New Fortress Energy
NFE
$26.48
Share price
2.36%
Change (1 day)
-6.99%
Change (1 year)
Categories
Operating Margin for New Fortress Energy (NFE)
Operating Margin as of May 2024 (TTM): 30.21%
According to New Fortress Energy 's latest financial reports and stock price the company's current Operating Margin is 30.21%. At the end of 2022 the company had an Operating Margin of 2.59%.
Operating Margin history for New Fortress Energy from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 2.59% | -67.42% |
| 2021 | 7.95% | -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 |
|---|---|---|---|
 NiSource
NI | 14.44% | -52.20% | 🇺🇸 USA |
 New Jersey Resources NJR | 13.87% | -54.09% | 🇺🇸 USA |
 NW Natural
NWN | 12.32% | -59.22% | 🇺🇸 USA |
 National Fuel Gas
NFG | 31.22% | 3.34% | 🇺🇸 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.