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Side-by-side financial comparison of HCI Group, Inc. (HCI) and New Fortress Energy Inc. (NFE). Click either name above to swap in a different company.

New Fortress Energy Inc. is the larger business by last-quarter revenue ($326.2M vs $246.2M, roughly 1.3× HCI Group, Inc.). HCI Group, Inc. runs the higher net margin — 39.7% vs -259.7%, a 299.3% gap on every dollar of revenue. On growth, HCI Group, Inc. posted the faster year-over-year revenue change (52.1% vs -7.0%). HCI Group, Inc. produced more free cash flow last quarter ($440.8M vs $-134.8M). Over the past eight quarters, HCI Group, Inc.'s revenue compounded faster (9.2% CAGR vs -26.8%).

HCI Equity Partners is a Washington, DC–based private equity firm with an additional office in Chicago, Illinois.

New Fortress Energy Inc. is a global energy infrastructure firm developing, owning and operating LNG import/export terminals, natural gas supply networks and low-carbon projects. It serves utility, industrial and public sector clients across the Americas and Caribbean, delivering affordable, lower-emission energy resources.

HCI vs NFE — Head-to-Head

Bigger by revenue
NFE
NFE
1.3× larger
NFE
$326.2M
$246.2M
HCI
Growing faster (revenue YoY)
HCI
HCI
+59.1% gap
HCI
52.1%
-7.0%
NFE
Higher net margin
HCI
HCI
299.3% more per $
HCI
39.7%
-259.7%
NFE
More free cash flow
HCI
HCI
$575.6M more FCF
HCI
$440.8M
$-134.8M
NFE
Faster 2-yr revenue CAGR
HCI
HCI
Annualised
HCI
9.2%
-26.8%
NFE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
HCI
HCI
NFE
NFE
Revenue
$246.2M
$326.2M
Net Profit
$97.7M
$-847.1M
Gross Margin
35.5%
Operating Margin
58.5%
-193.0%
Net Margin
39.7%
-259.7%
Revenue YoY
52.1%
-7.0%
Net Profit YoY
3679.2%
-277.4%
EPS (diluted)
$7.29
$-3.03

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
HCI
HCI
NFE
NFE
Q4 25
$246.2M
$326.2M
Q3 25
$216.3M
$240.3M
Q2 25
$221.9M
$228.1M
Q1 25
$216.4M
$384.9M
Q4 24
$161.9M
$350.7M
Q3 24
$175.3M
$446.0M
Q2 24
$206.2M
$291.2M
Q1 24
$206.6M
$609.5M
Net Profit
HCI
HCI
NFE
NFE
Q4 25
$97.7M
$-847.1M
Q3 25
$65.5M
$-263.0M
Q2 25
$66.2M
$-546.5M
Q1 25
$69.7M
$-175.4M
Q4 24
$2.6M
$-224.4M
Q3 24
$5.7M
$9.3M
Q2 24
$54.1M
$-88.9M
Q1 24
$47.6M
$54.1M
Gross Margin
HCI
HCI
NFE
NFE
Q4 25
35.5%
Q3 25
18.1%
Q2 25
8.4%
Q1 25
21.4%
Q4 24
17.6%
Q3 24
27.1%
Q2 24
23.8%
Q1 24
62.4%
Operating Margin
HCI
HCI
NFE
NFE
Q4 25
58.5%
-193.0%
Q3 25
41.9%
-37.4%
Q2 25
42.5%
-170.3%
Q1 25
46.4%
-3.3%
Q4 24
3.6%
65.0%
Q3 24
8.0%
17.8%
Q2 24
36.9%
12.3%
Q1 24
37.5%
30.4%
Net Margin
HCI
HCI
NFE
NFE
Q4 25
39.7%
-259.7%
Q3 25
30.3%
-109.4%
Q2 25
29.8%
-239.6%
Q1 25
32.2%
-45.6%
Q4 24
1.6%
-64.0%
Q3 24
3.2%
2.1%
Q2 24
26.2%
-30.5%
Q1 24
23.0%
8.9%
EPS (diluted)
HCI
HCI
NFE
NFE
Q4 25
$7.29
$-3.03
Q3 25
$4.90
$-0.96
Q2 25
$5.18
$-1.99
Q1 25
$5.35
$-0.65
Q4 24
$0.32
$-1.10
Q3 24
$0.52
$0.03
Q2 24
$4.24
$-0.42
Q1 24
$3.81
$0.23

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
HCI
HCI
NFE
NFE
Cash + ST InvestmentsLiquidity on hand
$1.2B
$226.5M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$1.0B
$182.6M
Total Assets
$2.5B
$10.6B
Debt / EquityLower = less leverage
44.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
HCI
HCI
NFE
NFE
Q4 25
$1.2B
$226.5M
Q3 25
$987.9M
$145.2M
Q2 25
$947.2M
$551.1M
Q1 25
$754.5M
$447.9M
Q4 24
$532.5M
$492.9M
Q3 24
$518.8M
$90.8M
Q2 24
$445.8M
$133.0M
Q1 24
$655.4M
$143.5M
Total Debt
HCI
HCI
NFE
NFE
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
HCI
HCI
NFE
NFE
Q4 25
$1.0B
$182.6M
Q3 25
$821.8M
$1.1B
Q2 25
$758.6M
$1.3B
Q1 25
$522.7M
$1.8B
Q4 24
$453.3M
$1.9B
Q3 24
$455.3M
$1.6B
Q2 24
$447.3M
$1.6B
Q1 24
$395.7M
$1.7B
Total Assets
HCI
HCI
NFE
NFE
Q4 25
$2.5B
$10.6B
Q3 25
$2.3B
$12.0B
Q2 25
$2.4B
$12.0B
Q1 25
$2.3B
$13.1B
Q4 24
$2.2B
$12.9B
Q3 24
$2.0B
$12.0B
Q2 24
$1.9B
$11.4B
Q1 24
$1.8B
$10.9B
Debt / Equity
HCI
HCI
NFE
NFE
Q4 25
44.78×
Q3 25
Q2 25
Q1 25
Q4 24
4.74×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
HCI
HCI
NFE
NFE
Operating Cash FlowLast quarter
$444.4M
$-76.2M
Free Cash FlowOCF − Capex
$440.8M
$-134.8M
FCF MarginFCF / Revenue
179.0%
-41.3%
Capex IntensityCapex / Revenue
1.5%
18.0%
Cash ConversionOCF / Net Profit
4.55×
TTM Free Cash FlowTrailing 4 quarters
$771.4M
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
HCI
HCI
NFE
NFE
Q4 25
$444.4M
$-76.2M
Q3 25
$26.7M
$-171.0M
Q2 25
$145.0M
$-329.0M
Q1 25
$162.0M
$-7.2M
Q4 24
$331.8M
$445.3M
Q3 24
$104.1M
$-20.0M
Q2 24
$-29.0M
$113.9M
Q1 24
$182.0M
$63.0M
Free Cash Flow
HCI
HCI
NFE
NFE
Q4 25
$440.8M
$-134.8M
Q3 25
$25.9M
$-231.6M
Q2 25
$144.5M
$-726.7M
Q1 25
$160.3M
$-262.3M
Q4 24
$327.8M
$-210.3M
Q3 24
$103.2M
$-367.0M
Q2 24
$-30.1M
$-493.2M
Q1 24
$181.0M
$-457.9M
FCF Margin
HCI
HCI
NFE
NFE
Q4 25
179.0%
-41.3%
Q3 25
12.0%
-96.4%
Q2 25
65.1%
-318.6%
Q1 25
74.1%
-68.2%
Q4 24
202.5%
-60.0%
Q3 24
58.9%
-82.3%
Q2 24
-14.6%
-169.3%
Q1 24
87.6%
-75.1%
Capex Intensity
HCI
HCI
NFE
NFE
Q4 25
1.5%
18.0%
Q3 25
0.4%
25.2%
Q2 25
0.2%
174.4%
Q1 25
0.8%
66.3%
Q4 24
2.5%
187.0%
Q3 24
0.5%
77.8%
Q2 24
0.5%
208.4%
Q1 24
0.5%
85.5%
Cash Conversion
HCI
HCI
NFE
NFE
Q4 25
4.55×
Q3 25
0.41×
Q2 25
2.19×
Q1 25
2.32×
Q4 24
128.41×
Q3 24
18.33×
-2.15×
Q2 24
-0.54×
Q1 24
3.82×
1.16×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

HCI
HCI

Insurance Operation$218.3M89%
Reciprocal Exchange Operation$27.0M11%

NFE
NFE

Segment breakdown not available.

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