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 13.62x is 70% above its 5-year average of 8.00x, around the middle of its 5-year range (0.63x–25.72x).
As of the fiscal period ended Tuesday, June 30, 2026. 95.86% above its 12-month average of 6.96x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
13.62x
INTEREST COVERAGE RATIO AVG TTM
6.96x
INTEREST COVERAGE RATIO AVG 3Y
6.20x
INTEREST COVERAGE RATIO AVG 5Y
8.00x
INTEREST COVERAGE RATIO AVG 10Y
5.97x
INTEREST COVERAGE RATIO AVG 15Y
8.55x
INTEREST COVERAGE RATIO AVG 20Y
11.44x
CURRENT VS TTM AVG
+95.86%
CURRENT VS 3Y AVG
+119.66%
CURRENT VS 5Y AVG
+70.20%
CURRENT VS 10Y AVG
+128.06%
CURRENT VS 15Y AVG
+59.42%
CURRENT VS 20Y AVG
+19.06%
SECTOR MEDIAN · ENERGY
6.56x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+107.52%
vs the sector median at left
Shell plc
Market Cap
$252.24B
Interest Coverage Ratio
13.62x
TTM Avg
6.96x
3Y Avg
6.20x
5Y Avg
8.00x
Market Cap
$154.46B
Interest Coverage Ratio
9.32x
TTM Avg
10.43x
3Y Avg
14.82x
5Y Avg
14.06x
Market Cap
$398.34B
Interest Coverage Ratio
13.70x
TTM Avg
31.34x
3Y Avg
53.04x
5Y Avg
46.96x
Market Cap
$103.76B
Interest Coverage Ratio
4.08x
TTM Avg
3.99x
3Y Avg
8.36x
5Y Avg
7.35x
Market Cap
$100.05B
Interest Coverage Ratio
7.92x
TTM Avg
16.44x
3Y Avg
17.51x
5Y Avg
16.57x
Market Cap
$98.38B
Interest Coverage Ratio
7.76x
TTM Avg
7.25x
3Y Avg
15.62x
5Y Avg
13.20x
Market Cap
$93.66B
Interest Coverage Ratio
3.39x
TTM Avg
2.98x
3Y Avg
7.86x
5Y Avg
6.71x
Market Cap
$91.98B
Interest Coverage Ratio
3.05x
TTM Avg
2.75x
3Y Avg
2.91x
5Y Avg
2.62x
Market Cap
$84.16B
Interest Coverage Ratio
4.90x
TTM Avg
5.15x
3Y Avg
5.33x
5Y Avg
5.00x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shell plc (SHEL) | $252.24B | 13.62x | 6.96x | 6.20x | 8.00x |
| ConocoPhillips (COP)vs › | $154.46B | 9.32x | 10.43x | 14.82x | 14.06x |
| Chevron Corporation (CVX)vs › | $398.34B | 13.70x | 31.34x | 53.04x | 46.96x |
| Marathon Petroleum Corporation (MPC)vs › | $103.76B | 4.08x | 3.99x | 8.36x | 7.35x |
| Canadian Natural Resources Limited (CNQ)vs › | $100.05B | 7.92x | 16.44x | 17.51x | 16.57x |
| Valero Energy Corporation (VLO)vs › | $98.38B | 7.76x | 7.25x | 15.62x | 13.20x |
| Phillips 66 (PSX)vs › | $93.66B | 3.39x | 2.98x | 7.86x | 6.71x |
| The Williams Companies, Inc. (WMB)vs › | $91.98B | 3.05x | 2.75x | 2.91x | 2.62x |
| Enterprise Products Partners L.P. (EPD)vs › | $84.16B | 4.90x | 5.15x | 5.33x | 5.00x |
| Eni S.p.A. (E)vs › | $80.09B | 0.55x | 4.25x | 10.14x | 9.27x |
Interest Coverage
13.6x
Debt/Equity
0.40
Current Ratio
1.43
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 | 13.62x |
| 2026-03-31 | 7.04x |
| 2025-12-31 | 2.50x |
| 2025-09-30 | 6.02x |
| 2025-06-30 | 5.59x |
| 2025-03-31 | 8.46x |
| 2024-12-31 | 1.88x |
| 2024-09-30 | 6.31x |
| 2024-06-30 | 6.51x |
| 2024-03-31 | 8.77x |
| 2023-12-31 | 5.64x |
| 2023-09-30 | 9.69x |
| 2023-06-30 | 6.01x |
| 2023-03-31 | 12.05x |
| 2022-12-31 | 19.06x |
| 2022-09-30 | 13.10x |
| 2022-06-30 | 25.72x |
| 2022-03-31 | 7.60x |
| 2021-12-31 | 12.76x |
| 2021-09-30 | 0.63x |
| 2021-06-30 | 6.84x |
| 2021-03-31 | 6.37x |
| 2020-12-31 | 6.30x |
| 2020-09-30 | 0.74x |
| 2020-06-30 | -20.81x |
| 2020-03-31 | 0.73x |
| 2019-12-31 | 2.55x |
| 2019-09-30 | 5.67x |
| 2019-06-30 | 3.89x |
| 2019-03-31 | 7.45x |
| 2018-12-31 | 6.67x |
| 2018-09-30 | 10.17x |
| 2018-06-30 | 8.65x |
| 2018-03-31 | 7.93x |
| 2017-12-31 | 5.56x |
| 2017-09-30 | 4.72x |
| 2017-06-30 | 2.25x |
| 2017-03-31 | 2.67x |
| 2016-12-31 | 1.99x |
| 2016-09-30 | 1.82x |
| 2016-06-30 | -0.16x |
| 2016-03-31 | -3.92x |
| 2015-12-31 | -3.38x |
| 2015-09-30 | -17.22x |
| 2015-06-30 | 9.64x |
| 2015-03-31 | 8.18x |
| 2014-12-31 | 2.71x |
| 2014-09-30 | 15.73x |
| 2014-06-30 | 11.04x |
| 2014-03-31 | 14.55x |
| 2013-12-31 | 8.92x |
| 2013-09-30 | 19.41x |
| 2013-06-30 | 10.74x |
| 2013-03-31 | 27.42x |
| 2012-12-31 | 21.80x |
| 2012-09-30 | 23.58x |
| 2012-06-30 | 18.44x |
| 2012-03-31 | 21.91x |
| 2011-12-31 | 29.75x |
| 2011-09-30 | 31.19x |
| 2011-06-30 | 33.20x |
| 2011-03-31 | 30.12x |
| 2010-12-31 | 56.38x |
| 2010-09-30 | 11.58x |
| 2010-06-30 | 46.72x |
| 2010-03-31 | 37.97x |
| 2009-12-31 | 1969.00x |
| 2009-09-30 | 23.74x |
| 2009-06-30 | 36.20x |
| 2009-03-31 | 32.33x |
| 2008-09-30 | 10.58x |
| 2008-06-30 | 123.61x |
| 2005-06-30 | 231.15x |
| 2005-03-31 | 139.96x |
| 2004-12-31 | 12.35x |