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Side-by-side financial comparison of New Fortress Energy Inc. (NFE) and Smith Douglas Homes Corp. (SDHC). 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 $260.4M, roughly 1.3× Smith Douglas Homes Corp.). Smith Douglas Homes Corp. runs the higher net margin — 1.4% vs -259.7%, a 261.0% gap on every dollar of revenue. On growth, New Fortress Energy Inc. posted the faster year-over-year revenue change (-7.0% vs -9.4%). Smith Douglas Homes Corp. produced more free cash flow last quarter ($8.7M vs $-134.8M). Over the past eight quarters, Smith Douglas Homes Corp.'s revenue compounded faster (17.3% 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.
Smith & Wesson Brands, Inc. (S&W) is an American firearm manufacturer headquartered in Maryville, Tennessee, United States.
NFE vs SDHC — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $326.2M | $260.4M |
| Net Profit | $-847.1M | $3.5M |
| Gross Margin | 35.5% | 19.9% |
| Operating Margin | -193.0% | 6.5% |
| Net Margin | -259.7% | 1.4% |
| Revenue YoY | -7.0% | -9.4% |
| Net Profit YoY | -277.4% | -14.3% |
| EPS (diluted) | $-3.03 | $0.39 |
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.
| Q4 25 | $326.2M | $260.4M | ||
| Q3 25 | $240.3M | $262.0M | ||
| Q2 25 | $228.1M | $223.9M | ||
| Q1 25 | $384.9M | $224.7M | ||
| Q4 24 | $350.7M | $287.5M | ||
| Q3 24 | $446.0M | $277.8M | ||
| Q2 24 | $291.2M | $220.9M | ||
| Q1 24 | $609.5M | $189.2M |
| Q4 25 | $-847.1M | $3.5M | ||
| Q3 25 | $-263.0M | $2.1M | ||
| Q2 25 | $-546.5M | $2.4M | ||
| Q1 25 | $-175.4M | $2.7M | ||
| Q4 24 | $-224.4M | $4.1M | ||
| Q3 24 | $9.3M | $5.3M | ||
| Q2 24 | $-88.9M | $3.6M | ||
| Q1 24 | $54.1M | $3.0M |
| Q4 25 | 35.5% | 19.9% | ||
| Q3 25 | 18.1% | 21.0% | ||
| Q2 25 | 8.4% | 23.2% | ||
| Q1 25 | 21.4% | 23.8% | ||
| Q4 24 | 17.6% | 25.5% | ||
| Q3 24 | 27.1% | 26.5% | ||
| Q2 24 | 23.8% | 26.7% | ||
| Q1 24 | 62.4% | 26.1% |
| Q4 25 | -193.0% | 6.5% | ||
| Q3 25 | -37.4% | 6.6% | ||
| Q2 25 | -170.3% | 7.7% | ||
| Q1 25 | -3.3% | 8.7% | ||
| Q4 24 | 65.0% | 10.4% | ||
| Q3 24 | 17.8% | 14.2% | ||
| Q2 24 | 12.3% | 11.7% | ||
| Q1 24 | 30.4% | 11.3% |
| Q4 25 | -259.7% | 1.4% | ||
| Q3 25 | -109.4% | 0.8% | ||
| Q2 25 | -239.6% | 1.1% | ||
| Q1 25 | -45.6% | 1.2% | ||
| Q4 24 | -64.0% | 1.4% | ||
| Q3 24 | 2.1% | 1.9% | ||
| Q2 24 | -30.5% | 1.7% | ||
| Q1 24 | 8.9% | 1.6% |
| Q4 25 | $-3.03 | $0.39 | ||
| Q3 25 | $-0.96 | $0.24 | ||
| Q2 25 | $-1.99 | $0.26 | ||
| Q1 25 | $-0.65 | $0.30 | ||
| Q4 24 | $-1.10 | $0.50 | ||
| Q3 24 | $0.03 | $0.58 | ||
| Q2 24 | $-0.42 | $0.40 | ||
| Q1 24 | $0.23 | $0.33 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $226.5M | $12.7M |
| Total DebtLower is stronger | $8.2B | — |
| Stockholders' EquityBook value | $182.6M | $86.7M |
| Total Assets | $10.6B | $557.6M |
| Debt / EquityLower = less leverage | 44.78× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $226.5M | $12.7M | ||
| Q3 25 | $145.2M | $14.8M | ||
| Q2 25 | $551.1M | $16.8M | ||
| Q1 25 | $447.9M | $12.7M | ||
| Q4 24 | $492.9M | $22.4M | ||
| Q3 24 | $90.8M | $23.7M | ||
| Q2 24 | $133.0M | $17.3M | ||
| Q1 24 | $143.5M | $32.8M |
| Q4 25 | $8.2B | — | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | $8.9B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $182.6M | $86.7M | ||
| Q3 25 | $1.1B | $82.2M | ||
| Q2 25 | $1.3B | $80.0M | ||
| Q1 25 | $1.8B | $76.9M | ||
| Q4 24 | $1.9B | $73.6M | ||
| Q3 24 | $1.6B | $68.4M | ||
| Q2 24 | $1.6B | $62.1M | ||
| Q1 24 | $1.7B | $59.7M |
| Q4 25 | $10.6B | $557.6M | ||
| Q3 25 | $12.0B | $571.6M | ||
| Q2 25 | $12.0B | $570.2M | ||
| Q1 25 | $13.1B | $513.9M | ||
| Q4 24 | $12.9B | $475.9M | ||
| Q3 24 | $12.0B | $460.1M | ||
| Q2 24 | $11.4B | $429.3M | ||
| Q1 24 | $10.9B | $401.3M |
| 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 | | |
|---|---|---|
| Operating Cash FlowLast quarter | $-76.2M | $9.8M |
| Free Cash FlowOCF − Capex | $-134.8M | $8.7M |
| FCF MarginFCF / Revenue | -41.3% | 3.4% |
| Capex IntensityCapex / Revenue | 18.0% | 0.4% |
| Cash ConversionOCF / Net Profit | — | 2.77× |
| TTM Free Cash FlowTrailing 4 quarters | $-1.4B | $-36.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $-76.2M | $9.8M | ||
| Q3 25 | $-171.0M | $22.8M | ||
| Q2 25 | $-329.0M | $-28.9M | ||
| Q1 25 | $-7.2M | $-34.9M | ||
| Q4 24 | $445.3M | $5.5M | ||
| Q3 24 | $-20.0M | $22.9M | ||
| Q2 24 | $113.9M | $39.0K | ||
| Q1 24 | $63.0M | $-9.3M |
| Q4 25 | $-134.8M | $8.7M | ||
| Q3 25 | $-231.6M | $21.4M | ||
| Q2 25 | $-726.7M | $-31.1M | ||
| Q1 25 | $-262.3M | $-35.9M | ||
| Q4 24 | $-210.3M | $4.8M | ||
| Q3 24 | $-367.0M | $22.3M | ||
| Q2 24 | $-493.2M | $-2.1M | ||
| Q1 24 | $-457.9M | $-9.7M |
| Q4 25 | -41.3% | 3.4% | ||
| Q3 25 | -96.4% | 8.2% | ||
| Q2 25 | -318.6% | -13.9% | ||
| Q1 25 | -68.2% | -16.0% | ||
| Q4 24 | -60.0% | 1.7% | ||
| Q3 24 | -82.3% | 8.0% | ||
| Q2 24 | -169.3% | -1.0% | ||
| Q1 24 | -75.1% | -5.1% |
| Q4 25 | 18.0% | 0.4% | ||
| Q3 25 | 25.2% | 0.5% | ||
| Q2 25 | 174.4% | 0.9% | ||
| Q1 25 | 66.3% | 0.5% | ||
| Q4 24 | 187.0% | 0.2% | ||
| Q3 24 | 77.8% | 0.2% | ||
| Q2 24 | 208.4% | 1.0% | ||
| Q1 24 | 85.5% | 0.2% |
| Q4 25 | — | 2.77× | ||
| Q3 25 | — | 10.70× | ||
| Q2 25 | — | -12.24× | ||
| Q1 25 | — | -13.01× | ||
| Q4 24 | — | 1.33× | ||
| Q3 24 | -2.15× | 4.28× | ||
| Q2 24 | — | 0.01× | ||
| Q1 24 | 1.16× | -3.12× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
NFE
Segment breakdown not available.
SDHC
| Southeast | $164.7M | 63% |
| Central | $95.8M | 37% |
