Cheniere Energy, Inc.
LNG· NYSE· Natural Gas Distribution
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- 12.6%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- +15.9%
We record prices for the companies we cover; LNG is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 220.3M
- Revenue
- $19.5B
- Free cash flow
- $2.5B
- Owner earnings
- $2.3B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 46.8%
- Net
- 27.4%
- Free cash flow
- 12.6%
- Owner earnings
- 11.8%
- Stock pay
- 0.8%
Returns
- ROIC, FY2025
- 25.2%
- ROIC, 5 yr avg
- –
- ROE, FY2025
- 67.3%
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- -16.4%
- Revenue, 5 yr
- 15.9%
- Revenue, 9 yr
- 35.3%
- Diluted EPS, 3 yr
- 62.3%
- Diluted EPS, 5 yr
- –
- Diluted EPS, 9 yr
- –
- Free cash flow, 3 yr
- -34.3%
- Free cash flow, 5 yr
- –
- Free cash flow, 9 yr
- –
Financial health · FY2025
- Cash and investments
- $1.1B
- Total debt
- $22.8B
- Net debt
- $21.7B
- Debt/Equity
- 2.9x
- Debt/FCF
- 9.3x
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- 8.5%
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- -2.7%
Financials: ten years from the 10-Ks
Revenue
$19.5B
+35.3% a year over 9 years
FY2016FY2025
Margins
Operating46.8%Net27.4%
FY2025
FY2016FY2025
Free cash flow and owner earnings
Free cash flow$2.5BOwner earnings$2.3B
FY2025
FY2016FY2025
Diluted shares
220.3M
-3.7% over 9 years, net buybacks
FY2016FY2025
Return on invested capital
25.2%
FY2025
FY2016FY2025
Net debt (below zero)
-$21.7B
$21.7B more debt than cash
FY2016FY2025
Every figure, year by year
| Fiscal year | FY2016 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| The business | ||||||||||
| Revenue | $1.3B | $5.6B | $7.9B | $9.2B | $9.3B | $17.5B | $33.3B | $19.8B | $15.4B | $19.5B |
| Revenue growth | 373.1% | 340.3% | 39.9% | 16.0% | 1.5% | 88.6% | 90.0% | -40.6% | -22.1% | 26.3% |
| Gross margin | – | – | – | – | – | – | – | – | – | – |
| Operating margin | -2.3% | 24.6% | 25.6% | 25.8% | 28.3% | -4.0% | 13.7% | 78.3% | 39.8% | 46.8% |
| Net income | -$610.0M | -$393.0M | $471.0M | $648.0M | -$85.0M | -$2.3B | $1.4B | $9.9B | $3.3B | $5.3B |
| Net margin | -47.6% | -7.0% | 6.0% | 7.1% | -0.9% | -13.4% | 4.3% | 50.0% | 21.1% | 27.4% |
| Diluted EPS | $-2.67 | $-1.68 | $1.90 | $2.51 | $-0.34 | $-9.25 | $5.64 | $40.72 | $14.20 | $24.13 |
| Return on invested capital? | – | 6.0% | 7.4% | – | 8.3% | – | 18.9% | 51.9% | 20.0% | 25.2% |
| Cash | ||||||||||
| Operating cash flow | -$404.0M | $1.2B | $2.0B | $1.8B | $1.3B | $2.5B | $10.5B | $8.4B | $5.4B | $5.5B |
| Capital expenditure | $4.4B | $3.4B | $3.6B | $3.1B | $1.8B | $966.0M | $1.8B | $2.1B | $2.2B | $3.1B |
| Free cash flow | -$4.8B | -$2.1B | -$1.7B | -$1.2B | -$574.0M | $1.5B | $8.7B | $6.3B | $3.2B | $2.5B |
| Stock-based compensation | $101.0M | $91.0M | $113.0M | $131.0M | $110.0M | $140.0M | $205.0M | $250.0M | $215.0M | $161.0M |
| Owner earnings? | -$4.9B | -$2.2B | -$1.8B | -$1.4B | -$684.0M | $1.4B | $8.5B | $6.0B | $2.9B | $2.3B |
| Free cash flow per share | $-20.80 | $-9.12 | $-6.67 | $-4.74 | $-2.27 | $5.93 | $34.31 | $25.96 | $13.78 | $11.17 |
| Capital allocation | ||||||||||
| Dividends paid | – | – | – | $0 | $0 | $85.0M | $349.0M | $393.0M | $412.0M | $451.0M |
| Share repurchases | – | $0 | $0 | $249.0M | $155.0M | $9.0M | $1.4B | $1.5B | $2.3B | $2.7B |
| Diluted shares | 228.8M | 233.1M | 248.0M | 258.1M | 252.4M | 253.4M | 253.4M | 242.6M | 229.1M | 220.3M |
| Share count change? | 0.8% | 1.9% | 6.4% | 4.1% | -2.2% | 0.4% | 0.0% | -4.3% | -5.6% | -3.8% |
| Balance sheet | ||||||||||
| Cash and equivalents | $876.0M | $722.0M | $981.0M | $2.5B | $1.6B | $1.4B | $1.4B | $4.1B | $2.6B | $1.1B |
| Short-term investments | – | – | – | – | – | – | – | – | – | – |
| Total debt | $21.7B | $25.3B | $28.2B | $30.8B | $30.8B | $29.8B | $24.9B | $23.7B | $22.9B | $22.8B |
| Net debt | $20.8B | $24.6B | $27.2B | $28.3B | $29.2B | $28.4B | $23.5B | $19.6B | $20.3B | $21.7B |
| Shareholders' equity | -$1.4B | -$1.8B | -$526.0M | -$14.0M | -$191.0M | -$2.6B | -$3.0B | $5.1B | $5.7B | $7.9B |
Latest filings
| 2026-10-29 | 8-K | Earnings release |
| 2026-10-29 | 10-Q | Quarterly report |
| 2026-08-06 | 8-K | Earnings release |
| 2026-08-06 | 10-Q | Quarterly report |
| 2026-05-07 | 8-K | Earnings release |
| 2026-05-07 | 10-Q | Quarterly report |
| 2026-04-07 | DEF 14A | Proxy statement |
| 2026-02-26 | 8-K | Earnings release |
| 2026-02-26 | 10-K | Annual report |
| 2025-10-30 | 8-K | Earnings release |
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