Venture Global, Inc.
VG· NYSE· Natural Gas Distribution
- Market cap
- –
- P/FCF
- –
- EV/Sales
- –
- FCF margin
- -49.4%
- ROIC, 5 yr avg
- –
- Revenue, 5 yr CAGR
- –
We record prices for the companies we cover; VG is not one of them yet.
Company statistics
Profile · FY2025
- Market cap
- –
- Enterprise value
- –
- Diluted shares
- 2.63B
- Revenue
- $13.8B
- Free cash flow
- -$6.8B
- Owner earnings
- -$6.8B
Valuation · FY2025
- P/E
- –
- P/FCF
- –
- P/Owner earnings
- –
- EV/Sales
- –
- EV/FCF
- –
- P/B
- –
Margins · FY2025
- Gross
- –
- Operating
- 37.4%
- Net
- –
- Free cash flow
- -49.4%
- Owner earnings
- -49.7%
- Stock pay
- 0.3%
Returns
- ROIC, FY2025
- 10.9%
- ROIC, 5 yr avg
- –
- ROE, FY2025
- –
- ROE, 5 yr avg
- –
Growth (CAGR)
- Revenue, 3 yr
- –
- Revenue, 5 yr
- –
- Revenue, 2 yr
- 32.0%
- Diluted EPS, 3 yr
- –
- Diluted EPS, 5 yr
- –
- Diluted EPS, 2 yr
- -17.1%
- Free cash flow, 3 yr
- –
- Free cash flow, 5 yr
- –
- Free cash flow, 2 yr
- –
Financial health · FY2025
- Cash and investments
- $2.4B
- Total debt
- $34.2B
- Net debt
- $31.9B
- Debt/Equity
- 5.1x
- Debt/FCF
- –
Shareholder returns · FY2025
- Dividend yield
- –
- Payout ratio
- –
- Buyback yield
- –
- Shareholder yield
- –
- Share count, 5 yr
- –
Financials: ten years from the 10-Ks
Revenue
$13.8B
+32.0% a year over 2 years
FY2023FY2025
Margins
37.4%
FY2025
FY2023FY2025
Free cash flow and owner earnings
Free cash flow-$6.8BOwner earnings-$6.8B
FY2025
FY2023FY2025
Diluted shares
2.63B
+23.0% over 2 years, net dilution
FY2023FY2025
Return on invested capital
10.9%
FY2025
FY2023FY2025
Net debt (below zero)
-$31.9B
$31.9B more debt than cash
FY2023FY2025
Every figure, year by year
| Fiscal year | FY2023 | FY2024 | FY2025 |
|---|---|---|---|
| The business | |||
| Revenue | $7.9B | $5.0B | $13.8B |
| Revenue growth | – | -37.0% | 176.9% |
| Gross margin | – | – | – |
| Operating margin | 61.4% | 35.5% | 37.4% |
| Net income | – | – | – |
| Net margin | – | – | – |
| Diluted EPS | $1.25 | $0.57 | $0.86 |
| Return on invested capital? | – | 4.9% | 10.9% |
| Cash | |||
| Operating cash flow | $4.5B | $2.1B | $6.6B |
| Capital expenditure | $8.1B | $13.7B | $13.4B |
| Free cash flow | -$3.5B | -$11.6B | -$6.8B |
| Stock-based compensation | $28.0M | $22.0M | $46.0M |
| Owner earnings? | -$3.6B | -$11.6B | -$6.8B |
| Free cash flow per share | $-1.65 | $-4.48 | $-2.58 |
| Capital allocation | |||
| Dividends paid | $164.0M | $139.0M | $465.0M |
| Share repurchases | – | – | – |
| Diluted shares | 2.14B | 2.58B | 2.63B |
| Share count change? | – | 20.6% | 1.9% |
| Balance sheet | |||
| Cash and equivalents | $5.9B | $3.6B | $2.4B |
| Short-term investments | – | – | – |
| Total debt | – | $29.3B | $34.2B |
| Net debt | – | $25.7B | $31.9B |
| Shareholders' equity | – | $2.9B | $6.7B |
Latest filings
| 2026-10-07 | 8-K | Earnings release |
| 2026-08-11 | 8-K | Earnings release |
| 2026-08-11 | 10-Q | Quarterly report |
| 2026-07-08 | 8-K | Earnings release |
| 2026-05-12 | 8-K | Earnings release |
| 2026-05-12 | 10-Q | Quarterly report |
| 2026-04-09 | 8-K | Earnings release |
| 2026-04-08 | DEF 14A | Proxy statement |
| 2026-03-02 | 8-K | Earnings release |
| 2026-03-02 | 10-K | Annual report |
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