Magnite (MGNI) Interest Coverage Ratio (2023 - 2026)
Magnite (MGNI) recorded quarterly Interest Coverage Ratio of 1.69 in Q1 2026, down 86.94% quarter-over-quarter from 12.97 in Q4 2025, and up 742.9% on a YoY basis from 0.2 in Q1 2025.
Magnite (MGNI) Interest Coverage Ratio (2023 - 2026) Analysis & Trends
Magnite's Interest Coverage Ratio history runs 4 years deep, the most recent figure standing at 1.69 for Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 742.9% year-over-year to 1.69; the TTM figure through Mar 2026 stood at 5.83 (up 122.43% YoY), while the FY2025 annual figure was 5.16, up 172.92% from the prior year.
- Interest Coverage Ratio was 1.69 for Q1 2026 at Magnite, down from 12.97 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 12.97 in Q4 2025 to a low of 8.43 in Q2 2023.
- Historically, Interest Coverage Ratio has averaged 2.24 across 4 years, with a median of 1.95 in 2026.
- The sharpest annual moves came in 2024 and 2026: Interest Coverage Ratio jumped 70.71% in 2024, then soared 742.9% in 2026.
- A 4-year view of Interest Coverage Ratio shows it stood at 4.34 in 2023, then surged by 70.71% to 7.4 in 2024, then jumped by 75.19% to 12.97 in 2025, then tumbled by 86.94% to 1.69 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.69 (Q1 2026), 12.97 (Q4 2025), and 5.36 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | AppLovin | 175.91 Bn | 173.15 Bn | 1.78 Bn | 28.15 |
| 2 | Omnicom | 22.52 Bn | 18.86 Bn | 1.04 Bn | 5.43 |
| 3 | Trade Desk | 9.46 Bn | 8.05 Bn | 506.89 Mn | - |
| 4 | Wpp | 2.71 Bn | -875.81 Mn | - | - |
| 5 | Nexxen International | 2.36 Bn | 2.23 Bn | 70.41 Mn | -4.52 |
| 6 | Magnite | 2.27 Bn | 2.09 Bn | 118.28 Mn | 1.69 |
| 7 | Ziff Davis | 1.74 Bn | 1.22 Bn | 152.41 Mn | - |
| 8 | DoubleVerify Holdings | 1.69 Bn | 1.51 Bn | 135.23 Mn | 37.86 |
| 9 | Stagwell | 1.60 Bn | 1.51 Bn | 244.61 Mn | 0.41 |
| 10 | Clear Channel Outdoor Holdings | 1.19 Bn | 1.02 Bn | 193.76 Mn | 0.40 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.69 |
| Dec 31, 2025 | 12.97 |
| Sep 30, 2025 | 5.36 |
| Jun 30, 2025 | 4.33 |
| Mar 31, 2025 | -0.26 |
| Dec 31, 2024 | 7.40 |
| Sep 30, 2024 | 2.21 |
| Jun 30, 2024 | 1.41 |
| Mar 31, 2024 | -1.74 |
| Dec 31, 2023 | 4.34 |
| Sep 30, 2023 | -2.36 |
| Jun 30, 2023 | -8.43 |