Galaxy Digital (GLXY) Interest Coverage Ratio (2024 - 2026)

Galaxy Digital (GLXY) posted quarterly Interest Coverage Ratio of 12.35 for Q1 2026, up 39.57% year-over-year from 8.85 in Q1 2025, and up 62.23% on a QoQ basis from 32.68 in Q4 2025.

Galaxy Digital (GLXY) Interest Coverage Ratio (2024 - 2026) Analysis & Trends

Galaxy Digital (GLXY) has reported Interest Coverage Ratio for 3 consecutive years, with 12.35 the latest figure, recorded in Q1 2026.

  • In Q1 2026, Interest Coverage Ratio rose 39.57% year-over-year to 12.35; the TTM figure through Mar 2026 stood at 2.25 (up 74.31% YoY), while the FY2025 annual figure was 3.57, down 130.48% from the prior year.
  • Interest Coverage Ratio came in at 12.35 for Q1 2026 at Galaxy Digital, up from 32.68 in the prior quarter.
  • The five-year high for Interest Coverage Ratio was 38.82 in Q3 2025, with the low at 32.68 in Q4 2025.
  • Average Interest Coverage Ratio over 3 years is 3.62, with a median of 4.8 recorded in 2024.
  • The largest YoY upside for Interest Coverage Ratio was 908.65% in 2025 against a maximum downside of 2143.31% in 2025.
  • Year by year, Interest Coverage Ratio stood at 12.69 in 2024, then tumbled by 357.48% to 32.68 in 2025, then surged by 62.23% to 12.35 in 2026.
  • According to Business Quant data, Interest Coverage Ratio over the past three periods registered 12.35, 32.68, and 38.82 for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 Morgan Stanley 330.70 Bn 197.17 Bn - 1.56
2 Goldman Sachs 309.79 Bn -627.76 Bn - 1.38
3 Schwab Charles 167.21 Bn 122.24 Bn - 4.90
4 Futu Holdings 111.36 Bn 109.19 Bn 733.58 Mn -
5 Robinhood Markets 97.69 Bn 93.05 Bn 960.00 Mn -
6 LPL Financial Holdings 23.49 Bn 22.47 Bn - 5.83
7 Tradeweb Markets 21.59 Bn 20.34 Bn - 460.34
8 Circle Internet 15.14 Bn 13.62 Bn 35.01 Mn -
9 Iren 14.46 Bn 12.24 Bn 144.76 Mn -15.74
10 Galaxy Digital 4.97 Bn 4.40 Bn - -12.35

Historic Data

Download Data
DateValue
Mar 31, 2026 -12.35
Dec 31, 2025 -32.68
Sep 30, 2025 38.82
Jun 30, 2025 3.96
Mar 31, 2025 -20.43
Dec 31, 2024 12.69
Sep 30, 2024 -4.80
Jun 30, 2024 -18.84
Mar 31, 2024 1.00