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 2.77x is 12% above its 5-year average of 2.48x, near the low end of its 5-year range (1.15x–7.17x).
21.32% above its 12-month average of 2.28x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.15x.
INTEREST COVERAGE RATIO
2.77x
INTEREST COVERAGE RATIO AVG TTM
2.28x
INTEREST COVERAGE RATIO AVG 3Y
2.40x
INTEREST COVERAGE RATIO AVG 5Y
2.48x
INTEREST COVERAGE RATIO AVG 10Y
2.40x
INTEREST COVERAGE RATIO AVG 15Y
2.43x
INTEREST COVERAGE RATIO AVG 20Y
2.41x
CURRENT VS TTM AVG
+21.32%
CURRENT VS 3Y AVG
+15.29%
CURRENT VS 5Y AVG
+11.88%
CURRENT VS 10Y AVG
+15.44%
CURRENT VS 15Y AVG
+14.19%
CURRENT VS 20Y AVG
+14.92%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+15.90%
vs the sector median at left
NiSource Inc
Market Cap
$19.41B
Interest Coverage Ratio
2.77x
TTM Avg
2.28x
3Y Avg
2.40x
5Y Avg
2.48x
Market Cap
$18.49B
Interest Coverage Ratio
2.42x
TTM Avg
2.50x
3Y Avg
2.65x
5Y Avg
2.88x
Market Cap
$20.64B
Interest Coverage Ratio
2.19x
TTM Avg
2.15x
3Y Avg
2.14x
5Y Avg
2.22x
Market Cap
$21.02B
Interest Coverage Ratio
4.61x
TTM Avg
3.09x
3Y Avg
2.27x
5Y Avg
2.01x
Market Cap
$17.04B
Interest Coverage Ratio
2.00x
TTM Avg
1.98x
3Y Avg
2.30x
5Y Avg
2.43x
Market Cap
$22.63B
Interest Coverage Ratio
2.40x
TTM Avg
3.06x
3Y Avg
2.89x
5Y Avg
3.53x
Market Cap
$24.99B
Interest Coverage Ratio
2.63x
TTM Avg
2.50x
3Y Avg
2.53x
5Y Avg
2.36x
Market Cap
$25.08B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
Market Cap
$25.39B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc (NI) | $19.41B | 2.77x | 2.28x | 2.40x | 2.48x |
| Evergy, Inc. (EVRG)vs › | $18.49B | 2.42x | 2.50x | 2.65x | 2.88x |
| CMS Energy Corporation (CMS)vs › | $20.64B | 2.19x | 2.15x | 2.14x | 2.22x |
| Edison International (EIX)vs › | $21.02B | 4.61x | 3.09x | 2.27x | 2.01x |
| Alliant Energy Corporation (LNT)vs › | $17.04B | 2.00x | 1.98x | 2.30x | 2.43x |
| NRG Energy, Inc. (NRG)vs › | $22.63B | 2.40x | 3.06x | 2.89x | 3.53x |
| PPL Corporation (PPL)vs › | $24.99B | 2.63x | 2.50x | 2.53x | 2.36x |
| CenterPoint Energy, Inc. (CNP)vs › | $25.08B | 2.34x | 2.35x | 2.55x | 2.46x |
| Eversource Energy (ES)vs › | $25.39B | 2.40x | 2.42x | 2.72x | 3.00x |
| Talen Energy Corporation (TLN)vs › | $13.05B | 0.05x | 0.37x | 0.32x | 0.32x |
Interest Coverage
2.8x
Debt/Equity
1.83
Current Ratio
0.50
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 | 1.15x |
| 2026-03-31 | 4.28x |
| 2025-12-31 | 2.45x |
| 2025-09-30 | 1.65x |
| 2025-06-30 | 1.89x |
| 2025-03-31 | 5.72x |
| 2024-12-31 | 3.04x |
| 2024-09-30 | 1.62x |
| 2024-06-30 | 1.83x |
| 2024-03-31 | 5.02x |
| 2023-12-31 | 2.57x |
| 2023-09-30 | 1.80x |
| 2023-06-30 | 1.53x |
| 2023-03-31 | 4.88x |
| 2022-12-31 | 3.25x |
| 2022-09-30 | 1.71x |
| 2022-06-30 | 1.70x |
| 2022-03-31 | 7.17x |
| 2021-12-31 | 3.25x |
| 2021-09-30 | 1.74x |
| 2021-06-30 | 1.68x |
| 2021-03-31 | 5.12x |
| 2020-12-31 | 2.55x |
| 2020-09-30 | 0.97x |
| 2020-06-30 | 0.95x |
| 2020-03-31 | 1.60x |
| 2019-12-31 | -0.41x |
| 2019-09-30 | 0.95x |
| 2019-06-30 | 4.93x |
| 2019-03-31 | 3.91x |
| 2018-12-31 | -0.89x |
| 2018-09-30 | -3.79x |
| 2018-06-30 | 1.33x |
| 2018-03-31 | 4.30x |
| 2017-12-31 | 2.63x |
| 2017-09-30 | 1.27x |
| 2017-06-30 | 1.41x |
| 2017-03-31 | 4.88x |
| 2016-12-31 | 2.38x |
| 2016-09-30 | 1.34x |
| 2016-06-30 | 1.61x |
| 2016-03-31 | 4.21x |
| 2015-12-31 | 2.33x |
| 2015-09-30 | 1.16x |
| 2015-06-30 | 0.72x |
| 2015-03-31 | 3.48x |
| 2014-12-31 | 3.87x |
| 2014-09-30 | 0.65x |
| 2014-06-30 | 2.01x |
| 2014-03-31 | 4.89x |
| 2013-12-31 | 2.94x |
| 2013-09-30 | 1.70x |
| 2013-06-30 | 1.90x |
| 2013-03-31 | 4.35x |
| 2012-12-31 | 2.86x |
| 2012-09-30 | 1.22x |
| 2012-06-30 | 1.99x |
| 2012-03-31 | 3.85x |
| 2011-12-31 | 2.11x |
| 2011-09-30 | 1.54x |
| 2011-06-30 | 1.75x |
| 2011-03-31 | 4.53x |
| 2010-12-31 | 2.61x |
| 2010-09-30 | 1.26x |
| 2010-06-30 | 1.41x |
| 2010-03-31 | 4.09x |
| 2009-12-31 | 2.53x |
| 2009-09-30 | 0.89x |
| 2009-06-30 | 1.06x |
| 2009-03-31 | 3.85x |
| 2008-09-30 | 1.05x |
| 2008-06-30 | 1.31x |
| 2008-03-31 | 4.30x |
| 2007-06-30 | 1.43x |
| 2006-12-31 | 2.50x |
| 2005-12-31 | 2.89x |
| 2005-06-30 | 1.18x |
| 2004-03-31 | 4.32x |
| 2003-12-31 | 2.50x |
| 2003-09-30 | 1.31x |
