Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026)
Cheniere Energy Partners (CQP) posted Gross Margin of 23.28% for Q1 2026, down 90.44% sequentially from 243.37% in Q4 2025, and down 7672.0% YoY from 0.31% in Q1 2025.
Cheniere Energy Partners (CQP) Gross Margin (2015 - 2026) Analysis & Trends
Cheniere Energy Partners has reported Gross Margin for 12 years, with the latest figure at 23.28% in 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 101.88% (up 4685.0% YoY) and the FY2025 annual result came in at 99.95%, up 4102.0% from the prior year.
- Gross Margin declined to 23.28% in Q1 2026 per CQP's latest filing, from 243.37% in the prior quarter.
- Over five years, Gross Margin peaked at 243.37% in Q4 2025 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: Gross Margin tumbled 10291 bps in 2024, then jumped 28816 bps in 2025.
- Over 5 years, Gross Margin stood at 100.0% in 2022, then sank by 42 bps to 58.12% in 2023, then tumbled by 177 bps to 44.8% in 2024, then soared by 643 bps to 243.37% in 2025, then plunged by 90 bps to 23.28% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 23.28%, 243.37%, and 100.0% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 68.62% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | - |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 92.34% |
| 10 | Cheniere Energy Partners | 32.73 Bn | 32.29 Bn | 1.82 Bn | 70.38% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 70.38% |
| 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% |