Icon Energy (ICON) Interest Coverage Ratio (2023 - 2026)
Icon Energy's (ICON) quarterly Interest Coverage Ratio came in at 0.22 in Q2 2026, down 77.36% on a YoY basis from 0.96 in Q2 2025, and up 465.75% quarter-over-quarter from 0.06 in Q1 2026.
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Icon Energy (ICON) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Icon Energy (ICON) has reported Interest Coverage Ratio for 4 consecutive years, with 0.22 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Coverage Ratio fell 77.36% year-over-year to 0.22; the trailing twelve-month figure through Jun 2026 stood at 0.4 (down 150.41% YoY), and the FY2025 full-year result was 0.05, up 87.45% from the prior year.
- Interest Coverage Ratio grew to 0.22 in Q2 2026 per ICON's latest filing, from 0.06 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.81 in Q3 2024 and bottomed at 406.0 in Q1 2024.
- Historically, Interest Coverage Ratio has averaged 93.65 across 4 years, with a median of 0.12 in 2025.
- The sharpest annual moves came in 2024 and 2025: Interest Coverage Ratio soared 112.85% in 2024, then plunged 118.53% in 2025.
- Over 4 years, Interest Coverage Ratio stood at 395.0 in 2023, then jumped by 100.26% to 1.02 in 2024, then slumped by 118.53% to 0.19 in 2025, then surged by 215.68% to 0.22 in 2026.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 0.22, 0.06, and 0.19 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Frontline | 10.35 Bn | 10.03 Bn | - | 19.06 |
| 2 | Kirby | 7.39 Bn | 7.35 Bn | 290.80 Mn | 11.15 |
| 3 | Matson | 6.76 Bn | 6.64 Bn | - | 99.31 |
| 4 | International Seaways | 5.13 Bn | 5.13 Bn | 467.16 Mn | 28.53 |
| 5 | Hafnia | 4.45 Bn | 4.17 Bn | 372.91 Mn | 27.49 |
| 6 | Cmb.Tech | 4.42 Bn | 4.26 Bn | 970.62 Mn | 5.52 |
| 7 | Scorpio Tankers | 3.80 Bn | 1.97 Bn | 343.91 Mn | 11.03 |
| 8 | ZIM Integrated Shipping Services | 3.60 Bn | 2.57 Bn | 255.00 Mn | 1.34 |
| 9 | Star Bulk Carriers | 3.56 Bn | 3.00 Bn | 299.80 Mn | 12.46 |
| 10 | Icon Energy | 350,042.88 | 350,042.88 | - | -0.22 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.22 |
| Mar 31, 2026 | -0.06 |
| Dec 31, 2025 | -0.19 |
| Sep 30, 2025 | -1.05 |
| Jun 30, 2025 | 0.96 |
| Mar 31, 2025 | 0.49 |
| Dec 31, 2024 | 1.02 |
| Sep 30, 2024 | 6.81 |
| Jun 30, 2024 | -278.00 |
| Mar 31, 2024 | -406.00 |
| Dec 31, 2023 | -395.00 |
| Sep 30, 2023 | -53.00 |