Cheniere Energy Partners (CQP) Operating Margin (2010 - 2026)
Cheniere Energy Partners (CQP) posted Operating Margin of 10.03% for Q1 2026, down 80.14% sequentially from 50.48% in Q4 2025, and down 1761.0% YoY from 0.6% in Q1 2025.
Cheniere Energy Partners (CQP) Operating Margin (2010 - 2026) Analysis & Trends
Cheniere Energy Partners has reported Operating Margin for 17 years, with the latest figure at 10.03% in Q1 2026.
- Quarterly Operating Margin fell 1761.0% year-over-year to 10.03% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 28.51% (down 587.0% YoY) and the FY2025 annual result came in at 34.45%, down 324.0% from the prior year.
- Operating Margin retreated to 10.03% in Q1 2026 per CQP's latest filing, from 50.48% in the prior quarter.
- Over five years, Operating Margin peaked at 72.99% in Q1 2023 and troughed at 6.01% in Q3 2022.
- A 5-year average of 33.97% and a median of 38.13% in 2024 frame the typical range for Operating Margin.
- The sharpest annual moves came in 2023 and 2024: Operating Margin soared 6211 bps in 2023, then sank 3486 bps in 2024.
- Over 5 years, Operating Margin stood at 58.5% in 2022, then decreased by 30 bps to 40.99% in 2023, then slipped by 19 bps to 33.01% in 2024, then soared by 53 bps to 50.48% in 2025, then plunged by 80 bps to 10.03% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 10.03%, 50.48%, and 28.95% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kinder Morgan | 112.69 Bn | 112.57 Bn | 3.07 Bn | 30.06% |
| 2 | Enbridge | 111.03 Bn | 109.54 Bn | 5.23 Bn | 9.93% |
| 3 | Enterprise Products Partners | 83.34 Bn | 82.44 Bn | - | 12.31% |
| 4 | Energy Transfer | 72.41 Bn | 71.38 Bn | 7.40 Bn | 10.41% |
| 5 | Tc Energy | 65.97 Bn | 58.41 Bn | 1.24 Bn | 29.84% |
| 6 | Oneok | 60.11 Bn | 59.94 Bn | 2.81 Bn | 13.22% |
| 7 | Mplx | 60.04 Bn | 59.01 Bn | 2.73 Bn | 41.61% |
| 8 | Targa Resources | 59.42 Bn | 59.29 Bn | 2.14 Bn | 27.80% |
| 9 | Cheniere Energy | 56.10 Bn | 54.85 Bn | 5.29 Bn | 74.84% |
| 10 | Cheniere Energy Partners | 32.73 Bn | 32.29 Bn | 1.82 Bn | 51.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 51.88% |
| Mar 31, 2026 | 10.03% |
| Dec 31, 2025 | 50.48% |
| Sep 30, 2025 | 28.95% |
| Jun 30, 2025 | 29.12% |
| Mar 31, 2025 | 27.63% |
| Dec 31, 2024 | 33.01% |
| Sep 30, 2024 | 40.24% |
| Jun 30, 2024 | 40.44% |
| Mar 31, 2024 | 38.13% |
| Dec 31, 2023 | 40.99% |
| Sep 30, 2023 | 46.43% |
| Jun 30, 2023 | 42.32% |
| Mar 31, 2023 | 72.99% |
| Dec 31, 2022 | 58.50% |
| Sep 30, 2022 | -6.01% |
| Jun 30, 2022 | 13.27% |
| Mar 31, 2022 | 10.88% |
| Dec 31, 2021 | 22.07% |
| Sep 30, 2021 | 26.51% |