Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026)
Cheniere Energy Partners (CQP) reported Gross Margin of 23.28% for Q1 2026, down 7672.0% year-over-year 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' Gross Margin history runs 12 years deep, the most recent figure standing at 23.28% for Q1 2026.
- Quarterly Gross Margin fell 7672.0% year-over-year to 23.28% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 101.13% (up 947.0% YoY) and the FY2025 annual result came in at 99.95%, up 14.0% from the prior year.
- Gross Margin was 23.28% for Q1 2026 at Cheniere Energy Partners, down 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 2.67% in Q3 2022.
- Median Gross Margin over the past 5 years was 99.84% (2024), compared with a mean of 85.8%.
- On a YoY basis, Gross Margin climbed as much as 16525 bps in 2022 and fell as far as 9733 bps in 2022.
- Over 5 years, Gross Margin stood at 100.0% in 2022, then plunged by 42 bps to 58.12% in 2023, then surged by 72 bps to 99.84% in 2024, then soared by 144 bps to 243.37% in 2025, then tumbled 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 46.84% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 41.12% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 63.77% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | - |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 23.85% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 41.52% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 83.61% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 26.67% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 23.28% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 94.13% |
| 10 | Plains All American Pipeline | 15.72 Bn | 15.54 Bn | 977.00 Mn | 7.83% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 23.28% |
| Dec 31, 2025 | 243.37% |
| Sep 30, 2025 | 46.84% |
| Jun 30, 2025 | 99.88% |
| Mar 31, 2025 | 100.00% |
| Dec 31, 2024 | 99.84% |
| Sep 30, 2024 | 62.38% |
| Jun 30, 2024 | 99.68% |
| Mar 31, 2024 | 99.87% |
| Dec 31, 2023 | 58.12% |
| Sep 30, 2023 | 99.77% |
| Jun 30, 2023 | 99.90% |
| Mar 31, 2023 | 100.00% |
| Dec 31, 2022 | 100.00% |
| Sep 30, 2022 | 2.67% |
| Jun 30, 2022 | 100.00% |
| Mar 31, 2022 | 23.02% |
| Dec 31, 2021 | -65.25% |
| Sep 30, 2021 | 100.00% |
| Jun 30, 2021 | 99.68% |