FTC Solar (FTCI) Interest Coverage Ratio (2024 - 2026)
FTC Solar's Interest Coverage Ratio came in at -3.17 for Q2 2026, compared with -15.73 a year earlier.
Analysis
FTC Solar (FTCI) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, FTC Solar reported Interest Coverage Ratio of -2.61; for FY2025, it was -4.32.
- Going back by year, Interest Coverage Ratio was -75.47 in FY2024.
- The five-year range for quarterly Interest Coverage Ratio is -1069.71 (Q3 2024) to -1.19 (Q4 2025).
- Business Quant data shows FTCI's Interest Coverage Ratio at -3.09 (Q1 2026), -1.19 (Q4 2025) and -3.88 (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 252.99 Bn | 214.06 Bn | 2.36 Bn | 8.95 |
| 2 | Bloom Energy | 81.25 Bn | 73.07 Bn | 355.57 Mn | 20.46 |
| 3 | First Solar | 18.82 Bn | 9.78 Bn | 605.00 Mn | 80.96 |
| 4 | BWX Technologies | 12.55 Bn | 10.85 Bn | 202.31 Mn | 21.60 |
| 5 | Generac Holdings | 12.21 Bn | 11.04 Bn | 521.81 Mn | 12.54 |
| 6 | Nextpower | 11.82 Bn | 7.71 Bn | 335.85 Mn | - |
| 7 | EnerSys | 6.67 Bn | 4.86 Bn | 313.36 Mn | 14.29 |
| 8 | Enphase Energy | 4.36 Bn | -500.13 Mn | 175.01 Mn | 157.55 |
| 9 | Mirion Technologies | 3.45 Bn | 1.34 Bn | 133.10 Mn | 2.13 |
| 10 | FTC Solar | 35.38 Mn | -26.81 Mn | -2.23 Mn | -3.17 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.17 |
| Mar 31, 2026 | -3.09 |
| Dec 31, 2025 | -1.19 |
| Sep 30, 2025 | -3.88 |
| Jun 30, 2025 | -15.73 |
| Mar 31, 2025 | -14.85 |
| Dec 31, 2024 | -53.29 |
| Sep 30, 2024 | -1,069.71 |
| Jun 30, 2024 | -101.91 |
| Mar 31, 2024 | -39.44 |
API Access
FTC Solar Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTCI&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "FTCI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=FTCI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();