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Income Statement (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Revenue | 3.76B | 15.7% |
| Gross Profit | 2.41B | 1.7% |
| Cost of Revenue | 1.35B | 53.3% |
| Operating expense | 549M | 2.3% |
| Net Income | 893M | 1.5% |
| EBITDA | 1.18B | 39.1% |
Balance Sheet (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Total Assets | 43.1B | 1.9% |
| Total Liabilities | 33.7B | 0.1% |
| Total Equity | 5.1B | 14.3% |
| Shares Outstanding | 226M | 0.9% |
Cash Flow (USD)
| Q3 '24 | QoQ | |
|---|---|---|
| Cash from operations | 1.39B | 24.6% |
| Cash from investing | -521M | 0.4% |
| Cash from financing | -747M | 69.9% |
EPS
Financial Highlights for Cheniere Energy in Q3 '24
Cheniere Energy reported a revenue of 3.76B, which is a 15.7% change from the previous quarter. An increase in revenue typically indicates growing demand for the company's products or services. This positive change in revenue is a good sign, suggesting that the company's sales are moving in the right direction.
Gross Profit stood at 2.41B, marking a 1.7% change since the last quarter. Gross profit showcases the efficiency in production and sales processes.
Cost of Revenue was 1.35B, a 53.3% difference from the previous quarter. A rising cost of revenue may suggest increased production or sales costs, which can impact margins. However, if accompanied by a proportionate rise in revenue, it could indicate scaling operations.
Operating Expenses for this period were 549M, showing a -2.3% change from the last quarter. Operating expenses cover the costs of running daily business operations. A significant increase might indicate inefficiencies or investments in growth, while a decrease could suggest cost-saving measures or potential underinvestment in key areas.
Net Income for the quarter was 893M, showing a 1.5% change from the prior quarter. Net income provides a clear picture of the company's profitability after all expenses. An increase suggests the company is becoming more profitable, while a decrease may raise concerns about the company's financial health, unless there are specific one-time costs or investments.
The company's EBITDA for the quarter was 1.18B, showing a -39.1% change from the previous period. EBITDA gives insight into the company's operational profitability, excluding non-operating expenses like interest and taxes. A rising EBITDA indicates strong operational performance, while a declining EBITDA may signal operational challenges or increased costs.
It was a positive quarter for Cheniere Energy with growth in revenue, gross profit, and net income. An increase in the cost of revenue, higher than the revenue growth, suggests potential margin pressures. A decline in EBITDA signals potential operational challenges or increased costs.
