New Fortress Energy (NFE) Current Taxes (2018 - 2021)

New Fortress Energy (NFE) posted quarterly Current Taxes of $9.1 million for Q4 2021, up 1.2% year-over-year from $9.0 million in Q4 2020, and up 31.52% quarter-over-quarter from $6.9 million in Q3 2021.

New Fortress Energy (NFE) Current Taxes (2018 - 2021) Analysis & Trends

New Fortress Energy (NFE) has reported Current Taxes for 4 consecutive years, with $9.1 million the latest figure, recorded in Q4 2021.

  • In Q4 2021, Current Taxes rose 1.2% year-over-year to $9.1 million; the TTM figure through Dec 2021 stood at $9.1 million (up 1.2% YoY), while the FY2021 annual figure was $9.1 million, up 1.2% from the prior year.
  • Current Taxes improved to $9.1 million in Q4 2021 per NFE's latest filing, from $6.9 million in the prior quarter.
  • Across five years, Current Taxes topped out at $10.9 million in Q1 2021 and bottomed at $4.5 million in Q4 2018.
  • Historically, Current Taxes has averaged $7.8 million across 4 years, with a median of $7.6 million in 2019.
  • Annual changes were most pronounced in 2019 — Current Taxes soared 128.79% — and 2021, when it slipped 25.05%.
  • New Fortress Energy's Current Taxes stood at $4.5 million in 2018, then jumped by 128.79% to $10.3 million in 2019, then declined by 12.41% to $9.0 million in 2020, then gained by 1.2% to $9.1 million in 2021.
  • Business Quant data shows NFE's Current Taxes at $9.1 million in Q4 2021, $6.9 million in Q3 2021, and $6.1 million in Q2 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Current Taxes (Qtr)
1 Kinder Morgan 112.69 Bn 112.57 Bn 3.07 Bn 216.00 Mn
2 Enbridge 110.69 Bn 109.19 Bn 5.23 Bn -
3 Enterprise Products Partners 83.45 Bn 82.54 Bn - -
4 Energy Transfer 72.64 Bn 71.61 Bn 7.40 Bn -
5 Tc Energy 65.84 Bn 58.29 Bn 1.24 Bn -
6 Mplx 60.05 Bn 59.02 Bn 2.73 Bn -
7 Oneok 59.98 Bn 59.82 Bn 2.81 Bn -
8 Targa Resources 59.50 Bn 59.37 Bn 2.14 Bn -
9 Cheniere Energy 55.93 Bn 54.68 Bn 5.29 Bn -
10 New Fortress Energy 87.25 Mn -412.89 Mn 102.12 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2021 9.09 Mn
Sep 30, 2021 6.91 Mn
Jun 30, 2021 6.06 Mn
Mar 31, 2021 10.86 Mn
Dec 31, 2020 8.98 Mn
Sep 30, 2020 9.22 Mn
Jun 30, 2020 6.59 Mn
Mar 31, 2020 7.38 Mn
Dec 31, 2019 10.25 Mn
Sep 30, 2019 7.86 Mn
Jun 30, 2019 6.33 Mn
Mar 31, 2019 7.60 Mn
Dec 31, 2018 4.48 Mn