Velocity Financial (VEL) Interest Coverage Ratio (2019 - 2026)
Velocity Financial's (VEL) Interest Coverage Ratio stood at 1.38 in Q2 2026, down 5.8% from 1.46 a year earlier but up 2.6% from the prior quarter.
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Analysis
Velocity Financial (VEL) Interest Coverage Ratio (2019 - 2026) Analysis & Trends
On a TTM basis, Velocity Financial's Interest Coverage Ratio came in at 1.43 as of Jun 30, 2026, down 0.8% year-over-year; for FY2025, it came in at 1.47, up 2.6% from FY2024.
- Annual Interest Coverage Ratio has increased for three straight years.
- Across earlier years, Interest Coverage Ratio came in at 1.44 in FY2024 (+0.4%), 1.43 in FY2023 (+2.0%) and 1.40 in FY2022.
- Quarterly Interest Coverage Ratio has ranged from 1.33 in Q4 2022 to 1.57 in Q4 2025 over the past five years.
- On a year-over-year basis, Interest Coverage Ratio rose in four of the last eight quarters, with an average decline of 0.1%.
- Peak year-over-year performance for Interest Coverage Ratio in the last five years was growth of 11.9% in Q4 2023, against a decline of 5.8% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.34 (Q1 2026), 1.57 (Q4 2025) and 1.44 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 41.00 Bn | 29.82 Bn | - | 3.67 |
| 2 | Royalty Pharma | 39.88 Bn | 40.21 Bn | - | 4.54 |
| 3 | Orix | 36.75 Bn | 7.39 Bn | 13.83 Bn | 2.27 |
| 4 | Federal National Mortgage Association Fannie Mae | 25.40 Bn | -16,108.71 Bn | - | 1.15 |
| 5 | Royal Gold | 23.20 Bn | 22.41 Bn | 402.46 Mn | 59.33 |
| 6 | Affirm Holdings | 22.35 Bn | 15.40 Bn | - | 1.39 |
| 7 | Synchrony Financial | 22.29 Bn | -45.34 Bn | - | 2.21 |
| 8 | Annaly Capital Management | 14.69 Bn | 5.72 Bn | - | 0.31 |
| 9 | Ares Capital | 14.04 Bn | 11.79 Bn | - | - |
| 10 | Velocity Financial | 657.22 Mn | 319.62 Mn | - | 0.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.12 |
| Jun 30, 2026 | 0.11 |
| Mar 31, 2026 | 0.07 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.11 |
| Mar 31, 2025 | 0.09 |
| Dec 31, 2024 | 0.08 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.10 |
| Mar 31, 2024 | 0.08 |
| Dec 31, 2023 | 1.33 |
| Sep 30, 2023 | 1.55 |
| Jun 30, 2023 | 1.57 |
| Mar 31, 2023 | 1.40 |
| Dec 31, 2022 | 1.52 |
| Sep 30, 2022 | 1.49 |
| Jun 30, 2022 | 1.49 |
| Mar 31, 2022 | 1.14 |
| Dec 31, 2021 | 1.44 |
API Access
Velocity Financial Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=VEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "VEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=VEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();