ESS Tech (GWH) Interest Coverage Ratio (2020 - 2026)
ESS Tech (GWH) posted quarterly Interest Coverage Ratio of 1.36 for Q1 2026, up 84.8% year-over-year from 0.74 in Q1 2025, and up 63.32% quarter-over-quarter from 3.71 in Q4 2025.
ESS Tech (GWH) Interest Coverage Ratio (2020 - 2026) Analysis & Trends
ESS Tech's Interest Coverage Ratio history runs 7 years deep, the most recent figure standing at 1.36 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 84.8% year-over-year to 1.36; the TTM figure through Mar 2026 stood at 5.24 (up 87.99% YoY), while the FY2025 annual figure was 11.04, up 59.58% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 1.36, up from 3.71 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 25.79 in Q4 2024, with the low at 55.06 in Q1 2022.
- The 5-year median for Interest Coverage Ratio is 7.14 (2024), against an average of 11.91.
- The sharpest annual moves came in 2023 and 2024: Interest Coverage Ratio tumbled 135.31% in 2023, then surged 157.36% in 2024.
- ESS Tech's Interest Coverage Ratio stood at 19.11 in 2022, then sank by 135.31% to 44.96 in 2023, then soared by 157.36% to 25.79 in 2024, then slumped by 114.38% to 3.71 in 2025, then jumped by 63.32% to 1.36 in 2026.
- Business Quant data shows GWH's Interest Coverage Ratio at 1.36 in Q1 2026, 3.71 in Q4 2025, and 4.46 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.80 Bn | 97.69 Bn | 1.23 Bn | 36.66 |
| 2 | Bloom Energy | 57.66 Bn | 54.99 Bn | 355.57 Mn | 20.46 |
| 3 | Hubbell | 24.93 Bn | 24.53 Bn | 613.00 Mn | - |
| 4 | nVent Electric | 24.85 Bn | 24.59 Bn | 558.00 Mn | 231.31 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 28.82 |
| 6 | Acuity Inc. (De) | 10.39 Bn | 9.98 Bn | 606.40 Mn | - |
| 7 | Powell Industries | 7.24 Bn | 6.61 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.95 Bn | 6.42 Bn | 313.36 Mn | 14.29 |
| 9 | Plug Power | 3.19 Bn | 2.88 Bn | -1.68 Mn | -3.80 |
| 10 | ESS Tech | 13.06 Mn | 13.06 Mn | -7.42 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.54 |
| Mar 31, 2026 | -1.36 |
| Dec 31, 2025 | -3.71 |
| Sep 30, 2025 | -4.46 |
| Jun 30, 2025 | -5.26 |
| Mar 31, 2025 | -8.95 |
| Dec 31, 2024 | 25.79 |
| Sep 30, 2024 | -7.18 |
| Jun 30, 2024 | -7.14 |
| Mar 31, 2024 | -5.87 |
| Dec 31, 2023 | -44.96 |
| Sep 30, 2023 | -6.88 |
| Jun 30, 2023 | -4.74 |
| Mar 31, 2023 | -8.52 |
| Dec 31, 2022 | -19.11 |
| Sep 30, 2022 | -24.16 |
| Jun 30, 2022 | -20.88 |
| Mar 31, 2022 | -55.06 |
| Mar 31, 2021 | -145.33 |
| Dec 31, 2020 | -0.16 |