New Fortress Energy (NFE) Net Income Attributable to Noncontrolling Interests (2018 - 2024)
New Fortress Energy (NFE) reported Net Income Attributable to Noncontrolling Interests of $2.01 million for Q3 2024, up 80.3% from $1.12 million a year earlier and up 1.0% from the prior quarter.
New Fortress Energy (NFE) Net Income Attributable to Noncontrolling Interests (2018 - 2024) Analysis & Trends
Over the twelve months ended Sep 30, 2024, New Fortress Energy's Net Income Attributable to Noncontrolling Interests came in at $4.26 million, down 14.9% year-over-year; for FY2023, it came in at $994,000.
- By year, Net Income Attributable to Noncontrolling Interests came in at -$9.69 million in FY2022, -$4.39 million in FY2021, -$81.82 million in FY2020 and -$170.51 million in FY2019.
- Five-year quarterly Net Income Attributable to Noncontrolling Interests spans a low of -$51.76 million in Q1 2020 and a high of $4.31 million in Q2 2021.
- Year over year, Net Income Attributable to Noncontrolling Interests has now increased in each of the last three quarters, with growth averaging 69.0% over the last five quarters.
- Per Business Quant data, the three quarters before Q3 2024 came in at $1.99 million (Q2 2024), $2.59 million (Q1 2024) and -$2.34 million (Q4 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCI Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.53 Bn | 99.13 Bn | 4.84 Bn | - |
| 2 | Williams Companies | 82.50 Bn | 79.53 Bn | 2.59 Bn | - |
| 3 | Enterprise Products Partners | 79.39 Bn | 77.75 Bn | - | - |
| 4 | Kinder Morgan | 68.14 Bn | 66.99 Bn | 2.97 Bn | 26.00 Mn |
| 5 | Energy Transfer | 65.55 Bn | 61.38 Bn | 6.57 Bn | - |
| 6 | Tc Energy | 65.45 Bn | 62.21 Bn | - | 117.15 Mn |
| 7 | Cheniere Energy | 59.68 Bn | 53.83 Bn | 2.97 Bn | 316.00 Mn |
| 8 | Targa Resources | 58.63 Bn | 58.09 Bn | 2.02 Bn | 17.90 Mn |
| 9 | Mplx | 57.55 Bn | 51.58 Bn | 3.19 Bn | 10.00 Mn |
| 10 | New Fortress Energy | 23.19 Mn | -602.08 Mn | 102.12 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 2.01 Mn |
| Jun 30, 2024 | 1.99 Mn |
| Mar 31, 2024 | 2.59 Mn |
| Dec 31, 2023 | -2.34 Mn |
| Sep 30, 2023 | 1.12 Mn |
| Jun 30, 2023 | 852,000.00 |
| Mar 31, 2023 | 1.36 Mn |
| Dec 31, 2022 | 1.68 Mn |
| Sep 30, 2022 | -5.62 Mn |
| Jun 30, 2022 | -8.67 Mn |
| Mar 31, 2022 | 2.91 Mn |
| Dec 31, 2021 | 866,000.00 |
| Sep 30, 2021 | -7.96 Mn |
| Jun 30, 2021 | 4.31 Mn |
| Mar 31, 2021 | -1.61 Mn |
| Dec 31, 2020 | -655,000.00 |
| Sep 30, 2020 | -312,000.00 |
| Jun 30, 2020 | -29.09 Mn |
| Mar 31, 2020 | -51.76 Mn |
| Dec 31, 2019 | -31.03 Mn |
New Fortress Energy Net Income Attributable to Noncontrolling Interests 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=income-from-non-controlling-interests&ticker=NFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-from-non-controlling-interests", "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=income-from-non-controlling-interests&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();