New Fortress Energy (NFE) Construction in Progress (2018 - 2026)
New Fortress Energy's Construction in Progress came in at $3.56 billion for Q2 2026, down 13.8% from $4.13 billion a year earlier and down 7.0% from the prior quarter.
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Analysis
New Fortress Energy (NFE) Construction in Progress (2018 - 2026) Analysis & Trends
At the end of FY2025, New Fortress Energy's Construction in Progress was $3.59 billion, up 1.9% from FY2024.
- Construction in Progress carries a five-year compound annual growth rate of 72.7% (FY2020 to FY2025).
- Going back by year, Construction in Progress was $3.53 billion in FY2024 (-34.0%), $5.34 billion in FY2023 (+120.9%), $2.42 billion in FY2022 (+131.7%) and $1.04 billion in FY2021 (+346.0%).
- The Q2 2026 figure represents the lowest quarterly Construction in Progress since Q4 2024.
- Year-over-year, Construction in Progress increased in two of the last eight quarters, with an average decline of 13.4%.
- The fastest year-over-year change in Construction in Progress over five years came in Q3 2021 (growth of 372.5%), and the weakest in Q3 2025 (a decline of 39.1%).
- Business Quant data shows NFE's Construction in Progress at $3.82 billion (Q1 2026), $3.59 billion (Q4 2025) and $4.3 billion (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Construction in Progress (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | - |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 2.15 Bn |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | - |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | - |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | - |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | - |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | - |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | - |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | - |
| 10 | New Fortress Energy | 37.01 Mn | -467.04 Mn | 102.12 Mn | 3.56 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.56 Bn |
| 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 |
API Access
New Fortress Energy Construction in Progress 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=construction-in-progress&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "construction-in-progress", "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=construction-in-progress&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();