CQP Cheniere Energy Partners margins

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Relative Growth: Rel. Growth: 89
Relative Strength: Rel. Strength: 66
Relative Valuation: Rel. Valuation: 85
Relative Profitability: Rel. Profitability: 86
Gross margin
40.6%
Operating margin
33.6%
EBITDA margin
39.8%
Net margin
27.3%

The Cheniere Energy Partners reports a gross margin of 40.6%, an operating margin of 33.6%, an EBITDA margin of 39.8%, and a net margin of 27.3%. All available margins expanded year over year, led by net margin with an increase of 2.7 percentage points.

CQP margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, Cheniere Energy Partners's margins averaged 44.98% gross, 36.85% operating, 44.17% EBITDA, and 29.17% net. All four current margins are below their three-year averages.

CQP margin expansion

Year-over-year margin changes in percentage points

The biggest expansion was in net margin, which rose by 2.7 percentage points. The other available margins also improved.

Gross margin expansion
0.7pp
Operating margin expansion
1.7pp
EBITDA margin expansion
0.5pp
Net margin expansion
2.7pp

CQP Gross margin

The average gross margin for Cheniere Energy Partners was 44.98% across the past 3 years. Right now, the current gross margin for Cheniere Energy Partners is 40.6%, 4.4 percentage points below its three-year average. The gross margin for Cheniere Energy Partners moved between 35.6% in Mar 2026 and 60.2% in Dec 2023.

CQP Operating margin

Over the last 3 years, Cheniere Energy Partners's operating margin averaged 36.85%. The current operating margin of 33.6% is 3.3 percentage points below its three-year average. During this period, operating margin reached a high of 52.1% in Dec 2023 and a low of 28.5% in Mar 2026.

CQP EBITDA margin

Cheniere Energy Partners recorded an average EBITDA margin of 44.17% across the last 3 years. Cheniere Energy Partners's current EBITDA margin is 39.8% and is 4.4 percentage points below its three-year average. EBITDA margin was highest at 59.5% in Dec 2023 and lowest at 34.9% in Mar 2026.

CQP Net margin

Over the last 3 years, the average net margin for Cheniere Energy Partners was 29.17%. The latest net margin for Cheniere Energy Partners is 27.3%, 1.9 percentage points below its three-year average. Cheniere Energy Partners's net margin ranged from a low of 22.3% in Mar 2026 to a high of 44% in Dec 2023.

CQP margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 40.6%, CQP stands higher than its peers average but lower than the Energy sector and the industry average. But when looking at the Energy sector average of 42.5%, Cheniere Energy Partners's gross margin is only 4.5% lower.

CQP margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is Cheniere Energy Partners's gross margin?

The current gross margin for CQP is 40.6% as of Jun 30, 2026.

What is Cheniere Energy Partners's operating margin?

As of Jun 30, 2026, CQP has an operating margin of 33.6%.

What is Cheniere Energy Partners's EBITDA margin?

For the period ending Jun 30, 2026, CQP recorded an EBITDA margin of 39.8%.

What is Cheniere Energy Partners's net margin?

The current net margin for CQP is 27.3% as of Jun 30, 2026.

What are the average margins of CQP?

Over the past 3 years, CQP reported average margins of 45.0% gross, 36.9% operating, 44.2% EBITDA, and 29.2% net.

What are the highest historical margins of CQP?

Cheniere Energy Partners's highest recorded margins during the past 5 years were 63.8% gross in Sep 2023, 57.2% operating in Sep 2023, 63% EBITDA in Sep 2023, and 50.1% net in Sep 2023.

What are the lowest historical margins of CQP?

In the last 5 years, the lowest margins reported by CQP were 13% gross in Sep 2022, 8.5% operating in Sep 2022, 12.3% EBITDA in Sep 2022, and 3.1% net in Sep 2022.