New Fortress Energy (NFE) Gross Margin (2018 - 2026)
New Fortress Energy (NFE) posted Gross Margin of 32.68% for Q2 2026, up 1.13 percentage points from 31.55% a year earlier and up 20.66 percentage points from the prior quarter.
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Analysis
New Fortress Energy (NFE) Gross Margin (2018 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at New Fortress Energy was 35.43%, down 8.88 percentage points year-over-year; for FY2025, it came in at 38.92%, down 15.92 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +0.65 percentage points (FY2020 to FY2025).
- In prior years, New Fortress Energy's Gross Margin was 54.85% in FY2024 (-8.38 pp), 63.22% in FY2023 (+5.89 pp), 57.33% in FY2022 (+3.90 pp) and 53.43% in FY2021 (+15.15 pp).
- Quarterly Gross Margin has run from a low of 12.01% in Q1 2026 to a high of 75.13% in Q4 2022 over five years.
- On a year-over-year basis, Gross Margin increased in 1 of the last eight quarters, with an average year-over-year change of -13.49 percentage points.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2022, with a gain of 25.12 percentage points; the weakest was Q1 2025, with a drop of 30.80 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 12.01% (Q1 2026), 46.64% (Q4 2025) and 40.67% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 22.85% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 21.55% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 68.62% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 98.16% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 48.15% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 87.77% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.30% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 92.34% |
| 10 | New Fortress Energy | 37.01 Mn | -467.04 Mn | 102.12 Mn | 32.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 32.68% |
| Mar 31, 2026 | 12.01% |
| Dec 31, 2025 | 46.64% |
| Sep 30, 2025 | 40.67% |
| Jun 30, 2025 | 31.55% |
| Mar 31, 2025 | 35.98% |
| Dec 31, 2024 | 57.16% |
| Sep 30, 2024 | 42.78% |
| Jun 30, 2024 | 48.07% |
| Mar 31, 2024 | 66.78% |
| Dec 31, 2023 | 62.40% |
| Sep 30, 2023 | 62.70% |
| Jun 30, 2023 | 59.78% |
| Mar 31, 2023 | 68.07% |
| Dec 31, 2022 | 75.13% |
| Sep 30, 2022 | 46.19% |
| Jun 30, 2022 | 53.42% |
| Mar 31, 2022 | 58.76% |
| Dec 31, 2021 | 56.45% |
| Sep 30, 2021 | 55.55% |
API Access
New Fortress Energy Gross 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=gross-margin&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-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=gross-margin&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();