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 9.98x is 47% above its 5-year average of 6.78x, around the middle of its 5-year range (-3.21x–29.46x).
As of the fiscal period ended Tuesday, March 31, 2026. 127.89% above its 12-month average of 4.38x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
9.98x
INTEREST COVERAGE RATIO AVG TTM
4.38x
INTEREST COVERAGE RATIO AVG 3Y
4.93x
INTEREST COVERAGE RATIO AVG 5Y
5.65x
INTEREST COVERAGE RATIO AVG 10Y
4.77x
INTEREST COVERAGE RATIO AVG 15Y
6.89x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+127.89%
CURRENT VS 3Y AVG
+102.44%
CURRENT VS 5Y AVG
+76.65%
CURRENT VS 10Y AVG
+109.22%
CURRENT VS 15Y AVG
+44.86%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
6.56x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+52.00%
vs the sector median at left
Phillips 66
Market Cap
$82.90B
Interest Coverage Ratio
9.98x
TTM Avg
4.38x
3Y Avg
4.93x
5Y Avg
5.65x
Market Cap
$83.79B
Interest Coverage Ratio
4.90x
TTM Avg
5.15x
3Y Avg
5.33x
5Y Avg
5.00x
Market Cap
$77.97B
Interest Coverage Ratio
36.05x
TTM Avg
47.31x
3Y Avg
53.80x
5Y Avg
49.89x
Market Cap
$77.71B
Interest Coverage Ratio
20.86x
TTM Avg
22.36x
3Y Avg
22.66x
5Y Avg
17.91x
Market Cap
$89.82B
Interest Coverage Ratio
7.76x
TTM Avg
7.25x
3Y Avg
15.62x
5Y Avg
13.20x
Market Cap
$90.28B
Interest Coverage Ratio
4.08x
TTM Avg
3.99x
3Y Avg
8.36x
5Y Avg
7.35x
Market Cap
$90.50B
Interest Coverage Ratio
3.05x
TTM Avg
2.75x
3Y Avg
2.91x
5Y Avg
2.62x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Phillips 66 (PSX) | $82.90B | 9.98x | 4.38x | 4.93x | 5.65x |
| Enterprise Products Partners L.P. (EPD)vs › | $83.79B | 4.90x | 5.15x | 5.33x | 5.00x |
| Slb N.V. (SLB)vs › | $78.37B | 9.80x | 11.08x | 10.39x | 8.27x |
| EOG Resources, Inc. (EOG)vs › | $77.97B | 36.05x | 47.31x | 53.80x | 49.89x |
| Suncor Energy Inc. (SU)vs › | $77.71B | 20.86x | 22.36x | 22.66x | 17.91x |
| Eni S.p.A. (E)vs › | $76.03B | 0.55x | 4.25x | 10.14x | 9.27x |
| Valero Energy Corporation (VLO)vs › | $89.82B | 7.76x | 7.25x | 15.62x | 13.20x |
| Marathon Petroleum Corporation (MPC)vs › | $90.28B | 4.08x | 3.99x | 8.36x | 7.35x |
| The Williams Companies, Inc. (WMB)vs › | $90.50B | 3.05x | 2.75x | 2.91x | 2.62x |
| Kinder Morgan, Inc. (KMI)vs › | $73.11B | 2.67x | 2.51x | 2.55x | 2.63x |
Interest Coverage
10.0x
Debt/Equity
0.79
Current Ratio
1.30
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 | 9.98x |
| 2025-12-31 | 5.08x |
| 2025-09-30 | 3.48x |
| 2025-06-30 | 4.11x |
| 2025-03-31 | -0.75x |
| 2024-12-31 | 0.18x |
| 2024-09-30 | -1.90x |
| 2024-06-30 | 3.98x |
| 2024-03-31 | 5.27x |
| 2023-12-31 | 5.67x |
| 2023-09-30 | 14.64x |
| 2023-06-30 | 6.59x |
| 2023-03-31 | 10.64x |
| 2022-12-31 | 11.27x |
| 2022-09-30 | 18.44x |
| 2022-06-30 | 29.46x |
| 2022-03-31 | 7.90x |
| 2021-12-31 | 5.54x |
| 2021-09-30 | 5.43x |
| 2021-06-30 | 0.65x |
| 2021-03-31 | -3.21x |
| 2020-12-31 | -1.76x |
| 2020-09-30 | -3.39x |
| 2020-06-30 | -2.46x |
| 2020-03-31 | -7.63x |
| 2019-12-31 | 4.85x |
| 2019-09-30 | 11.12x |
| 2019-06-30 | 10.55x |
| 2019-03-31 | 2.03x |
| 2018-12-31 | 13.45x |
| 2018-09-30 | 12.26x |
| 2018-06-30 | 10.99x |
| 2018-03-31 | 3.23x |
| 2017-12-31 | 4.73x |
| 2017-09-30 | 3.84x |
| 2017-06-30 | 2.87x |
| 2017-03-31 | -0.27x |
| 2016-12-31 | 0.35x |
| 2016-09-30 | 5.42x |
| 2016-06-30 | 4.00x |
| 2016-03-31 | 3.62x |
| 2015-12-31 | 9.85x |
| 2015-09-30 | 22.91x |
| 2015-06-30 | 11.61x |
| 2015-03-31 | 9.67x |
| 2014-12-31 | 11.81x |
| 2014-09-30 | 17.98x |
| 2014-06-30 | 9.35x |
| 2014-03-31 | 7.27x |
| 2013-12-31 | 5.46x |
| 2013-09-30 | 3.34x |
| 2013-06-30 | 10.97x |
| 2013-03-31 | 14.74x |
| 2012-12-31 | 11.46x |
| 2012-09-30 | 24.28x |
| 2012-06-30 | 17.41x |
| 2012-03-31 | 28.92x |
| 2011-12-31 | 308.33x |
| 2011-09-30 | 300.50x |
| 2011-06-30 | 272.67x |
| 2011-03-31 | 91.50x |
| 2010-12-31 | -106.00x |
