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 2.40x is in line with its 5-year average of 2.41x, around the middle of its 5-year range (-12.66x–23.54x).
1544.19% above its 12-month average of -0.17x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): -3.38x.
INTEREST COVERAGE RATIO
2.40x
INTEREST COVERAGE RATIO AVG TTM
-0.17x
INTEREST COVERAGE RATIO AVG 3Y
2.73x
INTEREST COVERAGE RATIO AVG 5Y
2.41x
INTEREST COVERAGE RATIO AVG 10Y
2.10x
INTEREST COVERAGE RATIO AVG 15Y
1.37x
INTEREST COVERAGE RATIO AVG 20Y
1.63x
CURRENT VS TTM AVG
+1544.19%
CURRENT VS 3Y AVG
-12.12%
CURRENT VS 5Y AVG
-0.46%
CURRENT VS 10Y AVG
+14.02%
CURRENT VS 15Y AVG
+75.38%
CURRENT VS 20Y AVG
+47.42%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+0.42%
vs the sector median at left
NRG Energy, Inc.
Market Cap
$21.87B
Interest Coverage Ratio
2.40x
TTM Avg
-0.17x
3Y Avg
2.73x
5Y Avg
2.41x
Market Cap
$21.28B
Interest Coverage Ratio
4.61x
TTM Avg
3.09x
3Y Avg
2.27x
5Y Avg
2.01x
Market Cap
$20.49B
Interest Coverage Ratio
2.19x
TTM Avg
2.15x
3Y Avg
2.14x
5Y Avg
2.22x
Market Cap
$25.09B
Interest Coverage Ratio
2.63x
TTM Avg
2.50x
3Y Avg
2.53x
5Y Avg
2.36x
Market Cap
$25.18B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
Market Cap
$18.39B
Interest Coverage Ratio
2.42x
TTM Avg
2.50x
3Y Avg
2.65x
5Y Avg
2.88x
Market Cap
$25.47B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
Market Cap
$26.19B
Interest Coverage Ratio
2.49x
TTM Avg
2.42x
3Y Avg
2.26x
5Y Avg
2.14x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NRG Energy, Inc. (NRG) | $21.87B | 2.40x | -0.17x | 2.73x | 2.41x |
| Edison International (EIX)vs › | $21.28B | 4.61x | 3.09x | 2.27x | 2.01x |
| CMS Energy Corporation (CMS)vs › | $20.49B | 2.19x | 2.15x | 2.14x | 2.22x |
| NiSource Inc (NI)vs › | $19.46B | 2.77x | 2.79x | 2.94x | 2.70x |
| PPL Corporation (PPL)vs › | $25.09B | 2.63x | 2.50x | 2.53x | 2.36x |
| CenterPoint Energy, Inc. (CNP)vs › | $25.18B | 2.34x | 2.35x | 2.55x | 2.46x |
| Evergy, Inc. (EVRG)vs › | $18.39B | 2.42x | 2.50x | 2.65x | 2.88x |
| Eversource Energy (ES)vs › | $25.47B | 2.40x | 2.42x | 2.72x | 3.00x |
| FirstEnergy Corp. (FE)vs › | $26.19B | 2.49x | 2.42x | 2.26x | 2.14x |
| DTE Energy Company (DTE)vs › | $26.74B | 2.25x | 2.23x | 2.47x | 2.47x |
Interest Coverage
2.4x
Debt/Equity
4.83
Current Ratio
0.97
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 | -3.38x |
| 2026-03-31 | -0.90x |
| 2025-12-31 | 0.90x |
| 2025-09-30 | 2.24x |
| 2025-06-30 | 0.30x |
| 2025-03-31 | 6.96x |
| 2024-12-31 | 7.76x |
| 2024-09-30 | -3.81x |
| 2024-06-30 | 8.65x |
| 2024-03-31 | 5.74x |
| 2023-12-31 | 4.29x |
| 2023-09-30 | 3.24x |
| 2023-06-30 | 3.51x |
| 2023-03-31 | -10.43x |
| 2022-12-31 | -12.66x |
| 2022-09-30 | 1.49x |
| 2022-06-30 | 7.18x |
| 2022-03-31 | 23.54x |
| 2021-12-31 | -4.32x |
| 2021-09-30 | 19.01x |
| 2021-06-30 | 12.46x |
| 2021-03-31 | -0.44x |
| 2020-12-31 | -0.15x |
| 2020-09-30 | 3.97x |
| 2020-06-30 | 5.04x |
| 2020-03-31 | 2.49x |
| 2019-12-31 | 2.20x |
| 2019-09-30 | 5.45x |
| 2019-06-30 | 3.05x |
| 2019-03-31 | 1.94x |
| 2018-12-31 | 0.01x |
| 2018-09-30 | 3.26x |
| 2018-06-30 | 1.41x |
| 2018-03-31 | 3.11x |
| 2017-12-31 | -6.79x |
| 2017-09-30 | 2.14x |
| 2017-06-30 | 1.37x |
| 2017-03-31 | 0.16x |
| 2016-12-31 | -3.60x |
| 2016-09-30 | 1.81x |
| 2016-06-30 | 0.59x |
| 2016-03-31 | 1.68x |
| 2015-12-31 | -17.32x |
| 2015-09-30 | 1.30x |
| 2015-06-30 | 0.88x |
| 2015-03-31 | 0.25x |
| 2014-12-31 | 1.46x |
| 2014-09-30 | 1.96x |
| 2014-06-30 | 0.32x |
| 2014-03-31 | 0.71x |
| 2013-12-31 | -1.05x |
| 2013-09-30 | 2.31x |
| 2013-06-30 | 1.39x |
| 2013-03-31 | -1.36x |
| 2012-12-31 | 0.22x |
| 2012-09-30 | 0.53x |
| 2012-06-30 | 2.38x |
| 2012-03-31 | -1.03x |
| 2011-12-31 | 0.06x |
| 2011-09-30 | 0.26x |
| 2011-06-30 | 1.61x |
| 2011-03-31 | 1.82x |
| 2010-12-31 | 0.93x |
| 2010-09-30 | 2.69x |
| 2010-06-30 | 3.02x |
| 2010-03-31 | 1.69x |
| 2009-12-31 | 1.97x |
| 2009-09-30 | 3.43x |
| 2009-06-30 | 3.89x |
| 2009-03-31 | 4.46x |
| 2008-09-30 | 7.79x |
| 2008-06-30 | 0.40x |
| 2008-03-31 | 1.60x |
| 2007-06-30 | 2.26x |
| 2006-12-31 | 0.56x |
| 2005-12-31 | 3.50x |
| 2005-06-30 | 1.09x |
| 2004-03-31 | 1.17x |
| 2003-12-31 | 57.99x |
| 2003-09-30 | -7.73x |