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 3.31x is 32% above its 5-year average of 2.51x, near the high end of its 5-year range (0.57x–4.20x).
As of the fiscal period ended Tuesday, March 31, 2026. 18.91% above its 12-month average of 2.78x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
3.31x
INTEREST COVERAGE RATIO AVG TTM
2.78x
INTEREST COVERAGE RATIO AVG 3Y
2.55x
INTEREST COVERAGE RATIO AVG 5Y
2.52x
INTEREST COVERAGE RATIO AVG 10Y
2.82x
INTEREST COVERAGE RATIO AVG 15Y
2.92x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+18.91%
CURRENT VS 3Y AVG
+29.68%
CURRENT VS 5Y AVG
+31.15%
CURRENT VS 10Y AVG
+17.53%
CURRENT VS 15Y AVG
+13.51%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+38.76%
vs the sector median at left
PPL Corporation
Market Cap
$26.48B
Interest Coverage Ratio
3.31x
TTM Avg
2.78x
3Y Avg
2.55x
5Y Avg
2.52x
Market Cap
$26.63B
Interest Coverage Ratio
3.06x
TTM Avg
3.17x
3Y Avg
3.14x
5Y Avg
3.11x
Market Cap
$27.20B
Interest Coverage Ratio
4.61x
TTM Avg
3.09x
3Y Avg
2.27x
5Y Avg
2.01x
Market Cap
$27.34B
Interest Coverage Ratio
2.40x
TTM Avg
2.42x
3Y Avg
2.72x
5Y Avg
3.00x
Market Cap
$27.39B
Interest Coverage Ratio
2.34x
TTM Avg
2.35x
3Y Avg
2.55x
5Y Avg
2.46x
Market Cap
$27.94B
Interest Coverage Ratio
2.49x
TTM Avg
2.42x
3Y Avg
2.26x
5Y Avg
2.14x
Market Cap
$24.69B
Interest Coverage Ratio
2.40x
TTM Avg
3.06x
3Y Avg
2.89x
5Y Avg
3.53x
Market Cap
$28.82B
Interest Coverage Ratio
9.09x
TTM Avg
8.10x
3Y Avg
8.23x
5Y Avg
8.92x
Market Cap
$29.49B
Interest Coverage Ratio
2.25x
TTM Avg
2.23x
3Y Avg
2.47x
5Y Avg
2.47x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PPL Corporation (PPL) | $26.48B | 3.31x | 2.78x | 2.55x | 2.52x |
| American Water Works Company, Inc. (AWK)vs › | $26.63B | 3.06x | 3.17x | 3.14x | 3.11x |
| Edison International (EIX)vs › | $27.20B | 4.61x | 3.09x | 2.27x | 2.01x |
| Eversource Energy (ES)vs › | $27.34B | 2.40x | 2.42x | 2.72x | 3.00x |
| CenterPoint Energy, Inc. (CNP)vs › | $27.39B | 2.34x | 2.35x | 2.55x | 2.46x |
| FirstEnergy Corp. (FE)vs › | $27.94B | 2.49x | 2.42x | 2.26x | 2.14x |
| NRG Energy, Inc. (NRG)vs › | $24.69B | 2.40x | 3.06x | 2.89x | 3.53x |
| Atmos Energy Corporation (ATO)vs › | $28.82B | 9.09x | 8.10x | 8.23x | 8.92x |
| DTE Energy Company (DTE)vs › | $29.49B | 2.25x | 2.23x | 2.47x | 2.47x |
| Ameren Corporation (AEE)vs › | $30.29B | 2.61x | 2.45x | 2.69x | 2.89x |
Interest Coverage
3.3x
Debt/Equity
1.35
Current Ratio
1.00
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 |
|---|---|
| 2026-03-31 | 3.31x |
| 2025-12-31 | 2.28x |
| 2025-09-30 | 2.71x |
| 2025-06-30 | 2.05x |
| 2025-03-31 | 3.57x |
| 2024-12-31 | 1.99x |
| 2024-09-30 | 2.28x |
| 2024-06-30 | 2.14x |
| 2024-03-31 | 3.04x |
| 2023-12-31 | 2.27x |
| 2023-09-30 | 2.65x |
| 2023-06-30 | 1.85x |
| 2023-03-31 | 3.04x |
| 2022-12-31 | 2.30x |
| 2022-09-30 | 2.51x |
| 2022-06-30 | 2.04x |
| 2022-03-31 | 4.20x |
| 2021-12-31 | 2.85x |
| 2021-09-30 | 2.36x |
| 2021-06-30 | 0.57x |
| 2021-03-31 | 2.71x |
| 2020-12-31 | 2.80x |
| 2020-09-30 | 2.71x |
| 2020-06-30 | 2.12x |
| 2020-03-31 | 2.75x |
| 2019-12-31 | 2.79x |
| 2019-09-30 | 2.80x |
| 2019-06-30 | 2.60x |
| 2019-03-31 | 3.24x |
| 2018-12-31 | 2.68x |
| 2018-09-30 | 2.81x |
| 2018-06-30 | 2.80x |
| 2018-03-31 | 3.56x |
| 2017-12-31 | 3.42x |
| 2017-09-30 | 3.20x |
| 2017-06-30 | 2.96x |
| 2017-03-31 | 3.49x |
| 2016-12-31 | 3.29x |
| 2016-09-30 | 3.52x |
| 2016-06-30 | 3.24x |
| 2016-03-31 | 3.67x |
| 2015-12-31 | 2.73x |
| 2015-09-30 | 3.10x |
| 2015-06-30 | 2.97x |
| 2015-03-31 | 4.26x |
| 2014-12-31 | 3.95x |
| 2014-09-30 | 3.23x |
| 2014-06-30 | 3.26x |
| 2014-03-31 | 2.76x |
| 2013-12-31 | 0.12x |
| 2013-09-30 | 3.47x |
| 2013-06-30 | 2.94x |
| 2013-03-31 | 2.76x |
| 2012-12-31 | 3.33x |
| 2012-09-30 | 2.68x |
| 2012-06-30 | 2.42x |
| 2012-03-31 | 4.57x |
| 2011-12-31 | 4.25x |
| 2011-09-30 | 3.20x |
| 2011-06-30 | 2.25x |
| 2011-03-31 | 4.63x |
| 2010-12-31 | 3.57x |
| 2010-09-30 | 3.05x |
| 2010-06-30 | 1.73x |
| 2010-03-31 | 4.29x |
| 2009-12-31 | 2.59x |
| 2009-09-30 | 1.64x |
| 2009-06-30 | 1.05x |
| 2009-03-31 | 4.63x |
| 2008-09-30 | 3.23x |
| 2008-06-30 | 3.56x |
| 2008-03-31 | 4.44x |
