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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and McCormick & Company (MKC). 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 $1.9B, roughly 1.9× McCormick & Company). McCormick & Company runs the higher net margin — 12.2% vs 5.2%, a 7.1% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (20.4% vs 2.9%). Over the past eight quarters, Cheniere Energy Partners, L.P.'s revenue compounded faster (37.9% CAGR vs 7.5%).

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 ...

McCormick & Company, Incorporated is an American food company that manufactures, markets, and distributes spices, seasoning mixes, condiments, and other flavoring products to retail outlets, food manufacturers, and food service businesses.

CQP vs MKC — Head-to-Head

Bigger by revenue
CQP
CQP
1.9× larger
CQP
$3.6B
$1.9B
MKC
Growing faster (revenue YoY)
CQP
CQP
+17.5% gap
CQP
20.4%
2.9%
MKC
Higher net margin
MKC
MKC
7.1% more per $
MKC
12.2%
5.2%
CQP
Faster 2-yr revenue CAGR
CQP
CQP
Annualised
CQP
37.9%
7.5%
MKC

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
CQP
CQP
MKC
MKC
Revenue
$3.6B
$1.9B
Net Profit
$186.0M
$226.6M
Gross Margin
38.9%
Operating Margin
10.0%
16.8%
Net Margin
5.2%
12.2%
Revenue YoY
20.4%
2.9%
Net Profit YoY
5.3%
EPS (diluted)
$0.84

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
CQP
CQP
MKC
MKC
Q1 26
$3.6B
Q4 25
$2.9B
$1.9B
Q3 25
$2.4B
$1.7B
Q2 25
$2.5B
$1.7B
Q1 25
$3.0B
$1.6B
Q4 24
$2.5B
$1.8B
Q3 24
$2.1B
$1.7B
Q2 24
$1.9B
$1.6B
Net Profit
CQP
CQP
MKC
MKC
Q1 26
$186.0M
Q4 25
$1.3B
$226.6M
Q3 25
$506.0M
$225.5M
Q2 25
$553.0M
$175.0M
Q1 25
$641.0M
$162.3M
Q4 24
$623.0M
$215.2M
Q3 24
$635.0M
$223.1M
Q2 24
$570.0M
$184.2M
Gross Margin
CQP
CQP
MKC
MKC
Q1 26
Q4 25
38.9%
Q3 25
37.4%
Q2 25
37.5%
Q1 25
37.6%
Q4 24
40.2%
Q3 24
38.7%
Q2 24
37.7%
Operating Margin
CQP
CQP
MKC
MKC
Q1 26
10.0%
Q4 25
50.5%
16.8%
Q3 25
29.0%
16.7%
Q2 25
29.1%
14.8%
Q1 25
27.6%
14.0%
Q4 24
33.0%
17.0%
Q3 24
40.2%
17.1%
Q2 24
40.4%
14.2%
Net Margin
CQP
CQP
MKC
MKC
Q1 26
5.2%
Q4 25
44.2%
12.2%
Q3 25
21.0%
13.1%
Q2 25
22.5%
10.5%
Q1 25
21.4%
10.1%
Q4 24
25.3%
12.0%
Q3 24
30.9%
13.3%
Q2 24
30.1%
11.2%
EPS (diluted)
CQP
CQP
MKC
MKC
Q1 26
Q4 25
$0.84
Q3 25
$0.84
Q2 25
$0.65
Q1 25
$0.60
Q4 24
$0.79
Q3 24
$0.83
Q2 24
$0.68

Balance Sheet & Financial Strength

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

Metric
CQP
CQP
MKC
MKC
Cash + ST InvestmentsLiquidity on hand
$279.0M
$95.9M
Total DebtLower is stronger
$3.6B
Stockholders' EquityBook value
$5.7B
Total Assets
$17.1B
$13.2B
Debt / EquityLower = less leverage
0.63×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CQP
CQP
MKC
MKC
Q1 26
$279.0M
Q4 25
$182.0M
$95.9M
Q3 25
$121.0M
$94.9M
Q2 25
$108.0M
$124.1M
Q1 25
$94.0M
$102.8M
Q4 24
$270.0M
$186.1M
Q3 24
$331.0M
$200.8M
Q2 24
$351.0M
$166.3M
Total Debt
CQP
CQP
MKC
MKC
Q1 26
Q4 25
$14.2B
$3.6B
Q3 25
$14.2B
$3.9B
Q2 25
$14.2B
$3.9B
Q1 25
$14.7B
$3.9B
Q4 24
$14.8B
$3.9B
Q3 24
$14.8B
$3.4B
Q2 24
$14.8B
$4.1B
Stockholders' Equity
CQP
CQP
MKC
MKC
Q1 26
Q4 25
$5.7B
Q3 25
$5.8B
Q2 25
$5.6B
Q1 25
$5.4B
Q4 24
$5.3B
Q3 24
$5.4B
Q2 24
$5.3B
Total Assets
CQP
CQP
MKC
MKC
Q1 26
$17.1B
Q4 25
$17.4B
$13.2B
Q3 25
$16.8B
$13.2B
Q2 25
$16.9B
$13.2B
Q1 25
$17.1B
$12.9B
Q4 24
$17.5B
$13.1B
Q3 24
$17.4B
$13.2B
Q2 24
$17.5B
$13.0B
Debt / Equity
CQP
CQP
MKC
MKC
Q1 26
Q4 25
0.63×
Q3 25
0.67×
Q2 25
0.69×
Q1 25
0.71×
Q4 24
0.73×
Q3 24
0.63×
Q2 24
0.77×

Cash Flow & Capital Efficiency

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

Metric
CQP
CQP
MKC
MKC
Operating Cash FlowLast quarter
$542.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.39×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CQP
CQP
MKC
MKC
Q1 26
Q4 25
$887.0M
$542.0M
Q3 25
$658.0M
$258.8M
Q2 25
$558.0M
$45.9M
Q1 25
$665.0M
$115.5M
Q4 24
$876.0M
$458.7M
Q3 24
$691.0M
$161.7M
Q2 24
$732.0M
$163.1M
Free Cash Flow
CQP
CQP
MKC
MKC
Q1 26
Q4 25
$864.0M
Q3 25
$610.0M
$206.1M
Q2 25
$490.0M
$-2.4M
Q1 25
$605.0M
$78.4M
Q4 24
$827.0M
Q3 24
$652.0M
$102.7M
Q2 24
$702.0M
$94.8M
FCF Margin
CQP
CQP
MKC
MKC
Q1 26
Q4 25
29.7%
Q3 25
25.4%
11.9%
Q2 25
20.0%
-0.1%
Q1 25
20.2%
4.9%
Q4 24
33.6%
Q3 24
31.7%
6.1%
Q2 24
37.1%
5.8%
Capex Intensity
CQP
CQP
MKC
MKC
Q1 26
Q4 25
0.8%
Q3 25
2.0%
3.1%
Q2 25
2.8%
2.9%
Q1 25
2.0%
2.3%
Q4 24
2.0%
Q3 24
1.9%
3.5%
Q2 24
1.6%
4.2%
Cash Conversion
CQP
CQP
MKC
MKC
Q1 26
Q4 25
0.69×
2.39×
Q3 25
1.30×
1.15×
Q2 25
1.01×
0.26×
Q1 25
1.04×
0.71×
Q4 24
1.41×
2.13×
Q3 24
1.09×
0.72×
Q2 24
1.28×
0.89×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CQP
CQP

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

MKC
MKC

Consumer$1.1B61%
Flavor Solutions$723.1M39%

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