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Side-by-side financial comparison of American Electric Power (AEP) and Cheniere Energy Partners, L.P. (CQP). Click either name above to swap in a different company.

American Electric Power is the larger business by last-quarter revenue ($5.1B vs $2.9B, roughly 1.7× Cheniere Energy Partners, L.P.). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs 12.0%, a 32.2% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (18.3% vs 6.2%). Over the past eight quarters, Cheniere Energy Partners, L.P.'s revenue compounded faster (12.6% CAGR vs -0.3%).

American Electric Power Company, Inc., an electric public utility holding company, engages in the generation, transmission, and distribution of electricity for sale to retail and wholesale customers in the United States. It operates through Vertically Integrated Utilities, Transmission and Distribution Utilities, AEP Transmission Holdco, and Generation & Marketing segments. The company generates electricity using coal and lignite, natural gas, nuclear, hydro, solar, wind, and other energy sou...

Total revenue of oil and gas companies is listed in billions of U.S. dollars. Total revenue is usually self-reported by companies, and often reported by neutral, unbiased, reliable publications. Reported data may be subsequently revised or restated due to a wide range of issues such as exchange rates, contract settlements, or mid-year discontinuation of products or services. Fiscal years are for January 1 to December 31, except where noted. Empty cells indicate that no data for that year has ...

AEP vs CQP — Head-to-Head

Bigger by revenue
AEP
AEP
1.7× larger
AEP
$5.1B
$2.9B
CQP
Growing faster (revenue YoY)
CQP
CQP
+12.1% gap
CQP
18.3%
6.2%
AEP
Higher net margin
CQP
CQP
32.2% more per $
CQP
44.2%
12.0%
AEP
Faster 2-yr revenue CAGR
CQP
CQP
Annualised
CQP
12.6%
-0.3%
AEP

Income Statement — Q4 2025 vs Q4 2025

Metric
AEP
AEP
CQP
CQP
Revenue
$5.1B
$2.9B
Net Profit
$605.2M
$1.3B
Gross Margin
Operating Margin
22.1%
50.5%
Net Margin
12.0%
44.2%
Revenue YoY
6.2%
18.3%
Net Profit YoY
-9.1%
106.6%
EPS (diluted)
$1.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
AEP
AEP
CQP
CQP
Q4 25
$5.1B
$2.9B
Q3 25
$6.0B
$2.4B
Q2 25
$5.1B
$2.5B
Q1 25
$5.6B
$3.0B
Q4 24
$4.8B
$2.5B
Q3 24
$5.5B
$2.1B
Q2 24
$4.7B
$1.9B
Q1 24
$5.1B
$2.3B
Net Profit
AEP
AEP
CQP
CQP
Q4 25
$605.2M
$1.3B
Q3 25
$1.0B
$506.0M
Q2 25
$1.3B
$553.0M
Q1 25
$802.2M
$641.0M
Q4 24
$665.9M
$623.0M
Q3 24
$961.7M
$635.0M
Q2 24
$342.5M
$570.0M
Q1 24
$1.0B
$682.0M
Operating Margin
AEP
AEP
CQP
CQP
Q4 25
22.1%
50.5%
Q3 25
25.5%
29.0%
Q2 25
27.7%
29.1%
Q1 25
22.8%
27.6%
Q4 24
23.0%
33.0%
Q3 24
24.7%
40.2%
Q2 24
14.7%
40.4%
Q1 24
23.1%
38.1%
Net Margin
AEP
AEP
CQP
CQP
Q4 25
12.0%
44.2%
Q3 25
16.8%
21.0%
Q2 25
25.5%
22.5%
Q1 25
14.2%
21.4%
Q4 24
14.0%
25.3%
Q3 24
17.6%
30.9%
Q2 24
7.4%
30.1%
Q1 24
19.8%
29.7%
EPS (diluted)
AEP
AEP
CQP
CQP
Q4 25
$1.06
Q3 25
$1.81
Q2 25
$2.29
Q1 25
$1.50
Q4 24
$1.24
Q3 24
$1.80
Q2 24
$0.64
Q1 24
$1.90

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
AEP
AEP
CQP
CQP
Cash + ST InvestmentsLiquidity on hand
$417.0M
$182.0M
Total DebtLower is stronger
$47.3B
$14.2B
Stockholders' EquityBook value
$31.1B
Total Assets
$114.5B
$17.4B
Debt / EquityLower = less leverage
1.52×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
AEP
AEP
CQP
CQP
Q4 25
$417.0M
$182.0M
Q3 25
$1.3B
$121.0M
Q2 25
$439.3M
$108.0M
Q1 25
$463.6M
$94.0M
Q4 24
$418.3M
$270.0M
Q3 24
$474.4M
$331.0M
Q2 24
$428.2M
$351.0M
Q1 24
$447.7M
$333.0M
Total Debt
AEP
AEP
CQP
CQP
Q4 25
$47.3B
$14.2B
Q3 25
$46.1B
$14.2B
Q2 25
$44.5B
$14.2B
Q1 25
$43.0B
$14.7B
Q4 24
$42.6B
$14.8B
Q3 24
$42.0B
$14.8B
Q2 24
$42.1B
$14.8B
Q1 24
$39.8B
$13.6B
Stockholders' Equity
AEP
AEP
CQP
CQP
Q4 25
$31.1B
Q3 25
$30.4B
Q2 25
$29.9B
Q1 25
$27.3B
Q4 24
$26.9B
Q3 24
$26.6B
Q2 24
$26.1B
Q1 24
$25.8B
Total Assets
AEP
AEP
CQP
CQP
Q4 25
$114.5B
$17.4B
Q3 25
$110.3B
$16.8B
Q2 25
$107.8B
$16.9B
Q1 25
$104.4B
$17.1B
Q4 24
$103.1B
$17.5B
Q3 24
$100.1B
$17.4B
Q2 24
$99.6B
$17.5B
Q1 24
$97.7B
$17.5B
Debt / Equity
AEP
AEP
CQP
CQP
Q4 25
1.52×
Q3 25
1.52×
Q2 25
1.49×
Q1 25
1.57×
Q4 24
1.58×
Q3 24
1.58×
Q2 24
1.61×
Q1 24
1.54×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
AEP
AEP
CQP
CQP
Operating Cash FlowLast quarter
$1.8B
$887.0M
Free Cash FlowOCF − Capex
$864.0M
FCF MarginFCF / Revenue
29.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
3.00×
0.69×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
AEP
AEP
CQP
CQP
Q4 25
$1.8B
$887.0M
Q3 25
$2.5B
$658.0M
Q2 25
$1.2B
$558.0M
Q1 25
$1.4B
$665.0M
Q4 24
$1.7B
$876.0M
Q3 24
$2.2B
$691.0M
Q2 24
$1.5B
$732.0M
Q1 24
$1.4B
$669.0M
Free Cash Flow
AEP
AEP
CQP
CQP
Q4 25
$864.0M
Q3 25
$2.2B
$610.0M
Q2 25
$490.0M
Q1 25
$605.0M
Q4 24
$827.0M
Q3 24
$652.0M
Q2 24
$702.0M
Q1 24
$633.0M
FCF Margin
AEP
AEP
CQP
CQP
Q4 25
29.7%
Q3 25
36.3%
25.4%
Q2 25
20.0%
Q1 25
20.2%
Q4 24
33.6%
Q3 24
31.7%
Q2 24
37.1%
Q1 24
27.6%
Capex Intensity
AEP
AEP
CQP
CQP
Q4 25
0.8%
Q3 25
5.0%
2.0%
Q2 25
2.8%
Q1 25
2.0%
Q4 24
2.0%
Q3 24
0.0%
1.9%
Q2 24
1.6%
Q1 24
1.6%
Cash Conversion
AEP
AEP
CQP
CQP
Q4 25
3.00×
0.69×
Q3 25
2.46×
1.30×
Q2 25
0.95×
1.01×
Q1 25
1.81×
1.04×
Q4 24
2.59×
1.41×
Q3 24
2.26×
1.09×
Q2 24
4.27×
1.28×
Q1 24
1.43×
0.98×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

AEP
AEP

Transmissionand Distribution Utilities Revenues$1.5B29%
Electric Generation Transmission Distribution Revenues$956.6M19%
Electricity Transmission And Distribution Revenues$931.8M18%
Industrial$685.8M14%
Marketing Competitive Retailand Renewable$438.3M9%
Wholesale Generation$231.1M5%
Wholesale Transmission$113.6M2%
Other$110.2M2%
Electric Transmission$103.4M2%
Other Retail$60.1M1%

CQP
CQP

Liquefied Natural Gas$2.9B98%
Regasification Service$34.0M1%
Other$17.0M1%

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