InsiderClue
Stocks · Energy · Natural Gas Distribution

New Fortress Energy Inc.

NFE Clue Score21
United States Fiscal year ends December CIK 0001749723
$4.35 +0.69% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $4.35 −86.82% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 31 Jan 2019. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2017Revenue0.08Operating income−0.02Net income−0.03Fiscal year 2018Revenue0.10 +18.0%Operating income−0.06Net income−0.08Fiscal year 2019Revenue0.15 +50.1%Operating income−0.19Net income−0.03EPS, diluted−1.62Fiscal year 2020Revenue0.32 +118.8%Operating income−0.16Net income−0.18EPS, diluted−1.71Fiscal year 2021Revenue0.93 +192.4%Operating income0.24Net income0.10EPS, diluted0.47Fiscal year 2022Revenue1.98 +112.6%Operating income0.74Net income0.19 +100.3%EPS, diluted0.93Fiscal year 2023Revenue2.06 +4.1%Operating income0.94Net income0.55 +181.7%EPS, diluted2.65Fiscal year 2024Revenue1.70 −17.6%Operating income0.53EPS, diluted−1.26Fiscal year 2025Revenue1.18 −30.5%Operating income−1.12EPS, diluted−6.63
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 0.08 0.10 0.15 0.32 0.93 1.98 2.06 1.70 1.18
Growth +18.0% +50.1% +118.8% +192.4% +112.6% +4.1% −17.6% −30.5%
Operating income −0.02 −0.06 −0.19 −0.16 0.24 0.74 0.94 0.53 −1.12
Net income −0.03 −0.08 −0.03 −0.18 0.10 0.19 0.55 n/a n/a
Growth +100.3% +181.7%
EPS, diluted n/a n/a −1.62 −1.71 0.47 0.93 2.65 −1.26 −6.63

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2017Operating margin−30.4%Net margin−38.6%Free cash flow margin−101.8%Fiscal year 2018Operating margin−60.4%Net margin−80.6%Free cash flow margin−283.1%Fiscal year 2019Operating margin−128.7%Net margin−23.2%Free cash flow margin−420.1%Fiscal year 2020Operating margin−48.8%Net margin−57.2%Free cash flow margin−88.8%Fiscal year 2021Operating margin25.7%Net margin10.4%Free cash flow margin−62.8%Fiscal year 2022Operating margin37.3%Net margin9.8%Free cash flow margin−41.4%Fiscal year 2023Operating margin45.4%Net margin26.6%Free cash flow margin−102.0%Fiscal year 2024Operating margin31.1%Free cash flow margin−90.0%Fiscal year 2025Operating margin−95.0%Free cash flow margin−104.6%
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −30.4% −60.4% −128.7% −48.8% 25.7% 37.3% 45.4% 31.1% −95.0%
Net margin −38.6% −80.6% −23.2% −57.2% 10.4% 9.8% 26.6% n/a n/a
Free cash flow margin −101.8% −283.1% −420.1% −88.8% −62.8% −41.4% −102.0% −90.0% −104.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2017Operating cash flow−0.05Capital expenditure−0.03Free cash flow−0.08Fiscal year 2018Operating cash flow−0.09Capital expenditure−0.18Free cash flow−0.27Dividends paid0.00Fiscal year 2019Operating cash flow−0.23Capital expenditure−0.38Free cash flow−0.61Dividends paid0.00Fiscal year 2020Operating cash flow−0.13Capital expenditure−0.16Free cash flow−0.28Dividends paid−0.03Fiscal year 2021Operating cash flow0.08Capital expenditure−0.67Free cash flow−0.58Dividends paid−0.09Fiscal year 2022Operating cash flow0.36Capital expenditure−1.17Free cash flow−0.82Dividends paid−0.10Fiscal year 2023Operating cash flow0.82Capital expenditure−2.92Free cash flow−2.10Dividends paid−0.72Fiscal year 2024Operating cash flow0.60Capital expenditure−2.13Free cash flow−1.53Dividends paid−0.07Fiscal year 2025Operating cash flow−0.58Capital expenditure−0.65Free cash flow−1.23Dividends paid−0.00
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −0.05 −0.09 −0.23 −0.13 0.08 0.36 0.82 0.60 −0.58
Capital expenditure −0.03 −0.18 −0.38 −0.16 −0.67 −1.17 −2.92 −2.13 −0.65
Free cash flow −0.08 −0.27 −0.61 −0.28 −0.58 −0.82 −2.10 −1.53 −1.23
Growth
Dividends paid n/a 0.00 0.00 −0.03 −0.09 −0.10 −0.72 −0.07 −0.00

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2017Cash0.12Shareholders’ equity0.28Fiscal year 2018Cash0.08Total debt0.27Net cash (debt)−0.19Shareholders’ equity0.28Debt to equity0.96Fiscal year 2019Cash0.03Total debt0.62Net cash (debt)−0.59Shareholders’ equity0.08Debt to equity7.30Fiscal year 2020Cash0.60Total debt1.24Net cash (debt)−0.64Shareholders’ equity0.37Debt to equity3.38Fiscal year 2021Cash0.19Total debt3.86Net cash (debt)−3.67Shareholders’ equity1.79Debt to equity2.15Fiscal year 2022Cash0.68Total debt4.54Net cash (debt)−3.87Shareholders’ equity1.29Debt to equity3.52Fiscal year 2023Cash0.16Total debt6.80Net cash (debt)−6.65Shareholders’ equity1.64Debt to equity4.15Fiscal year 2024Cash0.49Total debt8.90Net cash (debt)−8.41Shareholders’ equity1.88Debt to equity4.74Fiscal year 2025Cash0.23Total debt8.18Net cash (debt)−7.95Shareholders’ equity0.18Debt to equity44.78
FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.12 0.08 0.03 0.60 0.19 0.68 0.16 0.49 0.23
Total debt n/a 0.27 0.62 1.24 3.86 4.54 6.80 8.90 8.18
Net cash (debt) n/a −0.19 −0.59 −0.64 −3.67 −3.87 −6.65 −8.41 −7.95
Shareholders’ equity 0.28 0.28 0.08 0.37 1.79 1.29 1.64 1.88 0.18
Debt to equity n/a 0.96 7.30 3.38 2.15 3.52 4.15 4.74 44.78

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−30.4% −60.4% −128.7% −48.8% 25.7% 37.3% 45.4% 31.1% −95.0%
−37.9% −81.0% −140.1% −81.4% 11.3% 3.1% 31.6% −10.3% −150.1%
−38.6% −80.6% −23.2% −57.2% 10.4% 9.8% 26.6% n/a n/a
−101.8% −283.1% −420.1% −88.8% −62.8% −41.4% −102.0% −90.0% −104.6%
Spending
40.6% 64.1% 105.1% 37.7% 21.5% 11.9% 9.9% 17.3% 26.1%
35.0% 186.9% 259.1% 49.3% 71.9% 59.3% 141.7% 125.5% 55.2%
n/a n/a n/a n/a 11.8% −201.2% 15.8% n/a n/a
Returns
−11.4% −27.6% −39.9% −49.6% 5.4% 15.1% 33.4% n/a n/a
n/a −11.2% −3.0% −9.5% 1.4% 2.5% 5.2% n/a n/a
Balance and payout
n/a 0.96 7.30 3.38 2.15 3.52 4.15 4.74 44.78
n/a 59.6% 65.5% 80.3% 71.0% 81.3% 83.1% 83.8% 97.1%
n/a n/a n/a n/a 91.4% 50.9% 132.1% n/a n/a