LNG (Cheniere Energy, Inc.) Stock Financials & Earnings | Market Cap Arena

LNG (Cheniere Energy, Inc.) Stock Financials & Earnings | Market Cap Arena

LNGCheniere Energy, Inc.

Mkt Cap$55B

Energy·Oil & Gas Midstream·🇺🇸 United States·NYSE

Revenue (TTM)$20.0B

Net Income (TTM)$5.3B

EPS (TTM)$24.30

Free Cash Flow (TTM)$4.6B

Gross Margin27.3%

Op. Margin45.6%

Net Margin26.7%

FCF Margin22.8%

P/S Ratio (TTM)2.7x

P/E Ratio (TTM)10.2x

YoY Rev Growth+26.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$7.3B	$3.5B	$3.4B
Q2 23	$4.2B	$2.5B	$2.4B
Q3 23	$4.1B	$2.8B	$2.7B
Q4 23	$4.7B	-$5.3B	-$5.5B
Q1 24	$4.2B	$1.5B	$1.4B
Q2 24	$3.2B	$1.0B	$950M
Q3 24	$3.8B	$1.3B	$1.2B
Q4 24	$4.5B	$1.4B	$1.3B
Q1 25	$5.3B	$1.6B	$1.5B
Q2 25	$4.5B	$1.1B	$1.0B
Q3 25	$4.4B	$2.7B	$1.8B
Q4 25	$5.7B	$0	$4.7B

Valuation

Quarter	P/S	P/E
Q1 23	1.6x	7.1x
Q2 23	1.8x	6.5x
Q3 23	2.2x	4.4x
Q4 23	2.7x	5.5x
Q1 24	3.2x	11.0x
Q2 24	3.3x	12.2x
Q3 24	3.4x	14.9x
Q4 24	3.5x	16.8x
Q1 25	3.2x	17.6x
Q2 25	3.0x	14.2x
Q3 25	2.9x	13.6x
Q4 25	2.7x	10.2x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q4 22	$3.0B	$2.5B
Q1 23	$3.4B	$2.7B
Q2 23	$1.6B	$1.2B
Q3 23	$1.7B	$1.3B
Q4 23	$1.7B	$1.0B
Q1 24	$1.2B	$596M
Q2 24	$1.1B	$613M
Q3 24	$1.4B	$875M
Q4 24	$1.6B	$1.1B
Q1 25	$1.2B	$605M
Q2 25	$831M	-$193M
Q3 25	$1.4B	$3.1B

Capital Expenditures

CapEx

Quarter	CapEx
Q4 22	$491M
Q1 23	$712M
Q2 23	$332M
Q3 23	$386M
Q4 23	$691M
Q1 24	$650M
Q2 24	$503M
Q3 24	$516M
Q4 24	$569M
Q1 25	$623M
Q2 25	$1.0B
Q3 25	$1.6B

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	-5.9%	-17.4%
Q2 23	-47.6%	-68.5%
Q3 23	-54.3%	-77.8%
Q4 23	-47.8%	+68.1%
Q1 24	-41.8%	-28.2%
Q2 24	-21.9%	+32.4%
Q3 24	-8.4%	+83.6%
Q4 24	-4.6%	-68.3%
Q1 25	+26.1%	+36.1%
Q2 25	+39.9%	+52.4%
Q3 25	+17.5%	+1.2%
Q4 25	+25.2%	-71.4%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q4 22	$90M	1.0%
Q1 23	$49M	0.7%
Q2 23	$36M	0.9%
Q3 23	$43M	1.0%
Q4 23	$122M	2.6%
Q1 24	$40M	0.9%
Q2 24	$52M	1.6%
Q3 24	$48M	1.3%
Q4 24	$75M	1.7%
Q1 25	$56M	1.1%
Q2 25	$49M	1.1%
Q3 25	$35M	0.8%

OpEx Breakdown

Quarter	R&D	SG&A
Q1 23	$10M	$107M
Q2 23	—	$87M
Q3 23	—	$102M
Q4 23	—	$178M
Q1 24	—	$101M
Q2 24	—	$99M
Q3 24	—	$99M
Q4 24	—	$142M
Q1 25	—	$116M
Q2 25	—	$99M
Q3 25	—	$81M
Q4 25	—	$87M

Revenue Segments

Quarter	Liquefied Natural Gas	Product and Service, Other	Regasification Service
Q3 23	$4.0B	$151M	$34M
Q1 24	$4.0B	$182M	$34M
Q2 24	$3.0B	$175M	$34M
Q3 24	$3.6B	$175M	$34M
Q1 25	$5.3B	$105M	$34M
Q2 25	$4.5B	$92M	$34M
Q3 25	$4.3B	$105M	$34M

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$2.9B	$0	$2.9B
Q2 23	$4.5B	$0	$4.5B
Q3 23	$3.9B	$0	$3.9B
Q4 23	$4.1B	$0	$4.1B
Q1 24	$4.4B	$0	$4.4B
Q2 24	$2.4B	$0	$2.4B
Q3 24	$2.7B	$0	$2.7B
Q4 24	$2.6B	$0	$2.6B
Q1 25	$2.5B	$0	$2.5B
Q2 25	$2.0B	$0	$2.0B
Q3 25	$1.4B	$0	$1.4B
Q4 25	$1.6B	$0	$1.6B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	246M	-1.5%
Q2 23	244M	-0.8%
Q3 23	242M	-0.7%
Q4 23	243M	+0.2%
Q1 24	235M	-3.1%
Q2 24	229M	-2.6%
Q3 24	227M	-0.8%
Q4 24	225M	-0.7%
Q1 25	224M	-0.6%
Q2 25	222M	-0.8%
Q3 25	220M	-1.1%
Q4 25	215M	-2.3%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$419K	642
FY 15	$304K	888
FY 16	$1M	911
FY 17	$5M	1K
FY 18	$6M	1K
FY 19	$6M	2K
FY 20	$6M	2K
FY 21	$11M	2K
FY 22	$22M	2K
FY 23	$13M	2K
FY 24	$9M	2K
FY 25	$12M	2K