New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026)
New Fortress Energy (NFE) reported Interest Coverage Ratio of 1.21 for Q1 2026, down 1829.63% year-over-year from 0.07 in Q1 2025, and up 63.05% quarter-over-quarter 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.
- Interest Coverage Ratio for Q1 2026 came in at 1.21, down 1829.63% year-over-year; the trailing twelve-month figure through Mar 2026 was 1.74 (down 327.72% YoY), and the FY2025 annual result was 1.44, down 186.22% from the prior year.
- Interest Coverage Ratio grew to 1.21 in Q1 2026 per NFE's latest filing, from 3.26 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 3.94 in Q4 2023 and troughed at 3.26 in Q4 2025.
- A 5-year average of 1.45 and a median of 2.31 in 2023 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2026: Interest Coverage Ratio surged 818.74% in 2022, then sank 1829.63% in 2026.
- A 5-year view of Interest Coverage Ratio shows it stood at 3.11 in 2022, then advanced by 26.78% to 3.94 in 2023, then sank by 40.16% to 2.36 in 2024, then plunged by 238.28% to 3.26 in 2025, then soared by 63.05% to 1.21 in 2026.
- Business Quant data shows NFE's Interest Coverage Ratio at 1.21 in Q1 2026, 3.26 in Q4 2025, and 0.45 in Q3 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 2.64 |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 4.92 |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | - |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 3.15 |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | -17.95 |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 4.17 |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | - |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 3.25 |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 3.25 |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 Mn | 136.95 Mn | -1.21 |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 2.36 |
| Sep 30, 2024 | 1.11 |
| Jun 30, 2024 | 0.57 |
| Mar 31, 2024 | 2.18 |
| Dec 31, 2023 | 3.94 |
| 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 |