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 1.42x is 46% above its 5-year average of 0.98x, near the low end of its 5-year range (-3.77x–28.37x).
3.25% below its 12-month average of 1.47x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.63x.
INTEREST COVERAGE RATIO
1.42x
INTEREST COVERAGE RATIO AVG TTM
1.47x
INTEREST COVERAGE RATIO AVG 3Y
1.27x
INTEREST COVERAGE RATIO AVG 5Y
0.98x
INTEREST COVERAGE RATIO AVG 10Y
1.26x
INTEREST COVERAGE RATIO AVG 15Y
2.21x
INTEREST COVERAGE RATIO AVG 20Y
1.61x
CURRENT VS TTM AVG
-3.25%
CURRENT VS 3Y AVG
+12.24%
CURRENT VS 5Y AVG
+45.55%
CURRENT VS 10Y AVG
+12.37%
CURRENT VS 15Y AVG
-35.68%
CURRENT VS 20Y AVG
-11.66%
SECTOR MEDIAN · REAL ESTATE
2.43x
median of 44 covered companies
CURRENT VS SECTOR MEDIAN
-41.68%
vs the sector median at left
Annaly Capital Management, Inc.
Market Cap
$13.94B
Interest Coverage Ratio
1.42x
TTM Avg
1.47x
3Y Avg
1.27x
5Y Avg
0.98x
Market Cap
$13.65B
Interest Coverage Ratio
2.15x
TTM Avg
1.82x
3Y Avg
1.93x
5Y Avg
2.57x
Market Cap
$13.44B
Interest Coverage Ratio
1.78x
TTM Avg
1.73x
3Y Avg
1.92x
5Y Avg
1.80x
Market Cap
$13.41B
Interest Coverage Ratio
3.34x
TTM Avg
3.62x
3Y Avg
3.98x
5Y Avg
3.57x
Market Cap
$13.32B
Interest Coverage Ratio
1.70x
TTM Avg
2.13x
3Y Avg
4.97x
5Y Avg
5.90x
Market Cap
$13.08B
Interest Coverage Ratio
2.72x
TTM Avg
3.92x
3Y Avg
4.81x
5Y Avg
4.84x
Market Cap
$15.00B
Interest Coverage Ratio
1.85x
TTM Avg
1.95x
3Y Avg
2.23x
5Y Avg
2.13x
Market Cap
$15.45B
Interest Coverage Ratio
3.54x
TTM Avg
3.81x
3Y Avg
4.25x
5Y Avg
4.25x
Market Cap
$15.47B
Interest Coverage Ratio
2.10x
TTM Avg
2.06x
3Y Avg
2.09x
5Y Avg
1.90x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Annaly Capital Management, Inc. (NLY) | $13.94B | 1.42x | 1.47x | 1.27x | 0.98x |
| Sun Communities, Inc. (SUI)vs › | $13.65B | 2.15x | 1.82x | 1.93x | 2.57x |
| Healthpeak Properties, Inc. (DOC)vs › | $13.44B | 1.78x | 1.73x | 1.92x | 1.80x |
| Mid-America Apartment Communities, Inc. (MAA)vs › | $13.41B | 3.34x | 3.62x | 3.98x | 3.57x |
| Weyerhaeuser Company (WY)vs › | $13.32B | 1.70x | 2.13x | 4.97x | 5.90x |
| Regency Centers Corporation (REG)vs › | $13.08B | 2.72x | 3.92x | 4.81x | 4.84x |
| Kimco Realty Corporation (KIM)vs › | $15.00B | 1.85x | 1.95x | 2.23x | 2.13x |
| Host Hotels & Resorts, Inc. (HST)vs › | $15.45B | 3.54x | 3.81x | 4.25x | 4.25x |
| Invitation Homes Inc. (INVH)vs › | $15.47B | 2.10x | 2.06x | 2.09x | 1.90x |
| CoStar Group, Inc. (CSGP)vs › | $11.09B | -3.79x | 4.58x | 7.61x | 35.70x |
Interest Coverage
1.4x
Debt/Equity
7.38
Current Ratio
0.04
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 | 1.63x |
| 2026-03-31 | 1.23x |
| 2025-12-31 | 1.76x |
| 2025-09-30 | 1.66x |
| 2025-06-30 | 1.05x |
| 2025-03-31 | 1.13x |
| 2024-12-31 | 1.42x |
| 2024-09-30 | 1.06x |
| 2024-06-30 | 1.00x |
| 2024-03-31 | 1.42x |
| 2023-12-31 | 0.63x |
| 2023-09-30 | 0.47x |
| 2023-06-30 | 1.18x |
| 2023-03-31 | -0.04x |
| 2022-12-31 | -0.32x |
| 2022-09-30 | 0.31x |
| 2022-06-30 | 6.34x |
| 2022-03-31 | 28.37x |
| 2021-12-31 | 8.15x |
| 2021-09-30 | 11.48x |
| 2021-06-30 | -3.77x |
| 2021-03-31 | 27.33x |
| 2020-12-31 | 10.16x |
| 2020-09-30 | 8.91x |
| 2020-06-30 | 4.61x |
| 2020-03-31 | -7.28x |
| 2019-12-31 | 2.95x |
| 2019-09-30 | -0.98x |
| 2019-06-30 | -2.38x |
| 2019-03-31 | -1.31x |
| 2018-12-31 | -3.84x |
| 2018-09-30 | 1.96x |
| 2018-06-30 | 1.35x |
| 2018-03-31 | 3.62x |
| 2017-12-31 | 2.36x |
| 2017-09-30 | 1.37x |
| 2017-06-30 | 0.06x |
| 2017-03-31 | 2.22x |
| 2016-12-31 | 10.09x |
| 2016-09-30 | 5.45x |
| 2016-06-30 | -0.82x |
| 2016-03-31 | -4.89x |
| 2015-12-31 | 6.69x |
| 2015-09-30 | -4.69x |
| 2015-06-30 | 8.89x |
| 2015-03-31 | -2.68x |
| 2014-12-31 | -3.89x |
| 2014-09-30 | 3.81x |
| 2014-06-30 | -1.67x |
| 2014-03-31 | -0.60x |
| 2013-12-31 | 8.50x |
| 2013-09-30 | 2.33x |
| 2013-06-30 | 10.97x |
| 2013-03-31 | 5.93x |
| 2012-12-31 | 4.74x |
| 2012-09-30 | 2.31x |
| 2012-06-30 | 0.52x |
| 2012-03-31 | 7.89x |
| 2011-12-31 | 4.56x |
| 2011-09-30 | -6.47x |
| 2011-06-30 | 2.18x |
| 2011-03-31 | 3.22x |
| 2010-12-31 | 5.04x |
| 2010-09-30 | 0.99x |
| 2010-06-30 | -0.37x |
| 2010-03-31 | 2.04x |
| 2009-12-31 | 3.58x |
| 2009-09-30 | 1.96x |
| 2009-06-30 | 2.87x |
| 2009-03-31 | 1.94x |
| 2008-12-31 | -0.11x |
| 2008-09-30 | 1.68x |
| 2008-06-30 | 1.71x |
| 2008-03-31 | 1.46x |
| 2007-12-31 | 1.28x |
| 2007-09-30 | 1.21x |
| 2007-06-30 | 1.18x |
| 2007-03-31 | 1.18x |
| 2006-12-31 | 1.16x |
| 2006-09-30 | 1.15x |
| 2006-06-30 | 1.04x |
| 2006-03-31 | 0.95x |
| 2005-12-31 | 0.19x |
| 2005-09-30 | 1.16x |
| 2005-06-30 | 1.37x |
| 2005-03-31 | 1.53x |
| 2004-12-31 | 1.66x |
| 2004-09-30 | 1.97x |
| 2004-06-30 | 2.16x |
| 2004-03-03 | 2.17x |
| 2003-12-31 | 2.01x |
| 2003-09-30 | 1.65x |
| 2003-06-30 | 2.12x |
| 2003-03-31 | 2.15x |
| 2002-12-31 | 2.01x |
| 2002-11-05 | 2.05x |
