New Fortress Energy (NFE) Interest Coverage Ratio (2018 - 2026)
New Fortress Energy (NFE) posted quarterly 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 reported Interest Coverage Ratio for 9 consecutive years, with 1.21 the latest figure, recorded in 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 222.6% from the prior year.
- Interest Coverage Ratio improved to 1.21 in Q1 2026 per NFE's latest filing, from 3.26 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 3.73 in Q1 2023 and bottomed at 3.26 in Q4 2025.
- Historically, Interest Coverage Ratio has averaged 1.3 across 5 years, with a median of 2.18 in 2024.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio surged 818.74% — and 2026, when it sank 1829.63%.
- New Fortress Energy's Interest Coverage Ratio stood at 2.87 in 2022, then sank by 41.36% to 1.68 in 2023, then soared by 40.15% 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.
- 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 5.26 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 2.09 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 2.31 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 3.83 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 0.31 |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 4.28 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 3.67 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 1.29 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 1.41 |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | -0.39 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.81 |
| 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 | 1.68 |
| Sep 30, 2023 | 2.31 |
| Jun 30, 2023 | 2.97 |
| Mar 31, 2023 | 3.73 |
| Dec 31, 2022 | 2.87 |
| 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 |