How does LNG's 2024 earnings trend compare to previous years?
3/31/2025 05:38pm
Cheniere Energy's (LNG) 2024 earnings trend shows a significant improvement compared to the previous year, 2023, with a substantial increase in net income:
1. **Growth in Net Income**: The net income for 2024Q4 was $4.49 billion, which is a substantial increase from the $2.64 billion reported in 2022Q4. This indicates a strong recovery and growth in earnings over the past two years.
2. **Comparison with 2023**: The net income for 2023Q4 was $2.64 billion, which was already an improvement from the $2.06 billion reported in 2022Q4. This suggests that LNG's earnings have been on an upward trend, with each subsequent quarter showing higher net income than the previous one.
3. **Impact of Previous Years**: The net income of $1.57 billion in 2021Q4 indicates that there was a dip in earnings from the previous year, 2020, when the net income was $501 million. This dip could be attributed to various factors such as market conditions, operational challenges, or industry-specific factors.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|LNG|LNG.N|Cheniere Energy|2020 Q1|78.93175074183976|6.03E8|169|
|LNG|LNG.N|Cheniere Energy|2020 Q2|20100|4.04E8|169|
|LNG|LNG.N|Cheniere Energy|2020 Q3|-95.38461538461539|-5.08E8|169|
|LNG|LNG.N|Cheniere Energy|2020 Q4|-99.82653946227234|2000000|169|
|LNG|LNG.N|Cheniere Energy|2021 Q1|-5.306799336650083|5.71E8|169|
|LNG|LNG.N|Cheniere Energy|2021 Q2|-132.42574257425744|-1.31E8|169|
|LNG|LNG.N|Cheniere Energy|2021 Q3|-80.31496062992126|-9.16E8|169|
|LNG|LNG.N|Cheniere Energy|2021 Q4|-54550|-1.089E9|169|
|LNG|LNG.N|Cheniere Energy|2022 Q1|-236.77758318739052|-7.81E8|169|
|LNG|LNG.N|Cheniere Energy|2022 Q2|796.9465648854962|9.13E8|169|
In summary, Cheniere Energy's 2024 earnings trend demonstrates a robust recovery and growth in net income compared to the previous years, with each quarter showing higher earnings than the corresponding quarter in the previous year.