New Fortress Energy (NFE) Total Debt (2018 - 2026)
New Fortress Energy's (NFE) quarterly Total Debt came in at $8.3 billion in Q1 2026, down 9.9% year-on-year from $9.2 billion in Q1 2025, and down 45.67% on a QoQ basis from $15.3 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.
- On a quarterly basis, Total Debt fell 9.9% year-over-year to $8.3 billion in Q1 2026; TTM through Mar 2026 was $8.3 billion, a 9.9% decrease from a year earlier, with the FY2025 full-year figure at $15.3 billion, up 61.57% from the prior year.
- Total Debt for Q1 2026 stood at $8.3 billion, down from $15.3 billion in the prior quarter.
- Over the last five years, Total Debt for NFE reached as high as $15.3 billion in Q4 2025 and fell as low as $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.
- Across the five-year window, Total Debt tumbled 97.47% in 2022 and surged 6233.51% in 2023, its largest moves.
- Year by year, Total Debt stood at $4.5 billion in 2022, then jumped by 49.79% to $6.8 billion in 2023, then jumped by 38.76% to $9.4 billion in 2024, then jumped by 61.57% to $15.3 billion in 2025, then sank by 45.67% to $8.3 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 110.18 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 1.82 Bn |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 32.25 Bn |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 78.78 Bn |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 33.91 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 33.55 Bn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 69.36 Bn |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 19.03 Bn |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 33.65 Bn |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | 8.29 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 3.53 Bn |