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New Fortress Energy (FRA:NF0) Gross-Profit-to-Asset % : 11.52% (As of Dec. 2024)


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What is New Fortress Energy Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. New Fortress Energy's annualized Gross Profit for the quarter that ended in Dec. 2024 was €1,329 Mil. New Fortress Energy's average Total Assets over the quarter that ended in Dec. 2024 was €11,537 Mil. Therefore, New Fortress Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 was 11.52%.


New Fortress Energy Gross-Profit-to-Asset % Historical Data

The historical data trend for New Fortress Energy's Gross-Profit-to-Asset % 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.

* Premium members only.

New Fortress Energy Gross-Profit-to-Asset % Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 7.98 13.45 16.80 14.36 9.52

New Fortress Energy Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Gross-Profit-to-Asset % 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 16.73 14.40 5.71 6.81 11.52

Competitive Comparison of New Fortress Energy's Gross-Profit-to-Asset %

For the Oil & Gas Midstream subindustry, New Fortress Energy's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

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

* The bar in red indicates where New Fortress Energy's Gross-Profit-to-Asset % falls into.


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New Fortress Energy Gross-Profit-to-Asset % Calculation

New Fortress Energy's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1043.345/( (9629.642+12288.459)/ 2 )
=1043.345/10959.0505
=9.52 %

New Fortress Energy's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=1329.244/( (10784.876+12288.459)/ 2 )
=1329.244/11536.6675
=11.52 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


New Fortress Energy Gross-Profit-to-Asset % Related Terms

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New Fortress Energy Business Description

Traded in Other Exchanges
Address
111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy Inc is an integrated gas-to-power company. Its business model spans the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, terminals, and conversion or development of a natural gas-fired generation. It has invested in floating, liquefied natural gas vessels to lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include Terminals & Infrastructure, and Ships. It generates the majority of its revenue from the Terminals & Infrastructure segment.

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