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New Fortress Energy vs New Jersey Resources: revenue, profit, margins and growth compared

New Fortress Energy brought in $1.5B of revenue in fiscal 2025, New Jersey Resources $2B in fiscal 2025. Revenue changed by -36.2% at New Fortress Energy and +13.4% at New Jersey Resources on the year before, so New Jersey Resources grew faster. New Fortress Energy kept -122.7% of its revenue as net profit, New Jersey Resources 16.5%.

Side by side, latest fiscal year

NFENJR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (September 30, 2025)
Revenue$1.5B$2B
Revenue growth-36.2%+13.4%
Net income-$1.8B$335.6M
Net margin-122.7%16.5%
Free cash flow-$1.2Bn/a
Free cash flow margin-82.1%n/a
Earnings per share (diluted)-$6.63$3.33
Cash$226.5M$591K
Debt$8.2B$3.4B
Price to earningsn/a15.2
Market value$1.9B$5.1B
Dividend yieldn/a3.61%
Rank by revenue in sector#66 of 109 · Utilities#58 of 109 · Utilities

Over the years

Revenue
NFE FY2019: $112.3MNFE FY2019: $189.1MNFE FY2020: $451.7MNFE FY2021: $1.3BNFE FY2022: $2.4BNFE FY2023: $2.4BNFE FY2024: $2.4BNFE FY2025: $1.5BNJR FY2018: $2.9BNJR FY2019: $2.6BNJR FY2020: $2BNJR FY2021: $2.2BNJR FY2022: $2.9BNJR FY2023: $2BNJR FY2024: $1.8BNJR FY2025: $2BFY18FY19FY20FY21FY22FY23FY24FY25
NFE $1.5BNJR $2B
Net income
NFE FY2019: -$78.1MNFE FY2019: -$33.8MNFE FY2020: -$182.1MNFE FY2021: $97.1MNFE FY2022: $194.5MNFE FY2023: $547.9MNFE FY2024: -$272.3MNFE FY2025: -$1.8BNJR FY2018: $233.4MNJR FY2019: $123.9MNJR FY2020: $163MNJR FY2021: $117.9MNJR FY2022: $274.9MNJR FY2023: $264.7MNJR FY2024: $289.8MNJR FY2025: $335.6MFY18FY19FY20FY21FY22FY23FY24FY25
NFE -$1.8BNJR $335.6M
Net margin
NFE FY2019: -69.5%NFE FY2019: -17.9%NFE FY2020: -40.3%NFE FY2021: 7.3%NFE FY2022: 8.2%NFE FY2023: 22.9%NFE FY2024: -11.5%NFE FY2025: -122.7%NJR FY2018: 8.0%NJR FY2019: 4.8%NJR FY2020: 8.3%NJR FY2021: 5.5%NJR FY2022: 9.5%NJR FY2023: 13.5%NJR FY2024: 16.1%NJR FY2025: 16.5%FY18FY19FY20FY21FY22FY23FY24FY25
NFE -122.7%NJR 16.5%
Revenue growth
NFE FY2019: +68.4%NFE FY2020: +138.8%NFE FY2021: +192.9%NFE FY2022: +79.0%NFE FY2023: +0.9%NFE FY2024: -1.3%NFE FY2025: -36.2%NJR FY2019: -11.1%NJR FY2020: -24.6%NJR FY2021: +10.4%NJR FY2022: +34.7%NJR FY2023: -32.4%NJR FY2024: -8.5%NJR FY2025: +13.4%FY19FY20FY21FY22FY23FY24FY25
NFE -36.2%NJR +13.4%
Free cash flow
NFE FY2019: -$274.4MNFE FY2019: -$611.3MNFE FY2020: -$282.6MNFE FY2021: -$584.6MNFE FY2022: -$818.9MNFE FY2023: -$2.1BNFE FY2024: -$1.5BNFE FY2025: -$1.2BNJR FY2018: $191.4MNJR FY2019: -$105.9MFY18FY19FY20FY21FY22FY23FY24FY25
NFE -$1.2BNJR -$105.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about New Fortress Energy and New Jersey Resources

Which is bigger by revenue, New Fortress Energy or New Jersey Resources?

New Jersey Resources is bigger by revenue: $2B in fiscal 2025, against $1.5B for New Fortress Energy in fiscal 2025.

Which keeps more of its revenue as profit, New Fortress Energy or New Jersey Resources?

New Fortress Energy had a net margin of -122.7% in fiscal 2025; New Jersey Resources had 16.5% in fiscal 2025.

Which grew revenue faster, New Fortress Energy or New Jersey Resources?

In their latest fiscal years revenue changed by -36.2% at New Fortress Energy and +13.4% at New Jersey Resources.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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