NFE: New Fortress Energy Inc Financial Statements
Balance sheet, income statement, and cash flow statements for New Fortress Energy Inc (NFE).
$3.80B Market Cap.
NFE Market Cap. (MRY)
NFE Shares Outstanding (MRY)
NFE Assets (MRY)
Total Assets
$12.87B
Total Liabilities
$10.78B
Total Investments
$0
NFE Income (MRY)
Revenue
$2.36B
Net Income
-$270.11M
Operating Expense
$728.18M
NFE Cash Flow (MRY)
CF Operations
$586.74M
CF Investing
-$2.07B
CF Financing
$2.22B
NFE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $12,867,496,000 (22.53%) | $10,501,245,000 (36.29%) | $7,705,082,000 (12.05%) | $6,876,492,000 (260.39%) |
Assets Current | $1,610,110,000 (64.30%) | $979,973,000 (-29.35%) | $1,387,154,000 (137.17%) | $584,866,000 (-23.25%) |
Assets Non-Current | $11,257,386,000 (18.23%) | $9,521,272,000 (50.70%) | $6,317,928,000 (0.42%) | $6,291,626,000 (448.97%) |
Goodwill & Intangible Assets | $945,860,000 (14.16%) | $828,575,000 (-3.95%) | $862,657,000 (-4.48%) | $903,079,000 (1858.87%) |
Shareholders Equity | $1,876,428,000 (14.41%) | $1,640,094,000 (27.16%) | $1,289,820,000 (-28.01%) | $1,791,575,000 (388.22%) |
Property Plant & Equipment Net | $10,035,929,000 (19.22%) | $8,418,094,000 (71.34%) | $4,913,212,000 (40.72%) | $3,491,482,000 (252.82%) |
Cash & Equivalents | $965,577,000 (210.66%) | $310,814,000 (-63.04%) | $840,888,000 (228.38%) | $256,070,000 (-59.31%) |
Accumulated Other Comprehensive Income | $3,089,000 (-95.68%) | $71,528,000 (29.12%) | $55,398,000 (2756.98%) | -$2,085,000 (-1245.60%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $0 (0%) | $137,793,000 (-64.88%) | $392,306,000 (-78.02%) | $1,784,688,000 (25236.29%) |
Investments Current | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $0 (0%) | $137,793,000 (-64.88%) | $392,306,000 (-78.02%) | $1,784,688,000 (25236.29%) |
Inventory | $103,224,000 (-9.20%) | $113,684,000 (190.98%) | $39,070,000 (5.08%) | $37,182,000 (62.65%) |
Trade & Non-Trade Receivables | $335,813,000 (-1.92%) | $342,371,000 (22.14%) | $280,313,000 (34.44%) | $208,499,000 (172.39%) |
Trade & Non-Trade Payables | $473,736,000 (-13.79%) | $549,489,000 (583.55%) | $80,387,000 (18.07%) | $68,085,000 (219.18%) |
Accumulated Retained Earnings (Deficit) | $196,363,000 (-62.81%) | $527,986,000 (750.49%) | $62,080,000 (146.89%) | -$132,399,000 (42.31%) |
Tax Assets | $2,698,000 (-72.77%) | $9,907,000 (22.70%) | $8,074,000 (34.59%) | $5,999,000 (159.14%) |
Tax Liabilities | $73,198,000 (64.70%) | $44,444,000 (71.01%) | $25,989,000 (-90.36%) | $269,513,000 (11467.08%) |
Total Debt | $9,498,358,000 (28.81%) | $7,374,190,000 (50.72%) | $4,892,547,000 (18.28%) | $4,136,304,000 (204.28%) |
Debt Current | $667,494,000 (46.00%) | $457,173,000 (302.58%) | $113,561,000 (-21.34%) | $144,365,000 (306.88%) |
Debt Non-Current | $8,830,864,000 (27.67%) | $6,917,017,000 (44.74%) | $4,778,986,000 (19.72%) | $3,991,939,000 (201.53%) |
Total Liabilities | $10,777,838,000 (23.55%) | $8,723,376,000 (39.28%) | $6,263,223,000 (28.28%) | $4,882,438,000 (218.49%) |
Liabilities Current | $1,707,418,000 (0.07%) | $1,706,288,000 (21.08%) | $1,409,238,000 (150.53%) | $562,511,000 (194.28%) |
Liabilities Non-Current | $9,070,420,000 (29.26%) | $7,017,088,000 (44.56%) | $4,853,985,000 (12.36%) | $4,319,927,000 (221.94%) |
NFE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $2,364,860,000 (-2.01%) | $2,413,296,000 (1.90%) | $2,368,272,000 (79.03%) | $1,322,810,000 (192.88%) |
Cost of Revenue | $1,098,039,000 (18.98%) | $922,890,000 (-14.07%) | $1,073,946,000 (60.85%) | $667,687,000 (139.51%) |
Selling General & Administrative Expense | $285,520,000 (39.21%) | $205,104,000 (-13.11%) | $236,051,000 (18.10%) | $199,881,000 (66.37%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $728,182,000 (32.94%) | $547,739,000 (-1.65%) | $556,946,000 (33.80%) | $416,245,000 (26.81%) |
Interest Expense | $328,377,000 (18.19%) | $277,842,000 (17.30%) | $236,861,000 (53.48%) | $154,324,000 (134.81%) |
Income Tax Expense | $69,509,000 (-39.83%) | $115,513,000 (193.58%) | -$123,439,000 (-1090.60%) | $12,461,000 (158.69%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$242,387,000 (-144.16%) | $548,876,000 (197.03%) | $184,786,000 (99.31%) | $92,711,000 (135.12%) |
Net Income to Non-Controlling Interests | $27,719,000 (2688.63%) | $994,000 (110.25%) | -$9,693,000 (-120.65%) | -$4,393,000 (94.63%) |
Net Income | -$270,106,000 (-149.30%) | $547,882,000 (181.72%) | $194,479,000 (100.28%) | $97,104,000 (153.31%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$270,106,000 (-149.30%) | $547,882,000 (181.72%) | $194,479,000 (100.28%) | $97,104,000 (153.31%) |
Weighted Average Shares | $217,578,487 (5.65%) | $205,942,837 (-1.70%) | $209,501,298 (5.49%) | $198,593,042 (86.20%) |
Weighted Average Shares Diluted | $218,622,419 (5.88%) | $206,481,977 (-1.61%) | $209,854,413 (4.04%) | $201,703,176 (89.12%) |
Earning Before Interest & Taxes (EBIT) | $127,780,000 (-86.42%) | $941,237,000 (205.69%) | $307,901,000 (16.68%) | $263,889,000 (336.44%) |
Gross Profit | $1,266,821,000 (-15.00%) | $1,490,406,000 (15.15%) | $1,294,326,000 (97.57%) | $655,123,000 (278.94%) |
Operating Income | $538,639,000 (-42.86%) | $942,667,000 (27.84%) | $737,380,000 (208.68%) | $238,878,000 (253.76%) |
NFE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | -$2,074,647,000 (28.56%) | -$2,904,143,000 (-3410.56%) | -$82,726,000 (96.36%) | -$2,273,561,000 (-1342.33%) |
Net Cash Flow from Financing | $2,224,568,000 (45.50%) | $1,528,950,000 (374.89%) | $321,957,000 (-82.28%) | $1,816,944,000 (121.71%) |
Net Cash Flow from Operations | $586,742,000 (-28.86%) | $824,756,000 (132.25%) | $355,111,000 (318.91%) | $84,770,000 (167.51%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $654,763,000 (220.30%) | -$544,269,000 (-192.08%) | $591,053,000 (261.80%) | -$365,306,000 (-168.12%) |
Net Cash Flow - Business Acquisitions and Disposals | $328,999,000 (1898.29%) | $16,464,000 (0%) | $0 (0%) | -$1,594,859,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $136,365,000 (36.36%) | $100,000,000 (-90.85%) | $1,093,076,000 (0%) | $0 (0%) |
Capital Expenditure | -$2,562,898,000 (15.41%) | -$3,029,834,000 (-158.08%) | -$1,174,008,000 (-75.40%) | -$669,348,000 (-326.35%) |
Issuance (Repayment) of Debt Securities | $1,917,543,000 (-15.94%) | $2,281,073,000 (362.12%) | $493,609,000 (-74.50%) | $1,935,824,000 (240.35%) |
Issuance (Purchase) of Equity Shares | $386,583,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Payment of Dividends & Other Cash Distributions | -$65,310,000 (90.98%) | -$723,962,000 (-630.91%) | -$99,050,000 (-11.60%) | -$88,756,000 (-163.04%) |
Effect of Exchange Rate Changes on Cash | -$81,900,000 (-1427.82%) | $6,168,000 (287.53%) | -$3,289,000 (-150.28%) | $6,541,000 (0%) |
Share Based Compensation | $50,625,000 (3118.37%) | $1,573,000 (-94.82%) | $30,382,000 (-17.98%) | $37,043,000 (323.69%) |
Depreciation Amortization & Accretion | $162,525,000 (-13.24%) | $187,324,000 (30.46%) | $143,589,000 (44.25%) | $99,544,000 (198.90%) |
NFE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 53.60% (-13.27%) | 61.80% (12.98%) | 54.70% (10.51%) | 49.50% (29.24%) |
Profit Margin | -11.40% (-150.22%) | 22.70% (176.83%) | 8.20% (12.33%) | 7.30% (118.11%) |
EBITDA Margin | 12.30% (-73.72%) | 46.80% (145.03%) | 19.10% (-30.55%) | 27.50% (258.96%) |
Return on Average Equity (ROAE) | -16.20% (-142.74%) | 37.90% (247.71%) | 10.90% (53.52%) | 7.10% (106.55%) |
Return on Average Assets (ROAA) | -2.30% (-139.66%) | 5.80% (123.08%) | 2.60% (44.44%) | 1.80% (115.38%) |
Return on Sales (ROS) | 5.40% (-86.15%) | 39.00% (200.00%) | 13.00% (-34.67%) | 19.90% (180.57%) |
Return on Invested Capital (ROIC) | 0.80% (-89.04%) | 7.30% (135.48%) | 3.10% (-16.22%) | 3.70% (169.81%) |
Dividend Yield | 2.00% (-77.78%) | 9.00% (900.00%) | 0.90% (-47.06%) | 1.70% (325.00%) |
Price to Earnings Ratio (P/E) | -12.19 (-185.97%) | 14.18 (-68.90%) | 45.61 (-7.41%) | 49.27 (257.20%) |
Price to Sales Ratio (P/S) | 1.39 (-56.80%) | 3.22 (-14.20%) | 3.75 (3.56%) | 3.62 (-71.36%) |
Price to Book Ratio (P/B) | 2.03 (-57.05%) | 4.72 (-31.30%) | 6.87 (146.36%) | 2.79 (-88.69%) |
Debt to Equity Ratio (D/E) | 5.74 (7.99%) | 5.32 (9.53%) | 4.86 (78.20%) | 2.73 (-34.78%) |
Earnings Per Share (EPS) | -1.24 (-146.62%) | 2.66 (186.02%) | 0.93 (89.80%) | 0.49 (128.65%) |
Sales Per Share (SPS) | 10.87 (-7.25%) | 11.72 (3.66%) | 11.3 (69.70%) | 6.66 (57.28%) |
Free Cash Flow Per Share (FCFPS) | -9.08 (15.18%) | -10.71 (-173.91%) | -3.91 (-32.78%) | -2.94 (-11.14%) |
Book Value Per Share (BVPS) | 8.62 (8.29%) | 7.96 (29.35%) | 6.16 (-31.75%) | 9.02 (162.16%) |
Tangible Assets Book Value Per Share (TABVPS) | 54.79 (16.66%) | 46.97 (43.80%) | 32.66 (8.58%) | 30.08 (72.29%) |
Enterprise Value Over EBIT (EV/EBIT) | 95 (533.33%) | 15 (-65.12%) | 43 (30.30%) | 33 (136.67%) |
Enterprise Value Over EBITDA (EV/EBITDA) | 41.99 (235.41%) | 12.52 (-57.47%) | 29.43 (23.92%) | 23.75 (118.62%) |
Asset Turnover | 0.2 (-21.48%) | 0.26 (-19.50%) | 0.32 (30.86%) | 0.24 (-16.49%) |
Current Ratio | 0.94 (64.29%) | 0.57 (-41.67%) | 0.98 (-5.38%) | 1.04 (-73.91%) |
Dividends | $0.3 (-91.18%) | $3.4 (750.00%) | $0.4 (0.00%) | $0.4 (100.00%) |
Free Cash Flow (FCF) | -$1,976,156,000 (10.38%) | -$2,205,078,000 (-169.27%) | -$818,897,000 (-40.08%) | -$584,578,000 (-106.89%) |
Enterprise Value (EV) | $12,188,895,846 (-13.72%) | $14,126,796,948 (6.31%) | $13,288,846,133 (53.95%) | $8,631,819,662 (-13.59%) |
Earnings Before Tax (EBT) | -$200,597,000 (-130.24%) | $663,395,000 (833.83%) | $71,040,000 (-35.16%) | $109,565,000 (161.79%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | $290,305,000 (-74.28%) | $1,128,561,000 (149.96%) | $451,490,000 (24.23%) | $363,433,000 (564.13%) |
Invested Capital | $18,746,999,000 (24.73%) | $15,029,758,000 (58.46%) | $9,484,846,000 (2.08%) | $9,291,136,000 (286.99%) |
Working Capital | -$97,308,000 (86.60%) | -$726,315,000 (-3188.87%) | -$22,084,000 (-198.79%) | $22,355,000 (-96.08%) |
Tangible Asset Value | $11,921,636,000 (23.25%) | $9,672,670,000 (41.36%) | $6,842,425,000 (14.55%) | $5,973,413,000 (220.81%) |
Market Capitalization | $3,801,459,846 (-50.86%) | $7,735,834,948 (-12.65%) | $8,856,027,133 (77.34%) | $4,993,678,662 (-44.78%) |
Average Equity | $1,667,843,500 (15.40%) | $1,445,269,500 (-18.98%) | $1,783,950,250 (29.85%) | $1,373,885,000 (717.51%) |
Average Assets | $11,781,532,750 (25.15%) | $9,414,150,000 (26.52%) | $7,440,812,500 (36.74%) | $5,441,441,250 (250.01%) |
Invested Capital Average | $16,995,316,500 (32.21%) | $12,855,000,000 (28.62%) | $9,994,280,250 (39.48%) | $7,165,530,750 (238.61%) |
Shares | 251,419,302 (22.62%) | 205,031,406 (-1.79%) | 208,770,088 (0.92%) | 206,863,242 (22.59%) |
