Cheniere Energy (LNG) Gross Margin (2010 - 2026)
Cheniere Energy's (LNG) quarterly Gross Margin came in at 99.93% in Q1 2026, up 13.0% year-on-year from 88.44% in Q1 2025, and up 425.35% quarter-over-quarter from 30.72% in Q4 2025.
Cheniere Energy (LNG) Gross Margin (2010 - 2026) Analysis & Trends
Cheniere Energy has disclosed Gross Margin across 17 years of filings, most recently posting 99.93% for Q1 2026.
- Gross Margin for Q1 2026 came in at 99.93%, up 13.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 51.0% (down 4421.0% YoY), and the FY2025 annual result was 64.21%, down 3556.0% from the prior year.
- Gross Margin came in at 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.
- The 5-year median for Gross Margin is 77.77% (2023), against an average of 63.51%.
- Across the five-year window, Gross Margin soared 11172 bps in 2023 and sank 13054 bps in 2025, its largest moves.
- Cheniere Energy's Gross Margin stood at 99.93% in 2022, then climbed by 1 bps to 100.56% in 2023, then fell by 1 bps to 99.82% in 2024, then sank by 131 bps to 30.72% in 2025, then surged by 425 bps to 99.93% in 2026.
- The last three Gross Margin figures came in at 99.93% (Q1 2026), 30.72% (Q4 2025), and 60.59% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 88.33 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 2 | Enterprise Products Partners | 80.83 Bn | 79.68 Bn | - | - |
| 3 | Kinder Morgan | 69.66 Bn | 70.75 Bn | 3.08 Bn | 63.77% |
| 4 | Energy Transfer | 65.60 Bn | 64.88 Bn | 6.62 Bn | 23.85% |
| 5 | Scorpio Tankers | 59.17 Bn | 58.19 Bn | - | - |
| 6 | Mplx | 57.43 Bn | 55.92 Bn | 2.54 Bn | 83.61% |
| 7 | Targa Resources | 56.68 Bn | 56.71 Bn | 1.70 Bn | 41.52% |
| 8 | Oneok | 55.34 Bn | 55.21 Bn | 2.57 Bn | 26.67% |
| 9 | Tc Energy | 50.79 Bn | 51.99 Bn | 2.95 Bn | 98.68% |
| 10 | Cheniere Energy | 50.33 Bn | 52.53 Bn | 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% |