📊 NFE Key Takeaways
Is New Fortress Energy Inc. (NFE) a Good Investment?
New Fortress Energy is in severe financial distress with negative stockholders' equity (-$180.2M), a liquidity crisis (current ratio 0.13x), and catastrophic losses (operating margin -99.3%, net margin -176.2%). Despite 27.5% revenue growth, the company is burning cash operationally (-$118.9M) and cannot service its $8.3B debt load, presenting a critical bankruptcy risk.
Fundamentals show severe and persistent losses with deeply negative margins, negative operating cash flow, and heavy capital intensity, all while liquidity is extremely tight. High leverage and negative interest coverage heighten refinancing and dilution risk, making the current profile unsustainable without material improvement or external financing. While the asset base and >$1B revenue could enable operating leverage over time, near‑term financial health dominates the risk-reward.
New Fortress Energy Inc. Key Strengths (NFE)
- Revenue growing 27.5% year-over-year demonstrates market demand
- $92.4M cash position provides near-term operational runway
- Essential utility services in natural gas distribution sector
- Meaningful revenue scale (~$1.10B) indicating commercial traction
- Large asset base (~$11.91B) that can support operations or restructuring
- Positive book equity (~$0.99B) providing some cushion
NFE Stock Risks: New Fortress Energy Inc. Investment Risks
- Negative stockholders' equity of -$180.2M indicates insolvency risk
- Severe liquidity crisis: current ratio of 0.13x far below solvency threshold
- Negative operating and free cash flow (-$162.5M FCF) unsustainable long-term
- Interest coverage ratio of -2.9x cannot support $8.3B debt burden
- Operating losses on top-line growth suggests fundamental business model distress
- No insider buying activity in past 90 days despite depressed valuation
- Acute liquidity risk: current ratio 0.17x and low cash ($145M)
- Sustained negative FCF (-$1.33B) and OCF (-$575M) amid high capex
- High leverage (D/E 2.35x) and negative interest coverage (-6.6x) implying refinancing/dilution risk
Key Metrics to Watch
- Operating cash flow trajectory (critical - must turn positive)
- Stockholders' equity recovery (must cease deterioration)
- Current/quick ratios (must improve above 1.0x)
- Debt restructuring announcements (refinancing urgency)
- Operating margin improvement or continued deterioration
- Operating cash flow (turning sustainably positive)
- Current ratio/liquidity runway
New Fortress Energy Inc. (NFE) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The current ratio below 1.0x warrants monitoring of short-term liquidity.
NFE Profit Margin, ROE & Profitability Analysis
NFE vs Utilities Sector: How New Fortress Energy Inc. Compares
How New Fortress Energy Inc. compares to Utilities sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is New Fortress Energy Inc. Stock Overvalued? NFE Valuation Analysis 2026
Based on fundamental analysis, New Fortress Energy Inc. has mixed fundamental signals relative to the Utilities 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.
New Fortress Energy Inc. Balance Sheet: NFE Debt, Cash & Liquidity
NFE Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: New Fortress Energy Inc.'s revenue has grown significantly by 121% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.65 reflects profitable operations.
NFE Revenue Growth, EPS Growth & YoY Performance
NFE Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $185.2M | N/A | $-0.65 |
| 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 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
New Fortress Energy Inc. Dividends, Buybacks & Capital Allocation
NFE SEC Filings: Latest 10-K & 10-Q 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 a Combined AI Grade of D from Claude (D) and ChatGPT (D) with 90% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are NFE's key strengths?
Claude: Revenue growing 27.5% year-over-year demonstrates market demand. $92.4M cash position provides near-term operational runway. ChatGPT: Meaningful revenue scale (~$1.10B) indicating commercial traction. Large asset base (~$11.91B) that can support operations or restructuring.
What are the risks of investing in NFE?
Claude: Negative stockholders' equity of -$180.2M indicates insolvency risk. Severe liquidity crisis: current ratio of 0.13x far below solvency threshold. ChatGPT: Acute liquidity risk: current ratio 0.17x and low cash ($145M). Sustained negative FCF (-$1.33B) and OCF (-$575M) amid high capex.
What is NFE's revenue and growth?
New Fortress Energy Inc. reported revenue of $227.0M.
Does NFE pay dividends?
New Fortress Energy Inc. does not currently pay dividends.
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 $-1.40.
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 grade reflects both perspectives for balanced insights.
What is NFE's fundamental grade?
Based on our AI fundamental analysis in May 2026, New Fortress Energy Inc. has a D grade with 90% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is NFE stock overvalued or undervalued?
Valuation metrics for NFE: ROE of N/A (sector avg: 10%), net margin of -176.2% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
What is NFE's AI grade for 2026?
Our dual AI analysis gives New Fortress Energy Inc. a combined D grade 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 $-118.9M, with capital expenditures of $43.6M. FCF margin is -71.6%.
How does NFE compare to other Utilities stocks?
Vs Utilities sector averages: Net margin -176.2% (avg: 12%), ROE N/A (avg: 10%), current ratio 0.13 (avg: 0.8).