NFE (New Fortress Energy) Gross Profit : $1,093 Mil (TTM As of Dec. 2024)

View and export this data going back to 2019. Start your Free Trial

What is New Fortress Energy Gross Profit?

New Fortress Energy's gross profit for the three months ended in Dec. 2024 was $348 Mil. New Fortress Energy's gross profit for the trailing twelve months (TTM) ended in Dec. 2024 was $1,093 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. New Fortress Energy's gross profit for the three months ended in Dec. 2024 was $348 Mil. New Fortress Energy's Revenue for the three months ended in Dec. 2024 was $679 Mil. Therefore, New Fortress Energy's Gross Margin % for the quarter that ended in Dec. 2024 was 51.25%.

New Fortress Energy had a gross margin of 51.25% for the quarter that ended in Dec. 2024 => Durable competitive advantage

During the past 9 years, the highest Gross Margin % of New Fortress Energy was 54.85%. The lowest was -30.65%. And the median was 27.74%.

New Fortress Energy Gross Profit Historical Data

The historical data trend for New Fortress Energy's Gross Profit 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 Chart

New Fortress Energy Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Gross Profit

Get a 7-Day Free Trial

125.30

581.81

1,188.53

1,323.62

1,092.51

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	Get a 7-Day Free Trial															428.84	384.26	158.35	201.93	347.97

Competitive Comparison of New Fortress Energy's Gross Profit

For the Utilities - Regulated Gas subindustry, New Fortress Energy's Gross Profit, along with its competitors' market caps and Gross Profit 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 Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, New Fortress Energy's Gross Profit distribution charts can be found below:

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

Save Embed

;

Save Embed

;

New Fortress Energy Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

New Fortress Energy's Gross Profit for the fiscal year that ended in Dec. 2024 is calculated as

Gross Profit (A: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	2364.86	-	1272.352
	=	1,093

New Fortress Energy's Gross Profit for the quarter that ended in Dec. 2024 is calculated as

Gross Profit (Q: Dec. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	678.998	-	331.028
	=	348

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,093 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

New Fortress Energy's Gross Margin % for the quarter that ended in Dec. 2024 is calculated as

Gross Margin % (Q: Dec. 2024 )	=	Gross Profit (Q: Dec. 2024 )	/	Revenue (Q: Dec. 2024 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	348	/	678.998
	=	51.25 %

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.

New Fortress Energy (NAS:NFE) Gross Profit 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 51.25% for the quarter that ended in Dec. 2024 => Durable competitive advantage

New Fortress Energy Gross Profit Related Terms

Thank you for viewing the detailed overview of New Fortress Energy's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.

New Fortress Energy Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » New Fortress Energy Inc (NAS:NFE) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

NF0:Germany

Address

111 W. 19th Street, 8th Floor, New York, NY, USA, 10011

Website

https://www.newfortressenergy.com

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.

Executives

Christopher S. Guinta	officer: Chief Financial Officer	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Wesley R Edens	director, officer: Chief Executive Officer	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Desmond Iain Catterall	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Timothy W. Jay	director	111 W 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
Matthew Wilkinson	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
C. William Griffin	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Katherine Wanner	director	C/O NEW FORTRESS ENERGY HOLDINGS, 111 WEST 19TH STREET 8TH FLOOR, NEW YORK NY 10011
Nfe Smrs Holdings Llc	10 percent owner	10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Yunyoung Shin	officer: Chief Accounting Officer	C/O NEW FORTRESS ENERGY, 111 WEST 19TH STREET, 8TH FLOOR, NEW YORK NY 10011
John J Mack	director	C/O MORGAN STANLEY 1585 BROADWAY, NEW YORK NY 10036
Lynn Edens	10 percent owner	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Edens Family Holdings Llc	10 percent owner	C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Alexander Thomson	10 percent owner	10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Jonathan Rotolo	10 percent owner	10 STATION PLACE, P.O. BOX 233, NORFOLK CT 06058
Great Mountain Partners Llc	10 percent owner	157 CHURCH STREET, 20TH FLOOR, NEW HAVEN CT 06510