Price as of close on Nov 3, 2026 · Financials updated Oct 9, 2026
Basics
Sector
Energy
Industry
Oil & Gas Midstream
Country
United States
Market cap
64.3B USD
Enterprise value
82.9B USD
Full-time employees
1,717
Overall health
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: less short-term liquidity (current ratio 0.87 vs a peer median of 1.37) and more debt relative to equity (3.92× vs a peer median of 0.47×)higher risk: less liquidity (current ratio 0.87 vs peers 1.37) and more debt vs equity (3.92× vs peers 0.47×)
Cheniere Energy's reported profit rose 273% since 2022, but the cash its operations generate changed −47%. When profit and cash diverge like this, it's worth understanding why (for example, customers paying more slowly or gains that aren't cash).Cheniere Energy's reported profit rose 273% since 2022, but the cash its operations generate changed −47%. When profit and cash diverge like this, it's worth understanding why.
Much more borrowing than peers.Debt is 3.9× equity vs a peer median of 0.5×.Debt is 3.9× equity vs peers 0.5×.
Debt is 3.9× shareholders' equity, against a peer median of 0.5×, among the highest 10% of its peer group.Debt is 3.9× shareholders' equity, vs peers 0.5×, among the highest 10% of its peer group.
Investment surge. Capital spending 15% of revenue, up from 5.5% in 2022.
Cheniere Energy is spending 15% of revenue on facilities and equipment, up from 5.5% in 2022. That weighs on free cash flow today; whether it pays off depends on the returns those investments earn.
Wide margins.Operating margin 30% (12 months to Jun 2026) vs a peer median of 12%.Operating margin 30% vs peers 12%.
Cheniere Energy keeps 30% of revenue as operating profit, more than 82% of peers (median 12%).
StockQuotient Score
43/ 100▼ 1 since Oct 27 closeOct 5 45 → Nov 4 43 (-2)
Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 42 → 38
Share price +3.8%-2
Peer companies moved-2
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Cheniere Energy
Is Cheniere Energy getting weaker?
Its latest SEC filing (Aug 6, 2026) got stronger: operating margin rose 7.0 points to 29.9%. Its overall score is 43/100, down 1 since Oct 28, 2026.
How is Cheniere Energy valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 38/100 against 404 energy peers.Earnings yield 6.8% vs a peer median of 5.2% (stronger than 63% of peers).Earnings yield 6.8% vs peers 5.2% (stronger than 63% of peers).EBITDA yield 9.0% vs a peer median of 12.1% (weaker than 68% of peers).EBITDA yield 9.0% vs peers 12.1% (weaker than 68% of peers).
Is Cheniere Energy growing?
At about the same pace as its peers. Growth scores 48/100 against 404 energy peers.Revenue growth 17.5% vs a peer median of 0.5% (stronger than 81% of peers).Revenue growth 17.5% vs peers 0.5% (stronger than 81% of peers).3-year revenue growth -9.9% vs a peer median of -1.3% (weaker than 78% of peers).3-year revenue growth -9.9% vs peers -1.3% (weaker than 78% of peers).
How profitable is Cheniere Energy?
More profitable than most of its peers. Profitability scores 84/100 against 404 energy peers.Return on assets 9.1% vs a peer median of 4.4% (stronger than 84% of peers).Return on assets 9.1% vs peers 4.4% (stronger than 84% of peers).
How risky is Cheniere Energy?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Debt / equity 3.92× vs a peer median of 0.47× (weaker than 100% of peers).Debt / equity 3.92× vs peers 0.47× (weaker than 100% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
Got stronger
Operating margin rose 7.0 points to 29.9%
Previous quarter
Latest quarter
Change
Revenue (12 months)
20.4B USD
21.5B USD
+5.3%
Net income (12 months)
2.9B USD
4.4B USD
+49.1%
Operating margin
22.9%
29.9%
+7.0 pts
Free cash flow (12 months)
2.2B USD
2.8B USD
+26.9%
Debt
23.9B USD
24.3B USD
+1.3%
Cash
1.3B USD
1.1B USD
−15.8%
Shares outstanding
209.6M
206.5M
−1.4%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Industry: Oil & Gas Midstream · 32 companies
Valuations in Oil & Gas Midstream are near the top of their range since Aug 2019.
86% of months since Aug 2019 were valued lower than now.
54% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +44% and earnings +16% (medians): prices rose faster than earnings.
Median price-to-sales is +39% vs the whole market, against a usual +3%.
Aug 2019Shaded: most expensive fifth of its range2026
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since Aug 2019; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Operating margin
-4.4%
13.6%
75.9%
39.0%
45.6%
▲ 6.6 pts
Net margin
-14.8%
4.3%
48.5%
20.7%
26.7%
▲ 6.0 pts
Return on assets (ROA)
-6.0%
3.5%
22.9%
7.4%
11.1%
▲ 3.7 pts
Return on equity (ROE)
—
—
195.3%
57.1%
67.3%
▲ 10 pts
Free cash flow margin
9.5%
26.0%
30.9%
20.1%
12.3%
▼ 7.8 pts
Current ratio
1.08×
0.83×
1.63×
1.08×
0.94×
▼ 13%
Quick ratio
0.93×
0.70×
1.51×
0.97×
0.81×
▼ 16%
Debt to equity
—
—
4.72×
4.05×
2.91×
▼ 28%
Interest coverage
-0.49×
3.24×
13.57×
6.07×
9.61×
▲ 58%
LNG price history
Price history is added with the daily price update and will appear after the next one.