New Fortress Energy
NFE
#3109
Rank
C$5.59 B
Marketcap
$20.96
Share price
21.74%
Change (1 day)
-59.49%
Change (1 year)

Operating Margin for New Fortress Energy (NFE)

Operating Margin as of December 2024 (TTM): 21.93%

According to New Fortress Energy 's latest financial reports and stock price the company's current Operating Margin is 21.93%. At the end of 2023 the company had an Operating Margin of 27.53%.

Operating Margin history for New Fortress Energy from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202327.53%962.8%
20222.59%-67.42%
20217.95%-113.86%
2020-57.38%-46.77%
2019-107.80%54.18%
2018-69.92%118.35%
2017-32.02%-79.42%
2016-155.58%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
29.50% 34.52%๐Ÿ‡บ๐Ÿ‡ธ USA
17.72%-19.20%๐Ÿ‡บ๐Ÿ‡ธ USA
20.56%-6.25%๐Ÿ‡บ๐Ÿ‡ธ USA
10.54%-51.94%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin?

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.