NFE (New Fortress Energy) Gross Margin %: -6.37% (As of Mar. 2026)


NFE New Fortress Energy Inc NFE
49 GF Score
Price $0.35
GF Value $4.43
Valuation Possible Value Trap
! 10 Warning Signs
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What is New Fortress Energy Gross Margin %?

New Fortress Energy NFE -6.09% 49 Gross Margin % is -6.37% as of Mar. 2026. GuruFocus rates NFE with a GF Score™ of 49/100 and a GF Value™ of $4.43 (Possible Value Trap). The stock has 10 warning signs investors should review. Among 867 Oil & Gas companies, New Fortress Energy ranks worse than 61.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. New Fortress Energy's Gross Profit for the three months ended in Mar. 2026 was $-14 Mil. New Fortress Energy's Revenue for the three months ended in Mar. 2026 was $227 Mil. Therefore, New Fortress Energy's Gross Margin % for the quarter that ended in Mar. 2026 was -6.37%.

Warning Sign:

New Fortress Energy Inc gross margin has been in long-term decline. The average rate of decline per year is -2.7%.


The historical rank and industry rank for New Fortress Energy's Gross Margin % or its related term are showing as below:

NFE' s Gross Margin % Range Over the Past 10 Years
Min: -17.26   Med: 27.37   Max: 54.57
Current: 18.48


During the past 10 years, the highest Gross Margin % of New Fortress Energy was 54.57%. The lowest was -17.26%. And the median was 27.37%.

NFE's Gross Margin % is ranked worse than
61.13% of 867 companies
in the Oil & Gas industry
Industry Median: 25.7 vs NFE: 18.48

New Fortress Energy had a gross margin of -6.37% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for New Fortress Energy was -2.70% per year.


New Fortress Energy  (NAS:NFE) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

New Fortress Energy had a gross margin of -6.37% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


New Fortress Energy Gross Margin % Related Terms


New Fortress Energy Gross Margin % Historical Data

* Premium members only.

The historical data trend for New Fortress Energy's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

New Fortress Energy Gross Margin % Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.09 48.63 54.57 46.70 23.63

New Fortress Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.53 10.58 22.20 35.31 -6.37

NFE vs TORO, DLNG, MMLP: Gross Margin % Comparison

For the Oil & Gas Midstream subindustry, New Fortress Energy's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


New Fortress Energy Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Fortress Energy's Gross Margin % distribution charts can be found below:

* The bar in red indicates where New Fortress Energy's Gross Margin % falls into.


NFE
49GF Score
New Fortress Energy Inc NFE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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New Fortress Energy Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

New Fortress Energy's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=355.3 / 1504.037
=(Revenue - Cost of Goods Sold) / Revenue
=(1504.037 - 1148.705) / 1504.037
=23.63 %

New Fortress Energy's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=-14.5 / 226.953
=(Revenue - Cost of Goods Sold) / Revenue
=(226.953 - 241.421) / 226.953
=-6.37 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of -6.37% mean?
New Fortress Energy (NFE) has a Gross Margin % of -6.37% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on New Fortress Energy and its competitors. According to the industry distribution chart, New Fortress Energy ranks #530 out of 867 companies in the Oil & Gas industry, placing it in the top 61.1%.
Is New Fortress Energy's Gross Margin % too high?
New Fortress Energy's current Gross Margin % is -6.37%. Based on the distribution chart, New Fortress Energy ranks #530 out of 867 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, New Fortress Energy has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does New Fortress Energy's Gross Margin % compare to TORO and DLNG?
According to the Oil & Gas industry distribution chart, New Fortress Energy ranks #530 out of 867 companies for Gross Margin %. This places New Fortress Energy in the lower half of its industry. The industry median Gross Margin % is 25.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.70, based on 867 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on New Fortress Energy and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Fortress Energy's current Gross Margin % is -6.37%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Fortress Energy stock overvalued right now?
Based on GuruFocus' analysis, New Fortress Energy (NFE) is currently considered Possible Value Trap. The stock's GF Value™ is $4.43, compared to a current price of $0.35 — trading 92.1% below its estimated fair value. The current Gross Margin % is -6.37%. New Fortress Energy's overall GF Score™ is 49/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For New Fortress Energy (NFE), the current Gross Margin % is -6.37% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is New Fortress Energy (NFE) Overvalued in 2026?

Based on GuruFocus' analysis, New Fortress Energy stock appears to be undervalued. The current stock price of $0.35 is trading 92.1% below its estimated GF Value™ of $4.43. GuruFocus considers New Fortress Energy to be Possible Value Trap.

Key valuation signals for NFE:

  • Gross Margin %: -6.37%
  • GF Value™: $4.43 vs. price of $0.35 (92.1% below fair value)
  • GF Score™: 49/100 with 10 warning signs

No single metric tells the full story. See the NFE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


New Fortress Energy Business Description

Industry EnergyOil & Gas
Other Exchanges NFE:MexicoNF0:Germany
Address 111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy Inc is an integrated gas-to-power company. It owns and operates natural gas and liquefied natural gas (LNG) infrastructure, and an integrated fleet of ships and logistics assets to deliver turnkey energy solutions to markets globally. The company's reportable segments are: Terminals and Infrastructure, and Ships. Maximum revenue is generated from the Terminals and Infrastructure segment, which includes vertically integrated gas-to-power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities, and conversion or development of natural gas-fired power generation. Vessels that are utilized in the company's terminal, logistics, or sub-charter operations are included in this segment.
49GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.35
Price
$4.43
GF Value