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New Fortress Energy (New Fortress Energy) Operating Margin % : 38.10% (As of Mar. 2024)


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What is New Fortress Energy Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. New Fortress Energy's Operating Income for the three months ended in Mar. 2024 was $263 Mil. New Fortress Energy's Revenue for the three months ended in Mar. 2024 was $690 Mil. Therefore, New Fortress Energy's Operating Margin % for the quarter that ended in Mar. 2024 was 38.10%.

The historical rank and industry rank for New Fortress Energy's Operating Margin % or its related term are showing as below:

NFE' s Operating Margin % Range Over the Past 10 Years
Min: -126.47   Med: -29.6   Max: 38.59
Current: 36.7


NFE's Operating Margin % is ranked better than
93.39% of 514 companies
in the Utilities - Regulated industry
Industry Median: 12.435 vs NFE: 36.70

New Fortress Energy's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

New Fortress Energy's Operating Income for the three months ended in Mar. 2024 was $263 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was $926 Mil.


New Fortress Energy Operating Margin % Historical Data

The historical data trend for New Fortress Energy's Operating Margin % 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 Operating Margin % Chart

New Fortress Energy Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial -99.02 -33.51 21.44 34.20 38.59

New Fortress Energy Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.23 34.30 29.61 42.01 38.10

Competitive Comparison of New Fortress Energy's Operating Margin %

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

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

* The bar in red indicates where New Fortress Energy's Operating Margin % falls into.



New Fortress Energy Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

New Fortress Energy's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=931.193 / 2413.296
=38.59 %

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

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=263.015 / 690.321
=38.10 %

* 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.


New Fortress Energy  (NAS:NFE) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


New Fortress Energy Operating Margin % Related Terms

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New Fortress Energy (New Fortress Energy) Business Description

Traded in Other Exchanges
Address
111 W. 19th Street, 8th Floor, New York, NY, USA, 10011
New Fortress Energy 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 both lower the cost of acquiring gas while securing a long-term supply for its terminals. Its segments include terminals and infrastructure, or T&I, and ships.
Executives
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
David J Grain director C/O MOTIENT CORPORATION, 300 KNIGHTSBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Wesley R Edens director, officer: Chief Executive Officer 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105