Array Digital Infrastructure (AD) Interest Coverage Ratio (2009 - 2026)
Array Digital Infrastructure's (AD) Interest Coverage Ratio was 36.76 for Q2 2026, compared with -4.90 a year earlier and up 64.2% from the prior quarter.
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Analysis
Array Digital Infrastructure (AD) Interest Coverage Ratio (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Array Digital Infrastructure's Interest Coverage Ratio came in at 13.25; for FY2025, it was -3.28.
- By year, Interest Coverage Ratio came in at -20.99 in FY2024, -7.68 in FY2023, 0.42 in FY2022 (-56.4%) and 0.97 in FY2021 (-37.1%).
- The Q2 2026 figure ranks as the highest quarterly Interest Coverage Ratio in data going back to Q2 2009.
- The high point for year-over-year Interest Coverage Ratio in five years was Q1 2024 (growth of 114.4%); the low point was Q1 2023 (a decline of 74.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 22.39 (Q1 2026), 0.72 (Q4 2025) and -6.02 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | American Tower | 76.26 Bn | 75.99 Bn | 2.72 Bn | 3.58 |
| 2 | Digital Realty Trust | 64.98 Bn | 55.50 Bn | - | 4.10 |
| 3 | Crown Castle | 28.39 Bn | 27.14 Bn | 989.00 Mn | 2.26 |
| 4 | Sba Communications | 16.99 Bn | 17.07 Bn | 539.27 Mn | - |
| 5 | Lamar Advertising | 12.56 Bn | 12.38 Bn | 422.53 Mn | 5.06 |
| 6 | OUTFRONT Media | 4.89 Bn | 4.65 Bn | 276.40 Mn | - |
| 7 | Array Digital Infrastructure | 2.92 Bn | 1.81 Bn | 30.57 Mn | 36.76 |
| 8 | IHS Holding | 2.80 Bn | -57.74 Mn | 207.10 Mn | 0.78 |
| 9 | Fermi | 2.69 Bn | 1.82 Bn | - | -28.08 |
| 10 | Clear Channel Outdoor Holdings | 1.20 Bn | 488.27 Mn | 241.86 Mn | 0.90 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 36.76 |
| Mar 31, 2026 | 22.39 |
| Dec 31, 2025 | 0.72 |
| Sep 30, 2025 | -6.02 |
| Jun 30, 2025 | -4.90 |
| Mar 31, 2025 | -8.08 |
| Dec 31, 2024 | -9.09 |
| Sep 30, 2024 | -37.77 |
| Jun 30, 2024 | 0.80 |
| Mar 31, 2024 | 1.19 |
| Dec 31, 2023 | -1.73 |
| Sep 30, 2023 | 1.14 |
| Jun 30, 2023 | 0.67 |
| Mar 31, 2023 | 0.55 |
| Dec 31, 2022 | -0.56 |
| Sep 30, 2022 | -0.36 |
| Jun 30, 2022 | 1.00 |
| Mar 31, 2022 | 2.15 |
| Dec 31, 2021 | 0.16 |
| Sep 30, 2021 | 1.00 |
API Access
Array Digital Infrastructure Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "AD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=AD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();