Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
NFE · Nasdaq · United States · Natural Gas Distribution
In shortNew Fortress Energy Inc. is loss-making, burns cash and carries heavy debt, with revenue shrinking (−36.2% last year).
Financial health
Weak
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | -74.5% | 0/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | -122.7% | 0/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | -179.1% | 0/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | -10.6% | 0/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.15× | 0/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 44.78× | 0/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | – | n/a |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | -1.44× | 0/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | -5.76 | 0/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -82.1% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | – | n/a |
| Years with positive free cash flow (last 5) | 0 of 5 | 0/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 5 | 60/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 5 | 33/100 |
| Revenue growth volatility | 91.8% | 0/100 |
| Operating margin volatility | 46.4% | 0/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | -14.0% | 0/100 |
|---|---|---|
| EPS growth, 3-year average | – | n/a |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
Annual figures as reported. Hover a bar or point for the exact value.
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
USD millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 1,323 | 2,368 | 2,391 | 2,359 | 1,504 |
| Cost of revenue | 616 | 1,010 | 879 | 1,065 | 919 |
| Gross profit | 707 | 1,358 | 1,511 | 1,294 | 585 |
| Selling, general & admin | 200 | 236 | 203 | 293 | 307 |
| Operating income | 239 | 737 | 936 | 528 | (1,120) |
| Interest expense | 154 | 237 | 278 | 316 | 778 |
| Pre-tax income | 105 | 61 | 651 | (174) | (1,771) |
| Income tax | 12 | (123) | 103 | 70 | 61 |
| Net income | 97 | 194 | 548 | (272) | (1,845) |
| Diluted EPS | $0.47 | $0.93 | $2.65 | −$1.26 | −$6.63 |
| Diluted shares (millions) | 202 | 210 | 206 | 219 | 278 |
4 older years available with the 10-year history. Essential plan, from €8.25/month →
The last 8 reported quarters (10-Q and 10-K filings), in USD millions. The fourth quarter is derived from the annual report.
The last 8 quarters of New Fortress Energy Inc. are included in the Investor plan. Try free for 7 days →
−5.76 Distress zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
2/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: SEC EDGAR. Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Jun 30, 2026 · Data updated Aug 6, 2026