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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and Flutter Entertainment plc (FLUT). Click either name above to swap in a different company.
Flutter Entertainment plc is the larger business by last-quarter revenue ($4.7B vs $2.9B, roughly 1.6× Cheniere Energy Partners, L.P.). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs 0.2%, a 44.0% gap on every dollar of revenue. On growth, Flutter Entertainment plc posted the faster year-over-year revenue change (24.9% vs 18.3%). Cheniere Energy Partners, L.P. produced more free cash flow last quarter ($864.0M vs $392.0M). Over the past eight quarters, Flutter Entertainment plc's revenue compounded faster (18.1% CAGR vs 12.6%).
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 ...
Flutter Entertainment plc is an Irish-American multinational sports betting and gambling company. It is listed on the New York Stock Exchange and has a secondary listing on the London Stock Exchange. It owns brands such as Betfair, FanDuel, Paddy Power, PokerStars, Sky Betting & Gaming, and Sportsbet. Flutter is the world's largest online betting company.
CQP vs FLUT — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $2.9B | $4.7B |
| Net Profit | $1.3B | $10.0M |
| Gross Margin | — | 44.5% |
| Operating Margin | 50.5% | 5.4% |
| Net Margin | 44.2% | 0.2% |
| Revenue YoY | 18.3% | 24.9% |
| Net Profit YoY | 106.6% | -93.6% |
| EPS (diluted) | — | $0.00 |
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 | $4.7B | ||
| Q3 25 | $2.4B | $3.8B | ||
| Q2 25 | $2.5B | $4.2B | ||
| Q1 25 | $3.0B | $3.7B | ||
| Q4 24 | $2.5B | $3.8B | ||
| Q3 24 | $2.1B | $3.2B | ||
| Q2 24 | $1.9B | $3.6B | ||
| Q1 24 | $2.3B | $3.4B |
| Q4 25 | $1.3B | $10.0M | ||
| Q3 25 | $506.0M | $-789.0M | ||
| Q2 25 | $553.0M | $37.0M | ||
| Q1 25 | $641.0M | $335.0M | ||
| Q4 24 | $623.0M | $156.0M | ||
| Q3 24 | $635.0M | $-114.0M | ||
| Q2 24 | $570.0M | $297.0M | ||
| Q1 24 | $682.0M | $-177.0M |
| Q4 25 | — | 44.5% | ||
| Q3 25 | — | 42.9% | ||
| Q2 25 | — | 46.8% | ||
| Q1 25 | — | 46.6% | ||
| Q4 24 | — | 48.2% | ||
| Q3 24 | — | 46.1% | ||
| Q2 24 | — | 49.2% | ||
| Q1 24 | — | 47.2% |
| Q4 25 | 50.5% | 5.4% | ||
| Q3 25 | 29.0% | -22.0% | ||
| Q2 25 | 29.1% | 9.3% | ||
| Q1 25 | 27.6% | 6.1% | ||
| Q4 24 | 33.0% | 7.4% | ||
| Q3 24 | 40.2% | 3.0% | ||
| Q2 24 | 40.4% | 10.2% | ||
| Q1 24 | 38.1% | 3.7% |
| Q4 25 | 44.2% | 0.2% | ||
| Q3 25 | 21.0% | -20.8% | ||
| Q2 25 | 22.5% | 0.9% | ||
| Q1 25 | 21.4% | 9.1% | ||
| Q4 24 | 25.3% | 4.1% | ||
| Q3 24 | 30.9% | -3.5% | ||
| Q2 24 | 30.1% | 8.2% | ||
| Q1 24 | 29.7% | -5.2% |
| Q4 25 | — | $0.00 | ||
| Q3 25 | — | $-3.91 | ||
| Q2 25 | — | $0.59 | ||
| Q1 25 | — | $1.57 | ||
| Q4 24 | — | $0.47 | ||
| Q3 24 | — | $-0.58 | ||
| Q2 24 | — | $1.45 | ||
| Q1 24 | — | $-1.10 |
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 | $1.8B |
| Total DebtLower is stronger | $14.2B | $12.3B |
| Stockholders' EquityBook value | — | $9.0B |
| Total Assets | $17.4B | $29.3B |
| Debt / EquityLower = less leverage | — | 1.36× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $182.0M | $1.8B | ||
| Q3 25 | $121.0M | $1.7B | ||
| Q2 25 | $108.0M | $1.7B | ||
| Q1 25 | $94.0M | $1.5B | ||
| Q4 24 | $270.0M | $1.5B | ||
| Q3 24 | $331.0M | $1.5B | ||
| Q2 24 | $351.0M | $1.5B | ||
| Q1 24 | $333.0M | $1.4B |
| Q4 25 | $14.2B | $12.3B | ||
| Q3 25 | $14.2B | $12.1B | ||
| Q2 25 | $14.2B | $10.0B | ||
| Q1 25 | $14.7B | $6.8B | ||
| Q4 24 | $14.8B | $6.7B | ||
| Q3 24 | $14.8B | $6.9B | ||
| Q2 24 | $14.8B | $6.8B | ||
| Q1 24 | $13.6B | $6.8B |
| Q4 25 | — | $9.0B | ||
| Q3 25 | — | $9.2B | ||
| Q2 25 | — | $10.2B | ||
| Q1 25 | — | $9.9B | ||
| Q4 24 | — | $9.3B | ||
| Q3 24 | — | $10.2B | ||
| Q2 24 | — | $9.9B | ||
| Q1 24 | — | $9.5B |
| Q4 25 | $17.4B | $29.3B | ||
| Q3 25 | $16.8B | $29.3B | ||
| Q2 25 | $16.9B | $29.9B | ||
| Q1 25 | $17.1B | $24.8B | ||
| Q4 24 | $17.5B | $24.5B | ||
| Q3 24 | $17.4B | $25.5B | ||
| Q2 24 | $17.5B | $24.3B | ||
| Q1 24 | $17.5B | $24.4B |
| Q4 25 | — | 1.36× | ||
| Q3 25 | — | 1.31× | ||
| Q2 25 | — | 0.97× | ||
| Q1 25 | — | 0.69× | ||
| Q4 24 | — | 0.72× | ||
| Q3 24 | — | 0.67× | ||
| Q2 24 | — | 0.69× | ||
| Q1 24 | — | 0.72× |
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 | $428.0M |
| Free Cash FlowOCF − Capex | $864.0M | $392.0M |
| FCF MarginFCF / Revenue | 29.7% | 8.3% |
| Capex IntensityCapex / Revenue | 0.8% | 0.8% |
| Cash ConversionOCF / Net Profit | 0.69× | 42.80× |
| TTM Free Cash FlowTrailing 4 quarters | $2.6B | $1.1B |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $887.0M | $428.0M | ||
| Q3 25 | $658.0M | $209.0M | ||
| Q2 25 | $558.0M | $359.0M | ||
| Q1 25 | $665.0M | $188.0M | ||
| Q4 24 | $876.0M | $652.0M | ||
| Q3 24 | $691.0M | $290.0M | ||
| Q2 24 | $732.0M | $323.0M | ||
| Q1 24 | $669.0M | $337.0M |
| Q4 25 | $864.0M | $392.0M | ||
| Q3 25 | $610.0M | $196.0M | ||
| Q2 25 | $490.0M | $322.0M | ||
| Q1 25 | $605.0M | $169.0M | ||
| Q4 24 | $827.0M | $595.0M | ||
| Q3 24 | $652.0M | $253.0M | ||
| Q2 24 | $702.0M | $295.0M | ||
| Q1 24 | $633.0M | $315.0M |
| Q4 25 | 29.7% | 8.3% | ||
| Q3 25 | 25.4% | 5.2% | ||
| Q2 25 | 20.0% | 7.7% | ||
| Q1 25 | 20.2% | 4.6% | ||
| Q4 24 | 33.6% | 15.7% | ||
| Q3 24 | 31.7% | 7.8% | ||
| Q2 24 | 37.1% | 8.2% | ||
| Q1 24 | 27.6% | 9.3% |
| Q4 25 | 0.8% | 0.8% | ||
| Q3 25 | 2.0% | 0.3% | ||
| Q2 25 | 2.8% | 0.9% | ||
| Q1 25 | 2.0% | 0.5% | ||
| Q4 24 | 2.0% | 1.5% | ||
| Q3 24 | 1.9% | 1.1% | ||
| Q2 24 | 1.6% | 0.8% | ||
| Q1 24 | 1.6% | 0.6% |
| Q4 25 | 0.69× | 42.80× | ||
| Q3 25 | 1.30× | — | ||
| Q2 25 | 1.01× | 9.70× | ||
| Q1 25 | 1.04× | 0.56× | ||
| Q4 24 | 1.41× | 4.18× | ||
| Q3 24 | 1.09× | — | ||
| Q2 24 | 1.28× | 1.09× | ||
| Q1 24 | 0.98× | — |
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% |
FLUT
| Other | $2.6B | 55% |
| Sports Book | $1.5B | 32% |
| Igaming | $586.0M | 12% |
| Service Other | $59.0M | 1% |
