Cheniere Energy, Inc. (LNG)财务
NYSE · Energy · Oil & Gas Midstream · 员工1,717人 · CEO Jack A. Fusco
- 股价
- $330.32 +3.57%
- 市值
- $675亿
- 企业价值
- $921亿
- 最近财报
- Q3 '26 2026-10-29提交
- 下次财报
- 2027-02-25 EPS预期 $5.87
营收(TTM)$240亿+27.3% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)40.8%+10.7 百分点 对比去年同期营业利润 $97.8亿
净利润(TTM)$30.4亿-24.1% 对比去年同期税后,含营业外收益
自由现金流(TTM)$57亿+25.2% 对比去年同期资本支出 $14.8亿
稀释EPS(TTM)$14.33-20.2% 对比去年同期最近4个季度之和
净现金-$246亿+1.7% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $675亿 EV $921亿
- 营收
- $240亿 过去12个月
- 营收增速
- +20% FY2026年一致预期
- 净利润率
- 12.7% 净利润 / 营收,TTM
- P/E
- 22.9× 预期 27.5×(FY2026)
- P/S
- 2.8× 股价 / 营收,TTM
- EV / EBITDA
- 11.0× TTM
- 自由现金流
- $57亿 过去12个月
- 净利润
- $30.4亿 过去12个月
- 营收预期
- $235亿 FY2026年一致预期
- 盈利
- 2027-02-25 营收预期 $62.4亿
- 股息
- $2.22 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-29):营收超预期15.1%,EPS 超预期30.5%营收$61.7亿,预期$53.6亿(+15.1%);EPS $5.65,预期$4.33(+30.5%)。
- 营收增长加速:同比39.0%Q3 '26营收$61.7亿,此前四个季度的平均值为22.1%。
- 营业利润率40.8%(TTM),较去年同期+10.7 百分点营收增长27.3%,营业利润增长72.7%。
- 税前利润的78.4%被营业外亏损吞噬税前利润$54.8亿,营业利润$97.8亿(TTM)。股权投资亏损等一次性项目压低了净利润和EPS,营业利润更能反映业务本身。
- 资本支出占营收的6.2%(去年为3.0%)最近4个季度投入$14.8亿(同比+159.4%)。自由现金流$57亿,相当于净利润的187.7%。
- 股东回报$33.2亿 = 自由现金流的58.3%回购$28.6亿(去年为$19.7亿),股息$4.66亿,股权激励$1.12亿(TTM)。
- 稀释股数一年内减少5.9%Q3 '26稀释股数2.07亿,一年前为2.2亿。
- 净债务 $246亿现金 + 短期投资 $16.6亿,含租赁债务 $263亿;一年前净债务 $251亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $61.7亿 | $44.4亿 | +39.0% |
| 毛利率 | 31.0% | 60.6% | -29.6 百分点 |
| 营业利润 | $19.2亿 | $18.2亿 | +5.4% |
| 营业利润率 | 31.0% | 40.9% | -9.9 百分点 |
| 净利润 | $11.7亿 | $10.5亿 | +11.5% |
| 稀释EPS | $5.65 | $4.75 | +18.9% |
| 经营现金流 | $24.7亿 | $14.3亿 | +73.1% |
| 资本支出 | $7.32亿 | -$16.5亿 | +144.4% |
| 自由现金流 | $17.3亿 | $30.7亿 | -43.6% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $7500万 | $3500万 | +114.3% |
实际 vs 一致预期
2026-10-29| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $61.7亿 | $53.6亿 | +15.1% |
| EPS(一致预期口径) | $5.65 | $4.33 | +30.5% |
来自2026-10-29发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Liquefied Natural Gas | $61亿 | +41.8% | 98.8% | – | – | |
| Product and Service, Other | $4000万 | -61.9% | 0.6% | – | – | |
| Regasification Service | $3400万 | 0.0% | 0.6% | – | – |
按地区划分的营收
占总额比例| 分部 | Q3 '26 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Non-US | $2.59亿 | – | 100.0% | – | – |
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $71.8亿
- 资本支出
- -$14.8亿
- 股票回购
- -$28.6亿
- 股息
- -$4.66亿
- 收购
- -$1.22亿
- 债务净发行
- $13.8亿
- 股权激励费用
- $1.12亿
- 自由现金流
- $57亿
- 股东回报 / FCF
- 58.3%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 22.9× | 13.4× 5年中的4年 | 4.2× – 26.4× |
| EV / EBITDA | 11.0× | 72.0× | 3.8× – 328.9× |
| EV / 营收 | 3.8× | 3.3× | 1.9× – 4.6× |
| 股价 / FCF | 11.8× | 12.2× | 4.3× – 17.4× |
| 股价 / 净资产 | 10.4× | 7.4× 5年中的3年 | 5.4× – 8.6× |
| FCF收益率 | 8.5% | 11.3% | 5.8% – 23.1% |
| 投入资本回报率 | 18.2% | 14.4% | 9.4% – 26.3% |
| 净资产收益率 | 49.8% | 72.5% | -48.1% – 195.3% |
分析师
一致目标价 $310.60 (-6.0%)
区间 $283.00 – $340.00 · 评级 Buy
强烈买入1
买入24
持有2
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $235亿 | +19.5% | $12.03 | -50.1% | 27.5× | 3 |
| FY2027 | $237亿 | +0.8% | $19.93 | +65.6% | 16.6× | 9 |
| FY2028 | $250亿 | +5.7% | $17.30 | -13.2% | 19.1× | 8 |
| FY2029 | $248亿 | -0.7% | $16.37 | -5.4% | 20.2× | 5 |
| FY2030 | $247亿 | -0.6% | $16.51 | +0.9% | 20.0× | 5 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
Cheniere Energy, Inc.在近期10-Q / 10-K文件中标记的全部267项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts and Other Receivables, Net, Current | $14.2亿 | $13.2亿 | +7.3% | $13.8亿 | $7.27亿 | +89.8% |
| Accounts Payable, Current | $4.2亿 | $2.79亿 | +50.5% | $1.23亿 | $1.71亿 | -28.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $13.9亿 | $7.99亿 | +73.8% | $12.4亿 | $6.61亿 | +87.1% |
| Accrued Income Taxes | $2.07亿 | $1.15亿 | +80.0% | $9000万 | $4.72亿 | -80.9% |
| Accrued Liabilities, Current | $20.7亿 | $14.9亿 | +38.7% | $20.8亿 | $21.8亿 | -4.5% |
| Additional Paid in Capital | $46.2亿 | $45.1亿 | +2.4% | $45.2亿 | $44.5亿 | +1.6% |
| Amortization of Debt Issuance Costs and Discounts | $1000万2026-06-30 | $1000万 | 0.0% | $3800万 | $4200万 | -9.5% |
| Amount of Restricted Net Assets for Consolidated and Unconsolidated Subsidiaries | $4.07亿2025-12-31 | $1.68亿 | +142.3% | $4.07亿 | $1.68亿 | +142.3% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 02026-06-30 | – | – | 02023-12-31 | 30万 | -100.0% |
| APIC, Share-based Payment Arrangement, Increase for Cost Recognition | $5300万 | $2800万 | +89.3% | $1.22亿 | $1.21亿 | +0.8% |
| Assets | $488亿 | $451亿 | +8.3% | $479亿 | $439亿 | +9.2% |
| Assets, Current | $47.1亿 | $35亿 | +34.6% | $36.9亿 | $48亿 | -23.1% |
| Cash and Cash Equivalents, at Carrying Value | $16.6亿 | $10.8亿 | +54.7% | $11亿 | $26.4亿 | -58.3% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $20.6亿 | $14亿 | +47.1% | $15.8亿 | $31.9亿 | -50.3% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | $5.37亿 | -$6.19亿 | +186.8% | -$16.1亿 | -$13.4亿 | -20.3% |
| Common Stock, Dividends, Per Share, Declared | – | – | – | $1.812024-12-31 | $1.62 | +11.4% |
| Common Stock, Par or Stated Value Per Share | $0.00 | $0.00 | 0.0% | $0.00 | $0.00 | 0.0% |
| Common Stock, Shares Authorized | 4.8亿 | 4.8亿 | 0.0% | 4.8亿 | 4.8亿 | 0.0% |
| Common Stock, Shares, Issued | 2.8亿 | 2.79亿 | +0.1% | 2.79亿 | 2.79亿 | +0.2% |
| Common Stock, Value, Outstanding | $100万 | $100万 | 0.0% | $100万 | $100万 | 0.0% |
| Construction in Progress Expenditures Incurred but Not yet Paid | -$1100万 | $6500万 | -116.9% | $2.61亿 | $2.56亿 | +2.0% |
| Contract with Customer, Asset, after Allowance for Credit Loss | $4.22亿 | $4.01亿 | +5.2% | $4.24亿 | $3.31亿 | +28.1% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Noncurrent | $3.94亿2025-12-31 | $3.25亿 | +21.2% | $3.94亿 | $3.25亿 | +21.2% |
| Contract with Customer, Liability | $2.68亿 | $3.05亿 | -12.1% | $2.72亿 | $3.18亿 | -14.5% |
| Contract with Customer, Liability, Revenue Recognized | $700万 | $400万 | +75.0% | $1.69亿 | $1.66亿 | +1.8% |
| Contribution of Property | $02025-12-31 | $0 | – | $0 | $3400万 | -100.0% |
| Cost of Goods and Service, Excluding Depreciation, Depletion, and Amortization | $32.1亿 | $17.5亿 | +83.3% | $71.5亿 | $60.2亿 | +18.8% |
| Costs and Expenses | $42.6亿 | $26.2亿 | +62.3% | $109亿 | $95.8亿 | +13.5% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$3.83亿 | $4.71亿 | -181.3% |
| Current Foreign Tax Expense (Benefit) | – | – | – | $1100万 | $800万 | +37.5% |
| Current Income Tax Expense (Benefit) | – | – | – | -$3.71亿 | $4.81亿 | -177.1% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $100万 | $200万 | -50.0% |
| Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net | $2.07亿 | $1.83亿 | +13.1% | $1.82亿 | $1.92亿 | -5.2% |
| Debt Issuance Costs, Net | $6600万2025-12-31 | $6500万 | +1.5% | $6600万 | $6500万 | +1.5% |
| Debt, Current | $13.5亿 | $6.05亿 | +123.0% | $3.06亿 | $3.51亿 | -12.8% |
| Debt, Long-term and Short-term, Combined Amount | $241亿 | $227亿 | +6.1% | $230亿 | $231亿 | -0.4% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $18.5亿 | $3.19亿 | +478.7% |
| Deferred Federal, State and Local, Tax Expense (Benefit) | – | – | – | $18.6亿 | $3.3亿 | +463.3% |
| Deferred Foreign Income Tax Expense (Benefit) | – | – | – | $100万 | $200万 | -50.0% |
| Deferred Income Tax Assets, Net | $1200万2026-03-31 | $1800万 | -33.3% | $1200万 | $1900万 | -36.8% |
| Deferred Income Tax Expense (Benefit) | $6900万 | $7.73亿 | -91.1% | $18.6亿 | $3.3亿 | +463.3% |
| Deferred Income Tax Liabilities, Net | $37.6亿 | $30.8亿 | +22.3% | $37亿 | $18.6亿 | +99.2% |
| Deferred Revenue, Current | $1.58亿 | $1.76亿 | -10.2% | $1.5亿 | $1.63亿 | -8.0% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1200万 | $900万 | +33.3% |
| Deferred Tax Assets, Net of Valuation Allowance | $12.6亿2025-12-31 | $16.1亿 | -22.1% | $12.6亿 | $16.1亿 | -22.1% |
| Deferred Tax Assets, Operating Loss Carryforwards, Domestic | $2.45亿2025-12-31 | $3.13亿 | -21.7% | $2.45亿 | $3.13亿 | -21.7% |
| Deferred Tax Assets, Operating Loss Carryforwards, State and Local | $1.19亿2025-12-31 | $1.19亿 | 0.0% | $1.19亿 | $1.19亿 | 0.0% |
| Deferred Tax Assets, Other | $4.47亿2025-12-31 | $3.06亿 | +46.1% | $4.47亿 | $3.06亿 | +46.1% |
| Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax | $02025-12-31 | $3.83亿 | -100.0% | $0 | $3.83亿 | -100.0% |
| Deferred Tax Assets, Tax Credit Carryforwards, Other | $5000万2025-12-31 | $4000万 | +25.0% | $5000万 | $4000万 | +25.0% |
| Deferred Tax Assets, Valuation Allowance | $1.7亿2025-12-31 | $1.1亿 | +54.5% | $1.7亿 | $1.1亿 | +54.5% |
| Deferred Tax Liabilities, Derivatives | $6.96亿2025-12-31 | $1.08亿 | +544.4% | $6.96亿 | $1.08亿 | +544.4% |
| Deferred Tax Liabilities, Gross | $49.4亿2025-12-31 | $34.5亿 | +43.3% | $49.4亿 | $34.5亿 | +43.3% |
| Deferred Tax Liabilities, Investment in Noncontrolled Affiliates | $3.75亿2025-12-31 | $3.05亿 | +23.0% | $3.75亿 | $3.05亿 | +23.0% |
| Deferred Tax Liabilities, Leasing Arrangements | $5.53亿2025-12-31 | $5.48亿 | +0.9% | $5.53亿 | $5.48亿 | +0.9% |
| Deferred Tax Liabilities, Net | $36.9亿2025-12-31 | $18.4亿 | +100.7% | $36.9亿 | $18.4亿 | +100.7% |
| Deferred Tax Liabilities, Other | $4200万2025-12-31 | $3000万 | +40.0% | $4200万 | $3000万 | +40.0% |
| Deferred Tax Liabilities, Property, Plant and Equipment | $32.8亿2025-12-31 | $24.6亿 | +33.3% | $32.8亿 | $24.6亿 | +33.3% |
| Defined Contribution Plan, Cost | – | – | – | $2000万 | $1800万 | +11.1% |
| Defined Contribution Plan, Employer Discretionary Contribution Amount | – | – | – | $0 | $0 | – |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标、预期:Financial Modeling Prep。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-01