New Fortress Energy (NFE) Asset Utilization Ratio (2019 - 2026)
New Fortress Energy's (NFE) Asset Utilization Ratio came in at 0.12 for Q2 2026, down 25.5% from 0.16 a year earlier and down 0.2% from the prior quarter.
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Analysis
New Fortress Energy (NFE) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
For FY2025, New Fortress Energy's Asset Utilization Ratio stood at 0.13, down 36.4% from FY2024.
- Annual Asset Utilization Ratio has declined for three consecutive years.
- In prior years, New Fortress Energy's Asset Utilization Ratio was 0.20 in FY2024 (-23.3%), 0.26 in FY2023 (-19.2%), 0.32 in FY2022 (+7.9%) and 0.30 in FY2021 (+1.1%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q2 2019.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last 13 quarters, with an average decline of 24.3% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q3 2022, with growth of 167.8%; the weakest was Q3 2021, with a decline of 52.8%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.12 (Q1 2026), 0.13 (Q4 2025) and 0.15 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 0.36 |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 0.72 |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 0.73 |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 0.24 |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 0.60 |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 0.31 |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 0.58 |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 0.45 |
| 10 | New Fortress Energy | 37.01 Mn | -467.04 Mn | 102.12 Mn | 0.12 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.12 |
| Dec 31, 2025 | 0.13 |
| Sep 30, 2025 | 0.15 |
| Jun 30, 2025 | 0.16 |
| Mar 31, 2025 | 0.16 |
| Dec 31, 2024 | 0.19 |
| Sep 30, 2024 | 0.21 |
| Jun 30, 2024 | 0.21 |
| Mar 31, 2024 | 0.23 |
| Dec 31, 2023 | 0.24 |
| Sep 30, 2023 | 0.23 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.31 |
| Dec 31, 2022 | 0.31 |
| Sep 30, 2022 | 0.34 |
| Jun 30, 2022 | 0.28 |
| Mar 31, 2022 | 0.24 |
| Dec 31, 2021 | 0.20 |
| Sep 30, 2021 | 0.13 |
API Access
New Fortress Energy Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "NFE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();