# New Fortress Energy Inc. (NFE)

**Exchange:** NASDAQ  
**Sector:** Energy  
**Market cap:** $146M  
**Price:** $0.53 (+1.47%)

> New Fortress Energy Inc. is an integrated gas-to-power energy infrastructure company that delivers liquefied natural gas (LNG) solutions and development services to customers worldwide. It specializes in replacing oil-based fuels with cleaner, more reliable LNG through turnkey projects encompassing natural gas procurement, liquefaction, logistics, shipping, regasification terminals, pipelines, power plants, and combined heat and power facilities. The company operates in two main segments: Terminals and Infrastructure, which handles natural gas procurement, liquefaction, logistics, shipping, facilities development, and gas-fired power generation; and Ships, providing floating storage and regasification units (FSRUs) and LNG carriers available for long-term or spot leases. Key operations include LNG facilities and power plants in Jamaica, Puerto Rico, Mexico, Brazil, and additional projects in Ireland, Nicaragua, and the United States. New Fortress Energy Inc., founded in 1998 and headquartered in New York, New York, plays a vital role in enhancing energy access, reducing emissions, and supporting energy transitions in underserved regions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.18B | $261M | -$1.12B | — | $-6.63 |
| 2024 | $1.70B | $632M | $528M | — | $-1.26 |
| 2023 | $2.06B | $1.18B | $936M | $548M | $2.65 |
| 2022 | $1.98B | $968M | $737M | $194M | $0.93 |
| 2021 | $931M | $315M | $239M | $97M | $0.47 |
| 2020 | $318M | $40M | -$155M | -$182M | $-1.71 |
| 2019 | $146M | -$38M | -$187M | -$34M | $-1.62 |
| 2018 | $97M | $1M | -$58M | -$78M | — |
| 2017 | $82M | $3M | -$25M | -$32M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $10.56B | $10.25B | $183M | $226M | $8.18B |
| 2024 | $12.92B | $10.83B | $1.88B | $493M | $8.90B |
| 2023 | $10.51B | $8.74B | $1.64B | $155M | $6.80B |
| 2022 | $7.71B | $6.26B | $1.29B | $675M | $4.54B |
| 2021 | $6.88B | $4.88B | $1.79B | $188M | $3.86B |
| 2020 | $1.91B | $1.53B | $367M | $602M | $1.24B |
| 2019 | $1.12B | $736M | $85M | $27M | $619M |
| 2018 | $699M | $417M | $283M | $78M | $272M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | -$583M | $651M | -$1.23B |
| 2024 | $602M | $2.13B | -$1.53B |
| 2023 | $819M | $2.92B | -$2.10B |
| 2022 | $355M | $1.17B | -$819M |
| 2021 | $85M | $669M | -$585M |
| 2020 | -$126M | $157M | -$283M |
| 2019 | -$234M | $377M | -$611M |
| 2018 | -$93M | $181M | -$274M |
| 2017 | -$55M | $29M | -$84M |

Source: [CompaniesByCap](https://companiesbycap.com/company/NFE)