Cheniere Energy Partners, L.P.

CQP Energy Oil & Gas Midstream

Cheniere Energy Partners, L.P.’s revenue for fiscal 2025 (year ended December 2025) was $10.8 billion, up 23.6% from fiscal 2024.

Revenue
+7.07%
EPS
+65.0%
Free cash flow
+16.7%
Total debt
−2.48%

Quarter to September 2026, against a year earlier

57.03 0.20 −0.35%
Market cap
$27.7B
P/E
9.3×
Fwd P/E
14.7×
Dividend yield
4.04%
F-score
8/9
Altman Z
n/a
Beneish M
−1.49
Dividend safety
21/100

Cheniere Energy Partners, L.P. (CQP) Operating margin

Alert me on Operating margin

Cheniere Energy Partners, L.P.'s operating margin over the twelve months to 30 September 2026 was 34.2%, down 0.3 percentage points from fiscal 2025 (34.5%). Over the past ten years it has ranged from 1.11% (fiscal 2015) to 52.1% (fiscal 2023); the current reading is higher than 73% of that period. That is in line with the Oil & Gas Midstream industry median of 34.7% and above the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 34.5% (3.23)
FY2024 37.7% (14.43)
FY2023 52.1% 32.47
FY2022 19.6% (7.46)
FY2021 27.1% (7.36)
FY2020 34.5% 4.63
FY2019 29.8% (0.97)
FY2018 30.8% 3.94
FY2017 26.9% 4.13
FY2016 22.7% 21.62

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 31.7% (20.22)
Jun 2026 51.9% 41.85
Mar 2026 10.0% (40.45)
Dec 2025 50.5% 21.53
43 more quarters

Against its own ten years

Low 1.11% High 52.1%
Ten-year median 29.8%
Current reading's percentile 72

Operating margin against peers

Company Operating margin
MPLX MPLX LP compare 42.0%
WES Western Midstream Partners, LP compare 38.5%
VG Venture Global, Inc. compare 37.6%
VNOM Viper Energy Inc. compare 36.2%
PBA Pembina Pipeline Corp. compare 35.8%
CQP Cheniere Energy Partners, L.P. 34.2%
OKE ONEOK, Inc. compare 14.2%
PAA Plains All American Pipeline, L.P. compare 3.14%
PAGP Plains Group Holdings, L.P. compare 3.13%
Oil & Gas Midstream industry median 34.7%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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