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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and POWELL INDUSTRIES INC (POWL). 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 $251.2M, roughly 1.3× POWELL INDUSTRIES INC). POWELL INDUSTRIES INC runs the higher net margin — 16.5% vs -259.7%, a 276.1% gap on every dollar of revenue. On growth, POWELL INDUSTRIES INC posted the faster year-over-year revenue change (4.0% vs -7.0%). POWELL INDUSTRIES INC produced more free cash flow last quarter ($41.6M vs $-134.8M). Over the past eight quarters, POWELL INDUSTRIES INC's revenue compounded faster (-0.8% CAGR vs -26.8%).

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.

Powell Industries, Inc. is a manufacturer of Integrated/Packaged Solutions and Electrical Equipment to monitor and control the distribution of electrical power in commercial and industrial markets founded in 1947. Its headquarters is in Houston, Texas.

NFE vs POWL — Head-to-Head

Bigger by revenue
NFE
NFE
1.3× larger
NFE
$326.2M
$251.2M
POWL
Growing faster (revenue YoY)
POWL
POWL
+11.0% gap
POWL
4.0%
-7.0%
NFE
Higher net margin
POWL
POWL
276.1% more per $
POWL
16.5%
-259.7%
NFE
More free cash flow
POWL
POWL
$176.4M more FCF
POWL
$41.6M
$-134.8M
NFE
Faster 2-yr revenue CAGR
POWL
POWL
Annualised
POWL
-0.8%
-26.8%
NFE

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
NFE
NFE
POWL
POWL
Revenue
$326.2M
$251.2M
Net Profit
$-847.1M
$41.4M
Gross Margin
35.5%
28.4%
Operating Margin
-193.0%
17.0%
Net Margin
-259.7%
16.5%
Revenue YoY
-7.0%
4.0%
Net Profit YoY
-277.4%
19.1%
EPS (diluted)
$-3.03
$3.40

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
NFE
NFE
POWL
POWL
Q4 25
$326.2M
$251.2M
Q3 25
$240.3M
$298.0M
Q2 25
$228.1M
$286.3M
Q1 25
$384.9M
$278.6M
Q4 24
$350.7M
$241.4M
Q3 24
$446.0M
$275.1M
Q2 24
$291.2M
$288.2M
Q1 24
$609.5M
$255.1M
Net Profit
NFE
NFE
POWL
POWL
Q4 25
$-847.1M
$41.4M
Q3 25
$-263.0M
$51.4M
Q2 25
$-546.5M
$48.2M
Q1 25
$-175.4M
$46.3M
Q4 24
$-224.4M
$34.8M
Q3 24
$9.3M
$46.1M
Q2 24
$-88.9M
$46.2M
Q1 24
$54.1M
$33.5M
Gross Margin
NFE
NFE
POWL
POWL
Q4 25
35.5%
28.4%
Q3 25
18.1%
31.4%
Q2 25
8.4%
30.7%
Q1 25
21.4%
29.9%
Q4 24
17.6%
24.7%
Q3 24
27.1%
29.2%
Q2 24
23.8%
28.4%
Q1 24
62.4%
24.6%
Operating Margin
NFE
NFE
POWL
POWL
Q4 25
-193.0%
17.0%
Q3 25
-37.4%
21.2%
Q2 25
-170.3%
21.0%
Q1 25
-3.3%
21.1%
Q4 24
65.0%
14.7%
Q3 24
17.8%
20.4%
Q2 24
12.3%
19.9%
Q1 24
30.4%
15.5%
Net Margin
NFE
NFE
POWL
POWL
Q4 25
-259.7%
16.5%
Q3 25
-109.4%
17.3%
Q2 25
-239.6%
16.8%
Q1 25
-45.6%
16.6%
Q4 24
-64.0%
14.4%
Q3 24
2.1%
16.7%
Q2 24
-30.5%
16.0%
Q1 24
8.9%
13.1%
EPS (diluted)
NFE
NFE
POWL
POWL
Q4 25
$-3.03
$3.40
Q3 25
$-0.96
$4.23
Q2 25
$-1.99
$3.96
Q1 25
$-0.65
$3.81
Q4 24
$-1.10
$2.86
Q3 24
$0.03
$3.77
Q2 24
$-0.42
$3.79
Q1 24
$0.23
$2.75

Balance Sheet & Financial Strength

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

Metric
NFE
NFE
POWL
POWL
Cash + ST InvestmentsLiquidity on hand
$226.5M
$500.8M
Total DebtLower is stronger
$8.2B
Stockholders' EquityBook value
$182.6M
$668.9M
Total Assets
$10.6B
$1.1B
Debt / EquityLower = less leverage
44.78×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NFE
NFE
POWL
POWL
Q4 25
$226.5M
$500.8M
Q3 25
$145.2M
$475.5M
Q2 25
$551.1M
$433.0M
Q1 25
$447.9M
$389.3M
Q4 24
$492.9M
$373.4M
Q3 24
$90.8M
$358.4M
Q2 24
$133.0M
$374.0M
Q1 24
$143.5M
$365.3M
Total Debt
NFE
NFE
POWL
POWL
Q4 25
$8.2B
Q3 25
Q2 25
Q1 25
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NFE
NFE
POWL
POWL
Q4 25
$182.6M
$668.9M
Q3 25
$1.1B
$640.8M
Q2 25
$1.3B
$594.9M
Q1 25
$1.8B
$541.4M
Q4 24
$1.9B
$496.3M
Q3 24
$1.6B
$483.1M
Q2 24
$1.6B
$436.7M
Q1 24
$1.7B
$393.8M
Total Assets
NFE
NFE
POWL
POWL
Q4 25
$10.6B
$1.1B
Q3 25
$12.0B
$1.1B
Q2 25
$12.0B
$1.0B
Q1 25
$13.1B
$965.4M
Q4 24
$12.9B
$912.7M
Q3 24
$12.0B
$928.2M
Q2 24
$11.4B
$869.0M
Q1 24
$10.9B
$849.6M
Debt / Equity
NFE
NFE
POWL
POWL
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
NFE
NFE
POWL
POWL
Operating Cash FlowLast quarter
$-76.2M
$43.6M
Free Cash FlowOCF − Capex
$-134.8M
$41.6M
FCF MarginFCF / Revenue
-41.3%
16.6%
Capex IntensityCapex / Revenue
18.0%
0.8%
Cash ConversionOCF / Net Profit
1.05×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B
$161.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NFE
NFE
POWL
POWL
Q4 25
$-76.2M
$43.6M
Q3 25
$-171.0M
$61.1M
Q2 25
$-329.0M
$47.4M
Q1 25
$-7.2M
$22.4M
Q4 24
$445.3M
$37.1M
Q3 24
$-20.0M
$-6.0M
Q2 24
$113.9M
$13.8M
Q1 24
$63.0M
$17.0M
Free Cash Flow
NFE
NFE
POWL
POWL
Q4 25
$-134.8M
$41.6M
Q3 25
$-231.6M
$59.3M
Q2 25
$-726.7M
$42.3M
Q1 25
$-262.3M
$18.3M
Q4 24
$-210.3M
$34.9M
Q3 24
$-367.0M
$-14.4M
Q2 24
$-493.2M
$12.4M
Q1 24
$-457.9M
$16.1M
FCF Margin
NFE
NFE
POWL
POWL
Q4 25
-41.3%
16.6%
Q3 25
-96.4%
19.9%
Q2 25
-318.6%
14.8%
Q1 25
-68.2%
6.6%
Q4 24
-60.0%
14.4%
Q3 24
-82.3%
-5.3%
Q2 24
-169.3%
4.3%
Q1 24
-75.1%
6.3%
Capex Intensity
NFE
NFE
POWL
POWL
Q4 25
18.0%
0.8%
Q3 25
25.2%
0.6%
Q2 25
174.4%
1.8%
Q1 25
66.3%
1.5%
Q4 24
187.0%
0.9%
Q3 24
77.8%
3.1%
Q2 24
208.4%
0.5%
Q1 24
85.5%
0.4%
Cash Conversion
NFE
NFE
POWL
POWL
Q4 25
1.05×
Q3 25
1.19×
Q2 25
0.98×
Q1 25
0.48×
Q4 24
1.07×
Q3 24
-2.15×
-0.13×
Q2 24
0.30×
Q1 24
1.16×
0.51×

Financial Flow Comparison

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

Revenue Breakdown by Segment

NFE
NFE

Segment breakdown not available.

POWL
POWL

Oil And Gas Service$97.9M39%
Electricity$69.3M28%
Commercial And Other Industrial$40.6M16%
Petrochemical$22.8M9%
Other Customers$12.0M5%
Light Rail Traction Power Customer$8.6M3%

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