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Side-by-side financial comparison of Cheniere Energy, Inc. (LNG) and REINSURANCE GROUP OF AMERICA INC (RGA). Click either name above to swap in a different company.
REINSURANCE GROUP OF AMERICA INC is the larger business by last-quarter revenue ($6.6B vs $5.4B, roughly 1.2× Cheniere Energy, Inc.). Cheniere Energy, Inc. runs the higher net margin — 42.8% vs 7.0%, a 35.8% gap on every dollar of revenue. On growth, REINSURANCE GROUP OF AMERICA INC posted the faster year-over-year revenue change (26.6% vs 20.3%). Over the past eight quarters, Cheniere Energy, Inc.'s revenue compounded faster (14.3% CAGR vs 2.3%).
Cheniere Energy, Inc. is an American liquefied natural gas (LNG) company headquartered in Houston, Texas.
Reinsurance Group of America, Incorporated is a holding company for a global life and health reinsurance entity based in Greater St. Louis within the western suburb of Chesterfield, Missouri, United States. With approximately $3.9 trillion of life reinsurance in force and assets of $118.7 billion as of December 31, 2024, RGA has grown to become the only international company to focus primarily on life and health-related reinsurance.
LNG vs RGA — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $5.4B | $6.6B |
| Net Profit | $2.3B | $463.0M |
| Gross Margin | — | — |
| Operating Margin | 70.8% | 7.7% |
| Net Margin | 42.8% | 7.0% |
| Revenue YoY | 20.3% | 26.6% |
| Net Profit YoY | 135.6% | 212.8% |
| EPS (diluted) | $10.51 | $6.91 |
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 | $5.4B | $6.6B | ||
| Q3 25 | $4.3B | $6.2B | ||
| Q2 25 | $4.5B | $5.6B | ||
| Q1 25 | $5.3B | $5.3B | ||
| Q4 24 | $4.5B | $5.2B | ||
| Q3 24 | $3.7B | $5.7B | ||
| Q2 24 | $3.1B | $4.9B | ||
| Q1 24 | $4.1B | $6.3B |
| Q4 25 | $2.3B | $463.0M | ||
| Q3 25 | $1.0B | $253.0M | ||
| Q2 25 | $1.6B | $180.0M | ||
| Q1 25 | $353.0M | $286.0M | ||
| Q4 24 | $977.0M | $148.0M | ||
| Q3 24 | $893.0M | $156.0M | ||
| Q2 24 | $880.0M | $203.0M | ||
| Q1 24 | $502.0M | $210.0M |
| Q4 25 | 70.8% | 7.7% | ||
| Q3 25 | 42.3% | 5.2% | ||
| Q2 25 | 56.1% | 6.1% | ||
| Q1 25 | 18.2% | 7.0% | ||
| Q4 24 | 38.9% | 4.3% | ||
| Q3 24 | 44.7% | 3.8% | ||
| Q2 24 | 50.5% | 5.5% | ||
| Q1 24 | 28.0% | 4.3% |
| Q4 25 | 42.8% | 7.0% | ||
| Q3 25 | 24.4% | 4.1% | ||
| Q2 25 | 36.1% | 3.2% | ||
| Q1 25 | 6.7% | 5.4% | ||
| Q4 24 | 21.9% | 2.8% | ||
| Q3 24 | 24.2% | 2.8% | ||
| Q2 24 | 28.0% | 4.2% | ||
| Q1 24 | 12.2% | 3.3% |
| Q4 25 | $10.51 | $6.91 | ||
| Q3 25 | $4.75 | $3.81 | ||
| Q2 25 | $7.30 | $2.70 | ||
| Q1 25 | $1.57 | $4.27 | ||
| Q4 24 | $4.30 | $2.21 | ||
| Q3 24 | $3.93 | $2.33 | ||
| Q2 24 | $3.84 | $3.03 | ||
| Q1 24 | $2.13 | $3.16 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $1.1B | $4.2B |
| Total DebtLower is stronger | $22.5B | $5.7B |
| Stockholders' EquityBook value | $7.9B | $13.5B |
| Total Assets | $47.9B | $156.6B |
| Debt / EquityLower = less leverage | 2.84× | 0.42× |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $1.1B | $4.2B | ||
| Q3 25 | $1.1B | $4.6B | ||
| Q2 25 | $1.6B | $5.4B | ||
| Q1 25 | $2.5B | $5.2B | ||
| Q4 24 | $2.6B | $3.3B | ||
| Q3 24 | $2.7B | $5.2B | ||
| Q2 24 | $2.4B | $4.6B | ||
| Q1 24 | $4.4B | $5.9B |
| Q4 25 | $22.5B | $5.7B | ||
| Q3 25 | $22.0B | $5.7B | ||
| Q2 25 | $22.0B | $5.7B | ||
| Q1 25 | $22.5B | $5.7B | ||
| Q4 24 | $22.6B | $5.0B | ||
| Q3 24 | $22.5B | $5.1B | ||
| Q2 24 | $22.6B | $5.1B | ||
| Q1 24 | $21.4B | $4.4B |
| Q4 25 | $7.9B | $13.5B | ||
| Q3 25 | $6.7B | $13.0B | ||
| Q2 25 | $6.7B | $12.1B | ||
| Q1 25 | $5.6B | $11.4B | ||
| Q4 24 | $5.7B | $10.8B | ||
| Q3 24 | $5.1B | $11.1B | ||
| Q2 24 | $4.5B | $9.7B | ||
| Q1 24 | $4.3B | $9.5B |
| Q4 25 | $47.9B | $156.6B | ||
| Q3 25 | $45.1B | $152.0B | ||
| Q2 25 | $44.6B | $133.5B | ||
| Q1 25 | $43.5B | $128.2B | ||
| Q4 24 | $43.9B | $118.7B | ||
| Q3 24 | $43.1B | $120.3B | ||
| Q2 24 | $42.3B | $109.9B | ||
| Q1 24 | $42.9B | $106.0B |
| Q4 25 | 2.84× | 0.42× | ||
| Q3 25 | 3.25× | 0.44× | ||
| Q2 25 | 3.28× | 0.48× | ||
| Q1 25 | 4.03× | 0.50× | ||
| Q4 24 | 3.96× | 0.47× | ||
| Q3 24 | 4.42× | 0.46× | ||
| Q2 24 | 5.06× | 0.52× | ||
| Q1 24 | 5.04× | 0.47× |
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 | $2.1B | $7.3B |
| Free Cash FlowOCF − Capex | $1.3B | — |
| FCF MarginFCF / Revenue | 24.4% | — |
| Capex IntensityCapex / Revenue | 13.8% | — |
| Cash ConversionOCF / Net Profit | 0.89× | 15.83× |
| TTM Free Cash FlowTrailing 4 quarters | $2.5B | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.1B | $7.3B | ||
| Q3 25 | $1.4B | $-990.0M | ||
| Q2 25 | $831.0M | $-820.0M | ||
| Q1 25 | $1.2B | $-1.4B | ||
| Q4 24 | $1.6B | $17.1B | ||
| Q3 24 | $1.4B | $-1.1B | ||
| Q2 24 | $1.1B | $-967.0M | ||
| Q1 24 | $1.2B | $-5.7B |
| Q4 25 | $1.3B | — | ||
| Q3 25 | $738.0M | — | ||
| Q2 25 | $-193.0M | — | ||
| Q1 25 | $605.0M | — | ||
| Q4 24 | $1.1B | — | ||
| Q3 24 | $875.0M | — | ||
| Q2 24 | $613.0M | — | ||
| Q1 24 | $596.0M | — |
| Q4 25 | 24.4% | — | ||
| Q3 25 | 17.2% | — | ||
| Q2 25 | -4.3% | — | ||
| Q1 25 | 11.4% | — | ||
| Q4 24 | 24.0% | — | ||
| Q3 24 | 23.8% | — | ||
| Q2 24 | 19.5% | — | ||
| Q1 24 | 14.5% | — |
| Q4 25 | 13.8% | — | ||
| Q3 25 | 16.0% | — | ||
| Q2 25 | 22.7% | — | ||
| Q1 25 | 11.8% | — | ||
| Q4 24 | 12.7% | — | ||
| Q3 24 | 14.0% | — | ||
| Q2 24 | 16.0% | — | ||
| Q1 24 | 15.8% | — |
| Q4 25 | 0.89× | 15.83× | ||
| Q3 25 | 1.36× | -3.91× | ||
| Q2 25 | 0.51× | -4.56× | ||
| Q1 25 | 3.48× | -5.00× | ||
| Q4 24 | 1.68× | 115.81× | ||
| Q3 24 | 1.56× | -6.84× | ||
| Q2 24 | 1.27× | -4.76× | ||
| Q1 24 | 2.48× | -27.31× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
RGA
Segment breakdown not available.
