Cheniere Energy (LNG) Operating Margin (2010 - 2026)

Cheniere Energy's (LNG) quarterly Operating Margin came in at 59.44% in Q1 2026, down 7709.0% year-on-year from 0.78% in Q1 2025, and down 185.16% quarter-over-quarter from 69.8% in Q4 2025.

Cheniere Energy (LNG) Operating Margin (2010 - 2026) Analysis & Trends

Cheniere Energy has disclosed Operating Margin across 17 years of filings, most recently posting 59.44% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 59.44%, down 7709.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 22.86% (down 1227.0% YoY), and the FY2025 annual result was 45.61%, up 659.0% from the prior year.
  • Operating Margin came in at 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.
  • The 5-year median for Operating Margin is 43.77% (2024), against an average of 36.17%.
  • Across the five-year window, Operating Margin soared 11732 bps in 2023 and plunged 8218 bps in 2024, its largest moves.
  • Cheniere Energy's Operating Margin stood at 73.87% in 2022, then slumped by 32 bps to 50.49% in 2023, then dropped by 22 bps to 39.2% in 2024, then jumped by 78 bps to 69.8% in 2025, then tumbled by 185 bps to 59.44% in 2026.
  • The last three Operating Margin figures came in at 59.44% (Q1 2026), 69.8% (Q4 2025), and 40.91% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Enbridge 88.33 Bn 89.03 Bn 6.70 Bn 14.43%
2 Enterprise Products Partners 80.83 Bn 79.68 Bn - 13.17%
3 Kinder Morgan 69.66 Bn 70.75 Bn 3.08 Bn 29.91%
4 Energy Transfer 65.60 Bn 64.88 Bn 6.62 Bn 10.74%
5 Scorpio Tankers 59.17 Bn 58.19 Bn - -
6 Mplx 57.43 Bn 55.92 Bn 2.54 Bn 39.96%
7 Targa Resources 56.68 Bn 56.71 Bn 1.70 Bn 20.68%
8 Oneok 55.34 Bn 55.21 Bn 2.57 Bn 14.85%
9 Tc Energy 50.79 Bn 51.99 Bn 2.95 Bn 68.07%
10 Cheniere Energy 50.33 Bn 52.53 Bn 5.86 Bn -59.44%

Historic Data

Download Data
DateValue
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%