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 5.64x is 22% below its 5-year average of 7.24x, near the low end of its 5-year range (5.42x–9.68x).
As of the fiscal period ended Tuesday, March 31, 2026. 3.02% below its 12-month average of 5.82x.
Reported quarterly interest coverage; no daily interpolation.
INTEREST COVERAGE RATIO
5.64x
INTEREST COVERAGE RATIO AVG TTM
5.82x
INTEREST COVERAGE RATIO AVG 3Y
7.03x
INTEREST COVERAGE RATIO AVG 5Y
7.24x
INTEREST COVERAGE RATIO AVG 10Y
5.88x
INTEREST COVERAGE RATIO AVG 15Y
4.44x
INTEREST COVERAGE RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-3.02%
CURRENT VS 3Y AVG
-19.72%
CURRENT VS 5Y AVG
-22.12%
CURRENT VS 10Y AVG
-3.99%
CURRENT VS 15Y AVG
+27.01%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · REAL ESTATE
2.63x
median of 40 covered companies
CURRENT VS SECTOR MEDIAN
+114.48%
vs the sector median at left
Terreno Realty Corporation
Market Cap
$7.62B
Interest Coverage Ratio
5.64x
TTM Avg
5.82x
3Y Avg
7.03x
5Y Avg
7.24x
Market Cap
$8.73B
Interest Coverage Ratio
3.42x
TTM Avg
3.35x
3Y Avg
3.59x
5Y Avg
3.63x
Market Cap
$8.97B
Interest Coverage Ratio
-5.30x
TTM Avg
6.72x
3Y Avg
5.89x
5Y Avg
5.52x
Market Cap
$9.04B
Interest Coverage Ratio
2.82x
TTM Avg
2.98x
3Y Avg
3.15x
5Y Avg
3.13x
Market Cap
$9.34B
Interest Coverage Ratio
2.53x
TTM Avg
2.65x
3Y Avg
2.97x
5Y Avg
3.17x
Market Cap
$10.72B
Interest Coverage Ratio
2.54x
TTM Avg
2.62x
3Y Avg
2.87x
5Y Avg
2.78x
Market Cap
$11.14B
Interest Coverage Ratio
2.09x
TTM Avg
2.19x
3Y Avg
2.28x
5Y Avg
2.29x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Terreno Realty Corporation (TRNO) | $7.62B | 5.64x | 5.82x | 7.03x | 7.24x |
| First Industrial Realty Trust, Inc. (FR)vs › | $8.73B | 3.42x | 3.35x | 3.59x | 3.63x |
| Alexandria Real Estate Equities, Inc. (ARE)vs › | $8.97B | -5.30x | 6.72x | 5.89x | 5.52x |
| NNN REIT, Inc. (NNN)vs › | $9.04B | 2.82x | 2.98x | 3.15x | 3.13x |
| Agree Realty Corporation (ADC)vs › | $9.34B | 2.53x | 2.65x | 2.97x | 3.17x |
| CubeSmart (CUBE)vs › | $9.42B | 3.93x | 3.93x | 3.93x | 3.93x |
| Federal Realty Investment Trust (FRT)vs › | $10.72B | 2.54x | 2.62x | 2.87x | 2.78x |
| Camden Property Trust (CPT)vs › | $11.14B | 2.09x | 2.19x | 2.28x | 2.29x |
| BXP, Inc. (BXP)vs › | $11.18B | 3.00x | 2.29x | 2.21x | 2.20x |
| Apple Hospitality REIT, Inc. (APLE)vs › | $3.90B | 2.80x | 3.29x | 3.41x | 2.98x |
Interest Coverage
5.6x
Debt/Equity
0.23
Current Ratio
0.08
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 | 5.64x |
| 2025-12-31 | 6.03x |
| 2025-09-30 | 5.74x |
| 2025-06-30 | 6.25x |
| 2025-03-31 | 5.42x |
| 2024-12-31 | 7.45x |
| 2024-09-30 | 8.00x |
| 2024-06-30 | 6.69x |
| 2024-03-31 | 6.24x |
| 2023-12-31 | 9.68x |
| 2023-09-30 | 9.16x |
| 2023-06-30 | 8.67x |
| 2023-03-31 | 6.36x |
| 2022-12-31 | 6.68x |
| 2022-09-30 | 7.26x |
| 2022-06-30 | 8.16x |
| 2022-03-31 | 7.79x |
| 2021-12-31 | 7.25x |
| 2021-09-30 | 7.74x |
| 2021-06-30 | 8.25x |
| 2021-03-31 | 7.62x |
| 2020-12-31 | 4.22x |
| 2020-09-30 | 7.66x |
| 2020-06-30 | 7.20x |
| 2020-03-31 | 6.84x |
| 2019-12-31 | 6.67x |
| 2019-09-30 | 4.74x |
| 2019-06-30 | 3.56x |
| 2019-03-31 | 4.64x |
| 2018-12-31 | 6.11x |
| 2018-09-30 | 3.30x |
| 2018-06-30 | 5.35x |
| 2018-03-31 | 3.15x |
| 2017-12-31 | 3.31x |
| 2017-09-30 | 5.64x |
| 2017-06-30 | 5.08x |
| 2017-03-31 | 2.54x |
| 2016-12-31 | 1.50x |
| 2016-09-30 | 1.94x |
| 2016-06-30 | 1.90x |
| 2016-03-31 | 3.42x |
| 2015-12-31 | 1.18x |
| 2015-09-30 | 2.91x |
| 2015-06-30 | 5.94x |
| 2015-03-31 | 0.61x |
| 2014-12-31 | 2.48x |
| 2014-09-30 | 2.52x |
| 2014-06-30 | 2.01x |
| 2014-03-31 | 2.12x |
| 2013-12-31 | 3.31x |
| 2013-09-30 | 1.86x |
| 2013-06-30 | 1.53x |
| 2013-03-31 | 1.52x |
| 2012-12-31 | 3.04x |
| 2012-09-30 | 1.33x |
| 2012-06-30 | 1.23x |
| 2012-03-31 | 0.74x |
| 2011-12-31 | 0.80x |
| 2011-09-30 | 0.66x |
| 2011-06-30 | -3.23x |
| 2011-03-31 | -2.55x |
| 2010-12-31 | -1.08x |
| 2010-09-30 | -19.96x |
| 2010-06-30 | -11.68x |
