New Fortress Energy (NFE) Total Debt (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Total Debt of $8.3 billion for Q1 2026, down 9.9% year-over-year from $9.2 billion in Q1 2025, and down 45.67% quarter-over-quarter from $15.3 billion in Q4 2025.
New Fortress Energy (NFE) Total Debt (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Total Debt for 9 consecutive years, with $8.3 billion the latest figure, recorded in Q1 2026.
- In Q1 2026, Total Debt fell 9.9% year-over-year to $8.3 billion; the TTM figure through Mar 2026 stood at $8.3 billion (down 9.9% YoY), while the FY2025 annual figure was $15.3 billion, up 61.57% from the prior year.
- Total Debt fell to $8.3 billion in Q1 2026 per NFE's latest filing, from $15.3 billion in the prior quarter.
- Across five years, Total Debt topped out at $15.3 billion in Q4 2025 and bottomed at $97.4 million in Q3 2022.
- Historically, Total Debt has averaged $6.8 billion across 5 years, with a median of $7.0 billion in 2024.
- Annual changes were most pronounced in 2022 — Total Debt sank 97.47% — and 2023, when it jumped 6233.51%.
- New Fortress Energy's Total Debt stood at $4.5 billion in 2022, then surged by 49.79% to $6.8 billion in 2023, then surged by 38.76% to $9.4 billion in 2024, then surged by 61.57% to $15.3 billion in 2025, then sank by 45.67% to $8.3 billion in 2026.
- Business Quant data shows NFE's Total Debt at $8.3 billion in Q1 2026, $15.3 billion in Q4 2025, and $8.9 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 32.25 Bn |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 79.93 Bn |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 33.23 Bn |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 68.42 Bn |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | 35.14 Bn |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 25.64 Bn |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 33.00 Bn |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 19.58 Bn |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 24.04 Bn |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | 15.59 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 15.59 Bn |
| Mar 31, 2026 | 8.29 Bn |
| Dec 31, 2025 | 15.25 Bn |
| Sep 30, 2025 | 8.92 Bn |
| Jun 30, 2025 | 8.99 Bn |
| Mar 31, 2025 | 9.20 Bn |
| Dec 31, 2024 | 9.44 Bn |
| Sep 30, 2024 | 8.02 Bn |
| Jun 30, 2024 | 7.63 Bn |
| Mar 31, 2024 | 7.03 Bn |
| Dec 31, 2023 | 6.80 Bn |
| Sep 30, 2023 | 6.17 Bn |
| Jun 30, 2023 | 5.43 Bn |
| Mar 31, 2023 | 5.23 Bn |
| Dec 31, 2022 | 4.54 Bn |
| Sep 30, 2022 | 97.39 Mn |
| Jun 30, 2022 | 137.66 Mn |
| Mar 31, 2022 | 4.04 Bn |
| Dec 31, 2021 | 3.95 Bn |
| Sep 30, 2021 | 3.85 Bn |