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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and F&G Annuities & Life, Inc. (FG). 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 $1.8B, roughly 1.6× F&G Annuities & Life, Inc.). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs 7.3%, a 37.0% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (18.3% vs 13.2%). Over the past eight quarters, Cheniere Energy Partners, L.P.'s revenue compounded faster (12.6% CAGR vs 6.1%).
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 ...
F&G Annuities & Life, Inc. is a public company headquartered in Des Moines, Iowa. It primarily provides annuities, life insurance, and pension buyout services. The company was founded in 1959.
CQP vs FG — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $1.8B |
| Net Profit | $1.3B | $128.0M |
| Gross Margin | — | — |
| Operating Margin | 50.5% | — |
| Net Margin | 44.2% | 7.3% |
| Revenue YoY | 18.3% | 13.2% |
| Net Profit YoY | 106.6% | -60.9% |
| EPS (diluted) | — | $0.97 |
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.
| Q4 25 | $2.9B | $1.8B | ||
| Q3 25 | $2.4B | $1.7B | ||
| Q2 25 | $2.5B | $1.4B | ||
| Q1 25 | $3.0B | $908.0M | ||
| Q4 24 | $2.5B | $1.6B | ||
| Q3 24 | $2.1B | $1.4B | ||
| Q2 24 | $1.9B | $1.2B | ||
| Q1 24 | $2.3B | $1.6B |
| Q4 25 | $1.3B | $128.0M | ||
| Q3 25 | $506.0M | $118.0M | ||
| Q2 25 | $553.0M | $40.0M | ||
| Q1 25 | $641.0M | $-21.0M | ||
| Q4 24 | $623.0M | $327.0M | ||
| Q3 24 | $635.0M | $-6.0M | ||
| Q2 24 | $570.0M | $203.0M | ||
| Q1 24 | $682.0M | $115.0M |
| 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% | — |
| Q4 25 | 44.2% | 7.3% | ||
| Q3 25 | 21.0% | 7.0% | ||
| Q2 25 | 22.5% | 2.9% | ||
| Q1 25 | 21.4% | -2.3% | ||
| Q4 24 | 25.3% | 21.0% | ||
| Q3 24 | 30.9% | -0.4% | ||
| Q2 24 | 30.1% | 17.3% | ||
| Q1 24 | 29.7% | 7.3% |
| Q4 25 | — | $0.97 | ||
| Q3 25 | — | $0.85 | ||
| Q2 25 | — | $0.26 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $2.53 | ||
| Q3 24 | — | $-0.08 | ||
| Q2 24 | — | $1.55 | ||
| Q1 24 | — | $0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $182.0M | $1.5B |
| Total DebtLower is stronger | $14.2B | $2.2B |
| Stockholders' EquityBook value | — | $4.8B |
| Total Assets | $17.4B | $98.4B |
| Debt / EquityLower = less leverage | — | 0.47× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $182.0M | $1.5B | ||
| Q3 25 | $121.0M | $2.2B | ||
| Q2 25 | $108.0M | $1.9B | ||
| Q1 25 | $94.0M | $3.3B | ||
| Q4 24 | $270.0M | $2.3B | ||
| Q3 24 | $331.0M | $3.5B | ||
| Q2 24 | $351.0M | $3.5B | ||
| Q1 24 | $333.0M | $2.4B |
| Q4 25 | $14.2B | $2.2B | ||
| Q3 25 | $14.2B | $2.2B | ||
| Q2 25 | $14.2B | $2.2B | ||
| Q1 25 | $14.7B | $2.2B | ||
| Q4 24 | $14.8B | $2.2B | ||
| Q3 24 | $14.8B | $2.0B | ||
| Q2 24 | $14.8B | $2.0B | ||
| Q1 24 | $13.6B | $1.7B |
| Q4 25 | — | $4.8B | ||
| Q3 25 | — | $4.8B | ||
| Q2 25 | — | $4.4B | ||
| Q1 25 | — | $4.4B | ||
| Q4 24 | — | $4.0B | ||
| Q3 24 | — | $4.3B | ||
| Q2 24 | — | $3.7B | ||
| Q1 24 | — | $3.5B |
| Q4 25 | $17.4B | $98.4B | ||
| Q3 25 | $16.8B | $96.1B | ||
| Q2 25 | $16.9B | $91.8B | ||
| Q1 25 | $17.1B | $88.0B | ||
| Q4 24 | $17.5B | $85.0B | ||
| Q3 24 | $17.4B | $84.1B | ||
| Q2 24 | $17.5B | $78.5B | ||
| Q1 24 | $17.5B | $74.4B |
| Q4 25 | — | 0.47× | ||
| Q3 25 | — | 0.46× | ||
| Q2 25 | — | 0.50× | ||
| Q1 25 | — | 0.51× | ||
| Q4 24 | — | 0.55× | ||
| Q3 24 | — | 0.47× | ||
| Q2 24 | — | 0.56× | ||
| Q1 24 | — | 0.49× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $887.0M | $1.2B |
| Free Cash FlowOCF − Capex | $864.0M | — |
| FCF MarginFCF / Revenue | 29.7% | — |
| Capex IntensityCapex / Revenue | 0.8% | — |
| Cash ConversionOCF / Net Profit | 0.69× | 9.13× |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $887.0M | $1.2B | ||
| Q3 25 | $658.0M | $937.0M | ||
| Q2 25 | $558.0M | $1.6B | ||
| Q1 25 | $665.0M | $956.0M | ||
| Q4 24 | $876.0M | $1.3B | ||
| Q3 24 | $691.0M | $2.1B | ||
| Q2 24 | $732.0M | $1.1B | ||
| Q1 24 | $669.0M | $1.5B |
| 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 | — |
| 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% | — |
| 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% | — |
| Q4 25 | 0.69× | 9.13× | ||
| Q3 25 | 1.30× | 7.94× | ||
| Q2 25 | 1.01× | 40.50× | ||
| Q1 25 | 1.04× | — | ||
| Q4 24 | 1.41× | 4.04× | ||
| Q3 24 | 1.09× | — | ||
| Q2 24 | 1.28× | 5.20× | ||
| Q1 24 | 0.98× | 13.34× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CQP
| Liquefied Natural Gas | $2.9B | 98% |
| Regasification Service | $34.0M | 1% |
| Other | $17.0M | 1% |
FG
Segment breakdown not available.
