New Fortress Energy Inc. financials
Source: EDGAR filings · Built 2026-06-02T03:39:05Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -1.24B | -1.54B | -2.12B | -822.59M | -586.73M | -282.56M |
| EBITDA | -878.07M | 687.78M | 1.10B | 880.97M | 338.42M | -122.06M |
| Working Capital | -7.32B | -140.45M | -720.04M | -22.08M | 22.36M | 570.86M |
| Net Debt | 8.42B | 9.19B | 7.40B | 4.22B | 3.95B | 757.84M |
| Gross Margin | 22.12% | 37.25% | 57.32% | 48.93% | 33.82% | 12.42% |
| Operating Margin | -94.99% | 31.13% | 45.42% | 37.27% | 25.66% | -48.81% |
| Net Margin | -155.31% | -14.41% | 26.59% | 9.83% | 10.43% | -57.22% |
| Return on Equity (ROE) | -1003.00% | -13.02% | 33.41% | 15.08% | 5.42% | -49.64% |
| Return on Assets (ROA) | -17.36% | -1.89% | 5.21% | 2.52% | 1.41% | -9.55% |
| Current Ratio | 0.15× | 0.92× | 0.58× | 0.98× | 1.04× | 3.99× |
| Debt-to-Equity | 47.32× | 5.16× | 4.61× | 3.79× | 2.31× | 3.70× |
| Effective Tax Rate | -3.46% | -40.35% | 15.81% | -201.21% | 11.85% | -1.86% |
| Cash Conversion Ratio | 0.32× | -2.46× | 1.49× | 1.83× | 0.87× | 0.69× |
| Accruals Ratio | -0.12× | -0.07× | -0.03× | -0.02× | 0.00× | -0.03× |
| SBC % of Revenue | 1.23% | 2.98% | 0.08% | 1.54% | 3.98% | 2.75% |
| CapEx Coverage | -0.89× | 0.28× | 0.28× | 0.30× | 0.13× | -0.80× |
| Free Cash Flow Per Share | $-4.45 | $-7.03 | $-10.28 | $-3.92 | $-2.91 | $-2.65 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | — | — | 14.24× | 45.61× | 51.36× | — |
| EV / EBITDA | — | 19.22× | 13.80× | 14.84× | 26.43× | — |
| P/S | 0.28× | 2.37× | 3.75× | 4.48× | 5.37× | 29.62× |
| P/B | 1.78× | 2.15× | 4.72× | 6.87× | 2.79× | 25.70× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.18B | 1.70B | 2.06B | 1.98B | 930.82M | 318.31M |
| Revenues | 1.50B | 2.36B | 2.39B | 2.37B | 1.32B | 451.65M |
| Cost of Goods and Services Sold | 918.60M | 1.07B | 879.22M | 1.01B | 616.01M | 278.77M |
| Selling, General and Administrative Expense | 307.44M | 293.38M | 203.38M | 236.05M | 199.88M | 120.14M |
| Operating Income (Loss) | -1.12B | 528.48M | 935.65M | 737.38M | 238.88M | -155.36M |
| Income Tax Expense (Benefit) | 61.35M | 70.31M | 102.97M | -123.44M | 12.46M | 4.82M |
| Net Income (Loss) Attributable to Parent | — | — | 547.88M | 194.48M | 97.10M | -182.15M |
| Earnings Per Share, Basic | $-6.63 | $-1.25 | $2.66 | $0.93 | $0.49 | $-1.71 |
| Weighted Average Number of Shares Outstanding, Basic | 278.47M | 217.58M | 205.94M | 209.50M | 198.59M | 106.65M |
| Earnings Per Share, Diluted | $-6.63 | $-1.26 | $2.65 | $0.93 | $0.47 | $-1.71 |
| Weighted Average Number of Shares Outstanding, Diluted | 278.47M | 218.62M | 206.48M | 209.85M | 201.70M | 106.65M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 226.45M | 492.88M | 155.41M | 675.49M | 187.51M | 601.52M |
| Assets, Current | 1.33B | 1.61B | 982.77M | 1.39B | 584.87M | 762.01M |
| Assets | 10.56B | 12.92B | 10.51B | 7.71B | 6.88B | 1.91B |
| Long-term Debt | 8.18B | 8.90B | 6.80B | 4.54B | 3.86B | 1.24B |
| Liabilities, Current | 8.65B | 1.75B | 1.70B | 1.41B | 562.51M | 191.15M |
| Long-term Debt, Excluding Current Maturities | 1.11B | 8.36B | 6.51B | 4.48B | 3.76B | 1.24B |
| Liabilities | 10.25B | 10.83B | 8.74B | 6.26B | 4.88B | 1.53B |
| Stockholders' Equity Attributable to Parent | 182.65M | 1.88B | 1.64B | 1.29B | 1.79B | 366.96M |
| Common Stock, Shares, Outstanding | 284.60M | 266.50M | 205.00M | 208.80M | 206.90M | — |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -583.38M | 602.21M | 818.58M | 355.11M | 84.77M | -125.57M |
| Payments to Acquire Property, Plant, and Equipment | 650.81M | 2.13B | 2.92B | 1.17B | 669.35M | 157.00M |
| Net Cash Provided by (Used in) Investing Activities | 465.76M | -1.58B | -2.79B | -82.73M | -2.27B | -157.63M |
| Payments of Dividends | 3.47M | 65.31M | 723.96M | 99.05M | 88.76M | 33.74M |
| Net Cash Provided by (Used in) Financing Activities | -543.64M | 1.72B | 1.43B | 321.96M | 1.82B | 819.50M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -162.98M | -136.60M | -1.10B | -990.98M | -263.73M | -213.08M |
| EBITDA | -173.95M | -572.81M | — | — | 54.09M | 265.71M |
| Working Capital | -7.77B | -7.32B | -6.63B | -735.16M | -16.66M | -140.45M |
| Net Debt | 8.56B | 8.42B | 9.24B | 9.02B | 9.48B | 9.19B |
| Gross Margin | -7.81% | 35.48% | 18.06% | 8.43% | 21.44% | 17.62% |
| Operating Margin | -121.68% | -193.02% | -37.39% | -170.28% | -3.25% | 65.01% |
| Net Margin | -216.29% | -259.66% | -109.44% | -239.58% | -45.58% | -64.00% |
| Return on Equity (ROE) | 222.26% | -463.77% | -24.92% | -43.40% | -9.90% | -11.95% |
| Return on Assets (ROA) | -3.85% | -8.02% | -2.19% | -4.55% | -1.34% | -1.74% |
| Current Ratio | 0.13× | 0.15× | 0.17× | 0.67× | 0.99× | 0.92× |
| Debt-to-Equity | -47.98× | 47.32× | 8.89× | 7.60× | 5.60× | 5.16× |
| Effective Tax Rate | -8.55% | -2.34% | -2.13% | -1.94% | -17.45% | -21.59% |
| Cash Conversion Ratio | 0.30× | 0.09× | 1.93× | 0.62× | 0.04× | -1.98× |
| Accruals Ratio | -0.03× | -0.07× | 0.02× | -0.02× | -0.01× | -0.05× |
| SBC % of Revenue | 2.05% | 1.22% | 4.40% | 2.20% | 0.00% | 0.79% |
| CapEx Coverage | -2.70× | -1.26× | -0.85× | -0.51× | -0.03× | 0.68× |
| Free Cash Flow Per Share | $-0.57 | $-0.49 | $-3.92 | $-3.61 | $-0.96 | $-0.97 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 185.21M | 326.22M | 240.32M | 228.09M | 384.88M | 350.69M |
| Revenues | 226.95M | 395.74M | 331.91M | 304.10M | 472.28M | 677.28M |
| Cost of Goods and Services Sold | 199.69M | 210.47M | 196.91M | 208.85M | 302.38M | 288.91M |
| Selling, General and Administrative Expense | 47.49M | 112.60M | 86.47M | 56.56M | 51.82M | 70.39M |
| Operating Income (Loss) | -225.38M | -629.66M | -89.85M | -388.38M | -12.52M | 228.00M |
| Income Tax Expense (Benefit) | 31.54M | 19.39M | 5.50M | 10.40M | 26.07M | 39.85M |
| Earnings Per Share, Basic | $-1.40 | $-3.04 | $-0.96 | $-1.99 | $-0.65 | $-1.11 |
| Weighted Average Number of Shares Outstanding, Basic | 285.70M | 278.47M | 281.12M | 274.37M | 273.61M | 217.58M |
| Earnings Per Share, Diluted | $-1.40 | $-3.04 | $-0.96 | $-1.99 | $-0.65 | $-1.10 |
| Weighted Average Number of Shares Outstanding, Diluted | 285.70M | 278.47M | 281.12M | 274.37M | 273.61M | 218.62M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 92.39M | 226.45M | 145.24M | 551.11M | 447.86M | 492.88M |
| Assets, Current | 1.16B | 1.33B | 1.35B | 1.49B | 1.48B | 1.61B |
| Assets | 10.39B | 10.56B | 11.99B | 12.02B | 13.08B | 12.92B |
| Long-term Debt | 8.29B | 8.18B | — | — | — | 8.90B |
| Liabilities, Current | 8.93B | 8.65B | 7.98B | 2.23B | 1.49B | 1.75B |
| Long-term Debt, Excluding Current Maturities | 1.11B | 1.11B | 2.34B | 7.81B | 8.94B | 8.36B |
| Liabilities | 10.45B | 10.25B | 10.81B | 10.60B | 11.15B | 10.83B |
| Stockholders' Equity Attributable to Parent | -180.24M | 182.65M | 1.06B | 1.26B | 1.77B | 1.88B |
| Common Stock, Shares, Outstanding | 285.60M | 284.60M | 284.60M | 274.20M | 273.80M | 266.50M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | -118.90M | -76.16M | -507.22M | -336.19M | -7.24M | 445.34M |
| Payments to Acquire Property, Plant, and Equipment | 43.57M | 58.61M | 592.21M | 652.80M | 255.10M | 655.63M |
| Net Cash Provided by (Used in) Investing Activities | -43.57M | 103.86M | 361.90M | 452.52M | -250.54M | -581.76M |
| Payments of Dividends | 0 | 453.00K | 3.02M | 3.01M | 3.46M | 3.99M |
| Net Cash Provided by (Used in) Financing Activities | -11.01M | -55.15M | -488.49M | -309.46M | 94.61M | 934.57M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (NFE CIK 0001749723),
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For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.