📊 NFE Key Takeaways
Is NFE a Good Investment? Thesis Analysis
New Fortress Energy is in severe financial distress with a negative net margin of -96%, operating cash flow burn of -$575.2M, and critically insufficient liquidity (0.17x current ratio). The company cannot cover interest payments from operations (interest coverage of -6.6x) and is burning over $1.3B in free cash flow annually, rendering the current capital structure unsustainable.
Why Buy NFE? Key Strengths
- Maintains $1.1B in annual revenue indicating functional business operations
- Asset base of $11.9B provides potential collateral and restructuring value
- Recent data freshness (Sept 2025) provides current visibility into deteriorating condition
NFE Investment Risks to Consider
- Critical liquidity crisis: 0.17x current ratio indicates imminent default risk on short-term obligations
- Negative operating cash flow of -$575.2M means core business operations cannot support debt service or capital needs
- Debt-to-equity of 2.35x combined with negative interest coverage of -6.6x creates high default probability
- Massive cash burn: -$1.3B free cash flow annually with only $145.2M in available cash creates runway of ~1 month
- Systemic profitability collapse across all margins (operating -46.3%, net -96.0%) suggests structural business problems
Key Metrics to Watch
- Operating cash flow trajectory and return to positive territory
- Liquidity position and cash burn rate relative to remaining cash reserves
- Debt restructuring announcements or covenant compliance status
- Asset impairment charges or write-downs that may further erode equity
NFE Financial Metrics
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NFE Profitability Ratios
NFE vs Energy Sector
How New Fortress Energy Inc. compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is NFE Overvalued or Undervalued?
Based on fundamental analysis, New Fortress Energy Inc. shows some fundamental concerns relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
NFE Balance Sheet & Liquidity
NFE 5-Year Financial Trend & Growth Analysis
5-Year Trend Summary: New Fortress Energy Inc.'s revenue has grown significantly by 547% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.93 reflects profitable operations.
NFE Growth Metrics (YoY)
NFE Quarterly Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $240.3M | N/A | $0.03 |
| Q2 2025 | $227.2M | N/A | $-0.18 |
| Q1 2025 | $384.9M | N/A | $0.26 |
| Q3 2024 | $420.9M | $9.3M | $0.03 |
| Q2 2024 | $291.2M | -$34.8M | $-0.18 |
| Q1 2024 | $501.7M | $54.1M | $0.26 |
| Q3 2023 | $420.9M | $61.2M | $0.29 |
| Q2 2023 | $494.6M | $68.5M | $0.33 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
NFE Capital Allocation
NFE SEC 10-K & 10-Q Filing Analysis
Access official SEC EDGAR filings for New Fortress Energy Inc. (CIK: 0001749723)
📋 Recent SEC Filings
❓ Frequently Asked Questions about NFE
What is the AI rating for NFE?
New Fortress Energy Inc. (NFE) has an AI rating of STRONG SELL with 88% confidence, based on fundamental analysis of SEC EDGAR filings.
What are NFE's key strengths?
Claude: Maintains $1.1B in annual revenue indicating functional business operations. Asset base of $11.9B provides potential collateral and restructuring value.
What are the risks of investing in NFE?
Claude: Critical liquidity crisis: 0.17x current ratio indicates imminent default risk on short-term obligations. Negative operating cash flow of -$575.2M means core business operations cannot support debt service or capital needs.
What is NFE's revenue and growth?
New Fortress Energy Inc. reported revenue of $1.1B.
Does NFE pay dividends?
New Fortress Energy Inc. pays dividends, with $3.0M distributed to shareholders in the trailing twelve months.
Where can I find NFE SEC filings?
Official SEC filings for New Fortress Energy Inc. (CIK: 0001749723) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is NFE's EPS?
New Fortress Energy Inc. has a diluted EPS of $-3.82.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is NFE a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, New Fortress Energy Inc. has a STRONG SELL rating with 88% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is NFE stock overvalued or undervalued?
Valuation metrics for NFE: ROE of -106.0% (sector avg: 14%), net margin of -96.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy NFE stock in 2026?
Our dual AI analysis gives New Fortress Energy Inc. a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is NFE's free cash flow?
New Fortress Energy Inc.'s operating cash flow is $-575.2M, with capital expenditures of $758.5M. FCF margin is -121.3%.
How does NFE compare to other Energy stocks?
Vs Energy sector averages: Net margin -96.0% (avg: 12%), ROE -106.0% (avg: 14%), current ratio 0.17 (avg: 1.3).