New Fortress Energy (NFE) Debt to Equity (2018 - 2026)
New Fortress Energy (NFE) reported Debt to Equity of -$150.58 for Q1 2026, down 3202.42% year-over-year from $4.85 in Q1 2025, and down 436.26% quarter-over-quarter from $44.78 in Q4 2025.
New Fortress Energy (NFE) Debt to Equity (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Debt to Equity data on file, last reported at -$150.58 in Q1 2026.
- Debt to Equity for Q1 2026 came in at -$150.58, down 3202.42% year-over-year; the trailing twelve-month figure through Mar 2026 was -$150.58 (down 3202.42% YoY), and the FY2025 annual result was $44.78, up 906.54% from the prior year.
- Debt to Equity retreated to -$150.58 in Q1 2026 per NFE's latest filing, 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.
- A 5-year average of -$2.54 and a median of $4.15 in 2023 frame the typical range for Debt to Equity.
- The sharpest annual moves came in 2025 and 2026: Debt to Equity jumped 906.54% in 2025, then tumbled 3202.42% in 2026.
- A 5-year view of Debt to Equity shows it stood at $3.15 in 2022, then soared by 31.7% to $4.15 in 2023, then advanced by 7.25% to $4.45 in 2024, then jumped by 906.54% to $44.78 in 2025, then plunged by 436.26% to -$150.58 in 2026.
- Business Quant data shows NFE's Debt to Equity at -$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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | 1.66 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 1.12 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 1.02 |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 2.01 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 1.79 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 5.85 |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 1.43 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 1.71 |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 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 |