CQP (Cheniere Energy Partners LP) FCF Margin %: 16.76% (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

CQP Cheniere Energy Partners LP CQP
67 GF Score
Price $68.87
GF Value $61.30
Valuation Modestly Overvalued
! 8 Warning Signs
View Full Analysis

What is Cheniere Energy Partners LP FCF Margin %?

Cheniere Energy Partners LP CQP +3.44% 67 FCF Margin % is 16.76% as of Jun. 2026, which is 2% below its 10-year median of 17.04. GuruFocus rates CQP with a GF Score™ of 67/100 and a GF Value™ of $61.30 (Modestly Overvalued). The stock has 8 warning signs investors should review. Among 919 Oil & Gas companies, Cheniere Energy Partners LP ranks better than 85.42% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Cheniere Energy Partners LP's Free Cash Flow for the three months ended in Jun. 2026 was $433 Mil. Cheniere Energy Partners LP's Revenue for the three months ended in Jun. 2026 was $2,583 Mil. Therefore, Cheniere Energy Partners LP's FCF Margin % for the quarter that ended in Jun. 2026 was 16.76%.

As of today, Cheniere Energy Partners LP's current FCF Yield % is 8.36%.

The historical rank and industry rank for Cheniere Energy Partners LP's FCF Margin % or its related term are showing as below:

CQP' s FCF Margin % Range Over the Past 10 Years
Min: -210.45   Med: 17.04   Max: 32.33
Current: 24.23


During the past 13 years, the highest FCF Margin % of Cheniere Energy Partners LP was 32.33%. The lowest was -210.45%. And the median was 17.04%.

CQP's FCF Margin % is ranked better than
85.42% of 919 companies
in the Oil & Gas industry
Industry Median: 3.38 vs CQP: 24.23


Cheniere Energy Partners LP FCF Margin % Related Terms


Cheniere Energy Partners LP FCF Margin % Historical Data

* Premium members only.

The historical data trend for Cheniere Energy Partners LP's FCF Margin % 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 FCF Margin % Chart

Cheniere Energy Partners LP Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.42 21.49 29.89 32.33 23.88

Cheniere Energy Partners LP Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
FCF Margin % 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 19.96 25.37 29.69 24.42 16.76

CQP vs VG, WES, PAA: FCF Margin % Comparison

For the Oil & Gas Midstream subindustry, Cheniere Energy Partners LP's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy Partners LP's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Cheniere Energy Partners LP's FCF Margin % falls into.


CQP
67GF Score
Cheniere Energy Partners LP CQP
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cheniere Energy Partners LP FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Cheniere Energy Partners LP's FCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

FCF Margin=Free Cash Flow (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=2569/10758
=23.88 %

Cheniere Energy Partners LP's FCF Margin for the quarter that ended in Jun. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Jun. 2026 )/Revenue (Q: Jun. 2026 )
=433/2583
=16.76 %

* 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 FCF Margin % →
What does a FCF Margin % of 16.76% mean?
Cheniere Energy Partners LP (CQP) has a FCF Margin % of 16.76% as of Jun. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cheniere Energy Partners LP and its competitors. This is near median its historical median of 17.04. According to the industry distribution chart, Cheniere Energy Partners LP ranks #134 out of 919 companies in the Oil & Gas industry, placing it in the top 14.6%.
Is Cheniere Energy Partners LP's FCF Margin % too high?
Cheniere Energy Partners LP's current FCF Margin % of 16.76% is near median its 10-year median of 17.04. The Oil & Gas industry median FCF Margin % is 3.38. Cheniere Energy Partners LP's value of 16.76% is 395.9% above this industry median. Based on the distribution chart, Cheniere Energy Partners LP ranks #134 out of 919 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Cheniere Energy Partners LP has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's FCF Margin % compare to VG and WES?
According to the Oil & Gas industry distribution chart, Cheniere Energy Partners LP ranks #134 out of 919 companies for FCF Margin %. This places Cheniere Energy Partners LP in the top 15% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.38. Cheniere Energy Partners LP's value of 16.76% is 395.9% above this benchmark. While the company's 10-year median is 17.04 vs. the industry median of 3.38, Cheniere Energy Partners LP has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.38, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cheniere Energy Partners LP's current FCF Margin % of 16.76% is 395.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Cheniere Energy Partners LP and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheniere Energy Partners LP's current FCF Margin % is 16.76%, which is near median its own 10-year median of 17.04. 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 Modestly Overvalued. The stock's GF Value™ is $61.30, compared to a current price of $68.87 — trading 12.3% above its estimated fair value. The current FCF Margin % is 16.76%, which is near median its 10-year median of 17.04 and 395.9% above the Oil & Gas industry median of 3.38. Cheniere Energy Partners LP's overall GF Score™ is 67/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Cheniere Energy Partners LP (CQP), the current FCF Margin % is 16.76% as of Jun. 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 overvalued. The current stock price of $68.87 is trading 12.3% above its estimated GF Value™ of $61.30. GuruFocus considers Cheniere Energy Partners LP to be Modestly Overvalued.

Key valuation signals for CQP:

  • FCF Margin %: 16.76% (near median its 10-year median of 17.04)
  • GF Value™: $61.30 vs. price of $68.87 (12.3% above fair value)
  • GF Score™: 67/100 with 8 warning signs
  • Industry Position: 395.9% above the Oil & Gas median (#134 of 919)

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.
67GF Score

Get the complete analysis for CQP

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

$68.87
Price
$61.30
GF Value