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New Fortress Energy NFE Net debt / EBITDA

Net debt / EBITDA at other companies

Cheniere Energy logo
Cheniere EnergyLNG
4.4×+1.1×
Stabilis Solutions, Inc. logo
Stabilis Solutions, Inc.SLNG
6.9×+6.7×
Excelerate Energy logo
Excelerate EnergyEE
1.8×+1.5×
Fluence Energy, Inc. logo
Fluence Energy, Inc.FLNC
-56.3×
AES logo
AESAES
-0.3×
Sempra Energy logo
Sempra EnergySRE
0.8×+0.5×

Other financials

Income statement

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Revenue$227.0M-51.9%
Gross profit$27.3M-84.0%
Operating income-$225.4M-1,700%
Net income-$400.6M-128%
EPS (diluted)-$1.40-115%

Balance sheet

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Cash & equivalents$189.9M-77.3%
Total debt$1.5B-84.8%
Total equity-$180.2M-110%
Total assets$10.4B-20.5%

Cash flow

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Operating cash flow-$118.9M-1,543%
CapEx$43.6M-82.9%
Free cash flow-$162.5M+38.1%

Valuation

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Market cap$103.71M-84.2%
Enterprise value$1.38B-83.2%
P/S0.1×-0.2×

Profitability

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Gross margin35.2%-11.7pp
Operating margin-105.9%-121pp
Net margin-163.4%-194pp
FCF margin-90.1%+73.9pp

Returns & leverage

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Return on equity-177.8%-194pp
Debt / equity8.6×+3.7×
Current ratio0.1×-0.9×

Where this comes from

Calculated from New Fortress Energy’s reported figures.

Based on the most recent quarter.

The official record: New Fortress Energy’s 10-K, filed April 13, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is New Fortress Energy's net debt / EBITDA?
New Fortress Energy (NFE) reported net debt / EBITDA of 70.8× in Q2 2025.
How has New Fortress Energy's net debt / EBITDA changed year-over-year?
New Fortress Energy's net debt / EBITDA increased by 680.4% year-over-year, from 9.1× to 70.8×.
What is the long-term trend for New Fortress Energy's net debt / EBITDA?
Over 3 years (2021 to 2024), New Fortress Energy's net debt / EBITDA has grown at a 1.3% compound annual growth rate (CAGR), from 11.4× to 11.9×.
What does net debt / EBITDA mean?
Net debt (total debt minus cash) divided by trailing-twelve-month EBITDA. Expresses leverage in years — roughly how long it would take to repay net debt out of operating cash earnings.