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 -2.23x is 204% below its 5-year average of 2.14x, near the low end of its 5-year range (-2.23x–4.29x).
As of the fiscal period ended Tuesday, June 30, 2026. 264.94% below its 12-month average of 1.35x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
-2.23x
INTEREST COVERAGE RATIO AVG TTM
1.35x
INTEREST COVERAGE RATIO AVG 3Y
2.46x
INTEREST COVERAGE RATIO AVG 5Y
2.36x
INTEREST COVERAGE RATIO AVG 10Y
2.64x
INTEREST COVERAGE RATIO AVG 15Y
3.28x
INTEREST COVERAGE RATIO AVG 20Y
3.45x
CURRENT VS TTM AVG
-264.94%
CURRENT VS 3Y AVG
-190.65%
CURRENT VS 5Y AVG
-194.41%
CURRENT VS 10Y AVG
-184.43%
CURRENT VS 15Y AVG
-167.98%
CURRENT VS 20Y AVG
-164.67%
SECTOR MEDIAN · UTILITIES
2.38x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
-193.55%
vs the sector median at left
The Southern Company
Market Cap
$106.57B
Interest Coverage Ratio
-2.23x
TTM Avg
1.35x
3Y Avg
2.46x
5Y Avg
2.36x
Market Cap
$97.78B
Interest Coverage Ratio
2.36x
TTM Avg
2.35x
3Y Avg
2.38x
5Y Avg
2.35x
Market Cap
$94.35B
Interest Coverage Ratio
6.04x
TTM Avg
7.32x
3Y Avg
5.09x
5Y Avg
4.21x
Market Cap
$69.56B
Interest Coverage Ratio
2.61x
TTM Avg
2.58x
3Y Avg
2.47x
5Y Avg
2.53x
Market Cap
$60.84B
Interest Coverage Ratio
2.18x
TTM Avg
1.95x
3Y Avg
1.85x
5Y Avg
1.74x
Market Cap
$50.22B
Interest Coverage Ratio
2.28x
TTM Avg
2.29x
3Y Avg
2.31x
5Y Avg
2.29x
Market Cap
$48.82B
Interest Coverage Ratio
2.14x
TTM Avg
2.08x
3Y Avg
2.31x
5Y Avg
2.43x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| The Southern Company (SO) | $106.57B | -2.23x | 1.35x | 2.46x | 2.36x |
| Duke Energy Corporation (DUK)vs › | $97.78B | 2.36x | 2.35x | 2.38x | 2.35x |
| Constellation Energy Corporation (CEG)vs › | $94.35B | 6.04x | 7.32x | 5.09x | 4.21x |
| American Electric Power Company, Inc. (AEP)vs › | $69.56B | 2.61x | 2.58x | 2.47x | 2.53x |
| Dominion Energy, Inc. (D)vs › | $60.84B | 2.18x | 1.95x | 1.85x | 1.74x |
| Sempra (SRE)vs › | $57.89B | 2.12x | 2.15x | 2.51x | 2.53x |
| Entergy Corporation (ETR)vs › | $50.22B | 2.28x | 2.29x | 2.31x | 2.29x |
| Vistra Corp. (VST)vs › | $49.97B | 1.13x | 3.41x | 3.78x | 4.03x |
| Xcel Energy Inc. (XEL)vs › | $48.82B | 2.14x | 2.08x | 2.31x | 2.43x |
| Exelon Corporation (EXC)vs › | $46.88B | 2.42x | 2.34x | 2.33x | 2.19x |
Interest Coverage
-2.2x
Debt/Equity
1.83
Current Ratio
0.65
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 | -2.23x |
| 2026-03-31 | 2.59x |
| 2025-12-31 | 0.95x |
| 2025-09-30 | 3.44x |
| 2025-06-30 | 2.02x |
| 2025-03-31 | 2.82x |
| 2024-12-31 | 1.53x |
| 2024-09-30 | 3.42x |
| 2024-06-30 | 2.79x |
| 2024-03-31 | 2.56x |
| 2023-12-31 | 1.90x |
| 2023-09-30 | 3.40x |
| 2023-06-30 | 2.11x |
| 2023-03-31 | 2.09x |
| 2022-12-31 | 0.25x |
| 2022-09-30 | 4.29x |
| 2022-06-30 | 3.39x |
| 2022-03-31 | 3.00x |
| 2021-12-31 | -0.68x |
| 2021-09-30 | 3.82x |
| 2021-06-30 | 1.57x |
| 2021-03-31 | 3.55x |
| 2020-12-31 | 1.53x |
| 2020-09-30 | 4.14x |
| 2020-06-30 | 2.38x |
| 2020-03-31 | 2.77x |
| 2019-12-31 | 1.56x |
| 2019-09-30 | 4.64x |
| 2019-06-30 | 3.13x |
| 2019-03-31 | 8.58x |
| 2018-12-31 | 1.27x |
| 2018-09-30 | 4.75x |
| 2018-06-30 | 0.13x |
| 2018-03-31 | 3.00x |
| 2017-12-31 | 1.78x |
| 2017-09-30 | 4.89x |
| 2017-06-30 | -3.89x |
| 2017-03-31 | 3.01x |
| 2016-12-31 | 1.45x |
| 2016-09-30 | 5.13x |
| 2016-06-30 | 4.04x |
| 2016-03-31 | 3.82x |
| 2015-12-31 | 2.54x |
| 2015-09-30 | 7.56x |
| 2015-06-30 | 6.10x |
| 2015-03-31 | 4.49x |
| 2014-12-31 | 2.65x |
| 2014-09-30 | 6.17x |
| 2014-06-30 | 5.25x |
| 2014-03-31 | 3.40x |
| 2013-12-31 | 4.08x |
| 2013-09-30 | 7.38x |
| 2013-06-30 | 2.98x |
| 2013-03-31 | 1.54x |
| 2012-12-31 | 3.88x |
| 2012-09-30 | 7.98x |
| 2012-06-30 | 5.20x |
| 2012-03-31 | 3.63x |
| 2011-12-31 | 2.69x |
| 2011-09-30 | 7.61x |
| 2011-06-30 | 5.71x |
| 2011-03-31 | 3.85x |
| 2010-12-31 | 2.06x |
| 2010-09-30 | 6.48x |
| 2010-06-30 | 4.34x |
| 2010-03-31 | 4.15x |
| 2009-12-31 | 2.17x |
| 2009-09-30 | 6.25x |
| 2009-06-30 | 3.81x |
| 2009-03-31 | 2.17x |
| 2008-12-31 | 2.34x |
| 2008-09-30 | 6.41x |
| 2008-06-30 | 4.04x |
| 2008-03-31 | 3.26x |
| 2007-12-31 | 1.92x |
| 2007-09-30 | 5.93x |
| 2007-06-30 | 3.79x |
| 2006-12-31 | 2.02x |
| 2006-09-30 | 6.29x |
| 2006-06-30 | 3.82x |
| 2005-09-30 | 6.58x |
