New Fortress Energy Past Earnings Performance
Past criteria checks 4/6
New Fortress Energy has been growing earnings at an average annual rate of 63.3%, while the Oil and Gas industry saw earnings growing at 36.8% annually. Revenues have been growing at an average rate of 52.8% per year. New Fortress Energy's return on equity is 30.9%, and it has net margins of 22.7%.
Key information
63.3%
Earnings growth rate
64.5%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 52.8% |
| Return on equity | 30.9% |
| Net Margin | 22.7% |
| Next Earnings Update | 08 May 2024 |
Recent past performance updates
Recent updates
New Fortress Energy's Recent Contracts Could Enhance The Stock Price
Apr 04Earnings Beat: New Fortress Energy Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Mar 03
It's A Story Of Risk Vs Reward With New Fortress Energy Inc. (NASDAQ:NFE)
Feb 26If EPS Growth Is Important To You, New Fortress Energy (NASDAQ:NFE) Presents An Opportunity
Jan 03Are New Fortress Energy Inc. (NASDAQ:NFE) Investors Paying Above The Intrinsic Value?
Dec 08Here's Why New Fortress Energy (NASDAQ:NFE) Has Caught The Eye Of Investors
Aug 09Estimating The Intrinsic Value Of New Fortress Energy Inc. (NASDAQ:NFE)
May 19New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt
Apr 28New Fortress Energy Inc. (NASDAQ:NFE) Looks Just Right
Apr 07Here's Why We Think New Fortress Energy (NASDAQ:NFE) Is Well Worth Watching
Mar 20New Fortress Energy (NASDAQ:NFE) Takes On Some Risk With Its Use Of Debt
Nov 10New Fortress Energy goes ex-dividend on Tuesday
Sep 02New Fortress Energy: A Golden Decade May Lie Ahead
Aug 13Forecast: Analysts Think New Fortress Energy Inc.'s (NASDAQ:NFE) Business Prospects Have Improved Drastically
Aug 12New Fortress Energy Q2 2022 Earnings Preview
Aug 03Are Investors Undervaluing New Fortress Energy Inc. (NASDAQ:NFE) By 30%?
Jul 06Analysts Just Made A Major Revision To Their New Fortress Energy Inc. (NASDAQ:NFE) Revenue Forecasts
May 14We Think New Fortress Energy (NASDAQ:NFE) Is Taking Some Risk With Its Debt
May 09New Fortress: $2-$2.5 Billion In New Liquidity Could Make The Price Spike
May 03New Fortress Energy Inc. (NASDAQ:NFE) Shares Could Be 37% Below Their Intrinsic Value Estimate
Apr 04Robust Earnings May Not Tell The Whole Story For New Fortress Energy (NASDAQ:NFE)
Mar 08New Fortress To Generate At Least $1 Billion In Annual Free Cash Flow
Jan 24Does New Fortress Energy (NASDAQ:NFE) Have A Healthy Balance Sheet?
Jan 19Revenue & Expenses BreakdownBeta
How New Fortress Energy makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 2,413 | 548 | 336 | 0 |
| 30 Sep 23 | 2,201 | 395 | 339 | 0 |
| 30 Jun 23 | 2,419 | 395 | 337 | 0 |
| 31 Mar 23 | 2,442 | 106 | 328 | 0 |
| 31 Dec 22 | 2,368 | 194 | 327 | 0 |
| 30 Sep 22 | 2,471 | 281 | 322 | 0 |
| 30 Jun 22 | 2,043 | 210 | 285 | 0 |
| 31 Mar 22 | 1,682 | 373 | 268 | 0 |
| 31 Dec 21 | 1,323 | 97 | 243 | 0 |
| 30 Sep 21 | 820 | -54 | 199 | 0 |
| 30 Jun 21 | 652 | -80 | 182 | 0 |
| 31 Mar 21 | 523 | -212 | 166 | 0 |
| 31 Dec 20 | 452 | -182 | 120 | 0 |
| 30 Sep 20 | 376 | -190 | 145 | 0 |
| 30 Jun 20 | 289 | -160 | 148 | 0 |
| 31 Mar 20 | 234 | -29 | 142 | 0 |
| 31 Dec 19 | 189 | -34 | 153 | 0 |
| 30 Sep 19 | 151 | -61 | 144 | 0 |
| 30 Jun 19 | 130 | -68 | 117 | 0 |
| 31 Mar 19 | 117 | -81 | 100 | 0 |
| 31 Dec 18 | 112 | -78 | 62 | 0 |
| 30 Sep 18 | 106 | -56 | 53 | 0 |
| 31 Dec 17 | 97 | -32 | 34 | 0 |
| 31 Dec 16 | 21 | -33 | 18 | 0 |
Quality Earnings: NFE has a high level of non-cash earnings.
Growing Profit Margin: NFE's current net profit margins (22.7%) are higher than last year (8.2%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: NFE has become profitable over the past 5 years, growing earnings by 63.3% per year.
Accelerating Growth: NFE's earnings growth over the past year (181.7%) exceeds its 5-year average (63.3% per year).
Earnings vs Industry: NFE earnings growth over the past year (181.7%) exceeded the Oil and Gas industry -19.9%.
Return on Equity
High ROE: Whilst NFE's Return on Equity (30.87%) is high, this metric is skewed due to their high level of debt.