New Fortress Energy (NFE) Return on Assets [ROA] (2019 - 2026)
New Fortress Energy (NFE) posted Return on Assets [ROA] of -17.83% for Q2 2026, down 10.38 percentage points from -7.46% a year earlier but up 1.80 percentage points from the prior quarter.
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Analysis
New Fortress Energy (NFE) Return on Assets [ROA] (2019 - 2026) Analysis & Trends
For FY2025, New Fortress Energy's Return on Assets [ROA] came in at -15.61%, down 13.52 percentage points from FY2024.
- Annual Return on Assets [ROA] shows a five-year change of +1.81 percentage points (FY2020 to FY2025).
- In prior years, New Fortress Energy's Return on Assets [ROA] was -2.09% in FY2024 (-8.11 pp), 6.02% in FY2023 (+3.48 pp), 2.53% in FY2022 (+0.42 pp) and 2.11% in FY2021 (+19.52 pp).
- Quarterly Return on Assets [ROA] has run from a low of -19.64% in Q1 2026 to a high of 5.40% in Q4 2023 over five years.
- On a year-over-year basis, Return on Assets [ROA] has declined in each of the last nine quarters, with an average year-over-year change of -9.98 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Assets [ROA] in the past five years was Q3 2021, with a gain of 20.49 percentage points; the weakest was Q1 2026, with a drop of 16.01 percentage points.
- According to Business Quant data, Return on Assets [ROA] for the three prior quarters was -19.64% (Q1 2026), -16.25% (Q4 2025) and -10.07% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 103.01 Bn | 98.61 Bn | 4.84 Bn | 2.80% |
| 2 | Williams Companies | 81.01 Bn | 78.04 Bn | 2.59 Bn | 5.80% |
| 3 | Enterprise Products Partners | 79.73 Bn | 78.09 Bn | - | 8.04% |
| 4 | Kinder Morgan | 67.58 Bn | 66.44 Bn | 2.97 Bn | 4.96% |
| 5 | Energy Transfer | 65.33 Bn | 61.16 Bn | 6.57 Bn | 5.08% |
| 6 | Tc Energy | 65.07 Bn | 61.83 Bn | - | - |
| 7 | Cheniere Energy | 59.00 Bn | 53.15 Bn | 2.97 Bn | 9.60% |
| 8 | Targa Resources | 57.86 Bn | 57.32 Bn | 2.02 Bn | 8.58% |
| 9 | Mplx | 57.15 Bn | 51.18 Bn | 3.19 Bn | 10.07% |
| 10 | New Fortress Energy | 27.36 Mn | -597.91 Mn | 102.12 Mn | -17.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -17.83% |
| Mar 31, 2026 | -19.64% |
| Dec 31, 2025 | -16.25% |
| Sep 30, 2025 | -10.07% |
| Jun 30, 2025 | -7.46% |
| Mar 31, 2025 | -3.63% |
| Dec 31, 2024 | -1.96% |
| Sep 30, 2024 | 1.66% |
| Jun 30, 2024 | 2.21% |
| Mar 31, 2024 | 4.19% |
| Dec 31, 2023 | 5.40% |
| Sep 30, 2023 | 4.22% |
| Jun 30, 2023 | 4.54% |
| Mar 31, 2023 | 1.19% |
| Dec 31, 2022 | 2.44% |
| Sep 30, 2022 | 3.68% |
| Jun 30, 2022 | 2.69% |
| Mar 31, 2022 | 5.24% |
| Dec 31, 2021 | 1.37% |
| Sep 30, 2021 | -0.91% |
API Access
New Fortress Energy Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=NFE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=NFE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();