📊 NFE Key Takeaways
Is New Fortress Energy Inc. (NFE) a Good Investment?
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.
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.
Why Buy New Fortress Energy Inc. Stock? 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
- 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
- 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
- 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 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
- 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. shows some fundamental concerns 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 |
|---|---|---|---|
| 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.
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 Rating of STRONG SELL from Claude (STRONG SELL) and ChatGPT (STRONG SELL) with 86% combined 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. 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: 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. 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 $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 86% 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: 10%), 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 Utilities stocks?
Vs Utilities sector averages: Net margin -96.0% (avg: 12%), ROE -106.0% (avg: 10%), current ratio 0.17 (avg: 0.8).
Is New Fortress Energy Inc. carrying too much debt?
NFE has a debt-to-equity ratio of 2.35x, which is above the Utilities sector average of 1.4x. Combined with a current ratio below 1, this warrants careful monitoring of the balance sheet.