New Fortress Energy (NFE) Debt Ratio (2018 - 2026)
New Fortress Energy (NFE) reported Debt Ratio of 0.8 for Q1 2026, up 13.4% year-over-year from 0.7 in Q1 2025, and up 2.9% quarter-over-quarter from 0.77 in Q4 2025.
New Fortress Energy (NFE) Debt Ratio (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Debt Ratio data on file, last reported at 0.8 in Q1 2026.
- Debt Ratio for Q1 2026 came in at 0.8, up 13.4% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.8 (up 13.4% YoY), and the FY2025 annual result was 0.77, up 12.5% from the prior year.
- Debt Ratio advanced to 0.8 in Q1 2026 per NFE's latest filing, from 0.77 in the prior quarter.
- Over five years, Debt Ratio peaked at 0.8 in Q1 2026 and troughed at 0.53 in Q1 2022.
- A 5-year average of 0.66 and a median of 0.65 in 2023 frame the typical range for Debt Ratio.
- The sharpest annual moves came in 2022 and 2023: Debt Ratio declined 21.01% in 2022, then grew 18.94% in 2023.
- A 5-year view of Debt Ratio shows it stood at 0.59 in 2022, then climbed by 9.78% to 0.65 in 2023, then climbed by 6.44% to 0.69 in 2024, then gained by 12.5% to 0.77 in 2025, then gained by 2.9% to 0.8 in 2026.
- Business Quant data shows NFE's Debt Ratio at 0.8 in Q1 2026, 0.77 in Q4 2025, and 0.74 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 0.47 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 0.42 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 0.44 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 0.47 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 0.14 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 0.60 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 0.71 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 0.47 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 0.39 |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 Mn | 136.95 Mn | 0.80 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.80 |
| Dec 31, 2025 | 0.77 |
| Sep 30, 2025 | 0.74 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.70 |
| Dec 31, 2024 | 0.69 |
| 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 | 0.60 |
| Jun 30, 2022 | 0.57 |
| Mar 31, 2022 | 0.53 |
| Dec 31, 2021 | 0.56 |
| Sep 30, 2021 | 0.58 |
| Jun 30, 2021 | 0.55 |