New Fortress Energy (NFE) Tax Rate (2018 - 2026)

New Fortress Energy's (NFE) quarterly Tax Rate came in at 8.55% in Q1 2026, up 891.0% year-on-year from 0.86% in Q1 2025, and down 264.88% sequentially from 2.34% in Q4 2025.

New Fortress Energy (NFE) Tax Rate (2018 - 2026) Analysis & Trends

New Fortress Energy's Tax Rate history runs 9 years deep, the most recent figure standing at 8.55% for Q1 2026.

  • In Q1 2026, Tax Rate rose 891.0% year-over-year to 8.55%; the TTM figure through Mar 2026 stood at 3.36% (up 1598.0% YoY), while the FY2025 annual figure was 3.46%, up 3689.0% from the prior year.
  • Tax Rate came in at 8.55% for Q1 2026 at New Fortress Energy, down from 2.34% in the prior quarter.
  • Over five years, Tax Rate peaked at 28.94% in Q3 2023 and troughed at 80.16% in Q2 2022.
  • The 5-year median for Tax Rate is 1.94% (2025), against an average of 2.63%.
  • The widest annual swing landed in 2022, when Tax Rate plunged 19246 bps; it then surged 9167 bps in 2023.
  • A 5-year view of Tax Rate shows it stood at 1.51% in 2022, then soared by 787 bps to 13.37% in 2023, then plunged by 261 bps to 21.59% in 2024, then surged by 89 bps to 2.34% in 2025, then slumped by 265 bps to 8.55% in 2026.
  • Per Business Quant data, the three most recent Tax Rate figures were 8.55% in Q1 2026, 2.34% in Q4 2025, and 2.13% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Enbridge 1,308.38 Bn 1,309.08 Bn 6.70 Bn 24.82%
2 Kinder Morgan 112.34 Bn 113.42 Bn 3.08 Bn 22.28%
3 Enterprise Products Partners 79.55 Bn 78.40 Bn - 1.45%
4 Energy Transfer 65.78 Bn 65.07 Bn 6.62 Bn 6.40%
5 Targa Resources 57.60 Bn 57.63 Bn 1.70 Bn 20.27%
6 Mplx 57.17 Bn 55.67 Bn 2.54 Bn 0.11%
7 Oneok 54.83 Bn 54.70 Bn 2.57 Bn 24.00%
8 Cheniere Energy Partners 29.50 Bn 29.22 Bn 838.00 Mn -
9 Venture Global 27.41 Bn 27.36 Bn 4.33 Bn 15.08%
10 New Fortress Energy 102.85 Mn 38.18 Mn 136.95 Mn -8.55%

Historic Data

Download Data
DateValue
Mar 31, 2026 -8.55%
Mar 31, 2026 -8.55%
Dec 31, 2025 -2.34%
Dec 31, 2025 -2.34%
Sep 30, 2025 -2.13%
Sep 30, 2025 -2.13%
Jun 30, 2025 -1.94%
Jun 30, 2025 -1.94%
Mar 31, 2025 -17.45%
Mar 31, 2025 -17.45%
Dec 31, 2024 -21.59%
Dec 31, 2024 -21.59%
Sep 30, 2024 24.04%
Sep 30, 2024 24.04%
Jun 30, 2024 -9.74%
Jun 30, 2024 -9.74%
Mar 31, 2024 27.90%
Mar 31, 2024 27.90%
Dec 31, 2023 13.37%
Dec 31, 2023 13.37%