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 up 2.9% sequentially from 0.77 in Q4 2025.
New Fortress Energy (NFE) Debt Ratio (2018 - 2026) Analysis & Trends
New Fortress Energy's Debt Ratio history runs 9 years deep, the most recent figure standing at 0.8 for 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 0.77, up 12.5% from the prior year.
- Debt Ratio came in at 0.8 for Q1 2026 at New Fortress Energy, up 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.
- The 5-year median for Debt Ratio is 0.65 (2023), against an average of 0.66.
- The widest annual swing landed in 2022, when Debt Ratio fell 21.01%; it then increased 18.94% in 2023.
- A 5-year view of Debt Ratio shows it stood at 0.59 in 2022, then grew by 9.78% to 0.65 in 2023, then grew by 6.44% to 0.69 in 2024, then advanced by 12.5% to 0.77 in 2025, then advanced by 2.9% to 0.8 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 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 | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 0.47 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 0.44 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 0.42 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 0.47 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 0.71 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 0.60 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 0.47 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 0.83 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 0.65 |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 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 |