T3 Defense (DFNS) Interest Coverage Ratio (2023 - 2026)

T3 Defense (DFNS) posted quarterly Interest Coverage Ratio of 10.77 for Q1 2026, down 40.73% year-over-year from 18.16 in Q1 2025, and down 112.63% on a QoQ basis from 5.06 in Q2 2025.

T3 Defense (DFNS) Interest Coverage Ratio (2023 - 2026) Analysis & Trends

T3 Defense (DFNS) has reported Interest Coverage Ratio for 4 consecutive years, with 10.77 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 40.73% year-over-year to 10.77; the TTM figure through Mar 2026 stood at 13.47 (down 25.23% YoY), while the FY2025 annual figure was 211.69, down 175.48% from the prior year.
  • Interest Coverage Ratio came in at 10.77 for Q1 2026 at T3 Defense, down from 5.06 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 3.91 in Q3 2024, with the low at 1205.5 in Q4 2023.
  • Average Interest Coverage Ratio over 4 years is 209.55, with a median of 10.77 recorded in 2026.
  • Across the five-year window, Interest Coverage Ratio jumped 96.32% in 2025 and plunged 40.73% in 2026, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 1205.5 in 2023, then jumped by 99.68% to 3.91 in 2024, then retreated by 29.33% to 5.06 in 2025, then plunged by 112.63% to 10.77 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 10.77, 5.06, and 7.65 for Q1 2026, Q2 2025, and Q1 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Boeing 1,106.33 Bn 1,085.43 Bn 2.55 Bn 0.73
2 Rtx 258.51 Bn 253.40 Bn 9.08 Bn -
3 General Dynamics 174.86 Bn 171.21 Bn 9.09 Bn -
4 Lockheed Martin 119.99 Bn 118.10 Bn 2.08 Bn 7.67
5 Howmet Aerospace 107.26 Bn 104.82 Bn 854.00 Mn -
6 TransDigm 76.18 Bn 72.30 Bn 1.51 Bn 2.43
7 Northrop Grumman 73.88 Bn 71.79 Bn 3.45 Bn 6.10
8 Rocket Lab 60.59 Bn 59.31 Bn 76.49 Mn -43.93
9 L3Harris Technologies 54.60 Bn 54.60 Bn 1.40 Bn -
10 T3 Defense - - 371,000.00 -10.77

Historic Data

Download Data
DateValue
Mar 31, 2026 -10.77
Jun 30, 2025 -5.06
Mar 31, 2025 -7.65
Sep 30, 2024 -3.91
Jun 30, 2024 -25.92
Mar 31, 2024 -208.00
Dec 31, 2023 -1,205.50