New Fortress Energy
NFE
#2713
Rank
$5.10 B
Marketcap
$24.92
Share price
3.13%
Change (1 day)
-8.33%
Change (1 year)

Operating Margin for New Fortress Energy (NFE)

Operating Margin as of July 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
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
31.22% 3.34%๐Ÿ‡บ๐Ÿ‡ธ USA
14.44%-52.20%๐Ÿ‡บ๐Ÿ‡ธ USA
13.87%-54.09%๐Ÿ‡บ๐Ÿ‡ธ USA
12.32%-59.22%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.