Firefly AerospaceFLY -2.96%12 Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus rates FLY with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 241 Aerospace & Defense companies, Firefly Aerospace ranks worse than 414937.34% on this metric.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Firefly Aerospace's
Operating Income
for the
three
months ended in Mar. 2026 was $-95.7 Mil. Firefly Aerospace's Interest Expense for the
three
months ended in Mar. 2026 was $-3.6 Mil.
did not have earnings to cover the interest expense.
The higher the ratio, the stronger the company's financial strength is.
The historical rank and industry rank for Firefly Aerospace's Interest Coverage or its related term are showing as below:
FLY's Interest Coverage is not ranked *
in the Aerospace & Defense industry.
Industry Median: 8.69 * Ranked among companies with meaningful Interest Coverage only.
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Firefly Aerospace Interest Coverage Related Terms
Firefly Aerospace Interest Coverage Historical Data
* Premium members only.
The historical data trend for Firefly Aerospace's Interest Coverage can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
FLY vs KRMN, LUNR, HXL: Interest Coverage Comparison
For the Aerospace & Defense subindustry, Firefly Aerospace's Interest Coverage, along with its competitors' market caps and Interest Coverage data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Firefly Aerospace Interest Coverage vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Firefly Aerospace's Interest Coverage distribution charts can be found below:
* The bar in red indicates where Firefly Aerospace's Interest Coverage falls into.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
Firefly Aerospace did not have earnings to cover the interest expense.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Interest Coverage of 0 (At Loss) mean?
Firefly Aerospace (FLY) has a Interest Coverage of 0 (At Loss) as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Firefly Aerospace and its competitors. According to the industry distribution chart, Firefly Aerospace ranks #999999 out of 241 companies in the Aerospace & Defense industry.
Is Firefly Aerospace's Interest Coverage too high?
Firefly Aerospace's current Interest Coverage is 0 (At Loss). Based on the distribution chart, Firefly Aerospace ranks #999999 out of 241 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Firefly Aerospace has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Firefly Aerospace's Interest Coverage compare to KRMN and LUNR?
According to the Aerospace & Defense industry distribution chart, Firefly Aerospace ranks #999999 out of 241 companies for Interest Coverage. This places Firefly Aerospace in the lower half of its industry. The industry median Interest Coverage is 8.69. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Interest Coverage for an Aerospace & Defense company?
The median Interest Coverage among Aerospace & Defense companies is 8.69, based on 241 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Firefly Aerospace and its competitors. For the Aerospace & Defense industry, the median Interest Coverage is 8.69 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Firefly Aerospace's current Interest Coverage is 0 (At Loss). However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Firefly Aerospace stock overvalued right now?
Firefly Aerospace (FLY) has a current Interest Coverage of 0 (At Loss). The current Interest Coverage is 0 (At Loss). Firefly Aerospace's overall GF Score™ is 12/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Firefly Aerospace (FLY), the current Interest Coverage is 0 (At Loss) as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Firefly Aerospace Inc is a space and defense technology company with an established track record of success providing comprehensive mission solutions to national security, government, and commercial customers. The company develops and provides space and defense technologies, including launch vehicles and spacecraft systems, supporting launch, transit, and in-orbit operations for government, commercial, and national security customers. It has only one operating segment. The majority of the company's revenue is derived from Spacecraft Solutions.
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