3-Year Return on Invested Incremental Capital (3-Year ROIIC %) measures the change in earnings as a percentage of change in investment over 3-year.
Cheniere Energy Partners LP's 3-Year ROIIC % for the quarter that ended in Dec. 2025 was -26.35%. High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
The industry rank for Cheniere Energy Partners LP's 3-Year ROIIC % or its related term are showing as below:
CQP's 3-Year ROIIC % is ranked worse than 75.41% of 923
companies
in the Oil & Gas industry
Industry Median: 0.01
vs CQP: -26.35
Cheniere Energy Partners LP (NYSE:CQP) 3-Year ROIIC % Explanation
Return on Incremental Invested Capital (ROIIC) is an extension of Return on Investment Capital (ROIC). ROIC % tells investors how efficiently that profitability is earned per dollar of company capital. ROIIC narrows the focus even further and shows how profitable each additional unit of capital investment could be. ROIIC % is a more powerful metric than ROIC because it measures how much money the company can generate going forward on future capital investments.
High ROIIC is generally an indication that your business is capital efficient or has a higher operating leverage.
Be Aware
It's important to keep in mind that when tracking ROIIC, the metric is better suited to forecasting the trend of future returns rather than measuring current return on investment.
Cheniere Energy Partners LP 3-Year ROIIC % Related Terms
Cheniere Energy Partners LP 3-Year ROIIC % Historical Data
* 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.
For the Oil & Gas Midstream subindustry, Cheniere Energy Partners LP's 3-Year ROIIC %, along with its competitors' market caps and 3-Year ROIIC % 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 3-Year ROIIC % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Cheniere Energy Partners LP's 3-Year ROIIC % distribution charts can be found below:
* The bar in red indicates where Cheniere Energy Partners LP's 3-Year ROIIC % falls into.
3-Year Incremental Net Operating Profit After Taxes (NOPAT)**
/
3-Year Incremental Invested Capital**
=
( 3706 (Dec. 2025) - 3380 (Dec. 2022) )
/
( 16707 (Dec. 2025) - 17944 (Dec. 2022) )
=
326
/
-1237
=
-26.35%***
* 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.
** Annual data of NOPAT and Invested Capital was used to calculate 3-Year ROIIC %.
*** Please be aware that the ROIIC (Return on Invested Capital) calculations are based on company-level data using the primary share class. The calculated data provided is for demonstration purposes and may slightly differ from the results displayed in the title due to potential variations caused by currency exchange rate differences throughout the year.
Cheniere Energy Partners LP (CQP) has a 3-Year ROIIC % of -26.35 as of Dec. 2025. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Cheniere Energy Partners LP and its competitors. According to the industry distribution chart, Cheniere Energy Partners LP ranks #696 out of 923 companies in the Oil & Gas industry, placing it in the top 75.4%.
Is Cheniere Energy Partners LP's 3-Year ROIIC % too high?
Cheniere Energy Partners LP's current 3-Year ROIIC % is -26.35. Based on the distribution chart, Cheniere Energy Partners LP ranks #696 out of 923 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Cheniere Energy Partners LP has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cheniere Energy Partners LP's 3-Year ROIIC % compare to VG and WES?
According to the Oil & Gas industry distribution chart, Cheniere Energy Partners LP ranks #696 out of 923 companies for 3-Year ROIIC %. This places Cheniere Energy Partners LP in the lower half of its industry. The industry median 3-Year ROIIC % is 0.01. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year ROIIC % for an Oil & Gas company?
The median 3-Year ROIIC % among Oil & Gas companies is 0.01, based on 923 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year ROIIC % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year ROIIC % 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 3-Year ROIIC % mean?
A high 3-Year ROIIC % can signal that a stock is expensive relative to its fundamentals. 3-Year ROIIC % measures the change in earnings as a percentage of change in investment over 3-year. View historical data on Cheniere Energy Partners LP and its competitors. For the Oil & Gas industry, the median 3-Year ROIIC % is 0.01 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cheniere Energy Partners LP's current 3-Year ROIIC % is -26.35. 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 $62.21, compared to a current price of $63.75 — trading 2.5% above its estimated fair value. The current 3-Year ROIIC % is -26.35. Cheniere Energy Partners LP's overall GF Score™ is 71/100 with 11 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year ROIIC % calculated?
3-Year ROIIC % is calculated from a company's financial statements. For Cheniere Energy Partners LP (CQP), the current 3-Year ROIIC % is -26.35 as of Dec. 2025. 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 $63.75 is trading 2.5% above its estimated GF Value™ of $62.21.
GuruFocus considers Cheniere Energy Partners LP to be Fairly Valued.
Key valuation signals for CQP:
3-Year ROIIC %: -26.35
GF Value™: $62.21 vs. price of $63.75 (2.5% above fair value)
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 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.
71GF Score
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