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Side-by-side financial comparison of TopBuild Corp (BLD) 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 ($3.6B vs $1.4B, roughly 2.5× TopBuild Corp). TopBuild Corp runs the higher net margin — 7.2% vs 5.2%, a 2.1% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (20.4% vs 17.2%). Over the past eight quarters, Cheniere Energy Partners, L.P.'s revenue compounded faster (37.9% CAGR vs 2.9%).

HashiCorp, Inc. is an American software company with a freemium business model based in San Francisco, California. HashiCorp provides tools and products that enable developers, operators and security professionals to provision, secure, run and connect cloud-computing infrastructure. It was founded in 2012 by Mitchell Hashimoto and Armon Dadgar. The company name HashiCorp is a portmanteau of co-founder last name Hashimoto and Corporation.

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 ...

BLD vs CQP — Head-to-Head

Bigger by revenue
CQP
CQP
2.5× larger
CQP
$3.6B
$1.4B
BLD
Growing faster (revenue YoY)
CQP
CQP
+3.2% gap
CQP
20.4%
17.2%
BLD
Higher net margin
BLD
BLD
2.1% more per $
BLD
7.2%
5.2%
CQP
Faster 2-yr revenue CAGR
CQP
CQP
Annualised
CQP
37.9%
2.9%
BLD

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
BLD
BLD
CQP
CQP
Revenue
$1.4B
$3.6B
Net Profit
$104.8M
$186.0M
Gross Margin
27.7%
Operating Margin
12.1%
10.0%
Net Margin
7.2%
5.2%
Revenue YoY
17.2%
20.4%
Net Profit YoY
-15.1%
EPS (diluted)
$3.73

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
BLD
BLD
CQP
CQP
Q1 26
$1.4B
$3.6B
Q4 25
$1.5B
$2.9B
Q3 25
$1.4B
$2.4B
Q2 25
$1.3B
$2.5B
Q1 25
$1.2B
$3.0B
Q4 24
$1.3B
$2.5B
Q3 24
$1.4B
$2.1B
Q2 24
$1.4B
$1.9B
Net Profit
BLD
BLD
CQP
CQP
Q1 26
$104.8M
$186.0M
Q4 25
$104.5M
$1.3B
Q3 25
$142.2M
$506.0M
Q2 25
$151.6M
$553.0M
Q1 25
$123.4M
$641.0M
Q4 24
$150.5M
$623.0M
Q3 24
$169.0M
$635.0M
Q2 24
$150.7M
$570.0M
Gross Margin
BLD
BLD
CQP
CQP
Q1 26
27.7%
Q4 25
27.2%
Q3 25
30.1%
Q2 25
30.4%
Q1 25
28.5%
Q4 24
29.9%
Q3 24
30.7%
Q2 24
31.0%
Operating Margin
BLD
BLD
CQP
CQP
Q1 26
12.1%
10.0%
Q4 25
12.1%
50.5%
Q3 25
15.4%
29.0%
Q2 25
16.9%
29.1%
Q1 25
14.4%
27.6%
Q4 24
16.6%
33.0%
Q3 24
17.8%
40.2%
Q2 24
15.4%
40.4%
Net Margin
BLD
BLD
CQP
CQP
Q1 26
7.2%
5.2%
Q4 25
7.0%
44.2%
Q3 25
10.2%
21.0%
Q2 25
11.7%
22.5%
Q1 25
10.0%
21.4%
Q4 24
11.5%
25.3%
Q3 24
12.3%
30.9%
Q2 24
11.0%
30.1%
EPS (diluted)
BLD
BLD
CQP
CQP
Q1 26
$3.73
Q4 25
$3.69
Q3 25
$5.04
Q2 25
$5.32
Q1 25
$4.23
Q4 24
$5.07
Q3 24
$5.65
Q2 24
$4.78

Balance Sheet & Financial Strength

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

Metric
BLD
BLD
CQP
CQP
Cash + ST InvestmentsLiquidity on hand
$268.8M
$279.0M
Total DebtLower is stronger
$2.8B
Stockholders' EquityBook value
$2.4B
Total Assets
$6.7B
$17.1B
Debt / EquityLower = less leverage
1.18×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BLD
BLD
CQP
CQP
Q1 26
$268.8M
$279.0M
Q4 25
$184.7M
$182.0M
Q3 25
$1.1B
$121.0M
Q2 25
$842.5M
$108.0M
Q1 25
$308.8M
$94.0M
Q4 24
$400.3M
$270.0M
Q3 24
$257.3M
$331.0M
Q2 24
$463.2M
$351.0M
Total Debt
BLD
BLD
CQP
CQP
Q1 26
$2.8B
Q4 25
$2.8B
$14.2B
Q3 25
$2.9B
$14.2B
Q2 25
$1.9B
$14.2B
Q1 25
$1.4B
$14.7B
Q4 24
$1.4B
$14.8B
Q3 24
$1.4B
$14.8B
Q2 24
$1.4B
$14.8B
Stockholders' Equity
BLD
BLD
CQP
CQP
Q1 26
$2.4B
Q4 25
$2.3B
Q3 25
$2.2B
Q2 25
$2.1B
Q1 25
$2.1B
Q4 24
$2.2B
Q3 24
$2.1B
Q2 24
$2.4B
Total Assets
BLD
BLD
CQP
CQP
Q1 26
$6.7B
$17.1B
Q4 25
$6.6B
$17.4B
Q3 25
$6.4B
$16.8B
Q2 25
$5.1B
$16.9B
Q1 25
$4.6B
$17.1B
Q4 24
$4.7B
$17.5B
Q3 24
$4.7B
$17.4B
Q2 24
$4.9B
$17.5B
Debt / Equity
BLD
BLD
CQP
CQP
Q1 26
1.18×
Q4 25
1.23×
Q3 25
1.29×
Q2 25
0.88×
Q1 25
0.65×
Q4 24
0.62×
Q3 24
0.66×
Q2 24
0.59×

Cash Flow & Capital Efficiency

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

Metric
BLD
BLD
CQP
CQP
Operating Cash FlowLast quarter
$160.7M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.53×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BLD
BLD
CQP
CQP
Q1 26
$160.7M
Q4 25
$176.7M
$887.0M
Q3 25
$233.3M
$658.0M
Q2 25
$193.7M
$558.0M
Q1 25
$152.6M
$665.0M
Q4 24
$266.2M
$876.0M
Q3 24
$240.7M
$691.0M
Q2 24
$90.4M
$732.0M
Free Cash Flow
BLD
BLD
CQP
CQP
Q1 26
Q4 25
$159.4M
$864.0M
Q3 25
$216.2M
$610.0M
Q2 25
$182.2M
$490.0M
Q1 25
$139.2M
$605.0M
Q4 24
$253.7M
$827.0M
Q3 24
$219.8M
$652.0M
Q2 24
$74.3M
$702.0M
FCF Margin
BLD
BLD
CQP
CQP
Q1 26
Q4 25
10.7%
29.7%
Q3 25
15.5%
25.4%
Q2 25
14.0%
20.0%
Q1 25
11.3%
20.2%
Q4 24
19.3%
33.6%
Q3 24
16.0%
31.7%
Q2 24
5.4%
37.1%
Capex Intensity
BLD
BLD
CQP
CQP
Q1 26
Q4 25
1.2%
0.8%
Q3 25
1.2%
2.0%
Q2 25
0.9%
2.8%
Q1 25
1.1%
2.0%
Q4 24
1.0%
2.0%
Q3 24
1.5%
1.9%
Q2 24
1.2%
1.6%
Cash Conversion
BLD
BLD
CQP
CQP
Q1 26
1.53×
Q4 25
1.69×
0.69×
Q3 25
1.64×
1.30×
Q2 25
1.28×
1.01×
Q1 25
1.24×
1.04×
Q4 24
1.77×
1.41×
Q3 24
1.42×
1.09×
Q2 24
0.60×
1.28×

Financial Flow Comparison

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

Revenue Breakdown by Segment

BLD
BLD

Installation Services$651.1M45%
Specialty Distribution$562.9M39%
Other$231.8M16%

CQP
CQP

LNG revenues$2.7B75%
LNG revenues-affiliate$846.0M24%
Regasification revenues$34.0M1%
Other revenues$17.0M0%

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