FTC Solar (FTCI) Interest Coverage Ratio (2020 - 2026)
FTC Solar posted quarterly Interest Coverage Ratio of 3.09 for Q1 2026, up 79.18% year-on-year from 1.73 in Q1 2025, and down 212.04% on a QoQ basis from 2.76 in Q4 2025.
FTC Solar (FTCI) has 5 years of Interest Coverage Ratio data on file, last reported 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.
- Across five years, Interest Coverage Ratio topped out at 116.04 in Q4 2024 and bottomed at 1069.71 in Q3 2024.
- The 3-year median for Interest Coverage Ratio is 14.85 (2025), against an average of 125.53.
- Peak annual rise in Interest Coverage Ratio reached 99.64% in 2025, while the deepest fall reached 97.62% in 2025.
- A 3-year view of Interest Coverage Ratio shows it stood at 116.04 in 2024, then slumped by 97.62% to 2.76 in 2025, then tumbled 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.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | First Solar | 26.65 Bn | 24.22 Bn | 486.13 Mn | 45.35 |
| 2 | Nextpower | 17.99 Bn | 16.90 Bn | 297.38 Mn | - |
| 3 | Canadian Solar | 15.11 Bn | 15.69 Bn | 124.40 Mn | 1.32 |
| 4 | Enphase Energy | 8.19 Bn | 7.26 Bn | 100.39 Mn | -46.83 |
| 5 | Solaredge Technologies | 3.80 Bn | 3.25 Bn | 68.28 Mn | - |
| 6 | Sunrun | 3.38 Bn | 4.27 Bn | 543.70 Mn | - |
| 7 | Shoals Technologies | 1.60 Bn | 1.60 Bn | 41.01 Mn | 2.66 |
| 8 | Array Technologies | 1.25 Bn | 1.05 Bn | 63.00 Mn | 1.28 |
| 9 | JinkoSolar Holding | 677.44 Mn | 2.29 Bn | 147.66 Mn | - |
| 10 | FTC Solar | 73.33 Mn | 67.69 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 |