New Fortress Energy (NFE) Operating Margin (2018 - 2026)

New Fortress Energy's (NFE) quarterly Operating Margin came in at 121.68% in Q1 2026, down 11903.0% year-on-year from N/an in Q1 2025, and up 23.52% sequentially from 159.11% in Q4 2025.

New Fortress Energy (NFE) Operating Margin (2018 - 2026) Analysis & Trends

New Fortress Energy's Operating Margin history runs 9 years deep, the most recent figure standing at 121.68% for Q1 2026.

  • In Q1 2026, Operating Margin fell 11903.0% year-over-year to 121.68%; the TTM figure through Mar 2026 stood at 127.06% (down 15405.0% YoY), while the FY2025 annual figure was 74.49%, down 10563.0% from the prior year.
  • Operating Margin came in at 121.68% for Q1 2026 at New Fortress Energy, up from 159.11% in the prior quarter.
  • Over five years, Operating Margin peaked at 1442.84% in Q4 2024 and troughed at 170.28% in Q2 2025.
  • The 5-year median for Operating Margin is 26.89% (2022), against an average of 79.68%.
  • The widest annual swing landed in 2024, when Operating Margin soared 136194 bps; it then tumbled 160195 bps in 2025.
  • A 5-year view of Operating Margin shows it stood at 55.83% in 2022, then jumped by 45 bps to 80.9% in 2023, then soared by 1683 bps to 1442.84% in 2024, then sank by 111 bps to 159.11% in 2025, then gained by 24 bps to 121.68% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 121.68% in Q1 2026, 159.11% in Q4 2025, and 37.39% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 14.43%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 29.91%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 13.17%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 10.74%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.68%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 39.96%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 14.85%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn 10.03%
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 25.03%
10 New Fortress Energy 102.85 Mn 38.18 Mn 136.95 Mn -121.68%

Historic Data

Download Data
DateValue
Mar 31, 2026 -121.68%
Dec 31, 2025 -159.11%
Sep 30, 2025 -37.39%
Jun 30, 2025 -170.28%
Mar 31, 2025 -2.65%
Dec 31, 2024 1,442.84%
Sep 30, 2024 17.82%
Jun 30, 2024 12.30%
Mar 31, 2024 30.38%
Dec 31, 2023 80.90%
Sep 30, 2023 35.54%
Jun 30, 2023 38.61%
Mar 31, 2023 46.14%
Dec 31, 2022 55.83%
Sep 30, 2022 25.51%
Jun 30, 2022 26.89%
Mar 31, 2022 32.95%
Dec 31, 2021 33.84%
Sep 30, 2021 17.70%
Jun 30, 2021 -5.47%