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

Cheniere Energy Partners, L.P. is the larger business by last-quarter revenue ($2.9B vs $1.7B, roughly 1.7× Brookfield Renewable Partners L.P.). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs 5.9%, a 38.3% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (18.3% vs 14.2%).

Brookfield Renewable Partners L.P. is a publicly traded limited partnership that owns and operates renewable power assets, with corporate headquarters in Toronto, Ontario, Canada. It is 60% owned by Brookfield Asset Management.

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 ...

BEP vs CQP — Head-to-Head

Bigger by revenue
CQP
CQP
1.7× larger
CQP
$2.9B
$1.7B
BEP
Growing faster (revenue YoY)
CQP
CQP
+4.1% gap
CQP
18.3%
14.2%
BEP
Higher net margin
CQP
CQP
38.3% more per $
CQP
44.2%
5.9%
BEP

Income Statement — Q2 2025 vs Q4 2025

Metric
BEP
BEP
CQP
CQP
Revenue
$1.7B
$2.9B
Net Profit
$100.0M
$1.3B
Gross Margin
Operating Margin
50.5%
Net Margin
5.9%
44.2%
Revenue YoY
14.2%
18.3%
Net Profit YoY
213.6%
106.6%
EPS (diluted)
$-0.22

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
BEP
BEP
CQP
CQP
Q4 25
$2.9B
Q3 25
$2.4B
Q2 25
$1.7B
$2.5B
Q1 25
$3.0B
Q4 24
$2.5B
Q3 24
$2.1B
Q2 24
$1.5B
$1.9B
Q1 24
$2.3B
Net Profit
BEP
BEP
CQP
CQP
Q4 25
$1.3B
Q3 25
$506.0M
Q2 25
$100.0M
$553.0M
Q1 25
$641.0M
Q4 24
$623.0M
Q3 24
$635.0M
Q2 24
$-88.0M
$570.0M
Q1 24
$682.0M
Operating Margin
BEP
BEP
CQP
CQP
Q4 25
50.5%
Q3 25
29.0%
Q2 25
29.1%
Q1 25
27.6%
Q4 24
33.0%
Q3 24
40.2%
Q2 24
40.4%
Q1 24
38.1%
Net Margin
BEP
BEP
CQP
CQP
Q4 25
44.2%
Q3 25
21.0%
Q2 25
5.9%
22.5%
Q1 25
21.4%
Q4 24
25.3%
Q3 24
30.9%
Q2 24
-5.9%
30.1%
Q1 24
29.7%
EPS (diluted)
BEP
BEP
CQP
CQP
Q4 25
Q3 25
Q2 25
$-0.22
Q1 25
Q4 24
Q3 24
Q2 24
$-0.28
Q1 24

Balance Sheet & Financial Strength

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

Metric
BEP
BEP
CQP
CQP
Cash + ST InvestmentsLiquidity on hand
$1.9B
$182.0M
Total DebtLower is stronger
$14.2B
Stockholders' EquityBook value
$33.3B
Total Assets
$98.6B
$17.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BEP
BEP
CQP
CQP
Q4 25
$182.0M
Q3 25
$121.0M
Q2 25
$1.9B
$108.0M
Q1 25
$94.0M
Q4 24
$270.0M
Q3 24
$331.0M
Q2 24
$1.2B
$351.0M
Q1 24
$333.0M
Total Debt
BEP
BEP
CQP
CQP
Q4 25
$14.2B
Q3 25
$14.2B
Q2 25
$14.2B
Q1 25
$14.7B
Q4 24
$14.8B
Q3 24
$14.8B
Q2 24
$14.8B
Q1 24
$13.6B
Stockholders' Equity
BEP
BEP
CQP
CQP
Q4 25
Q3 25
Q2 25
$33.3B
Q1 25
Q4 24
Q3 24
Q2 24
$28.0B
Q1 24
Total Assets
BEP
BEP
CQP
CQP
Q4 25
$17.4B
Q3 25
$16.8B
Q2 25
$98.6B
$16.9B
Q1 25
$17.1B
Q4 24
$17.5B
Q3 24
$17.4B
Q2 24
$73.8B
$17.5B
Q1 24
$17.5B

Cash Flow & Capital Efficiency

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

Metric
BEP
BEP
CQP
CQP
Operating Cash FlowLast quarter
$379.0M
$887.0M
Free Cash FlowOCF − Capex
$864.0M
FCF MarginFCF / Revenue
29.7%
Capex IntensityCapex / Revenue
0.8%
Cash ConversionOCF / Net Profit
3.79×
0.69×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BEP
BEP
CQP
CQP
Q4 25
$887.0M
Q3 25
$658.0M
Q2 25
$379.0M
$558.0M
Q1 25
$665.0M
Q4 24
$876.0M
Q3 24
$691.0M
Q2 24
$231.0M
$732.0M
Q1 24
$669.0M
Free Cash Flow
BEP
BEP
CQP
CQP
Q4 25
$864.0M
Q3 25
$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
BEP
BEP
CQP
CQP
Q4 25
29.7%
Q3 25
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
BEP
BEP
CQP
CQP
Q4 25
0.8%
Q3 25
2.0%
Q2 25
2.8%
Q1 25
2.0%
Q4 24
2.0%
Q3 24
1.9%
Q2 24
1.6%
Q1 24
1.6%
Cash Conversion
BEP
BEP
CQP
CQP
Q4 25
0.69×
Q3 25
1.30×
Q2 25
3.79×
1.01×
Q1 25
1.04×
Q4 24
1.41×
Q3 24
1.09×
Q2 24
1.28×
Q1 24
0.98×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BEP
BEP

Segment breakdown not available.

CQP
CQP

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

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