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

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

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

T3 Defense's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 10.77 for 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 was 10.77 for Q1 2026 at T3 Defense, down from 5.06 in the prior quarter.
  • In the past five years, Interest Coverage Ratio ranged from a high of 3.91 in Q3 2024 to a low of 1205.5 in Q4 2023.
  • Historically, Interest Coverage Ratio has averaged 209.55 across 4 years, with a median of 10.77 in 2026.
  • The sharpest annual moves came in 2025 and 2026: Interest Coverage Ratio jumped 96.32% in 2025, then tumbled 40.73% in 2026.
  • A 4-year view of Interest Coverage Ratio shows it stood at 1205.5 in 2023, then jumped by 99.68% to 3.91 in 2024, then dropped by 29.33% to 5.06 in 2025, then tumbled by 112.63% to 10.77 in 2026.
  • The last three Interest Coverage Ratio figures came in at 10.77 (Q1 2026), 5.06 (Q2 2025), and 7.65 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 DEFSEC Technologies 5,720.56 Bn 5,720.56 Bn 456,459.43 -
2 General Electric 359.38 Bn 348.64 Bn 9.11 Bn -4.64
3 Rtx 248.80 Bn 243.70 Bn 9.08 Bn -
4 Boeing 180.64 Bn 159.74 Bn 2.55 Bn 0.73
5 Lockheed Martin 121.64 Bn 119.74 Bn 2.08 Bn 7.67
6 Howmet Aerospace 108.46 Bn 106.03 Bn 854.00 Mn -
7 General Dynamics 96.96 Bn 93.31 Bn 9.09 Bn -
8 Embraer 95.73 Bn 93.11 Bn - -
9 Northrop Grumman 77.30 Bn 75.21 Bn 3.45 Bn 6.10
10 T3 Defense 6.04 Mn 5.64 Mn 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