LNG vs NFG
Cheniere Energy, Inc. and National Fuel GAS Co., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LNG | NFG |
|---|---|---|
| Revenue | $20.0B | $2.3B |
| Net income | $5.3B | $518.5M |
| Gross margin | 64.2% | 90.6% |
| Net margin | 34.0% | 22.8% |
| Return on equity | 78.3% | · |
| Diluted EPS | $24.13 | $5.68 |
| Dividend / share | · | $2.10 |
| Payout ratio | 8.5% | 36.3% |
| Free cash flow | $2.5B | $187.2M |
| Equity | $7.9B | · |
| Net debt / equity | 2.74× | · |
| Current ratio | 0.94× | 0.44× |
| Revenue CAGR 5y | 16.4% | 8.1% |
| Profit CAGR 5y | · | · |
LNG bills 8.8× the revenue of NFG, and keeps more of each dollar of revenue as profit (34.0% against 22.8%).
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 | LNG | NFG |
|---|---|---|
| FY2025 | $20.0B | $2.3B |
| FY2024 | $15.7B | $1.9B |
| FY2023 | $20.4B | $2.3B |
| FY2022 | $33.4B | $3.1B |
| FY2021 | $17.5B | $1.7B |
| FY2020 | $9.4B | $1.5B |
| FY2019 | $9.7B | $1.7B |
| FY2018 | $8.0B | $1.6B |
| FY2017 | $5.6B | $1.6B |
| FY2016 | $1.3B | $1.5B |
Bottom line
| Fiscal year | LNG | NFG |
|---|---|---|
| FY2025 | $5.3B | $518.5M |
| FY2024 | $3.3B | $77.5M |
| FY2023 | $9.9B | $476.9M |
| FY2022 | $1.4B | $566.0M |
| FY2021 | $-2.3B | $363.6M |
| FY2020 | $-85.0M | $-123.8M |
| FY2019 | $648.0M | $304.3M |
| FY2018 | $471.0M | $391.5M |
| FY2017 | $-393.0M | $283.5M |
| FY2016 | $-610.0M | $-291.0M |
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$17,698,459,000 | LNG |
| FY2024 | +$13,758,190,000 | LNG |
| FY2023 | +$18,139,106,000 | LNG |
| FY2022 | +$30,366,717,000 | LNG |
| FY2021 | +$15,788,341,000 | LNG |
| FY2020 | +$7,811,709,000 | LNG |
| FY2019 | +$8,036,668,000 | LNG |
| FY2018 | +$6,394,332,000 | LNG |
| FY2017 | +$4,065,119,000 | LNG |
| FY2016 | −$169,416,000 | NFG |
| FY2012 | −$1,360,633,000 | NFG |
| FY2011 | −$1,488,398,000 | NFG |
| FY2010 | −$1,468,990,000 | NFG |
The higher-revenue side has changed between LNG and NFG over this period. The gap has widened since the earliest year compared.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
13 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +11.2 pp | LNG |
| FY2024 | +24.6 pp | LNG |
| FY2023 | +38.0 pp | LNG |
| FY2022 | −10.6 pp | NFG |
| FY2021 | −29.8 pp | NFG |
| FY2020 | +13.4 pp | LNG |
| FY2019 | −5.3 pp | NFG |
| FY2018 | −9.6 pp | NFG |
| FY2017 | −8.0 pp | NFG |
| FY2016 | −31.8 pp | NFG |
| FY2012 | −143.4 pp | NFG |
| FY2011 | −84.5 pp | NFG |
| FY2010 | −39.7 pp | NFG |
The higher net margin has changed hands between LNG and NFG over this period.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LNG's net margin has been more volatile than NFG's over the 13 comparable fiscal years — 48.3 percentage points of standard deviation against 12.6.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between LNG and NFG over these 13 fiscal years — LNG led in 4 and NFG in 9.
13 of 17 comparable fiscal years — a year missing data on either side is not counted.