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| Date | Value |
|---|---|
| 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 |