Energy Vault Holdings (NRGV) Interest Coverage Ratio (2021 - 2026)
Energy Vault Holdings' (NRGV) quarterly Interest Coverage Ratio came in at 1.43 in Q1 2026, up 94.78% YoY from 0.74 in Q1 2025, and down 136.91% on a QoQ basis from 3.88 in Q4 2025.
Energy Vault Holdings (NRGV) Interest Coverage Ratio (2021 - 2026) Analysis & Trends
Energy Vault Holdings (NRGV) has 6 years of Interest Coverage Ratio data on file, last reported at 1.43 in Q1 2026.
- Quarterly Interest Coverage Ratio rose 94.78% year-over-year to 1.43 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 4.6 (up 97.23% YoY) and the FY2025 annual result came in at 4.4, down 62.93% from the prior year.
- Interest Coverage Ratio fell to 1.43 in Q1 2026, from 3.88 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 3.88 in Q4 2025 to a low of 32942.0 in Q1 2023.
- A 5-year average of 3689.2 and a median of 12.33 in 2024 frame the typical range for Interest Coverage Ratio.
- Annual changes were most pronounced in 2023 — Interest Coverage Ratio plunged 3079924.84% — and 2025, when it soared 105.68%.
- Tracing NRGV's Interest Coverage Ratio over 5 years: stood at 25740.0 in 2022, then soared by 99.95% to 13.45 in 2023, then slumped by 407.83% to 68.3 in 2024, then soared by 105.68% to 3.88 in 2025, then tumbled by 136.91% to 1.43 in 2026.
- The last three Interest Coverage Ratio figures came in at 1.43 (Q1 2026), 3.88 (Q4 2025), and 6.32 (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enlight Renewable Energy | 11.86 Bn | 10.69 Bn | 117.49 Mn | 1.51 |
| 2 | Ormat Technologies | 6.97 Bn | 6.31 Bn | 68.70 Mn | 0.78 |
| 3 | Brookfield Renewable Partners | 4.63 Bn | 2.13 Bn | 623.00 Mn | 0.21 |
| 4 | Clearway Energy | 3.79 Bn | 3.45 Bn | 332.00 Mn | 1.10 |
| 5 | ReNew Energy Global | 2.48 Bn | 2.06 Bn | 269.00 Mn | 0.02 |
| 6 | Fluence Energy | 1.83 Bn | 1.27 Bn | 33.24 Mn | -1.28 |
| 7 | XPLR Infrastructure | 1.08 Bn | 584.55 Mn | - | 2.00 |
| 8 | AXIA Energia | 672.29 Mn | -1.91 Bn | 1.44 Bn | -2.43 |
| 9 | Energy Vault Holdings | 671.14 Mn | 602.39 Mn | 4.79 Mn | -1.43 |
| 10 | Eco Wave Power Global AB (publ) | 342.25 Mn | 342.25 Mn | - | 15.86 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.43 |
| Dec 31, 2025 | 3.88 |
| Sep 30, 2025 | -6.32 |
| Jun 30, 2025 | -11.19 |
| Mar 31, 2025 | -27.45 |
| Dec 31, 2024 | -68.30 |
| Sep 30, 2024 | -11.53 |
| Jun 30, 2024 | -13.13 |
| Mar 31, 2024 | -25.05 |
| Dec 31, 2023 | -13.45 |
| Sep 30, 2023 | -163.35 |
| Mar 31, 2023 | -32,942.00 |
| Dec 31, 2022 | -25,740.00 |
| Sep 30, 2022 | -7.05 |
| Jun 30, 2022 | -1.86 |
| Mar 31, 2022 | 1.07 |
| Dec 31, 2021 | -203.51 |
| Jun 30, 2021 | -2,713.67 |
| Mar 31, 2021 | -174.18 |