New Fortress Energy (NFE) FCF Margin (2018 - 2026)
New Fortress Energy (NFE) posted FCF Margin of -102.62% for Q2 2026, up 96.10 percentage points from -198.72% a year earlier and up 32.02 percentage points from the prior quarter.
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Analysis
New Fortress Energy (NFE) FCF Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, FCF Margin at New Fortress Energy was -168.38%, up 52.32 percentage points year-over-year; for FY2025, it came in at -148.11%, up 13.72 percentage points from FY2024.
- Annual FCF Margin shows a five-year change of -85.55 percentage points (FY2020 to FY2025).
- In prior years, New Fortress Energy's FCF Margin was -161.83% in FY2024 (+70.94 pp), -232.77% in FY2023 (-134.43 pp), -98.34% in FY2022 (-54.15 pp) and -44.19% in FY2021 (+18.37 pp).
- The Q2 2026 figure stands as the highest quarterly FCF Margin since Q1 2024.
- On a year-over-year basis, FCF Margin increased in three of the last eight quarters, with an average year-over-year change of -23.38 percentage points.
- The strongest year-over-year quarter for FCF Margin in the past five years was Q4 2023, with a gain of 163.09 percentage points; the weakest was Q4 2022, with a drop of 296.64 percentage points.
- According to Business Quant data, FCF Margin for the three prior quarters was -134.64% (Q1 2026), -285.08% (Q4 2025) and -114.24% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | 3.87% |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | -30.53% |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | 6.28% |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 12.03% |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | 5.76% |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | - |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 28.09% |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 2.15% |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 18.92% |
| 10 | New Fortress Energy | 23.19 Mn | -602.08 Mn | 102.12 Mn | -102.62% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -102.62% |
| Mar 31, 2026 | -134.64% |
| Dec 31, 2025 | -285.08% |
| Sep 30, 2025 | -114.24% |
| Jun 30, 2025 | -198.72% |
| Mar 31, 2025 | -124.18% |
| Dec 31, 2024 | -369.02% |
| Sep 30, 2024 | -135.97% |
| Jun 30, 2024 | -124.70% |
| Mar 31, 2024 | -66.76% |
| Dec 31, 2023 | -135.76% |
| Sep 30, 2023 | -122.34% |
| Jun 30, 2023 | -180.47% |
| Mar 31, 2023 | -223.60% |
| Dec 31, 2022 | -298.85% |
| Sep 30, 2022 | -58.10% |
| Jun 30, 2022 | -33.50% |
| Mar 31, 2022 | -14.82% |
| Dec 31, 2021 | -2.21% |
| Sep 30, 2021 | -73.38% |
API Access
New Fortress Energy FCF Margin 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=fcf-margin&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();