NFE vs. KMI

Last updated Apr 1, 2026

Compare and contrast key facts about New Fortress Energy Inc. (NFE) and Kinder Morgan, Inc. (KMI).

Performance

NFE vs. KMI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in New Fortress Energy Inc. (NFE) and Kinder Morgan, Inc. (KMI). The values are adjusted to include any dividend payments, if applicable.

NFE vs. KMI - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019
NFE New Fortress Energy Inc.	-48.25%	-92.46%	-59.24%	-1.71%	77.41%	-54.42%	243.98%	19.89%
KMI Kinder Morgan, Inc.	23.15%	4.74%	64.42%	4.10%	21.23%	23.75%	-30.77%	21.36%

Fundamentals

Market Cap NFE : $165.86M KMI : $74.60B
EPS NFE : -$4.60 KMI : $1.32
PS Ratio NFE : 0.09 KMI : 4.40
PB Ratio NFE : 0.17 KMI : 2.39
Total Revenue (TTM) NFE : $1.78B KMI : $16.95B
Gross Profit (TTM) NFE : $575.35M KMI : $4.34B
EBITDA (TTM) NFE : -$153.11M KMI : $7.08B

Returns By Period

In the year-to-date period, NFE achieves a -48.25% return, which is significantly lower than KMI's 23.15% return.

NFE

• 1D: 2.22%
• 1M: -45.87%
• YTD: -48.25%
• 6M: -73.30%
• 1Y: -92.90%
• 3Y*: -72.60%
• 5Y*: -57.65%
• 10Y*: —

KMI

• 1D: -0.36%
• 1M: 0.78%
• YTD: 23.15%
• 6M: 20.94%
• 1Y: 22.59%
• 3Y*: 30.96%
• 5Y*: 21.44%
• 10Y*: 12.36%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

NFE vs. KMI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

NFE

NFE Risk / Return Rank: 11
NFE Sharpe Ratio Rank: 15
NFE Sortino Ratio Rank: 10
NFE Omega Ratio Rank: 10
NFE Calmar Ratio Rank: 1
NFE Martin Ratio Rank: 17

KMI

KMI Risk / Return Rank: 72
KMI Sharpe Ratio Rank: 75
KMI Sortino Ratio Rank: 65
KMI Omega Ratio Rank: 68
KMI Calmar Ratio Rank: 76
KMI Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

NFE vs. KMI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for New Fortress Energy Inc. (NFE) and Kinder Morgan, Inc. (KMI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	NFE	KMI	Difference
Sharpe ratio Return per unit of total volatility	-0.60	0.99	-1.59
Sortino ratio Return per unit of downside risk	-1.11	1.33	-2.45
Omega ratio Gain probability vs. loss probability	0.86	1.20	-0.34
Calmar ratio Return relative to maximum drawdown	-1.00	1.81	-2.82
Martin ratio Return relative to average drawdown	-1.27	4.13	-5.40
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

NFE vs. KMI - Sharpe Ratio Comparison

The current NFE Sharpe Ratio is -0.60, which is lower than the KMI Sharpe Ratio of 0.99. The chart below compares the historical Sharpe Ratios of NFE and KMI, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	NFE	KMI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.60	0.99	-1.59
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.65	0.96	-1.61
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.41	0.19	-0.59

Correlation

The correlation between NFE and KMI is 0.35, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

NFE vs. KMI - Dividend Comparison

NFE has not paid dividends to shareholders, while KMI's dividend yield for the trailing twelve months is around 3.49%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
NFE New Fortress Energy Inc.	0.00%	0.00%	1.98%	10.46%	0.94%	1.66%	0.37%	0.00%	0.00%	0.00%	0.00%	0.00%
KMI Kinder Morgan, Inc.	3.49%	4.24%	4.18%	6.38%	6.10%	6.76%	7.59%	4.49%	4.71%	2.77%	2.41%	12.94%

Drawdowns

NFE vs. KMI - Drawdown Comparison

The maximum NFE drawdown since its inception was -98.94%, which is greater than KMI's maximum drawdown of -72.70%. Use the drawdown chart below to compare losses from any high point for NFE and KMI.

Drawdown Indicators

	NFE	KMI	Difference
Max Drawdown Largest peak-to-trough decline	-98.94%	-72.70%	-26.24%
Max Drawdown (1Y) Largest decline over 1 year	-93.26%	-12.83%	-80.43%
Max Drawdown (5Y) Largest decline over 5 years	-98.94%	-20.31%	-78.63%
Max Drawdown (10Y) Largest decline over 10 years	—	-55.13%	—
Current Drawdown Current decline from peak	-98.92%	-1.58%	-97.34%
Average Drawdown Average peak-to-trough decline	-44.72%	-32.37%	-12.35%
Ulcer Index Depth and duration of drawdowns from previous peaks	73.56%	5.64%	+67.92%

Volatility

NFE vs. KMI - Volatility Comparison

New Fortress Energy Inc. (NFE) has a higher volatility of 33.62% compared to Kinder Morgan, Inc. (KMI) at 5.41%. This indicates that NFE's price experiences larger fluctuations and is considered to be riskier than KMI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NFE	KMI	Difference
Volatility (1M) Calculated over the trailing 1-month period	33.62%	5.41%	+28.21%
Volatility (6M) Calculated over the trailing 6-month period	78.90%	14.25%	+64.65%
Volatility (1Y) Calculated over the trailing 1-year period	154.63%	22.91%	+131.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	89.13%	22.47%	+66.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	83.59%	27.90%	+55.69%

Financials

NFE vs. KMI - Profitability Comparison

The chart below illustrates the profitability comparison between New Fortress Energy Inc. and Kinder Morgan, Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

NFE - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, New Fortress Energy Inc. reported a gross profit of 0.00 and revenue of 327.37M. Therefore, the gross margin over that period was 0.0%.

KMI - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported a gross profit of 0.00 and revenue of 4.51B. Therefore, the gross margin over that period was 0.0%.

NFE - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, New Fortress Energy Inc. reported an operating income of -103.59M and revenue of 327.37M, resulting in an operating margin of -31.6%.

KMI - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported an operating income of 1.36B and revenue of 4.51B, resulting in an operating margin of 30.3%.

NFE - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, New Fortress Energy Inc. reported a net income of -299.97M and revenue of 327.37M, resulting in a net margin of -91.6%.

KMI - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Kinder Morgan, Inc. reported a net income of 866.00M and revenue of 4.51B, resulting in a net margin of 19.2%.