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| Date | Value |
|---|---|
| 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 |