Advanced Energy Industries (AEIS) Interest Coverage Ratio (2023 - 2026)
Advanced Energy Industries' Interest Coverage Ratio was 47.73 in Q3 2026, up 307.5% from 11.71 a year earlier and up 65.6% from the prior quarter.
Advanced Energy Industries (AEIS) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
On a trailing twelve-month basis, Advanced Energy Industries' Interest Coverage Ratio was 25.05 through Sep 30, 2026, up 196.7% year-over-year; for FY2025, it came in at 10.06, up 589.9% from FY2024.
- In earlier years, Interest Coverage Ratio was 1.46 in FY2024 (-78.7%), 6.85 in FY2023 (-78.5%), 31.82 in FY2022 (-25.0%) and 42.42 in FY2021.
- The Q3 2026 figure marks the highest quarterly Interest Coverage Ratio in data going back to Q1 2023.
- Compared with a year earlier, Interest Coverage Ratio has increased for four straight quarters, with growth averaging 233.5% over the last six quarters.
- The best year-over-year quarter for Interest Coverage Ratio over five years was Q2 2025 (growth of 308.3%); the worst was Q1 2024 (a decline of 99.1%).
- Per Business Quant data, AEIS's Interest Coverage Ratio in the three quarters before Q3 2026 was 28.82 (Q2 2026), 16.66 (Q1 2026) and 13.80 (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Caterpillar | 267.46 Bn | 238.77 Bn | 7.35 Bn | 8.21 |
| 2 | Amphenol | 197.37 Bn | 192.21 Bn | 4.02 Bn | 14.23 |
| 3 | Deere | 185.36 Bn | 194.13 Bn | 4.66 Bn | 2.81 |
| 4 | Eaton | 137.64 Bn | 134.62 Bn | 3.11 Bn | 8.03 |
| 5 | Parker-Hannifin | 121.80 Bn | 119.79 Bn | 2.26 Bn | 8.19 |
| 6 | 3M | 97.84 Bn | 80.25 Bn | 2.78 Bn | - |
| 7 | Emerson Electric | 93.37 Bn | 85.86 Bn | 2.74 Bn | - |
| 8 | Illinois Tool Works | 81.86 Bn | 78.53 Bn | 1.91 Bn | 14.18 |
| 9 | Vertiv Holdings | 74.77 Bn | 63.62 Bn | 1.64 Bn | 153.72 |
| 10 | Advanced Energy Industries | 8.87 Bn | 4.56 Bn | 289.10 Mn | 47.73 |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 47.73 |
| Jun 30, 2026 | 28.82 |
| Mar 31, 2026 | 16.66 |
| Dec 31, 2025 | 13.80 |
| Sep 30, 2025 | 11.71 |
| Jun 30, 2025 | 7.52 |
| Mar 31, 2025 | 7.29 |
| Dec 31, 2024 | 7.35 |
| Sep 30, 2024 | -1.72 |
| Jun 30, 2024 | 1.84 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 1.90 |
| Sep 30, 2023 | 7.95 |
| Jun 30, 2023 | 10.44 |
| Mar 31, 2023 | 14.67 |
Advanced Energy Industries 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=AEIS&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "AEIS", "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=AEIS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();