Venture Global (VG) Operating Margin (2024 - 2026)
Venture Global (VG) posted Operating Margin of 47.79% for Q2 2026, up 14.32 percentage points from 33.47% a year earlier and up 22.77 percentage points from the prior quarter.
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Venture Global (VG) Operating Margin (2024 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Venture Global was 37.62%, up 3.27 percentage points year-over-year; for FY2025, it was 37.45%, up 1.99 percentage points from FY2024.
- In prior years, Venture Global's Operating Margin was 35.46% in FY2024 (-25.96 pp) and 61.42% in FY2023.
- The Q2 2026 figure stands as the highest quarterly Operating Margin in data going back to Q1 2024.
- On a year-over-year basis, Operating Margin increased in three of the last six quarters, with an average year-over-year change of +2.56 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 25.03% (Q1 2026), 38.65% (Q4 2025) and 39.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Enbridge | 101.88 Bn | 99.42 Bn | 4.84 Bn | 9.93% |
| 2 | Enterprise Products Partners | 77.78 Bn | 76.22 Bn | - | 12.31% |
| 3 | Energy Transfer | 68.56 Bn | 62.00 Bn | 7.40 Bn | 10.41% |
| 4 | Kinder Morgan | 67.77 Bn | 68.72 Bn | 3.07 Bn | 30.06% |
| 5 | Tc Energy | 60.65 Bn | 63.72 Bn | 2.81 Bn | 135.28% |
| 6 | Targa Resources | 58.65 Bn | 58.26 Bn | 2.14 Bn | 27.80% |
| 7 | Mplx | 57.82 Bn | 51.38 Bn | 2.91 Bn | 41.61% |
| 8 | Cheniere Energy | 55.20 Bn | 55.33 Bn | 5.29 Bn | 74.84% |
| 9 | Oneok | 54.77 Bn | 53.26 Bn | 2.81 Bn | 13.22% |
| 10 | Venture Global | 31.21 Bn | 25.77 Bn | 2.92 Bn | 47.79% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.79% |
| 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% |
API Access
Venture Global 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=VG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "VG", "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=VG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();