Venture Global (FRA:DW3) ROE %: 32.02% (As of Mar. 2026) — 54% Below Median


FRA:DW3 Venture Global Inc FRA:DW3
15 GF Score
Price €9.16
! 3 Warning Signs
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What is Venture Global ROE %?

Venture Global FRA:DW3 +3.15% 15 ROE % is 32.02% as of Mar. 2026, which is 54% below its 10-year median of 70.02. GuruFocus rates FRA:DW3 with a GF Score™ of 15/100. The stock has 3 warning signs investors should review. Among 957 Oil & Gas companies, Venture Global ranks better than 95.3% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Venture Global's annualized net income for the quarter that ended in Mar. 2026 was €1,924 Mil. Venture Global's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was €6,008 Mil. Therefore, Venture Global's annualized ROE % for the quarter that ended in Mar. 2026 was 32.02%.

The historical rank and industry rank for Venture Global's ROE % or its related term are showing as below:

FRA:DW3' s ROE % Range Over the Past 10 Years
Min: 43.97   Med: 70.02   Max: 404.98
Current: 43.97

During the past 5 years, Venture Global's highest ROE % was 404.98%. The lowest was 43.97%. And the median was 70.02%.

FRA:DW3's ROE % is ranked better than
95.3% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs FRA:DW3: 43.97

Venture Global  (FRA:DW3) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1923.76/6007.5335
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1923.76 / 15912.54)*(15912.54 / 47171.192)*(47171.192 / 6007.5335)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.09 %*0.3373*7.852
=ROA %*Equity Multiplier
=4.08 %*7.852
=32.02 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1923.76/6007.5335
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1923.76 / 2546.56) * (2546.56 / 3982.46) * (3982.46 / 15912.54) * (15912.54 / 47171.192) * (47171.192 / 6007.5335)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.7554 * 0.6394 * 25.03 % * 0.3373 * 7.852
=32.02 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Venture Global ROE % Related Terms


Venture Global ROE % Historical Data

* Premium members only.

The historical data trend for Venture Global's ROE % 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.

Venture Global ROE % Chart

Venture Global Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
0.00 Negative Equity 406.67 70.99 50.69

Venture Global Quarterly Data
Dec22 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.15 33.22 35.90 73.10 32.02

FRA:DW3 vs CQP, WES, PAA: ROE % Comparison

For the Oil & Gas Midstream subindustry, Venture Global's ROE %, along with its competitors' market caps and ROE % 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.


Venture Global ROE % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Venture Global's ROE % distribution charts can be found below:

* The bar in red indicates where Venture Global's ROE % falls into.


FRA:DW3
15GF Score
Venture Global Inc FRA:DW3
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Venture Global ROE % Calculation

Venture Global's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=2160.62/( (2766.635+5758.522)/ 2 )
=2160.62/4262.5785
=50.69 %

Venture Global's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1923.76/( (5758.522+6256.545)/ 2 )
=1923.76/6007.5335
=32.02 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 32.02% mean?
Venture Global (FRA:DW3) has a ROE % of 32.02% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Venture Global and its competitors. This is 54% below median its historical median of 70.02. Over the past decade, Venture Global's ROE % has ranged from 43.97 to 404.98. According to the industry distribution chart, Venture Global ranks #45 out of 957 companies in the Oil & Gas industry, placing it in the top 4.7%.
Is Venture Global's ROE % too high?
Venture Global's current ROE % of 32.02% is 54% below median its 10-year median of 70.02. Over the past 10 years, this metric has ranged from a low of 43.97 to a high of 404.98. The Oil & Gas industry median ROE % is 5.71. Venture Global's value of 32.02% is 460.8% above this industry median. Based on the distribution chart, Venture Global ranks #45 out of 957 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Venture Global has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Venture Global's ROE % compare to CQP and WES?
According to the Oil & Gas industry distribution chart, Venture Global ranks #45 out of 957 companies for ROE %. This places Venture Global in the top 5% of its industry — outperforming the majority of peers. The industry median ROE % is 5.71. Venture Global's value of 32.02% is 460.8% above this benchmark. Historically, Venture Global's own ROE % has ranged from 43.97 to 404.98 over the past decade. While the company's 10-year median is 70.02 vs. the industry median of 5.71, Venture Global 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Venture Global's current ROE % of 32.02% is 460.8% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Venture Global and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Venture Global's current ROE % is 32.02%, which is 54% below median its own 10-year median of 70.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Venture Global stock overvalued right now?
Venture Global (FRA:DW3) has a current ROE % of 32.02%. The current ROE % is 32.02%, which is 54% below median its 10-year median of 70.02 and 460.8% above the Oil & Gas industry median of 5.71. Venture Global's overall GF Score™ is 15/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Venture Global (FRA:DW3), the current ROE % is 32.02% 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.

Venture Global Business Description

Industry EnergyOil & Gas
Other Exchanges VG:USAVG:MexicoDW3:Germany
Address 1001 19th Street North, Suite 1500, Arlington, VA, USA, 22209
Venture Global operates two liquefied natural gas production facilities in Louisiana. It has pioneered the use of modular, factory-built equipment, producing high yields. With a substantial development plan, it seeks to become a vertically integrated LNG producer and supplier to end consumers around the world.
15GF Score

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