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New Fortress Energy Inc   (NFE)
Other Ticker:  
 
    Sector  Utilities    Industry Natural Gas Utilities
   Industry Natural Gas Utilities
   Sector  Utilities
 

NFE's Revenue Growth by Quarter and Year

New Fortress Energy Inc 's Revenue results by quarter and year




NFE Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter December - 514.46 731.93 304.66
III Quarter September - 561.35 584.86 223.84
II Quarter June - 579.13 505.12 145.68
I Quarter March 690.32 546.37 648.63 145.70
FY   690.32 2,201.31 2,470.54 819.88



NFE Revenue first quarter 2024 Y/Y Growth Comment
New Fortress Energy Inc reported Revenue improvement of 26.35% year on year in the first quarter 2024, to $ 690.32 millions, this is lower than New Fortress Energy Inc 's recent average Revenue surge of 133.23%.

Looking into first quarter 2024 results within Natural Gas Utilities industry 16 other companies have achieved higher Revenue growth. While New Fortress Energy Inc ' s Revenue rise of 26.35% ranks overall at the positon no. 1451 in the first quarter 2024.




NFE Revenue ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter December - -29.71 % 140.24 % 122.61 %
III Quarter September - -4.02 % 161.28 % 136.69 %
II Quarter June - 14.65 % 246.73 % 95.46 %
I Quarter March 26.35 % -15.77 % 345.18 % -
FY   - -10.9 % 201.33 % 219.89 %

Financial Statements
New Fortress Energy Inc 's first quarter 2024 Revenue $ 690.32 millions NFE's Income Statement
New Fortress Energy Inc 's first quarter 2023 Revenue $ 546.37 millions Quarterly NFE's Income Statement
New: More NFE's historic Revenue Growth >>


NFE Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter December - -8.35 % 25.15 % 36.11 %
III Quarter September - -3.07 % 15.79 % 53.65 %
II Quarter June - 6 % -22.13 % -0.01 %
I Quarter March 34.18 % -25.35 % 112.9 % 6.46 %
FY (Year on Year)   - -10.9 % 201.33 % 219.89 %




Revenue first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #17
Utilities Sector #41
Overall #1451

Revenue Y/Y Growth Statistics
High Average Low
285.63 % 133.23 % -10.9 %
(Jun 30 2021)   (Sep 30 2023)
Revenue first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #17
Utilities Sector #41
Overall #1451
Revenue Y/Y Growth Statistics
High Average Low
285.63 % 133.23 % -10.9 %
(Jun 30 2021)   (Sep 30 2023)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

New Fortress Energy Inc 's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
112.91 % 19.2 % -25.35 %
(Dec 31 2021)  


NFE's I. Quarter Q/Q Revenue Comment
New Fortress Energy Inc achieved in the I. Quarter 2024 above company average sequential Revenue jump of 34.18%, to $ 690.32 millions, from $514.46 millions in the fourth quarter.
New Fortress Energy Inc is going from strength to strength, with claiming higher then average growth, and also increasing speed, Gavin Edwards, Utilities sector researcher from Dallas added.

Within Natural Gas Utilities industry 2 other companies have achieved higher Revenue quarter on quarter growth. While New Fortress Energy Inc 's Revenue growth quarter on quarter, overall rank is 91.


Revenue Q/Q Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #3
Utilities Sector #3
Overall #91
Revenue Q/Q Growth Company Ranking
Within: No.
Natural Gas Utilities Industry #3
Utilities Sector #3
Overall #91
Revenue Q/Q Growth Statistics
High Average Low
112.91 % 19.2 % -25.35 %
(Dec 31 2021)  


NFE's I. Quarter Q/Q Revenue Comment
New Fortress Energy Inc achieved in the I. Quarter 2024 above company average sequential Revenue jump of 34.18%, to $ 690.32 millions, from $514.46 millions in the fourth quarter.
NFE is undergoing a remarkable growth, not just recording higher then average growth, and additionally accelerating speed, Gavin Edwards, Utilities sector researcher from Dallas said.

Within Natural Gas Utilities industry 2 other companies have achieved higher Revenue quarter on quarter growth. While New Fortress Energy Inc 's Revenue growth quarter on quarter, overall rank is 91.


New Fortress Energy Inc 's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Mar 31 2024)
12 Months Ending
(Sep 30 2023)
12 Months Ending
(Jun 30 2023)
12 Months Ending
(Mar 31 2023)
12 Months Ending
(Dec 31 2022)
Cumulative Revenue 12 Months Ending $ 2,345.26 $ 2,201.31 $ 2,418.78 $ 2,442.29 $ 2,368.27
Y / Y Revenue Growth (TTM) -0.97 % -10.9 % 18.38 % 45.18 % 79.03 %
Year on Year Revenue Growth Overall Ranking # 53 # 135 # 133 # 42 # 53
Seqeuential Revenue Change (TTM) 6.54 % -8.99 % -0.96 % 3.13 % -4.14 %
Seq. Revenue Growth (TTM) Overall Ranking # 1451 # 563 # 868 # 333 # 149




Cumulative Revenue growth Comment
New Fortress Energy Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Sep 30 2023. If the fiscal year would end in Mar 31 2024, New Fortress Energy Inc 's annual Revenue decline would be -0.97% year on year to $2,345 millions.

New Fortress Energy Inc achieved highest trailing twelve month year on year Revenue growth. While Total ranking has impoved so far to 53, from total ranking in previous quarter at 135.

Revenue TTM Q/Q Growth Statistics
High Average Low
285.63 %
133.23 %
-10.9 %
 

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry # 17
Utilities Sector # 1
Overall # 53

Revenue TTM Y/Y Growth Statistics
High Average Low
285.63 %
133.23 %
-10.9 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 17
Sector # 41
S&P 500 # 1451
Cumulative Revenue growth Comment
New Fortress Energy Inc showed decline, but improvement compare to trailing twelve month Revenue decrease in Sep 30 2023. If the fiscal year would end in Mar 31 2024, New Fortress Energy Inc 's annual Revenue decrease would be -0.97% year on year to $2,345 millions.

New Fortress Energy Inc achieved highest trailing twelve month year on year Revenue growth. While Total ranking has impoved so far to 53, from total ranking in previous quarter at 135.

Revenue TTM Q/Q Growth Statistics
High Average Low
285.63 %
133.23 %
-10.9 %
 


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Natural Gas Utilities Industry # 17
Utilities Sector # 1
Overall # 53

Revenue TTM Y/Y Growth Statistics
High Average Low
285.63 %
133.23 %
-10.9 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 17
Sector # 41
S&P 500 # 1451




Other Revenue Growth
Natural Gas Utilities Industry Revenue Growth Trends and Statistics
Utilities Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
NFE's Revenue Growth Ratio versus Natural Gas Utilities Industry, Utilities Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for NFE's Competitors
Revenue Growth for New Fortress Energy Inc 's Suppliers
Revenue Growth for NFE's Customers

You may also want to know
NFE's Annual Growth Rates NFE's Profitability Ratios NFE's Asset Turnover Ratio NFE's Dividend Growth
NFE's Roe NFE's Valuation Ratios NFE's Financial Strength Ratios NFE's Dividend Payout Ratio
NFE's Roa NFE's Inventory Turnover Ratio NFE's Growth Rates NFE's Dividend Comparisons



Companies with similar Revenue decrease for the quarter ending Mar 31 2024 within Utilities SectorY/Y Change %Revenue for the quarter ending Mar 31 2024
Altus Power Inc 38.40%$ 38.399 millions
Boardwalk Pipeline Partners Lp29.47%$ 29.470 millions
Portland General Electric Company24.20%$ 24.198 millions
Western Midstream Partners Lp20.95%$ 20.947 millions
Ormat Technologies Inc 20.83%$ 20.827 millions
Consolidated Water Co ltd 20.75%$ 20.750 millions
New Fortress Energy Inc 19.20%$ 19.199 millions
Archrock inc 16.82%$ 16.818 millions
Usa Compression Partners Lp16.31%$ 16.311 millions
Energy Transfer Lp13.87%$ 13.867 millions
Genie Energy Ltd 13.69%$ 13.690 millions




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