FTC Solar (FTCI) Interest Coverage Ratio (2020 - 2026)
FTC Solar (FTCI) reported Interest Coverage Ratio of 3.09 for Q1 2026, up 79.18% on a YoY basis from 1.73 in Q1 2025, and down 212.04% quarter-over-quarter from 2.76 in Q4 2025.
FTC Solar (FTCI) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
FTC Solar has reported Interest Coverage Ratio for 5 years, with the latest figure at 3.09 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio rose 79.18% year-over-year to 3.09; the trailing twelve-month figure through Mar 2026 stood at 1.59 (up 78.84% YoY), and the FY2025 full-year result was 2.02, up 86.05% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 3.09, down from 2.76 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 116.04 in Q4 2024, with the low at 1069.71 in Q3 2024.
- Historically, Interest Coverage Ratio has averaged 125.53 across 3 years, with a median of 14.85 in 2025.
- The largest YoY upside for Interest Coverage Ratio was 99.64% in 2025 against a maximum downside of 97.62% in 2025.
- FTC Solar's Interest Coverage Ratio stood at 116.04 in 2024, then tumbled by 97.62% to 2.76 in 2025, then plunged by 212.04% to 3.09 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.09 (Q1 2026), 2.76 (Q4 2025), and 3.88 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 28.68 Bn | 26.25 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 18.03 Bn | 16.93 Bn | 297.38 Mn | - |
| 3 | Enphase Energy | 7.16 Bn | 6.23 Bn | 100.39 Mn | -46.83 |
| 4 | Solaredge Technologies | 3.68 Bn | 3.13 Bn | 68.28 Mn | - |
| 5 | Sunrun | 3.02 Bn | 3.91 Bn | 543.70 Mn | - |
| 6 | Shoals Technologies | 1.75 Bn | 1.75 Bn | 41.01 Mn | 2.66 |
| 7 | Array Technologies | 1.19 Bn | 987.00 Mn | 63.00 Mn | 1.28 |
| 8 | JinkoSolar Holding | 596.69 Mn | 2.20 Bn | 147.66 Mn | - |
| 9 | Tigo Energy | 209.39 Mn | 197.82 Mn | 10.79 Mn | -2,410.00 |
| 10 | FTC Solar | 68.50 Mn | 62.86 Mn | -1.23 Mn | -3.09 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.09 |
| Dec 31, 2025 | 2.76 |
| Sep 30, 2025 | -3.88 |
| Jun 30, 2025 | -15.73 |
| Mar 31, 2025 | -14.85 |
| Dec 31, 2024 | 116.04 |
| Sep 30, 2024 | -1,069.71 |
| Jun 30, 2024 | -101.91 |
| Mar 31, 2024 | -39.44 |
| Dec 31, 2021 | -2,942.88 |
| Sep 30, 2021 | -1,751.54 |
| Jun 30, 2021 | -1,575.48 |
| Dec 31, 2020 | -2,225.00 |
| Sep 30, 2020 | -2,525.00 |