Wisconsin Electric Power (WELPM) Interest Coverage Ratio (2010 - 2024)
Wisconsin Electric Power (WELPM) reported Interest Coverage Ratio of 1.77 for Q2 2024, down 15.12% year-over-year from 2.09 in Q3 2023, and down 22.03% quarter-over-quarter from 2.27 in Q1 2024.
Wisconsin Electric Power (WELPM) Interest Coverage Ratio (2010 - 2024) Analysis & Trends
Wisconsin Electric Power (WELPM) has 15 years of Interest Coverage Ratio data on file, last reported at 1.77 in Q2 2024.
- Interest Coverage Ratio for Q2 2024 came in at 1.77, down 15.12% year-over-year; the trailing twelve-month figure through Mar 2025 was 9.4 (up 324.77% YoY), and the FY2025 annual result was 2.39, up 10.04% from the prior year.
- Interest Coverage Ratio declined to 1.77 in Q2 2024 per WELPM's latest filing, from 2.27 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 2.7 in Q3 2023 and troughed at 1.34 in Q4 2021.
- A 5-year average of 2.0 and a median of 2.09 in 2020 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2020 and 2024: Interest Coverage Ratio advanced 24.77% in 2020, then declined 15.12% in 2024.
- A 5-year view of Interest Coverage Ratio shows it stood at 1.55 in 2020, then dropped by 13.95% to 1.34 in 2021, then rose by 7.93% to 1.44 in 2022, then grew by 24.76% to 1.8 in 2023, then declined by 1.58% to 1.77 in 2024.
- Business Quant data shows WELPM's Interest Coverage Ratio at 1.77 in Q2 2024, 2.27 in Q1 2024, and 1.8 in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Fortis | 664.76 Bn | 664.50 Bn | 1.70 Bn | 2.57 |
| 2 | Dominion Energy | 60.27 Bn | 64.46 Bn | 4.03 Bn | 2.48 |
| 3 | Xcel Energy | 48.32 Bn | 46.42 Bn | 3.35 Bn | 1.83 |
| 4 | Wec Energy | 36.56 Bn | 36.93 Bn | 2.83 Bn | 4.29 |
| 5 | Ameren | 30.01 Bn | 30.12 Bn | 1.69 Bn | 2.61 |
| 6 | Korea Electric Power | 28.97 Bn | 14.20 Bn | 11.57 Bn | -0.39 |
| 7 | Edison International | 27.64 Bn | 27.48 Bn | 3.85 Bn | 11.19 |
| 8 | Firstenergy | 26.85 Bn | 28.22 Bn | 2.74 Bn | 2.54 |
| 9 | Cms Energy | 22.51 Bn | 22.92 Bn | 2.28 Bn | 2.41 |
| 10 | Wisconsin Electric Power | - | - | 1.04 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 1.77 |
| Mar 31, 2024 | 2.27 |
| Dec 31, 2023 | 1.80 |
| Sep 30, 2023 | 2.70 |
| Jun 30, 2023 | 2.09 |
| Mar 31, 2023 | 2.19 |
| Dec 31, 2022 | 1.44 |
| Sep 30, 2022 | 2.41 |
| Jun 30, 2022 | 1.83 |
| Mar 31, 2022 | 2.55 |
| Dec 31, 2021 | 1.34 |
| Sep 30, 2021 | 2.28 |
| Jun 30, 2021 | 1.72 |
| Mar 31, 2021 | 2.20 |
| Dec 31, 2020 | 1.55 |
| Sep 30, 2020 | 2.10 |
| Jun 30, 2020 | 1.62 |
| Mar 31, 2020 | 2.08 |
| Dec 31, 2019 | 1.30 |
| Sep 30, 2019 | 1.69 |