Cheniere Energy (LNG) Gross Margin (2010 - 2026)
Cheniere Energy (LNG) reported Gross Margin of 99.93% for Q1 2026, up 13.0% year-over-year from 88.44% in Q1 2025, and up 425.35% sequentially from 30.72% in Q4 2025.
Cheniere Energy (LNG) Gross Margin (2010 - 2026) Analysis & Trends
Cheniere Energy's Gross Margin history runs 17 years deep, the most recent figure standing at 99.93% for Q1 2026.
- Quarterly Gross Margin rose 13.0% year-over-year to 99.93% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 51.0% (down 4421.0% YoY) and the FY2025 annual result came in at 64.21%, down 3556.0% from the prior year.
- Gross Margin was 99.93% for Q1 2026 at Cheniere Energy, up from 30.72% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.56% in Q4 2023 to a low of 30.72% in Q4 2025.
- Median Gross Margin over the past 5 years was 77.77% (2023), compared with a mean of 63.51%.
- Across the five-year window, Gross Margin surged 11172 bps in 2023 and plunged 13054 bps in 2025, its largest moves.
- Over 5 years, Gross Margin stood at 99.93% in 2022, then advanced by 1 bps to 100.56% in 2023, then declined by 1 bps to 99.82% in 2024, then plunged by 131 bps to 30.72% in 2025, then jumped by 425 bps to 99.93% in 2026.
- Business Quant data shows LNG's Gross Margin at 99.93% in Q1 2026, 30.72% in Q4 2025, and 60.59% 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 | Cheniere Energy | - | - | 5.86 Bn | 99.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.93% |
| Dec 31, 2025 | -30.72% |
| Sep 30, 2025 | 60.59% |
| Jun 30, 2025 | 75.93% |
| Mar 31, 2025 | 99.80% |
| Dec 31, 2024 | 99.82% |
| Sep 30, 2024 | 99.84% |
| Jun 30, 2024 | 75.88% |
| Mar 31, 2024 | 47.43% |
| Dec 31, 2023 | 100.56% |
| Sep 30, 2023 | 86.63% |
| Jun 30, 2023 | 77.77% |
| Mar 31, 2023 | 78.95% |
| Dec 31, 2022 | 99.93% |
| Sep 30, 2022 | -25.09% |
| Jun 30, 2022 | 28.16% |
| Mar 31, 2022 | 4.19% |
| Dec 31, 2021 | 99.76% |
| Sep 30, 2021 | -52.13% |
| Jun 30, 2021 | 28.60% |