Cheniere Energy (LNG) Operating Margin (2010 - 2026)
Cheniere Energy (LNG) reported Operating Margin of 59.44% for Q1 2026, down 7709.0% year-over-year from 0.78% in Q1 2025, and down 185.16% sequentially from 69.8% in Q4 2025.
Cheniere Energy (LNG) Operating Margin (2010 - 2026) Analysis & Trends
Cheniere Energy's Operating Margin history runs 17 years deep, the most recent figure standing at 59.44% for Q1 2026.
- Quarterly Operating Margin fell 7709.0% year-over-year to 59.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 22.86% (down 1227.0% YoY) and the FY2025 annual result came in at 45.61%, up 659.0% from the prior year.
- Operating Margin was 59.44% for Q1 2026 at Cheniere Energy, down from 69.8% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 109.32% in Q1 2023 to a low of 59.44% in Q1 2026.
- Median Operating Margin over the past 5 years was 43.77% (2024), compared with a mean of 36.17%.
- Across the five-year window, Operating Margin surged 11732 bps in 2023 and tumbled 8218 bps in 2024, its largest moves.
- Over 5 years, Operating Margin stood at 73.87% in 2022, then sank by 32 bps to 50.49% in 2023, then slipped by 22 bps to 39.2% in 2024, then soared by 78 bps to 69.8% in 2025, then slumped by 185 bps to 59.44% in 2026.
- Business Quant data shows LNG's Operating Margin at 59.44% in Q1 2026, 69.8% in Q4 2025, and 40.91% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 1,308.38 Bn | 1,309.08 Bn | 6.70 Bn | 14.43% |
| 2 | Kinder Morgan | 112.34 Bn | 113.42 Bn | 3.08 Bn | 29.91% |
| 3 | Enterprise Products Partners | 79.55 Bn | 78.40 Bn | - | 13.17% |
| 4 | Energy Transfer | 65.78 Bn | 65.07 Bn | 6.62 Bn | 10.74% |
| 5 | Targa Resources | 57.60 Bn | 57.63 Bn | 1.70 Bn | 20.68% |
| 6 | Mplx | 57.17 Bn | 55.67 Bn | 2.54 Bn | 39.96% |
| 7 | Oneok | 54.83 Bn | 54.70 Bn | 2.57 Bn | 14.85% |
| 8 | Cheniere Energy Partners | 29.50 Bn | 29.22 Bn | 838.00 Mn | 10.03% |
| 9 | Venture Global | 27.41 Bn | 27.36 Bn | 4.33 Bn | 25.03% |
| 10 | Cheniere Energy | - | - | 5.86 Bn | -59.44% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -59.44% |
| Dec 31, 2025 | 69.80% |
| Sep 30, 2025 | 40.91% |
| Jun 30, 2025 | 54.51% |
| Mar 31, 2025 | 17.65% |
| Dec 31, 2024 | 39.20% |
| Sep 30, 2024 | 43.77% |
| Jun 30, 2024 | 48.85% |
| Mar 31, 2024 | 27.13% |
| Dec 31, 2023 | 50.49% |
| Sep 30, 2023 | 66.24% |
| Jun 30, 2023 | 56.27% |
| Mar 31, 2023 | 109.32% |
| Dec 31, 2022 | 73.87% |
| Sep 30, 2022 | -34.07% |
| Jun 30, 2022 | 18.45% |
| Mar 31, 2022 | -8.01% |
| Dec 31, 2021 | 8.62% |
| Sep 30, 2021 | -73.44% |
| Jun 30, 2021 | 4.84% |