New Fortress Energy Inc. (NFEGP) Return on Invested Capital [ROIC] (2019 - 2026)
New Fortress Energy's Return on Invested Capital [ROIC] came in at -13.23% for Q2 2026, down 12.36 percentage points from -0.87% a year earlier but up 2.72 percentage points from the prior quarter.
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New Fortress Energy Inc. (NFEGP) Return on Invested Capital [ROIC] (2019 - 2026) Analysis & Trends
For FY2025, New Fortress Energy's Return on Invested Capital [ROIC] was -11.56%, down 16.98 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, though with a five-year change of +0.30 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 5.43% in FY2024 (-5.36 pp), 10.79% in FY2023 (-1.68 pp), 12.46% in FY2022 (+6.94 pp) and 5.52% in FY2021 (+17.38 pp).
- The five-year range for quarterly Return on Invested Capital [ROIC] is -15.95% (Q1 2026) to 13.24% (Q1 2023).
- Year-over-year, Return on Invested Capital [ROIC] has declined for 12 consecutive quarters, with an average year-over-year change of -9.68 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q3 2021 (a gain of 19.90 percentage points), and the weakest in Q1 2026 (a drop of 18.96 percentage points).
- Business Quant data shows NFEGP's Return on Invested Capital [ROIC] at -15.95% (Q1 2026), -12.05% (Q4 2025) and -2.57% (Q3 2025) in the three quarters before Q2 2026.
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Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -13.23% |
| Mar 31, 2026 | -15.95% |
| Dec 31, 2025 | -12.05% |
| Sep 30, 2025 | -2.57% |
| Jun 30, 2025 | -0.87% |
| Mar 31, 2025 | 3.01% |
| Dec 31, 2024 | 5.13% |
| Sep 30, 2024 | 4.99% |
| Jun 30, 2024 | 5.72% |
| Mar 31, 2024 | 8.11% |
| Dec 31, 2023 | 9.62% |
| Sep 30, 2023 | 10.19% |
| Jun 30, 2023 | 11.84% |
| Mar 31, 2023 | 13.24% |
| Dec 31, 2022 | 11.85% |
| Sep 30, 2022 | 11.14% |
| Jun 30, 2022 | 9.19% |
| Mar 31, 2022 | 7.07% |
| Dec 31, 2021 | 3.56% |
| Sep 30, 2021 | 0.66% |
API Access
New Fortress Energy Inc. Return on Invested Capital [ROIC] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=NFEGP&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "ticker": "NFEGP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=return-on-invested-capital-%5Broic%5D&ticker=NFEGP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();