New Fortress Energy (NFE) Operating Margin (2018 - 2026)
New Fortress Energy (NFE) reported Operating Margin of 121.68% for Q1 2026, down 11903.0% year-over-year from N/an in Q1 2025, and up 23.52% quarter-over-quarter from 159.11% in Q4 2025.
New Fortress Energy (NFE) Operating Margin (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has 9 years of Operating Margin data on file, last reported at 121.68% in Q1 2026.
- Operating Margin for Q1 2026 came in at 121.68%, down 11903.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 127.06% (down 15405.0% YoY), and the FY2025 annual result was 74.49%, down 10563.0% from the prior year.
- Operating Margin improved to 121.68% in Q1 2026 per NFE's latest filing, 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.
- A 5-year average of 79.68% and a median of 26.89% in 2022 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2024 and 2025: Operating Margin surged 136194 bps in 2024, then slumped 160195 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 55.83% in 2022, then soared by 45 bps to 80.9% in 2023, then surged by 1683 bps to 1442.84% in 2024, then plunged by 111 bps to 159.11% in 2025, then rose by 24 bps to 121.68% in 2026.
- Business Quant data shows NFE's Operating Margin at 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 | 88.33 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | 13.17% |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 29.91% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 10.74% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 39.96% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 20.68% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 14.85% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 68.07% |
| 10 | New Fortress Energy | 144.99 Mn | 80.32 Mn | 136.95 Mn | -121.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |