Sable Offshore (SOC) Interest Coverage Ratio (2024 - 2026)
Sable Offshore posted quarterly Interest Coverage Ratio of 3.43 for Q1 2026, down 20.3% year-on-year from 4.3 in Q1 2025, and up 13.71% on a QoQ basis from 3.97 in Q4 2025.
Sable Offshore (SOC) has 3 years of Interest Coverage Ratio data on file, last reported at 3.43 in Q1 2026.
- For the quarter ending Q1 2026, Interest Coverage Ratio fell 20.3% year-over-year to 3.43; the trailing twelve-month figure through Mar 2026 stood at 4.58 (down 58.35% YoY), and the FY2025 full-year result was 4.63, up 4.69% from the prior year.
- Interest Coverage Ratio for Q1 2026 stood at 3.43, up from 3.97 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 2.64 in Q4 2024 and bottomed at 16.24 in Q1 2024.
- The 3-year median for Interest Coverage Ratio is 3.43 (2026), against an average of 5.23.
- Peak annual rise in Interest Coverage Ratio reached 82.46% in 2025, while the deepest fall reached 99.46% in 2025.
- A 3-year view of Interest Coverage Ratio shows it stood at 2.64 in 2024, then sank by 50.25% to 3.97 in 2025, then increased by 13.71% to 3.43 in 2026.
- The last three Interest Coverage Ratio figures came in at 3.43 (Q1 2026), 3.97 (Q4 2025), and 5.68 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Precision Drilling | 157.47 Bn | 157.41 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 8.34 Bn | 7.67 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 7.55 Bn | 6.94 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 4.63 Bn | 4.30 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.96 Bn | 3.86 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 3.20 Bn | 2.87 Bn | 177.00 Mn | 1.60 |
| 7 | Sable Offshore | 2.10 Bn | 2.05 Bn | -66.76 Mn | -3.43 |
| 8 | Nabors Industries | 1.49 Bn | 1.37 Bn | 290.08 Mn | -10.86 |
| 9 | Borr Drilling | 1.48 Bn | 1.10 Bn | - | -1.19 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -3.43 |
| Dec 31, 2025 | -3.97 |
| Sep 30, 2025 | -5.68 |
| Jun 30, 2025 | -6.13 |
| Mar 31, 2025 | -2.85 |
| Dec 31, 2024 | -2.64 |
| Sep 30, 2024 | -2.85 |
| Jun 30, 2024 | -3.25 |
| Mar 31, 2024 | -16.24 |