Basis: Latest reported fiscal quarter. 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 5.45x is 17% above its 5-year average of 4.65x, around the middle of its 5-year range (0.74x–16.08x).
As of the fiscal period ended Tuesday, June 30, 2026. 21.24% above its 12-month average of 4.49x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
5.45x
INTEREST COVERAGE RATIO AVG TTM
4.49x
INTEREST COVERAGE RATIO AVG 3Y
4.74x
INTEREST COVERAGE RATIO AVG 5Y
4.65x
INTEREST COVERAGE RATIO AVG 10Y
5.70x
INTEREST COVERAGE RATIO AVG 15Y
5.62x
INTEREST COVERAGE RATIO AVG 20Y
5.32x
CURRENT VS TTM AVG
+21.24%
CURRENT VS 3Y AVG
+14.84%
CURRENT VS 5Y AVG
+17.04%
CURRENT VS 10Y AVG
-4.50%
CURRENT VS 15Y AVG
-3.04%
CURRENT VS 20Y AVG
+2.44%
SECTOR MEDIAN · ENERGY
6.56x
median of 46 covered companies
CURRENT VS SECTOR MEDIAN
-17.05%
vs the sector median at left
Pembina Pipeline Corporation
Market Cap
$27.91B
Interest Coverage Ratio
5.45x
TTM Avg
4.49x
3Y Avg
4.74x
5Y Avg
4.65x
Market Cap
$28.96B
Interest Coverage Ratio
48.87x
TTM Avg
44.20x
3Y Avg
48.32x
5Y Avg
44.63x
Market Cap
$30.22B
Interest Coverage Ratio
6.42x
TTM Avg
8.63x
3Y Avg
7.45x
5Y Avg
6.64x
Market Cap
$25.13B
Interest Coverage Ratio
N/A
TTM Avg
34.22x
3Y Avg
21.04x
5Y Avg
21.04x
Market Cap
$22.72B
Interest Coverage Ratio
8.67x
TTM Avg
8.67x
3Y Avg
20.84x
5Y Avg
22.55x
Market Cap
$21.97B
Interest Coverage Ratio
36.18x
TTM Avg
36.02x
3Y Avg
46.06x
5Y Avg
39.23x
Market Cap
$34.13B
Interest Coverage Ratio
7.18x
TTM Avg
4.34x
3Y Avg
7.53x
5Y Avg
7.53x
Market Cap
$34.63B
Interest Coverage Ratio
3.46x
TTM Avg
3.24x
3Y Avg
5.02x
5Y Avg
5.02x
Market Cap
$15.04B
Interest Coverage Ratio
9.89x
TTM Avg
9.16x
3Y Avg
11.06x
5Y Avg
8.52x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pembina Pipeline Corporation (PBA) | $27.91B | 5.45x | 4.49x | 4.74x | 4.65x |
| Tenaris S.A. (TS)vs › | $28.96B | 48.87x | 44.20x | 48.32x | 44.63x |
| Halliburton Company (HAL)vs › | $30.22B | 6.42x | 8.63x | 7.45x | 6.64x |
| Texas Pacific Land Corporation (TPL)vs › | $25.13B | N/A | 34.22x | 21.04x | 21.04x |
| Expand Energy Corporation (EXE)vs › | $22.72B | 8.67x | 8.67x | 20.84x | 22.55x |
| First Solar, Inc. (FSLR)vs › | $21.97B | 36.18x | 36.02x | 46.06x | 39.23x |
| EQT Corporation (EQT)vs › | $34.13B | 7.18x | 4.34x | 7.53x | 7.53x |
| Venture Global, Inc. (VG)vs › | $34.63B | 3.46x | 3.24x | 5.02x | 5.02x |
| APA Corporation (APA)vs › | $15.04B | 9.89x | 9.16x | 11.06x | 8.52x |
| Nextpower Inc. (NXT)vs › | $12.96B | 265.83x | 157.31x | 112.26x | 450.55x |
Interest Coverage
5.4x
Debt/Equity
0.81
Current Ratio
0.62
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 | 5.45x |
| 2026-03-31 | 4.58x |
| 2025-12-31 | 4.42x |
| 2025-09-30 | 3.51x |
| 2025-06-30 | 4.50x |
| 2025-03-31 | 5.23x |
| 2024-12-31 | 5.89x |
| 2024-09-30 | 4.13x |
| 2024-06-30 | 0.74x |
| 2024-03-31 | 4.86x |
| 2023-12-31 | 7.96x |
| 2023-09-30 | 4.81x |
| 2023-06-30 | 4.80x |
| 2023-03-31 | 5.05x |
| 2022-12-31 | 3.79x |
| 2022-09-30 | 16.08x |
| 2022-06-30 | 5.56x |
| 2022-03-31 | 6.57x |
| 2021-12-31 | 2.20x |
| 2021-09-30 | 8.41x |
| 2021-06-30 | 3.78x |
| 2021-03-31 | 4.83x |
| 2020-12-31 | -15.13x |
| 2020-09-30 | 6.89x |
| 2020-06-30 | 4.01x |
| 2020-03-31 | 9.61x |
| 2019-12-31 | 2.54x |
| 2019-09-30 | 7.06x |
| 2019-06-30 | 6.73x |
| 2019-03-31 | 6.47x |
| 2018-12-31 | 8.04x |
| 2018-09-30 | 7.57x |
| 2018-06-30 | 5.75x |
| 2018-03-31 | 7.00x |
| 2017-12-31 | 6.79x |
| 2017-09-30 | 3.96x |
| 2017-06-30 | 6.87x |
| 2017-03-31 | 10.80x |
| 2016-12-31 | 7.57x |
| 2016-09-30 | 6.31x |
| 2016-06-30 | 7.37x |
| 2016-03-31 | 7.78x |
| 2015-12-31 | 8.04x |
| 2015-09-30 | 3.78x |
| 2015-06-30 | 6.60x |
| 2015-03-31 | 7.50x |
| 2014-12-31 | 5.18x |
| 2014-09-30 | 6.95x |
| 2014-06-30 | 6.14x |
| 2014-03-31 | 9.78x |
| 2013-12-31 | 7.07x |
| 2013-09-30 | 5.92x |
| 2013-06-30 | 5.77x |
| 2013-03-31 | 5.73x |
| 2012-09-30 | 1.86x |
| 2012-06-30 | 3.56x |
| 2012-03-31 | 2.83x |
| 2011-12-31 | 2.95x |
| 2011-09-30 | 2.25x |
| 2011-06-30 | 3.70x |
| 2011-03-31 | 3.00x |
| 2010-12-31 | 3.96x |
| 2010-09-30 | 3.81x |
| 2010-06-30 | 4.06x |
| 2010-03-31 | 4.24x |
| 2009-12-31 | 3.98x |
| 2009-09-30 | 4.43x |
| 2009-06-30 | 4.06x |
| 2009-03-31 | 3.77x |
| 2008-09-30 | 3.80x |
| 2008-03-31 | 4.69x |
| 2007-06-30 | 3.97x |
| 2006-12-31 | 3.90x |
| 2005-12-31 | 3.42x |
| 2005-06-30 | 1.50x |
| 2004-03-31 | 3.14x |
| 2003-12-31 | 3.36x |
| 2003-09-30 | 2.86x |