企業概要
Venture Global, Inc. is a liquefied natural gas (LNG) enterprise focused on the ownership, development, construction, and operation of LNG production facilities alongside associated infrastructure along the U.S. Gulf Coast. The firm operates within the Energy sector, specifically the Oil & Gas Midstream industry, where it engages in the core activities of LNG production, natural gas transportation, and regasification services. The company demonstrates significant scale with a market capitalization of $35.85B, annual revenue of $13.77B, and an employee base of 2000 individuals. These valuation and revenue figures indicate that the entity holds a substantial position within the midstream energy landscape, commanding a significant market share and reflecting robust operational reach in the liquefied natural gas supply chain.
財務健全性
The company reported a trailing twelve-month revenue of $13.77B and generated net income of $2.26B, while recording EBITDA of $6.10B. The substantial gap between the $13.77B revenue and the $2.26B net income reveals a cost structure where operating expenses and taxes absorb approximately 83% of top-line revenue before reaching the bottom line. Free cash flow stands at $-10,849,750,016, indicating that capital expenditures and operational cash outflows have exceeded cash generation in the reported period, which limits immediate financial flexibility for internal reinvestment without external financing. The gross margin is 49.9%, suggesting that nearly half of the revenue remains after direct production costs, while the operating margin of 38.6% highlights efficient control over administrative and operational overheads. The profit margin of 19.6% reflects the final percentage of revenue converted into actual profit after all expenses are deducted. On the balance sheet, total cash of $2.39B is outweighed significantly by total debt of $35.22B, resulting in a debt-to-equity ratio of 293.61, which characterizes the company as highly leveraged rather than conservative. The current ratio is 0.93, indicating that current liabilities slightly exceed current assets, suggesting tight short-term liquidity conditions that require careful management of working capital. Return on Equity is 27.5%, demonstrating high effectiveness in generating profits from shareholders' invested capital, whereas Return on Assets is 6.6%, showing the overall efficiency of asset utilization relative to the company's heavy debt load.
バリュエーション評価
The trailing P/E ratio is 15.70, while the forward P/E is 30.37, implying that the market expects a significant increase in earnings per share in the coming year to justify the higher forward multiple. The price-to-book ratio stands at 5.26, indicating that the market values the company's equity at more than five times its book value, reflecting a premium assigned to its growth prospects and asset quality. Alternative valuation metrics include a price-to-sales ratio of 2.60 and an EV/EBITDA of 12.06, which suggest that the stock is priced at 2.6 times its sales and 12.06 times its earnings before interest, taxes, depreciation, and amortization. The 52-week high is $19.50 and the 52-week low is $5.72, providing a trading range within which the stock has fluctuated over the past year. Without a specific current share price provided in the available facts, the exact percentage deviation from the 52-week high cannot be calculated, but the wide range between $5.72 and $19.50 suggests high volatility in the stock's recent performance. The beta is listed as N/A, meaning that the standard measure of price volatility relative to the broader market is not available for this specific security in the provided data.
Growth & Income
Revenue growth year-over-year is 191.7%, while earnings growth year-over-year is 21.8%, indicating that earnings are growing at a much slower pace than revenue, which often implies that the revenue expansion is driven by volume or pricing changes that have not yet fully translated into proportional profit growth. The company offers a dividend yield of 0.5% with a payout ratio of 7.3%, suggesting that the dividend is very small relative to earnings and is theoretically sustainable given the low payout percentage. Given the high debt load and significant negative free cash flow, the company likely prioritizes debt servicing and capital expenditure over aggressive dividend increases, though the low payout ratio confirms that current dividends are not straining earnings. Overall, the growth profile is characterized by explosive revenue expansion supported by a modest but sustainable dividend yield, while the income profile remains conservative due to the company's heavy reliance on external capital and operational leverage.