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

New Fortress Energy's (NFE) quarterly Debt Ratio came in at 0.8 in Q1 2026, up 13.4% year-on-year from 0.7 in Q1 2025, and down 44.82% on a QoQ basis from 1.44 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.

  • On a quarterly basis, Debt Ratio rose 13.4% year-over-year to 0.8 in Q1 2026; TTM through Mar 2026 was 0.8, a 13.4% increase from a year earlier, with the FY2025 full-year figure at 1.44, up 97.81% from the prior year.
  • Debt Ratio for Q1 2026 stood at 0.8, down from 1.44 in the prior quarter.
  • Over the last five years, Debt Ratio for NFE reached as high as 1.44 in Q4 2025 and fell as low as 0.01 in Q3 2022.
  • Historically, Debt Ratio has averaged 0.64 across 5 years, with a median of 0.65 in 2023.
  • Across the five-year window, Debt Ratio plunged 97.73% in 2022 and jumped 4710.71% in 2023, its largest moves.
  • Year by year, Debt Ratio stood at 0.59 in 2022, then rose by 9.78% to 0.65 in 2023, then increased by 12.89% to 0.73 in 2024, then soared by 97.81% to 1.44 in 2025, then slumped by 44.82% to 0.8 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.8 in Q1 2026, 1.44 in Q4 2025, and 0.74 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 0.06
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn 0.70
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 0.44
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 0.47
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 0.42
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.39
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 0.47
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 0.70
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 0.49
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 Mn 0.80

Historic Data

Download Data
DateValue
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
Jun 30, 2021 0.55