New Gross Profit from 2010 to 2024

NFE Stock

USD 9.51 0.33 3.59%

New Fortress' Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 1.2 B this year. Gross Profit is the profit New Fortress Energy makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals

Gross Profit

First Reported

2016-12-31

Previous Quarter

120.9 M

Current Value

201.9 M

Quarterly Volatility

143.7 M

Covid

Check New Fortress financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among New Fortress' main balance sheet or income statement drivers, such as Tax Provision of 75.9 M, Interest Income of 8.2 M or Depreciation And Amortization of 196.7 M, as well as many indicators such as Price To Sales Ratio of 3.06, Dividend Yield of 0.0978 or PTB Ratio of 4.08. New financial statements analysis is a perfect complement when working with New Fortress Valuation or Volatility modules.

Check out the analysis of New Fortress Correlation against competitors.

Latest New Fortress' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of New Fortress Energy over the last few years. Gross profit is a required income statement account that reflects total revenue of New Fortress Energy minus its cost of goods sold. It is profit before New Fortress operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. New Fortress' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in New Fortress' overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.28 B

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Gross Profit

Timeline

New Gross Profit Regression Statistics

	Arithmetic Mean	278,406,390
	Geometric Mean	34,150,307
	Coefficient Of Variation	174.91
	Mean Deviation	398,148,839
	Median	(6,557,000)
	Standard Deviation	486,954,727
	Sample Variance	237124.9T
	Range	1.2B
	R-Value	0.79
	Mean Square Error	97602.8T
	R-Squared	0.62
	Significance	0.0005
	Slope	85,584,389
	Total Sum of Squares	3319748.7T

New Gross Profit History

	2024	1.2 B
	2023	1.1 B
	2022	1.2 B
	2021	581.8 M
	2020	125.3 M
	2019	-21.1 M
	2018	7 M

Other Fundumenentals of New Fortress Energy

Gross Profit Margin

New Fortress Gross Profit component correlations

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Long Term Debt	Net Receivables	Short Term Investments	Long Term Debt Total	Total Liab	Long Term Investments	Short Long Term Debt	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Deferred Long Term Liab	Capital Stock	Intangible Assets	Capital Surpluse
Total Assets		0.85	0.59	0.43	1.0	0.8	0.87	1.0	0.99	-0.84	0.99	1.0	0.55	0.71	0.78	0.88	-0.82	1.0	1.0	-0.75	0.39	-0.83	0.61	0.86
Total Stockholder Equity	0.85		0.86	0.57	0.82	0.48	0.57	0.82	0.83	-0.6	0.86	0.82	0.8	0.45	0.75	0.64	-0.73	0.85	0.85	-0.52	0.7	-0.73	0.8	0.94
Net Tangible Assets	0.59	0.86		0.63	0.55	0.17	0.29	0.56	0.54	-0.24	0.6	0.55	0.9	0.17	0.48	0.36	-0.51	0.58	0.6	-0.22	0.87	-0.49	0.87	0.87
Current Deferred Revenue	0.43	0.57	0.63		0.42	-0.02	0.21	0.41	0.38	0.1	0.46	0.39	0.79	0.42	0.22	0.42	-0.6	0.42	0.44	-0.12	0.85	-0.64	0.77	0.71
Net Debt	1.0	0.82	0.55	0.42		0.84	0.91	1.0	0.98	-0.83	0.98	1.0	0.51	0.74	0.73	0.9	-0.8	0.99	1.0	-0.79	0.35	-0.81	0.56	0.83
Retained Earnings	0.8	0.48	0.17	-0.02	0.84		0.95	0.82	0.77	-0.83	0.74	0.82	0.05	0.65	0.43	0.79	-0.47	0.77	0.8	-0.88	-0.07	-0.45	0.11	0.49
Accounts Payable	0.87	0.57	0.29	0.21	0.91	0.95		0.89	0.83	-0.78	0.82	0.88	0.17	0.81	0.49	0.91	-0.58	0.83	0.88	-0.89	0.07	-0.59	0.22	0.59
Long Term Debt	1.0	0.82	0.56	0.41	1.0	0.82	0.89		0.99	-0.85	0.99	1.0	0.51	0.71	0.78	0.87	-0.83	0.99	1.0	-0.75	0.35	-0.83	0.57	0.83
Net Receivables	0.99	0.83	0.54	0.38	0.98	0.77	0.83	0.99		-0.88	0.99	0.99	0.52	0.68	0.84	0.85	-0.84	1.0	0.99	-0.71	0.33	-0.85	0.59	0.82
Short Term Investments	-0.84	-0.6	-0.24	0.1	-0.83	-0.83	-0.78	-0.85	-0.88		-0.83	-0.86	-0.15	-0.56	-0.78	-0.72	0.57	-0.85	-0.83	0.73	0.08	0.56	-0.24	-0.51
Long Term Debt Total	0.99	0.86	0.6	0.46	0.98	0.74	0.82	0.99	0.99	-0.83		0.99	0.59	0.71	0.82	0.86	-0.85	1.0	0.99	-0.71	0.41	-0.86	0.65	0.87
Total Liab	1.0	0.82	0.55	0.39	1.0	0.82	0.88	1.0	0.99	-0.86	0.99		0.51	0.72	0.78	0.88	-0.82	0.99	1.0	-0.76	0.34	-0.82	0.57	0.83
Long Term Investments	0.55	0.8	0.9	0.79	0.51	0.05	0.17	0.51	0.52	-0.15	0.59	0.51		0.18	0.43	0.33	-0.57	0.56	0.56	-0.17	0.96	-0.57	0.99	0.89
Short Long Term Debt	0.71	0.45	0.17	0.42	0.74	0.65	0.81	0.71	0.68	-0.56	0.71	0.72	0.18		0.39	0.96	-0.5	0.69	0.71	-0.8	0.11	-0.57	0.22	0.5
Total Current Assets	0.78	0.75	0.48	0.22	0.73	0.43	0.49	0.78	0.84	-0.78	0.82	0.78	0.43	0.39		0.54	-0.83	0.82	0.77	-0.31	0.22	-0.82	0.49	0.61
Short Term Debt	0.88	0.64	0.36	0.42	0.9	0.79	0.91	0.87	0.85	-0.72	0.86	0.88	0.33	0.96	0.54		-0.61	0.86	0.88	-0.89	0.22	-0.66	0.38	0.68
Common Stock	-0.82	-0.73	-0.51	-0.6	-0.8	-0.47	-0.58	-0.83	-0.84	0.57	-0.85	-0.82	-0.57	-0.5	-0.83	-0.61		-0.84	-0.82	0.31	-0.43	0.99	-0.62	-0.74
Property Plant Equipment	1.0	0.85	0.58	0.42	0.99	0.77	0.83	0.99	1.0	-0.85	1.0	0.99	0.56	0.69	0.82	0.86	-0.84		0.99	-0.72	0.38	-0.85	0.63	0.85
Net Invested Capital	1.0	0.85	0.6	0.44	1.0	0.8	0.88	1.0	0.99	-0.83	0.99	1.0	0.56	0.71	0.77	0.88	-0.82	0.99		-0.75	0.4	-0.82	0.61	0.86
Net Working Capital	-0.75	-0.52	-0.22	-0.12	-0.79	-0.88	-0.89	-0.75	-0.71	0.73	-0.71	-0.76	-0.17	-0.8	-0.31	-0.89	0.31	-0.72	-0.75		-0.07	0.34	-0.2	-0.54
Deferred Long Term Liab	0.39	0.7	0.87	0.85	0.35	-0.07	0.07	0.35	0.33	0.08	0.41	0.34	0.96	0.11	0.22	0.22	-0.43	0.38	0.4	-0.07		-0.43	0.92	0.8
Capital Stock	-0.83	-0.73	-0.49	-0.64	-0.81	-0.45	-0.59	-0.83	-0.85	0.56	-0.86	-0.82	-0.57	-0.57	-0.82	-0.66	0.99	-0.85	-0.82	0.34	-0.43		-0.62	-0.74
Intangible Assets	0.61	0.8	0.87	0.77	0.56	0.11	0.22	0.57	0.59	-0.24	0.65	0.57	0.99	0.22	0.49	0.38	-0.62	0.63	0.61	-0.2	0.92	-0.62		0.9
Capital Surpluse	0.86	0.94	0.87	0.71	0.83	0.49	0.59	0.83	0.82	-0.51	0.87	0.83	0.89	0.5	0.61	0.68	-0.74	0.85	0.86	-0.54	0.8	-0.74	0.9

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About New Fortress Financial Statements

New Fortress stakeholders use historical fundamental indicators, such as New Fortress' Gross Profit, to determine how well the company is positioned to perform in the future. Although New Fortress investors may analyze each financial statement separately, they are all interrelated. For example, changes in New Fortress' assets and liabilities are reflected in the revenues and expenses on New Fortress' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in New Fortress Energy. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Gross Profit	1.1 B	1.2 B
Gross Profit Margin	0.47	0.49

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When determining whether New Fortress Energy is a strong investment it is important to analyze New Fortress' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact New Fortress' future performance. For an informed investment choice regarding New Stock, refer to the following important reports:

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Check out the analysis of New Fortress Correlation against competitors.

You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

Is Oil & Gas Refining & Marketing space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of New Fortress. If investors know New will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about New Fortress listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.90)

Dividend Share

0.4

Earnings Share

0.91

Revenue Per Share

11.791

Quarterly Revenue Growth

0.103

The market value of New Fortress Energy is measured differently than its book value, which is the value of New that is recorded on the company's balance sheet. Investors also form their own opinion of New Fortress' value that differs from its market value or its book value, called intrinsic value, which is New Fortress' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because New Fortress' market value can be influenced by many factors that don't directly affect New Fortress' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between New Fortress' value and its price as these two are different measures arrived at by different means. Investors typically determine if New Fortress is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, New Fortress' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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New Gross Profit from 2010 to 2024

Latest New Fortress' Gross Profit Growth Pattern

New Gross Profit Regression Statistics

New Gross Profit History

Other Fundumenentals of New Fortress Energy

New Fortress Gross Profit component correlations

About New Fortress Financial Statements

Also Currently Popular

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