Legence (LGN) Interest Coverage Ratio (2024 - 2026)
Legence (LGN) posted Interest Coverage Ratio of 0.39 for Q2 2026, up 77.43% on a QoQ basis from 1.73 in Q4 2025, and down 137.98% year-over-year from 1.03 in Q2 2025.
Analysis
Legence (LGN) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
Legence has reported Interest Coverage Ratio for 3 years, with the latest figure at 0.39 in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio fell 137.98% year-over-year to 0.39 in Q2 2026; TTM through Jun 2026 was 0.43, a N/A change from a year earlier, with the FY2025 full-year figure at 0.61, down 21.21% from the prior year.
- Interest Coverage Ratio was 0.39 for Q2 2026 at Legence, up from 1.73 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.32 in Q3 2025, with the low at 1.73 in Q4 2025.
- Average Interest Coverage Ratio over 3 years is 0.26, with a median of 0.62 recorded in 2024.
- The largest YoY upside for Interest Coverage Ratio was 16.1% in 2025 against a maximum downside of 915.8% in 2025.
- Over 3 years, Interest Coverage Ratio stood at 0.21 in 2024, then slumped by 915.8% to 1.73 in 2025, then surged by 77.43% to 0.39 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.39 (Q2 2026), 1.73 (Q4 2025), and 1.32 (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Trane Technologies | 97.32 Bn | 96.02 Bn | 2.26 Bn | 23.06 |
| 2 | Johnson Controls International | 88.44 Bn | 87.84 Bn | 2.47 Bn | - |
| 3 | Comfort Systems Usa | 59.52 Bn | 57.67 Bn | 844.23 Mn | 388.29 |
| 4 | Carrier Global | 47.35 Bn | 46.33 Bn | 1.94 Bn | - |
| 5 | Lennox International | 12.64 Bn | 12.59 Bn | 539.50 Mn | 24.15 |
| 6 | Modine Manufacturing | 9.98 Bn | 9.92 Bn | - | - |
| 7 | SPX Technologies | 9.61 Bn | 9.44 Bn | 272.80 Mn | 13.07 |
| 8 | Smith A O | 7.80 Bn | 7.62 Bn | 387.80 Mn | 20.68 |
| 9 | Aaon | 6.58 Bn | 6.58 Bn | 152.49 Mn | - |
| 10 | Legence | 6.12 Bn | 6.21 Bn | 220.23 Mn | -0.39 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.39 |
| Dec 31, 2025 | -1.73 |
| Sep 30, 2025 | 1.32 |
| Jun 30, 2025 | 1.03 |
| Dec 31, 2024 | 0.21 |
| Sep 30, 2024 | 1.14 |