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 4.28x is 40% above its 5-year average of 3.06x, around the middle of its 5-year range (1.53x–7.17x).
As of the fiscal period ended Tuesday, March 31, 2026. 31.23% above its 12-month average of 3.26x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
4.28x
INTEREST COVERAGE RATIO AVG TTM
3.26x
INTEREST COVERAGE RATIO AVG 3Y
2.97x
INTEREST COVERAGE RATIO AVG 5Y
3.06x
INTEREST COVERAGE RATIO AVG 10Y
2.60x
INTEREST COVERAGE RATIO AVG 15Y
2.57x
INTEREST COVERAGE RATIO AVG 20Y
2.50x
CURRENT VS TTM AVG
+31.23%
CURRENT VS 3Y AVG
+44.06%
CURRENT VS 5Y AVG
+39.84%
CURRENT VS 10Y AVG
+64.25%
CURRENT VS 15Y AVG
+66.61%
CURRENT VS 20Y AVG
+71.22%
SECTOR MEDIAN · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+79.27%
vs the sector median at left
NiSource Inc
Market Cap
$21.30B
Interest Coverage Ratio
4.28x
TTM Avg
3.26x
3Y Avg
2.97x
5Y Avg
3.06x
Market Cap
$22.57B
Interest Coverage Ratio
2.19x
TTM Avg
2.15x
3Y Avg
2.14x
5Y Avg
2.22x
Market Cap
$19.13B
Interest Coverage Ratio
2.42x
TTM Avg
2.50x
3Y Avg
2.65x
5Y Avg
2.88x
Market Cap
$18.28B
Interest Coverage Ratio
2.00x
TTM Avg
1.98x
3Y Avg
2.30x
5Y Avg
2.43x
Market Cap
$26.49B
Interest Coverage Ratio
2.63x
TTM Avg
2.50x
3Y Avg
2.53x
5Y Avg
2.36x
Market Cap
$26.66B
Interest Coverage Ratio
3.06x
TTM Avg
3.17x
3Y Avg
3.14x
5Y Avg
3.11x
Market Cap
$26.92B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
Market Cap
$15.17B
Interest Coverage Ratio
0.05x
TTM Avg
0.37x
3Y Avg
0.32x
5Y Avg
0.32x
Market Cap
$27.69B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NiSource Inc (NI) | $21.30B | 4.28x | 3.26x | 2.97x | 3.06x |
| CMS Energy Corporation (CMS)vs › | $22.57B | 2.19x | 2.15x | 2.14x | 2.22x |
| Evergy, Inc. (EVRG)vs › | $19.13B | 2.42x | 2.50x | 2.65x | 2.88x |
| Alliant Energy Corporation (LNT)vs › | $18.28B | 2.00x | 1.98x | 2.30x | 2.43x |
| PPL Corporation (PPL)vs › | $26.49B | 2.63x | 2.50x | 2.53x | 2.36x |
| American Water Works Company, Inc. (AWK)vs › | $26.66B | 3.06x | 3.17x | 3.14x | 3.11x |
| Eversource Energy (ES)vs › | $26.92B | 2.40x | 2.42x | 2.72x | 3.00x |
| Talen Energy Corporation (TLN)vs › | $15.17B | 0.05x | 0.37x | 0.32x | 0.32x |
| CenterPoint Energy, Inc. (CNP)vs › | $27.69B | 2.34x | 2.35x | 2.55x | 2.46x |
| FirstEnergy Corp. (FE)vs › | $27.95B | 2.49x | 2.42x | 2.26x | 2.14x |
Interest Coverage
4.3x
Debt/Equity
1.72
Current Ratio
0.69
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 |
|---|---|
| 2026-03-31 | 4.28x |
| 2025-12-31 | 2.75x |
| 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 |
| 2002-06-30 | 1.28x |
