CQP (Cheniere Energy Partners LP) EBIT: $3,276 Mil (TTM As of Mar. 2026)


CQP Cheniere Energy Partners LP CQP
76 GF Score
Price $57.06
GF Value $62.12
Valuation Fairly Valued
! 11 Warning Signs
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What is Cheniere Energy Partners LP EBIT?

Cheniere Energy Partners LP CQP -6.49% 76 EBIT is $3,276 Mil as of Mar. 2026. GuruFocus rates CQP with a GF Score™ of 76/100 and a GF Value™ of $62.12 (Fairly Valued). The stock has 11 warning signs investors should review.

Cheniere Energy Partners LP's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $367 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $3,276 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Cheniere Energy Partners LP's annualized ROC % for the quarter that ended in Mar. 2026 was 8.32%. Cheniere Energy Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.62%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Cheniere Energy Partners LP's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 7.88%.


Cheniere Energy Partners LP  (NYSE:CQP) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Cheniere Energy Partners LP's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=1444 * ( 1 - 0% )/( (16707 + 18019)/ 2 )
=1444/17363
=8.32 %

where

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Cheniere Energy Partners LP's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=1468/( ( (15335 + max(-284, 0)) + (15181 + max(-435, 0)) )/ 2 )
=1468/( ( 15335 + 15181 )/ 2 )
=1468/15258
=9.62 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(711 + 180 + 227) - (1100 + 123 + 179)
=-284

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(563 + 151 + 228) - (820 + 98 + 459)
=-435

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Cheniere Energy Partners LP's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=3276/41559.131
=7.88 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Cheniere Energy Partners LP EBIT Related Terms


Cheniere Energy Partners LP EBIT Historical Data

* Premium members only.

The historical data trend for Cheniere Energy Partners LP's EBIT can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Cheniere Energy Partners LP EBIT Chart

Cheniere Energy Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,461.00 3,368.00 5,077.00 3,310.00 3,740.00

Cheniere Energy Partners LP Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 831.00 741.00 695.00 1,473.00 367.00

CQP vs VG, WES, PAA: EBIT Comparison

For the Oil & Gas Midstream subindustry, Cheniere Energy Partners LP's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cheniere Energy Partners LP EV-to-EBIT vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy Partners LP's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Cheniere Energy Partners LP's EV-to-EBIT falls into.


CQP
76GF Score
Cheniere Energy Partners LP CQP
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Cheniere Energy Partners LP EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,276 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $3,276 Mil mean?
Cheniere Energy Partners LP (CQP) has a EBIT of $3,276 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cheniere Energy Partners LP.
Is Cheniere Energy Partners LP's EBIT too high?
Cheniere Energy Partners LP's current EBIT is $3,276 Mil. Overall, Cheniere Energy Partners LP has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's EBIT compare to VG and WES?
Cheniere Energy Partners LP's EBIT of $3,276 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBIT for an Oil & Gas company?
A good EBIT depends on the Oil & Gas industry context. However, EBIT should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Cheniere Energy Partners LP. Cheniere Energy Partners LP's current EBIT is $3,276 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cheniere Energy Partners LP stock overvalued right now?
Based on GuruFocus' analysis, Cheniere Energy Partners LP (CQP) is currently considered Fairly Valued. The stock's GF Value™ is $62.12, compared to a current price of $57.06 — trading 8.1% below its estimated fair value. The current EBIT is $3,276 Mil. Cheniere Energy Partners LP's overall GF Score™ is 76/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBIT calculated?
EBIT is calculated from a company's financial statements. For Cheniere Energy Partners LP (CQP), the current EBIT is $3,276 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Cheniere Energy Partners LP (CQP) Overvalued in 2026?

Based on GuruFocus' analysis, Cheniere Energy Partners LP stock appears to be undervalued. The current stock price of $57.06 is trading 8.1% below its estimated GF Value™ of $62.12. GuruFocus considers Cheniere Energy Partners LP to be Fairly Valued.

Key valuation signals for CQP:

  • EBIT: $3,276 Mil
  • GF Value™: $62.12 vs. price of $57.06 (8.1% below fair value)
  • GF Score™: 76/100 with 11 warning signs

No single metric tells the full story. See the CQP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cheniere Energy Partners LP Business Description

Industry EnergyOil & Gas
Address 845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy Partners is a liquified natural gas producer operating one facility in Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed- and variable-fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. The profit generated through those activities is split with parent and operator Cheniere Energy.
76GF Score

Get the complete analysis for CQP

EBIT is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$57.06
Price
$62.12
GF Value