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Cheniere Energy Partners, L.P.（CQP）与切尼尔能源（LNG）财务数据对比。点击上方公司名可切换其他公司
切尼尔能源的季度营收约是Cheniere Energy Partners, L.P.的1.8倍（$5.4B vs $2.9B）。Cheniere Energy Partners, L.P.净利率更高（44.2% vs 42.8%，领先1.4%）。切尼尔能源同比增速更快（20.3% vs 18.3%）。切尼尔能源自由现金流更多（$1.3B vs $864.0M）。过去两年切尼尔能源的营收复合增速更高（14.3% vs 12.6%）
本公司为油气领域经营主体，营收数据以十亿美元为统计单位，通常由企业自行披露，同时也会由中立可靠的权威媒体公开报道。受汇率波动、合同结算、年中产品或服务调整等因素影响，已发布数据后续可能进行修订或重述。除特殊说明外，财年区间为每年1月1日至12月31日。
切尼尔能源（Cheniere Energy, Inc.）是总部位于美国得克萨斯州休斯敦的液化天然气（LNG）企业，专注于液化天然气的生产与供应业务，是北美地区颇具影响力的能源行业参与者。
CQP vs LNG — 直观对比
营收规模更大
LNG
是对方的1.8倍
$2.9B
营收增速更快
LNG
高出2.0%
18.3%
净利率更高
CQP
高出1.4%
42.8%
自由现金流更多
LNG
多$447.0M
$864.0M
两年增速更快
LNG
近两年复合增速
12.6%
损益表 — Q4 2025 vs Q4 2025
| 指标 | | |
|---|---|---|
| 营收 | $2.9B | $5.4B |
| 净利润 | $1.3B | $2.3B |
| 毛利率 | — | — |
| 营业利润率 | 50.5% | 70.8% |
| 净利率 | 44.2% | 42.8% |
| 营收同比 | 18.3% | 20.3% |
| 净利润同比 | 106.6% | 135.6% |
| 每股收益（稀释后） | — | $10.51 |
绿色 = 该指标领先。财年不对齐时期间可能不同
8季度营收与利润趋势
并排季度历史对比，按日历期对齐，财年错位的公司也能正确匹配
营收CQPLNG
| Q4 25 | $2.9B | $5.4B | ||
| Q3 25 | $2.4B | $4.3B | ||
| Q2 25 | $2.5B | $4.5B | ||
| Q1 25 | $3.0B | $5.3B | ||
| Q4 24 | $2.5B | $4.5B | ||
| Q3 24 | $2.1B | $3.7B | ||
| Q2 24 | $1.9B | $3.1B | ||
| Q1 24 | $2.3B | $4.1B |
净利润CQPLNG
| Q4 25 | $1.3B | $2.3B | ||
| Q3 25 | $506.0M | $1.0B | ||
| Q2 25 | $553.0M | $1.6B | ||
| Q1 25 | $641.0M | $353.0M | ||
| Q4 24 | $623.0M | $977.0M | ||
| Q3 24 | $635.0M | $893.0M | ||
| Q2 24 | $570.0M | $880.0M | ||
| Q1 24 | $682.0M | $502.0M |
营业利润率CQPLNG
| Q4 25 | 50.5% | 70.8% | ||
| Q3 25 | 29.0% | 42.3% | ||
| Q2 25 | 29.1% | 56.1% | ||
| Q1 25 | 27.6% | 18.2% | ||
| Q4 24 | 33.0% | 38.9% | ||
| Q3 24 | 40.2% | 44.7% | ||
| Q2 24 | 40.4% | 50.5% | ||
| Q1 24 | 38.1% | 28.0% |
净利率CQPLNG
| Q4 25 | 44.2% | 42.8% | ||
| Q3 25 | 21.0% | 24.4% | ||
| Q2 25 | 22.5% | 36.1% | ||
| Q1 25 | 21.4% | 6.7% | ||
| Q4 24 | 25.3% | 21.9% | ||
| Q3 24 | 30.9% | 24.2% | ||
| Q2 24 | 30.1% | 28.0% | ||
| Q1 24 | 29.7% | 12.2% |
每股收益（稀释后）CQPLNG
| Q4 25 | — | $10.51 | ||
| Q3 25 | — | $4.75 | ||
| Q2 25 | — | $7.30 | ||
| Q1 25 | — | $1.57 | ||
| Q4 24 | — | $4.30 | ||
| Q3 24 | — | $3.93 | ||
| Q2 24 | — | $3.84 | ||
| Q1 24 | — | $2.13 |
资产负债表与财务实力
最新季度各公司的流动性、杠杆与账面价值一览
| 指标 | | |
|---|---|---|
| 现金及短期投资手头流动性 | $182.0M | $1.1B |
| 总债务越低越好 | $14.2B | $22.5B |
| 股东权益账面价值 | — | $7.9B |
| 总资产 | $17.4B | $47.9B |
| 负债/权益比越低杠杆越低 | — | 2.84× |
8季度趋势，按日历期对齐
现金及短期投资CQPLNG
| Q4 25 | $182.0M | $1.1B | ||
| Q3 25 | $121.0M | $1.1B | ||
| Q2 25 | $108.0M | $1.6B | ||
| Q1 25 | $94.0M | $2.5B | ||
| Q4 24 | $270.0M | $2.6B | ||
| Q3 24 | $331.0M | $2.7B | ||
| Q2 24 | $351.0M | $2.4B | ||
| Q1 24 | $333.0M | $4.4B |
总债务CQPLNG
| Q4 25 | $14.2B | $22.5B | ||
| Q3 25 | $14.2B | $22.0B | ||
| Q2 25 | $14.2B | $22.0B | ||
| Q1 25 | $14.7B | $22.5B | ||
| Q4 24 | $14.8B | $22.6B | ||
| Q3 24 | $14.8B | $22.5B | ||
| Q2 24 | $14.8B | $22.6B | ||
| Q1 24 | $13.6B | $21.4B |
股东权益CQPLNG
| Q4 25 | — | $7.9B | ||
| Q3 25 | — | $6.7B | ||
| Q2 25 | — | $6.7B | ||
| Q1 25 | — | $5.6B | ||
| Q4 24 | — | $5.7B | ||
| Q3 24 | — | $5.1B | ||
| Q2 24 | — | $4.5B | ||
| Q1 24 | — | $4.3B |
总资产CQPLNG
| Q4 25 | $17.4B | $47.9B | ||
| Q3 25 | $16.8B | $45.1B | ||
| Q2 25 | $16.9B | $44.6B | ||
| Q1 25 | $17.1B | $43.5B | ||
| Q4 24 | $17.5B | $43.9B | ||
| Q3 24 | $17.4B | $43.1B | ||
| Q2 24 | $17.5B | $42.3B | ||
| Q1 24 | $17.5B | $42.9B |
负债/权益比CQPLNG
| Q4 25 | — | 2.84× | ||
| Q3 25 | — | 3.25× | ||
| Q2 25 | — | 3.28× | ||
| Q1 25 | — | 4.03× | ||
| Q4 24 | — | 3.96× | ||
| Q3 24 | — | 4.42× | ||
| Q2 24 | — | 5.06× | ||
| Q1 24 | — | 5.04× |
现金流与资本效率
扣除再投资后实际产生的现金。现金流比净利润更难造假
| 指标 | | |
|---|---|---|
| 经营现金流最新季度 | $887.0M | $2.1B |
| 自由现金流经营现金流 - 资本支出 | $864.0M | $1.3B |
| 自由现金流率自由现金流/营收 | 29.7% | 24.4% |
| 资本支出强度资本支出/营收 | 0.8% | 13.8% |
| 现金转化率经营现金流/净利润 | 0.69× | 0.89× |
| 过去12个月自由现金流最近4个季度 | $2.6B | $2.5B |
8季度趋势，按日历期对齐
经营现金流CQPLNG
| Q4 25 | $887.0M | $2.1B | ||
| Q3 25 | $658.0M | $1.4B | ||
| Q2 25 | $558.0M | $831.0M | ||
| Q1 25 | $665.0M | $1.2B | ||
| Q4 24 | $876.0M | $1.6B | ||
| Q3 24 | $691.0M | $1.4B | ||
| Q2 24 | $732.0M | $1.1B | ||
| Q1 24 | $669.0M | $1.2B |
自由现金流CQPLNG
| Q4 25 | $864.0M | $1.3B | ||
| Q3 25 | $610.0M | $738.0M | ||
| Q2 25 | $490.0M | $-193.0M | ||
| Q1 25 | $605.0M | $605.0M | ||
| Q4 24 | $827.0M | $1.1B | ||
| Q3 24 | $652.0M | $875.0M | ||
| Q2 24 | $702.0M | $613.0M | ||
| Q1 24 | $633.0M | $596.0M |
自由现金流率CQPLNG
| Q4 25 | 29.7% | 24.4% | ||
| Q3 25 | 25.4% | 17.2% | ||
| Q2 25 | 20.0% | -4.3% | ||
| Q1 25 | 20.2% | 11.4% | ||
| Q4 24 | 33.6% | 24.0% | ||
| Q3 24 | 31.7% | 23.8% | ||
| Q2 24 | 37.1% | 19.5% | ||
| Q1 24 | 27.6% | 14.5% |
资本支出强度CQPLNG
| Q4 25 | 0.8% | 13.8% | ||
| Q3 25 | 2.0% | 16.0% | ||
| Q2 25 | 2.8% | 22.7% | ||
| Q1 25 | 2.0% | 11.8% | ||
| Q4 24 | 2.0% | 12.7% | ||
| Q3 24 | 1.9% | 14.0% | ||
| Q2 24 | 1.6% | 16.0% | ||
| Q1 24 | 1.6% | 15.8% |
现金转化率CQPLNG
| Q4 25 | 0.69× | 0.89× | ||
| Q3 25 | 1.30× | 1.36× | ||
| Q2 25 | 1.01× | 0.51× | ||
| Q1 25 | 1.04× | 3.48× | ||
| Q4 24 | 1.41× | 1.68× | ||
| Q3 24 | 1.09× | 1.56× | ||
| Q2 24 | 1.28× | 1.27× | ||
| Q1 24 | 0.98× | 2.48× |
财务流量对比
营收 → 毛利润 → 营业利润 → 净利润流向图
业务分部营收拆解
CQP
| Liquefied Natural Gas | $2.9B | 98% |
| Regasification Service | $34.0M | 1% |
| Other | $17.0M | 1% |
LNG
| Liquefied Natural Gas | $5.3B | 99% |
| Other | $103.0M | 2% |
| Regasification Service | $34.0M | 1% |
