New Fortress Energy NFE
NASDAQ NFE
$4.02 -0.47 (-10.47%)
At close: Nov 9, 2026 · 4:00 PM EST

New Fortress Energy (NFE) Price to Earnings (2021 - 2024)

Updated

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 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
5 Energy Transfer 65.55 Bn 61.38 Bn 6.57 Bn
6 Tc Energy 65.45 Bn 62.21 Bn -
7 Cheniere Energy 59.68 Bn 53.83 Bn 2.97 Bn
8 Targa Resources 58.63 Bn 58.09 Bn 2.02 Bn
9 Mplx 57.55 Bn 51.58 Bn 3.19 Bn
10 New Fortress Energy 23.19 Mn -602.08 Mn 102.12 Mn
Historic Data

Historic Data

Download Data
DateValue
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