Venture Global, Inc. (VG) Stock Analysis

Venture Global, Inc. (VG) Stock Analysis

Analysis from 10-Q filed 2025-11-10. Data as of Q4 2025.

Overall Grade: F (Concerning)

Venture Global, Inc. faces challenges in financial performance that warrant careful analysis.

Metric Value Context
ROIC 10.1% Near cost of capital
FCF Margin -49.4% Cash flow pressure
Debt/Equity 5.1x Elevated debt

Investment Thesis: Financial metrics indicate concerning business quality with areas requiring attention.

Explore Venture Global, Inc.: Earnings History | Filing Intelligence | ROIC Analysis


Profitability: Venture Global, Inc. earns 10.1% ROIC, Top 25% in Utilities

Venture Global, Inc.'s trailing-twelve-month ROIC of 10.1% ranks Top 25% in Utilities companies (sector median: 5.8%), driven by NOPAT margin of 30.4% combined with asset turnover of 0.3x. Source: 10-Q filed 2025-11-10. Gross margin of 57.0% with operating margin at 37.4% reflects strong pricing power.

Metric VG Rating Context
Return on Invested Capital (ROIC) 10.1% Adequate Above sector median of 5.8%
Return on Equity (ROE) 43.8% Excellent Efficient use of shareholder equity
Gross Margin 57.0% Excellent Strong pricing power
Operating Margin 37.4% Excellent Efficient operations

Cash Flow: Venture Global, Inc. generates $-6.8B FCF at -49.4% margin, positive NaN/8 quarters

Venture Global, Inc. generated $-6.8B in free cash flow (TTM), a -49.4% FCF margin, a margin that ranks Top 5% in Utilities. Operating cash flow exceeds net income by 2.9x, indicating high earnings quality. FCF was positive in N/A of the last 8 quarters. Source: 10-Q filed 2025-11-10.

Metric VG Rating Context
Free Cash Flow Margin -49.4% Red flag Thin cash margins
Free Cash Flow (TTM) $-6.8B Red flag Cash burn
OCF/Net Income 2.9x Excellent High earnings quality
FCF Consistency (8Q) N/A Warning Variable cash flow

Balance Sheet: Venture Global, Inc. at 5.1x leverage

Venture Global, Inc.'s debt-to-equity ratio of 5.1x reflects high leverage. Total debt of $34.2B offset by $3.4B in cash. Source: 10-Q filed 2025-11-10.

Metric VG Rating Context
Debt to Equity 5.1x Red flag Elevated leverage
Net Cash Position $-30.8B Warning Net debt position

Valuation: Venture Global, Inc. trades at 7.3x earnings

Venture Global, Inc. trades at a P/E of 7.3x. Free cash flow yield of -41.1% reflects market expectations for growth.

Metric VG Rating Context
P/E Ratio 7.3x Adequate Reasonable valuation
EV/Sales 3.2x Good Growth premium priced in
FCF Yield -41.1% Warning Lower cash yield
Dividend Yield 2.8% Adequate Growth focus over income

Capital Allocation: Venture Global, Inc. returns 2.8% shareholder yield

Venture Global, Inc.'s total shareholder yield is 2.8% (dividends 2.8% + buybacks). Source: 10-Q filed 2025-11-10.

Metric VG Rating Context
Total Shareholder Yield 2.8% Adequate Dividend + buyback yield combined
Total Capital Returned (TTM) $465.0M Good Dividends + buybacks returned to shareholders

Sector Rankings

Metric Value Percentile vs Median
Return on Invested Capital (ROIC) 10.1% Top 25% 1.7x above
Free Cash Flow Margin -49.4% Top 5% -
Gross Margin 57.0% Bottom 50% 0.9x below
Operating Margin 37.4% Top 10% 1.9x above
Return on Equity (ROE) 43.8% Top 5% 4.6x above
P/E Ratio 7.3x N/A -

Financial Scorecard

Metric VG Rating Sector Context
Return on Invested Capital (ROIC) 10.1% Adequate Top 25% of sector (median: 5.8%)
Free Cash Flow Margin -49.4% Red flag Top 5% of sector (median: 0.0%)
Gross Margin 57.0% Excellent Bottom 50% of sector (median: 63.3%)
Debt to Equity Ratio 507.3% Red flag High financial leverage
P/E Ratio (Price-to-Earnings) 725.5% Adequate Attractively valued
Free Cash Flow Yield -41.1% Red flag Growth-focused valuation

Frequently Asked Questions

Q: What is Venture Global, Inc.'s Return on Invested Capital (ROIC)?

Venture Global, Inc. (VG) has a trailing twelve-month Return on Invested Capital (ROIC) of 10.1%. This compares above the sector median of 5.8%. An ROIC near 8-12% is approximately the cost of capital for most companies.

Q: What is Venture Global, Inc.'s Free Cash Flow Margin?

Venture Global, Inc. (VG) has a free cash flow margin of -49.4%, generating $-6.8 billion in free cash flow over the trailing twelve months. Negative free cash flow means the company is consuming cash, which may require financing.

Q: Is Venture Global, Inc. stock overvalued or undervalued?

Venture Global, Inc. (VG) trades at a P/E ratio of 7.3x, which is above the sector median of N/A. The EV/Sales multiple is 3.2x.

Q: Does Venture Global, Inc. pay a dividend?

Venture Global, Inc. (VG) currently pays a dividend yield of 2.8%. Including share buybacks, the total shareholder yield is 2.8%. This yield is moderate, suggesting a balance between income and growth reinvestment.

Q: How much debt does Venture Global, Inc. have?

Venture Global, Inc. (VG) has a debt-to-equity ratio of 5.1x with total debt of $34.2 billion. Net debt position is $30.8 billion.

Q: What is Venture Global, Inc.'s revenue and earnings growth?

Venture Global, Inc. (VG) grew revenue by 176.9% year-over-year. Earnings per share increased by 53.6% compared to the prior year. Double-digit revenue growth indicates strong demand and market share gains.

Q: How does Venture Global, Inc. compare to competitors in Utilities?

Compared to other companies in Utilities, Venture Global, Inc. (VG) shows: ROIC of 10.1% is above the sector median of 5.8% (Top 18%). FCF margin of -49.4% trails the sector median of 0.0% (Top -31% of sector). Gross margin at 57.0% is 6.3 percentage points lower than sector peers. These rankings are based on MetricDuck's analysis of all Utilities companies with available SEC filings.

Q: What warning signs should I watch for with Venture Global, Inc.?

Investors in Venture Global, Inc. (VG) should monitor these potential warning signs: 1) FCF margin is thin at -49.4%, leaving limited buffer for economic downturns. 2) Debt-to-equity of 5.1x is elevated. Regular monitoring of SEC filings and quarterly trends is recommended.


Data Source: Data sourced from 10-Q filed 2025-11-10. TTM metrics as of Q4 2025.

Methodology: Financial metrics calculated from SEC 10-K and 10-Q filings using standardized formulas. Sector comparisons use peer group based on SIC code.

Scope: This analysis covers SEC filing fundamentals — profitability, cash flow, balance sheet, and valuation metrics. For analyst estimates and price targets, consult sell-side research.

This analysis is for informational purposes only and does not constitute investment advice.