New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026)

New Fortress Energy's (NFE) quarterly Interest Coverage Ratio came in at 1.21 in Q1 2026, down 1829.63% year-on-year from 0.07 in Q1 2025, and up 63.05% on a QoQ basis from 3.26 in Q4 2025.

New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026) Analysis & Trends

New Fortress Energy (NFE) has 9 years of Interest Coverage Ratio data on file, last reported at 1.21 in Q1 2026.

  • On a quarterly basis, Interest Coverage Ratio fell 1829.63% year-over-year to 1.21 in Q1 2026; TTM through Mar 2026 was 1.74, a 253.66% decrease from a year earlier, with the FY2025 full-year figure at 1.44, down 222.6% from the prior year.
  • Interest Coverage Ratio for Q1 2026 stood at 1.21, up from 3.26 in the prior quarter.
  • Over the last five years, Interest Coverage Ratio for NFE reached as high as 3.73 in Q1 2023 and fell as low as 5.2 in Q4 2024.
  • Historically, Interest Coverage Ratio has averaged 0.87 across 5 years, with a median of 1.68 in 2023.
  • Across the five-year window, Interest Coverage Ratio soared 818.74% in 2022 and tumbled 1829.63% in 2026, its largest moves.
  • Year by year, Interest Coverage Ratio stood at 3.11 in 2022, then plunged by 45.87% to 1.68 in 2023, then tumbled by 408.6% to 5.2 in 2024, then jumped by 37.2% to 3.26 in 2025, then soared by 63.05% to 1.21 in 2026.
  • Per Business Quant data, the three most recent Interest Coverage Ratio figures were 1.21 in Q1 2026, 3.26 in Q4 2025, and 0.45 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Cover (Qtr)
1 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn 29.67
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -4.16
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 5.26
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 2.64
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 2.88
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 0.70
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 3.15
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 2.21
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 3.25
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 Mn -1.21

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.21
Dec 31, 2025 -3.26
Sep 30, 2025 -0.45
Jun 30, 2025 -2.08
Mar 31, 2025 -0.06
Dec 31, 2024 -5.20
Sep 30, 2024 1.11
Jun 30, 2024 0.57
Mar 31, 2024 2.18
Dec 31, 2023 1.68
Sep 30, 2023 2.31
Jun 30, 2023 2.97
Mar 31, 2023 3.73
Dec 31, 2022 3.11
Sep 30, 2022 2.94
Jun 30, 2022 2.79
Mar 31, 2022 3.71
Dec 31, 2021 4.71
Sep 30, 2021 0.94
Jun 30, 2021 -0.39