Fuelcell Energy (FCEL) Interest Coverage Ratio (2010 - 2026)
Fuelcell Energy (FCEL) posted Interest Coverage Ratio of 3.25 for Q2 2026, up 35.26% sequentially from 5.02 in Q1 2026, and down 53.37% YoY from 6.97 in Q2 2025.
Fuelcell Energy (FCEL) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Fuelcell Energy has reported Interest Coverage Ratio for 17 years, with the latest figure at 3.25 in Q2 2026.
- Quarterly Interest Coverage Ratio fell 53.37% year-over-year to 3.25 in Q2 2026, while the trailing twelve-month figure through Apr 2026 was 9.51 (down 12.09% YoY) and the FY2025 annual result came in at 0.76, down 8.87% from the prior year.
- Interest Coverage Ratio grew to 3.25 in Q2 2026 per FCEL's latest filing, from 5.02 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 1.66 in Q3 2022 and troughed at 117.54 in Q4 2022.
- A 5-year average of 14.14 and a median of 4.29 in 2024 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2023: Interest Coverage Ratio plunged 3268.11% in 2022, then surged 80.82% in 2023.
- Over 5 years, Interest Coverage Ratio stood at 117.54 in 2022, then soared by 80.82% to 22.54 in 2023, then advanced by 27.81% to 16.27 in 2024, then surged by 34.92% to 10.59 in 2025, then jumped by 69.3% to 3.25 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 3.25, 5.02, and 10.59 for Q2 2026, Q1 2026, and Q4 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 99.78 Bn | 96.67 Bn | 1.23 Bn | 36.66 |
| 2 | Bloom Energy | 57.24 Bn | 54.57 Bn | 355.57 Mn | 20.46 |
| 3 | Hubbell | 24.82 Bn | 24.42 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.76 Bn | 24.51 Bn | 558.00 Mn | 231.31 |
| 5 | Advanced Energy Industries | 11.05 Bn | 9.63 Bn | 236.10 Mn | 28.82 |
| 6 | Acuity Inc. (De) | 10.32 Bn | 9.90 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.18 Bn | 6.55 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.91 Bn | 6.38 Bn | 313.36 Mn | 14.29 |
| 9 | Plug Power | 3.23 Bn | 2.92 Bn | -1.68 Mn | -3.80 |
| 10 | Fuelcell Energy | 1.06 Bn | 686.35 Mn | -12.93 Mn | -27.25 |
Historic Data
Download Data| Date | Value |
|---|---|
| Apr 30, 2026 | -3.25 |
| Jan 31, 2026 | -5.02 |
| Oct 31, 2025 | -10.59 |
| Jul 31, 2025 | -3.90 |
| Apr 30, 2025 | -2.12 |
| Jan 31, 2025 | -8.17 |
| Oct 31, 2024 | -16.27 |
| Jul 31, 2024 | -3.87 |
| Apr 30, 2024 | -2.23 |
| Jan 31, 2024 | -4.67 |
| Oct 31, 2023 | -22.54 |
| Jul 31, 2023 | -2.15 |
| Apr 30, 2023 | -1.82 |
| Jan 31, 2023 | -14.85 |
| Oct 31, 2022 | -117.54 |
| Jul 31, 2022 | -1.66 |
| Apr 30, 2022 | -2.86 |
| Jan 31, 2022 | -30.99 |
| Oct 31, 2021 | -3.49 |
| Jul 31, 2021 | -6.81 |