New Fortress Energy Inc. Annual Return On Equity in % from 2018 to 2023

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
New Fortress Energy Inc. quarterly/annual Return On Equity history and growth rate from 2018 to 2023.
  • New Fortress Energy Inc. Return On Equity for the quarter ending June 30, 2024 was 14.2 %, a 42% decline year-over-year.
  • New Fortress Energy Inc. annual Return On Equity for 2023 was 34.5 %, a 247% increase from 2022.
  • New Fortress Energy Inc. annual Return On Equity for 2022 was 9.93 %, a 57.8% increase from 2021.
  • New Fortress Energy Inc. annual Return On Equity for 2021 was 6.29 %.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 34.5 +24.6 +247% Jan 1, 2023 Dec 31, 2023
2022 9.93 +3.64 +57.8% Jan 1, 2022 Dec 31, 2022
2021 6.29 +84 Jan 1, 2021 Dec 31, 2021
2020 -77.7 -70.2 -926% Jan 1, 2020 Dec 31, 2020
2019 -7.58 +17.5 +69.7% Jan 1, 2019 Dec 31, 2019
2018 -25 Jan 1, 2018 Dec 31, 2018
* An asterisk sign (*) next to the value indicates that the value is likely invalid.