New Fortress Energy NFE
NASDAQ NFE
$0.27 -0.01 (-3.57%)
At close: Sep 4, 2026 · 4:00 PM EDT

New Fortress Energy (NFE) Debt Ratio (2018 - 2026)

New Fortress Energy's (NFE) quarterly Debt Ratio came in at 1.45 in Q2 2026, up 94.19% year-over-year from 0.75 in Q2 2025, and down 2.38% quarter-over-quarter from 1.49 in Q1 2026.

Analysis

New Fortress Energy (NFE) Debt Ratio (2018 - 2026) Analysis & Trends

New Fortress Energy (NFE) has reported Debt Ratio for 9 consecutive years, with 1.45 the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Debt Ratio rose 94.19% year-over-year to 1.45 in Q2 2026; TTM through Jun 2026 was 1.45, a 94.19% increase from a year earlier, with the FY2025 full-year figure at 1.44, up 97.81% from the prior year.
  • Debt Ratio was 1.45 for Q2 2026 at New Fortress Energy, down from 1.49 in the prior quarter.
  • Over five years, Debt Ratio peaked at 1.49 in Q1 2026 and troughed at 0.55 in Q1 2022.
  • A 5-year average of 0.79 and a median of 0.66 in 2023 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio dropped 18.99% in 2022 and surged 111.67% in 2026, its largest moves.
  • Over 5 years, Debt Ratio stood at 0.6 in 2022, then grew by 8.24% to 0.65 in 2023, then gained by 12.89% to 0.73 in 2024, then surged by 97.81% to 1.44 in 2025, then increased by 0.53% to 1.45 in 2026.
  • The last three Debt Ratio figures came in at 1.45 (Q2 2026), 1.49 (Q1 2026), and 1.44 (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Cheniere Energy 60.31 Bn 64.35 Bn 5.29 Bn 0.51
2 Venture Global 35.87 Bn 36.16 Bn 2.92 Bn 0.68
3 Cheniere Energy Partners 33.13 Bn 32.69 Bn 1.82 Bn 0.82
4 Golar Lng 5.28 Bn 2.58 Bn 88.31 Mn -0.50
5 Excelerate Energy 4.69 Bn 5.90 Bn 273.19 Mn 0.22
6 NextDecade 1.95 Bn 4.32 Bn - 0.69
7 Stabilis Solutions 111.39 Mn 97.07 Mn 2.35 Mn 0.08
8 New Fortress Energy 77.11 Mn -301.82 Mn 102.12 Mn 1.45
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 1.45
Mar 31, 2026 1.49
Dec 31, 2025 1.44
Sep 30, 2025 0.74
Jun 30, 2025 0.75
Mar 31, 2025 0.70
Dec 31, 2024 0.73
Sep 30, 2024 0.67
Jun 30, 2024 0.67
Mar 31, 2024 0.65
Dec 31, 2023 0.65
Sep 30, 2023 0.63
Jun 30, 2023 0.59
Mar 31, 2023 0.64
Dec 31, 2022 0.60
Sep 30, 2022 0.61
Jun 30, 2022 0.59
Mar 31, 2022 0.55
Dec 31, 2021 0.57
Sep 30, 2021 0.58