Ballard Power Systems BLDP
NASDAQ BLDP
$2.22 -0.13 (-5.72%)
As of: Sep 10, 2026 · 3:59 PM EDT

Ballard Power Systems (BLDP) Interest Coverage Ratio (2010 - 2026)

Ballard Power Systems' (BLDP) quarterly Interest Coverage Ratio came in at 40.0 in Q2 2026, down 40.35% year-over-year from 67.07 in Q2 2025, and up 29.26% quarter-over-quarter from 30.95 in Q1 2026.

Analysis

Ballard Power Systems (BLDP) Interest Coverage Ratio (2010 - 2026) Analysis & Trends

Ballard Power Systems (BLDP) has reported Interest Coverage Ratio for 17 consecutive years, with 40.0 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 40.35% year-over-year to 40.0 in Q2 2026; TTM through Jun 2026 was 82.97, a 46.23% decrease from a year earlier, with the FY2025 full-year figure at 54.31, down 36.42% from the prior year.
  • Interest Coverage Ratio was 40.0 for Q2 2026 at Ballard Power Systems, up from 30.95 in the prior quarter.
  • Over five years, Interest Coverage Ratio peaked at 146.47 in Q1 2023 and troughed at 167.18 in Q4 2023.
  • A 5-year average of 21.67 and a median of 61.76 in 2025 frame the typical range for Interest Coverage Ratio.
  • Across the five-year window, Interest Coverage Ratio sank 288.06% in 2022 and surged 193.74% in 2023, its largest moves.
  • Over 5 years, Interest Coverage Ratio stood at 97.95 in 2022, then sank by 70.68% to 167.18 in 2023, then surged by 59.62% to 67.51 in 2024, then jumped by 63.01% to 24.97 in 2025, then surged by 260.2% to 40.0 in 2026.
  • The last three Interest Coverage Ratio figures came in at 40.0 (Q2 2026), 30.95 (Q1 2026), and 24.97 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Bloom Energy 74.04 Bn 71.37 Bn 355.57 Mn 20.46
2 Fuelcell Energy 33.44 Bn 32.78 Bn -24.50 Mn -16.07
3 Ballard Power Systems 667.85 Mn 162.70 Mn 4.08 Mn -40.00
4 Sunhydrogen 89.43 Mn 89.43 Mn -45,724.00 -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 40.00
Mar 31, 2026 30.95
Dec 31, 2025 -24.97
Sep 30, 2025 66.08
Jun 30, 2025 67.07
Mar 31, 2025 57.43
Dec 31, 2024 -67.51
Sep 30, 2024 107.65
Jun 30, 2024 70.09
Mar 31, 2024 98.55
Dec 31, 2023 -167.18
Sep 30, 2023 129.50
Jun 30, 2023 -147.93
Mar 31, 2023 146.47
Dec 31, 2022 -97.95
Sep 30, 2022 -138.15
Jun 30, 2022 132.03
Mar 31, 2022 87.95
Dec 31, 2021 -87.98
Sep 30, 2021 73.46