Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026)
Cheniere Energy Partners (CQP) reported Gross Margin of 23.28% for Q1 2026, down 7672.0% on a YoY basis from 0.31% in Q1 2025, and down 90.44% sequentially from 243.37% in Q4 2025.
Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026) Analysis & Trends
Cheniere Energy Partners (CQP) has 12 years of Gross Margin data on file, last reported at 23.28% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 7672.0% year-over-year to 23.28%; the trailing twelve-month figure through Mar 2026 stood at 101.88% (up 4685.0% YoY), and the FY2025 full-year result was 99.95%, up 4102.0% from the prior year.
- Gross Margin declined to 23.28% in Q1 2026, from 243.37% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 243.37% in Q4 2025 to a low of 44.8% in Q4 2024.
- A 5-year average of 72.77% and a median of 67.86% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 10291 bps in 2024 and surged 28816 bps in 2025, its largest moves.
- Tracing CQP's Gross Margin over 5 years: stood at 100.0% in 2022, then slumped by 42 bps to 58.12% in 2023, then plunged by 177 bps to 44.8% in 2024, then soared by 643 bps to 243.37% in 2025, then sank by 90 bps to 23.28% in 2026.
- Business Quant data shows CQP's Gross Margin at 23.28% in Q1 2026, 243.37% in Q4 2025, and 100.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | Cheniere Energy Partners | 32.19 Bn | 32.16 Bn | 838.00 Mn | 23.28% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.28% |
| Dec 31, 2025 | 243.37% |
| Sep 30, 2025 | 100.00% |
| Jun 30, 2025 | 51.28% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | -44.80% |
| Sep 30, 2024 | 99.85% |
| Jun 30, 2024 | 65.10% |
| Mar 31, 2024 | 57.82% |
| Dec 31, 2023 | 58.12% |
| Sep 30, 2023 | 67.86% |
| Jun 30, 2023 | 68.75% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 23.42% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | 99.85% |
| Sep 30, 2021 | 42.25% |
| Jun 30, 2021 | 99.68% |