New Fortress Energy (NFE) Interest Expenses (2018 - 2026)
New Fortress Energy's Interest Expenses was $226.67 million in Q2 2026, up 21.6% from $186.39 million a year earlier and up 21.3% from the prior quarter.
New Fortress Energy (NFE) Interest Expenses (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, New Fortress Energy's Interest Expenses was $804.7 million through Jun 30, 2026, up 44.9% year-over-year; for FY2025, it was $777.85 million, up 145.9% from FY2024.
- Interest Expenses has now increased for eight consecutive years, with a five-year compound annual growth rate of 63.9% (FY2020 to FY2025).
- In earlier years, Interest Expenses was $316.34 million in FY2024 (+11.4%), $284.02 million in FY2023 (+19.9%), $236.86 million in FY2022 (+53.5%) and $154.32 million in FY2021 (+134.8%).
- The Q2 2026 figure marks the highest quarterly Interest Expenses in data going back to Q1 2018.
- Compared with a year earlier, Interest Expenses was higher in seven of the last eight quarters, with growth averaging 81.2%.
- The best year-over-year quarter for Interest Expenses over five years was Q4 2021 (growth of 214.2%); the worst was Q1 2026 (a decline of 6.7%).
- Per Business Quant data, NFE's Interest Expenses in the three quarters before Q2 2026 was $186.88 million (Q1 2026), $192.93 million (Q4 2025) and $198.22 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.53 Bn | 99.08 Bn | 4.84 Bn | 1.01 Bn |
| 2 | Enterprise Products Partners | 76.92 Bn | 75.35 Bn | - | 384.00 Mn |
| 3 | Energy Transfer | 67.97 Bn | 61.41 Bn | 7.40 Bn | 934.00 Mn |
| 4 | Kinder Morgan | 67.10 Bn | 68.05 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 60.19 Bn | 63.26 Bn | 2.81 Bn | 620.99 Mn |
| 6 | Targa Resources | 57.97 Bn | 57.59 Bn | 2.14 Bn | - |
| 7 | Mplx | 57.16 Bn | 50.72 Bn | 2.91 Bn | 289.00 Mn |
| 8 | Cheniere Energy | 55.61 Bn | 55.74 Bn | 5.29 Bn | 287.00 Mn |
| 9 | Oneok | 53.75 Bn | 52.24 Bn | 2.81 Bn | 434.00 Mn |
| 10 | New Fortress Energy | 35.81 Mn | -468.24 Mn | 102.12 Mn | 226.67 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 226.67 Mn |
| Mar 31, 2026 | 186.88 Mn |
| Dec 31, 2025 | 192.93 Mn |
| Sep 30, 2025 | 198.22 Mn |
| Jun 30, 2025 | 186.39 Mn |
| Mar 31, 2025 | 200.31 Mn |
| Dec 31, 2024 | 96.60 Mn |
| Sep 30, 2024 | 71.90 Mn |
| Jun 30, 2024 | 63.09 Mn |
| Mar 31, 2024 | 84.75 Mn |
| Dec 31, 2023 | 83.13 Mn |
| Sep 30, 2023 | 64.82 Mn |
| Jun 30, 2023 | 64.40 Mn |
| Mar 31, 2023 | 71.67 Mn |
| Dec 31, 2022 | 80.52 Mn |
| Sep 30, 2022 | 63.59 Mn |
| Jun 30, 2022 | 47.84 Mn |
| Mar 31, 2022 | 44.92 Mn |
| Dec 31, 2021 | 46.57 Mn |
| Sep 30, 2021 | 57.60 Mn |
New Fortress Energy Interest Expenses 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-expenses&ticker=NFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "interest-expenses", "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-expenses&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();