New Fortress Energy (NFE) Price to Earnings (2021 - 2024)
New Fortress Energy's Price to Earnings was 0.20 in Q3 2024, down 41.7% from 0.34 a year earlier and down 46.7% from the prior quarter.
Analysis
New Fortress Energy (NFE) Price to Earnings (2021 - 2024) Analysis & Trends
For FY2023, Price to Earnings at New Fortress Energy came in at 0.28, down 69.0% from FY2022.
- In earlier years, Price to Earnings was 0.91 in FY2022 (-11.5%) and 1.03 in FY2021.
- The Q3 2024 figure marks the lowest quarterly Price to Earnings in data going back to Q4 2021.
- Compared with a year earlier, Price to Earnings was higher in two of the last eight quarters, with an average decline of 17.1%.
- The best year-over-year quarter for Price to Earnings over five years was Q1 2023 (growth of 139.0%); the worst was Q1 2024 (a decline of 75.2%).
- Per Business Quant data, NFE's Price to Earnings in the three quarters before Q3 2024 was 0.37 (Q2 2024), 0.28 (Q1 2024) and 0.28 (Q4 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Enbridge | 100.40 Bn | 97.94 Bn | 4.84 Bn |
| 2 | Williams Companies | 86.28 Bn | 85.00 Bn | 2.54 Bn |
| 3 | Enterprise Products Partners | 78.15 Bn | 76.58 Bn | - |
| 4 | Energy Transfer | 70.55 Bn | 63.99 Bn | 7.40 Bn |
| 5 | Kinder Morgan | 69.13 Bn | 70.08 Bn | 3.07 Bn |
| 6 | Tc Energy | 61.50 Bn | 64.57 Bn | 2.81 Bn |
| 7 | Targa Resources | 60.39 Bn | 60.01 Bn | 2.14 Bn |
| 8 | Mplx | 57.19 Bn | 50.75 Bn | 2.91 Bn |
| 9 | Cheniere Energy | 55.74 Bn | 55.87 Bn | 5.29 Bn |
| 10 | New Fortress Energy | 37.53 Mn | -466.53 Mn | 102.12 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 0.20 |
| Jun 30, 2024 | 0.37 |
| Mar 31, 2024 | 0.28 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.34 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 1.13 |
| Dec 31, 2022 | 0.91 |
| Sep 30, 2022 | 0.65 |
| Jun 30, 2022 | 0.78 |
| Mar 31, 2022 | 0.47 |
| Dec 31, 2021 | 1.03 |
API Access
New Fortress Energy Price to Earnings 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=price-to-earnings&ticker=NFE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-earnings", "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=price-to-earnings&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();