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LNG (Cheniere Energy) Piotroski F-Score : 6 (As of Jul. 03, 2025)


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What is Cheniere Energy Piotroski F-Score?

The zones of discrimination were as such:

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Cheniere Energy has an F-score of 6 indicating the company's financial situation is typical for a stable company.

The historical rank and industry rank for Cheniere Energy's Piotroski F-Score or its related term are showing as below:

LNG' s Piotroski F-Score Range Over the Past 10 Years
Min: 1   Med: 6   Max: 9
Current: 6

During the past 13 years, the highest Piotroski F-Score of Cheniere Energy was 9. The lowest was 1. And the median was 6.


Cheniere Energy Piotroski F-Score Historical Data

The historical data trend for Cheniere Energy's Piotroski F-Score can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Cheniere Energy Piotroski F-Score Chart

Cheniere Energy Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Piotroski F-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.00 4.00 7.00 7.00 5.00

Cheniere Energy Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Piotroski F-Score Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.00 6.00 5.00 5.00 6.00

Competitive Comparison of Cheniere Energy's Piotroski F-Score

For the Oil & Gas Midstream subindustry, Cheniere Energy's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Cheniere Energy's Piotroski F-Score Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cheniere Energy's Piotroski F-Score distribution charts can be found below:

* The bar in red indicates where Cheniere Energy's Piotroski F-Score falls into.


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How is the Piotroski F-Score calculated?

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

This Year (Mar25) TTM:Last Year (Mar24) TTM:
Net Income was 880 + 893 + 977 + 353 = $3,103 Mil.
Cash Flow from Operations was 1116 + 1391 + 1641 + 1228 = $5,376 Mil.
Revenue was 3251 + 3763 + 4436 + 5444 = $16,894 Mil.
Gross Profit was 1700 + 1752 + 1889 + 1088 = $6,429 Mil.
Average Total Assets from the begining of this year (Mar24)
to the end of this year (Mar25) was
(42911 + 42278 + 43075 + 43858 + 43546) / 5 = $43133.6 Mil.
Total Assets at the begining of this year (Mar24) was $42,911 Mil.
Long-Term Debt & Capital Lease Obligation was $24,662 Mil.
Total Current Assets was $4,727 Mil.
Total Current Liabilities was $3,979 Mil.
Net Income was 1369 + 1701 + 1377 + 502 = $4,949 Mil.

Revenue was 4102 + 4159 + 4823 + 4253 = $17,337 Mil.
Gross Profit was 2406 + 2860 + 2633 + 1264 = $9,163 Mil.
Average Total Assets from the begining of last year (Mar23)
to the end of last year (Mar24) was
(40265 + 41803 + 41719 + 43076 + 42911) / 5 = $41954.8 Mil.
Total Assets at the begining of last year (Mar23) was $40,265 Mil.
Long-Term Debt & Capital Lease Obligation was $24,106 Mil.
Total Current Assets was $6,109 Mil.
Total Current Liabilities was $6,212 Mil.

*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.

Profitability

Question 1. Return on Assets (ROA)

Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Cheniere Energy's current Net Income (TTM) was 3,103. ==> Positive ==> Score 1.

Question 2. Cash Flow Return on Assets (CFROA)

Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.

Score 1 if positive, 0 if negative.

Cheniere Energy's current Cash Flow from Operations (TTM) was 5,376. ==> Positive ==> Score 1.

Question 3. Change in Return on Assets

Compare this year's return on assets (1) to last year's return on assets.

Score 1 if it's higher, 0 if it's lower.

ROA (This Year)=Net Income/Total Assets (Mar24)
=3103/42911
=0.07231246

ROA (Last Year)=Net Income/Total Assets (Mar23)
=4949/40265
=0.12291072

Cheniere Energy's return on assets of this year was 0.07231246. Cheniere Energy's return on assets of last year was 0.12291072. ==> Last year is higher ==> Score 0.

Question 4. Quality of Earnings (Accrual)

Compare Cash flow return on assets (2) to return on assets (1)

Score 1 if CFROA > ROA, 0 if CFROA <= ROA.

Cheniere Energy's current Net Income (TTM) was 3,103. Cheniere Energy's current Cash Flow from Operations (TTM) was 5,376. ==> 5,376 > 3,103 ==> CFROA > ROA ==> Score 1.

Funding

Question 5. Change in Gearing or Leverage

Compare this year's gearing (long-term debt divided by average total assets) to last year's gearing.

Score 0 if this year's gearing is higher, 1 otherwise.

Gearing (This Year: Mar25)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar24 to Mar25
=24662/43133.6
=0.57175844

Gearing (Last Year: Mar24)=Long-Term Debt & Capital Lease Obligation/Average Total Assets from Mar23 to Mar24
=24106/41954.8
=0.57457073

Cheniere Energy's gearing of this year was 0.57175844. Cheniere Energy's gearing of last year was 0.57457073. ==> This year is lower or equal to last year. ==> Score 1.

Question 6. Change in Working Capital (Liquidity)

Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.

Score 1 if this year's current ratio is higher, 0 if it's lower

Current Ratio (This Year: Mar25)=Total Current Assets/Total Current Liabilities
=4727/3979
=1.18798693

Current Ratio (Last Year: Mar24)=Total Current Assets/Total Current Liabilities
=6109/6212
=0.98341919

Cheniere Energy's current ratio of this year was 1.18798693. Cheniere Energy's current ratio of last year was 0.98341919. ==> This year's current ratio is higher. ==> Score 1.

Question 7. Change in Shares in Issue

Compare the number of shares in issue this year, to the number in issue last year.

Score 0 if there is larger number of shares in issue this year, 1 otherwise.

Cheniere Energy's number of shares in issue this year was 224.1. Cheniere Energy's number of shares in issue last year was 235. ==> There is smaller number of shares in issue this year, or the same. ==> Score 1.

Efficiency

Question 8. Change in Gross Margin

Compare this year's gross margin (Gross Profit divided by sales) to last year's.

Score 1 if this year's gross margin is higher, 0 if it's lower.

Gross Margin (This Year: TTM)=Gross Profit/Revenue
=6429/16894
=0.38054931

Gross Margin (Last Year: TTM)=Gross Profit/Revenue
=9163/17337
=0.52852281

Cheniere Energy's gross margin of this year was 0.38054931. Cheniere Energy's gross margin of last year was 0.52852281. ==> Last year's gross margin is higher ==> Score 0.

Question 9. Change in asset turnover

Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.

Score 1 if this year's asset turnover ratio is higher, 0 if it's lower

Asset Turnover (This Year)=Revenue/Total Assets at the Beginning of This Year (Mar24)
=16894/42911
=0.39369859

Asset Turnover (Last Year)=Revenue/Total Assets at the Beginning of Last Year (Mar23)
=17337/40265
=0.43057246

Cheniere Energy's asset turnover of this year was 0.39369859. Cheniere Energy's asset turnover of last year was 0.43057246. ==> Last year's asset turnover is higher ==> Score 0.

Evaluation

Piotroski F-Score= Que. 1+ Que. 2+ Que. 3+Que. 4+Que. 5+Que. 6+Que. 7+Que. 8+Que. 9
=1+1+0+1+1+1+1+0+0
=6

Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3

Cheniere Energy has an F-score of 6 indicating the company's financial situation is typical for a stable company.

Cheniere Energy  (NYSE:LNG) Piotroski F-Score Explanation

The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.

He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.

In 2000, he wrote a research paper called "Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers" (pdf).

He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.

What he found was something that exceeded his most optimistic expectations.

Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.

Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).

Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.


Cheniere Energy Piotroski F-Score Related Terms

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Cheniere Energy Business Description

Address
845 Texas Avenue, Suite 1250, Houston, TX, USA, 77002
Cheniere Energy is a liquified natural gas, or LNG, producer with two facilities in Corpus Christi, Texas and Sabine Pass, Louisiana. It generates most of its revenue through long-term contracts with customers on a fixed and variable fee payout structure. It also generates revenue by selling uncontracted LNG to customers on a short or one-time basis. A subsidiary, Cheniere Energy Partners, owns the Sabine Pass facility and trades as a master limited partnership.
Executives
G Andrea Botta director 14 EAST 75TH ST #8A, NEW YORK NY 10021
Anatol Feygin officer: SVP - Strategy & Corp. Dev. 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Denise Gray director 7450 N. MCCORMICK BLVD., SKOKIE IL 60076
Matthew Jk Runkle director 345 PARK AVENUE, NEW YORK NY 10154
Vicky A Bailey director 2099 PENNSYLVANIA AVNUE, NW, SUITE 1000, WASHINGTON DC 20006
Grindal Corey officer: EVP & Chief Operating Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Brian E Edwards director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Aaron D. Stephenson officer: SVP, Operations 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Scott Bennett Peak director 1200 SMITH STREET, HOUSTON TX 77002
Neal A Shear director 1585 BROADWAY, NEW YORK NY 10036
David L Slack officer: VP & Chief Accounting Officer 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Lorraine Mitchelmore director 700 MILAM STREET, SUITE 1900, HOUSTON TX 77002
Patricia K Collawn director 414 SILVER AVE SW MS 1275, ALBUQUERQUE NM 87102-3289
David B Kilpatrick director 35 HARBOR RIDGE DR., SUITE 4800, NEWORT BEACH CA 92660
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036