New Fortress Energy (NFE) Construction in Progress (2018 - 2026)
New Fortress Energy's (NFE) quarterly Construction in Progress came in at $3.8 billion in Q1 2026, down 2.79% year-on-year from $3.9 billion in Q1 2025, and up 6.4% on a QoQ basis from $3.6 billion in Q4 2025.
New Fortress Energy (NFE) Construction in Progress (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Construction in Progress data on file, last reported at $3.8 billion in Q1 2026.
- On a quarterly basis, Construction in Progress fell 2.79% year-over-year to $3.8 billion in Q1 2026; TTM through Mar 2026 was $3.8 billion, a 2.79% decrease from a year earlier, with the FY2025 full-year figure at $3.6 billion, up 1.9% from the prior year.
- Construction in Progress for Q1 2026 stood at $3.8 billion, up from $3.6 billion in the prior quarter.
- Over the last five years, Construction in Progress for NFE reached as high as $7.1 billion in Q3 2024 and fell as low as $1.2 billion in Q1 2022.
- Historically, Construction in Progress has averaged $4.0 billion across 5 years, with a median of $3.9 billion in 2025.
- Across the five-year window, Construction in Progress jumped 266.7% in 2022 and tumbled 39.09% in 2025, its largest moves.
- Year by year, Construction in Progress stood at $2.4 billion in 2022, then soared by 120.89% to $5.3 billion in 2023, then sank by 33.98% to $3.5 billion in 2024, then increased by 1.9% to $3.6 billion in 2025, then grew by 6.4% to $3.8 billion in 2026.
- Per Business Quant data, the three most recent Construction in Progress figures were $3.8 billion in Q1 2026, $3.6 billion in Q4 2025, and $4.3 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 55.68 Mn |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | - |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | - |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | - |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 2.64 Bn |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 58.08 Mn |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | - |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | - |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | - |
| 10 | New Fortress Energy | 97.14 Mn | 32.46 Mn | -14.47 Mn | 3.82 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 3.82 Bn |
| Dec 31, 2025 | 3.59 Bn |
| Sep 30, 2025 | 4.30 Bn |
| Jun 30, 2025 | 4.13 Bn |
| Mar 31, 2025 | 3.93 Bn |
| Dec 31, 2024 | 3.53 Bn |
| Sep 30, 2024 | 7.06 Bn |
| Jun 30, 2024 | 6.31 Bn |
| Mar 31, 2024 | 5.78 Bn |
| Dec 31, 2023 | 5.34 Bn |
| Sep 30, 2023 | 4.79 Bn |
| Jun 30, 2023 | 4.59 Bn |
| Mar 31, 2023 | 3.36 Bn |
| Dec 31, 2022 | 2.42 Bn |
| Sep 30, 2022 | 1.84 Bn |
| Jun 30, 2022 | 1.40 Bn |
| Mar 31, 2022 | 1.24 Bn |
| Dec 31, 2021 | 1.04 Bn |
| Sep 30, 2021 | 973.88 Mn |
| Jun 30, 2021 | 692.75 Mn |