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 3.10x is 12% above its 5-year average of 2.76x, around the middle of its 5-year range (-15.31x–14.32x).
4.71% above its 12-month average of 2.96x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 1.84x.
INTEREST COVERAGE RATIO
3.10x
INTEREST COVERAGE RATIO AVG TTM
2.96x
INTEREST COVERAGE RATIO AVG 3Y
3.05x
INTEREST COVERAGE RATIO AVG 5Y
2.76x
INTEREST COVERAGE RATIO AVG 10Y
3.43x
INTEREST COVERAGE RATIO AVG 15Y
4.62x
INTEREST COVERAGE RATIO AVG 20Y
4.89x
CURRENT VS TTM AVG
+4.71%
CURRENT VS 3Y AVG
+1.79%
CURRENT VS 5Y AVG
+12.15%
CURRENT VS 10Y AVG
-9.75%
CURRENT VS 15Y AVG
-32.91%
CURRENT VS 20Y AVG
-36.62%
SECTOR MEDIAN · UTILITIES
2.39x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+29.71%
vs the sector median at left
Public Service Enterprise Group Incorporated
Market Cap
$36.07B
Interest Coverage Ratio
3.10x
TTM Avg
2.96x
3Y Avg
3.05x
5Y Avg
2.76x
Market Cap
$36.99B
Interest Coverage Ratio
1.61x
TTM Avg
1.54x
3Y Avg
1.47x
5Y Avg
1.47x
Market Cap
$34.31B
Interest Coverage Ratio
2.65x
TTM Avg
2.65x
3Y Avg
2.91x
5Y Avg
3.13x
Market Cap
$39.23B
Interest Coverage Ratio
2.38x
TTM Avg
2.34x
3Y Avg
2.42x
5Y Avg
2.56x
Market Cap
$29.03B
Interest Coverage Ratio
2.61x
TTM Avg
2.45x
3Y Avg
2.69x
5Y Avg
2.89x
Market Cap
$44.47B
Interest Coverage Ratio
2.42x
TTM Avg
2.34x
3Y Avg
2.33x
5Y Avg
2.19x
Market Cap
$27.59B
Interest Coverage Ratio
2.25x
TTM Avg
2.23x
3Y Avg
2.47x
5Y Avg
2.47x
Market Cap
$27.36B
Interest Coverage Ratio
3.06x
TTM Avg
3.17x
3Y Avg
3.14x
5Y Avg
3.11x
Market Cap
$27.24B
Interest Coverage Ratio
9.09x
TTM Avg
8.10x
3Y Avg
8.23x
5Y Avg
8.92x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Public Service Enterprise Group Incorporated (PEG) | $36.07B | 3.10x | 2.96x | 3.05x | 2.76x |
| PG&E Corporation (PCG)vs › | $36.99B | 1.61x | 1.54x | 1.47x | 1.47x |
| WEC Energy Group, Inc. (WEC)vs › | $34.31B | 2.65x | 2.65x | 2.91x | 3.13x |
| Consolidated Edison, Inc. (ED)vs › | $39.23B | 2.38x | 2.34x | 2.42x | 2.56x |
| Ameren Corporation (AEE)vs › | $29.03B | 2.61x | 2.45x | 2.69x | 2.89x |
| Exelon Corporation (EXC)vs › | $44.47B | 2.42x | 2.34x | 2.33x | 2.19x |
| DTE Energy Company (DTE)vs › | $27.59B | 2.25x | 2.23x | 2.47x | 2.47x |
| American Water Works Company, Inc. (AWK)vs › | $27.36B | 3.06x | 3.17x | 3.14x | 3.11x |
| Atmos Energy Corporation (ATO)vs › | $27.24B | 9.09x | 8.10x | 8.23x | 8.92x |
| FirstEnergy Corp. (FE)vs › | $26.69B | 2.49x | 2.42x | 2.26x | 2.14x |
Interest Coverage
3.1x
Debt/Equity
1.42
Current Ratio
0.88
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 | 1.84x |
| 2026-03-31 | 3.95x |
| 2025-12-31 | 2.33x |
| 2025-09-30 | 3.38x |
| 2025-06-30 | 3.29x |
| 2025-03-31 | 3.31x |
| 2024-12-31 | 2.33x |
| 2024-09-30 | 2.82x |
| 2024-06-30 | 2.67x |
| 2024-03-31 | 3.34x |
| 2023-12-31 | 5.01x |
| 2023-09-30 | 2.98x |
| 2023-06-30 | 4.29x |
| 2023-03-31 | 9.16x |
| 2022-12-31 | 8.53x |
| 2022-09-30 | 1.06x |
| 2022-06-30 | 1.99x |
| 2022-03-31 | -0.38x |
| 2021-12-31 | 14.32x |
| 2021-09-30 | -15.31x |
| 2021-06-30 | -2.30x |
| 2021-03-31 | 5.08x |
| 2020-12-31 | 4.29x |
| 2020-09-30 | 4.25x |
| 2020-06-30 | 3.11x |
| 2020-03-31 | 6.04x |
| 2019-12-31 | 3.40x |
| 2019-09-30 | 3.33x |
| 2019-06-30 | 1.30x |
| 2019-03-31 | 6.14x |
| 2018-12-31 | 3.71x |
| 2018-09-30 | 4.36x |
| 2018-06-30 | 3.70x |
| 2018-03-31 | 8.08x |
| 2017-12-31 | 3.55x |
| 2017-09-30 | 6.93x |
| 2017-06-30 | 2.14x |
| 2017-03-31 | 1.82x |
| 2016-12-31 | -1.80x |
| 2016-09-30 | 5.83x |
| 2016-06-30 | 3.58x |
| 2016-03-31 | 8.99x |
| 2015-12-31 | 5.22x |
| 2015-09-30 | 8.48x |
| 2015-06-30 | 5.86x |
| 2015-03-31 | 10.69x |
| 2014-12-31 | 8.23x |
| 2014-09-30 | 7.46x |
| 2014-06-30 | 3.88x |
| 2014-03-31 | 7.27x |
| 2013-12-31 | 3.69x |
| 2013-09-30 | 7.12x |
| 2013-06-30 | 6.06x |
| 2013-03-31 | 5.98x |
| 2012-12-31 | 4.14x |
| 2012-09-30 | 5.60x |
| 2012-06-30 | 4.20x |
| 2012-03-31 | 7.75x |
| 2011-12-31 | 6.22x |
| 2011-09-30 | 4.75x |
| 2011-06-30 | 5.31x |
| 2011-03-31 | 6.74x |
| 2010-12-31 | 4.86x |
| 2010-09-30 | 8.09x |
| 2010-06-30 | 3.59x |
| 2010-03-31 | 8.16x |
| 2009-12-31 | 5.28x |
| 2009-09-30 | 7.16x |
| 2009-06-30 | 4.79x |
| 2009-03-31 | 6.39x |
| 2008-09-30 | 6.48x |
| 2008-06-30 | 1.21x |
| 2008-03-31 | 5.30x |
