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 2.17x is 13% below its 5-year average of 2.49x, around the middle of its 5-year range (1.53x–3.50x).
11.41% above its 12-month average of 1.95x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.59x.
INTEREST COVERAGE RATIO
2.17x
INTEREST COVERAGE RATIO AVG TTM
1.95x
INTEREST COVERAGE RATIO AVG 3Y
2.31x
INTEREST COVERAGE RATIO AVG 5Y
2.49x
INTEREST COVERAGE RATIO AVG 10Y
2.63x
INTEREST COVERAGE RATIO AVG 15Y
2.55x
INTEREST COVERAGE RATIO AVG 20Y
2.54x
CURRENT VS TTM AVG
+11.41%
CURRENT VS 3Y AVG
-6.12%
CURRENT VS 5Y AVG
-12.88%
CURRENT VS 10Y AVG
-17.54%
CURRENT VS 15Y AVG
-14.75%
CURRENT VS 20Y AVG
-14.54%
SECTOR MEDIAN · UTILITIES
2.36x
median of 63 covered companies
CURRENT VS SECTOR MEDIAN
-8.05%
vs the sector median at left
Northwestern Energy Group Inc
Market Cap
$4.24B
Interest Coverage Ratio
2.17x
TTM Avg
1.95x
3Y Avg
2.31x
5Y Avg
2.49x
Market Cap
$4.11B
Interest Coverage Ratio
-5.81x
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$3.25B
Interest Coverage Ratio
3.71x
TTM Avg
10.62x
3Y Avg
10.62x
5Y Avg
10.62x
Market Cap
$5.39B
Interest Coverage Ratio
2.60x
TTM Avg
2.59x
3Y Avg
2.65x
5Y Avg
2.71x
Market Cap
$2.95B
Interest Coverage Ratio
2.39x
TTM Avg
2.25x
3Y Avg
2.00x
5Y Avg
2.09x
Market Cap
$2.66B
Interest Coverage Ratio
5.05x
TTM Avg
4.75x
3Y Avg
4.87x
5Y Avg
4.83x
Market Cap
$2.50B
Interest Coverage Ratio
0.93x
TTM Avg
43.85x
3Y Avg
41.59x
5Y Avg
48.99x
Market Cap
$2.32B
Interest Coverage Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Northwestern Energy Group Inc (NWE) | $4.24B | 2.17x | 1.95x | 2.31x | 2.49x |
| Fervo Energy Company (FRVO)vs › | $4.11B | -5.81x | N/A | N/A | N/A |
| SOLV Energy, Inc. Class A Common Stock (MWH)vs › | $3.25B | 3.71x | 10.62x | 10.62x | 10.62x |
| Black Hills Corporation (BKH)vs › | $5.39B | 2.60x | 2.59x | 2.65x | 2.71x |
| Avista Corporation (AVA)vs › | $2.95B | 2.39x | 2.25x | 2.00x | 2.09x |
| MGE Energy, Inc. (MGEE)vs › | $2.66B | 5.05x | 4.75x | 4.87x | 4.83x |
| ReNew Energy Global Plc (RNW)vs › | $2.50B | 0.93x | 43.85x | 41.59x | 48.99x |
| H2O America (HTO)vs › | $2.44B | 1.99x | 2.19x | 2.23x | 2.19x |
| newcleo plc Ordinary Shares (NWCL)vs › | $2.32B | N/A | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN)vs › | $6.31B | 0.45x | 0.55x | 2.05x | 1.64x |
Interest Coverage
2.2x
Debt/Equity
1.24
Current Ratio
0.83
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 | 1.59x |
| 2026-03-31 | 2.85x |
| 2025-12-31 | 1.53x |
| 2025-09-30 | 2.09x |
| 2025-06-30 | 1.67x |
| 2025-03-31 | 3.42x |
| 2024-12-31 | 2.59x |
| 2024-09-30 | 2.03x |
| 2024-06-30 | 1.93x |
| 2024-03-31 | 3.30x |
| 2023-12-31 | 3.50x |
| 2023-09-30 | 1.94x |
| 2023-06-30 | 1.61x |
| 2023-03-31 | 3.43x |
| 2022-12-31 | 3.08x |
| 2022-09-30 | 1.91x |
| 2022-06-30 | 2.18x |
| 2022-03-31 | 3.34x |
| 2021-12-31 | 3.42x |
| 2021-09-30 | 2.39x |
| 2021-06-30 | 2.52x |
| 2021-03-31 | 3.44x |
| 2020-12-31 | 2.71x |
| 2020-09-30 | 2.10x |
| 2020-06-30 | 1.85x |
| 2020-03-31 | 3.09x |
| 2019-12-31 | 3.51x |
| 2019-09-30 | 1.95x |
| 2019-06-30 | 2.08x |
| 2019-03-31 | 4.08x |
| 2018-12-31 | 2.72x |
| 2018-09-30 | 2.17x |
| 2018-06-30 | 2.98x |
| 2018-03-31 | 3.68x |
| 2017-12-31 | 3.18x |
| 2017-09-30 | 2.66x |
| 2017-06-30 | 1.87x |
| 2017-03-31 | 3.64x |
| 2016-12-31 | 2.79x |
| 2016-09-30 | 2.67x |
| 2016-06-30 | 2.41x |
| 2016-03-31 | 2.53x |
| 2015-12-31 | 3.01x |
| 2015-09-30 | 2.20x |
| 2015-06-30 | 2.66x |
| 2015-03-31 | 3.63x |
| 2014-12-31 | 2.54x |
| 2014-09-30 | 1.65x |
| 2014-06-30 | 1.31x |
| 2014-03-31 | 3.57x |
| 2013-12-31 | 2.56x |
| 2013-09-30 | 1.84x |
| 2013-06-30 | 1.91x |
| 2013-03-31 | 3.40x |
| 2012-12-31 | 5.76x |
| 2012-09-30 | 0.25x |
| 2012-06-30 | 1.81x |
| 2012-03-31 | 3.45x |
| 2011-12-31 | 3.06x |
| 2011-09-30 | 1.91x |
| 2011-06-30 | 1.55x |
| 2011-03-31 | 3.39x |
| 2010-12-31 | 2.76x |
| 2010-09-30 | 2.03x |
| 2010-06-30 | 1.68x |
| 2010-03-31 | 3.35x |
| 2009-12-31 | 2.83x |
| 2009-09-30 | 1.56x |
| 2009-06-30 | 1.53x |
| 2009-03-31 | 3.33x |
| 2008-12-31 | 3.11x |
| 2008-09-30 | 2.26x |
| 2007-09-30 | 2.27x |