Sable Offshore (SOC) Interest Coverage Ratio (2024 - 2026)
Sable Offshore (SOC) reported Interest Coverage Ratio of 3.43 for Q1 2026, down 20.3% on a YoY basis from 4.3 in Q1 2025, and up 13.71% quarter-over-quarter from 3.97 in Q4 2025.
Sable Offshore (SOC) Interest Coverage Ratio (2024 - 2026) Analysis & Trends
Sable Offshore has reported Interest Coverage Ratio for 3 years, with the latest figure 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.
- The five-year high for Interest Coverage Ratio was 2.64 in Q4 2024, with the low at 16.24 in Q1 2024.
- Historically, Interest Coverage Ratio has averaged 5.23 across 3 years, with a median of 3.43 in 2026.
- The largest YoY upside for Interest Coverage Ratio was 82.46% in 2025 against a maximum downside of 99.46% in 2025.
- Sable Offshore's Interest Coverage Ratio stood at 2.64 in 2024, then slumped by 50.25% to 3.97 in 2025, then grew 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 | 156.90 Bn | 156.84 Bn | 120.82 Mn | 10.03 |
| 2 | Noble | 7.48 Bn | 6.81 Bn | 755.58 Mn | 5.56 |
| 3 | Transocean | 6.71 Bn | 6.09 Bn | 475.00 Mn | 1.04 |
| 4 | Patterson Uti Energy | 4.36 Bn | 4.03 Bn | 535.85 Mn | -0.82 |
| 5 | Helmerich & Payne | 3.92 Bn | 3.82 Bn | 907.56 Mn | -1.43 |
| 6 | Seadrill | 2.75 Bn | 2.42 Bn | 177.00 Mn | 1.60 |
| 7 | Sable Offshore | 1.56 Bn | 1.51 Bn | -66.76 Mn | -3.43 |
| 8 | Nabors Industries | 1.45 Bn | 1.33 Bn | 290.08 Mn | -10.86 |
| 9 | Borr Drilling | 1.40 Bn | 1.16 Bn | - | -0.73 |
| 10 | Valaris | 492.40 Mn | -85.40 Mn | 92.00 Mn | - |
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 |