Venture Global (VG) Operating Margin (2024 - 2026)

Venture Global's (VG) quarterly Operating Margin came in at 25.03% in Q1 2026, down 1229.0% year-on-year from 2.22% in Q1 2025, and down 35.25% on a QoQ basis from 38.65% in Q4 2025.

Venture Global (VG) Operating Margin (2024 - 2026) Analysis & Trends

Venture Global (VG) has 3 years of Operating Margin data on file, last reported at 25.03% in Q1 2026.

  • On a quarterly basis, Operating Margin fell 1229.0% year-over-year to 25.03% in Q1 2026; TTM through Mar 2026 was 33.78%, a 72.0% decrease from a year earlier, with the FY2025 full-year figure at 37.45%, up 199.0% from the prior year.
  • Operating Margin for Q1 2026 stood at 25.03%, down from 38.65% in the prior quarter.
  • Over the last five years, Operating Margin for VG reached as high as 43.64% in Q1 2024 and fell as low as 20.41% in Q3 2024.
  • Historically, Operating Margin has averaged 34.43% across 3 years, with a median of 37.32% in 2025.
  • Across the five-year window, Operating Margin jumped 1924 bps in 2025 and slumped 1229 bps in 2026, its largest moves.
  • Year by year, Operating Margin stood at 38.98% in 2024, then declined by 1 bps to 38.65% in 2025, then plunged by 35 bps to 25.03% in 2026.
  • Per Business Quant data, the three most recent Operating Margin figures were 25.03% in Q1 2026, 38.65% in Q4 2025, and 39.65% 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 Venture Global 37.29 Bn 38.84 Bn 1.82 Bn 25.03%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.03%
Dec 31, 2025 38.65%
Sep 30, 2025 39.65%
Jun 30, 2025 33.47%
Mar 31, 2025 37.32%
Dec 31, 2024 38.98%
Sep 30, 2024 20.41%
Jun 30, 2024 32.76%
Mar 31, 2024 43.64%