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| 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 | -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 |