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Side-by-side financial comparison of Cheniere Energy Partners, L.P. (CQP) and Wayfair Inc. (W). Click either name above to swap in a different company.

Wayfair Inc. is the larger business by last-quarter revenue ($3.3B vs $2.9B, roughly 1.1× Cheniere Energy Partners, L.P.). Cheniere Energy Partners, L.P. runs the higher net margin — 44.2% vs -3.5%, a 47.7% gap on every dollar of revenue. On growth, Cheniere Energy Partners, L.P. posted the faster year-over-year revenue change (18.3% vs 6.9%). Cheniere Energy Partners, L.P. produced more free cash flow last quarter ($864.0M vs $177.0M). Over the past eight quarters, Cheniere Energy Partners, L.P.'s revenue compounded faster (12.6% CAGR vs 10.6%).

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 ...

Wayfair Inc. is an American e-commerce company based in Boston, Massachusetts that sells furniture and home goods online. Formerly known as CSN Stores, it was founded in 2002, and currently offers 14 million items from more than 11,000 global suppliers. The company maintains international operations, including locations in North America and in Canada, Germany, Ireland, China and the United Kingdom.

CQP vs W — Head-to-Head

Bigger by revenue
W
W
1.1× larger
W
$3.3B
$2.9B
CQP
Growing faster (revenue YoY)
CQP
CQP
+11.4% gap
CQP
18.3%
6.9%
W
Higher net margin
CQP
CQP
47.7% more per $
CQP
44.2%
-3.5%
W
More free cash flow
CQP
CQP
$687.0M more FCF
CQP
$864.0M
$177.0M
W
Faster 2-yr revenue CAGR
CQP
CQP
Annualised
CQP
12.6%
10.6%
W

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
CQP
CQP
W
W
Revenue
$2.9B
$3.3B
Net Profit
$1.3B
$-116.0M
Gross Margin
30.3%
Operating Margin
50.5%
2.5%
Net Margin
44.2%
-3.5%
Revenue YoY
18.3%
6.9%
Net Profit YoY
106.6%
9.4%
EPS (diluted)
$-0.90

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
W
W
Q4 25
$2.9B
$3.3B
Q3 25
$2.4B
$3.1B
Q2 25
$2.5B
$3.3B
Q1 25
$3.0B
$2.7B
Q4 24
$2.5B
$3.1B
Q3 24
$2.1B
$2.9B
Q2 24
$1.9B
$3.1B
Q1 24
$2.3B
$2.7B
Net Profit
CQP
CQP
W
W
Q4 25
$1.3B
$-116.0M
Q3 25
$506.0M
$-99.0M
Q2 25
$553.0M
$15.0M
Q1 25
$641.0M
$-113.0M
Q4 24
$623.0M
$-128.0M
Q3 24
$635.0M
$-74.0M
Q2 24
$570.0M
$-42.0M
Q1 24
$682.0M
$-248.0M
Gross Margin
CQP
CQP
W
W
Q4 25
30.3%
Q3 25
30.0%
Q2 25
30.1%
Q1 25
30.7%
Q4 24
30.2%
Q3 24
30.3%
Q2 24
30.2%
Q1 24
30.0%
Operating Margin
CQP
CQP
W
W
Q4 25
50.5%
2.5%
Q3 25
29.0%
1.2%
Q2 25
29.1%
0.5%
Q1 25
27.6%
-4.5%
Q4 24
33.0%
-3.7%
Q3 24
40.2%
-2.6%
Q2 24
40.4%
-1.1%
Q1 24
38.1%
-8.6%
Net Margin
CQP
CQP
W
W
Q4 25
44.2%
-3.5%
Q3 25
21.0%
-3.2%
Q2 25
22.5%
0.5%
Q1 25
21.4%
-4.1%
Q4 24
25.3%
-4.1%
Q3 24
30.9%
-2.6%
Q2 24
30.1%
-1.3%
Q1 24
29.7%
-9.1%
EPS (diluted)
CQP
CQP
W
W
Q4 25
$-0.90
Q3 25
$-0.76
Q2 25
$0.11
Q1 25
$-0.89
Q4 24
$-1.01
Q3 24
$-0.60
Q2 24
$-0.34
Q1 24
$-2.06

Balance Sheet & Financial Strength

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

Metric
CQP
CQP
W
W
Cash + ST InvestmentsLiquidity on hand
$182.0M
$1.5B
Total DebtLower is stronger
$14.2B
$3.3B
Stockholders' EquityBook value
$-2.8B
Total Assets
$17.4B
$3.4B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
CQP
CQP
W
W
Q4 25
$182.0M
$1.5B
Q3 25
$121.0M
$1.2B
Q2 25
$108.0M
$1.4B
Q1 25
$94.0M
$1.4B
Q4 24
$270.0M
$1.4B
Q3 24
$331.0M
$1.3B
Q2 24
$351.0M
$1.3B
Q1 24
$333.0M
$1.2B
Total Debt
CQP
CQP
W
W
Q4 25
$14.2B
$3.3B
Q3 25
$14.2B
$2.9B
Q2 25
$14.2B
$3.0B
Q1 25
$14.7B
$3.2B
Q4 24
$14.8B
$3.1B
Q3 24
$14.8B
$3.2B
Q2 24
$14.8B
$3.2B
Q1 24
$13.6B
$3.2B
Stockholders' Equity
CQP
CQP
W
W
Q4 25
$-2.8B
Q3 25
$-2.8B
Q2 25
$-2.7B
Q1 25
$-2.8B
Q4 24
$-2.8B
Q3 24
$-2.7B
Q2 24
$-2.8B
Q1 24
$-2.8B
Total Assets
CQP
CQP
W
W
Q4 25
$17.4B
$3.4B
Q3 25
$16.8B
$3.1B
Q2 25
$16.9B
$3.3B
Q1 25
$17.1B
$3.4B
Q4 24
$17.5B
$3.5B
Q3 24
$17.4B
$3.4B
Q2 24
$17.5B
$3.4B
Q1 24
$17.5B
$3.2B

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
W
W
Operating Cash FlowLast quarter
$887.0M
$202.0M
Free Cash FlowOCF − Capex
$864.0M
$177.0M
FCF MarginFCF / Revenue
29.7%
5.3%
Capex IntensityCapex / Revenue
0.8%
0.7%
Cash ConversionOCF / Net Profit
0.69×
TTM Free Cash FlowTrailing 4 quarters
$2.6B
$464.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
CQP
CQP
W
W
Q4 25
$887.0M
$202.0M
Q3 25
$658.0M
$155.0M
Q2 25
$558.0M
$273.0M
Q1 25
$665.0M
$-96.0M
Q4 24
$876.0M
$162.0M
Q3 24
$691.0M
$49.0M
Q2 24
$732.0M
$245.0M
Q1 24
$669.0M
$-139.0M
Free Cash Flow
CQP
CQP
W
W
Q4 25
$864.0M
$177.0M
Q3 25
$610.0M
$128.0M
Q2 25
$490.0M
$260.0M
Q1 25
$605.0M
$-101.0M
Q4 24
$827.0M
$142.0M
Q3 24
$652.0M
$32.0M
Q2 24
$702.0M
$222.0M
Q1 24
$633.0M
$-152.0M
FCF Margin
CQP
CQP
W
W
Q4 25
29.7%
5.3%
Q3 25
25.4%
4.1%
Q2 25
20.0%
7.9%
Q1 25
20.2%
-3.7%
Q4 24
33.6%
4.5%
Q3 24
31.7%
1.1%
Q2 24
37.1%
7.1%
Q1 24
27.6%
-5.6%
Capex Intensity
CQP
CQP
W
W
Q4 25
0.8%
0.7%
Q3 25
2.0%
0.9%
Q2 25
2.8%
0.4%
Q1 25
2.0%
0.2%
Q4 24
2.0%
0.6%
Q3 24
1.9%
0.6%
Q2 24
1.6%
0.7%
Q1 24
1.6%
0.5%
Cash Conversion
CQP
CQP
W
W
Q4 25
0.69×
Q3 25
1.30×
Q2 25
1.01×
18.20×
Q1 25
1.04×
Q4 24
1.41×
Q3 24
1.09×
Q2 24
1.28×
Q1 24
0.98×

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%

W
W

US Segment$2.9B88%
International Segment$395.0M12%

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