New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026)
New Fortress Energy's (NFE) Interest Coverage Ratio came in at -0.66 for Q2 2026, compared with -2.08 a year earlier.
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Analysis
New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Interest Coverage Ratio at New Fortress Energy was -1.36; for FY2025, it came in at -1.44.
- In prior years, New Fortress Energy's Interest Coverage Ratio was 1.67 in FY2024 (-49.3%), 3.29 in FY2023 (+5.8%), 3.11 in FY2022 (+101.1%) and 1.55 in FY2021.
- Quarterly Interest Coverage Ratio has run from a low of -3.26 in Q4 2025 to a high of 4.71 in Q4 2021 over five years.
- The strongest year-over-year quarter for Interest Coverage Ratio in the past five years was Q4 2021, with growth of 287.5%; the weakest was Q2 2024, with a decline of 80.9%.
- According to Business Quant data, Interest Coverage Ratio for the three prior quarters was -1.21 (Q1 2026), -3.26 (Q4 2025) and -0.45 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 2.09 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 5.86 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 3.83 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 6.23 |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 4.77 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 3.67 |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 14.95 |
| 10 | New Fortress Energy | 37.01 Mn | -467.04 Mn | 102.12 Mn | -0.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -0.66 |
| 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 |
API Access
New Fortress Energy Interest Coverage Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-coverage-ratio", "ticker": "NFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=interest-coverage-ratio&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();