New Fortress Energy (NFE) Capital Expenditures (2018 - 2026)
New Fortress Energy (NFE) recorded Capital Expenditures of $161.35 million in Q2 2026, down 41.4% from $275.36 million a year earlier but up 12.8% from the prior quarter.
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Analysis
New Fortress Energy (NFE) Capital Expenditures (2018 - 2026) Analysis & Trends
On a TTM basis, New Fortress Energy's Capital Expenditures came in at $913.79 million as of Jun 30, 2026, down 57.8% year-over-year; for FY2025, it was $993.4 million, down 56.6% from FY2024.
- Annual Capital Expenditures has a five-year compound annual growth rate of 44.6% (FY2020 to FY2025).
- Across earlier years, Capital Expenditures came in at $2.29 billion in FY2024 (-33.9%), $3.46 billion in FY2023 (+129.4%), $1.51 billion in FY2022 (+125.6%) and $669.35 million in FY2021 (+326.3%).
- Quarterly Capital Expenditures has ranged from $143.1 million in Q1 2026 to $1.32 billion in Q2 2023 over the past five years.
- On a year-over-year basis, Capital Expenditures has declined for six consecutive quarters, with an average decline of 31.8% over the last eight quarters.
- Peak year-over-year performance for Capital Expenditures in the last five years was growth of 856.1% in Q3 2021, against a decline of 72.4% in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at $143.1 million (Q1 2026), $401.2 million (Q4 2025) and $208.14 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 104.84 Bn | 100.44 Bn | 4.84 Bn | 2.15 Bn |
| 2 | Williams Companies | 89.20 Bn | 87.92 Bn | 2.54 Bn | 1.83 Bn |
| 3 | Enterprise Products Partners | 79.12 Bn | 77.51 Bn | - | 1.16 Bn |
| 4 | Kinder Morgan | 75.45 Bn | 75.15 Bn | 3.07 Bn | 982.00 Mn |
| 5 | Energy Transfer | 69.26 Bn | 62.44 Bn | 7.40 Bn | 1.56 Bn |
| 6 | Tc Energy | 64.74 Bn | 60.82 Bn | 2.81 Bn | -773.53 Mn |
| 7 | Targa Resources | 63.52 Bn | 63.00 Bn | 2.14 Bn | 1.01 Bn |
| 8 | Cheniere Energy | 59.48 Bn | 54.30 Bn | 5.29 Bn | 1.18 Bn |
| 9 | Mplx | 59.26 Bn | 52.82 Bn | 2.91 Bn | 825.00 Mn |
| 10 | New Fortress Energy | 21.53 Mn | -603.74 Mn | 102.12 Mn | 161.35 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 161.35 Mn |
| Mar 31, 2026 | 186.67 Mn |
| Dec 31, 2025 | 1.05 Bn |
| Sep 30, 2025 | 208.14 Mn |
| Jun 30, 2025 | 275.36 Mn |
| Mar 31, 2025 | 579.24 Mn |
| Dec 31, 2024 | 2.94 Bn |
| Sep 30, 2024 | 753.01 Mn |
| Jun 30, 2024 | 646.56 Mn |
| Mar 31, 2024 | 520.93 Mn |
| Dec 31, 2023 | 1.28 Bn |
| Sep 30, 2023 | 662.72 Mn |
| Jun 30, 2023 | 1.32 Bn |
| Mar 31, 2023 | 1.50 Bn |
| Dec 31, 2022 | 1.90 Bn |
| Sep 30, 2022 | 345.46 Mn |
| Jun 30, 2022 | 252.49 Mn |
| Mar 31, 2022 | 189.22 Mn |
| Dec 31, 2021 | 238.80 Mn |
| Sep 30, 2021 | 195.23 Mn |
API Access
New Fortress Energy Capital Expenditures 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=capital-expenditures&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-expenditures", "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=capital-expenditures&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();