
New Fortress Energy Inc.
NFEFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
2,365
Cost of Revenue
1,272
Gross Profit
1,093
Gross Margin
46.2%
Operating Income
539
Operating Margin
22.8%
Net Income
-249
Net Margin
-10.5%
EPS (Basic)
$-1.24
EPS (Diluted)
$-1.25
EBITDA
318
EBITDA Margin
13.4%
2023
12/31/2023
Revenue
2,413
Cost of Revenue
1,277
Gross Profit
1,136
Gross Margin
47.1%
Operating Income
943
Operating Margin
39.1%
Net Income
548
Net Margin
22.7%
EPS (Basic)
$2.66
EPS (Diluted)
$2.65
EBITDA
1,111
EBITDA Margin
46.0%
2022
12/31/2022
Revenue
2,368
Cost of Revenue
1,180
Gross Profit
1,189
Gross Margin
50.2%
Operating Income
386
Operating Margin
16.3%
Net Income
194
Net Margin
8.2%
EPS (Basic)
$0.93
EPS (Diluted)
$0.93
EBITDA
441
EBITDA Margin
18.6%
2021
12/31/2021
Revenue
1,323
Cost of Revenue
741
Gross Profit
582
Gross Margin
44.0%
Operating Income
239
Operating Margin
18.1%
Net Income
97
Net Margin
7.3%
EPS (Basic)
$0.49
EPS (Diluted)
$0.48
EBITDA
350
EBITDA Margin
26.5%
2020
12/31/2020
Revenue
452
Cost of Revenue
326
Gross Profit
125
Gross Margin
27.7%
Operating Income
-155
Operating Margin
-34.4%
Net Income
-182
Net Margin
-40.3%
EPS (Basic)
$-1.71
EPS (Diluted)
$-1.71
EBITDA
-176
EBITDA Margin
-38.9%