Cheniere Energy (LNG) Operating Margin (2010 - 2026)
Cheniere Energy (LNG) reported Operating Margin of 74.84% for Q2 2026, up 20.33 percentage points from 54.51% a year earlier and up 134.28 percentage points from the prior quarter.
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Analysis
Cheniere Energy (LNG) Operating Margin (2010 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cheniere Energy's Operating Margin came in at 29.89%, down 7.73 percentage points year-over-year; for FY2025, it came in at 45.61%, up 6.59 percentage points from FY2024.
- Operating Margin has a five-year change of +17.50 percentage points (FY2020 to FY2025).
- By year, Operating Margin came in at 39.02% in FY2024 (-36.92 pp), 75.95% in FY2023 (+62.31 pp), 13.64% in FY2022 (+18.06 pp) and -4.42% in FY2021 (-32.53 pp).
- The Q2 2026 figure ranks as the highest quarterly Operating Margin since Q1 2023.
- Year over year, Operating Margin gained in three of the last eight quarters, with an average year-over-year change of -8.32 percentage points.
- The high point for year-over-year Operating Margin in five years was Q1 2023 (a gain of 117.32 percentage points); the low point was Q1 2024 (a drop of 82.18 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at -59.44% (Q1 2026), 69.80% (Q4 2025) and 40.91% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 102.52 Bn | 100.06 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 79.27 Bn | 77.71 Bn | - | 12.31% |
| 3 | Energy Transfer | 69.21 Bn | 62.65 Bn | 7.40 Bn | 10.41% |
| 4 | Kinder Morgan | 68.17 Bn | 69.12 Bn | 3.07 Bn | 30.06% |
| 5 | Tc Energy | 61.09 Bn | 64.16 Bn | 2.81 Bn | 135.28% |
| 6 | Targa Resources | 59.48 Bn | 59.10 Bn | 2.14 Bn | 27.80% |
| 7 | Mplx | 58.45 Bn | 52.01 Bn | 2.91 Bn | 41.61% |
| 8 | Oneok | 55.88 Bn | 54.37 Bn | 2.81 Bn | 13.22% |
| 9 | Cheniere Energy | 55.70 Bn | 55.83 Bn | 5.29 Bn | 74.84% |
| 10 | Venture Global | 32.11 Bn | 26.66 Bn | 2.92 Bn | 47.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 74.84% |
| 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% |
API Access
Cheniere Energy Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=LNG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "LNG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=LNG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();