-31 | 4.33x |
| 2020-12-31 | 4.20x |
| 2020-09-30 | 4.01x |
| 2020-06-30 | 3.94x |
| 2020-03-31 | -10.81x |
| 2019-12-31 | -1.51x |
| 2019-09-30 | 3.97x |
| 2019-06-30 | 4.10x |
| 2019-03-31 | 4.24x |
| 2018-12-31 | 2.93x |
| 2018-09-30 | 4.39x |
| 2018-06-30 | 4.03x |
| 2018-03-31 | 4.28x |
| 2017-12-31 | 3.49x |
| 2017-09-30 | 3.34x |
| 2017-06-30 | 3.78x |
| 2017-03-31 | 4.02x |
| 2016-12-31 | 3.79x |
| 2016-09-30 | 5.06x |
| 2016-06-30 | 2.46x |
| 2016-03-31 | 0.89x |
| 2015-12-31 | 2.50x |
| 2015-09-30 | 14.47x |
| 2015-06-30 | 14.14x |
| 2015-03-31 | 14.80x |
| 2014-12-31 | 24.06x |
| 2014-09-30 | 44.20x |
| 2014-06-30 | 44.30x |
| 2014-03-31 | 140.75x |
| 2013-12-31 | 91.25x |
| 2013-09-30 | 199.00x |
| 2013-06-30 | 117.33x |
| 2013-03-31 | 355.00x |
| 2012-12-31 | 212.50x |
| 2011-06-30 | 317.00x |
| 2011-03-31 | 366.00x |
