Cheniere Energy profit margin LNG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2011.
- Net margin, 12 months
- 13.6%
- Operating margin, 12 months
- 29.9%
- Net margin on a year earlier
- −7.5 pts
- Peer median
- 19.3%
Over the twelve months to Jun 30, 2026, Cheniere Energy kept 13.6% of its revenue as net profit, with an operating margin of 29.9% and a gross margin of 47.8%.
Five years earlier its net margin was −5.7%.
The median for 10 oil and gas pipeline stocks of a similar size is 19.3%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 26.7% | 45.6% | 64.2% |
| FY2024 | 20.7% | 39.0% | 61.7% |
| FY2023 | 48.5% | 75.9% | 93.4% |
| FY2022 | 4.3% | 13.6% | 23.3% |
| FY2021 | −13.7% | −4.1% | 19.7% |
| FY2020 | −0.9% | 28.8% | 56.2% |
| FY2019 | 6.7% | 24.3% | 46.5% |
| FY2018 | 5.9% | 25.3% | 42.4% |
| FY2017 | −7.0% | 24.8% | 44.3% |
| FY2016 | −47.6% | −2.3% | 54.7% |
| FY2015 | n/a | n/a | n/a |
| FY2014 | n/a | n/a | n/a |
| FY2013 | n/a | n/a | n/a |
| FY2012 | n/a | −28.5% | n/a |
| FY2011 | −68.4% | 20.0% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 13.6% | −7.5 pts | 29.9% | |
| Q1 FY26 | 7.2% | −11.1 pts | 22.9% | |
| Q4 FY25 | 26.7% | +6.0 pts | 45.6% | |
| Q3 FY25 | 21.1% | −1.6 pts | 37.2% | |
| Q2 FY25 | 21.1% | −6.0 pts | 37.6% | |
| Q1 FY25 | 18.4% | −10.2 pts | 35.1% | |
| Q4 FY24 | 20.7% | −27.7 pts | 39.0% | |
| Q3 FY24 | 22.7% | −27.8 pts | 42.4% | |
| Q2 FY24 | 27.1% | −1.4 pts | 48.1% | |
| Q1 FY24 | 28.5% | +5.3 pts | 49.9% | |
| Q4 FY23 | 48.5% | +44.2 pts | 75.9% | |
| Q3 FY23 | 50.5% | +62.8 pts | 80.2% |
Against its peers
Companies in Oil & Gas Midstream nearest Cheniere Energy's size, closest first, today.
| Company | Profit margin |
|---|---|
| LNGCheniere Energy | 13.6% |
| OKEONEOK | 9.3% |
| MPLXMPLX Lp | n/m |
| TRGPTarga Resources | 13.5% |
| ETEnergy Transfer | 4.9% |
| KMIKinder Morgan | 19.3% |
| EPDEnterprise Products Partners | 10.8% |
| WMBWilliams Companies | 25.2% |
| VGVenture Global | 22.3% |
| CQPCheniere Energy Partners | 27.3% |
| WESWestern Midstream Partners | 29.6% |
| Peer median | 19.3% |
Where Cheniere Energy ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cheniere Energy
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.