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 2.50x is 14% below its 5-year average of 2.92x, near the low end of its 5-year range (0.53x–7.30x).
As of the fiscal period ended Tuesday, June 30, 2026. 22.27% below its 12-month average of 3.22x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.50x
INTEREST COVERAGE RATIO AVG TTM
3.22x
INTEREST COVERAGE RATIO AVG 3Y
2.78x
INTEREST COVERAGE RATIO AVG 5Y
2.92x
INTEREST COVERAGE RATIO AVG 10Y
3.37x
INTEREST COVERAGE RATIO AVG 15Y
3.67x
INTEREST COVERAGE RATIO AVG 20Y
3.51x
CURRENT VS TTM AVG
-22.27%
CURRENT VS 3Y AVG
-9.99%
CURRENT VS 5Y AVG
-14.39%
CURRENT VS 10Y AVG
-25.73%
CURRENT VS 15Y AVG
-31.80%
CURRENT VS 20Y AVG
-28.73%
SECTOR MEDIAN · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+4.88%
vs the sector median at left
Pinnacle West Capital Corporation
Market Cap
$12.24B
Interest Coverage Ratio
2.50x
TTM Avg
3.22x
3Y Avg
2.78x
5Y Avg
2.92x
Market Cap
$10.50B
Interest Coverage Ratio
1.39x
TTM Avg
1.36x
3Y Avg
1.67x
5Y Avg
2.06x
Market Cap
$10.16B
Interest Coverage Ratio
0.35x
TTM Avg
0.45x
3Y Avg
0.68x
5Y Avg
0.99x
Market Cap
$15.78B
Interest Coverage Ratio
0.05x
TTM Avg
0.37x
3Y Avg
0.32x
5Y Avg
0.32x
Market Cap
$8.31B
Interest Coverage Ratio
0.45x
TTM Avg
0.55x
3Y Avg
2.05x
5Y Avg
1.64x
Market Cap
$7.33B
Interest Coverage Ratio
2.69x
TTM Avg
2.32x
3Y Avg
3.23x
5Y Avg
4.09x
Market Cap
$17.92B
Interest Coverage Ratio
2.00x
TTM Avg
1.98x
3Y Avg
2.30x
5Y Avg
2.43x
Market Cap
$5.68B
Interest Coverage Ratio
2.60x
TTM Avg
2.59x
3Y Avg
2.65x
5Y Avg
2.71x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Pinnacle West Capital Corporation (PNW) | $12.24B | 2.50x | 3.22x | 2.78x | 2.92x |
| The AES Corporation (AES)vs › | $10.50B | 1.39x | 1.36x | 1.67x | 2.06x |
| Brookfield Renewable Partners L.P. (BEP)vs › | $10.16B | 0.35x | 0.45x | 0.68x | 0.99x |
| Talen Energy Corporation (TLN)vs › | $15.78B | 0.05x | 0.37x | 0.32x | 0.32x |
| Oklo Inc. (OKLO)vs › | $8.42B | N/A | N/A | N/A | N/A |
| Clearway Energy, Inc. (CWEN-A)vs › | $8.31B | 0.45x | 0.55x | 2.05x | 1.64x |
| UGI Corporation (UGI)vs › | $7.33B | 2.69x | 2.32x | 3.23x | 4.09x |
| Alliant Energy Corporation (LNT)vs › | $17.92B | 2.00x | 1.98x | 2.30x | 2.43x |
| Black Hills Corporation (BKH)vs › | $5.68B | 2.60x | 2.59x | 2.65x | 2.71x |
| Evergy, Inc. (EVRG)vs › | $19.22B | 2.42x | 2.50x | 2.65x | 2.88x |
Interest Coverage
2.5x
Debt/Equity
0.85
Current Ratio
N/A
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 | 2.50x |
| 2026-03-31 | 3.46x |
| 2025-12-31 | 1.27x |
| 2025-09-30 | 5.84x |
| 2025-06-30 | 3.02x |
| 2025-03-31 | 0.60x |
| 2024-12-31 | 0.89x |
| 2024-09-30 | 5.58x |
| 2024-06-30 | 3.21x |
| 2024-03-31 | 0.77x |
| 2023-12-31 | 0.86x |
| 2023-09-30 | 5.88x |
| 2023-06-30 | 2.25x |
| 2023-03-31 | 0.67x |
| 2022-12-31 | 0.53x |
| 2022-09-30 | 6.58x |
| 2022-06-30 | 3.59x |
| 2022-03-31 | 0.89x |
| 2021-12-31 | 0.83x |
| 2021-09-30 | 7.30x |
| 2021-06-30 | 4.83x |
| 2021-03-31 | 0.83x |
| 2020-12-31 | 0.52x |
| 2020-09-30 | 8.01x |
| 2020-06-30 | 4.52x |
| 2020-03-31 | 0.73x |
| 2019-12-31 | 0.22x |
| 2019-09-30 | 7.47x |
| 2019-06-30 | 3.71x |
| 2019-03-31 | 1.11x |
| 2018-12-31 | 1.19x |
| 2018-09-30 | 7.78x |
| 2018-06-30 | 4.45x |
| 2018-03-31 | 0.60x |
| 2017-12-31 | 1.79x |
| 2017-09-30 | 9.26x |
| 2017-06-30 | 5.94x |
| 2017-03-31 | 1.42x |
| 2016-12-31 | 2.69x |
| 2016-09-30 | 9.61x |
| 2016-06-30 | 4.87x |
| 2016-03-31 | 1.10x |
| 2015-12-31 | 2.46x |
| 2015-09-30 | 9.71x |
| 2015-06-30 | 5.27x |
| 2015-03-31 | 1.53x |
| 2014-12-31 | 1.36x |
| 2014-09-30 | 9.55x |
| 2014-06-30 | 5.30x |
| 2014-03-31 | 1.53x |
| 2013-12-31 | 1.80x |
| 2013-09-30 | 8.78x |
| 2013-06-30 | 5.45x |
| 2013-03-31 | 1.91x |
| 2012-12-31 | 2.12x |
| 2012-09-30 | 9.25x |
| 2012-06-30 | 4.80x |
| 2012-03-31 | 0.89x |
| 2011-12-31 | 1.44x |
| 2011-09-30 | 7.90x |
| 2011-06-30 | 3.50x |
| 2011-03-31 | 0.62x |
| 2010-12-31 | 1.02x |
| 2010-09-30 | 7.37x |
| 2010-06-30 | 3.49x |
| 2010-03-31 | 0.98x |
| 2009-12-31 | 0.45x |
| 2009-09-30 | 6.25x |
| 2009-06-30 | 3.09x |
| 2009-03-31 | -3.79x |
| 2008-09-30 | 5.39x |
| 2008-06-30 | 3.41x |
| 2008-03-31 | 0.66x |
| 2007-09-30 | 6.43x |
| 2007-06-30 | 3.00x |
| 2007-03-31 | 1.34x |
| 2006-09-30 | 6.14x |
| 2006-06-30 | 4.17x |
| 2006-03-31 | 1.20x |
| 2005-09-30 | 3.45x |
| 2005-06-30 | 3.59x |
| 2005-03-31 | 1.87x |
| 2004-09-30 | 4.23x |
| 2004-06-30 | 2.75x |
| 2004-03-31 | 1.67x |
| 2003-09-30 | 3.75x |
| 2003-06-30 | 2.59x |
