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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and SAFETY INSURANCE GROUP INC (SAFT). 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 $319.3M, roughly 1.0× SAFETY INSURANCE GROUP INC). SAFETY INSURANCE GROUP INC runs the higher net margin — 6.3% vs -259.7%, a 266.0% gap on every dollar of revenue. On growth, SAFETY INSURANCE GROUP INC posted the faster year-over-year revenue change (11.4% vs -7.0%). SAFETY INSURANCE GROUP INC produced more free cash flow last quarter ($192.0M vs $-134.8M). Over the past eight quarters, SAFETY INSURANCE GROUP INC's revenue compounded faster (9.1% 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.

Nationwide Mutual Insurance Company and affiliated companies, commonly shortened to Nationwide, is a group of large U.S. insurance and financial services companies based in Columbus, Ohio. The company also operates regional headquarters in Scottsdale, Arizona and Des Moines, Iowa. Nationwide currently has approximately 24,000 employees, and is ranked No. 72 in the 2025 Fortune 500 list.

NFE vs SAFT — Head-to-Head

Bigger by revenue
NFE
NFE
1.0× larger
NFE
$326.2M
$319.3M
SAFT
Growing faster (revenue YoY)
SAFT
SAFT
+18.4% gap
SAFT
11.4%
-7.0%
NFE
Higher net margin
SAFT
SAFT
266.0% more per $
SAFT
6.3%
-259.7%
NFE
More free cash flow
SAFT
SAFT
$326.8M more FCF
SAFT
$192.0M
$-134.8M
NFE
Faster 2-yr revenue CAGR
SAFT
SAFT
Annualised
SAFT
9.1%
-26.8%
NFE

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
NFE
NFE
SAFT
SAFT
Revenue
$326.2M
$319.3M
Net Profit
$-847.1M
$20.1M
Gross Margin
35.5%
Operating Margin
-193.0%
8.0%
Net Margin
-259.7%
6.3%
Revenue YoY
-7.0%
11.4%
Net Profit YoY
-277.4%
147.3%
EPS (diluted)
$-3.03
$1.36

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
SAFT
SAFT
Q4 25
$326.2M
$319.3M
Q3 25
$240.3M
$326.6M
Q2 25
$228.1M
$316.3M
Q1 25
$384.9M
$301.4M
Q4 24
$350.7M
$286.7M
Q3 24
$446.0M
$295.3M
Q2 24
$291.2M
$269.8M
Q1 24
$609.5M
$268.2M
Net Profit
NFE
NFE
SAFT
SAFT
Q4 25
$-847.1M
$20.1M
Q3 25
$-263.0M
$28.3M
Q2 25
$-546.5M
$28.9M
Q1 25
$-175.4M
$21.9M
Q4 24
$-224.4M
$8.1M
Q3 24
$9.3M
$25.9M
Q2 24
$-88.9M
$16.6M
Q1 24
$54.1M
$20.1M
Gross Margin
NFE
NFE
SAFT
SAFT
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
NFE
NFE
SAFT
SAFT
Q4 25
-193.0%
8.0%
Q3 25
-37.4%
11.1%
Q2 25
-170.3%
11.6%
Q1 25
-3.3%
9.4%
Q4 24
65.0%
3.5%
Q3 24
17.8%
11.1%
Q2 24
12.3%
7.9%
Q1 24
30.4%
9.5%
Net Margin
NFE
NFE
SAFT
SAFT
Q4 25
-259.7%
6.3%
Q3 25
-109.4%
8.7%
Q2 25
-239.6%
9.1%
Q1 25
-45.6%
7.3%
Q4 24
-64.0%
2.8%
Q3 24
2.1%
8.8%
Q2 24
-30.5%
6.2%
Q1 24
8.9%
7.5%
EPS (diluted)
NFE
NFE
SAFT
SAFT
Q4 25
$-3.03
$1.36
Q3 25
$-0.96
$1.91
Q2 25
$-1.99
$1.95
Q1 25
$-0.65
$1.48
Q4 24
$-1.10
$0.56
Q3 24
$0.03
$1.73
Q2 24
$-0.42
$1.13
Q1 24
$0.23
$1.36

Balance Sheet & Financial Strength

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

Metric
NFE
NFE
SAFT
SAFT
Cash + ST InvestmentsLiquidity on hand
$226.5M
$73.9M
Total DebtLower is stronger
$8.2B
$50.0M
Stockholders' EquityBook value
$182.6M
$892.3M
Total Assets
$10.6B
$2.5B
Debt / EquityLower = less leverage
44.78×
0.06×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NFE
NFE
SAFT
SAFT
Q4 25
$226.5M
$73.9M
Q3 25
$145.2M
$56.2M
Q2 25
$551.1M
$49.4M
Q1 25
$447.9M
$64.7M
Q4 24
$492.9M
$59.0M
Q3 24
$90.8M
$82.3M
Q2 24
$133.0M
$44.6M
Q1 24
$143.5M
$30.8M
Total Debt
NFE
NFE
SAFT
SAFT
Q4 25
$8.2B
$50.0M
Q3 25
$30.0M
Q2 25
$30.0M
Q1 25
$30.0M
Q4 24
$8.9B
Q3 24
Q2 24
Q1 24
Stockholders' Equity
NFE
NFE
SAFT
SAFT
Q4 25
$182.6M
$892.3M
Q3 25
$1.1B
$899.6M
Q2 25
$1.3B
$873.3M
Q1 25
$1.8B
$850.7M
Q4 24
$1.9B
$828.5M
Q3 24
$1.6B
$851.4M
Q2 24
$1.6B
$810.2M
Q1 24
$1.7B
$807.1M
Total Assets
NFE
NFE
SAFT
SAFT
Q4 25
$10.6B
$2.5B
Q3 25
$12.0B
$2.4B
Q2 25
$12.0B
$2.4B
Q1 25
$13.1B
$2.3B
Q4 24
$12.9B
$2.3B
Q3 24
$12.0B
$2.3B
Q2 24
$11.4B
$2.2B
Q1 24
$10.9B
$2.1B
Debt / Equity
NFE
NFE
SAFT
SAFT
Q4 25
44.78×
0.06×
Q3 25
0.03×
Q2 25
0.03×
Q1 25
0.04×
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
SAFT
SAFT
Operating Cash FlowLast quarter
$-76.2M
$194.5M
Free Cash FlowOCF − Capex
$-134.8M
$192.0M
FCF MarginFCF / Revenue
-41.3%
60.1%
Capex IntensityCapex / Revenue
18.0%
0.8%
Cash ConversionOCF / Net Profit
9.67×
TTM Free Cash FlowTrailing 4 quarters
$-1.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NFE
NFE
SAFT
SAFT
Q4 25
$-76.2M
$194.5M
Q3 25
$-171.0M
$85.5M
Q2 25
$-329.0M
$32.3M
Q1 25
$-7.2M
$3.2M
Q4 24
$445.3M
$128.7M
Q3 24
$-20.0M
$73.8M
Q2 24
$113.9M
$25.6M
Q1 24
$63.0M
$-21.1M
Free Cash Flow
NFE
NFE
SAFT
SAFT
Q4 25
$-134.8M
$192.0M
Q3 25
$-231.6M
Q2 25
$-726.7M
$32.3M
Q1 25
$-262.3M
$2.8M
Q4 24
$-210.3M
$124.3M
Q3 24
$-367.0M
$73.2M
Q2 24
$-493.2M
$25.0M
Q1 24
$-457.9M
$-24.2M
FCF Margin
NFE
NFE
SAFT
SAFT
Q4 25
-41.3%
60.1%
Q3 25
-96.4%
Q2 25
-318.6%
10.2%
Q1 25
-68.2%
0.9%
Q4 24
-60.0%
43.4%
Q3 24
-82.3%
24.8%
Q2 24
-169.3%
9.3%
Q1 24
-75.1%
-9.0%
Capex Intensity
NFE
NFE
SAFT
SAFT
Q4 25
18.0%
0.8%
Q3 25
25.2%
0.0%
Q2 25
174.4%
0.0%
Q1 25
66.3%
0.1%
Q4 24
187.0%
1.5%
Q3 24
77.8%
0.2%
Q2 24
208.4%
0.2%
Q1 24
85.5%
1.1%
Cash Conversion
NFE
NFE
SAFT
SAFT
Q4 25
9.67×
Q3 25
3.02×
Q2 25
1.12×
Q1 25
0.14×
Q4 24
15.83×
Q3 24
-2.15×
2.85×
Q2 24
1.54×
Q1 24
1.16×
-1.05×

Financial Flow Comparison

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

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