What is Butler Natl Corp's earnings per share (EPS)?

Butler Natl Corp (BUKS) reported diluted earnings per share of $0.34 for fiscal year 2026. This represents a 78.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Butler Natl Corp Financials

BUKS

Source SEC Filings (10-K/10-Q) Data as of Apr 30, 2026 Currency USD FYE April

This page shows Butler Natl Corp (BUKS) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 17 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI BUKS FY2025 2026-07-08

Cash conversion, not just revenue growth, is the dominant mechanic, with deleveraging making each operating gain more durable.

Earnings quality improved sharply in the latest year: operating cash flow reached $18.4M and free cash flow reached $10.1M even though net income was essentially flat from the prior year. That shift suggests the prior year's profit had been absorbed by working capital and capital spending, while the latest year's profit converted into cash the company could keep, helping lift cash to $33.4M even as current liabilities increased.

Over the past three years, long-term debt fell to $28.5M and debt-to-equity improved to 0.4x. Interest expense also eased to $2.2M, so a smaller slice of operating profit is being used to service lenders rather than stay inside the business.

Operating margin widened to 20.0% from 11.5% over the last two years. Because revenue only moved from $75.2M to $84.0M, the improvement looks more like better cost absorption or discipline than a simple sales surge, meaning the company is extracting more profit from a still moderate revenue base.

Financial Health Signals

Financial health score pending refresh

We are recalculating Butler Natl Corp's peer-relative financial health score against the latest fiscal year. It will appear here once the refresh completes. The signals and metrics below are current.

Altman Z-Score Safe

5.23

Butler Natl Corp scores 5.23, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($276.2M) relative to total liabilities ($59.9M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

8/8

Butler Natl Corp passes 8 of 8 computable financial strength tests (1 of the nine could not be computed from available data). All 4 profitability signals pass (positive income, cash flow, and earnings quality), all 3 leverage/liquidity signals pass, both operating efficiency signals pass.

Earnings Quality Cash-Backed

1.18x

For every $1 of reported earnings, Butler Natl Corp generates $1.18 in operating cash flow ($25.8M OCF vs $21.9M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe

14.7x

Butler Natl Corp earns $14.7 in operating income for every $1 of interest expense ($28.5M vs $1.9M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue

$98.0M

YoY+16.7%

5Y CAGR+9.8%

10Y CAGR+8.1%

Butler Natl Corp generated $98.0M in revenue in fiscal year 2026. This represents an increase of 16.7% from the prior year.

EBITDA

$35.3M

YoY+49.8%

5Y CAGR+30.2%

10Y CAGR+28.9%

Butler Natl Corp's EBITDA was $35.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 49.8% from the prior year.

Net Income

$21.9M

YoY+74.8%

5Y CAGR+72.6%

10Y CAGR+97.7%

Butler Natl Corp reported $21.9M in net income in fiscal year 2026. This represents an increase of 74.8% from the prior year.

EPS (Diluted)

$0.34

YoY+78.9%

5Y CAGR+76.2%

Butler Natl Corp earned $0.34 per diluted share (EPS) in fiscal year 2026. This represents an increase of 78.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow

$19.2M

YoY+89.7%

5Y CAGR+24.4%

Butler Natl Corp generated $19.2M in free cash flow in fiscal year 2026, representing cash available after capex. This represents an increase of 89.7% from the prior year.

Cash & Debt

$35.1M

YoY+5.0%

5Y CAGR+11.3%

10Y CAGR+18.7%

Butler Natl Corp held $35.1M in cash against $24.6M in long-term debt as of fiscal year 2026.

Dividends Per Share

N/A

Shares Outstanding

64M

YoY-4.9%

5Y CAGR-3.2%

10Y CAGR-0.0%

Butler Natl Corp had 64M shares outstanding in fiscal year 2026. This represents a decrease of 4.9% from the prior year.

Margins & Returns

Gross Margin

58.0%

10Y CAGR-14.9pp

Butler Natl Corp's gross margin was 58.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs.

Operating Margin

29.0%

YoY+9.0pp

5Y CAGR+19.4pp

10Y CAGR+27.6pp

Butler Natl Corp's operating margin was 29.0% in fiscal year 2026, reflecting core business profitability. This is up 9.0 percentage points from the prior year.

Net Margin

22.4%

YoY+7.4pp

5Y CAGR+20.1pp

10Y CAGR+22.3pp

Butler Natl Corp's net profit margin was 22.4% in fiscal year 2026, showing the share of revenue converted to profit. This is up 7.4 percentage points from the prior year.

Return on Equity

26.8%

YoY+7.5pp

5Y CAGR+23.0pp

10Y CAGR+26.6pp

Butler Natl Corp's ROE was 26.8% in fiscal year 2026, measuring profit generated per dollar of shareholder equity. This is up 7.5 percentage points from the prior year.

Capital Allocation

R&D Spending

$1.5M

YoY+54.0%

5Y CAGR-15.9%

10Y CAGR-2.2%

Butler Natl Corp invested $1.5M in research and development in fiscal year 2026. This represents an increase of 54.0% from the prior year.

Share Buybacks

$5.5M

YoY+142.4%

5Y CAGR+94.7%

Butler Natl Corp spent $5.5M on share buybacks in fiscal year 2026, returning capital to shareholders by reducing shares outstanding. This represents an increase of 142.4% from the prior year.

Capital Expenditures

$6.5M

YoY-20.8%

5Y CAGR-1.3%

10Y CAGR+9.0%

Butler Natl Corp invested $6.5M in capex in fiscal year 2026, funding long-term assets and infrastructure. This represents a decrease of 20.8% from the prior year.

BUKS Income Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Revenue	$98.0M+16.7%	$84.0M+7.1%	$78.4M+4.2%	$75.2M+5.1%	$71.5M+16.3%	$61.5M
Cost of Revenue	$15.7M	N/A	N/A	N/A	N/A	N/A
Gross Profit	$21.7M	N/A	N/A	N/A	N/A	N/A
R&D Expenses	$1.5M+54.0%	$952K+15.7%	$823K-22.7%	$1.1M-54.7%	$2.4M-32.7%	$3.5M
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$28.5M+69.1%	$16.8M+27.1%	$13.2M+53.0%	$8.7M-46.3%	$16.1M+173.4%	$5.9M
Interest Expense	$1.9M-11.2%	$2.2M-11.0%	$2.4M-10.8%	$2.7M+2.0%	$2.7M-14.3%	$3.1M
Income Tax	$7.4M+76.8%	$4.2M-1.8%	$4.2M+111.0%	$2.0M-38.6%	$3.3M+953.4%	$311K
Net Income	$21.9M+74.8%	$12.6M+0.3%	$12.5M+177.1%	$4.5M-56.4%	$10.4M+623.5%	$1.4M
EPS (Diluted)	$0.34+78.9%	$0.19+5.6%	$0.18+200.0%	$0.06-57.1%	$0.14+600.0%	$0.02

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Revenue	$27.7M+2.8%	$26.9M+15.7%	$23.3M+15.5%	$20.1M-6.9%	$21.6M+2.0%	$21.2M-0.9%	$21.4M+7.7%	$19.8M
Cost of Revenue	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Gross Profit	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
R&D Expenses	N/A	N/A	N/A	$262K	N/A	N/A	N/A	$220K
SG&A Expenses	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Income	$7.5M-19.1%	$9.2M+30.5%	$7.1M+51.6%	$4.7M+5.8%	$4.4M+9.6%	$4.0M-17.1%	$4.9M+37.3%	$3.5M
Interest Expense	$431K-9.8%	$478K-4.6%	$501K-4.2%	$523K+1.2%	$517K-7.2%	$557K+3.5%	$538K-4.8%	$565K
Income Tax	$1.7M-27.9%	$2.3M-18.2%	$2.8M+344.0%	$630K-16.1%	$751K-40.2%	$1.3M-5.5%	$1.3M+59.9%	$831K
Net Income	$5.6M-17.1%	$6.7M+11.8%	$6.0M+62.7%	$3.7M+10.6%	$3.3M-1.4%	$3.4M-6.1%	$3.6M+60.1%	$2.2M
EPS (Diluted)	N/A	$0.10+11.1%	$0.09+50.0%	$0.06	N/A	$0.050.0%	$0.05+66.7%	$0.03

BUKS Balance Sheet

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Total Assets	$141.8M+8.9%	$130.3M+13.6%	$114.6M+9.2%	$105.0M+1.0%	$104.0M+2.4%	$101.5M
Current Assets	$67.3M+23.4%	$54.5M+39.8%	$39.0M+22.8%	$31.8M+4.3%	$30.5M-10.6%	$34.1M
Cash & Equivalents	$35.1M+5.0%	$33.4M+87.5%	$17.8M+25.3%	$14.2M-3.8%	$14.8M-28.1%	$20.6M
Inventory	$13.1M+24.6%	$10.5M+9.3%	$9.6M+6.4%	$9.0M-2.9%	$9.3M+10.2%	$8.5M
Accounts Receivable	$14.0M+84.2%	$7.6M+3.7%	$7.3M+124.7%	$3.3M-9.8%	$3.6M+22.3%	$3.0M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$59.9M-8.0%	$65.0M+11.5%	$58.4M-7.1%	$62.8M+0.9%	$62.2M+12.7%	$55.2M
Current Liabilities	$31.4M-3.7%	$32.6M+45.6%	$22.4M+0.9%	$22.2M+33.7%	$16.6M+25.4%	$13.2M
Long-Term Debt	$24.6M-13.7%	$28.5M-10.9%	$32.0M-14.1%	$37.3M-11.8%	$42.2M+8.7%	$38.8M
Total Equity	$82.0M+25.7%	$65.2M+15.9%	$56.3M+33.3%	$42.2M+1.1%	$41.7M+8.7%	$38.4M
Retained Earnings	$81.5M+28.9%	$63.2M+28.4%	$49.2M+39.9%	$35.2M+15.8%	$30.4M+35.1%	$22.5M

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Total Assets	$141.8M+0.6%	$141.0M+10.0%	$128.2M-1.6%	$130.3M+5.7%	$123.3M-4.1%	$128.6M+12.5%	$114.3M-0.3%	$114.6M
Current Assets	$67.3M+1.4%	$66.4M+24.9%	$53.1M-2.5%	$54.5M+15.3%	$47.3M-10.2%	$52.7M+39.6%	$37.8M-3.2%	$39.0M
Cash & Equivalents	$35.1M-3.7%	$36.5M+23.1%	$29.6M-11.4%	$33.4M+32.6%	$25.2M-17.8%	$30.7M+90.0%	$16.2M-9.4%	$17.8M
Inventory	$13.1M+8.4%	$12.1M+5.6%	$11.5M+8.9%	$10.5M-3.7%	$10.9M+5.4%	$10.4M-0.8%	$10.4M+8.5%	$9.6M
Accounts Receivable	$14.0M+15.0%	$12.2M+61.9%	$7.5M-1.1%	$7.6M+29.5%	$5.9M-6.7%	$6.3M+16.4%	$5.4M-26.3%	$7.3M
Goodwill	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Total Liabilities	$59.9M-7.4%	$64.6M+11.5%	$58.0M-10.9%	$65.0M+11.8%	$58.2M-12.2%	$66.2M+19.8%	$55.3M-5.3%	$58.4M
Current Liabilities	$31.4M-10.8%	$35.2M+29.9%	$27.1M-17.0%	$32.6M+33.7%	$24.4M-21.5%	$31.1M+50.9%	$20.6M-8.1%	$22.4M
Long-Term Debt	$24.6M-3.8%	$25.6M-5.2%	$27.0M-5.3%	$28.5M-4.5%	$29.9M-4.3%	$31.2M+1.5%	$30.7M-3.9%	$32.0M
Total Equity	$82.0M+7.4%	$76.3M+8.7%	$70.2M+7.6%	$65.2M+0.2%	$65.1M+4.4%	$62.4M+5.6%	$59.1M+4.9%	$56.3M
Retained Earnings	$81.5M+7.3%	$75.9M+9.7%	$69.2M+9.5%	$63.2M+6.2%	$59.5M+5.9%	$56.2M+6.4%	$52.8M+7.3%	$49.2M

BUKS Cash Flow Statement

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Operating Cash Flow	$25.8M+40.1%	$18.4M+144.1%	$7.5M-64.0%	$20.9M+87.3%	$11.2M-16.9%	$13.5M
Capital Expenditures	$6.5M-20.8%	$8.3M-5.5%	$8.7M+34.3%	$6.5M-32.0%	$9.6M+37.0%	$7.0M
Free Cash Flow	$19.2M+89.7%	$10.1M+944.0%	-$1.2M-108.3%	$14.4M+802.3%	$1.6M-75.3%	$6.5M
Investing Cash Flow	-$4.4M+19.4%	-$5.4M-380.9%	-$1.1M+81.0%	-$5.9M+37.5%	-$9.5M-35.9%	-$7.0M
Financing Cash Flow	-$11.5M-107.3%	-$5.6M+47.7%	-$10.6M-93.4%	-$5.5M+51.0%	-$11.2M-806.1%	-$1.2M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$5.5M+142.4%	$2.3M-55.3%	$5.1M+8193.4%	$61K-63.7%	$168K-14.3%	$196K

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Operating Cash Flow	$1.3M-88.1%	$10.6M+1393.8%	-$822K-105.6%	$14.7M+1351.0%	-$1.2M-108.4%	$14.0M+440.2%	$2.6M-12.0%	$3.0M
Capital Expenditures	$1.8M+23.1%	$1.5M-21.3%	$1.9M+28.7%	$1.4M-32.1%	$2.1M+38.1%	$1.5M-55.2%	$3.4M+189.8%	$1.2M
Free Cash Flow	-$526K-105.7%	$9.2M+443.4%	-$2.7M-120.2%	$13.3M+502.7%	-$3.3M-126.4%	$12.5M+1609.2%	-$828K-146.8%	$1.8M
Investing Cash Flow	-$1.2M+18.1%	-$1.5M-420.0%	-$280K+80.5%	-$1.4M+31.7%	-$2.1M-6091.2%	-$34K+98.4%	-$2.1M-77.2%	-$1.2M
Financing Cash Flow	-$1.4M+37.9%	-$2.3M+14.2%	-$2.7M+46.3%	-$5.0M-129.1%	-$2.2M-498.7%	$552K+125.4%	-$2.2M-25.9%	-$1.7M
Dividends Paid	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$8K-98.8%	$665K-42.4%	$1.2M-68.4%	$3.7M+377.5%	$765K+475.2%	$133K-85.2%	$899K+93.8%	$464K

BUKS Financial Ratios

Metric	FY26	FY25	FY24	FY23	FY22	FY21
Gross Margin	58.0%	N/A	N/A	N/A	N/A	N/A
Operating Margin	29.0%+9.0pp	20.0%+3.1pp	16.9%+5.4pp	11.5%-11.0pp	22.6%+13.0pp	9.6%
Net Margin	22.4%+7.4pp	14.9%-1.0pp	16.0%+9.9pp	6.0%-8.5pp	14.5%+12.2pp	2.3%
Return on Equity	26.8%+7.5pp	19.2%-3.0pp	22.2%+11.5pp	10.7%-14.1pp	24.8%+21.1pp	3.7%
Return on Assets	15.5%+5.8pp	9.6%-1.3pp	10.9%+6.6pp	4.3%-5.7pp	10.0%+8.6pp	1.4%
Current Ratio	2.14+0.5	1.67-0.1	1.74+0.3	1.43-0.4	1.84-0.7	2.57
Debt-to-Equity	0.30-0.1	0.44-0.1	0.57-0.3	0.88-0.1	1.010.0	1.01
FCF Margin	19.6%+7.6pp	12.1%+13.6pp	-1.5%-20.7pp	19.2%+16.9pp	2.2%-8.3pp	10.5%

Metric	Q4'26	Q3'26	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25
Gross Margin	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Operating Margin	27.0%-7.3pp	34.3%+3.9pp	30.4%+7.3pp	23.2%+2.8pp	20.4%+1.4pp	19.0%-3.7pp	22.7%+4.9pp	17.8%
Net Margin	20.1%-4.8pp	24.9%-0.9pp	25.8%+7.5pp	18.3%+2.9pp	15.4%-0.5pp	16.0%-0.9pp	16.8%+5.5pp	11.3%
Return on Equity	6.8%-2.0pp	8.8%+0.2pp	8.5%+2.9pp	5.7%+0.5pp	5.1%-0.3pp	5.4%-0.7pp	6.1%+2.1pp	4.0%
Return on Assets	3.9%-0.8pp	4.8%+0.1pp	4.7%+1.9pp	2.8%+0.1pp	2.7%+0.1pp	2.6%-0.5pp	3.1%+1.2pp	2.0%
Current Ratio	2.14+0.3	1.88-0.1	1.96+0.3	1.67-0.3	1.94+0.2	1.69-0.1	1.83+0.1	1.74
Debt-to-Equity	0.30-0.0	0.34-0.0	0.38-0.1	0.44-0.0	0.46-0.0	0.50-0.0	0.52-0.0	0.57
FCF Margin	-1.9%-36.0pp	34.1%+45.6pp	-11.5%-77.4pp	65.9%+81.1pp	-15.2%-74.3pp	59.0%+62.9pp	-3.9%-12.8pp	8.9%

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Frequently Asked Questions

What is Butler Natl Corp's annual revenue?

Butler Natl Corp (BUKS) reported $98.0M in total revenue for fiscal year 2026. This represents a 16.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Butler Natl Corp's revenue growing?

Butler Natl Corp (BUKS) revenue grew by 16.7% year-over-year, from $84.0M to $98.0M in fiscal year 2026.

Is Butler Natl Corp profitable?

Yes, Butler Natl Corp (BUKS) reported a net income of $21.9M in fiscal year 2026, with a net profit margin of 22.4%.

What is Butler Natl Corp's EBITDA?

Butler Natl Corp (BUKS) had EBITDA of $35.3M in fiscal year 2026, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Butler Natl Corp have?

As of fiscal year 2026, Butler Natl Corp (BUKS) had $35.1M in cash and equivalents against $24.6M in long-term debt.

What is Butler Natl Corp's gross margin?

Butler Natl Corp (BUKS) had a gross margin of 58.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.

What is Butler Natl Corp's operating margin?

Butler Natl Corp (BUKS) had an operating margin of 29.0% in fiscal year 2026, reflecting the profitability of core business operations before interest and taxes.

What is Butler Natl Corp's net profit margin?

Butler Natl Corp (BUKS) had a net profit margin of 22.4% in fiscal year 2026, representing the share of revenue converted into profit after all expenses.

What is Butler Natl Corp's return on equity (ROE)?

Butler Natl Corp (BUKS) has a return on equity of 26.8% for fiscal year 2026, measuring how efficiently the company generates profit from shareholder equity.

What is Butler Natl Corp's free cash flow?

Butler Natl Corp (BUKS) generated $19.2M in free cash flow during fiscal year 2026. This represents a 89.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Butler Natl Corp's operating cash flow?

Butler Natl Corp (BUKS) generated $25.8M in operating cash flow during fiscal year 2026, representing cash generated from core business activities.

What are Butler Natl Corp's total assets?

Butler Natl Corp (BUKS) had $141.8M in total assets as of fiscal year 2026, including both current and long-term assets.

What are Butler Natl Corp's capital expenditures?

Butler Natl Corp (BUKS) invested $6.5M in capital expenditures during fiscal year 2026, funding long-term assets and infrastructure.

How much does Butler Natl Corp spend on research and development?

Butler Natl Corp (BUKS) invested $1.5M in research and development during fiscal year 2026.

Does Butler Natl Corp buy back shares?

Yes, Butler Natl Corp (BUKS) spent $5.5M on share buybacks during fiscal year 2026, returning capital to shareholders by reducing shares outstanding.

How many shares does Butler Natl Corp have outstanding?

Butler Natl Corp (BUKS) had 64M shares outstanding as of fiscal year 2026.

What is Butler Natl Corp's current ratio?

Butler Natl Corp (BUKS) had a current ratio of 2.14 as of fiscal year 2026, which is generally considered healthy.

What is Butler Natl Corp's debt-to-equity ratio?

Butler Natl Corp (BUKS) had a debt-to-equity ratio of 0.30 as of fiscal year 2026, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Butler Natl Corp's return on assets (ROA)?

Butler Natl Corp (BUKS) had a return on assets of 15.5% for fiscal year 2026, measuring how efficiently the company uses its assets to generate profit.

What is Butler Natl Corp's Altman Z-Score?

Butler Natl Corp (BUKS) has an Altman Z-Score of 5.23, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Butler Natl Corp's Piotroski F-Score?

Butler Natl Corp (BUKS) has a Piotroski F-Score of 8 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Butler Natl Corp's earnings high quality?

Butler Natl Corp (BUKS) has an earnings quality ratio of 1.18x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Butler Natl Corp cover its interest payments?

Butler Natl Corp (BUKS) has an interest coverage ratio of 14.7x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.