New Fortress Energy (NFE) Asset Utilization Ratio (2019 - 2026)
New Fortress Energy (NFE) posted quarterly Asset Utilization Ratio of 0.08 for Q1 2026, down 55.36% year-over-year from 0.17 in Q1 2025, and down 13.51% quarter-over-quarter from 0.09 in Q4 2025.
New Fortress Energy (NFE) Asset Utilization Ratio (2019 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Asset Utilization Ratio for 8 consecutive years, with 0.08 the latest figure, recorded in Q1 2026.
- In Q1 2026, Asset Utilization Ratio fell 55.36% year-over-year to 0.08; the TTM figure through Mar 2026 stood at 0.08 (down 55.36% YoY), while the FY2025 annual figure was 0.1, down 50.09% from the prior year.
- Asset Utilization Ratio eased to 0.08 in Q1 2026 per NFE's latest filing, from 0.09 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.29 in Q3 2022 and bottomed at 0.08 in Q1 2026.
- Historically, Asset Utilization Ratio has averaged 0.19 across 5 years, with a median of 0.19 in 2024.
- Annual changes were most pronounced in 2022 — Asset Utilization Ratio surged 264.49% — and 2026, when it slumped 55.36%.
- New Fortress Energy's Asset Utilization Ratio stood at 0.23 in 2022, then decreased by 13.41% to 0.2 in 2023, then decreased by 1.22% to 0.2 in 2024, then slumped by 55.03% to 0.09 in 2025, then fell by 13.51% to 0.08 in 2026.
- Business Quant data shows NFE's Asset Utilization Ratio at 0.08 in Q1 2026, 0.09 in Q4 2025, and 0.16 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 0.24 |
| 2 | Enbridge | 110.69 Bn | 109.19 Bn | 5.23 Bn | 0.36 |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.72 |
| 4 | Energy Transfer | 72.64 Bn | 71.61 Bn | 7.40 Bn | 0.58 |
| 5 | Tc Energy | 65.84 Bn | 58.29 Bn | 1.24 Bn | - |
| 6 | Mplx | 60.05 Bn | 59.02 Bn | 2.73 Bn | 0.31 |
| 7 | Oneok | 59.98 Bn | 59.82 Bn | 2.81 Bn | 0.58 |
| 8 | Targa Resources | 59.50 Bn | 59.37 Bn | 2.14 Bn | 0.60 |
| 9 | Cheniere Energy | 55.93 Bn | 54.68 Bn | 5.29 Bn | 0.45 |
| 10 | New Fortress Energy | 87.25 Mn | -412.89 Mn | 102.12 Mn | 0.12 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 0.12 |
| Mar 31, 2026 | 0.08 |
| Dec 31, 2025 | 0.09 |
| Sep 30, 2025 | 0.16 |
| Jun 30, 2025 | 0.17 |
| Mar 31, 2025 | 0.17 |
| Dec 31, 2024 | 0.20 |
| Sep 30, 2024 | 0.18 |
| Jun 30, 2024 | 0.19 |
| Mar 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.20 |
| Sep 30, 2023 | 0.17 |
| Jun 30, 2023 | 0.21 |
| Mar 31, 2023 | 0.24 |
| Dec 31, 2022 | 0.23 |
| Sep 30, 2022 | 0.29 |
| Jun 30, 2022 | 0.24 |
| Mar 31, 2022 | 0.17 |
| Dec 31, 2021 | 0.14 |
| Sep 30, 2021 | 0.08 |