LNG vs SR
Cheniere Energy, Inc. and Spire Inc., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | LNG | SR |
|---|---|---|
| Revenue | $20.0B | $2.5B |
| Net income | $5.3B | $271.7M |
| Gross margin | 64.2% | 58.8% |
| Net margin | 34.0% | 11.0% |
| Return on equity | 78.3% | 8.2% |
| Diluted EPS | $24.13 | $4.37 |
| Dividend / share | · | $3.14 |
| Payout ratio | 8.5% | 67.1% |
| Free cash flow | $2.5B | $-344.4M |
| Equity | $7.9B | $3.4B |
| Net debt / equity | 2.74× | 1.14× |
| Current ratio | 0.94× | 0.32× |
| Revenue CAGR 5y | 16.4% | 5.9% |
| Profit CAGR 5y | · | 25.1% |
LNG bills 8.1× the revenue of SR, and keeps more of each dollar of revenue as profit (34.0% 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 | LNG | SR |
|---|---|---|
| FY2025 | $20.0B | $2.5B |
| FY2024 | $15.7B | $2.6B |
| FY2023 | $20.4B | $2.7B |
| FY2022 | $33.4B | $2.2B |
| FY2021 | $17.5B | $2.2B |
| FY2020 | $9.4B | $1.9B |
| FY2019 | $9.7B | $2.0B |
| FY2018 | $8.0B | $2.0B |
| FY2017 | $5.6B | $1.7B |
| FY2016 | $1.3B | $1.5B |
Bottom line
| Fiscal year | LNG | SR |
|---|---|---|
| FY2025 | $5.3B | $271.7M |
| FY2024 | $3.3B | $250.9M |
| FY2023 | $9.9B | $217.5M |
| FY2022 | $1.4B | $220.8M |
| FY2021 | $-2.3B | $271.7M |
| FY2020 | $-85.0M | $88.6M |
| FY2019 | $648.0M | $184.6M |
| FY2018 | $471.0M | $214.2M |
| FY2017 | $-393.0M | $161.6M |
| FY2016 | $-610.0M | $144.2M |
17 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$17,499,600,000 | LNG |
| FY2024 | +$13,110,000,000 | LNG |
| FY2023 | +$17,727,700,000 | LNG |
| FY2022 | +$31,229,500,000 | LNG |
| FY2021 | +$15,295,500,000 | LNG |
| FY2020 | +$7,502,600,000 | LNG |
| FY2019 | +$7,777,600,000 | LNG |
| FY2018 | +$6,022,000,000 | LNG |
| FY2017 | +$3,904,300,000 | LNG |
| FY2016 | −$254,300,000 | SR |
| FY2015 | −$1,705,400,000 | SR |
| FY2014 | −$1,359,246,000 | SR |
| FY2013 | −$749,787,000 | SR |
| FY2012 | −$859,280,000 | SR |
| FY2011 | −$1,285,916,000 | SR |
| FY2010 | −$1,443,516,000 | SR |
| FY2009 | −$1,714,072,000 | SR |
The higher-revenue side has changed between LNG 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 | +23.0 pp | LNG |
| FY2024 | +18.9 pp | LNG |
| FY2023 | +51.0 pp | LNG |
| FY2022 | −2.2 pp | SR |
| FY2021 | −21.1 pp | SR |
| FY2020 | +0.6 pp | LNG |
| FY2019 | +3.2 pp | LNG |
| FY2018 | +4.1 pp | LNG |
| FY2017 | +0.7 pp | LNG |
| FY2016 | −61.2 pp | SR |
| FY2015 | −411.7 pp | SR |
| FY2014 | −263.4 pp | SR |
| FY2013 | −214.3 pp | SR |
| FY2012 | −135.4 pp | SR |
| FY2011 | −74.1 pp | SR |
| FY2010 | −30.0 pp | SR |
| FY2009 | −96.0 pp | SR |
The higher net margin has changed hands between LNG 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
LNG's net margin has been more volatile than SR's over the 17 comparable fiscal years — 120.2 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 LNG and SR over these 17 fiscal years — LNG led in 7 and SR in 10.
17 of 18 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
LNG's return on equity has been more volatile than SR's over the 3 comparable fiscal years — 102.4 percentage points of standard deviation against 0.8.
3 of 18 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between LNG and SR over these 3 fiscal years — LNG led in 2 and SR in 1.
3 of 18 comparable fiscal years — a year missing data on either side is not counted.