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 3.06x is in line with its 5-year average of 3.27x, around the middle of its 5-year range (-2.23x–6.30x).
54.61% above its 12-month average of 1.98x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 2.94x.
INTEREST COVERAGE RATIO
3.06x
INTEREST COVERAGE RATIO AVG TTM
1.98x
INTEREST COVERAGE RATIO AVG 3Y
3.28x
INTEREST COVERAGE RATIO AVG 5Y
3.27x
INTEREST COVERAGE RATIO AVG 10Y
2.79x
INTEREST COVERAGE RATIO AVG 15Y
3.41x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+54.61%
CURRENT VS 3Y AVG
-6.75%
CURRENT VS 5Y AVG
-6.49%
CURRENT VS 10Y AVG
+9.57%
CURRENT VS 15Y AVG
-10.20%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
3.39x
median of 103 covered companies
CURRENT VS SECTOR MEDIAN
-9.73%
vs the sector median at left
Plains GP Holdings LP
Market Cap
$5.19B
Interest Coverage Ratio
3.06x
TTM Avg
1.98x
3Y Avg
3.28x
5Y Avg
3.27x
Market Cap
$5.12B
Interest Coverage Ratio
4.12x
TTM Avg
6.46x
3Y Avg
14.43x
5Y Avg
10.42x
Market Cap
$4.67B
Interest Coverage Ratio
8.04x
TTM Avg
7.76x
3Y Avg
14.26x
5Y Avg
12.29x
Market Cap
$5.80B
Interest Coverage Ratio
5.52x
TTM Avg
5.73x
3Y Avg
4.48x
5Y Avg
3.68x
Market Cap
$4.48B
Interest Coverage Ratio
36.42x
TTM Avg
22.55x
3Y Avg
35.76x
5Y Avg
26.11x
Market Cap
$4.45B
Interest Coverage Ratio
-0.01x
TTM Avg
1.14x
3Y Avg
1.39x
5Y Avg
1.48x
Market Cap
$4.44B
Interest Coverage Ratio
8.24x
TTM Avg
7.37x
3Y Avg
5.65x
5Y Avg
4.72x
Market Cap
$4.31B
Interest Coverage Ratio
-0.36x
TTM Avg
5.95x
3Y Avg
5.95x
5Y Avg
5.95x
Market Cap
$3.95B
Interest Coverage Ratio
2.15x
TTM Avg
8.84x
3Y Avg
13.14x
5Y Avg
13.14x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Plains GP Holdings LP (PAGP) | $5.19B | 3.06x | 1.98x | 3.28x | 3.27x |
| Golar LNG Limited (GLNG)vs › | $5.12B | 4.12x | 6.46x | 14.43x | 10.42x |
| California Resources Corp (CRC)vs › | $4.67B | 8.04x | 7.76x | 14.26x | 12.29x |
| Weatherford International plc (WFRD)vs › | $5.80B | 5.52x | 5.73x | 4.48x | 3.68x |
| Enphase Energy, Inc. (ENPH)vs › | $4.48B | 36.42x | 22.55x | 35.76x | 26.11x |
| Icahn Enterprises L.P. (IEP)vs › | $4.45B | -0.01x | 1.14x | 1.39x | 1.48x |
| Oceaneering International, Inc. (OII)vs › | $4.44B | 8.24x | 7.37x | 5.65x | 4.72x |
| Patterson-UTI Energy, Inc. (PTEN)vs › | $4.31B | -0.36x | 5.95x | 5.95x | 5.95x |
| Helmerich & Payne, Inc. (HP)vs › | $3.95B | 2.15x | 8.84x | 13.14x | 13.14x |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.93B | 3.61x | 6.46x | 13.16x | 11.28x |
Interest Coverage
3.1x
Debt/Equity
5.47
Current Ratio
1.12
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 | 2.94x |
| 2026-03-31 | -2.10x |
| 2025-12-31 | 2.58x |
| 2025-09-30 | 4.31x |
| 2025-06-30 | 2.15x |
| 2025-03-31 | 4.97x |
| 2024-12-31 | 0.92x |
| 2024-09-30 | 3.57x |
| 2024-06-30 | 3.44x |
| 2024-03-31 | 3.88x |
| 2023-12-31 | 4.27x |
| 2023-09-30 | 2.39x |
| 2023-06-30 | 3.95x |
| 2023-03-31 | 4.81x |
| 2022-12-31 | -0.40x |
| 2022-09-30 | 6.30x |
| 2022-06-30 | 4.12x |
| 2022-03-31 | 2.72x |
| 2021-12-31 | 5.62x |
| 2021-09-30 | -0.38x |
| 2021-06-30 | -2.23x |
| 2021-03-31 | 4.90x |
| 2020-12-31 | -0.62x |
| 2020-09-30 | 2.22x |
| 2020-06-30 | 1.93x |
| 2020-03-31 | -25.69x |
| 2019-12-31 | 2.89x |
| 2019-09-30 | 4.54x |
| 2019-06-30 | 4.36x |
| 2019-03-31 | 7.06x |
| 2018-12-31 | 12.63x |
| 2018-09-30 | 4.47x |
| 2018-06-30 | 0.77x |
| 2018-03-31 | 3.58x |
| 2017-12-31 | 2.17x |
| 2017-09-30 | 0.32x |
| 2017-06-30 | 2.02x |
| 2017-03-31 | 4.57x |
| 2016-12-31 | 1.67x |
| 2016-09-30 | 3.00x |
| 2016-06-30 | 1.23x |
| 2016-03-31 | 2.42x |
| 2015-12-31 | 2.89x |
| 2015-09-30 | 3.02x |
| 2015-06-30 | 1.94x |
| 2015-03-31 | 3.53x |
| 2014-12-31 | 5.54x |
| 2014-09-30 | 4.58x |
| 2014-06-30 | 4.28x |
| 2014-03-31 | 6.07x |
| 2013-12-31 | 4.78x |
| 2013-09-30 | 4.05x |
| 2013-06-30 | 5.04x |
| 2013-03-31 | 8.40x |
| 2012-12-31 | 5.29x |
| 2012-09-30 | 3.24x |
| 2012-06-30 | 6.00x |
| 2012-03-31 | 4.67x |
