NYSE : LNG
Cheniere Energy, Inc. — Financial statements
Energy · Oil & Gas Midstream · United States
Last price 330.32 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 67.45B
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Financial statements
Cheniere Energy, Inc. (LNG) reported revenue of 22.67B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 136.00M | 136.00M | 135.00M | 135.00M | 1.07B | 269.00M |
| Other Revenue | 22.54B | 19.35B | 15.32B | 19.65B | 32.24B | 17.26B |
| Revenue | 22.67B | 19.49B | 15.45B | 19.78B | 33.31B | 17.53B |
| Cost of Revenue | 14.76B | 9.12B | 7.88B | 3.19B | 27.31B | 15.22B |
| Gross Profit | 7.91B | 10.37B | 7.58B | 16.59B | 5.99B | 2.31B |
| Selling, General & Admin | 423.00M | 383.00M | 441.00M | 474.00M | 416.00M | 325.00M |
| Other Operating Expenses | -479.00M | -499.00M | -172.00M | -593.00M | -44.00M | 1.71B |
| Operating Expenses | 1.44B | 1.21B | 1.49B | 1.08B | 1.49B | 3.05B |
| Operating Income | 6.47B | 9.16B | 6.09B | 15.51B | 4.50B | -734.00M |
| Interest Expense | -1.07B | -948.00M | -1.01B | -1.14B | -1.41B | -1.44B |
| Interest & Investment Income | 71.00M | 106.00M | 189.00M | 211.00M | 57.00M | 3.00M |
| Currency Exchange Gain (Loss) | 50.00M | -46.00M | 41.00M | -24.00M | 57.00M | 33.00M |
| Other Non Operating Income (Expenses) | -57.00M | -6.00M | 5.00M | 4.00M | -50.00M | -26.00M |
| EBT Excluding Unusual Items | 5.46B | 8.26B | 5.31B | 14.56B | 3.16B | -2.16B |
| Gain (Loss) on Sale of Investments | 26.00M | 26.00M | ||||
| Other Unusual Items | -8.00M | -8.00M | -9.00M | 15.00M | -66.00M | -116.00M |
| Pretax Income | 5.48B | 8.28B | 5.30B | 14.58B | 3.09B | -2.28B |
| Income Tax Expense | 831.00M | 1.49B | 811.00M | 2.52B | 459.00M | -713.00M |
| Earnings From Continuing Operations | 4.65B | 6.79B | 4.49B | 12.06B | 2.63B | -1.56B |
| Minority Interest in Earnings | -1.61B | -1.46B | -1.24B | -2.18B | -1.21B | -778.00M |
| Net Income | 3.04B | 5.33B | 3.25B | 9.88B | 1.43B | -2.34B |
| Preferred Dividends & Other Adjustments | 7.00M | 15.00M | ||||
| Net Income to Common | 3.03B | 5.32B | 3.25B | 9.88B | 1.43B | -2.34B |
| Shares Outstanding (Basic) | 210.03M | 219.70M | 228.40M | 241.00M | 251.10M | 253.40M |
| Shares Outstanding (Diluted) | 210.55M | 220.30M | 229.10M | 242.60M | 253.40M | 253.40M |
| EPS (Basic) | 14.43 | 24.19 | 14.24 | 41.00 | 5.69 | -9.25 |
| EPS (Diluted) | 14.40 | 24.13 | 14.20 | 40.72 | 5.64 | -9.25 |
| Free Cash Flow | 3.79B | 2.46B | 3.16B | 6.30B | 8.69B | 1.50B |
| Free Cash Flow Per Share | 17.99 | 11.17 | 13.78 | 25.96 | 34.30 | 5.93 |
| Dividend Per Share | 2.29 | 2.11 | 1.87 | 1.66 | 1.45 | 0.66 |
| Gross Margin | 34.89% | 53.22% | 49.02% | 83.87% | 17.99% | 13.20% |
| Operating Margin | 28.54% | 46.99% | 39.39% | 78.42% | 13.52% | -4.19% |
| Profit Margin | 13.37% | 27.27% | 21.04% | 49.95% | 4.29% | -13.36% |
| Free Cash Flow Margin | 16.70% | 12.63% | 20.42% | 31.83% | 26.10% | 8.57% |
| EBITDA | 7.97B | 10.49B | 7.31B | 16.71B | 5.62B | 277.00M |
| EBITDA Margin | 35.14% | 53.82% | 47.28% | 84.47% | 16.88% | 1.58% |
| D&A For EBITDA | 1.50B | 1.33B | 1.22B | 1.20B | 1.12B | 1.01B |
| EBIT | 6.47B | 9.16B | 6.09B | 15.51B | 4.50B | -734.00M |
| EBIT Margin | 28.54% | 46.99% | 39.39% | 78.42% | 13.52% | -4.19% |
| Effective Tax Rate | 15.16% | 17.97% | 15.29% | 17.28% | 14.84% | |
| Revenue as Reported | 23.22B | 19.98B | 15.70B | 20.39B | 33.43B | 15.86B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.66B | 1.10B | 2.64B | 4.07B | 1.35B | 1.40B |
| Trading Asset Securities | 14.00M | 1.00M | 32.00M | 92.00M | 84.00M | 2.00M |
| Cash & Short-Term Investments | 1.68B | 1.10B | 2.67B | 4.16B | 1.44B | 1.41B |
| Accounts Receivable | 1.39B | 1.27B | 667.00M | 986.00M | 1.86B | 1.45B |
| Other Receivables | 32.00M | 143.00M | 66.00M | 126.00M | 101.00M | 64.00M |
| Receivables | 1.42B | 1.41B | 733.00M | 1.11B | 1.96B | 1.51B |
| Inventory | 722.00M | 524.00M | 501.00M | 445.00M | 826.00M | 706.00M |
| Restricted Cash | 393.00M | 485.00M | 552.00M | 459.00M | 1.13B | 413.00M |
| Other Current Assets | 404.00M | 173.00M | 345.00M | 157.00M | 252.00M | 1.02B |
| Total Current Assets | 4.71B | 3.69B | 4.80B | 6.33B | 5.61B | 5.06B |
| Property, Plant & Equipment | 39.85B | 38.45B | 36.24B | 35.10B | 34.15B | 32.39B |
| Long-Term Investments | 78.00M | 129.00M | 111.00M | 16.00M | 56.00M | |
| Goodwill | 77.00M | 77.00M | 77.00M | 77.00M | 77.00M | |
| Long-Term Accounts Receivable | 394.00M | 325.00M | 244.00M | 171.00M | 135.00M | |
| Long-Term Deferred Tax Assets | 12.00M | 19.00M | 26.00M | 864.00M | 1.20B | |
| Long-Term Deferred Charges | 66.00M | 65.00M | 58.00M | 60.00M | 34.00M | |
| Other Long-Term Assets | 4.28B | 5.11B | 2.21B | 1.13B | 317.00M | 306.00M |
| Total Assets | 48.84B | 47.88B | 43.86B | 43.08B | 41.27B | 39.26B |
| Accounts Payable | 420.00M | 123.00M | 171.00M | 181.00M | 124.00M | 155.00M |
| Accrued Expenses | 1.69B | 1.69B | 1.44B | 1.48B | 2.44B | 1.83B |
| Short-Term Debt | 249.00M | |||||
| Current Portion of Long-Term Debt | 1.35B | 306.00M | 351.00M | 300.00M | 813.00M | 157.00M |
| Current Portion of Leases | 601.00M | 627.00M | 636.00M | 690.00M | 644.00M | 537.00M |
| Current Income Taxes Payable | 207.00M | 90.00M | 472.00M | 68.00M | ||
| Current Unearned Revenue | 158.00M | 150.00M | 163.00M | 179.00M | 234.00M | 155.00M |
| Other Current Liabilities | 808.00M | 935.00M | 1.21B | 993.00M | 2.54B | 1.61B |
| Total Current Liabilities | 5.24B | 3.92B | 4.44B | 3.89B | 6.79B | 4.69B |
| Long-Term Debt | 22.58B | 22.51B | 22.55B | 23.40B | 24.05B | 29.45B |
| Long-Term Leases | 3.15B | 3.01B | 2.58B | 2.44B | 2.46B | 1.60B |
| Long-Term Unearned Revenue | 115.00M | 86.00M | ||||
| Long-Term Deferred Tax Liabilities | 3.76B | 3.70B | 1.86B | 1.54B | ||
| Other Long-Term Liabilities | 2.13B | 1.68B | 2.37B | 2.67B | 8.04B | 3.55B |
| Total Liabilities | 36.87B | 34.80B | 33.80B | 34.06B | 41.44B | 39.29B |
| Common Stock | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M | 1.00M |
| Additional Paid-In Capital | 4.62B | 4.52B | 4.45B | 4.38B | 4.31B | 4.38B |
| Retained Earnings | 12.63B | 12.24B | 7.38B | 4.55B | -4.94B | -6.02B |
| Treasury Stock | -10.69B | -8.85B | -6.14B | -3.86B | -2.34B | -928.00M |
| Total Common Equity | 6.55B | 7.92B | 5.70B | 5.06B | -2.97B | -2.57B |
| Minority Interest | 5.42B | 5.16B | 4.36B | 3.96B | 2.80B | 2.54B |
| Shareholders' Equity | 11.97B | 13.08B | 10.06B | 9.02B | -171.00M | -33.00M |
| Total Liabilities & Equity | 48.84B | 47.88B | 43.86B | 43.08B | 41.27B | 39.26B |
| Total Debt | 27.69B | 26.45B | 26.12B | 26.82B | 27.98B | 31.99B |
| Net Cash (Debt) | -26.01B | -25.35B | -23.45B | -22.67B | -26.54B | -30.58B |
| Net Cash Per Share | -123.53 | -115.05 | -102.34 | -93.43 | -104.74 | -120.69 |
| Filing Date Shares Outstanding | 204.20M | 210.20M | 223.67M | 234.69M | 243.70M | 254.40M |
| Total Common Shares Outstanding | 205.10M | 212.40M | 224.00M | 237.00M | 245.50M | 253.60M |
| Working Capital | -523.00M | -224.00M | 360.00M | 2.44B | -1.19B | 363.00M |
| Book Value Per Share | 31.96 | 37.26 | 25.44 | 21.35 | -12.09 | -10.14 |
| Tangible Book Value | 6.55B | 7.84B | 5.62B | 4.98B | -3.05B | -2.65B |
| Tangible Book Value Per Share | 31.96 | 36.90 | 25.10 | 21.03 | -12.41 | -10.44 |
| Land | 1.00B | 745.00M | 465.00M | 463.00M | 451.00M | 442.00M |
| Machinery | 68.00M | 53.00M | 45.00M | |||
| Construction In Progress | 3.24B | 4.10B | 5.49B | 3.48B | 1.69B | 3.00B |
| Leasehold Improvements | 43.00M | 48.00M | 45.00M |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 3.04B | 5.33B | 3.25B | 9.88B | 1.43B | -2.34B |
| Depreciation & Amortization | 1.50B | 1.33B | 1.22B | 1.20B | 1.12B | 1.01B |
| Other Amortization | 38.00M | 38.00M | 42.00M | 44.00M | 57.00M | 72.00M |
| Stock-Based Compensation | 211.00M | 161.00M | 215.00M | 250.00M | 205.00M | 140.00M |
| Other Operating Activities | 3.01B | 416.00M | 853.00M | -2.78B | 8.02B | 4.84B |
| Change in Accounts Receivable | -103.00M | -640.00M | 380.00M | 840.00M | -502.00M | -799.00M |
| Change in Inventory | -293.00M | -32.00M | -57.00M | 377.00M | -123.00M | -409.00M |
| Change in Accounts Payable | 719.00M | -232.00M | 248.00M | -982.00M | 250.00M | 1.14B |
| Change in Unearned Revenue | -41.00M | -41.00M | -2.00M | 3.00M | 124.00M | 55.00M |
| Change in Other Net Operating Assets | -892.00M | -790.00M | -757.00M | -415.00M | -56.00M | -1.25B |
| Operating Cash Flow | 7.18B | 5.54B | 5.39B | 8.42B | 10.52B | 2.47B |
| Capital Expenditures | -3.39B | -3.08B | -2.24B | -2.12B | -1.83B | -966.00M |
| Sale of Property, Plant & Equipment | 68.00M | |||||
| Investment in Securities | -2.00M | -2.00M | -12.00M | -61.00M | -15.00M | |
| Other Investing Activities | -40.00M | 68.00M | -29.00M | -20.00M | 1.00M | -14.00M |
| Investing Cash Flow | -3.43B | -3.01B | -2.28B | -2.20B | -1.84B | -912.00M |
| Long-Term Debt Issued | 1.99B | 2.73B | 1.40B | 1.57B | 5.91B | |
| Long-Term Debt Repaid | -2.09B | -3.52B | -2.60B | -6.77B | -6.81B | |
| Net Debt Issued (Repaid) | 1.38B | -105.00M | -796.00M | -1.20B | -5.20B | -899.00M |
| Repurchase of Common Stock | -2.90B | -2.77B | -2.31B | -1.54B | -1.44B | -57.00M |
| Common Dividends Paid | -466.00M | -451.00M | -412.00M | -393.00M | -349.00M | -85.00M |
| Other Financing Activities | -1.10B | -799.00M | -935.00M | -1.05B | -1.03B | -776.00M |
| Financing Cash Flow | -3.09B | -4.13B | -4.45B | -4.18B | -8.01B | -1.82B |
| Foreign Exchange Rate Adjustments | -3.00M | 1.00M | 2.00M | 5.00M | ||
| Net Cash Flow | 658.00M | -1.61B | -1.33B | 2.04B | 670.00M | -260.00M |
| Free Cash Flow | 3.79B | 2.46B | 3.16B | 6.30B | 8.69B | 1.50B |
| Free Cash Flow Margin | 16.70% | 12.63% | 20.42% | 31.83% | 26.10% | 8.57% |
| Free Cash Flow Per Share | 17.99 | 11.17 | 13.78 | 25.96 | 34.30 | 5.93 |
| Levered Free Cash Flow | 1.80B | 2.65B | 3.01B | 7.91B | 2.55B | -1.02B |
| Unlevered Free Cash Flow | 2.43B | 3.20B | 3.60B | 8.58B | 3.37B | -193.75M |
| Cash Interest Paid | 868.00M | 844.00M | 1.07B | 1.03B | 891.00M | 1.36B |
| Cash Income Tax Paid | 32.00M | -92.00M | 117.00M | 30.00M | 4.00M | |
| Change in Working Capital | -610.00M | -1.74B | -188.00M | -177.00M | -307.00M | -1.25B |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 67.45B | 41.84B | 48.21B | 40.67B | 37.29B | 25.72B |
| Enterprise Value | 93.46B | 71.57B | 76.40B | 67.32B | 66.48B | 58.69B |
| Last Close Price | 330.32 | 193.01 | 211.39 | 166.22 | 144.51 | 96.79 |
| PE Ratio | 22.94 | 7.87 | 14.82 | 4.12 | 26.11 | |
| Forward PE | 14.27 | 14.38 | 20.84 | 17.31 | 6.87 | 10.98 |
| PS Ratio | 2.98 | 2.15 | 3.12 | 2.06 | 1.12 | 1.47 |
| PB Ratio | 10.34 | 3.20 | 4.79 | 4.51 | -218.06 | -779.36 |
| P/TBV Ratio | 10.29 | 5.34 | 8.57 | 8.16 | ||
| P/FCF Ratio | 17.81 | 17.00 | 15.28 | 6.46 | 4.29 | 17.11 |
| P/OCF Ratio | 9.40 | 7.55 | 8.94 | 4.83 | 3.54 | 10.42 |
| PEG Ratio | 0.66 | 0.66 | 0.66 | 0.66 | 0.66 | |
| EV/Sales Ratio | 4.12 | 3.67 | 4.94 | 3.40 | 2.00 | 3.35 |
| EV/EBITDA Ratio | 11.73 | 6.83 | 10.46 | 4.03 | 11.83 | 211.87 |
| EV/EBIT Ratio | 14.44 | 7.82 | 12.55 | 4.34 | 14.77 | |
| EV/FCF Ratio | 24.68 | 29.08 | 24.21 | 10.69 | 7.65 | 39.05 |
| Debt / Equity Ratio | 2.31 | 2.02 | 2.60 | 2.97 | -163.61 | -969.39 |
| Debt / EBITDA Ratio | 3.18 | 2.37 | 3.34 | 1.58 | 4.66 | 40.54 |
| Debt / FCF Ratio | 7.31 | 10.75 | 8.28 | 4.26 | 3.22 | 21.28 |
| Net Debt / Equity Ratio | 2.17 | 1.94 | 2.33 | 2.51 | -155.21 | -926.79 |
| Net Debt / EBITDA Ratio | 3.27 | 2.42 | 3.21 | 1.36 | 4.72 | 110.41 |
| Net Debt / FCF Ratio | 6.87 | 10.30 | 7.43 | 3.60 | 3.05 | 20.35 |
| Asset Turnover | 0.48 | 0.42 | 0.36 | 0.47 | 0.83 | 0.47 |
| Inventory Turnover | 25.02 | 17.79 | 16.66 | 5.02 | 35.66 | 30.50 |
| Quick Ratio | 0.59 | 0.64 | 0.77 | 1.35 | 0.50 | 0.62 |
| Current Ratio | 0.90 | 0.94 | 1.08 | 1.63 | 0.82 | 1.08 |
| Return on Equity (ROE) | 39.68% | 58.73% | 47.09% | 272.55% | -143.25% | |
| Return on Assets (ROA) | 8.61% | 12.48% | 8.75% | 22.99% | 6.99% | -1.22% |
| Return on Invested Capital (ROIC) | 14.39% | 20.89% | 15.82% | 38.79% | 11.11% | -2.19% |
| Return on Capital Employed (ROCE) | 14.80% | 20.80% | 15.40% | 39.60% | 13.10% | -2.10% |
| Earnings Yield | 4.36% | 12.74% | 6.75% | 24.29% | 3.83% | -9.11% |
| FCF Yield | 5.61% | 5.88% | 6.55% | 15.48% | 23.31% | 5.84% |
| Dividend Yield | 0.76% | 1.07% | 0.87% | 0.97% | 0.95% | 0.65% |
| Payout Ratio | 17.36% | 8.46% | 12.67% | 3.98% | 24.44% | |
| Buyback Yield / Dilution | 5.56% | 3.84% | 5.56% | 4.26% | 0.91% | -0.40% |
| Total Shareholder Return | 6.32% | 4.91% | 6.43% | 5.23% | 1.86% | 0.26% |