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 48.87x is 11% above its 5-year average of 44.04x, near the low end of its 5-year range (26.02x–263.90x).
1.52% below its 12-month average of 49.62x.
Reported quarterly interest coverage; no daily interpolation. Q2 FY2026 (2026-06-30): 41.49x.
INTEREST COVERAGE RATIO
48.87x
INTEREST COVERAGE RATIO AVG TTM
49.62x
INTEREST COVERAGE RATIO AVG 3Y
45.85x
INTEREST COVERAGE RATIO AVG 5Y
44.04x
INTEREST COVERAGE RATIO AVG 10Y
27.42x
INTEREST COVERAGE RATIO AVG 15Y
30.32x
INTEREST COVERAGE RATIO AVG 20Y
28.36x
CURRENT VS TTM AVG
-1.52%
CURRENT VS 3Y AVG
+6.58%
CURRENT VS 5Y AVG
+10.97%
CURRENT VS 10Y AVG
+78.25%
CURRENT VS 15Y AVG
+61.16%
CURRENT VS 20Y AVG
+72.30%
SECTOR MEDIAN · ENERGY
6.56x
median of 48 covered companies
CURRENT VS SECTOR MEDIAN
+644.40%
vs the sector median at left
Tenaris S.A.
Market Cap
$30.18B
Interest Coverage Ratio
48.87x
TTM Avg
49.62x
3Y Avg
45.85x
5Y Avg
44.04x
Market Cap
$31.27B
Interest Coverage Ratio
7.18x
TTM Avg
4.34x
3Y Avg
7.53x
5Y Avg
7.53x
Market Cap
$28.10B
Interest Coverage Ratio
6.42x
TTM Avg
8.63x
3Y Avg
7.45x
5Y Avg
6.64x
Market Cap
$27.64B
Interest Coverage Ratio
4.79x
TTM Avg
4.31x
3Y Avg
5.57x
5Y Avg
4.52x
Market Cap
$34.23B
Interest Coverage Ratio
3.46x
TTM Avg
3.24x
3Y Avg
5.02x
5Y Avg
5.02x
Market Cap
$24.33B
Interest Coverage Ratio
N/A
TTM Avg
34.22x
3Y Avg
21.04x
5Y Avg
21.04x
Market Cap
$21.06B
Interest Coverage Ratio
36.18x
TTM Avg
36.02x
3Y Avg
46.06x
5Y Avg
39.23x
Market Cap
$39.90B
Interest Coverage Ratio
7.80x
TTM Avg
6.20x
3Y Avg
4.09x
5Y Avg
4.09x
Market Cap
$20.25B
Interest Coverage Ratio
8.67x
TTM Avg
8.67x
3Y Avg
20.84x
5Y Avg
22.55x
| NAME | MARKET CAP | INTEREST COVERAGE RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tenaris S.A. (TS) | $30.18B | 48.87x | 49.62x | 45.85x | 44.04x |
| EQT Corporation (EQT)vs › | $31.27B | 7.18x | 4.34x | 7.53x | 7.53x |
| Halliburton Company (HAL)vs › | $28.10B | 6.42x | 8.63x | 7.45x | 6.64x |
| Pembina Pipeline Corporation (PBA)vs › | $27.64B | 4.79x | 4.31x | 5.57x | 4.52x |
| Venture Global, Inc. (VG)vs › | $34.23B | 3.46x | 3.24x | 5.02x | 5.02x |
| Texas Pacific Land Corporation (TPL)vs › | $24.33B | N/A | 34.22x | 21.04x | 21.04x |
| First Solar, Inc. (FSLR)vs › | $21.06B | 36.18x | 36.02x | 46.06x | 39.23x |
| Cameco Corporation (CCJ)vs › | $39.90B | 7.80x | 6.20x | 4.09x | 4.09x |
| Expand Energy Corporation (EXE)vs › | $20.25B | 8.67x | 8.67x | 20.84x | 22.55x |
| APA Corporation (APA)vs › | $15.86B | 9.89x | 9.16x | 11.06x | 8.52x |
Interest Coverage
48.9x
Debt/Equity
0.03
Current Ratio
4.07
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 | 41.49x |
| 2026-03-31 | 50.03x |
| 2025-12-31 | 35.15x |
| 2025-09-30 | 62.19x |
| 2025-06-30 | 59.26x |
| 2025-03-31 | 46.82x |
| 2024-12-31 | 62.54x |
| 2024-09-30 | 33.61x |
| 2024-06-30 | 43.73x |
| 2024-03-31 | 39.43x |
| 2023-12-31 | 41.45x |
| 2023-09-30 | 45.25x |
| 2023-06-30 | 35.14x |
| 2023-03-31 | 42.84x |
| 2022-12-31 | 50.06x |
| 2022-09-30 | 45.27x |
| 2022-06-30 | 108.18x |
| 2022-03-31 | 263.90x |
| 2021-12-31 | 39.89x |
| 2021-09-30 | 36.54x |
| 2021-06-30 | 26.02x |
| 2021-03-31 | 11.04x |
| 2020-12-31 | 1.61x |
| 2020-09-30 | -10.71x |
| 2020-06-30 | -12.21x |
| 2020-03-31 | -60.36x |
| 2019-12-31 | 11.60x |
| 2019-09-30 | 13.91x |
| 2019-06-30 | 20.78x |
| 2019-03-31 | 37.10x |
| 2018-12-31 | 22.78x |
| 2018-09-30 | 30.11x |
| 2018-06-30 | 21.34x |
| 2018-03-31 | 20.86x |
| 2017-12-31 | 19.51x |
| 2017-09-30 | 12.16x |
| 2017-06-30 | 8.55x |
| 2017-03-31 | 6.07x |
| 2016-12-31 | 0.92x |
| 2016-09-30 | -2.00x |
| 2016-06-30 | -8.27x |
| 2016-03-31 | 9.80x |
| 2015-12-31 | 8.98x |
| 2015-09-30 | -67.67x |
| 2015-06-30 | 11.87x |
| 2015-03-31 | 67.09x |
| 2014-12-31 | 44.15x |
| 2014-09-30 | 33.67x |
| 2014-06-30 | 51.73x |
| 2014-03-31 | 43.51x |
| 2013-12-31 | 27.96x |
| 2013-09-30 | 24.60x |
| 2013-06-30 | 34.79x |
| 2013-03-31 | 39.80x |
| 2012-12-31 | 40.01x |
| 2012-09-30 | 31.98x |
| 2012-06-30 | 48.93x |
| 2012-03-31 | 57.05x |
| 2011-12-31 | 42.60x |
| 2011-09-30 | 34.48x |
| 2011-06-30 | 33.67x |
| 2011-03-31 | 33.85x |
| 2010-12-31 | 37.38x |
| 2010-09-30 | 40.50x |
| 2010-06-30 | 18.52x |
| 2010-03-31 | 15.41x |
| 2009-12-31 | -7.53x |
| 2009-09-30 | 7.77x |
| 2009-06-30 | 17.88x |
| 2009-03-31 | 16.61x |
| 2008-09-30 | 13.32x |
| 2008-06-30 | 24.25x |
| 2008-03-31 | 10.60x |
