New Fortress Energy (NFE) Debt to Equity (2018 - 2026)
New Fortress Energy's (NFE) quarterly Debt to Equity came in at -$150.58 in Q1 2026, down 3202.42% year-on-year from $4.85 in Q1 2025, and down 436.26% sequentially from $44.78 in Q4 2025.
New Fortress Energy (NFE) Debt to Equity (2018 - 2026) Analysis & Trends
New Fortress Energy's Debt to Equity history runs 9 years deep, the most recent figure standing at -$150.58 for Q1 2026.
- In Q1 2026, Debt to Equity fell 3202.42% year-over-year to -$150.58; the TTM figure through Mar 2026 stood at -$150.58 (down 3202.42% YoY), while the FY2025 annual figure was $44.78, up 906.54% from the prior year.
- Debt to Equity came in at -$150.58 for Q1 2026 at New Fortress Energy, down from $44.78 in the prior quarter.
- Over five years, Debt to Equity peaked at $44.78 in Q4 2025 and troughed at -$150.58 in Q1 2026.
- The 5-year median for Debt to Equity is $4.15 (2023), against an average of -$2.54.
- The widest annual swing landed in 2025, when Debt to Equity surged 906.54%; it then plunged 3202.42% in 2026.
- A 5-year view of Debt to Equity shows it stood at $3.15 in 2022, then jumped by 31.7% to $4.15 in 2023, then climbed by 7.25% to $4.45 in 2024, then surged by 906.54% to $44.78 in 2025, then sank by 436.26% to -$150.58 in 2026.
- Per Business Quant data, the three most recent Debt to Equity figures were -$150.58 in Q1 2026, $44.78 in Q4 2025, and $8.45 in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 1.66 |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 1.02 |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 1.12 |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 2.01 |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 5.85 |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 1.79 |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 1.43 |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 182.28 |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 3.41 |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | -150.58 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -150.58 |
| Dec 31, 2025 | 44.78 |
| Sep 30, 2025 | 8.45 |
| Jun 30, 2025 | 7.14 |
| Mar 31, 2025 | 4.85 |
| Dec 31, 2024 | 4.45 |
| Sep 30, 2024 | 4.75 |
| Jun 30, 2024 | 4.52 |
| Mar 31, 2024 | 4.22 |
| Dec 31, 2023 | 4.15 |
| Sep 30, 2023 | 3.91 |
| Jun 30, 2023 | 3.50 |
| Mar 31, 2023 | 3.61 |
| Dec 31, 2022 | 3.15 |
| Sep 30, 2022 | 2.23 |
| Jun 30, 2022 | 2.00 |
| Mar 31, 2022 | 1.70 |
| Dec 31, 2021 | 1.93 |
| Sep 30, 2021 | 2.04 |
| Jun 30, 2021 | 1.76 |