Cheniere Energy Partners, L.P.

CQPNYSEEnergy● Active

$65.07

+$0.60(+0.93%)

Market Cap$31.5B

P/E Ratio—

52W High$70.64

52W Low$49.53

Avg Volume117K

Open$64.45

Beta0.30

Free Cash Flow Financials Revenue

Cheniere Energy Partners, L.P. (CQP) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

CQP · free cash flow · updated Jun 8, 2026

Core FCF metrics

CQP · FCF · TTM · margin & CAGR

Free cash flow was $2.57B for FY2025 (fiscal year ending 2025-12-31), down 8.7% year-over-year The FCF margin was 23.9%. Five-year CAGR stands at +26.9%.

FY2025 Free Cash Flow$2.57B▼ -8.7% YoY

Trailing 12M (TTM)$3.02Btrailing 4 quarters sum

FCF Margin23.9%$2.57B ÷ revenue

3-Year CAGR-11.4%FY2022 → FY2025

5-Year CAGR+26.9%FY2020 → FY2025

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

CQP · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$2.77B(199M)$2.57B▼ 8.7%23.9%

FY2024$2.97B(154M)$2.81B▼ 2.6%32.3%

FY2023$3.11B(220M)$2.89B▼ 21.9%29.9%

FY2022$4.15B(451M)$3.70B▲ +125.1%21.5%

FY2021$2.29B(648M)$1.64B▲ +110.9%17.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

CQP · P/FCF · FCF yield · FCF per share

Cheniere Energy Partners, L.P. (CQP) trades at a FCF yield of 9.49% and a price-to-free-cash-flow ratio of 10.4x. FCF per share stands at $6.24, calculated using trailing twelve-month FCF divided by basic weighted-average shares outstanding.

FCF Yield (TTM)

9.49%

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

$6.24

TTM FCF ÷ Shares Outstanding

Price / FCF

x10.4

Share Price ÷ FCF per Share

EV / FCF (TTM)

x15.2

Enterprise Value basis

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

CQP · cash flow statement · operating / investing / financing

For FY2025, Cheniere Energy Partners, L.P. generated $2.77B in operating cash flow and spent 199M in capital expenditures, yielding $2.57B in free cash flow.

Operating Activities

+$2.77B

Cash from core business operations

2025-12-31

Investing Activities

−$204.0M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

−$2.74B

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($2.77B) − |CapEx| (199M) = FCF ($2.57B)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Energy)

CQP vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Cheniere Energy Partners, L.P.YOU

CQP

$2.57B-8.7%23.9%

11%

Exxon Mobil Corporation

Energy · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Cheniere Energy Partners, L.P. (CQP) reported free cash flow of $2.57B for FY2025 (fiscal year ending 2025-12-31), down 8.7% year-over-year. The FCF margin was 23.9%.

Based on available data, Cheniere Energy Partners, L.P. has maintained positive free cash flow for at least 9 fiscal year(s). FCF peaked at $3.70B in FY2022. The 5-year CAGR stands at +26.9%.

Cheniere Energy Partners, L.P.'s FCF yield is 9.49% and price-to-FCF ratio is 10.4x for FY2025, based on the latest available data.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

CQP free cash flow · 8 questions

Cheniere Energy Partners, L.P. free cash flow was $2.57B for FY2025, down 8.7% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at $3.02B.

CQP free cash flowCQP FCFCQP FCF 2025CQP free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Cheniere Energy Partners, L.P. · Cheniere Energy Partners, L.P. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026