New Fortress Energy (NFE) Total Debt (2018 - 2026)
New Fortress Energy (NFE) reported Total Debt of $8.3 billion for Q1 2026, down 9.9% year-over-year from $9.2 billion in Q1 2025, and up 1.32% quarter-over-quarter from $8.2 billion in Q4 2025.
New Fortress Energy (NFE) Total Debt (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Total Debt data on file, last reported at $8.3 billion in Q1 2026.
- Total Debt for Q1 2026 came in at $8.3 billion, down 9.9% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.3 billion (down 9.9% YoY), and the FY2025 annual result was $8.2 billion, down 8.11% from the prior year.
- Total Debt rose to $8.3 billion in Q1 2026 per NFE's latest filing, from $8.2 billion in the prior quarter.
- Over five years, Total Debt peaked at $9.2 billion in Q1 2025 and troughed at $3.9 billion in Q1 2022.
- A 5-year average of $6.8 billion and a median of $7.0 billion in 2024 frame the typical range for Total Debt.
- The sharpest annual moves came in 2022 and 2026: Total Debt jumped 217.57% in 2022, then fell 9.9% in 2026.
- A 5-year view of Total Debt shows it stood at $4.5 billion in 2022, then jumped by 49.79% to $6.8 billion in 2023, then surged by 30.84% to $8.9 billion in 2024, then declined by 8.11% to $8.2 billion in 2025, then rose by 1.32% to $8.3 billion in 2026.
- Business Quant data shows NFE's Total Debt at $8.3 billion in Q1 2026, $8.2 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 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 78.78 Bn |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 33.91 Bn |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 32.06 Bn |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 69.34 Bn |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | 581.22 Mn |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 25.63 Bn |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 19.13 Bn |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 32.01 Bn |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 33.55 Bn |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 Mn | 136.95 Mn | 8.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 8.29 Bn |
| Dec 31, 2025 | 8.18 Bn |
| Sep 30, 2025 | 8.92 Bn |
| Jun 30, 2025 | 8.99 Bn |
| Mar 31, 2025 | 9.20 Bn |
| Dec 31, 2024 | 8.90 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 | 4.46 Bn |
| Jun 30, 2022 | 4.15 Bn |
| Mar 31, 2022 | 3.94 Bn |
| Dec 31, 2021 | 3.86 Bn |
| Sep 30, 2021 | 3.85 Bn |
| Jun 30, 2021 | 3.53 Bn |