Venture Global profit margin VG
Gross, operating and net profit as a share of revenue over the last twelve months, from 2024.
- Net margin, 12 months
- 22.3%
- Operating margin, 12 months
- 37.6%
- Net margin on a year earlier
- +2.3 pts
- Peer median
- 13.6%
Over the twelve months to Jun 30, 2026, Venture Global kept 22.3% of its revenue as net profit, with an operating margin of 37.6% and a gross margin of 53.5%.
The median for 10 oil and gas pipeline stocks of a similar size is 13.6%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 19.8% | 37.4% | 57.0% |
| FY2024 | 35.1% | 35.5% | 72.8% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 22.3% | +2.3 pts | 37.6% | |
| Q1 FY26 | 18.4% | −5.9 pts | 33.8% | |
| Q4 FY25 | 19.8% | −15.3 pts | 37.4% | |
| Q3 FY25 | 23.3% | n/a | 37.2% | |
| Q2 FY25 | 20.0% | n/a | 34.4% | |
| Q1 FY25 | 24.3% | n/a | 34.5% | |
| Q4 FY24 | 35.1% | n/a | 35.5% | |
| Q3 FY24 | n/a | n/a | n/a | |
| Q2 FY24 | n/a | n/a | n/a | |
| Q1 FY24 | n/a | n/a | n/a |
Against its peers
Companies in Oil & Gas Midstream nearest Venture Global's size, closest first, today.
| Company | Profit margin |
|---|---|
| VGVenture Global | 22.3% |
| CQPCheniere Energy Partners | 27.3% |
| MPLXMPLX Lp | n/m |
| OKEONEOK | 9.3% |
| LNGCheniere Energy | 13.6% |
| TRGPTarga Resources | 13.5% |
| WESWestern Midstream Partners | 29.6% |
| ETEnergy Transfer | 4.9% |
| KMIKinder Morgan | 19.3% |
| EPDEnterprise Products Partners | 10.8% |
| WMBWilliams Companies | 25.2% |
| Peer median | 13.6% |
Where Venture Global 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 Venture Global
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.