EQT CORPORATION financials
EQT CIK 0000033213
Source: EDGAR filings · raw companyfacts JSON · Built 2026-04-25T10:02:26Z
Custom taxonomy namespace:
ffd
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.84B | 573.26M | 1.16B | 2.07B | 607.32M | 495.47M |
| EBITDA | 5.85B | 2.85B | 4.05B | 4.38B | 315.73M | 515.80M |
| Working Capital | -589.69M | -746.87M | -23.86M | 282.22M | -2.90B | -546.96M |
| Net Debt | 7.80B | 9.22B | 5.78B | 4.27B | 5.53B | 4.96B |
| Gross Margin | 82.28% | 63.67% | 57.24% | 82.52% | 71.46% | 35.45% |
| Operating Margin | 37.59% | 13.00% | 45.88% | 22.44% | -20.00% | -33.12% |
| Net Margin | 23.59% | 4.37% | 34.40% | 14.62% | -16.80% | -36.18% |
| Return on Equity (ROE) | 8.59% | 1.12% | 11.75% | 15.85% | -11.48% | -10.36% |
| Return on Assets (ROA) | 4.88% | 0.58% | 6.86% | 7.81% | -5.29% | -5.29% |
| Current Ratio | 0.7627 | 0.6966 | 0.9883 | 1.0756 | 0.4409 | 0.6897 |
| Debt-to-Equity | 0.3333 | 0.4576 | 0.3967 | 0.5126 | 0.5669 | 0.5376 |
| Effective Tax Rate | 21.89% | 8.36% | 17.54% | 23.72% | 27.27% | 23.55% |
| Cash Conversion Ratio | 2.5136 | 12.2604 | 1.8319 | 1.9569 | -1.4548 | -1.6038 |
| Accruals Ratio | -0.0739 | -0.0652 | -0.0571 | -0.0748 | -0.1298 | -0.1378 |
| SBC % of Revenue | 0.70% | 3.00% | 0.99% | 0.37% | 0.41% | 0.74% |
| CapEx Coverage | 2.2399 | 1.2544 | 1.5744 | 2.4746 | 1.5756 | 1.4754 |
| Free Cash Flow Per Share | $4.61 | $1.11 | $2.81 | $5.08 | $1.88 | $1.90 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 16.1934 | 102.4667 | 9.1611 | 7.7237 | — | — |
| P/FCF | 11.6307 | 41.3914 | 13.7742 | 6.6591 | 11.6066 | 6.6853 |
| FCF Yield | 8.60% | 2.42% | 7.26% | 15.02% | 8.62% | 14.96% |
| EV / EBITDA | 7.0522 | 12.9034 | 5.4397 | 3.793 | 43.587 | 16.5103 |
| P/S | 3.8697 | 5.2191 | 3.2178 | 1.0203 | 1.2098 | 1.3428 |
| P/B | 1.4083 | 1.3362 | 1.0988 | 1.1063 | 0.8269 | 0.3845 |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | — | — | 5.04B | 12.11B | 6.80B | 2.65B |
| Revenues | 8.64B | 5.27B | 6.91B | 7.50B | 3.06B | 3.06B |
| Cost of Goods and Services Sold | 1.53B | 1.92B | 2.16B | 2.12B | 1.94B | 1.71B |
| Selling, General and Administrative Expense | 380.07M | 336.72M | 236.17M | 252.65M | 196.31M | 174.77M |
| Operating Income (Loss) | 3.25B | 685.30M | 2.31B | 2.72B | -1.36B | -877.67M |
| Income Tax Expense (Benefit) | 651.88M | 22.08M | 368.95M | 553.72M | -428.04M | -295.29M |
| Net Income (Loss) Attributable to Parent | 2.04B | 230.58M | 1.74B | 1.77B | -1.14B | -958.80M |
| Earnings Per Share, Basic | $3.33 | $0.45 | $4.56 | $4.79 | $-3.54 | $-3.68 |
| Weighted Average Number of Shares Outstanding, Basic | 611.57M | 509.60M | 380.90M | 370.05M | 323.20M | 260.61M |
| Earnings Per Share, Diluted | $3.31 | $0.45 | $4.22 | $4.38 | $-3.54 | $-3.68 |
| Weighted Average Number of Shares Outstanding, Diluted | 615.72M | 514.59M | 413.22M | 406.50M | 323.20M | 260.61M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 110.80M | 202.09M | 80.98M | 1.46B | 113.96M | 18.21M |
| Assets, Current | 1.90B | 1.71B | 2.01B | 4.01B | 2.29B | 1.22B |
| Assets | 41.79B | 39.83B | 25.29B | 22.67B | 21.61B | 18.11B |
| Long-term Debt | 7.80B | 9.32B | 5.80B | 5.68B | 5.59B | 4.93B |
| Liabilities, Current | 2.48B | 2.46B | 2.04B | 3.73B | 5.19B | 1.76B |
| Long-term Debt, Excluding Current Maturities | 7.29B | 9.00B | 5.50B | 5.26B | 4.53B | 4.77B |
| Liabilities | 14.43B | 15.55B | 10.50B | 11.46B | 11.64B | 8.85B |
| Stockholders' Equity Attributable to Parent | 23.75B | 20.60B | 14.77B | 11.17B | 9.95B | 9.26B |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 5.13B | 2.83B | 3.18B | 3.47B | 1.66B | 1.54B |
| Payments to Acquire Property, Plant, and Equipment | 2.29B | 2.25B | 2.02B | 1.40B | 1.06B | 1.04B |
| Net Cash Provided by (Used in) Investing Activities | -2.84B | -1.58B | -4.31B | -1.42B | -2.07B | -1.56B |
| Payments for Repurchase of Common Stock | 0 | 0 | 201.03M | 409.49M | 12.92M | 0 |
| Net Cash Provided by (Used in) Financing Activities | -2.37B | -1.13B | -242.86M | -699.13M | 506.05M | 31.71M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 2.46B | 512.65M | 2.32B | 1.93B | 1.24B | 164.68M |
| EBITDA | 2.69B | 1.68B | 1.29B | 1.76B | 1.12B | 1.40B |
| Working Capital | -809.05M | -589.69M | -924.45M | -675.07M | -1.32B | -746.87M |
| Net Debt | 5.67B | 7.80B | 7.98B | 7.76B | 8.11B | 9.22B |
| Gross Margin | 88.15% | 83.77% | 80.74% | 84.79% | 78.26% | 76.21% |
| Operating Margin | 60.26% | 42.55% | 30.80% | 44.34% | 28.52% | 48.10% |
| Net Margin | 44.02% | 28.35% | 17.15% | 30.66% | 13.92% | 25.75% |
| Return on Equity (ROE) | 5.92% | 2.85% | 1.45% | 3.66% | 1.17% | 2.03% |
| Return on Assets (ROA) | 3.57% | 1.62% | 0.82% | 1.98% | 0.61% | 1.05% |
| Current Ratio | 0.658 | 0.7627 | 0.5782 | 0.7073 | 0.5679 | 0.6966 |
| Debt-to-Equity | 0.2386 | 0.3333 | 0.355 | 0.3881 | 0.4051 | 0.4576 |
| Effective Tax Rate | 21.81% | 21.82% | 24.10% | 21.57% | 19.96% | 25.58% |
| Cash Conversion Ratio | 2.0542 | 1.6621 | 11.9113 | 3.804 | 7.1908 | 1.8076 |
| Accruals Ratio | -0.0376 | -0.0107 | -0.089 | -0.0554 | -0.0378 | -0.0085 |
| SBC % of Revenue | 0.55% | 0.71% | 2.24% | 1.12% | 0.85% | 1.03% |
| CapEx Coverage | 5.1045 | 1.8367 | 2.3874 | 2.8427 | 3.4848 | 1.2784 |
| Free Cash Flow Per Share | $3.90 | $0.83 | $3.70 | $3.21 | $2.06 | $0.32 |
Valuation Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| P/E Trailing (Diluted) | 12.0759 | 16.1934 | 17.7296 | 29.16 | 74.2083 | 83.8364 |
| EV / EBITDA | 6.1251 | 7.0522 | 7.5343 | 9.3116 | 12.1672 | 12.9034 |
| P/S | 3.8709 | 3.8697 | 4.3102 | 4.8463 | 5.7752 | 5.3943 |
| P/B | 1.5847 | 1.4083 | 1.4672 | 1.6301 | 1.5437 | 1.3362 |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenues | 3.38B | 2.39B | 1.96B | 2.56B | 1.74B | 1.62B |
| Cost of Goods and Services Sold | 400.34M | 387.63M | 377.13M | 389.12M | 378.21M | 386.52M |
| Selling, General and Administrative Expense | 95.75M | 108.30M | 98.72M | 81.59M | 91.46M | 107.99M |
| Operating Income (Loss) | 2.04B | 1.02B | 603.21M | 1.13B | 496.25M | 781.45M |
| Income Tax Expense (Benefit) | 433.35M | 208.34M | 129.27M | 235.62M | 78.67M | 146.87M |
| Net Income (Loss) Attributable to Parent | 1.49B | 677.10M | 335.86M | 784.15M | 242.14M | 418.39M |
| Earnings Per Share, Basic | $2.38 | $1.09 | $0.54 | $1.31 | $0.40 | $0.84 |
| Weighted Average Number of Shares Outstanding, Basic | 625.14M | 611.57M | 624.53M | 599.22M | 597.98M | 509.60M |
| Earnings Per Share, Diluted | $2.36 | $1.08 | $0.53 | $1.30 | $0.40 | $0.84 |
| Weighted Average Number of Shares Outstanding, Diluted | 629.21M | 615.72M | 628.32M | 602.92M | 602.84M | 514.59M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 326.57M | 110.80M | 235.74M | 555.49M | 281.76M | 202.09M |
| Assets, Current | 1.56B | 1.90B | 1.27B | 1.63B | 1.74B | 1.71B |
| Assets | 41.69B | 41.79B | 41.20B | 39.67B | 39.70B | 39.83B |
| Long-term Debt | 5.99B | 7.80B | 8.22B | 8.32B | 8.39B | 9.32B |
| Liabilities, Current | 2.37B | 2.48B | 2.19B | 2.31B | 3.06B | 2.46B |
| Long-term Debt, Excluding Current Maturities | 5.48B | 7.29B | 7.71B | 7.92B | 8.11B | 9.00B |
| Liabilities | 12.91B | 14.43B | 14.40B | 14.57B | 15.30B | 15.55B |
| Stockholders' Equity Attributable to Parent | 25.12B | 23.75B | 23.15B | 21.42B | 20.72B | 20.60B |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 3.06B | 1.13B | 4.00B | 2.98B | 1.74B | 756.28M |
| Payments to Acquire Property, Plant, and Equipment | 598.50M | 612.73M | 1.68B | 1.05B | 499.65M | 591.60M |
| Net Cash Provided by (Used in) Investing Activities | -842.44M | -621.01M | -2.22B | -1.20B | -534.04M | 582.35M |
| Payments for Repurchase of Common Stock | — | — | — | — | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | -2.00B | -629.32M | -1.74B | -1.43B | -1.13B | -1.23B |
Raw XBRL tagging for a single filing
Every us-gaap and custom concept the filer tagged for one fiscal period, grouped by statement. Start here when a number in the trend table above surprises you and you want to see the exact tag behind it. Derived and valuation rows are omitted here because they already appear in the trend table.
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with a fallback chain). Non-USD rows, rows without a
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Income Statement
25 concepts 3 units Unit US$ · 20 concepts
Unit shares · 2 concepts
| Label | Value | Period |
|---|---|---|
| Weighted Average Number of Shares Outstanding, Basic | 625.14M | 2026-01-01 → 2026-03-31 |
| Weighted Average Number of Shares Outstanding, Diluted | 629.21M | 2026-01-01 → 2026-03-31 |
Unit US$ / share · 3 concepts
| Label | Value | Period |
|---|---|---|
| Earnings Per Share, Basic | $2.38 | 2026-01-01 → 2026-03-31 |
| Earnings Per Share, Diluted | $2.36 | 2026-01-01 → 2026-03-31 |
| Common Stock, Dividends, Per Share, Declared | $0.17 | 2026-01-01 → 2026-03-31 |
Comprehensive Income
5 concepts 1 unit Unit US$ · 5 concepts
| Label | Value | Period |
|---|---|---|
| Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax | -294.00K | 2026-01-01 → 2026-03-31 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | 1.49B | 2026-01-01 → 2026-03-31 |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | 66.70M | 2026-01-01 → 2026-03-31 |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | 1.55B | 2026-01-01 → 2026-03-31 |
| Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, Tax | 178.00K | 2026-01-01 → 2026-03-31 |
Balance Sheet
38 concepts 3 units Unit US$ · 32 concepts
Unit shares · 5 concepts
| Label | Value | Period |
|---|---|---|
| Preferred Stock, Shares Authorized | 3.00M | as of 2026-03-31 |
| Preferred Stock, Shares Issued | 0 | as of 2026-03-31 |
| Preferred Stock, Shares Outstanding | 0 | as of 2026-03-31 |
| Common Stock, Shares Authorized | 1.28B | as of 2026-03-31 |
| Common Stock, Shares, Issued | 625.48M | as of 2026-03-31 |
Unit US$ / share · 1 concept
| Label | Value | Period |
|---|---|---|
| Common Stock, No Par Value | $0.00 | as of 2026-03-31 |
Cash Flow Statement
30 concepts 1 unit Unit US$ · 30 concepts
Stockholders' Equity
2 concepts 1 unit Unit US$ · 2 concepts
| Label | Value | Period |
|---|---|---|
| Noncontrolling Interest, Increase from Subsidiary Equity Issuance | 98.36M | 2026-01-01 → 2026-03-31 |
| Noncontrolling Interest, Decrease from Distributions to Noncontrolling Interest Holders | 104.24M | 2026-01-01 → 2026-03-31 |
Notes
15 concepts 4 units Unit US$ · 11 concepts
| Label | Value | Period |
|---|---|---|
| Asset Retirement Obligation, Period Increase (Decrease) | 1.85M | 2026-01-01 → 2026-03-31 |
| Share-based Payment Arrangement, Amount Capitalized | 6.88M | 2026-01-01 → 2026-03-31 |
| SegmentExpenditureAdditionToLongLivedAssets | 607.84M | 2026-01-01 → 2026-03-31 |
| Dividends, Common Stock, Cash | 101.18M | 2026-01-01 → 2026-03-31 |
| Revenue, Remaining Performance Obligation, Amount | 11.13B | as of 2026-03-31 |
| Net Income (Loss) Available to Common Stockholders, Diluted | 1.49B | 2026-01-01 → 2026-03-31 |
| Results of Operations, Production or Lifting Costs | 115.18M | 2026-01-01 → 2026-03-31 |
| Debt Instrument, Face Amount | 6.04B | as of 2026-03-31 |
| Derivative, Net Liability Position, Aggregate Fair Value | 0 | as of 2026-03-31 |
| Derivative Liability, Fair Value, Gross Liability | 64.17M | as of 2026-03-31 |
| Derivative Asset, Fair Value, Gross Asset | 184.02M | as of 2026-03-31 |
Unit shares · 1 concept
| Label | Value | Period |
|---|---|---|
| Incremental Common Shares Attributable to Dilutive Effect of Share-based Payment Arrangements | 4.07M | 2026-01-01 → 2026-03-31 |
Unit pure · 1 concept
| Label | Value | Period |
|---|---|---|
| Effective Income Tax Rate Reconciliation, Percent | 0.218 | 2026-01-01 → 2026-03-31 |
Unit segment · 2 concepts
| Label | Value | Period |
|---|---|---|
| Number of Operating Segments | 3 | 2026-01-01 → 2026-03-31 |
| Number of Reportable Segments | 3 | 2026-01-01 → 2026-03-31 |
Other
1 concepts 1 unit Unit US$ · 1 concept
| Label | Value | Period |
|---|---|---|
| Shares Issued, Value, Share-based Payment Arrangement, Forfeited | 20.26M | 2026-01-01 → 2026-03-31 |
Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (EQT CIK 0000033213),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.