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
DateValue
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