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CQP logoCheniere Energy Partners, L.P. (CQP) Earnings History

Annual and quarterly earnings data from 2005 to 2024

TTM Net Income
$2.32B
Profitable
TTM EPS
$4.80
Diluted
YoY EPS Growth
-38.8%
Declining
Net Margin
28.8%
Profitability
Operating Margin37.7%
Gross Margin51.1%
ROEN/A
ROA14.1%
Highest Annual Net Income$4.25B (2023)
Highest Quarterly EPS$4.63 (Q4 2022)
Consecutive Profitable Years8 years
Q3 2025
Net Income$506M
EPS$1.05
QoQ Growth-8.5%Slow

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CQP EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
-38.8%
Declining
3-Year
+12.3%
Strong
5-Year
+13.6%
Strong
10-Year
N/A
N/M

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

CQP Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202451.1%37.7%28.8%
202364.7%52.1%44.0%
202226.0%19.6%14.5%
202137.0%27.1%17.3%
202049.2%34.5%19.2%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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Cheniere Energy Partners, L.P. (CQP) Earnings Overview

As of May 8, 2026, Cheniere Energy Partners, L.P. (CQP) reported trailing twelve-month net income of $2.32B, reflecting -38.8% year-over-year growth. The company earned $4.80 per diluted share over the past four quarters, with a net profit margin of 28.8%.

Looking at the long-term picture, CQP's 5-year EPS compound annual growth rate (CAGR) stands at +13.6%, showing solid earnings momentum. The company achieved its highest annual net income of $4.25B in fiscal 2023.

Cheniere Energy Partners, L.P. maintains industry-leading profitability with a gross margin of 51.1%, operating margin of 37.7%, and net margin of 28.8%. This margin structure demonstrates strong pricing power and operational efficiency. View revenue history →

Compared to peers including LNG ($1.48B net income, 27.1% margin), NFE (-$1.84B net income, -122.6% margin), NEXT (-$306M net income), CQP has outperformed on profitability metrics. Compare CQP vs LNG →

CQP Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
CQP logoCQPCurrent
$2.3B$4.8028.8%--38.8%—
LNG logoLNG
$1.5B$7.0127.1%46.1%+69.9%
NFE logoNFE
-$1.8B$-6.48-122.6%-159.7%-430.4%
NEXT logoNEXT
-$306M$-1.17--15.1%-387.5%
GLNG logoGLNG
$66M$0.6516.7%3.0%+35.4%
ET logoET
$5.6B$1.615.9%10.2%+5.5%
Best in group
Lowest in group

CQP Historical Earnings Data (2005–2024)

20 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2024$2.51B-41.0%$3.28B$4.2528.8%37.7%
2023$4.25B+70.3%$5.04B$6.9544.0%52.1%
2022$2.50B+53.3%$3.38B$3.2714.5%19.6%
2021$1.63B+37.8%$2.56B$3.0017.3%27.1%
2020$1.18B+0.7%$2.13B$2.3219.2%34.5%
2019$1.18B-7.8%$2.04B$2.2517.2%29.8%
2018$1.27B+160.0%$1.98B$2.5119.8%30.8%
2017$490M+386.5%$1.16B$1.2011.4%26.9%
2016-$171M+46.4%$250M$-0.20-15.5%22.8%
2015-$319M+22.2%$3M$-0.43-118.1%1.1%

Full CQP Stock Analysis

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Compare CQP vs SOC

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CQP — Frequently Asked Questions

Quick answers to the most common questions about buying CQP stock.

Is CQP growing earnings?

CQP EPS fell to $4.80, with earnings declining -38.8%. This contrasts with the 5-year CAGR of +13.6%. TTM net income dropped to $2.3B.

What are CQP's profit margins?

Cheniere Energy Partners, L.P. net margin is +28.8%, with operating margin at +37.7%. Above-average margins indicate pricing power.

How consistent are CQP's earnings?

CQP earnings data spans 2005-2024. The declining earnings trend is -38.8% YoY. Historical data enables comparison across business cycles.

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CQP Earnings Over Time (2013–2024)

Net income and EPS trends