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| Date | Value |
|---|---|
| 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% |