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Cheniere Energy vs Atmos Energy: LNG and ATO compared
Cheniere Energy is the larger company: $6.2B of revenue in its latest quarter (Q3 2026) against $879M for Atmos Energy (Q3 FY26). Cheniere Energy is growing faster (+39% against +5% a year earlier). Atmos Energy is more profitable, with an operating margin of 36.4% against 31.0%.
Where the money goes: LNG and ATO
Cheniere Energy (LNG) · Q3 2026
Cheniere Energy, Q3 2026: revenue $6.2B (+39% year over year), operating margin 31.0%, net earnings $1.2B, operating cash flow $2.5B. The chart follows the revenue to costs, profit and cash.
Atmos Energy (ATO) · Q3 FY26
Atmos Energy, Q3 FY26: revenue $879M (+5% year over year), operating margin 36.4%, net earnings $243M, operating cash flow $640M. The chart follows the revenue to costs, profit and cash.
| Cheniere Energy (LNG) | Atmos Energy (ATO) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 FY26 |
| Revenue | $6.2B | $879M |
| Revenue growth, Y/Y | +39% | +5% |
| Operating margin | 31.0% | 36.4% |
| Net earnings | $1.2B | $243M |
| Net margin | 19.0% | 27.6% |
| Operating cash flow | $2.5B | $640M |
| Free cash flow | $1.7B | — |
| Market value | $57.8B | $29.3B |
| P/E | 19.7× | 20.9× |
| Analysts’ mean target | $335.70 | $182.73 |
Where the revenue comes from
Cheniere Energy
- LNG: $6.0B (98%)
- Other revenues: $76.0M (1%)
- Regasification: $34.0M (1%)
- Other: $29.0M (0%)
Atmos Energy
- Distribution segment: $774M (88%)
- Pipeline and storage segment: $105M (12%)
Questions
Which is bigger, Cheniere Energy or Atmos Energy?
Cheniere Energy is the larger company: $6.2B of revenue in its latest quarter (Q3 2026) against $879M for Atmos Energy (Q3 FY26).
Is Cheniere Energy or Atmos Energy growing faster?
Cheniere Energy is growing faster (+39% against +5% a year earlier).
Which is more profitable, Cheniere Energy or Atmos Energy?
Atmos Energy is more profitable, with an operating margin of 36.4% against 31.0%.
More: Cheniere Energy earnings · how Cheniere Energy makes money · Atmos Energy earnings · how Atmos Energy makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 29, 2026; 10-Q filed Aug 5, 2026). Fiscal quarters can end on different dates. Not investment advice.