Cheniere Energy (LNG) Gross Margin (2010 - 2026)
Cheniere Energy (LNG) reported Gross Margin of 99.93% for Q1 2026, up 13.0% on a YoY basis from 88.44% in Q1 2025, and little changed sequentially from 99.82% in Q4 2025.
Cheniere Energy (LNG) Gross Margin (2010 - 2026) Analysis & Trends
Cheniere Energy (LNG) has 17 years of Gross Margin data on file, last reported at 99.93% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 13.0% year-over-year to 99.93%; the trailing twelve-month figure through Mar 2026 stood at 99.86% (up 4747.0% YoY), and the FY2025 full-year result was 99.82%, up 3816.0% from the prior year.
- Gross Margin held at 99.93% in Q1 2026, from 99.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.93% in Q4 2022 to a low of 35.1% in Q4 2024.
- A 5-year average of 64.65% and a median of 78.95% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin plunged 10748 bps in 2024 and surged 13492 bps in 2025, its largest moves.
- Tracing LNG's Gross Margin over 5 years: stood at 99.93% in 2022, then slipped by 28 bps to 72.38% in 2023, then tumbled by 148 bps to 35.1% in 2024, then surged by 384 bps to 99.82% in 2025, then increased by 0 bps to 99.93% in 2026.
- Business Quant data shows LNG's Gross Margin at 99.93% in Q1 2026, 99.82% in Q4 2025, and 99.82% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 89.73% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 76.80% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 68.62% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 41.12% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | - |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 97.17% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 23.85% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 41.52% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 93.41% |
| 10 | Cheniere Energy | 57.25 Bn | 55.92 Bn | 5.86 Bn | 99.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 99.93% |
| Dec 31, 2025 | 99.82% |
| Sep 30, 2025 | 99.82% |
| Jun 30, 2025 | 99.85% |
| Mar 31, 2025 | 99.80% |
| Dec 31, 2024 | -35.10% |
| Sep 30, 2024 | 66.65% |
| Jun 30, 2024 | 75.88% |
| Mar 31, 2024 | 47.43% |
| Dec 31, 2023 | 72.38% |
| Sep 30, 2023 | 86.63% |
| Jun 30, 2023 | 99.73% |
| 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 | -5.38% |
| Sep 30, 2021 | -14.27% |
| Jun 30, 2021 | 28.60% |