EQT

EQT
D

EQT

Arincen76/100B

If you had invested in EQT ago, it would be worth $1,624 today, against $4,081 in SPY and $6,291 in QQQ.

ArincenArincen ScoreBeta

76/100

Six parts of the company, five checks each, from its own reported figures. A part scores the checks it passes out of 10; the score is their average out of 100.

Profitability6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Cash10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Valuation7.5

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Growth10

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Financial strength6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Shareholders6

Plus shows the checks behind each part of the score, what passed, what failed and the figure it read, for every stock.

Figures to FY2025; the price as of today.

EQT key facts

Style
Value stock · 8.6/10Growth 8.5 · Value 8.6 · Dividend 3.6
Day range
52.130 – 52.970
52-week range
47.940 – 68.240
Market capitalization
33.04B USD
P/E
11.84
PEG ratio
0.99
EPS
4.46
Div Yield
1.29%
EPS growth forecast (FY2026)
+22.6%
Volume
194,854
Beta
0.58
ESG score
64.2/100Environment 60 · Social 68 · Governance 65
Sector
Energy
Industry
Oil & Gas Exploration & Production
CEO
Toby Z. Rice
Employees
2K
Website
eqt.com
IPO date
17 Mar 1980

EQT earnings

Next earnings · Q4 FY2026
EPS estimate
0.68 USD
Revenue estimate
2.06B USD
Last quarter · Q3 FY2026
EPS0.42Beat +14.4%Revenue1.77BBeat +0.3%

Revenue

ReportedEstimate

EPS

ReportedEstimate
PeriodReport dateEPS estimateReported EPSSurpriseEPS growthRevenue estimateReported revenueSurpriseRevenue growth
Q3 FY20270.68——+61.31%2.76B——+55.94%
Q2 FY20270.54——+39.50%2.58B——+42.52%
Q1 FY20271.17——-49.78%2.81B——-16.85%
Q4 FY20260.68——-24.44%2.06B——-13.88%
Q3 FY20260.370.42+14.38%-19.23%1.76B1.77B+0.31%-2.87%
Q2 FY20260.410.39-5.39%-13.33%1.76B1.81B+2.64%-29.24%
Q1 FY20262.082.33+12.02%+97.46%3.22B3.38B+5.08%+39.69%
Q4 FY20250.760.90+18.42%+30.43%2.13B2.39B+12.20%+32.06%
Q3 FY20250.360.52+43.81%+333.33%1.81B1.82B+0.71%+49.78%
Q2 FY20250.420.45+7.35%—1.76B2.56B+45.17%+187.00%

Analysts' estimates for FY2026 over the last 7 days:EPS Revenue How the estimates moved

EQT analyst forecast

12-month price target
66.75 USD
+26.40%

Analysts' 1-year price targets range from 54.00 to 75.00, with an average of 66.75.

Past year
1-year forecast
Strong sellStrong buy
Strong buy
18 ratings
Buy
15
Hold
3
Sell
0

12-month price target

Highest target75.00
Average target66.75
Lowest target54.00
Current price52.81

EQT valuation

Price to earnings ratio (TTM)
11.84
Forward P/E (FY2026)
14.12
Price to sales (TTM)
3.58
Price to book
1.30
EV / EBITDA (TTM)
5.75

Capital structure

Market capitalization
33.04B USD
+
Total debt
5.55B USD
−
Cash and short-term investments
78.72M USD
=
Enterprise value
38.51B USD

Valuation over time

P/EForward P/EForward P/E · EstimateEstimate
Fiscal yearP/EForward P/EP/SP/BEV/EBITDA
FY2028 (est.)10.64————
FY2027 (est.)15.5110.64———
FY2026 (est.)14.1215.51———
Now (TTM)11.8415.313.581.305.75
FY202516.1014.333.691.417.01
FY2024102.4727.494.501.1411.34
FY20238.4827.492.901.005.05
FY20227.066.531.031.123.95
FY2021-6.116.531.030.7129.31

EQT against its own history

Each figure in the latest fiscal year against the same figure from FY2021 to FY2025: the range, its median (the line) and the latest (the dot, green on the good side of the median). The P/E is today's against its daily readings of five years.

Its peers: Devon Energy, Diamondback Energy, Expand Energy, Texas Pacific Land, Permian Resources, and Occidental Petroleum, the US Oil & Gas Exploration & Production companies closest to it in size, each in its own latest fiscal year: their median (the line) and its rank among them, first being the best.

  • P/E (today)At its median11.8
    2.6129.5
  • Gross marginAbove its median48.9%
    14.7%66.4%
    Against its peers: 2 of 7Peers' median 34.5%
  • Operating marginAbove its median35.8%
    -19.9%45.6%
    Against its peers: 2 of 7Peers' median 25.7%
  • Net marginAbove its median22.5%
    -16.7%34.2%
    Against its peers: 2 of 7Peers' median 15.5%
  • Return on equityAt its median8.6%
    -11.5%15.9%
    Against its peers: 5 of 7Peers' median 9.4%
  • Free cash flow marginHighest in 5 years31.3%
    8.9%31.3%
    Against its peers: 3 of 7Peers' median 17.6%
  • Revenue growthAt its median73.7%
    -58.2%157.3%
    Against its peers: 2 of 7Peers' median 10.5%
  • EPS growthHighest in 5 years635.6%
    -89.3%635.6%
    Against its peers: 1 of 6Peers' median -11.7%
  • Debt to EBITDALowest in 5 years1.33×
    1.33×13.15×
    Against its peers: 5 of 7Peers' median 1.08×
  • Current ratioAt its median0.76
    0.441.08
    Against its peers: 6 of 7Peers' median 0.96

Peers: US companies of the same industry (of its sector when the industry has too few) from a tenth to ten times its market value, the six closest in size. Updated weekly.

EQT growth and profitability

Revenue (TTM)
9.23B USD
Net income (TTM)
2.79B USD
Gross margin
75.72%
Operating margin
42.30%
Net margin
30.23%

Revenue / Net income

Revenue Net income Net margin
PeriodRevenueGrowthNet incomeGrowthGross marginOperating marginNet marginEBITDAGrowth
FY20259.07B+73.74%2.04B+784.41%48.86%35.82%22.48%5.87B+103.77%
FY20245.22B+3.00%230.58M-86.71%14.69%13.12%4.42%2.88B-28.95%
FY20235.07B-58.24%1.74B-2.02%18.57%45.65%34.23%4.06B-4.59%
FY202212.14B+77.50%1.77B—66.38%22.39%14.59%4.25B+890.53%
FY20216.84B+157.26%-1.14B—43.80%-19.90%-16.71%429.09M-4.67%

EQT revenue breakdown

By product

FY2025
100.0%Oil Sales
SegmentRevenueShare of revenueChange on the year
Oil Sales7.73B100.0%+56.6%

How EQT makes its money

Revenue9.07B 100.0%
Cost of revenue4.64B 51.1%
Gross profit4.43B 48.9%
Selling and administration380.07M 4.2%
Other operating expenses803.84M 8.9%
Operating income3.25B 35.8%
Tax651.88M 7.2%
Other expense558.49M 6.2%
Net income2.04B 22.5%

FY2025, in USD. Each band is as wide as its money; the percentage is its share of revenue.

EQT dividends

Annual dividend
0.68 USD
Dividend yield (indicated)
1.29%
Payout ratio
14.91%
Years of dividend growth
4
Frequency
Quarterly
Next payment
0.17 USD
Last ex-dividend date
4 Nov 2026
Next payment date
1 Dec 2026

Dividends per share

Year2025202420232022202020192018201720162015
Dividends per share0.640.630.610.550.030.120.110.070.070.07

EQT financial health

Cash and short-term investments
78.72M USD
Total debt
5.55B USD
Net cash
-5.47B USD
Free cash flow (TTM)
3.80B USD
Current ratio
0.71
Debt to equity
0.22
Piotroski score
8 / 9
Altman Z-score
2.32

Cash, debt and free cash flow

Cash and short-term investments Total debt Free cash flow
Fiscal yearCash and short-term investmentsTotal debtFree cash flow
FY2025110.80M7.80B2.84B
FY2024202.09M9.37B573.26M
FY202380.98M5.84B1.16B
FY20221.46B5.71B2.07B
FY2021113.96M5.64B607.32M

EQT ownership

Institutions
94.99%
Institutional holders
1,184 (-60)
Free float
98.98%

Who owns the shares

Institutions 95.0% Others 5.0%
As of 30 Jun 2026

Shares free to trade

Free float 619.16M shares ·99.0% Closely held 6.39M shares ·1.0%

Closely held shares belong to insiders, founders and owners of more than 5%, and seldom change hands. The free float is the rest: the shares anyone can buy and sell.

Insider trading

QuarterPurchasesSalesShares acquiredShares disposed of
Q3 202600585.008.82K
Q2 2026043.70M123.41K
Q1 202605563.97K314.85K
Q4 2025021.02K58.92K

Shares outstanding

Basic shares Diluted shares Change in diluted shares
Fiscal yearBasic sharesDiluted sharesChange in diluted shares
FY2025624.54M615.72M+19.65%
FY2024509.60M514.59M+24.53%
FY2023380.90M413.22M+1.66%
FY2022370.05M406.50M+25.77%
FY2021323.20M323.20M+24.01%

Source: Financial Modeling Prep

Related Instruments

Title: EQT Corp

Sector: Energy
Industry: Oil & Gas Exploration & Production
EQT is an independent natural gas production company. It focuses its operations in the cores of the Marcellus and Utica shales, located in the Appalachian Basin in the Eastern United States. Its main customers include marketers, utilities,and industrial operators in the Appalachian Basin. The company has three reportable segments: production, gathering, and transmission, which is now an operated joint venture with Blackstone. All the firm's operating revenue is generated inthe US, with most revenue flowing from the Marcellus and through the sale of natural gas.

Common questions about EQT stock