New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026)
New Fortress Energy's (NFE) quarterly Interest Coverage Ratio came in at 0.66 in Q2 2026, up 68.51% year-over-year from 0.39 in Q2 2025, and up 45.6% quarter-over-quarter from 1.21 in Q1 2026.
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New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Interest Coverage Ratio for 9 consecutive years, with 0.66 the latest figure, recorded in Q2 2026.
- On a quarterly basis, Interest Coverage Ratio rose 68.51% year-over-year to 0.66 in Q2 2026; TTM through Jun 2026 was 1.36, a 707.87% decrease from a year earlier, with the FY2025 full-year figure at 1.44, down 186.22% from the prior year.
- Interest Coverage Ratio was 0.66 for Q2 2026 at New Fortress Energy, up from 1.21 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 1.33 and a median of 2.25 in 2023 frame the typical range for Interest Coverage Ratio.
- Across the five-year window, Interest Coverage Ratio jumped 818.74% in 2022 and slumped 1829.63% in 2026, its largest moves.
- Over 5 years, Interest Coverage Ratio stood at 3.11 in 2022, then gained 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 79.9% to 0.66 in 2026.
- The last three Interest Coverage Ratio figures came in at 0.66 (Q2 2026), 1.21 (Q1 2026), and 3.26 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 14.95 |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 4.47 |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | 7.32 |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -2.91 |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | - |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | -0.60 |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | 123.72 |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 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 |