Cheniere Energy (LNG) Operating Margin (2010 - 2026)
Cheniere Energy (LNG) reported Operating Margin of 59.44% for Q1 2026, down 7709.0% on a YoY basis 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 (LNG) has 17 years of Operating Margin data on file, last reported at 59.44% in Q1 2026.
- For the quarter ending Q1 2026, Operating Margin fell 7709.0% year-over-year to 59.44%; the trailing twelve-month figure through Mar 2026 stood at 22.86% (down 1227.0% YoY), and the FY2025 full-year result was 45.61%, up 659.0% from the prior year.
- Operating Margin retreated to 59.44% in Q1 2026, 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.
- A 5-year average of 36.17% and a median of 43.77% in 2024 frame the typical range for Operating Margin.
- Across the five-year window, Operating Margin soared 11732 bps in 2023 and slumped 8218 bps in 2024, its largest moves.
- Tracing LNG's Operating Margin over 5 years: stood at 73.87% in 2022, then tumbled 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 plunged 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 | DHT Holdings | 2,706.13 Bn | 2,706.00 Bn | 167.16 Mn | 90.00% |
| 2 | Flex LNG | 1,674.16 Bn | 1,673.77 Bn | 61.79 Mn | 103.91% |
| 3 | Kinder Morgan | 112.74 Bn | 113.82 Bn | 3.07 Bn | 30.06% |
| 4 | Enbridge | 89.82 Bn | 89.03 Bn | 6.70 Bn | 14.43% |
| 5 | Enterprise Products Partners | 83.97 Bn | 82.82 Bn | - | 13.17% |
| 6 | Tc Energy | 72.76 Bn | 73.95 Bn | 1.36 Bn | 31.60% |
| 7 | Energy Transfer | 70.27 Bn | 69.30 Bn | 6.62 Bn | 10.74% |
| 8 | Targa Resources | 61.30 Bn | 61.34 Bn | 1.70 Bn | 20.68% |
| 9 | Oneok | 61.15 Bn | 61.02 Bn | 8.98 Bn | 14.85% |
| 10 | Cheniere Energy | 57.25 Bn | 55.92 Bn | 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 | -55.16% |
| Jun 30, 2021 | 4.84% |