Saturday 17 October 2026 Export VG’s income statement to Excel — free account

Venture Global, Inc.

Venture Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.8 billion, up 176.9% from fiscal 2024. In the quarter to June 2026, revenue grew 47.6%, EPS grew 260.0%, free cash flow fell 8.21% and total debt rose 39.5%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

12.72 0.22 +1.76%

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Market cap: $31.3B
P/E: 9.4×
Fwd P/E: 8.8×
Dividend yield: —
F-score: 6/9
Altman Z: 0.92
Beneish M: −1.32
Dividend safety: 29/100

Overview Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 0.02

Total sells 409.10

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	1	—	—	—	—
Sell	3	1	—	—	7	2	6	2	2	7	4	1

Insider Ownership 79.16%

Capital & Financial Ratios $m

Market Cap 31,250.00

Revenue 16,951.00

Net Income 3,783.00

Free Cash Flow (6,990.00)

Net Debt 38,626.00

Current Ratio 1.19

Debt/Equity 3.46

P/E ratio 9.35

Fwd P/E 8.83

P/S ratio 1.87

P/B ratio 2.62

Past 5Y EPS Growth —

This Y EPS Growth 104.20%

Next Y EPS Growth (42.42%)

Next Y revenue growth 34.74%

Next 5Y EPS Growth 21.67%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	Powerpack
2025	Powerpack
2024	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	5,343	3,777	2,550	3,188
Receivables	265	364	918	844
Inventory	44	171	253	290
Other	164	154	65	97
	5,959	4,559	4,040	4,529

	2023	2024	2025	Q'26
Payables	436	1,536	737	828
ST’ Debt	178	190	812	287
Other	—	—	—	—
	2,315	3,542	4,344	3,821

Compound Annual Growth %

	10y	5y	3y
Sales	—	—	28.77%
Cash Flow	—	—	21.05%
Earnings	—	—	6.75%
Book Value	—	—	172.50%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	4,599	4,578	—	—	—
’25	2,894	3,101	3,329	4,445	13,769
’24	1,414	1,108	926	1,524	4,972
’23	—	—	1,054	—	7,897

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	763	2,072	—	—	—
’25	1,114	1,458	1,883	2,111	6,566
’24	638	558	280	673	2,149
’23	—	—	3,957	593	4,550
’22	—	—	—	3,702	3,702

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(2,418)	(1,647)	—	—	—
’25	(2,352)	(1,522)	(1,411)	(1,514)	(6,799)
’24	(2,366)	(2,693)	(3,523)	(2,986)	(11,568)
’23	—	—	(581)	(2,960)	(3,541)
’22	—	—	—	(916)	(916)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.19	0.51	—	—	—
’25	0.15	0.14	0.16	0.41	0.86
’24	0.27	0.14	(0.13)	0.33	0.57
’23	—	—	1.76k	—	1.69
’22	—	—	—	—	1.57

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	—	—	—	—	5.72	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	—	—	—	—	24.00
People
People	Employees	—	—	—	—	—	—	—	1,400	1,500	2,000
	Revenue/emp, $m	—	—	—	—	—	—	0.00	5.64	3.31	6.88
Income, $m
Income, $m	Revenue	—	—	—	—	—	—	6,448	7,897	4,972	13,769
	Gross margin, %	—	—	—	—	—	—	67.54	78.68	72.83	57.00
	EBT	—	—	—	—	—	(436)	3,544	4,432	2,183	3,363
	EBT margin, %	—	—	—	—	—	0.00	54.96	56.12	43.91	24.42
	Net income	—	—	—	—	—	(436)	3,097	3,616	1,746	2,733
	Depreciation	—	—	—	—	—	6	158	277	322	941
Per share, $
Per share, $	Revenue	—	—	—	—	—	0.00	3.27	3.82	2.12	5.68
	Earnings	—	—	—	—	—	(1,001.15)	1.57	1.75	0.63	0.93
	Cash flow	—	—	—	—	—	(1,154.99)	1.88	2.20	0.91	2.71
	Capex	—	—	—	—	—	(4,613.09)	(2.35)	(3.91)	(5.84)	(5.51)
	Free cash flow	—	—	—	—	—	(5,768.08)	(0.47)	(1.71)	(4.92)	(2.80)
	Book value	—	—	—	—	—	0.00	0.26	1.01	2.71	4.25
	Shares, m	—	—	—	—	—	0	1,969	2,070	2,350	2,426
Valuation, ×
Valuation, ×	P/E	—	—	—	—	—	—	34.70	34.70	34.70	7.26
	P/S	—	—	—	—	—	—	11.34	11.34	11.34	1.20
	P/B	—	—	—	—	—	—	8.86	8.86	8.86	1.61
	EV/Sales	—	—	—	—	—	—	16.47	16.47	16.47	3.50
	EV/FCF	—	—	—	—	—	—	(7.08)	(7.08)	(7.08)	(7.09)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	—	—	(503)	3,702	4,550	2,149	6,566
	Capex	—	—	—	—	—	(2,009)	(4,618)	(8,091)	(13,717)	(13,365)
	Free cash flow	—	—	—	—	—	(2,512)	(916)	(3,541)	(11,568)	(6,799)
Balance, $m
Balance, $m	Working capital	—	—	—	—	—	—	(334)	3,644	1,017	(304)
	Total debt	—	—	—	—	—	—	10,608	20,785	29,276	34,205
	Net debt	—	—	—	—	—	—	9,599	15,442	25,499	31,655
	Shareholders’ equity	—	—	—	—	—	—	509	2,085	6,367	10,300
Returns, %
Returns, %	ROA	—	—	—	—	—	0.00	24.61	12.31	4.10	4.66
	ROIC	—	—	—	—	—	0.00	21.98	17.29	3.46	7.68
	ROE	—	—	—	—	—	0.00	0.00	206.71	34.90	27.12

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
MPLX MPLX LP	$57.9B	12.5×	13.1×	+10.29% (above 0%: growing)	+2.91% (above 0%: growing)	−38.89% (below 0%: shrinking)	56.91%	41.61%	Compare
LNG Cheniere Energy, Inc.	$57.7B	21.4×	— (loss-making)	+23.51% (above 0%: growing)	+100.55% (above 0%: growing)	+452.21% (above 0%: growing)	83.04%	74.84%	Compare
OKE ONEOK, Inc.	$57.2B	16.1×	15.5×	+52.77% (above 0%: growing)	+14.18% (above 0%: growing)	+85.57% (above 0%: growing)	23.30%	13.22%	Compare
VG Venture Global, Inc.	$31.3B	9.4×	8.8×	+47.63% (above 0%: growing)	+260.00% (above 0%: growing)	−8.21% (below 0%: shrinking)	63.74%	47.79%
CQP Cheniere Energy Partners, L.P.	$30.1B	11.1×	16.9×	+5.21% (above 0%: growing)	+135.16% (above 0%: growing)	−11.63% (below 0%: shrinking)	59.74%	51.88%	Compare
PBA Pembina Pipeline Corp.	$28.0B	24.4×	22.9×	+19.97% (above 0%: growing)	+27.66% (above 0%: growing)	+8.94% (above 0%: growing)	43.36%	37.45%	Compare
PAGP Plains Group Holdings, L.P.	$20.7B	9.8×	15.6×	+66.26% (above 0%: growing)	+1,213.33% (above 0%: growing)	+50.93% (above 0%: growing)	4.57%	2.24%	Compare
WES Western Midstream Partners, LP	$18.2B	14.0×	12.6×	+29.97% (above 0%: growing)	+12.50% (above 0%: growing)	−36.19% (below 0%: shrinking)	90.41%	43.01%	Compare
PAA Plains All American Pipeline, L.P.	$17.7B	7.0×	13.5×	+66.26% (above 0%: growing)	+1,095.24% (above 0%: growing)	+50.92% (above 0%: growing)	4.57%	2.25%	Compare
Median of peers	$29.1B	13.2×	15.5×	+26.74%	+64.11%	+29.93%	50.14%	39.53%

All 58 Oil & Gas Midstream stocks →

Venture Global, Inc. (VG) key facts

Strength: Venture Global, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $13.8 billion, up 176.9% from fiscal 2024.
Venture Global, Inc. (VG) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, VG traded at $12.72, a market capitalization of $31.3 billion.
Return on equity was 27.1% and debt-to-equity 3.46.
Its Piotroski F-score is 6 out of 9 and its Altman Z-score is 0.92 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.