Basis: Trailing twelve months (TTM). 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 3.26x is in line with its 5-year average of 3.25x, around the middle of its 5-year range (2.76x–3.67x).
5.08% above its 12-month average of 3.10x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 2.93x.
INTEREST COVERAGE RATIO
3.26x
INTEREST COVERAGE RATIO AVG TTM
3.10x
INTEREST COVERAGE RATIO AVG 3Y
3.29x
INTEREST COVERAGE RATIO AVG 5Y
3.25x
INTEREST COVERAGE RATIO AVG 10Y
3.33x
INTEREST COVERAGE RATIO AVG 15Y
2.96x
INTEREST COVERAGE RATIO AVG 20Y
2.69x
CURRENT VS TTM AVG
+5.08%
CURRENT VS 3Y AVG
-0.77%
CURRENT VS 5Y AVG
+0.34%
CURRENT VS 10Y AVG
-1.97%
CURRENT VS 15Y AVG
+10.26%
CURRENT VS 20Y AVG
+21.34%
SECTOR MEDIAN · REAL ESTATE
2.72x
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+19.85%
vs the sector median at left
Simon Property Group, Inc.
Market Cap
$66.29B
Interest Coverage Ratio
3.26x
TTM Avg
3.10x
3Y Avg
3.29x
5Y Avg
3.25x
Market Cap
$67.22B
Interest Coverage Ratio
1.50x
TTM Avg
1.27x
3Y Avg
1.43x
5Y Avg
1.62x
Market Cap
$55.31B
Interest Coverage Ratio
7.40x
TTM Avg
7.53x
3Y Avg
10.62x
5Y Avg
14.39x
Market Cap
$54.80B
Interest Coverage Ratio
N/A
TTM Avg
1.84x
3Y Avg
2.21x
5Y Avg
2.40x
Market Cap
$83.37B
Interest Coverage Ratio
4.79x
TTM Avg
4.00x
3Y Avg
3.17x
5Y Avg
3.32x
Market Cap
$43.42B
Interest Coverage Ratio
1.35x
TTM Avg
1.24x
3Y Avg
1.06x
5Y Avg
1.07x
Market Cap
$40.68B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
Market Cap
$33.93B
Interest Coverage Ratio
1.69x
TTM Avg
1.53x
3Y Avg
1.68x
5Y Avg
1.82x
Market Cap
$100.66B
Interest Coverage Ratio
3.25x
TTM Avg
3.08x
3Y Avg
3.28x
5Y Avg
3.17x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Simon Property Group, Inc. (SPG) | $66.29B | 3.26x | 3.10x | 3.29x | 3.25x |
| Digital Realty Trust, Inc. (DLR)vs › | $67.22B | 1.50x | 1.27x | 1.43x | 1.62x |
| Public Storage (PSA)vs › | $55.31B | 7.40x | 7.53x | 10.62x | 14.39x |
| Realty Income Corporation (O)vs › | $54.80B | N/A | 1.84x | 2.21x | 2.40x |
| American Tower Corporation (AMT)vs › | $83.37B | 4.79x | 4.00x | 3.17x | 3.32x |
| Ventas, Inc. (VTR)vs › | $43.42B | 1.35x | 1.24x | 1.06x | 1.07x |
| CBRE Group, Inc. (CBRE)vs › | $40.68B | 5.80x | 6.19x | 10.45x | 14.77x |
| Iron Mountain Incorporated (IRM)vs › | $33.93B | 1.69x | 1.53x | 1.68x | 1.82x |
| Equinix, Inc. (EQIX)vs › | $100.66B | 3.25x | 3.08x | 3.28x | 3.17x |
| Crown Castle Inc. (CCI)vs › | $32.29B | 2.17x | 2.17x | 2.89x | 2.96x |
Interest Coverage
3.3x
Debt/Equity
6.64
Current Ratio
1.05
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 | 2.93x |
| 2026-03-31 | 2.76x |
| 2025-12-31 | 3.27x |
| 2025-09-30 | 3.35x |
| 2025-06-30 | 3.20x |
| 2025-03-31 | 3.21x |
| 2024-12-31 | 3.67x |
| 2024-09-30 | 3.39x |
| 2024-06-30 | 3.41x |
| 2024-03-31 | 3.19x |
| 2023-12-31 | 3.52x |
| 2023-09-30 | 3.27x |
| 2023-06-30 | 3.02x |
| 2023-03-31 | 3.32x |
| 2022-12-31 | 3.41x |
| 2022-09-30 | 3.47x |
| 2022-06-30 | 3.35x |
| 2022-03-31 | 3.35x |
| 2021-12-31 | 3.06x |
| 2021-09-30 | 3.07x |
| 2021-06-30 | 3.02x |
| 2021-03-31 | 2.99x |
| 2020-12-31 | 2.34x |
| 2020-09-30 | 2.00x |
| 2020-06-30 | 2.29x |
| 2020-03-31 | 3.49x |
| 2019-12-31 | 4.09x |
| 2019-09-30 | 3.49x |
| 2019-06-30 | 3.43x |
| 2019-03-31 | 3.75x |
| 2018-12-31 | 3.69x |
| 2018-09-30 | 3.62x |
| 2018-06-30 | 3.52x |
| 2018-03-31 | 3.42x |
| 2017-12-31 | 3.66x |
| 2017-09-30 | 3.47x |
| 2017-06-30 | 3.31x |
| 2017-03-31 | 3.41x |
| 2016-12-31 | 3.34x |
| 2016-09-30 | 3.15x |
| 2016-06-30 | 3.08x |
| 2016-03-31 | 3.12x |
| 2015-12-31 | 3.07x |
| 2015-09-30 | 2.86x |
| 2015-06-30 | 3.04x |
| 2015-03-31 | 2.58x |
| 2014-12-31 | 2.80x |
| 2014-09-30 | 2.43x |
| 2014-06-30 | 2.20x |
| 2014-03-31 | 2.21x |
| 2013-12-31 | 2.41x |
| 2013-09-30 | 2.03x |
| 2013-06-30 | 1.92x |
| 2013-03-31 | 1.96x |
| 2012-12-31 | 2.14x |
| 2012-09-30 | 1.96x |
| 2012-06-30 | 1.82x |
| 2012-03-31 | 2.00x |
| 2011-12-31 | 2.16x |
| 2011-09-30 | 1.98x |
| 2011-06-30 | 1.91x |
| 2011-03-31 | 1.82x |
| 2010-12-31 | 2.00x |
| 2010-09-30 | 1.60x |
| 2010-06-30 | 1.59x |
| 2010-03-31 | 1.62x |
| 2009-12-31 | 1.61x |
| 2009-09-30 | 1.52x |
| 2009-06-30 | 0.92x |
| 2009-03-31 | 1.61x |
| 2008-12-31 | 1.82x |
| 2008-09-30 | 1.60x |
| 2008-06-30 | 1.63x |
| 2008-03-31 | 1.53x |
| 2007-09-30 | 1.59x |
| 2007-06-30 | 1.37x |
