Northwest Natural Holding Company logo
NWNNorthwest Natural Holding Company

Interest Coverage Ratio: 6.58x

popular:market cap|pe ratio|revenue|price history|total return

Is the interest coverage ratio high or low?

The interest coverage ratio of 6.58x is 108% above its 5-year average of 3.16x, near the high end of its 5-year range (-1.29x–8.51x).

As of Monday, June 29, 2026. 62.20% above its 12-month average of 4.06x.

Interest Expense|Total Debt|Debt/Equity|Operating Margin|All Metrics
Interest Coverage

NWN Interest Coverage Ratio

6.58x

Reported quarterly interest coverage; no daily interpolation.

+474.66% 5Y
NWN Interest Coverage Ratio

NWN Average Interest Coverage Ratio Chart

NWN Interest Coverage Ratio

NWN Current vs Average Interest Coverage Ratio Chart

NWN Interest Coverage Ratio Metrics

INTEREST COVERAGE RATIO

6.58x

INTEREST COVERAGE RATIO AVG TTM

4.06x

INTEREST COVERAGE RATIO AVG 3Y

3.02x

INTEREST COVERAGE RATIO AVG 5Y

3.16x

INTEREST COVERAGE RATIO AVG 10Y

3.25x

INTEREST COVERAGE RATIO AVG 15Y

3.22x

INTEREST COVERAGE RATIO AVG 20Y

3.25x

CURRENT VS TTM AVG

+62.20%

CURRENT VS 3Y AVG

+117.92%

CURRENT VS 5Y AVG

+108.41%

CURRENT VS 10Y AVG

+102.42%

CURRENT VS 15Y AVG

+104.36%

CURRENT VS 20Y AVG

+102.11%

NWN Competitors' Interest Coverage Ratio

NAMEMARKET CAPINTEREST COVERAGE RATIOTTM3Y5Y
Northwest Natural Holding Company (NWN)$2.10B6.58x4.06x3.02x3.16x
NuScale Power Corporation (SMR)vs ›$3.06BN/AN/AN/AN/A
Avista Corporation (AVA)vs ›$3.41B2.39x2.25x2.00x2.09x
Fluence Energy, Inc. (FLNC)vs ›$3.53B-11.27xN/AN/AN/A
Black Hills Corporation (BKH)vs ›$5.73B2.60x2.59x2.65x2.71x
UGI Corporation (UGI)vs ›$7.48B2.69x2.32x3.23x4.09x
Clearway Energy, Inc. (CWEN-A)vs ›$8.31B0.45x0.55x2.05x1.64x
The AES Corporation (AES)vs ›$10.43B1.39x1.36x1.67x2.06x
Brookfield Renewable Partners L.P. (BEP)vs ›$10.58B0.35x0.45x0.68x0.99x
Pinnacle West Capital Corporation (PNW)vs ›$13.07B2.65x2.67x2.67x2.93x

Financial Health Indicators

Interest Coverage

6.6x

Debt/Equity

1.87

Current Ratio

0.72

Formula: Interest Coverage = EBIT / Interest Expense

Reference ranges:

  • < 1.5x: EBIT is less than 1.5 times interest expense
  • 1.5x - 3x: EBIT is between 1.5 and 3 times interest expense
  • 3x - 5x: EBIT is between 3 and 5 times interest expense
  • > 5x: EBIT is more than 5 times interest expense

Note: Interest coverage should be compared with historical interest expense, operating income, and industry capital structure.

Interest Coverage Ratio Formula & Definition

Interest Coverage = EBIT / Interest Expense

The interest coverage ratio measures operating earnings relative to interest expense.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Interest Coverage Ratio FAQ

What is the interest coverage ratio for Northwest Natural Holding Company (NWN)?
The interest coverage ratio for NWN stock is 6.58x.
Is Northwest Natural Holding Company's interest coverage ratio high or low?
The interest coverage ratio of 6.58x is 108% above its 5-year average of 3.16x, near the high end of its 5-year range (-1.29x–8.51x).
What is the TTM average interest coverage ratio for Northwest Natural Holding Company (NWN)?
The TTM average interest coverage ratio for NWN stock is 4.06x.
What is the 3Y average interest coverage ratio for Northwest Natural Holding Company (NWN)?
The 3Y average interest coverage ratio for NWN stock is 3.02x.
What is the 5Y average interest coverage ratio for Northwest Natural Holding Company (NWN)?
The 5Y average interest coverage ratio for NWN stock is 3.16x.
What is the 10Y average interest coverage ratio for Northwest Natural Holding Company (NWN)?
The 10Y average interest coverage ratio for NWN stock is 3.25x.
What is the 15Y average interest coverage ratio for Northwest Natural Holding Company (NWN)?
The 15Y average interest coverage ratio for NWN stock is 3.22x.
What is the 20Y average interest coverage ratio for Northwest Natural Holding Company (NWN)?
The 20Y average interest coverage ratio for NWN stock is 3.25x.

NWN Interest Coverage Ratio History

DATEINTEREST COVERAGE RATIO
2026-03-316.58x
2025-12-317.96x
2025-09-30-0.41x
2025-06-300.89x
2025-03-315.25x
2024-12-314.01x
2024-09-30-1.01x
2024-06-300.81x
2024-03-315.35x
2023-12-313.78x
2023-09-30-0.91x
2023-06-300.73x
2023-03-316.20x
2022-12-314.75x
2022-09-30-1.14x
2022-06-301.17x
2022-03-317.61x
2021-12-316.29x
2021-09-30-1.29x
2021-06-301.14x
2021-03-318.51x
2020-12-316.96x
2020-09-30-1.26x
2020-06-300.70x
2020-03-317.30x
2019-12-315.60x
2019-09-30-0.88x
2019-06-301.51x
2019-03-317.45x
2018-12-316.22x
2018-09-30-0.68x
2018-06-300.94x
2018-03-317.26x
2017-12-31-14.38x
2017-09-30-0.72x
2017-06-301.39x
2017-03-317.72x
2016-12-315.74x
2016-09-30-0.46x
2016-06-301.30x
2016-03-317.61x
2015-12-315.23x
2015-09-30-0.19x
2015-06-301.24x
2015-03-315.06x
2014-12-315.67x
2014-09-30-0.47x
2014-06-301.14x
2014-03-316.50x
2013-12-315.09x
2013-09-30-0.33x
2013-06-301.18x
2013-03-316.67x
2012-12-315.14x
2012-09-30-0.46x
2012-06-301.13x
2012-03-317.03x
2011-12-315.38x
2011-09-30-0.54x
2011-06-301.23x
2011-03-317.45x
2010-12-315.50x
2010-09-30-0.32x
2010-06-301.90x
2010-03-317.73x
2009-12-315.76x
2009-09-30-0.07x
2009-06-301.38x
2009-03-319.04x
2008-12-316.20x
2008-09-30-0.83x
2008-06-301.32x
2008-03-318.14x
2007-09-30-0.11x
2007-06-301.44x
2006-12-315.49x
2006-09-30-0.62x
2006-06-301.29x
2006-03-317.49x
2005-12-315.04x
2005-06-301.14x
2005-03-317.87x
2004-12-315.34x
2004-06-300.78x
2004-03-316.73x
2003-12-314.75x
2003-09-30-0.43x
2002-12-314.26x
2002-09-30-0.17x
2002-06-301.95x

Related Metrics

Interest ExpenseTotal DebtDebt/EquityOperating MarginAll Metrics

About Northwest Natural Holding Company

Northwest Natural Holding Company (NWN) operates primarily through its subsidiary, Northwest Natural Gas Company, delivering regulated natural gas to a diverse clientele including residential, commercial, industrial, and transportation customers across Oregon and Southwest Washington. Beyond its core distribution business, the company manages the Mist gas storage facility, which holds 5.7 billion cubic feet and is leased to other utilities and third-party energy marketers. It also provides natural gas asset management solutions and maintains an appliance retail outlet. NWN's strategic investments extend to broader gas storage activities, water services, non-regulated renewable natural gas ventures, and other diversified interests. The company currently supplies natural gas to approximately 786,000 meters within its service territories in Oregon and southwest Washington. Additionally, its water operations cater to about 80,000 individuals through roughly 33,000 water and wastewater connections located in the Pacific Northwest and Texas. Founded in 1859, Northwest Natural Holding Company is headquartered in Portland, Oregon.

Portland, OR
1,452 employees
www.nwnaturalholdings.com
Utilities / Regulated Gas
Sector
Utilities
Industry
Regulated Gas
CEO
Justin Palfreyman
View full financials