New Fortress Energy Inc. (NFE) Financial Ratios
10 years of historical data (2016–2025) · Utilities · Regulated Gas
EV/EBITDA
↑
116.14
↑+204% vs avg
5yr avg: 38.14
30Y Low13.3·High26.1
P/FCF
N/A
—
5yr avg: N/A
P/B Ratio
↓
0.37
↓-88% vs avg
5yr avg: 3.14
30Y Low1.0·High15.2
ROE
↓
-159.7%
↑-569% vs avg
5yr avg: -23.9%
30Y Low-160%·High34%
Debt/EBITDA
↑
119.48
↑+280% vs avg
5yr avg: 31.47
30Y Low5.6·High13.5
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
NFE Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
New Fortress Energy Inc. currently has a negative P/E ratio, indicating the company is operating at a loss on a trailing-twelve-month basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $117M | $317M | $3.3B | $7.8B | $8.9B | $4.9B | $5.7B | $981M | — | — | — |
| Enterprise Value | $8.3B | $8.5B | $12.3B | $15.0B | $13.1B | $8.8B | $6.5B | $1.6B | — | — | — |
| P/E Ratio → | -0.06 | — | — | 14.24 | 45.61 | 50.29 | — | — | — | — | — |
| P/S Ratio | 0.08 | 0.21 | 1.40 | 3.23 | 3.76 | 3.68 | 12.66 | 5.19 | — | — | — |
| P/B Ratio | 0.37 | 1.03 | 1.65 | 4.38 | 6.17 | 2.44 | 15.24 | 2.53 | — | — | — |
| P/FCF | — | — | — | — | — | — | — | — | — | — | — |
| P/OCF | — | — | 5.63 | 9.45 | 25.07 | 57.44 | — | — | — | — | — |
P/E links to full P/E history page with 30-year chart
NFE EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
New Fortress Energy Inc.'s enterprise value stands at 116.1x EBITDA, 204% above its 5-year average of 38.1x. The Utilities sector median is 11.9x, placing the stock at a 878% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 5.67 | 5.21 | 6.22 | 5.54 | 6.67 | 14.33 | 8.32 | — | — | — |
| EV / EBITDA | 116.14 | 118.93 | 17.56 | 13.28 | 14.89 | 26.06 | — | — | — | — | — |
| EV / EBIT | — | — | 129.19 | 16.25 | 45.69 | 35.14 | — | — | — | — | — |
| EV / FCF | — | — | — | — | — | — | — | — | — | — | — |
NFE Profitability
Margins and return-on-capital ratios measuring operating efficiency
New Fortress Energy Inc. earns an operating margin of -11.3%, below the Utilities sector average of 18.5%. Operating margins have compressed from 39.1% to -11.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. A negative ROE of -159.7% indicates the company is currently destroying shareholder equity.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 9.1% | 9.1% | 46.7% | 54.0% | 48.6% | 42.1% | 27.7% | -11.2% | 6.2% | 11.4% | -30.6% |
| Operating Margin | -11.3% | -11.3% | 22.8% | 39.1% | 31.1% | 18.1% | -34.4% | -99.0% | -52.1% | -25.7% | -126.5% |
| Net Profit Margin | -122.6% | -122.6% | -10.5% | 22.7% | 8.2% | 7.3% | -40.3% | -17.9% | -69.5% | -32.6% | -153.9% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | -159.7% | -159.7% | -13.2% | 34.0% | 11.3% | 8.2% | -47.8% | -10.1% | -27.8% | -11.1% | -11.4% |
| ROA | -15.7% | -15.7% | -2.1% | 6.0% | 2.7% | 2.2% | -12.0% | -3.7% | -14.5% | -8.2% | -8.5% |
| ROIC | -1.3% | -1.3% | 4.0% | 9.6% | 9.5% | 5.1% | -11.0% | -19.3% | -11.8% | -8.2% | -10.7% |
| ROCE | -2.6% | -2.6% | 5.4% | 12.5% | 11.7% | 5.9% | -11.3% | -28.5% | -18.2% | -7.0% | -7.4% |
NFE Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
New Fortress Energy Inc. carries a Debt/EBITDA ratio of 119.5x, which is highly leveraged (2202% above the sector average of 5.2x). Net debt stands at $8.2B ($8.6B total debt minus $357M cash).
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 27.68 | 27.68 | 4.75 | 4.15 | 3.39 | 2.07 | 3.62 | 1.60 | 0.96 | 0.27 | 0.28 |
| Debt / EBITDA | 119.48 | 119.48 | 13.55 | 6.53 | 5.55 | 12.22 | — | — | — | — | — |
| Net Debt / Equity | — | 26.53 | 4.50 | 4.06 | 2.92 | 1.98 | 2.02 | 1.53 | 0.69 | -0.03 | -0.35 |
| Net Debt / EBITDA | 114.51 | 114.51 | 12.84 | 6.39 | 4.79 | 11.67 | — | — | — | — | — |
| Debt / FCF | — | — | — | — | — | — | — | — | — | — | — |
| Interest Coverage | -0.22 | -0.22 | 0.29 | 3.32 | 1.21 | 1.63 | -3.18 | -10.14 | -6.30 | -3.93 | -5.52 |
NFE Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
The current ratio of 0.15x is below 1.0, meaning current liabilities exceed current assets. The current ratio has declined from 0.57x to 0.15x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.15 | 0.15 | 0.94 | 0.57 | 0.98 | 1.04 | 3.99 | 2.06 | 0.38 | 4.83 | 8.66 |
| Quick Ratio | 0.14 | 0.14 | 0.88 | 0.51 | 0.96 | 0.97 | 3.87 | 1.44 | 0.34 | 4.48 | 8.34 |
| Cash Ratio | 0.04 | 0.04 | 0.29 | 0.09 | 0.48 | 0.33 | 3.15 | 0.26 | 0.19 | 2.64 | 7.38 |
| Asset Turnover | — | 0.14 | 0.18 | 0.23 | 0.31 | 0.19 | 0.24 | 0.17 | 0.16 | 0.26 | 0.05 |
| Inventory Turnover | 11.45 | 11.45 | 12.21 | 9.77 | 31.14 | 20.60 | 14.28 | 3.31 | 6.60 | 7.72 | 3.65 |
| Days Sales Outstanding | — | — | — | — | — | — | — | — | — | — | — |
NFE Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
New Fortress Energy Inc. returns 3.0% to shareholders annually primarily through dividends.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.0% | 1.1% | 2.0% | 9.3% | 1.1% | 1.8% | 0.6% | — | — | — | — |
| Payout Ratio | — | — | — | 132.1% | 50.9% | 91.4% | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | — | — | — | 7.0% | 2.2% | 2.0% | — | — | — | — | — |
| FCF Yield | — | — | — | — | — | — | — | — | — | — | — |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.6% | 0.1% | 0.0% | — | — | — |
| Total Shareholder Yield | 3.0% | 1.1% | 2.0% | 9.3% | 1.1% | 2.4% | 0.7% | 0.0% | — | — | — |
| Shares Outstanding | — | $278M | $219M | $206M | $210M | $202M | $107M | $63M | $68M | $68M | $68M |
Peer Comparison
Compare NFE with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 NFEYou | $117M | -0.1 | 116.1 | — | 9.1% | -11.3% | -159.7% | -1.3% | 119.5 |
 GLNG | $5B | 78.1 | 36.5 | — | 46.9% | 34.4% | 3.0% | 2.9% | 14.9 |
 FLNG | $2B | 22.0 | 12.1 | 12.2 | 52.9% | 50.6% | 9.8% | 6.1% | 7.3 |
 CLCO | $511M | 5.3 | 7.4 | — | 76.0% | 50.5% | 12.5% | 6.7% | 5.9 |
 LNG | $48B | 9.6 | 10.4 | 19.7 | 29.0% | 27.0% | 46.1% | 10.9% | 3.9 |
 CQP | $29B | 9.7 | 10.2 | 11.2 | 34.3% | 33.3% | 721.5% | 18.4% | 3.4 |
 NEXT | $2B | -6.3 | — | — | — | — | -15.1% | -2.1% | — |
 VGAS | $66M | -1.9 | — | — | — | — | -35.9% | -630.6% | — |
 HAL | $29B | 23.4 | 10.4 | 17.6 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
 SLB | $72B | 20.4 | 11.0 | 15.0 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 |
 GE | $371B | 43.5 | 38.0 | 51.1 | 36.8% | 19.1% | 45.3% | 24.7% | 2.1 |
| Utilities Median | — | 19.1 | 11.9 | 18.6 | 38.4% | 18.5% | 9.3% | 4.9% | 5.2 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 10 years · Updated daily
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NFE — Frequently Asked Questions
Quick answers to the most common questions about buying NFE stock.
What is New Fortress Energy Inc.'s P/E ratio?
New Fortress Energy Inc.'s current P/E ratio is -0.1x. The historical average is 36.7x.
What is New Fortress Energy Inc.'s EV/EBITDA?
New Fortress Energy Inc.'s current EV/EBITDA is 116.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 17.9x.
What is New Fortress Energy Inc.'s ROE?
New Fortress Energy Inc.'s return on equity (ROE) is -159.7%. The historical average is -22.8%.
Is NFE stock overvalued?
Based on historical data, New Fortress Energy Inc. is trading at a P/E of -0.1x. Compare with industry peers and growth rates for a complete picture.
What is New Fortress Energy Inc.'s dividend yield?
New Fortress Energy Inc.'s current dividend yield is 3.04%.
What are New Fortress Energy Inc.'s profit margins?
New Fortress Energy Inc. has 9.1% gross margin and -11.3% operating margin.
How much debt does New Fortress Energy Inc. have?
New Fortress Energy Inc.'s Debt/EBITDA ratio is 119.5x, indicating high leverage. A ratio above 4x may signal elevated financial risk.