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% on a QoQ basis from 2.34% in Q4 2025.

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

New Fortress Energy (NFE) has 9 years of Tax Rate data on file, last reported at 8.55% in Q1 2026.

  • On a quarterly basis, Tax Rate rose 891.0% year-over-year to 8.55% in Q1 2026; TTM through Mar 2026 was 3.36%, a 1598.0% increase from a year earlier, with the FY2025 full-year figure at 3.46%, up 3689.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 8.55%, down from 2.34% in the prior quarter.
  • Over the last five years, Tax Rate for NFE reached as high as 28.94% in Q3 2023 and fell as low as 80.16% in Q2 2022.
  • Historically, Tax Rate has averaged 2.63% across 5 years, with a median of 1.94% in 2025.
  • Across the five-year window, Tax Rate sank 19246 bps in 2022 and surged 9167 bps in 2023, its largest moves.
  • Year by year, Tax Rate stood at 1.51% in 2022, then surged by 787 bps to 13.37% in 2023, then plunged by 261 bps to 21.59% in 2024, then jumped 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 DHT Holdings 2,706.13 Bn 2,706.00 Bn 167.16 Mn -0.08%
2 Flex LNG 1,674.16 Bn 1,673.77 Bn 61.79 Mn -0.12%
3 Kinder Morgan 112.74 Bn 113.82 Bn 3.07 Bn 23.33%
4 Enbridge 89.82 Bn 89.03 Bn 6.70 Bn 24.82%
5 Enterprise Products Partners 83.97 Bn 82.82 Bn - 1.45%
6 Tc Energy 72.76 Bn 73.95 Bn 1.36 Bn 10.04%
7 Energy Transfer 70.27 Bn 69.30 Bn 6.62 Bn 6.40%
8 Targa Resources 61.30 Bn 61.34 Bn 1.70 Bn 20.27%
9 Oneok 61.15 Bn 61.02 Bn 8.98 Bn 24.00%
10 New Fortress Energy 97.14 Mn 32.46 Mn -14.47 Mn -8.55%

Historic Data

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