New Fortress Energy (NFE) Financial Statements

Price: $8.31
Market Cap: $2.28B
Avg Volume: 5.31M
Country: US
Industry: Regulated Gas
Sector: Utilities
Beta: 1.564
52W Range: $7.58-30.71
Website: New Fortress Energy

Overview of Financial Statements

Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:

  • Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
  • Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
  • Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.

This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of New Fortress Energy.


Income Statement

Revenue
Cost of Revenue
Revenue and Costs$3.00B$3.00B$2.40B$2.40B$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.00201720172018201820192019202020202021202120222022202320232024202420252025
Operating Expenses
Operating Income
Operating Expenses & Income$1.20B$1.20B$900.00M$900.00M$600.00M$600.00M$300.00M$300.00M$0.00$0.00-$300.00M-$300.00M201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016
Revenue $2.36B $2.41B $2.37B $1.32B $451.65M $189.12M $112.30M $97.26M $21.39M
Cost of Revenue $1.27B $1.28B $1.18B $741.00M $326.35M $210.26M $105.33M $86.15M $27.95M
Gross Profit $1.09B $1.14B $1.19B $581.81M $125.30M $-21.13M $6.97M $11.11M $-6.56M
Gross Profit Ratio 46.20% 47.08% 50.19% 44.00% 27.74% -11.17% 6.21% 11.43% -30.65%
Research and Development Expenses $- $- $- $- $- $- $- $- $-
General and Administrative Expenses $- $- $- $- $- $- $- $- $-
Selling and Marketing Expenses $- $- $- $- $- $- $- $- $-
Selling General and Administrative Expenses $285.52M $205.10M $236.05M $199.88M $124.17M $152.92M $62.14M $33.34M $18.16M
Other Expenses $268.35M $- $142.64M $98.38M $156.49M $13.22M $784.00K $301.00K $53.00K
Operating Expenses $553.87M $205.10M $378.69M $298.26M $280.66M $166.14M $65.46M $36.10M $20.50M
Cost and Expenses $1.83B $1.47B $1.56B $1.04B $607.01M $376.40M $170.79M $122.25M $48.45M
Interest Income $- $- $205.86M $154.32M $65.72M $19.41M $- $- $-
Interest Expense $328.38M $277.84M $236.86M $154.32M $65.72M $19.41M $11.25M $6.46M $5.11M
Depreciation and Amortization $162.01M $187.32M $142.64M $98.83M $33.24M $8.64M $4.03M $3.21M $2.39M
EBITDA $317.51M $1.11B $440.85M $350.45M $-160.19M $-175.83M $-63.24M $-22.17M $-25.79M
EBITDA Ratio 13.43% 46.04% 22.35% 31.35% -28.13% -92.97% -47.79% -22.08% -115.05%
Operating Income $538.64M $942.67M $385.66M $238.88M $-155.36M $-187.28M $-58.49M $-24.99M $-27.06M
Operating Income Ratio 22.78% 39.06% 16.28% 18.06% -34.40% -99.02% -52.08% -25.69% -126.47%
Total Other Income Expenses Net $-711.52M $-278.28M $-324.31M $-133.71M $-103.79M $-16.61M $-20.03M $-6.16M $-6.23M
Income Before Tax $-172.88M $664.39M $61.35M $105.17M $-259.15M $-203.88M $-78.52M $-31.14M $-33.29M
Income Before Tax Ratio -7.31% 27.53% 2.59% 7.95% -57.38% -107.80% -69.92% -32.02% -155.58%
Income Tax Expense $69.51M $115.51M $-123.44M $12.46M $4.82M $439.00K $-338.00K $526.00K $-361.00K
Net Income $-249.04M $547.88M $194.48M $97.10M $-263.96M $-204.32M $-78.18M $-31.67M $-32.93M
Net Income Ratio -10.53% 22.70% 8.21% 7.34% -58.44% -108.03% -69.62% -32.56% -153.90%
EPS $-1.04 $2.66 $0.93 $0.49 $-2.47 $-9.79 $-3.91 $-0.49 $-0.48
EPS Diluted $-1.03 $2.65 $0.93 $0.48 $-2.47 $-9.79 $-3.91 $-0.47 $-0.48
Weighted Average Shares Outstanding 217.58M 205.94M 209.50M 198.59M 106.65M 20.86M 20.00M 65.01M 67.92M
Weighted Average Shares Outstanding Diluted 218.62M 206.48M 209.85M 201.70M 106.65M 20.86M 20.00M 67.92M 67.92M
SEC Filing Source Source Source Source Source Source Source Source Source

Balance Sheet

Total Assets
Total Liabilities
Total Assets and Liabilities$15.00B$15.00B$12.00B$12.00B$9.00B$9.00B$6.00B$6.00B$3.00B$3.00B$0.00$0.00201720172018201820192019202020202021202120222022202320232024202420252025
Equity$2.00B$2.00B$1.50B$1.50B$1.00B$1.00B$500.00M$500.00M$0.00$0.00201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016
Cash and Cash Equivalents $492.88M $155.41M $675.49M $187.51M $601.52M $27.10M $78.30M $84.71M $180.65M
Short Term Investments $- $- $- $- $- $- $- $1.24M $108.00K
Cash and Short Term Investments $492.88M $155.41M $675.49M $187.51M $601.52M $27.10M $78.30M $84.71M $180.65M
Net Receivables $335.81M $424.57M $318.51M $208.50M $85.76M $51.47M $29.47M $20.59M $16.74M
Inventory $103.22M $113.68M $39.07M $37.18M $22.86M $63.43M $15.96M $11.15M $7.66M
Other Current Assets $678.19M $286.31M $354.08M $147.11M $51.87M $69.12M $29.16M $26.11M $3.36M
Total Current Assets $1.61B $979.97M $1.39B $584.87M $762.01M $211.12M $153.78M $154.95M $211.88M
Property Plant Equipment Net $6.46B $8.42B $4.92B $4.09B $996.63M $749.98M $451.76M $198.84M $167.62M
Goodwill $766.35M $776.76M $776.76M $760.13M $- $- $- $- $-
Intangible Assets $179.51M $51.81M $85.90M $142.94M $46.10M $43.54M $43.06M $- $-
Goodwill and Intangible Assets $945.86M $828.58M $862.66M $903.08M $46.10M $43.54M $43.06M $- $-
Long Term Investments $- $145.47M $392.31M $1.18B $45.43M $2.54M $3.66M $6.33M $3.36M
Tax Assets $2.70M $9.91M $8.07M $6.00M $2.31M $34.00K $185.00K $- $361.00K
Other Non-Current Assets $3.85B $119.23M $137.08M $106.38M $55.60M $116.60M $46.97M $21.06M $5.83M
Total Non-Current Assets $11.26B $9.52B $6.32B $6.29B $1.15B $912.69M $545.62M $226.24M $177.17M
Other Assets $- $- $- $- $- $- $- $- $-
Total Assets $12.87B $10.50B $7.71B $6.88B $1.91B $1.12B $699.40M $381.19M $389.05M
Account Payables $473.74M $549.49M $80.39M $68.08M $21.33M $11.59M $43.18M $6.35M $5.28M
Short Term Debt $795.86M $457.17M $162.30M $191.48M $70.96M $- $272.19M $5.83M $5.83M
Tax Payables $88.61M $54.04M $6.26M $8.88M $- $- $- $- $1.20M
Deferred Revenue $14.41M $65.29M $12.75M $244.03M $99.33M $- $71.99M $19.59M $12.80M
Other Current Liabilities $334.80M $580.30M $1.15B $294.07M $98.86M $90.67M $89.39M $19.92M $12.16M
Total Current Liabilities $1.71B $1.71B $1.41B $562.51M $191.15M $102.26M $404.75M $32.10M $24.48M
Long Term Debt $8.83B $6.92B $5.08B $4.23B $1.32B $619.06M $- $69.42M $74.56M
Deferred Revenue Non-Current $- $31.70M $- $- $- $- $- $- $-
Deferred Tax Liabilities Non-Current $73.20M $44.44M $25.99M $269.51M $2.33M $241.00K $- $160.00K $-
Other Non-Current Liabilities $166.36M $23.93M $-253.11M $-175.59M $15.64M $14.93M $12.00M $596.00K $648.00K
Total Non-Current Liabilities $9.07B $7.02B $4.85B $4.32B $1.34B $634.23M $12.00M $70.18M $75.20M
Other Liabilities $90.57M $- $- $- $- $- $- $- $-
Total Liabilities $10.87B $8.72B $6.26B $4.88B $1.53B $736.49M $416.75M $102.28M $99.68M
Preferred Stock $90.57M $- $- $- $- $- $- $- $-
Common Stock $2.66M $2.05M $2.09M $2.07M $1.75M $130.66M $426.74M $406.59M $336.68M
Retained Earnings $196.36M $527.99M $62.08M $-132.40M $-229.50M $-45.82M $-158.42M $-80.35M $-48.68M
Accumulated Other Comprehensive Income Loss $3.09M $71.53M $55.40M $-2.08M $182.00K $-30.00K $-11.00K $2.67M $1.36M
Other Total Stockholders Equity $1.58B $1.04B $1.17B $1.92B $594.53M $- $- $-50.00M $-
Total Stockholders Equity $1.88B $1.64B $1.29B $1.79B $366.96M $84.81M $268.31M $278.91M $289.37M
Total Equity $2.00B $1.78B $1.44B $1.99B $375.09M $387.32M $282.65M $278.91M $289.37M
Total Liabilities and Stockholders Equity $12.87B $10.50B $7.71B $6.88B $1.91B $1.12B $699.40M $381.19M $389.05M
Minority Interest $122.66M $137.78M $152.04M $202.48M $8.13M $302.52M $14.34M $- $-
Total Liabilities and Total Equity $12.87B $10.50B $7.71B $6.88B $1.91B $1.12B $699.40M $381.19M $389.05M
Total Investments $- $145.47M $392.31M $1.18B $45.43M $2.54M $3.66M $6.33M $3.36M
Total Debt $9.50B $7.37B $4.89B $4.14B $1.36B $619.06M $272.19M $75.25M $80.39M
Net Debt $9.01B $7.22B $4.22B $3.95B $757.84M $591.96M $193.89M $-9.46M $-100.27M

Cash Flow Statement

Operating Cash Flow
Investing Cash Flow
Operating and Investing Cash Flow$900.00M$900.00M$0.00$0.00-$900.00M-$900.00M-$1.80B-$1.80B-$2.70B-$2.70B-$3.60B-$3.60B201720172018201820192019202020202021202120222022202320232024202420252025
Financing Cash Flow$2.40B$2.40B$1.80B$1.80B$1.20B$1.20B$600.00M$600.00M$0.00$0.00201720172018201820192019202020202021202120222022202320232024202420252025
Breakdown December 31, 2024 December 31, 2023 December 31, 2022 December 31, 2021 December 31, 2020 December 31, 2019 December 31, 2018 December 31, 2017 December 31, 2016
Net Income $-242.39M $547.88M $184.79M $92.71M $-263.96M $-204.32M $-78.18M $-31.67M $-32.93M
Depreciation and Amortization $33.17M $187.32M $143.59M $99.54M $33.30M $8.64M $4.03M $3.21M $2.39M
Deferred Income Tax $5.47M $14.94M $-279.54M $-8.82M $2.75M $392.00K $-345.00K $521.00K $-361.00K
Stock Based Compensation $50.62M $1.57M $30.38M $37.04M $8.74M $41.20M $- $- $-
Change in Working Capital $- $189.38M $-104.80M $-147.85M $22.54M $-89.92M $-26.38M $-28.99M $-14.56M
Accounts Receivables $- $-41.02M $-139.94M $-123.58M $-61.73M $-3.27M $-9.52M $-3.11M $-16.15M
Inventory $-2.75M $-39.79M $-7.93M $-11.15M $23.23M $-50.34M $-4.81M $-3.50M $-7.66M
Accounts Payables $187.79M $78.06M $67.74M $17.53M $55.51M $3.04M $12.23M $-110.00K $9.82M
Other Working Capital $- $192.12M $-24.67M $-30.64M $5.53M $-39.34M $-24.29M $-22.27M $-578.00K
Other Non Cash Items $739.87M $-116.34M $380.69M $12.14M $71.06M $9.74M $4.46M $2.04M $787.00K
Net Cash Provided by Operating Activities $586.74M $824.76M $355.11M $84.77M $-125.57M $-234.26M $-93.23M $-54.89M $-43.49M
Investments in Property Plant and Equipment $-2.62B $-3.03B $-1.17B $-669.35M $-157.00M $-377.05M $-181.15M $-28.73M $-96.33M
Acquisitions Net $- $100.00M $500.08M $-1.59B $- $- $-4.03M $- $-
Purchases of Investments $- $- $- $- $- $- $- $-1.67M $-2.00M
Sales Maturities of Investments $136.37M $- $593.00M $- $- $- $6.97M $- $-
Other Investing Activities $410.22M $25.69M $-1.79M $-9.35M $-636.00K $887.00K $7.69M $-22.00M $-5.71M
Net Cash Used for Investing Activities $-2.07B $-2.90B $-82.73M $-2.27B $-157.63M $-376.16M $-177.49M $-52.40M $-104.04M
Debt Repayment $2.06B $2.32B $511.21M $1.97B $605.27M $342.86M $204.08M $-5.05M $-21.73M
Common Stock Issued $386.58M $- $72.60M $30.12M $291.99M $274.95M $20.15M $20.10M $300.78M
Common Stock Repurchased $- $-9.52M $-72.60M $-30.12M $- $- $- $-192.00K $-1.08M
Dividends Paid $-65.31M $-723.96M $-99.05M $-88.76M $-33.74M $- $- $- $-
Other Financing Activities $-160.97M $-65.97M $-90.20M $-67.94M $-44.02M $-15.20M $56.12M $19.01M $299.43M
Net Cash Used Provided by Financing Activities $2.22B $1.53B $321.96M $1.82B $819.50M $602.61M $264.31M $11.35M $277.70M
Effect of Forex Changes on Cash $-81.90M $6.17M $-3.29M $6.54M $- $- $- $- $-
Net Change in Cash $654.76M $-544.27M $591.05M $-365.31M $536.30M $-7.82M $-6.41M $-95.94M $130.17M
Cash at End of Period $965.58M $310.81M $855.08M $264.03M $629.34M $93.03M $78.30M $84.71M $180.65M
Cash at Beginning of Period $310.81M $855.08M $264.03M $629.34M $93.03M $100.85M $84.71M $180.65M $50.48M
Operating Cash Flow $586.74M $824.76M $355.11M $84.77M $-125.57M $-234.26M $-93.23M $-54.89M $-43.49M
Capital Expenditure $-2.62B $-3.03B $-1.17B $-669.35M $-157.00M $-377.05M $-181.15M $-28.73M $-96.33M
Free Cash Flow $-2.03B $-2.21B $-818.90M $-584.58M $-282.56M $-611.31M $-274.38M $-83.62M $-139.82M