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% sequentially from 3.26 in Q4 2025.

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

New Fortress Energy's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 1.21 for Q1 2026.

  • In Q1 2026, Interest Coverage Ratio fell 1829.63% year-over-year to 1.21; the TTM figure through Mar 2026 stood at 1.74 (down 327.72% YoY), while the FY2025 annual figure was 1.44, down 186.22% from the prior year.
  • Interest Coverage Ratio came in at 1.21 for Q1 2026 at New Fortress Energy, up 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.
  • The 5-year median for Interest Coverage Ratio is 2.31 (2023), against an average of 1.45.
  • The widest annual swing landed in 2022, when Interest Coverage Ratio soared 818.74%; it then slumped 1829.63% in 2026.
  • A 5-year view of Interest Coverage Ratio shows it stood at 3.11 in 2022, then climbed by 26.78% to 3.94 in 2023, then slumped by 40.16% to 2.36 in 2024, then sank by 238.28% to 3.26 in 2025, then jumped 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 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 2.64
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn -
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 4.92
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 3.15
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn -
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 4.17
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 3.25
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 1.99
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 2.59
10 New Fortress Energy 102.85 Mn 38.18 Mn 136.95 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 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