Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026)
Cheniere Energy Partners' Gross Margin came in at 70.38% for Q2 2026, up 19.10 percentage points from 51.28% a year earlier and up 47.11 percentage points from the prior quarter.
Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cheniere Energy Partners reported Gross Margin of 49.79%, down 1.57 percentage points year-over-year; for FY2025, it was 52.18%, down 6.76 percentage points from FY2024.
- Gross Margin carries a five-year change of -7.21 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 58.94% in FY2024 (-12.68 pp), 71.62% in FY2023 (+41.94 pp), 29.68% in FY2022 (-13.18 pp) and 42.86% in FY2021 (-16.52 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q1 2023.
- Year-over-year, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -5.21 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2023 (a gain of 65.67 percentage points), and the weakest in Q3 2022 (a drop of 39.58 percentage points).
- Business Quant data shows CQP's Gross Margin at 23.28% (Q1 2026), 66.74% (Q4 2025) and 46.84% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 22.85% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | - |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 21.55% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 68.62% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 98.16% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 48.15% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 87.77% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 23.30% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 92.34% |
| 10 | Cheniere Energy Partners | 30.40 Bn | 29.37 Bn | 1.82 Bn | 70.38% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 70.38% |
| Mar 31, 2026 | 23.28% |
| Dec 31, 2025 | 66.74% |
| Sep 30, 2025 | 46.84% |
| Jun 30, 2025 | 51.28% |
| Mar 31, 2025 | 43.02% |
| Dec 31, 2024 | 52.36% |
| Sep 30, 2024 | 62.38% |
| 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 | 88.69% |
| Dec 31, 2022 | 68.48% |
| Sep 30, 2022 | 2.67% |
| Jun 30, 2022 | 23.42% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | 32.07% |
| Sep 30, 2021 | 42.25% |
Cheniere Energy Partners Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CQP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CQP", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CQP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();