Cheniere Energy, Inc. (LNG) Key Metrics
LNG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $59.78B
- Enterprise value
- $81.97B
- P/E (TTM)
- 21.9 10-yr median 19.7
- Forward P/E
- 13.5
- PEG ratio
- 10.76
- Price / sales
- 2.9 10-yr median 1.9
- Price / book
- 9.1 10-yr median 8.4
- EV / EBITDA
- 10.4 10-yr median 15.1
- Dividend yield
- 0.77% $2.22 a year
- Beta
- 0.06
LNG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsLNG valuation Price multiples at each fiscal year-end price.
LNG returns How much profit the business earns on the capital it uses.
LNG per-share figures Results divided by the shares outstanding at year-end.
LNG financial health Debt, liquidity and how easily interest is covered.
LNG efficiency & capital use Working capital cycle and where the cash goes.
LNG valuation history
LNG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
LNG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
LNG cash returned to shareholders
LNG price vs earnings per share
LNG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $42.82B | $49.23B | $41.41B | $38.00B | $25.70B | $15.15B | $15.76B | $14.68B | $12.55B | $9.48B |
| Enterprise value | $69.85B | $72.18B | $63.67B | $64.60B | $56.24B | $45.18B | $44.55B | $42.17B | $38.24B | $30.54B |
| P/E ratio | 8.0 | 15.1 | 4.2 | 26.6 | — | — | 24.3 | 31.2 | — | — |
| Price / sales | 2.2 | 3.1 | 2.0 | 1.1 | 1.5 | 1.6 | 1.7 | 1.8 | 2.2 | 7.4 |
| Price / book | 5.4 | 8.6 | 8.2 | — | — | — | — | — | 10.1 | — |
| Price / free cash flow | 17.4 | 15.6 | 6.6 | 4.4 | 17.1 | — | — | — | — | — |
| Price / operating cash flow | 7.7 | 9.1 | 4.9 | 3.6 | 10.4 | 12.0 | 8.6 | 7.4 | 10.2 | — |
| EV / sales | 3.6 | 4.6 | 3.1 | 1.9 | 3.2 | 4.8 | 4.8 | 5.3 | 6.8 | 23.7 |
| EV / EBITDA | 6.2 | 9.6 | 3.8 | 11.5 | 328.9 | 15.1 | 15.1 | 16.5 | 22.9 | — |
| EV / free cash flow | 28.4 | 22.9 | 10.1 | 7.4 | 37.4 | — | — | — | — | — |
| Earnings yield | 12.4% | 6.6% | 23.9% | 3.8% | −9.1% | −0.6% | 4.1% | 3.2% | −3.1% | −6.4% |
| Free cash flow yield | 5.7% | 6.4% | 15.2% | 22.9% | 5.8% | −3.8% | −7.8% | −11.3% | −16.9% | −50.2% |
| Dividend yield | 1.1% | 0.8% | 0.9% | 0.9% | 0.3% | 4.1% | 0.5% | 3.9% | 1.5% | 0.8% |
| Shareholder yield (dividends + buybacks) | 7.4% | 5.4% | 4.5% | 4.5% | 0.4% | 5.2% | 2.1% | 4.1% | 1.6% | 1.1% |
| Share price at fiscal year-end | $194.39 | $214.87 | $170.71 | $149.96 | $101.42 | $60.03 | $61.07 | $59.19 | $53.84 | $41.43 |
| Per share | ||||||||||
| Revenue per share | $89.11 | $68.86 | $83.61 | $133.21 | $69.61 | $37.19 | $36.04 | $32.24 | $24.22 | $5.62 |
| Earnings per share | $24.19 | $14.19 | $40.73 | $5.64 | −$9.25 | −$0.34 | $2.51 | $1.90 | −$1.69 | −$2.67 |
| Operating cash flow per share | $25.14 | $23.54 | $34.70 | $41.53 | $9.74 | $5.01 | $7.10 | $8.02 | $5.28 | −$1.77 |
| Free cash flow per share | $11.17 | $13.78 | $25.96 | $34.31 | $5.93 | −$2.27 | −$4.74 | −$6.67 | −$9.12 | −$20.81 |
| Cash per share | $7.19 | $11.51 | $16.76 | $5.34 | $5.54 | $6.45 | $9.59 | $3.96 | $3.10 | $3.83 |
| Book value per share | $35.93 | $24.88 | $20.86 | −$11.72 | −$10.15 | −$0.76 | −$0.05 | −$2.12 | $5.32 | −$6.10 |
| Tangible book value per share | $35.58 | $24.54 | $20.54 | −$12.32 | −$10.75 | −$1.37 | −$0.65 | −$2.74 | $4.66 | −$6.77 |
| Dividends per share | $2.05 | $1.80 | $1.62 | $1.38 | $0.34 | $2.48 | $0.33 | $2.32 | $0.79 | $0.35 |
| Capex per share | $13.97 | $9.77 | $8.74 | $7.22 | $3.81 | $7.29 | $11.84 | $14.69 | $14.40 | $19.04 |
| Debt per share | $129.86 | $111.68 | $108.50 | $110.30 | $126.08 | $125.43 | $121.10 | $114.82 | $113.32 | $95.88 |
| Shares outstanding | 220.3M | 229.1M | 242.6M | 253.4M | 253.4M | 252.4M | 258.1M | 248.0M | 233.1M | 228.8M |
| Change in shares outstanding | −3.8% | −5.6% | −4.3% | 0.0% | +0.4% | −2.2% | +4.1% | +6.4% | +1.9% | +0.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 78.3% | 60.5% | 945.1% | — | — | — | — | — | — | — |
| Return on invested capital (ROIC) | 13.7% | 14.7% | 24.8% | 36.6% | 14.5% | 8.2% | 6.9% | 7.8% | 6.5% | 0.0% |
| Return on assets (ROA) | 11.5% | 7.5% | 23.4% | 3.5% | −6.3% | −0.2% | 1.9% | 1.6% | −1.5% | −2.9% |
| Return on tangible assets | 10.9% | 7.4% | 23.0% | 3.5% | −6.0% | −0.2% | 1.8% | 1.5% | −1.4% | −2.6% |
| Free cash flow margin | 12.5% | 20.0% | 31.0% | 25.8% | 8.5% | −6.1% | −13.1% | −20.7% | −37.7% | −370.0% |
| Income quality (OCF / net income) | 1.04 | 1.66 | 0.85 | 7.37 | — | — | 2.83 | 4.23 | — | — |
| Financial health | ||||||||||
| Total debt | $28.61B | $25.59B | $26.32B | $27.95B | $31.95B | $31.66B | $31.26B | $28.48B | $26.41B | $21.93B |
| Cash & short-term investments | $1.58B | $2.64B | $4.07B | $1.35B | $1.40B | $1.63B | $2.47B | $981.0M | $722.0M | $876.0M |
| Net debt | $27.02B | $22.95B | $22.26B | $26.60B | $30.55B | $30.03B | $28.78B | $27.49B | $25.69B | $21.06B |
| Debt / equity | 3.61 | 4.49 | 5.20 | — | — | — | — | — | 21.30 | — |
| Debt / assets | 0.58 | 0.58 | 0.61 | 0.68 | 0.81 | 0.89 | 0.88 | 0.89 | 0.95 | 0.93 |
| Net debt / EBITDA | 2.42 | 3.05 | 1.32 | 4.73 | 178.63 | 10.01 | 9.79 | 10.78 | 15.39 | — |
| Current ratio | 0.94 | 1.08 | 1.63 | 0.83 | 1.08 | 1.44 | 2.25 | 2.43 | 2.69 | 2.08 |
| Quick ratio | 0.81 | 0.97 | 1.51 | 0.70 | 0.93 | 1.31 | 2.08 | 2.25 | 2.50 | 1.93 |
| Interest coverage | 5.6 | 4.8 | 6.7 | 7.9 | 3.7 | 1.7 | 1.3 | 2.5 | 2.0 | 0.0 |
| Working capital | −$224.0M | $360.0M | $2.44B | −$1.19B | $363.0M | $973.0M | $2.34B | $2.49B | $2.12B | $1.16B |
| Invested capital | $34.94B | $28.65B | $27.32B | $23.63B | $27.97B | $29.84B | $28.77B | $26.97B | $26.93B | $19.66B |
| Tangible asset value | $13.00B | $9.98B | $8.94B | −$325.0M | −$187.0M | $2.06B | $2.28B | $1.77B | $1.09B | $685.2M |
| Net current asset value | −$32.36B | −$29.00B | −$27.73B | −$35.83B | −$34.23B | −$30.31B | −$28.84B | −$25.82B | −$23.30B | −$20.63B |
| Graham number | $139.85 | $89.13 | $138.25 | — | — | — | — | — | — | — |
| Graham net-net per share | −$150.56 | −$132.54 | −$119.28 | −$150.80 | −$143.66 | −$123.69 | −$116.46 | −$114.84 | −$109.58 | −$95.08 |
| Capital allocation | ||||||||||
| Dividends paid | $451.0M | $412.0M | $393.0M | $349.0M | $85.0M | $626.0M | $85.0M | $576.0M | $185.0M | $80.1M |
| Share buybacks (net) | $2.72B | $2.26B | $1.47B | $1.37B | $9.0M | $155.0M | $249.0M | $20.0M | $12.0M | $20.0M |
| Dividend payout ratio | 8.5% | 12.7% | 4.0% | 24.4% | — | — | 13.1% | 122.3% | — | — |
| Dividends + buybacks / free cash flow | 129.0% | 84.7% | 29.6% | 19.8% | 6.3% | — | — | — | — | — |
| Capex / revenue | 15.7% | 14.2% | 10.5% | 5.4% | 5.5% | 19.6% | 32.9% | 45.6% | 59.5% | 338.6% |
| Capex / operating cash flow | 55.6% | 41.5% | 25.2% | 17.4% | 39.1% | 145.4% | 166.7% | 183.1% | 272.7% | — |
| Capex / depreciation | 1.58 | 1.83 | 1.77 | 1.64 | 0.96 | 1.97 | 3.85 | 8.11 | 9.43 | 25.03 |
| Stock-based compensation / revenue | 0.8% | 1.4% | 1.2% | 0.6% | 0.8% | 1.2% | 1.4% | 1.4% | 1.6% | 7.8% |
| R&D / revenue | — | — | — | 0.0% | 0.0% | 0.1% | 0.1% | 0.1% | 0.2% | 0.5% |
| SG&A / revenue | 2.0% | 2.8% | 2.3% | 1.2% | 1.9% | 3.3% | 3.4% | 3.7% | 4.7% | 20.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 19.6 | 21.2 | 27.4 | 18.7 | 22.3 | 22.1 | 21.1 | 21.8 | 18.7 | 30.5 |
| Days of inventory on hand | 13.4 | 16.5 | 19.1 | 12.6 | 15.2 | 17.1 | 16.2 | 18.4 | 19.0 | 32.0 |
| Days payables outstanding | 3.8 | 6.1 | 4.6 | 2.3 | 2.9 | 2.9 | 3.2 | 2.7 | 3.5 | 12.9 |
| Cash conversion cycle (days) | 29.2 | 31.5 | 41.9 | 28.9 | 34.5 | 36.3 | 34.2 | 37.5 | 34.3 | 49.6 |
| Receivables turnover | 18.64 | 17.21 | 13.30 | 19.57 | 16.39 | 16.50 | 17.29 | 16.73 | 19.47 | 11.98 |
| Payables turnover | 94.86 | 59.58 | 79.78 | 159.33 | 126.48 | 128.02 | 113.79 | 133.64 | 104.35 | 28.25 |
| Inventory turnover | 27.21 | 22.17 | 19.15 | 29.02 | 24.08 | 21.41 | 22.47 | 19.84 | 19.16 | 11.39 |
| Asset turnover | 0.42 | 0.36 | 0.48 | 0.84 | 0.47 | 0.26 | 0.28 | 0.27 | 0.22 | 0.06 |
| Average receivables | $1.05B | $916.5M | $1.52B | $1.73B | $1.08B | $569.0M | $538.0M | $478.0M | $290.0M | $107.4M |
| Average payables | $147.0M | $176.0M | $152.5M | $139.5M | $95.0M | $50.5M | $62.0M | $41.5M | $37.0M | $35.9M |
| Average inventory | $512.5M | $473.0M | $635.5M | $766.0M | $499.0M | $302.0M | $314.0M | $279.5M | $201.5M | $89.1M |
| Intangibles / total assets | 0.2% | 0.2% | 0.2% | 0.4% | 0.4% | 0.4% | 0.4% | 0.5% | 0.6% | 0.6% |
Computed from LNG's annual financial statements (latest annual report filed February 26, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
LNG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Cheniere Energy traded at 8.0 times earnings, against a 10-year median of 19.7. Based on the latest twelve months, the trailing P/E is 21.9 and the forward P/E is 13.5. Cheniere Energy earned a return on equity of 78.3% and a return on invested capital of 13.7% in fiscal 2025. It ended the year with $28.6 billion of debt and $1.6 billion in cash and short-term investments, net debt of $27.0 billion. It returned $3.2 billion to shareholders: $451.0 million in dividends and $2.7 billion in share buybacks, 129% of free cash flow. The share count fell 3.7% from 228.8M to 220.3M over 9 years.
See the LNG income statement, the LNG chart for price history, or the LNG stock overview for the latest quote and news.
LNG key metrics FAQ
What is Cheniere Energy's P/E ratio?
Cheniere Energy's trailing P/E ratio is 21.9 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 13.5. At the end of fiscal 2025 it was 8.0, compared with a 10-year median of 19.7.
What is Cheniere Energy's EV/EBITDA?
Cheniere Energy's enterprise value was 6.2 times EBITDA at the end of fiscal 2025 (enterprise value $69.8 billion, EBITDA $11.2 billion); the current EV/EBITDA is 10.4.
What is Cheniere Energy's return on equity?
Cheniere Energy's return on equity (ROE) was 78.3% in fiscal 2025: net income of $5.3 billion on average shareholders' equity of $6.8 billion.
What is Cheniere Energy's ROIC?
Cheniere Energy's return on invested capital was 13.7% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Cheniere Energy have?
Cheniere Energy had total debt of $28.6 billion at the end of fiscal 2025, a debt-to-equity ratio of 3.61 and $27.0 billion of net debt (2.42 times EBITDA).
What is Cheniere Energy's dividend yield?
Cheniere Energy's forward dividend yield is 0.77%. Cheniere Energy paid $451.0 million in dividends in fiscal 2025 ($2.05 per share), a payout ratio of 8.5%.
Does Cheniere Energy buy back its shares?
Yes. Cheniere Energy spent $2.7 billion on net share repurchases in fiscal 2025 Shares outstanding changed −3.8% over the year, to 220.3M..
What is Cheniere Energy's free cash flow yield?
Cheniere Energy generated $2.5 billion of free cash flow in fiscal 2025, a free cash flow yield of 5.7% on its market value at year-end ($42.8 billion).
What is Cheniere Energy's current ratio?
Cheniere Energy's current ratio was 0.94 at the end of fiscal 2025: current assets were 0.94 times current liabilities.