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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and RENAISSANCERE HOLDINGS LTD (RNR). 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 $2.2B, roughly 1.3× RENAISSANCERE HOLDINGS LTD). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs 23.5%, a 20.7% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (18.3% vs -36.8%). Over the past eight quarters, Cheniere Energy Partners, L.P.'s revenue compounded faster (12.6% CAGR vs -11.9%).

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 ...

RenaissanceRe Holdings Ltd is a Bermudian provider of reinsurance, insurance and other related business services. The company operates in reinsurance, insurance and ventures.

CQP vs RNR — Head-to-Head

Bigger by revenue
CQP
CQP
1.3× larger
CQP
$2.9B
$2.2B
RNR
Growing faster (revenue YoY)
CQP
CQP
+55.0% gap
CQP
18.3%
-36.8%
RNR
Higher net margin
CQP
CQP
20.7% more per $
CQP
44.2%
23.5%
RNR
Faster 2-yr revenue CAGR
CQP
CQP
Annualised
CQP
12.6%
-11.9%
RNR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
CQP
CQP
RNR
RNR
Revenue
$2.9B
$2.2B
Net Profit
$1.3B
$515.8M
Gross Margin
Operating Margin
50.5%
Net Margin
44.2%
23.5%
Revenue YoY
18.3%
-36.8%
Net Profit YoY
106.6%
72.6%
EPS (diluted)
$6.57

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
RNR
RNR
Q1 26
$2.2B
Q4 25
$2.9B
$3.0B
Q3 25
$2.4B
$3.2B
Q2 25
$2.5B
$3.2B
Q1 25
$3.0B
$3.5B
Q4 24
$2.5B
$2.3B
Q3 24
$2.1B
$4.0B
Q2 24
$1.9B
$2.8B
Net Profit
CQP
CQP
RNR
RNR
Q1 26
$515.8M
Q4 25
$1.3B
$760.5M
Q3 25
$506.0M
$916.5M
Q2 25
$553.0M
$835.4M
Q1 25
$641.0M
$170.0M
Q4 24
$623.0M
$-189.7M
Q3 24
$635.0M
$1.2B
Q2 24
$570.0M
$503.9M
Operating Margin
CQP
CQP
RNR
RNR
Q1 26
Q4 25
50.5%
42.5%
Q3 25
29.0%
46.3%
Q2 25
29.1%
41.8%
Q1 25
27.6%
-2.0%
Q4 24
33.0%
-3.6%
Q3 24
40.2%
43.7%
Q2 24
40.4%
25.0%
Net Margin
CQP
CQP
RNR
RNR
Q1 26
23.5%
Q4 25
44.2%
25.6%
Q3 25
21.0%
28.7%
Q2 25
22.5%
26.1%
Q1 25
21.4%
4.9%
Q4 24
25.3%
-8.3%
Q3 24
30.9%
29.8%
Q2 24
30.1%
17.8%
EPS (diluted)
CQP
CQP
RNR
RNR
Q1 26
$6.57
Q4 25
$16.16
Q3 25
$19.40
Q2 25
$17.20
Q1 25
$3.27
Q4 24
$-3.76
Q3 24
$22.62
Q2 24
$9.41

Balance Sheet & Financial Strength

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

Metric
CQP
CQP
RNR
RNR
Cash + ST InvestmentsLiquidity on hand
$182.0M
$1.6B
Total DebtLower is stronger
$14.2B
Stockholders' EquityBook value
$4.3B
Total Assets
$17.4B
$53.7B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CQP
CQP
RNR
RNR
Q1 26
$1.6B
Q4 25
$182.0M
$1.7B
Q3 25
$121.0M
$1.7B
Q2 25
$108.0M
$1.4B
Q1 25
$94.0M
$1.6B
Q4 24
$270.0M
$1.7B
Q3 24
$331.0M
$1.6B
Q2 24
$351.0M
$1.6B
Total Debt
CQP
CQP
RNR
RNR
Q1 26
Q4 25
$14.2B
$2.3B
Q3 25
$14.2B
$2.2B
Q2 25
$14.2B
$2.3B
Q1 25
$14.7B
$2.8B
Q4 24
$14.8B
$1.9B
Q3 24
$14.8B
$1.9B
Q2 24
$14.8B
$2.0B
Stockholders' Equity
CQP
CQP
RNR
RNR
Q1 26
$4.3B
Q4 25
$11.6B
Q3 25
$11.5B
Q2 25
$10.8B
Q1 25
$10.3B
Q4 24
$10.6B
Q3 24
$11.2B
Q2 24
$10.2B
Total Assets
CQP
CQP
RNR
RNR
Q1 26
$53.7B
Q4 25
$17.4B
$53.8B
Q3 25
$16.8B
$54.5B
Q2 25
$16.9B
$54.7B
Q1 25
$17.1B
$53.6B
Q4 24
$17.5B
$50.7B
Q3 24
$17.4B
$52.8B
Q2 24
$17.5B
$51.6B
Debt / Equity
CQP
CQP
RNR
RNR
Q1 26
Q4 25
0.20×
Q3 25
0.19×
Q2 25
0.21×
Q1 25
0.27×
Q4 24
0.18×
Q3 24
0.17×
Q2 24
0.19×

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

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CQP
CQP
RNR
RNR
Q1 26
Q4 25
$887.0M
$483.0M
Q3 25
$658.0M
$1.6B
Q2 25
$558.0M
$1.5B
Q1 25
$665.0M
$157.8M
Q4 24
$876.0M
$778.9M
Q3 24
$691.0M
$1.5B
Q2 24
$732.0M
$1.2B
Free Cash Flow
CQP
CQP
RNR
RNR
Q1 26
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
FCF Margin
CQP
CQP
RNR
RNR
Q1 26
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%
Capex Intensity
CQP
CQP
RNR
RNR
Q1 26
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%
Cash Conversion
CQP
CQP
RNR
RNR
Q1 26
Q4 25
0.69×
0.64×
Q3 25
1.30×
1.73×
Q2 25
1.01×
1.76×
Q1 25
1.04×
0.93×
Q4 24
1.41×
Q3 24
1.09×
1.26×
Q2 24
1.28×
2.41×

Financial Flow Comparison

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

Revenue Breakdown by Segment

CQP
CQP

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

RNR
RNR

Segment breakdown not available.

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