CQP vs SR
Cheniere Energy Partners, L.p. and Spire Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | CQP | SR |
|---|---|---|
| Revenue | $10.8B | $2.5B |
| Net income | $3.0B | $271.7M |
| Gross margin | 52.2% | 58.8% |
| Net margin | 27.8% | 11.0% |
| Return on equity | · | 8.2% |
| Diluted EPS | · | $4.37 |
| Dividend / share | · | $3.14 |
| Payout ratio | · | 67.1% |
| Free cash flow | $2.6B | $-344.4M |
| Equity | · | $3.4B |
| Net debt / equity | · | 1.14× |
| Current ratio | 0.78× | 0.32× |
| Revenue CAGR 5y | 11.8% | 5.9% |
| Profit CAGR 5y | 20.4% | 25.1% |
CQP bills 4.3× the revenue of SR, and keeps more of each dollar of revenue as profit (27.8% against 11.0%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | CQP | SR |
|---|---|---|
| FY2025 | $10.8B | $2.5B |
| FY2024 | $8.7B | $2.6B |
| FY2023 | $9.7B | $2.7B |
| FY2022 | $17.2B | $2.2B |
| FY2021 | $9.4B | $2.2B |
| FY2020 | $6.2B | $1.9B |
| FY2019 | $6.8B | $2.0B |
| FY2018 | $6.4B | $2.0B |
| FY2017 | $4.3B | $1.7B |
| FY2016 | $1.1B | $1.5B |
Bottom line
| Fiscal year | CQP | SR |
|---|---|---|
| FY2025 | $3.0B | $271.7M |
| FY2024 | $2.5B | $250.9M |
| FY2023 | $4.3B | $217.5M |
| FY2022 | $2.5B | $220.8M |
| FY2021 | $1.6B | $271.7M |
| FY2020 | $1.2B | $88.6M |
| FY2019 | $1.2B | $184.6M |
| FY2018 | $1.3B | $214.2M |
| FY2017 | $490.0M | $161.6M |
| FY2016 | $-171.0M | $144.2M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$8,281,600,000 | CQP |
| FY2024 | +$6,111,000,000 | CQP |
| FY2023 | +$6,997,700,000 | CQP |
| FY2022 | +$15,007,500,000 | CQP |
| FY2021 | +$7,199,500,000 | CQP |
| FY2020 | +$4,311,600,000 | CQP |
| FY2019 | +$4,885,600,000 | CQP |
| FY2018 | +$4,462,000,000 | CQP |
| FY2017 | +$2,563,300,000 | CQP |
| FY2016 | −$437,300,000 | SR |
| FY2015 | −$1,706,400,000 | SR |
| FY2014 | −$1,358,502,000 | SR |
| FY2013 | −$748,809,000 | SR |
| FY2012 | −$861,002,000 | SR |
| FY2011 | −$1,292,472,000 | SR |
| FY2010 | −$1,335,747,000 | SR |
| FY2009 | −$1,478,408,000 | SR |
The higher-revenue side has changed between CQP and SR over this period. The gap has widened since the earliest year compared.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +16.8 pp | CQP |
| FY2024 | +19.2 pp | CQP |
| FY2023 | +35.9 pp | CQP |
| FY2022 | +4.5 pp | CQP |
| FY2021 | +5.1 pp | CQP |
| FY2020 | +14.4 pp | CQP |
| FY2019 | +7.7 pp | CQP |
| FY2018 | +8.9 pp | CQP |
| FY2017 | +2.1 pp | CQP |
| FY2016 | −24.9 pp | SR |
| FY2015 | −125.1 pp | SR |
| FY2014 | −157.8 pp | SR |
| FY2013 | −101.4 pp | SR |
| FY2012 | −71.9 pp | SR |
| FY2011 | −22.9 pp | SR |
| FY2010 | +23.8 pp | CQP |
| FY2009 | +41.5 pp | CQP |
The higher net margin has changed hands between CQP and SR over this period.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
CQP's net margin has been more volatile than SR's over the 17 comparable fiscal years — 58.0 percentage points of standard deviation against 2.8.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between CQP and SR over these 17 fiscal years — CQP led in 11 and SR in 6.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.