New Fortress Energy (NFE) Debt Ratio (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Debt Ratio of 0.8 for Q1 2026, up 13.4% year-over-year from 0.7 in Q1 2025, and down 44.82% quarter-over-quarter from 1.44 in Q4 2025.
New Fortress Energy (NFE) Debt Ratio (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Debt Ratio for 9 consecutive years, with 0.8 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio rose 13.4% year-over-year to 0.8; the TTM figure through Mar 2026 stood at 0.8 (up 13.4% YoY), while the FY2025 annual figure was 1.44, up 97.81% from the prior year.
- Debt Ratio slipped to 0.8 in Q1 2026 per NFE's latest filing, from 1.44 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.44 in Q4 2025 and bottomed at 0.01 in Q3 2022.
- Historically, Debt Ratio has averaged 0.64 across 5 years, with a median of 0.65 in 2023.
- Annual changes were most pronounced in 2022 — Debt Ratio slumped 97.73% — and 2023, when it soared 4710.71%.
- New Fortress Energy's Debt Ratio stood at 0.59 in 2022, then grew by 9.78% to 0.65 in 2023, then climbed by 12.89% to 0.73 in 2024, then jumped by 97.81% to 1.44 in 2025, then slumped by 44.82% to 0.8 in 2026.
- Business Quant data shows NFE's Debt Ratio at 0.8 in Q1 2026, 1.44 in Q4 2025, and 0.74 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.44 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.48 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.41 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.46 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.60 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.48 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.69 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.50 |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | 1.45 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.45 |
| Mar 31, 2026 | 0.80 |
| 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 | 0.59 |
| Sep 30, 2022 | 0.01 |
| Jun 30, 2022 | 0.02 |
| Mar 31, 2022 | 0.55 |
| Dec 31, 2021 | 0.57 |
| Sep 30, 2021 | 0.58 |