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 4.14x is 32% below its 5-year average of 6.05x, near the low end of its 5-year range (0.87x–38.61x).
63.23% below its 12-month average of 11.26x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 35.01x.
INTEREST COVERAGE RATIO
4.14x
INTEREST COVERAGE RATIO AVG TTM
11.26x
INTEREST COVERAGE RATIO AVG 3Y
4.89x
INTEREST COVERAGE RATIO AVG 5Y
6.05x
INTEREST COVERAGE RATIO AVG 10Y
4.22x
INTEREST COVERAGE RATIO AVG 15Y
19.46x
INTEREST COVERAGE RATIO AVG 20Y
29.73x
CURRENT VS TTM AVG
-63.23%
CURRENT VS 3Y AVG
-15.30%
CURRENT VS 5Y AVG
-31.60%
CURRENT VS 10Y AVG
-1.88%
CURRENT VS 15Y AVG
-78.73%
CURRENT VS 20Y AVG
-86.08%
SECTOR MEDIAN · ENERGY
6.56x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
-36.94%
vs the sector median at left
Occidental Petroleum Corporation
Market Cap
$60.97B
Interest Coverage Ratio
4.14x
TTM Avg
11.26x
3Y Avg
4.89x
5Y Avg
6.05x
Market Cap
$62.54B
Interest Coverage Ratio
4.04x
TTM Avg
3.94x
3Y Avg
4.16x
5Y Avg
4.09x
Market Cap
$63.17B
Interest Coverage Ratio
16.02x
TTM Avg
16.55x
3Y Avg
13.20x
5Y Avg
9.96x
Market Cap
$57.00B
Interest Coverage Ratio
20.16x
TTM Avg
17.63x
3Y Avg
25.51x
5Y Avg
24.41x
Market Cap
$66.04B
Interest Coverage Ratio
1.98x
TTM Avg
2.13x
3Y Avg
2.30x
5Y Avg
2.45x
Market Cap
$53.88B
Interest Coverage Ratio
7.55x
TTM Avg
8.99x
3Y Avg
13.60x
5Y Avg
12.68x
Market Cap
$69.94B
Interest Coverage Ratio
2.67x
TTM Avg
2.51x
3Y Avg
2.55x
5Y Avg
2.63x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Occidental Petroleum Corporation (OXY) | $60.97B | 4.14x | 11.26x | 4.89x | 6.05x |
| MPLX Lp (MPLX)vs › | $61.12B | 4.84x | 5.29x | 5.30x | 4.33x |
| ONEOK, Inc. (OKE)vs › | $60.38B | 3.91x | 3.82x | 4.29x | 4.06x |
| Targa Resources Corp. (TRGP)vs › | $62.54B | 4.04x | 3.94x | 4.16x | 4.09x |
| Baker Hughes Company (BKR)vs › | $63.17B | 16.02x | 16.55x | 13.20x | 9.96x |
| Diamondback Energy, Inc. (FANG)vs › | $57.00B | 20.16x | 17.63x | 25.51x | 24.41x |
| TC Energy Corporation (TRP)vs › | $66.04B | 1.98x | 2.13x | 2.30x | 2.45x |
| Devon Energy Corporation (DVN)vs › | $53.88B | 7.55x | 8.99x | 13.60x | 12.68x |
| Kinder Morgan, Inc. (KMI)vs › | $69.94B | 2.67x | 2.51x | 2.55x | 2.63x |
| Energy Transfer LP (ET)vs › | $74.60B | 2.84x | 2.88x | 3.08x | 2.92x |
Interest Coverage
4.1x
Debt/Equity
0.35
Current Ratio
1.41
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 | 35.01x |
| 2026-03-31 | 0.87x |
| 2025-12-31 | 12.97x |
| 2025-09-30 | 4.35x |
| 2025-06-30 | 3.11x |
| 2025-03-31 | 4.64x |
| 2024-12-31 | 4.16x |
| 2024-09-30 | 5.59x |
| 2024-06-30 | 6.57x |
| 2024-03-31 | 4.25x |
| 2023-12-31 | 6.07x |
| 2023-09-30 | 7.85x |
| 2023-06-30 | 6.31x |
| 2023-03-31 | 7.28x |
| 2022-12-31 | 9.46x |
| 2022-09-30 | 12.44x |
| 2022-06-30 | 38.61x |
| 2022-03-31 | 7.75x |
| 2021-12-31 | 5.77x |
| 2021-09-30 | 3.65x |
| 2021-06-30 | 1.91x |
| 2021-03-31 | 0.18x |
| 2020-12-31 | -0.05x |
| 2020-09-30 | -1.29x |
| 2020-06-30 | -3.33x |
| 2020-03-31 | -1.19x |
| 2019-12-31 | -3.10x |
| 2019-09-30 | 1.86x |
| 2019-06-30 | 2.01x |
| 2019-03-31 | 8.73x |
| 2018-12-31 | 11.04x |
| 2018-09-30 | 18.82x |
| 2018-06-30 | 12.24x |
| 2018-03-31 | 11.01x |
| 2017-12-31 | 5.53x |
| 2017-09-30 | 2.19x |
| 2017-06-30 | 1.64x |
| 2017-03-31 | 2.79x |
| 2016-12-31 | -0.49x |
| 2016-09-30 | -1.93x |
| 2016-06-30 | -2.52x |
| 2016-03-31 | -10.27x |
| 2015-12-31 | -3.39x |
| 2015-09-30 | 4.25x |
| 2015-06-30 | 51.13x |
| 2015-03-31 | 2.57x |
| 2014-12-31 | -14.08x |
| 2014-09-30 | 127.44x |
| 2014-06-30 | 90.30x |
| 2014-03-31 | 84.36x |
| 2013-12-31 | 83.96x |
| 2013-09-30 | 90.07x |
| 2013-06-30 | 67.10x |
| 2013-03-31 | 61.94x |
| 2012-12-31 | 64.28x |
| 2012-09-30 | 59.83x |
| 2012-06-30 | 75.36x |
| 2012-03-31 | 87.07x |
| 2011-12-31 | 81.71x |
| 2011-09-30 | 117.13x |
| 2011-06-30 | 105.22x |
| 2011-03-31 | 11.74x |
| 2010-12-31 | 109.80x |
| 2010-09-30 | 81.32x |
| 2010-06-30 | 61.17x |
| 2010-03-31 | 49.11x |
| 2009-12-31 | 43.17x |
| 2009-09-30 | 36.10x |
| 2009-06-30 | 35.53x |
| 2009-03-31 | 22.44x |
| 2008-06-30 | 124.22x |
| 2008-03-31 | 82.47x |
| 2007-09-30 | 41.73x |
| 2006-12-31 | 21.75x |
| 2006-09-30 | 30.81x |
| 2005-09-30 | 23.66x |
| 2005-06-30 | 8.33x |
| 2004-03-31 | 13.29x |
| 2003-09-30 | 11.97x |
