New Fortress Energy (NFE) Tax Rate (2018 - 2026)
New Fortress Energy (NFE) posted quarterly Tax Rate of 8.55% for Q1 2026, up 891.0% year-over-year from 0.86% in Q1 2025, and down 264.88% quarter-over-quarter from 2.34% in Q4 2025.
New Fortress Energy (NFE) Tax Rate (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Tax Rate for 9 consecutive years, with 8.55% the latest figure, recorded in 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 eased to 8.55% in Q1 2026 per NFE's latest filing, from 2.34% in the prior quarter.
- Across five years, Tax Rate topped out at 28.94% in Q3 2023 and bottomed at 80.16% in Q2 2022.
- Historically, Tax Rate has averaged 2.63% across 5 years, with a median of 1.94% in 2025.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 19246 bps — and 2023, when it jumped 9167 bps.
- New Fortress Energy's Tax Rate 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.
- Business Quant data shows NFE's Tax Rate at 8.55% in Q1 2026, 2.34% in Q4 2025, and 2.13% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 23.33% |
| 2 | Enbridge | 110.89 Bn | 109.40 Bn | 5.23 Bn | 21.97% |
| 3 | Enterprise Products Partners | 83.45 Bn | 82.54 Bn | - | 0.64% |
| 4 | Energy Transfer | 72.67 Bn | 71.64 Bn | 7.40 Bn | 7.12% |
| 5 | Tc Energy | 65.89 Bn | 58.33 Bn | 1.24 Bn | 5.85% |
| 6 | Oneok | 60.12 Bn | 59.96 Bn | 2.81 Bn | 23.62% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 0.18% |
| 8 | Targa Resources | 59.56 Bn | 59.43 Bn | 2.14 Bn | 22.61% |
| 9 | Cheniere Energy | 56.12 Bn | 54.86 Bn | 5.29 Bn | 9.13% |
| 10 | New Fortress Energy | 87.22 Mn | -412.92 Mn | 102.12 Mn | 2.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09% |
| Jun 30, 2026 | 2.09% |
| Jun 30, 2026 | 2.09% |
| 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% |