New Fortress Energy (NFE) Financials

$5.54 -0.54 (-8.88%)

Closing price 05/5/2025 04:00 PM Eastern

Extended Trading

$5.53 -0.01 (-0.18%)

As of 07:53 AM Eastern

Annual Income Statements for New Fortress Energy

This table shows New Fortress Energy's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	-32	-78	-34	-182	97	185	548	-270
Consolidated Net Income / (Loss)	-32	-78	-204	-264	93	185	549	-242
Net Income / (Loss) Continuing Operations	-32	-78	-204	-264	93	185	549	-242
Total Pre-Tax Income	-31	-79	-204	-259	91	534	654	-173
Total Operating Income	-25	-58	-187	-155	239	737	943	539
Total Gross Profit	11	6.97	-21	125	633	1,252	1,369	1,126
Total Revenue	97	112	189	452	1,323	2,368	2,413	2,365
Operating Revenue	82	97	146	318	1,162	2,336	2,337	2,207
Other Revenue	15	15	44	133	161	32	76	158
Total Cost of Revenue	86	105	210	326	689	1,116	1,044	1,239
Operating Cost of Revenue	86	105	210	326	689	1,116	1,044	1,239
Total Operating Expenses	36	65	166	281	395	515	426	587
Selling, General & Admin Expense	33	62	153	120	252	300	251	319
Depreciation Expense	2.76	3.32	7.94	32	98	143	187	162
Impairment Charge	-	-	-	0.00	0.00	51	11	16
Restructuring Charge	-	-	0.00	4.03	45	22	6.95	12
Other Special Charges / (Income)	-	0.00	5.28	-	0.00	0.00	-29	78
Total Other Income / (Expense), net	-6.16	-20	-17	-104	-148	-204	-288	-712
Interest Expense	6.46	21	19	99	165	252	278	598
Other Income / (Expense), net	0.30	0.78	2.81	-5.01	17	48	-10	-113
Income Tax Expense	0.53	-0.34	0.44	4.82	12	-123	116	70
Other Gains / (Losses), net	-	-	0.00	0.00	14	-472	9.97	0.00
Other Adjustments to Net Income / (Loss) Attributable to Common Shareholders)	-	0.00	0.22	-	0.00	0.00	1.46	0.00
Basic Earnings per Share	$0.00	$0.00	($1.62)	($1.71)	$0.49	$0.93	$2.66	($1.24)
Weighted Average Basic Shares Outstanding	0.00	0.00	20.86M	106.65M	198.59M	209.50M	205.94M	217.58M
Diluted Earnings per Share	$0.00	$0.00	($1.62)	($1.71)	$0.47	$0.93	$2.65	($1.25)
Weighted Average Diluted Shares Outstanding	0.00	0.00	20.86M	106.65M	201.70M	209.85M	206.48M	218.62M
Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	20.86M	106.65M	206.86M	208.77M	205.03M	273.77M

This table shows New Fortress Energy's income and expenses over time, based on quarterly financial data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Income / (Loss) Attributable to Common Shareholders	62	54	150	119	61	217	54	-89	9.30	-245
Consolidated Net Income / (Loss)	56	66	152	120	62	215	57	-87	11	-224
Net Income / (Loss) Continuing Operations	56	66	152	120	62	215	57	-87	11	-224
Total Pre-Tax Income	98	186	171	133	87	264	78	-83	14	-182
Total Operating Income	187	250	267	191	150	335	185	44	80	230
Total Gross Profit	316	370	368	302	262	438	393	167	210	356
Total Revenue	732	546	579	561	514	758	690	428	568	679
Operating Revenue	726	545	578	560	488	710	656	344	506	701
Other Revenue	6.39	0.98	0.92	0.89	26	48	34	84	62	-22
Total Cost of Revenue	416	176	212	259	253	320	298	261	357	323
Operating Cost of Revenue	416	176	212	259	253	320	298	261	357	323
Total Operating Expenses	129	120	100	111	112	103	208	123	131	126
Selling, General & Admin Expense	88	72	65	67	61	57	79	79	91	70
Depreciation Expense	36	36	34	42	49	62	50	37	35	39
Restructuring Charge	5.62	9.41	0.49	1.55	2.74	2.16	1.37	1.76	3.15	5.99
Other Special Charges / (Income)	-	-	0.00	0.00	0.00	-29	77	0.00	0.00	0.42
Total Other Income / (Expense), net	-89	-64	-97	-58	-63	-71	-106	-128	-65	-412
Interest Expense	79	81	72	64	65	77	87	80	71	360
Other Income / (Expense), net	-10	16	-25	6.58	2.27	5.74	-19	-47	5.84	-52
Income Tax Expense	9.97	2.81	29	15	25	46	22	3.44	2.95	41
Basic Earnings per Share	$0.30	$0.30	$0.72	$0.58	$0.30	$1.06	$0.26	($0.44)	$0.04	($1.10)
Weighted Average Basic Shares Outstanding	209.63M	209.50M	208.71M	205.05M	205.03M	205.94M	205.06M	205.07M	205.07M	217.58M
Diluted Earnings per Share	$0.29	$0.32	$0.71	$0.58	$0.30	$1.06	$0.26	($0.44)	$0.03	($1.10)
Weighted Average Diluted Shares Outstanding	209.80M	209.85M	209.33M	205.71M	205.03M	206.48M	205.98M	205.85M	208.88M	218.62M
Weighted Average Basic & Diluted Shares Outstanding	208.77M	208.77M	205.03M	205.03M	205.03M	205.03M	205.06M	205.07M	251.42M	273.77M

This table details how cash moves in and out of New Fortress Energy's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Net Change in Cash & Equivalents	-71	-17	-7.82	536	-365	591	-544	655
Net Cash From Operating Activities	-55	-93	-234	-126	85	355	825	587
Net Cash From Continuing Operating Activities	-55	-93	-234	-126	85	355	825	587
Net Income / (Loss) Continuing Operations	-32	-78	-204	-264	93	185	549	-242
Consolidated Net Income / (Loss)	-32	-78	-204	-264	93	185	549	-242
Depreciation Expense	3.21	4.03	8.64	33	100	144	187	163
Amortization Expense	0.70	4.02	5.87	11	14	2.54	6.59	33
Non-Cash Adjustments To Reconcile Net Income	1.34	3.63	45	69	44	409	-122	477
Changes in Operating Assets and Liabilities, net	-28	-27	-90	25	-165	-384	204	156
Net Cash From Investing Activities	-30	-184	-376	-158	-2,274	-83	-2,904	-2,075
Net Cash From Continuing Investing Activities	-30	-184	-376	-158	-2,274	-83	-2,921	-2,075
Purchase of Property, Plant & Equipment	-29	-181	-377	-157	-669	-1,174	-3,030	-2,621
Sale of Property, Plant & Equipment	-	-	-	-	0.00	0.00	0.00	387
Divestitures	-	-	-	0.00	0.00	500	100	136
Sale and/or Maturity of Investments	-	-	-	0.00	0.00	593	0.00	0.00
Other Investing Activities, net	0.54	0.72	0.89	-0.64	-9.35	-1.79	9.23	23
Net Cash From Financing Activities	14	260	603	819	1,817	322	1,529	2,225
Net Cash From Continuing Financing Activities	14	260	603	819	1,817	322	1,529	2,225
Repayment of Debt	-5.95	-91	-13	-1,527	-499	-1,611	-752	-3,962
Payment of Dividends	-	0.00	0.00	-34	-89	-99	-724	-65
Issuance of Debt	0.00	281	348	2,095	2,435	2,032	3,005	5,865
Issuance of Common Equity	0.00	0.00	275	292	-	0.00	0.00	387
Effect of Exchange Rate Changes	-	-	-	0.00	6.54	-3.29	6.17	-82
Cash Interest Paid	5.73	7.52	6.77	27	154	161	100	106
Cash Income Taxes Paid	0.01	0.00	0.03	0.06	17	151	53	28

This table details how cash moves in and out of New Fortress Energy's business through operations, investing, and financing, using quarterly figures. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Net Change in Cash & Equivalents	186	451	-219	-420	36	59	4.12	-17	-61	729
Net Cash From Operating Activities	-80	264	200	304	33	288	70	93	-17	441
Net Cash From Continuing Operating Activities	-80	264	200	304	33	288	70	93	-17	441
Net Income / (Loss) Continuing Operations	56	66	152	120	62	215	57	-87	11	-224
Consolidated Net Income / (Loss)	56	66	152	120	62	215	57	-87	11	-224
Depreciation Expense	36	36	35	42	49	61	50	38	36	39
Non-Cash Adjustments To Reconcile Net Income	73	-45	2.70	-30	-55	-40	100	1.87	35	340
Changes in Operating Assets and Liabilities, net	-245	204	11	171	-23	44	-137	140	-99	252
Net Cash From Investing Activities	246	113	-463	-904	-698	-839	-220	-663	-426	-766
Net Cash From Continuing Investing Activities	246	113	-463	-904	-698	-855	-220	-663	-426	-766
Purchase of Property, Plant & Equipment	-345	-387	-563	-902	-726	-838	-683	-663	-435	-840
Sale of Property, Plant & Equipment	-	-	0.00	-	-	-	329	-	-	58
Other Investing Activities, net	-1.79	-	0.00	-1.45	27	-17	-1.70	0.00	9.05	16
Net Cash From Financing Activities	23	72	43	179	701	605	158	578	365	1,124
Net Cash From Continuing Financing Activities	23	72	43	179	701	605	158	578	365	1,124
Repayment of Debt	-1,384	-76	-6.98	-13	-124	-608	-1,975	-271	-186	-1,530
Payment of Dividends	-28	-24	-650	-27	-24	-24	-32	-23	-5.61	-3.99
Issuance of Debt	1,494	100	700	220	849	1,237	2,165	872	557	2,271
Effect of Exchange Rate Changes	-2.88	1.61	0.95	0.66	-0.69	5.25	-3.77	-25	16	-69

This table presents New Fortress Energy's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Total Assets	699	1,124	1,908	6,876	7,705	10,501	12,867
Total Current Assets	154	211	762	585	1,387	980	1,610
Cash & Equivalents	78	27	602	188	675	155	493
Restricted Cash	0.03	31	13	69	165	155	473
Accounts Receivable	29	50	77	208	280	342	336
Inventories, net	16	63	23	37	39	114	103
Prepaid Expenses	30	40	48	83	227	213	205
Plant, Property, & Equipment, net	0.00	467	234	1,044	2,419	5,348	3,574
Plant, Property & Equipment, gross	-	467	234	1,044	2,419	5,348	3,574
Total Noncurrent Assets	546	446	912	5,248	3,899	4,173	7,683
Long-Term Investments	3.66	-	0.00	1,182	392	138	0.00
Goodwill	-	-	0.00	760	777	777	766
Intangible Assets	43	44	46	143	86	52	180
Noncurrent Deferred & Refundable Income Taxes	0.19	0.03	2.32	6.00	8.07	9.91	2.70
Other Noncurrent Operating Assets	407	311	857	2,554	2,636	3,197	6,734
Total Liabilities & Shareholders' Equity	699	1,124	1,908	6,876	7,705	10,501	12,867
Total Liabilities	417	736	1,533	4,882	6,263	8,723	10,778
Total Current Liabilities	405	102	191	563	1,409	1,706	1,707
Short-Term Debt	272	-	0.00	97	65	293	539
Accounts Payable	43	12	21	68	80	549	474
Accrued Expenses	68	55	90	244	1,162	472	391
Other Current Liabilities	22	36	79	153	102	392	303
Total Noncurrent Liabilities	12	634	1,342	4,320	4,854	7,017	9,070
Long-Term Debt	0.00	619	1,240	3,758	4,477	6,511	8,356
Noncurrent Deferred & Payable Income Tax Liabilities	0.00	0.24	2.33	270	26	44	73
Other Noncurrent Operating Liabilities	12	15	100	293	351	462	642
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	-	0.00	91
Total Equity & Noncontrolling Interests	283	387	375	1,994	1,442	1,778	1,999
Total Preferred & Common Equity	0.00	85	367	1,792	1,290	1,640	1,876
Total Common Equity	268	85	367	1,792	1,288	1,640	1,876
Common Stock	427	131	596	1,926	1,170	1,041	1,677
Retained Earnings	-158	-46	-230	-132	62	528	196
Accumulated Other Comprehensive Income / (Loss)	-0.01	-0.03	0.18	-2.09	55	72	3.09
Noncontrolling Interest	14	303	8.13	202	152	138	123

This table presents New Fortress Energy's assets and liabilities at the end of each period, using quarterly balance sheet data. All values are USD millions unless otherwise specified.

Metric	Q3 2022	Q1 2023	Q2 2023	Q3 2023	Q1 2024	Q2 2024	Q3 2024
Period end date	9/30/2022	3/31/2023	6/30/2023	9/30/2023	3/31/2024	6/30/2024	9/30/2024
Total Assets	7,441	8,224	9,135	9,796	10,880	11,408	11,970
Total Current Assets	1,045	1,154	714	866	1,039	1,124	1,034
Cash & Equivalents	364	297	104	171	143	133	91
Restricted Cash	24	325	101	66	171	165	146
Accounts Receivable	438	353	275	361	335	407	436
Inventories, net	63	77	128	103	187	142	88
Prepaid Expenses	155	102	105	165	202	278	273
Plant, Property, & Equipment, net	1,835	3,357	4,593	4,790	5,798	6,301	7,051
Plant, Property & Equipment, gross	1,835	3,357	4,593	4,790	5,798	6,301	7,051
Total Noncurrent Assets	4,561	3,712	3,828	4,140	4,044	3,983	3,885
Long-Term Investments	1,016	136	139	139	0.00	0.00	0.00
Goodwill	778	777	777	777	777	777	777
Intangible Assets	92	80	75	67	212	208	206
Noncurrent Deferred & Refundable Income Taxes	4.75	8.07	8.07	8.07	28	43	13
Other Noncurrent Operating Assets	2,664	2,711	2,830	3,149	3,028	2,955	2,888
Total Liabilities & Shareholders' Equity	7,441	8,224	9,135	9,796	10,880	11,408	11,970
Total Liabilities	5,439	6,774	7,584	8,218	8,984	9,623	10,183
Total Current Liabilities	571	1,396	2,068	1,911	1,567	1,565	2,709
Short-Term Debt	58	277	367	271	292	236	1,146
Accounts Payable	104	310	603	893	525	573	820
Accrued Expenses	279	603	821	436	418	384	374
Other Current Liabilities	130	206	277	312	333	371	370
Total Noncurrent Liabilities	4,868	5,378	5,516	6,307	7,417	8,058	7,474
Long-Term Debt	4,397	4,952	5,064	5,898	6,735	7,393	6,863
Noncurrent Deferred & Payable Income Tax Liabilities	101	26	27	27	93	98	66
Other Noncurrent Operating Liabilities	370	400	425	382	589	568	544
Commitments & Contingencies	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Redeemable Noncontrolling Interest	-	-	-	-	97	98	97
Total Equity & Noncontrolling Interests	2,002	1,449	1,551	1,579	1,800	1,687	1,690
Total Preferred & Common Equity	1,847	1,299	1,406	1,436	1,671	1,560	1,564
Total Common Equity	1,845	1,297	1,404	1,436	1,671	1,560	1,562
Common Stock	1,802	1,048	1,039	1,041	1,046	1,065	1,086
Retained Earnings	-2.05	192	291	331	561	451	439
Accumulated Other Comprehensive Income / (Loss)	46	57	74	63	64	44	37
Noncontrolling Interest	155	151	145	142	128	127	127

This table displays calculated financial ratios and metrics derived from New Fortress Energy's official financial filings.

Metric	2017	2018	2019	2020	2021	2022	2023	2024
Period end date	12/31/2017	12/31/2018	12/31/2019	12/31/2020	12/31/2021	12/31/2022	12/31/2023	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-
Revenue Growth	0.00%	15.46%	68.41%	138.81%	192.88%	79.03%	1.90%	-2.01%
EBITDA Growth	0.00%	-138.93%	-242.32%	31.43%	417.22%	151.98%	20.89%	-44.83%
EBIT Growth	0.00%	-133.72%	-219.68%	13.07%	259.66%	206.77%	18.70%	-54.35%
NOPAT Growth	0.00%	-134.05%	-220.19%	17.04%	289.49%	340.61%	-14.50%	-51.43%
Net Income Growth	0.00%	-146.86%	-161.34%	-29.19%	135.12%	99.31%	197.03%	-144.16%
EPS Growth	0.00%	0.00%	0.00%	-5.56%	127.49%	97.87%	184.95%	-147.17%
Operating Cash Flow Growth	0.00%	-69.84%	-151.28%	46.40%	167.51%	318.91%	132.25%	-28.86%
Free Cash Flow Firm Growth	0.00%	0.00%	-18.05%	73.50%	-1,893.67%	117.75%	-558.18%	42.07%
Invested Capital Growth	0.00%	0.00%	100.55%	5.48%	340.97%	7.69%	71.20%	23.20%
Revenue Q/Q Growth	0.00%	0.00%	25.46%	20.21%	61.34%	-4.14%	9.63%	-3.25%
EBITDA Q/Q Growth	0.00%	0.00%	-7.52%	32.90%	165.38%	5.93%	10.32%	-19.71%
EBIT Q/Q Growth	0.00%	0.00%	-7.11%	23.93%	412.24%	5.90%	8.58%	-27.67%
NOPAT Q/Q Growth	0.00%	0.00%	-8.26%	25.87%	688.24%	4.02%	3.40%	-19.55%
Net Income Q/Q Growth	0.00%	0.00%	-1.80%	12.53%	255.65%	-31.74%	37.28%	-223.67%
EPS Q/Q Growth	0.00%	0.00%	-5.19%	43.19%	-49.46%	-32.12%	38.74%	-237.36%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	-20.24%	35.68%	156.69%	12.53%	2.94%	35.27%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	38.75%	1.10%	2,000.37%	-66.32%	12.27%
Invested Capital Q/Q Growth	0.00%	0.00%	15.00%	6.38%	4.86%	-5.98%	10.34%	4.81%
Profitability Metrics	-	-	-	-	-	-	-	-
Gross Margin	11.43%	6.21%	-11.17%	27.74%	47.89%	52.87%	56.73%	47.61%
EBITDA Margin	-21.36%	-44.21%	-89.86%	-25.80%	27.95%	39.33%	46.67%	26.27%
Operating Margin	-25.69%	-52.08%	-99.02%	-34.40%	18.06%	31.14%	39.06%	22.78%
EBIT Margin	-25.38%	-51.38%	-97.54%	-35.51%	19.35%	33.16%	38.63%	18.00%
Profit (Net Income) Margin	-32.56%	-69.62%	-108.03%	-58.44%	7.01%	7.80%	22.74%	-10.25%
Tax Burden Percent	101.69%	99.57%	100.22%	101.86%	102.18%	34.63%	83.87%	140.21%
Interest Burden Percent	126.15%	136.07%	110.52%	161.60%	35.44%	67.93%	70.20%	-40.62%
Effective Tax Rate	0.00%	0.00%	0.00%	0.00%	13.73%	-23.13%	17.65%	0.00%
Return on Invested Capital (ROIC)	0.00%	-17.32%	-18.45%	-11.16%	7.62%	19.82%	12.05%	4.15%
ROIC Less NNEP Spread (ROIC-NNEP)	0.00%	-56.48%	-37.94%	-37.33%	0.16%	-5.44%	7.34%	-4.52%
Return on Net Nonoperating Assets (RNNOA)	0.00%	-38.00%	-42.54%	-58.08%	0.21%	-9.07%	22.04%	-16.69%
Return on Equity (ROE)	0.00%	-55.32%	-60.99%	-69.24%	7.83%	10.76%	34.09%	-12.53%
Cash Return on Invested Capital (CROIC)	0.00%	-217.32%	-85.36%	-16.50%	-118.44%	12.42%	-40.45%	-16.63%
Operating Return on Assets (OROA)	0.00%	-8.25%	-20.24%	-10.58%	5.83%	10.77%	10.24%	3.64%
Return on Assets (ROA)	0.00%	-11.18%	-22.41%	-17.41%	2.11%	2.53%	6.03%	-2.07%
Return on Common Equity (ROCE)	0.00%	-52.51%	-32.15%	-41.03%	7.13%	9.64%	31.00%	-11.40%
Return on Equity Simple (ROE_SIMPLE)	0.00%	0.00%	-240.93%	-71.93%	5.17%	14.33%	33.47%	-12.92%
Net Operating Profit after Tax (NOPAT)	-17	-41	-131	-109	206	908	776	377
NOPAT Margin	-17.99%	-36.46%	-69.32%	-24.08%	15.58%	38.34%	32.17%	15.94%
Net Nonoperating Expense Percent (NNEP)	0.00%	39.16%	19.50%	26.17%	7.45%	25.26%	4.71%	8.67%
Return On Investment Capital (ROIC_SIMPLE)	-	-	-	-	-	15.17%	9.05%	3.46%
Cost of Revenue to Revenue	88.57%	93.79%	111.17%	72.26%	52.11%	47.13%	43.27%	52.39%
SG&A Expenses to Revenue	34.28%	55.33%	80.86%	26.60%	19.02%	12.65%	10.38%	13.48%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	37.12%	58.29%	87.85%	62.14%	29.83%	21.73%	17.67%	24.83%
Earnings before Interest and Taxes (EBIT)	-25	-58	-184	-160	256	785	932	426
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	-21	-50	-170	-117	370	932	1,126	621
Valuation Ratios	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	0.00	1.04	27.12	21.66	2.48	6.12	4.64	2.03
Price to Tangible Book Value (P/TBV)	0.00	1.24	55.74	24.78	5.00	18.54	9.37	4.09
Price to Revenue (P/Rev)	2.88	2.49	12.16	17.60	3.36	3.33	3.15	1.61
Price to Earnings (P/E)	0.00	0.00	0.00	0.00	45.74	42.64	13.88	0.00
Dividend Yield	0.00%	0.00%	0.00%	0.42%	1.86%	1.06%	10.64%	2.65%
Earnings Yield	0.00%	0.00%	0.00%	0.00%	2.19%	2.35%	7.20%	0.00%
Enterprise Value to Invested Capital (EV/IC)	0.00	1.02	3.34	8.58	1.60	2.39	1.73	1.19
Enterprise Value to Revenue (EV/Rev)	0.00	4.31	16.73	19.00	5.34	4.79	5.84	5.05
Enterprise Value to EBITDA (EV/EBITDA)	0.00	0.00	0.00	0.00	19.10	12.17	12.52	19.23
Enterprise Value to EBIT (EV/EBIT)	0.00	0.00	0.00	0.00	27.58	14.44	15.12	28.07
Enterprise Value to NOPAT (EV/NOPAT)	0.00	0.00	0.00	0.00	34.27	12.49	18.16	31.68
Enterprise Value to Operating Cash Flow (EV/OCF)	0.00	0.00	0.00	0.00	83.30	31.93	17.09	20.36
Enterprise Value to Free Cash Flow (EV/FCFF)	0.00	0.00	0.00	0.00	0.00	19.94	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-
Debt to Equity	0.00	0.96	1.60	3.30	1.93	3.15	3.83	4.26
Long-Term Debt to Equity	0.00	0.00	1.60	3.30	1.88	3.10	3.66	4.00
Financial Leverage	0.00	0.67	1.12	1.56	1.28	1.67	3.00	3.69
Leverage Ratio	0.00	2.47	2.72	3.98	3.71	4.24	5.65	6.04
Compound Leverage Factor	0.00	3.37	3.01	6.43	1.31	2.88	3.97	-2.45
Debt to Total Capital	0.00%	49.06%	61.51%	76.77%	65.91%	75.90%	79.28%	80.98%
Short-Term Debt to Total Capital	0.00%	49.06%	0.00%	0.00%	1.66%	1.08%	3.41%	4.91%
Long-Term Debt to Total Capital	0.00%	0.00%	61.51%	76.77%	64.25%	74.82%	75.87%	76.07%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.00%	2.58%	30.06%	0.50%	3.46%	2.54%	1.61%	1.94%
Common Equity to Total Capital	0.00%	48.36%	8.43%	22.73%	30.63%	21.52%	19.11%	17.08%
Debt to EBITDA	0.00	-5.48	-3.64	-10.64	10.43	4.88	6.04	14.32
Net Debt to EBITDA	0.00	-3.83	-3.30	-5.36	6.54	3.55	5.64	12.76
Long-Term Debt to EBITDA	0.00	0.00	-3.64	-10.64	10.17	4.81	5.78	13.45
Debt to NOPAT	0.00	-6.65	-4.72	-11.40	18.71	5.00	8.76	23.59
Net Debt to NOPAT	0.00	-4.65	-4.28	-5.75	11.73	3.64	8.19	21.03
Long-Term Debt to NOPAT	0.00	0.00	-4.72	-11.40	18.24	4.93	8.39	22.16
Altman Z-Score	0.00	-0.46	1.56	3.26	0.84	1.41	1.03	0.52
Noncontrolling Interest Sharing Ratio	0.00%	5.07%	47.29%	40.75%	8.89%	10.38%	9.07%	9.08%
Liquidity Ratios	-	-	-	-	-	-	-	-
Current Ratio	0.00	0.38	2.06	3.99	1.04	0.98	0.57	0.94
Quick Ratio	0.00	0.27	0.75	3.55	0.70	0.68	0.29	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	0.00	-514	-607	-161	-3,205	569	-2,606	-1,509
Operating Cash Flow to CapEx	-191.08%	-51.46%	-62.13%	-79.98%	12.66%	30.25%	27.22%	26.27%
Free Cash Flow to Firm to Interest Expense	0.00	-24.68	-31.25	-1.63	-19.39	2.26	-9.38	-2.52
Operating Cash Flow to Interest Expense	-8.50	-4.48	-12.07	-1.27	0.51	1.41	2.97	0.98
Operating Cash Flow Less CapEx to Interest Expense	-12.95	-13.18	-31.49	-2.86	-3.54	-3.25	-7.94	-2.75
Efficiency Ratios	-	-	-	-	-	-	-	-
Asset Turnover	0.00	0.16	0.21	0.30	0.30	0.32	0.27	0.20
Accounts Receivable Turnover	0.00	3.94	4.82	7.14	9.28	9.69	7.75	6.97
Inventory Turnover	0.00	6.60	5.30	7.56	22.96	29.28	13.67	11.42
Fixed Asset Turnover	0.00	0.00	0.00	1.29	2.07	1.37	0.62	0.53
Accounts Payable Turnover	0.00	2.44	7.68	19.82	15.42	15.04	3.32	2.42
Days Sales Outstanding (DSO)	0.00	92.73	75.67	51.09	39.33	37.67	47.09	52.34
Days Inventory Outstanding (DIO)	0.00	55.30	68.91	48.26	15.90	12.47	26.70	31.95
Days Payable Outstanding (DPO)	0.00	149.62	47.54	18.41	23.67	24.27	110.08	150.72
Cash Conversion Cycle (CCC)	0.00	-1.59	97.04	80.93	31.55	25.86	-36.30	-66.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-
Invested Capital	0.00	473	948	1,000	4,411	4,750	8,132	10,019
Invested Capital Turnover	0.00	0.48	0.27	0.46	0.49	0.52	0.37	0.26
Increase / (Decrease) in Invested Capital	0.00	473	475	52	3,411	339	3,382	1,887
Enterprise Value (EV)	0.00	485	3,164	8,583	7,061	11,340	14,098	11,944
Market Capitalization	280	280	2,300	7,949	4,442	7,880	7,606	3,801
Book Value per Share	$0.00	$13.42	$0.50	$2.17	$8.66	$6.17	$8.00	$7.46
Tangible Book Value per Share	$0.00	$11.26	$0.25	$1.90	$4.30	$2.04	$3.96	$3.70
Total Capital	0.00	555	1,006	1,615	5,849	5,984	8,581	10,984
Total Debt	0.00	272	619	1,240	3,855	4,542	6,803	8,895
Total Long-Term Debt	0.00	0.00	619	1,240	3,758	4,477	6,511	8,356
Net Debt	0.00	190	561	625	2,417	3,308	6,355	7,929
Capital Expenditures (CapEx)	29	181	377	157	669	1,174	3,030	2,234
Debt-free, Cash-free Net Working Capital (DFCFNWC)	0.00	-57	51	-43	-136	-798	-745	-524
Debt-free Net Working Capital (DFNWC)	0.00	21	109	571	120	43	-434	442
Net Working Capital (NWC)	0.00	-251	109	571	22	-22	-726	-97
Net Nonoperating Expense (NNE)	14	37	73	155	113	723	227	619
Net Nonoperating Obligations (NNO)	0.00	190	561	625	2,417	3,308	6,355	7,929
Total Depreciation and Amortization (D&A)	3.91	8.06	15	44	114	146	194	196
Debt-free, Cash-free Net Working Capital to Revenue	0.00%	-50.86%	26.86%	-9.63%	-10.32%	-33.70%	-30.85%	-22.15%
Debt-free Net Working Capital to Revenue	0.00%	18.89%	57.56%	126.39%	9.04%	1.80%	-17.97%	18.68%
Net Working Capital to Revenue	0.00%	-223.48%	57.56%	126.39%	1.69%	-0.93%	-30.10%	-4.11%
Earnings Adjustments	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.00	$0.00	($1.62)	($1.71)	$0.49	$0.93	$2.66	($1.24)
Adjusted Weighted Average Basic Shares Outstanding	0.00	0.00	167.95M	175.96M	198.59M	209.50M	205.94M	217.58M
Adjusted Diluted Earnings per Share	$0.00	$0.00	($1.62)	($1.71)	$0.47	$0.93	$2.65	($1.25)
Adjusted Weighted Average Diluted Shares Outstanding	0.00	0.00	167.95M	175.96M	201.70M	209.85M	206.48M	218.62M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	($1.62)	($1.71)	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	0.00	0.00	20.86M	106.65M	206.86M	208.77M	205.03M	273.77M
Normalized Net Operating Profit after Tax (NOPAT)	-17	-41	-127	-106	245	567	767	451
Normalized NOPAT Margin	-17.99%	-36.46%	-67.36%	-23.45%	18.49%	23.94%	31.78%	19.09%
Pre Tax Income Margin	-32.02%	-69.92%	-107.80%	-57.38%	6.86%	22.53%	27.12%	-7.31%
Debt Service Ratios	-	-	-	-	-	-	-	-
EBIT to Interest Expense	-3.82	-2.77	-9.50	-1.62	1.55	3.12	3.36	0.71
NOPAT to Interest Expense	-2.71	-1.97	-6.75	-1.10	1.25	3.61	2.79	0.63
EBIT Less CapEx to Interest Expense	-8.27	-11.47	-28.93	-3.21	-2.50	-1.54	-7.55	-3.02
NOPAT Less CapEx to Interest Expense	-7.16	-10.67	-26.18	-2.69	-2.80	-1.06	-8.11	-3.10
Payout Ratios	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	-12.78%	95.73%	53.60%	131.90%	-26.94%
Augmented Payout Ratio	-0.61%	0.00%	-3.40%	-13.20%	95.73%	53.60%	131.90%	-26.94%

This table displays calculated financial ratios and metrics derived from New Fortress Energy's official financial filings.

Metric	Q3 2022	Q4 2022	Q1 2023	Q2 2023	Q3 2023	Q4 2023	Q1 2024	Q2 2024	Q3 2024	Q4 2024
Period end date	9/30/2022	12/31/2022	3/31/2023	6/30/2023	9/30/2023	12/31/2023	3/31/2024	6/30/2024	9/30/2024	12/31/2024
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	140.25%	-15.77%	14.65%	-4.02%	-29.71%	38.80%	19.20%	-23.75%	10.32%	-10.46%
EBITDA Growth	99.31%	17.40%	25.24%	24.87%	-5.54%	32.56%	-22.02%	-85.46%	-39.75%	-46.19%
EBIT Growth	197.50%	19.60%	30.10%	26.80%	-13.97%	27.61%	-31.72%	-101.53%	-43.78%	-47.80%
NOPAT Growth	402.96%	16.19%	-1.40%	-29.84%	-36.62%	12.04%	-39.80%	-81.64%	-40.66%	-41.69%
Net Income Growth	416.46%	-56.63%	-37.16%	167.31%	10.86%	226.53%	-62.61%	-172.32%	-81.85%	-204.02%
EPS Growth	680.00%	-57.89%	-37.17%	171.60%	3.45%	231.25%	-63.38%	-175.86%	-90.00%	-203.77%
Operating Cash Flow Growth	-181.73%	17.62%	74.98%	437.10%	141.72%	8.93%	-65.00%	-69.41%	-150.34%	53.19%
Free Cash Flow Firm Growth	79.59%	97.11%	69.71%	-71.55%	-226.11%	-3,256.33%	-155.24%	-75.36%	3.85%	44.45%
Invested Capital Growth	20.10%	7.69%	26.03%	30.83%	45.87%	71.20%	45.41%	37.32%	29.70%	23.20%
Revenue Q/Q Growth	25.15%	-25.35%	6.00%	-3.07%	-8.35%	47.41%	-8.97%	-38.00%	32.60%	19.64%
EBITDA Q/Q Growth	10.63%	42.72%	-8.74%	-13.34%	-16.31%	100.28%	-46.31%	-83.84%	246.74%	78.88%
EBIT Q/Q Growth	13.30%	51.21%	-9.26%	-18.44%	-23.13%	124.30%	-51.44%	-101.83%	2,921.32%	108.29%
NOPAT Q/Q Growth	-30.37%	47.10%	-10.08%	-23.83%	-37.10%	160.04%	-51.69%	-76.76%	103.27%	155.56%
Net Income Q/Q Growth	131.51%	17.03%	130.33%	-20.76%	-48.09%	244.69%	-73.63%	-253.27%	113.02%	-2,075.69%
EPS Q/Q Growth	135.80%	10.34%	121.88%	-18.31%	-48.28%	253.33%	-75.47%	-269.23%	106.82%	-3,766.67%
Operating Cash Flow Q/Q Growth	-241.16%	430.72%	-24.19%	51.76%	-89.03%	763.40%	-75.64%	32.65%	-118.05%	2,727.28%
Free Cash Flow Firm Q/Q Growth	16.63%	86.35%	-981.70%	-39.40%	-58.48%	-40.45%	17.74%	4.23%	13.10%	18.85%
Invested Capital Q/Q Growth	-0.43%	-5.98%	24.61%	12.15%	11.02%	10.34%	5.84%	5.91%	4.86%	4.81%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	43.18%	67.79%	63.46%	53.78%	50.87%	57.75%	56.88%	38.98%	37.03%	52.46%
EBITDA Margin	29.04%	55.52%	47.80%	42.73%	39.03%	53.02%	31.27%	8.15%	21.31%	31.87%
Operating Margin	25.51%	45.85%	46.14%	34.02%	29.08%	44.16%	26.73%	10.36%	14.01%	33.91%
EBIT Margin	24.12%	48.85%	41.82%	35.19%	29.52%	44.92%	23.96%	-0.71%	15.04%	26.19%
Profit (Net Income) Margin	7.68%	12.04%	26.17%	21.40%	12.12%	28.33%	8.21%	-20.29%	1.99%	-32.92%
Tax Burden Percent	57.42%	35.30%	88.87%	90.20%	71.62%	81.49%	72.38%	104.12%	79.30%	122.80%
Interest Burden Percent	55.48%	69.84%	70.41%	67.40%	57.32%	77.41%	47.34%	2,756.94%	16.71%	-102.36%
Effective Tax Rate	10.18%	1.51%	16.98%	11.51%	28.94%	17.46%	27.62%	0.00%	20.70%	0.00%
Return on Invested Capital (ROIC)	12.23%	23.35%	17.63%	12.43%	7.32%	13.66%	6.72%	2.20%	3.21%	6.19%
ROIC Less NNEP Spread (ROIC-NNEP)	8.08%	17.03%	15.57%	11.22%	6.33%	12.38%	5.35%	0.30%	2.45%	0.80%
Return on Net Nonoperating Assets (RNNOA)	11.17%	28.37%	28.31%	25.06%	15.63%	37.16%	17.88%	1.12%	9.86%	2.95%
Return on Equity (ROE)	23.40%	51.72%	45.94%	37.49%	22.95%	50.82%	24.60%	3.33%	13.07%	9.14%
Cash Return on Invested Capital (CROIC)	0.58%	12.42%	-5.99%	-12.90%	-25.22%	-40.45%	-27.45%	-24.92%	-20.33%	-16.63%
Operating Return on Assets (OROA)	8.45%	15.87%	13.10%	10.39%	7.54%	11.91%	6.33%	-0.16%	3.38%	5.30%
Return on Assets (ROA)	2.69%	3.91%	8.20%	6.32%	3.09%	7.51%	2.17%	-4.72%	0.45%	-6.66%
Return on Common Equity (ROCE)	21.08%	46.35%	41.56%	34.01%	21.03%	46.21%	21.82%	2.95%	11.64%	8.31%
Return on Equity Simple (ROE_SIMPLE)	14.65%	0.00%	7.33%	28.00%	27.84%	0.00%	27.16%	15.83%	12.53%	0.00%
Net Operating Profit after Tax (NOPAT)	168	247	222	169	106	276	134	31	63	161
NOPAT Margin	22.92%	45.16%	38.31%	30.10%	20.66%	36.45%	19.35%	7.25%	11.11%	23.74%
Net Nonoperating Expense Percent (NNEP)	4.15%	6.32%	2.05%	1.21%	0.99%	1.27%	1.38%	1.90%	0.76%	5.39%
Return On Investment Capital (ROIC_SIMPLE)	-	4.12%	-	-	-	3.22%	-	-	-	1.48%
Cost of Revenue to Revenue	56.82%	32.21%	36.54%	46.22%	49.13%	42.25%	43.12%	61.02%	62.97%	47.54%
SG&A Expenses to Revenue	12.01%	13.12%	11.30%	11.98%	11.80%	7.54%	11.47%	18.48%	15.97%	10.31%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	17.67%	21.94%	17.32%	19.76%	21.80%	13.59%	30.15%	28.63%	23.02%	18.54%
Earnings before Interest and Taxes (EBIT)	177	267	242	198	152	341	165	-3.03	85	178
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	213	303	277	240	201	402	216	35	121	216
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	4.41	6.12	4.66	3.86	4.59	4.64	3.74	2.89	1.19	2.03
Price to Tangible Book Value (P/TBV)	8.34	18.54	13.74	9.80	11.14	9.37	9.14	7.83	3.22	4.09
Price to Revenue (P/Rev)	3.29	3.33	2.47	2.24	2.99	3.15	2.47	1.89	0.76	1.61
Price to Earnings (P/E)	28.91	42.64	56.77	13.70	16.69	13.88	13.82	18.50	9.72	0.00
Dividend Yield	1.02%	1.06%	13.64%	14.94%	12.28%	10.64%	1.31%	1.82%	4.40%	2.65%
Earnings Yield	3.46%	2.35%	1.76%	7.30%	5.99%	7.20%	7.24%	5.41%	10.29%	0.00%
Enterprise Value to Invested Capital (EV/IC)	2.24	2.39	1.80	1.60	1.70	1.73	1.53	1.32	1.03	1.19
Enterprise Value to Revenue (EV/Rev)	4.59	4.79	4.37	4.40	5.69	5.84	5.22	5.05	4.03	5.05
Enterprise Value to EBITDA (EV/EBITDA)	12.89	12.17	10.83	10.31	12.27	12.52	12.45	14.13	12.74	19.23
Enterprise Value to EBIT (EV/EBIT)	15.28	14.44	12.67	12.06	14.59	15.12	15.41	18.42	16.76	28.07
Enterprise Value to NOPAT (EV/NOPAT)	12.99	12.49	11.78	13.17	16.68	18.16	18.98	23.44	21.04	31.68
Enterprise Value to Operating Cash Flow (EV/OCF)	35.92	31.93	24.18	15.48	15.63	17.09	18.97	24.93	22.73	20.36
Enterprise Value to Free Cash Flow (EV/FCFF)	418.62	19.94	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	2.23	3.15	3.61	3.50	3.91	3.83	3.71	4.27	4.48	4.26
Long-Term Debt to Equity	2.20	3.10	3.42	3.27	3.74	3.66	3.55	4.14	3.84	4.00
Financial Leverage	1.38	1.67	1.82	2.23	2.47	3.00	3.34	3.72	4.03	3.69
Leverage Ratio	3.63	4.24	4.14	4.52	4.81	5.65	5.71	6.16	6.47	6.04
Compound Leverage Factor	2.01	2.96	2.91	3.05	2.76	4.38	2.70	169.78	1.08	-6.18
Debt to Total Capital	68.99%	75.90%	78.30%	77.79%	79.62%	79.28%	78.75%	81.04%	81.76%	80.98%
Short-Term Debt to Total Capital	0.90%	1.08%	4.15%	5.26%	3.49%	3.41%	3.27%	2.51%	11.70%	4.91%
Long-Term Debt to Total Capital	68.09%	74.82%	74.15%	72.53%	76.13%	75.87%	75.48%	78.53%	70.06%	76.07%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	2.40%	2.54%	2.25%	2.07%	1.84%	1.61%	2.52%	2.39%	2.28%	1.94%
Common Equity to Total Capital	28.58%	21.52%	19.42%	20.11%	18.54%	19.11%	18.73%	16.57%	15.94%	17.08%
Debt to EBITDA	5.07	4.88	5.31	5.26	6.04	6.04	6.64	8.94	10.35	14.32
Net Debt to EBITDA	3.47	3.55	4.54	4.93	5.67	5.64	6.34	8.59	10.04	12.76
Long-Term Debt to EBITDA	5.00	4.81	5.03	4.90	5.78	5.78	6.36	8.66	8.87	13.45
Debt to NOPAT	5.10	5.00	5.78	6.72	8.22	8.76	10.12	14.83	17.09	23.59
Net Debt to NOPAT	3.49	3.64	4.94	6.29	7.71	8.19	9.66	14.25	16.58	21.03
Long-Term Debt to NOPAT	5.04	4.93	5.47	6.26	7.86	8.39	9.70	14.37	14.64	22.16
Altman Z-Score	1.38	1.18	0.93	0.63	0.68	0.85	0.71	0.50	0.22	0.45
Noncontrolling Interest Sharing Ratio	9.91%	10.38%	9.53%	9.28%	8.36%	9.07%	11.29%	11.15%	10.93%	9.08%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.83	0.98	0.83	0.35	0.45	0.57	0.66	0.72	0.38	0.94
Quick Ratio	1.41	0.68	0.47	0.18	0.28	0.29	0.31	0.34	0.19	0.49
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	-678	-93	-1,001	-1,395	-2,211	-3,106	-2,555	-2,447	-2,126	-1,725
Operating Cash Flow to CapEx	-23.11%	68.25%	35.53%	33.66%	4.59%	34.31%	19.76%	14.02%	-3.86%	56.36%
Free Cash Flow to Firm to Interest Expense	-8.63	-1.15	-13.96	-21.67	-34.11	-40.36	-29.33	-30.43	-29.90	-4.79
Operating Cash Flow to Interest Expense	-1.02	3.28	2.79	4.72	0.51	3.74	0.80	1.16	-0.24	1.22
Operating Cash Flow Less CapEx to Interest Expense	-5.41	-1.53	-5.07	-9.30	-10.69	-7.16	-3.27	-7.09	-6.35	-0.95
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.35	0.32	0.31	0.30	0.26	0.27	0.26	0.23	0.22	0.20
Accounts Receivable Turnover	8.24	9.69	8.25	8.22	5.51	7.75	7.33	7.01	6.14	6.97
Inventory Turnover	17.10	29.28	16.76	10.60	10.83	13.67	8.59	8.38	12.92	11.42
Fixed Asset Turnover	0.00	1.37	1.06	0.81	0.66	0.62	0.55	0.44	0.41	0.53
Accounts Payable Turnover	7.90	15.04	5.60	2.98	1.81	3.32	2.71	1.93	1.44	2.42
Days Sales Outstanding (DSO)	44.28	37.67	44.22	44.42	66.26	47.09	49.77	52.06	59.49	52.34
Days Inventory Outstanding (DIO)	21.35	12.47	21.77	34.44	33.69	26.70	42.48	43.55	28.25	31.95
Days Payable Outstanding (DPO)	46.22	24.27	65.15	122.62	202.20	110.08	134.79	189.52	252.73	150.72
Cash Conversion Cycle (CCC)	19.41	25.86	0.85	-43.77	-102.25	-36.30	-42.53	-93.91	-164.99	-66.43
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	5,053	4,750	5,919	6,639	7,370	8,132	8,608	9,116	9,559	10,019
Invested Capital Turnover	0.53	0.52	0.46	0.41	0.35	0.37	0.35	0.30	0.29	0.26
Increase / (Decrease) in Invested Capital	846	339	1,223	1,564	2,317	3,382	2,688	2,478	2,189	1,887
Enterprise Value (EV)	11,335	11,340	10,662	10,649	12,525	14,098	13,180	12,064	9,860	11,944
Market Capitalization	8,130	7,880	6,041	5,417	6,591	7,606	6,243	4,507	1,864	3,801
Book Value per Share	$8.80	$6.17	$6.21	$6.85	$7.00	$8.00	$8.15	$7.61	$7.62	$7.46
Tangible Book Value per Share	$4.65	$2.04	$2.11	$2.70	$2.89	$3.96	$3.33	$2.81	$2.82	$3.70
Total Capital	6,457	5,984	6,678	6,982	7,747	8,581	8,923	9,414	9,796	10,984
Total Debt	4,455	4,542	5,229	5,431	6,168	6,803	7,026	7,629	8,009	8,895
Total Long-Term Debt	4,397	4,477	4,952	5,064	5,898	6,511	6,735	7,393	6,863	8,356
Net Debt	3,050	3,308	4,470	5,088	5,792	6,355	6,711	7,331	7,772	7,929
Capital Expenditures (CapEx)	345	387	563	902	726	838	354	663	435	782
Debt-free, Cash-free Net Working Capital (DFCFNWC)	143	-798	-587	-1,192	-1,012	-745	-552	-502	-766	-524
Debt-free Net Working Capital (DFNWC)	532	43	35	-987	-774	-434	-237	-204	-529	442
Net Working Capital (NWC)	474	-22	-242	-1,354	-1,045	-726	-528	-440	-1,675	-97
Net Nonoperating Expense (NNE)	111	181	70	49	44	62	77	118	52	385
Net Nonoperating Obligations (NNO)	3,050	3,308	4,470	5,088	5,792	6,355	6,711	7,331	7,772	7,929
Total Depreciation and Amortization (D&A)	36	36	35	42	49	61	50	38	36	39
Debt-free, Cash-free Net Working Capital to Revenue	5.80%	-33.70%	-24.04%	-49.28%	-45.97%	-30.85%	-21.85%	-21.00%	-31.34%	-22.15%
Debt-free Net Working Capital to Revenue	21.52%	1.80%	1.43%	-40.82%	-35.18%	-17.97%	-9.37%	-8.54%	-21.65%	18.68%
Net Working Capital to Revenue	19.17%	-0.93%	-9.91%	-55.99%	-47.47%	-30.10%	-20.92%	-18.42%	-68.53%	-4.11%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$0.30	$0.30	$0.72	$0.58	$0.30	$1.06	$0.26	($0.44)	$0.04	($1.10)
Adjusted Weighted Average Basic Shares Outstanding	209.63M	209.50M	208.71M	205.05M	205.03M	205.94M	205.06M	205.07M	205.07M	217.58M
Adjusted Diluted Earnings per Share	$0.29	$0.32	$0.71	$0.58	$0.30	$1.06	$0.26	($0.44)	$0.03	($1.10)
Adjusted Weighted Average Diluted Shares Outstanding	209.80M	209.85M	209.33M	205.71M	205.03M	206.48M	205.98M	205.85M	208.88M	218.62M
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	208.77M	208.77M	205.03M	205.03M	205.03M	205.03M	205.06M	205.07M	251.42M	273.77M
Normalized Net Operating Profit after Tax (NOPAT)	173	256	222	170	108	254	190	35	67	166
Normalized NOPAT Margin	23.60%	46.85%	38.38%	30.35%	21.04%	33.49%	27.58%	8.24%	11.76%	24.40%
Pre Tax Income Margin	13.38%	34.12%	29.45%	23.72%	16.92%	34.77%	11.34%	-19.49%	2.51%	-26.81%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	2.25	3.32	3.38	3.07	2.34	4.43	1.90	-0.04	1.20	0.49
NOPAT to Interest Expense	2.13	3.06	3.10	2.62	1.64	3.59	1.53	0.39	0.89	0.45
EBIT Less CapEx to Interest Expense	-2.15	-1.49	-4.48	-10.95	-8.86	-6.47	-2.17	-8.28	-4.92	-1.68
NOPAT Less CapEx to Interest Expense	-2.26	-1.74	-4.76	-11.39	-9.56	-7.30	-2.54	-7.86	-5.23	-1.72
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	36.52%	53.60%	761.86%	185.06%	181.17%	131.90%	23.46%	41.60%	43.29%	-26.94%
Augmented Payout Ratio	36.52%	53.60%	761.86%	185.06%	181.17%	131.90%	23.46%	41.60%	43.29%	-26.94%

Frequently Asked Questions About New Fortress Energy's Financials

When does New Fortress Energy's financial year end?

According to the most recent income statement we have on file, New Fortress Energy's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has New Fortress Energy's net income changed over the last 7 years?

New Fortress Energy's net income appears to be on an upward trend, with a most recent value of -$242.39 million in 2024, rising from -$31.67 million in 2017. The previous period was $548.88 million in 2023. See where experts think New Fortress Energy is headed by visiting New Fortress Energy's forecast page.

What is New Fortress Energy's operating income?

New Fortress Energy's total operating income in 2024 was $538.64 million, based on the following breakdown:

Total Gross Profit: $1.13 billion
Total Operating Expenses: $587.24 million

How has New Fortress Energy revenue changed over the last 7 years?

Over the last 7 years, New Fortress Energy's total revenue changed from $97.26 million in 2017 to $2.36 billion in 2024, a change of 2,331.4%.

How much debt does New Fortress Energy have?

New Fortress Energy's total liabilities were at $10.78 billion at the end of 2024, a 23.6% increase from 2023, and a 2,486.1% increase since 2018.

How much cash does New Fortress Energy have?

In the past 6 years, New Fortress Energy's cash and equivalents has ranged from $27.10 million in 2019 to $675.49 million in 2022, and is currently $492.88 million as of their latest financial filing in 2024.

How has New Fortress Energy's book value per share changed over the last 7 years?

Over the last 7 years, New Fortress Energy's book value per share changed from 0.00 in 2017 to 7.46 in 2024, a change of 746.3%.

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This page (NASDAQ:NFE) was last updated on 5/6/2025 by MarketBeat.com Staff

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