New Fortress Energy (NFE) Current Taxes (2018 - 2021)
New Fortress Energy's (NFE) quarterly Current Taxes came in at $8.9 million in Q4 2021, down 1.1% year-on-year from $9.0 million in Q4 2020, and up 28.52% sequentially from $6.9 million in Q3 2021.
New Fortress Energy (NFE) Current Taxes (2018 - 2021) Analysis & Trends
New Fortress Energy's Current Taxes history runs 4 years deep, the most recent figure standing at $8.9 million for Q4 2021.
- In Q4 2021, Current Taxes fell 1.1% year-over-year to $8.9 million; the TTM figure through Dec 2021 stood at $8.9 million (down 1.1% YoY), while the FY2021 annual figure was $8.9 million, down 1.1% from the prior year.
- Current Taxes came in at $8.9 million for Q4 2021 at New Fortress Energy, up from $6.9 million in the prior quarter.
- Over five years, Current Taxes peaked at $10.9 million in Q1 2021 and troughed at $4.5 million in Q4 2018.
- The 4-year median for Current Taxes is $7.6 million (2019), against an average of $7.8 million.
- The widest annual swing landed in 2019, when Current Taxes jumped 128.79%; it then dropped 25.05% in 2021.
- A 4-year view of Current Taxes shows it 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 fell by 1.1% to $8.9 million in 2021.
- Per Business Quant data, the three most recent Current Taxes figures were $8.9 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 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | - |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 198.00 Mn |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | - |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | - |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | - |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | - |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | - |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | - |
| 10 | New Fortress Energy | 102.85 Mn | 38.18 Mn | 136.95 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2021 | 8.88 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 |