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 2.76x is 15% below its 5-year average of 3.25x, near the low end of its 5-year range (2.76x–3.67x).
As of the fiscal period ended Tuesday, March 31, 2026. 12.43% below its 12-month average of 3.16x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
2.76x
INTEREST COVERAGE RATIO AVG TTM
3.16x
INTEREST COVERAGE RATIO AVG 3Y
3.32x
INTEREST COVERAGE RATIO AVG 5Y
3.25x
INTEREST COVERAGE RATIO AVG 10Y
3.33x
INTEREST COVERAGE RATIO AVG 15Y
2.94x
INTEREST COVERAGE RATIO AVG 20Y
2.68x
CURRENT VS TTM AVG
-12.43%
CURRENT VS 3Y AVG
-16.67%
CURRENT VS 5Y AVG
-14.97%
CURRENT VS 10Y AVG
-16.99%
CURRENT VS 15Y AVG
-5.91%
CURRENT VS 20Y AVG
+3.04%
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+5.13%
vs the sector median at left
Simon Property Group, Inc.
Market Cap
$74.38B
Interest Coverage Ratio
2.76x
TTM Avg
3.16x
3Y Avg
3.32x
5Y Avg
3.25x
Market Cap
$69.75B
Interest Coverage Ratio
1.50x
TTM Avg
1.27x
3Y Avg
1.43x
5Y Avg
1.62x
Market Cap
$80.78B
Interest Coverage Ratio
4.79x
TTM Avg
4.00x
3Y Avg
3.17x
5Y Avg
3.32x
Market Cap
$60.45B
Interest Coverage Ratio
7.40x
TTM Avg
7.53x
3Y Avg
10.62x
5Y Avg
14.39x
Market Cap
$59.56B
Interest Coverage Ratio
1.42x
TTM Avg
1.84x
3Y Avg
2.21x
5Y Avg
2.40x
Market Cap
$100.57B
Interest Coverage Ratio
3.25x
TTM Avg
3.08x
3Y Avg
3.28x
5Y Avg
3.17x
Market Cap
$45.46B
Interest Coverage Ratio
1.35x
TTM Avg
1.24x
3Y Avg
1.06x
5Y Avg
1.07x
Market Cap
$42.51B
Interest Coverage Ratio
5.80x
TTM Avg
6.19x
3Y Avg
10.45x
5Y Avg
14.77x
Market Cap
$36.39B
Interest Coverage Ratio
1.69x
TTM Avg
1.53x
3Y Avg
1.68x
5Y Avg
1.82x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Simon Property Group, Inc. (SPG) | $74.38B | 2.76x | 3.16x | 3.32x | 3.25x |
| Digital Realty Trust, Inc. (DLR)vs › | $69.75B | 1.50x | 1.27x | 1.43x | 1.62x |
| American Tower Corporation (AMT)vs › | $80.78B | 4.79x | 4.00x | 3.17x | 3.32x |
| Public Storage (PSA)vs › | $60.45B | 7.40x | 7.53x | 10.62x | 14.39x |
| Realty Income Corporation (O)vs › | $59.56B | 1.42x | 1.84x | 2.21x | 2.40x |
| Equinix, Inc. (EQIX)vs › | $100.57B | 3.25x | 3.08x | 3.28x | 3.17x |
| Ventas, Inc. (VTR)vs › | $45.46B | 1.35x | 1.24x | 1.06x | 1.07x |
| CBRE Group, Inc. (CBRE)vs › | $42.51B | 5.80x | 6.19x | 10.45x | 14.77x |
| Iron Mountain Incorporated (IRM)vs › | $36.39B | 1.69x | 1.53x | 1.68x | 1.82x |
| Crown Castle Inc. (CCI)vs › | $33.34B | 2.17x | 2.17x | 2.89x | 2.96x |
Interest Coverage
2.8x
Debt/Equity
5.60
Current Ratio
0.16
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 | 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 |