Health score, competitive moat, risk signals, and key metrics at a glance.
Excelerate Energy, Inc. owns and operates liquefied natural gas (LNG) and natural gas infrastructure assets. The company operates floating regasification terminals. It also offers various terminal services, including providing the crew, and technical and other services related to the floating regasification terminal's operation. In addition, the company sells natural gas, LNG, power, and steam. The company was founded in 2003 and is headquartered in The Woodlands, Texas. Excelerate Energy, Inc. is a subsidiary of Excelerate Energy Holdings, LLC.
Competitive analysis based on 17 quarters of fundamental data
Operating margins are positive at ~23.2% on average, but show some variability — pricing power may be sensitive to market conditions.
ROE is positive at ~1.7% on average, adequate but below the threshold typically associated with wide moats.
Data-driven red flags and warnings across 17 quarters
Operating margins declined 16.2% — watch for continued compression, which may signal competitive or cost pressure.
FCF covers net income by 6.0x on average — earnings are well-supported by cash generation.
Debt-to-equity has risen 182.3% recently — increasing financial risk even if the current ratio is manageable.
Revenue is stable or growing over recent quarters — demand appears durable.
Free cash flow is consistently positive — the business self-funds without external capital reliance.
Shares outstanding increased 27.4% — significant dilution, likely from stock compensation or capital raises.
as of March 2026
Revenue, EBITDA, operating income, net income, EPS, and shares
Gross, EBITDA, operating, and net margin trends
P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield
Total assets, cash, debt, book value, and leverage
Operating cash flow, free cash flow, FCF margin, and earnings quality
Free cash flow is consistently positive and growing — a hallmark of a capital-light business that can self-fund growth.
TTM revenue has grown consistently (6 of 7 quarters up), with ~49.8% growth over the period. Strong demand durability.
