Cheniere Energy (LNG) Gross Margin (2010 - 2026)
Cheniere Energy (LNG) posted Gross Margin of 99.93% for Q1 2026, little changed sequentially from 99.82% in Q4 2025, and up 13.0% YoY from 88.44% in Q1 2025.
Cheniere Energy (LNG) Gross Margin (2010 - 2026) Analysis & Trends
Cheniere Energy has reported Gross Margin for 17 years, with the latest figure at 99.93% in 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 99.86% (up 4747.0% YoY) and the FY2025 annual result came in at 99.82%, up 3816.0% from the prior year.
- Gross Margin held at 99.93% in Q1 2026 per LNG's latest filing, from 99.82% in the prior quarter.
- Over five years, Gross Margin peaked at 99.93% in Q4 2022 and troughed at 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.
- The sharpest annual moves came in 2024 and 2025: Gross Margin slumped 10748 bps in 2024, then jumped 13492 bps in 2025.
- Over 5 years, Gross Margin stood at 99.93% in 2022, then fell by 28 bps to 72.38% in 2023, then slumped by 148 bps to 35.1% in 2024, then surged by 384 bps to 99.82% in 2025, then advanced by 0 bps to 99.93% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 99.93%, 99.82%, and 99.82% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Powered by 
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 | 110.90 Bn | 109.41 Bn | 5.23 Bn | 24.69% |
| 3 | Enterprise Products Partners | 83.47 Bn | 82.57 Bn | - | - |
| 4 | Energy Transfer | 72.69 Bn | 71.66 Bn | 7.40 Bn | 21.55% |
| 5 | Tc Energy | 65.95 Bn | 58.39 Bn | 1.24 Bn | 95.91% |
| 6 | Oneok | 60.15 Bn | 59.99 Bn | 2.81 Bn | 23.30% |
| 7 | Mplx | 59.97 Bn | 58.94 Bn | 2.73 Bn | 82.28% |
| 8 | Targa Resources | 59.51 Bn | 59.37 Bn | 2.14 Bn | 48.15% |
| 9 | Cheniere Energy | 56.09 Bn | 54.84 Bn | 5.29 Bn | 92.34% |
| 10 | Venture Global | 34.41 Bn | 31.19 Bn | 2.92 Bn | 63.74% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 92.34% |
| 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% |