New Fortress Energy Inc. financial data

Symbol
NFE on Nasdaq
Industry
Natural Gas Distribution
Location
111 W. 19 Th Street, 8 Th Floor, New York, NY
State of incorporation
DE
Fiscal year end
December 31
Former names
New Fortress Energy LLC (to 8/4/2020), NFE Financial Holdings LLC (to 11/7/2018)
Latest financial report
10-K - Q4 2024 - Mar 10, 2025

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 63.7 % +21.4%
Quick Ratio 6.88 % +15.6%
Debt-to-equity 593 % +9.55%
Return On Equity 11 % -57.9%
Return On Assets 1.71 % -62.3%
Operating Margin 22.8 % -41.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 274M shares +33.5%
Common Stock, Shares, Outstanding 267M shares +30%
Entity Public Float 2.27B USD
Common Stock, Value, Issued 2.66M USD +30%
Weighted Average Number of Shares Outstanding, Basic 218M shares +5.65%
Weighted Average Number of Shares Outstanding, Diluted 219M shares +5.88%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 2.36B USD -2.01%
Revenue from Contract with Customer, Excluding Assessed Tax 1.7B USD -17.6%
Costs and Expenses 1.83B USD +24.2%
Operating Income (Loss) 539M USD -42.9%
Income Tax Expense (Benefit) 69.5M USD -39.8%
Net Income (Loss) Attributable to Parent 192M USD -51.4%
Earnings Per Share, Basic -1.24 USD/shares -147%
Earnings Per Share, Diluted -1.25 USD/shares -147%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 493M USD +217%
Accounts Receivable, after Allowance for Credit Loss, Current 336M USD -1.92%
Inventory, Net 103M USD -9.2%
Other Assets, Current 31.2M USD -55.1%
Assets, Current 1.61B USD +64.3%
Deferred Income Tax Assets, Net 2.7M USD -72.8%
Operating Lease, Right-of-Use Asset 600M USD +11.5%
Intangible Assets, Net (Excluding Goodwill) 180M USD +246%
Goodwill 766M USD -1.34%
Other Assets, Noncurrent 273M USD +115%
Assets 12.9B USD +22.5%
Accounts Payable, Current 474M USD -13.8%
Accrued Liabilities, Current 391M USD -17%
Contract with Customer, Liability, Current 14.4M USD -77.9%
Liabilities, Current 1.71B USD +0.07%
Contract with Customer, Liability, Noncurrent 11.8M USD -62.9%
Deferred Income Tax Liabilities, Net 73.2M USD +64.7%
Operating Lease, Liability, Noncurrent 472M USD +20.9%
Other Liabilities, Noncurrent 166M USD +199%
Liabilities 10.8B USD +23.6%
Accumulated Other Comprehensive Income (Loss), Net of Tax 3.09M USD -95.7%
Retained Earnings (Accumulated Deficit) 196M USD -62.8%
Stockholders' Equity Attributable to Parent 1.88B USD +14.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 2B USD +12.4%
Liabilities and Equity 12.9B USD +22.5%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 70.1M USD -65%
Net Cash Provided by (Used in) Financing Activities 158M USD +265%
Net Cash Provided by (Used in) Investing Activities -220M USD +52.6%
Common Stock, Shares Authorized 750M shares 0%
Common Stock, Shares, Issued 267M shares +30%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 4.12M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 966M USD +211%
Deferred Tax Assets, Valuation Allowance 450M USD +139%
Deferred Tax Assets, Gross 945M USD +49.7%
Operating Lease, Liability 596M USD +13.3%
Depreciation 144M USD +2.2%
Payments to Acquire Property, Plant, and Equipment 683M USD +21.3%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -317M USD -156%
Lessee, Operating Lease, Liability, to be Paid 831M USD +16.8%
Operating Lease, Liability, Current 124M USD -8.45%
Lessee, Operating Lease, Liability, to be Paid, Year Two 110M USD -11.9%
Lessee, Operating Lease, Liability, to be Paid, Year One 175M USD -2.26%
Operating Lease, Weighted Average Discount Rate, Percent 0.1 pure 0%
Deferred Income Tax Expense (Benefit) -6.82M USD
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 234M USD +26.6%
Lessee, Operating Lease, Liability, to be Paid, Year Three 110M USD +41.6%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 109M USD +40.6%
Operating Lease, Payments 53.1M USD +114%
Additional Paid in Capital 1.67B USD +61.2%
Amortization of Intangible Assets 12.2M USD -54.5%
Depreciation, Depletion and Amortization 50.5M USD +45.9%
Deferred Tax Assets, Net of Valuation Allowance 495M USD +11.6%
Share-based Payment Arrangement, Expense 22.5M USD
Interest Expense 284M USD +7.55%