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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |