New Fortress Energy (NFE) Tax Rate (2018 - 2026)
New Fortress Energy's (NFE) quarterly Tax Rate came in at 2.09% in Q2 2026, up 403.0% year-over-year from 0.42% in Q2 2025, and up 124.46% quarter-over-quarter from 8.55% in Q1 2026.
Analysis
New Fortress Energy (NFE) Tax Rate (2018 - 2026) Analysis & Trends
New Fortress Energy (NFE) has reported Tax Rate for 9 consecutive years, with 2.09% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate rose 403.0% year-over-year to 2.09% in Q2 2026; TTM through Jun 2026 was 2.64%, a 665.0% increase from a year earlier, with the FY2025 full-year figure at 3.46%, up 3689.0% from the prior year.
- Tax Rate was 2.09% for Q2 2026 at New Fortress Energy, up from 8.55% in the prior quarter.
- Over five years, Tax Rate peaked at 28.94% in Q3 2023 and troughed at 80.16% in Q2 2022.
- A 5-year average of 2.36% and a median of 0.22% in 2025 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 19246 bps in 2022 and soared 9167 bps in 2023, its largest moves.
- Over 5 years, Tax Rate stood at 1.51% in 2022, then jumped by 787 bps to 13.37% in 2023, then plunged by 261 bps to 21.59% in 2024, then soared by 89 bps to 2.34% in 2025, then surged by 189 bps to 2.09% in 2026.
- The last three Tax Rate figures came in at 2.09% (Q2 2026), 8.55% (Q1 2026), and 2.34% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Cheniere Energy | 60.31 Bn | 64.35 Bn | 5.29 Bn | 9.13% |
| 2 | Venture Global | 35.87 Bn | 36.16 Bn | 2.92 Bn | 19.17% |
| 3 | Cheniere Energy Partners | 33.13 Bn | 32.69 Bn | 1.82 Bn | - |
| 4 | Golar Lng | 5.28 Bn | 2.58 Bn | 88.31 Mn | -3.00% |
| 5 | Excelerate Energy | 4.69 Bn | 5.90 Bn | 273.19 Mn | -10.60% |
| 6 | NextDecade | 1.95 Bn | 4.32 Bn | - | - |
| 7 | Stabilis Solutions | 111.39 Mn | 97.07 Mn | 2.35 Mn | -3.12% |
| 8 | New Fortress Energy | 77.11 Mn | -301.82 Mn | 102.12 Mn | 2.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.09% |
| Mar 31, 2026 | -8.55% |
| Dec 31, 2025 | -2.34% |
| Sep 30, 2025 | -2.13% |
| Jun 30, 2025 | -1.94% |
| Mar 31, 2025 | -17.45% |
| Dec 31, 2024 | -21.59% |
| Sep 30, 2024 | 24.04% |
| Jun 30, 2024 | -9.74% |
| Mar 31, 2024 | 27.90% |
| Dec 31, 2023 | 13.37% |
| Sep 30, 2023 | 28.94% |
| Jun 30, 2023 | 11.51% |
| Mar 31, 2023 | 16.98% |
| Dec 31, 2022 | 1.51% |
| Sep 30, 2022 | 10.18% |
| Jun 30, 2022 | -80.16% |
| Mar 31, 2022 | -35.17% |
| Dec 31, 2021 | 3.26% |
| Sep 30, 2021 | 202.64% |