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Taxonomy & unit
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ratio: %
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Description
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Return on assets can be defined as an indicator of how profitable a company is relative to its total assets. Calculated by dividing a company's operating earnings by its total assets.
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Summary
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New Fortress Energy Inc. quarterly/annual Return On Assets history and growth rate from Q3 2019 to Q2 2024.
- New Fortress Energy Inc. Return On Assets for the quarter ending June 30, 2024 was 2.29 %, a 53% decline year-over-year.
- New Fortress Energy Inc. annual Return On Assets for 2023 was 5.82 %, a 123% increase from 2022.
- New Fortress Energy Inc. annual Return On Assets for 2022 was 2.61 %, a 46.5% increase from 2021.
- New Fortress Energy Inc. annual Return On Assets for 2021 was 1.78 %.
Return On Assets, Quarterly (%)
Return On Assets, YoY Quarterly Growth (%)