VG · Venture Global, Inc.
Income-statement, balance-sheet and cash-flow figures extracted from the company's SEC filings — 10-K annual and 10-Q quarterly reports — and standardised for comparison across periods.
Chart any reported metric, KPI or segment over time — the full statement history lives here
| Line Item | TTM | FY2025 | FY2024 | FY2023 |
|---|---|---|---|---|
| $16.95B | $13.77B | $4.97B | $7.9B | |
| $174M | $344M | $635M | $490M | |
| $434M | $433M | $312M | $224M | |
| $969M | $941M | $322M | $277M | |
| $10.57B | $8.61B | $3.21B | $3.05B | |
| $6.38B | $5.16B | $1.76B | $4.85B | |
| — | 37.45% | 35.46% | 61.42% | |
| $7.35B | $6.1B | $2.09B | $5.13B | |
| $1.8B | $1.45B | $584M | $641M | |
| -$1.78B | -$1.79B | $420M | -$418M | |
| $4.59B | $3.36B | $2.18B | $4.43B | |
| $810M | $630M | $437M | $816M | |
| $3.78B | $2.73B | $1.75B | $3.62B | |
| — | 19.85% | 35.12% | 45.79% | |
| $3.33B | $2.26B | $1.48B | $2.68B | |
| $3.34B | $2.27B | $1.49B | $2.68B | |
| USD/shares | $1.35 | $0.93 | $0.63 | $1.30 |
| USD/shares | $1.27 | $0.86 | $0.57 | $1.25 |
| shares | — | 2.43B | 2.35B | 2.07B |
| shares | — | 2.64B | 2.59B | 2.14B |
Capital Returned to Shareholders
Cash spent on share repurchases and dividends per fiscal year, as reported on the cash-flow statement. Across FY2023–FY2025: $768M in dividends.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation
Peer medians compare against the 22 similar-size Oil & Gas Midstream companies (of 39 listed).
EV/Adj. EBITDA uses the company-stated “Consolidated Adjusted EBITDA”, extracted from the reconciliation in its SEC filings — the company's own non-GAAP definition, not an XBRL-tagged figure.
Valuation over time computed as of each quarter's filing date
EV/Adj. EBITDA uses the company-stated “Consolidated Adjusted EBITDA”, extracted from the reconciliation in its SEC filings as it existed at each sample date — the company's own non-GAAP definition, not an XBRL-tagged figure. Each point's tooltip names its TTM or fiscal-year basis.
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Plaquemines Project Segment | $9,175,000,000 | $23,000,000 | $0 |
| Calcasieu Project Segment | $4,125,000,000 | $4,916,000,000 | $7,897,000,000 |
| Sales and Shipping Segment | $2,518,000,000 | $329,000,000 | $0 |
| CP2 Project Segment | $1,000,000 | $2,000,000 | $0 |
By Geography (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| United States | $11,375,000,000 | $4,673,000,000 | $7,897,000,000 |
| Germany | $772,000,000 | $179,000,000 | $0 |
| France | $682,000,000 | $81,000,000 | $0 |
| Netherlands | $456,000,000 | $0 | $0 |
| Other Geographical Areas | $320,000,000 | $39,000,000 | $0 |
| United Kingdom | $164,000,000 | $0 | $0 |
By Product & Service (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Liquefied Natural Gas | $13,687,000,000 | $4,947,000,000 | $7,875,000,000 |
| Product And Service Other | $82,000,000 | $25,000,000 | $22,000,000 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Plaquemines Project Segment | $4,228,000,000 | -$217,000,000 | -$187,000,000 |
| Calcasieu Project Segment | $1,316,000,000 | $2,813,000,000 | $5,598,000,000 |
| Sales and Shipping Segment | $248,000,000 | -$20,000,000 | -$7,000,000 |
| CP2 Project Segment | -$278,000,000 | -$500,000,000 | -$362,000,000 |
Operating Margin by Segment (%)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Plaquemines Project Segment | 46.1% | -943.5% | — |
| Calcasieu Project Segment | 31.9% | 57.2% | 70.9% |
| Sales and Shipping Segment | 9.8% | -6.1% | — |
| CP2 Project Segment | -27800% | -25000% | — |