Stocktoria

EQT Corp EQT

NYSE · stock · Crude Petroleum & Natural Gas · website · IPO 1950-06-05 · LEI

EQT Corp statistics & valuation

Market cap$33.0B
P / E16.2×
P / S3.8×
P / B1.2×
P / FCF11.6×
Dividend yield1.18%
Net margin23.6%
Return on equity7.5%
FCF margin32.8%
Net debt$7.7B
Net debt / EBITDA1.3×
Enterprise value USD$40.7B
EV / EBITDA6.9×
Earnings yield EBIT/EV8%
Return on capital8.3%
Graham number +6.4%$57.53

Market cap as of 2026-06-29. Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value ($57.53); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
-32.70% 48.80% -47.70% -27.70% -31.30% -16.80% 14.60% 25.10% 4.40% 23.60% 2016201720182019202020212022202320242025
Gross margin (%)
2016201720182019202020212022202320242025
Operating margin (%)
-54.40% 12.40% -59.10% -26.10% -28.70% -20.00% 22.40% 33.50% 13.00% 37.60% 2016201720182019202020212022202320242025
Return on equity (%)
-5.00% 8.20% -20.50% -12.50% -10.40% -11.50% 15.80% 11.70% 0.90% 7.50% 2016201720182019202020212022202320242025
Shares outstanding
167.0M 187.7M 260.9M 255.1M 260.6M 323.2M 406.5M 413.2M 514.6M 615.7M 2016201720182019202020212022202320242025
Net debt ($)
$2.19B $4.68B $4.69B $5.29B $4.91B $5.48B $4.22B $5.71B $9.12B $7.69B 2016201720182019202020212022202320242025
Share buybacks ($)
2016201720182019202020212022202320242025
Return on assets (%)
-2.90% 5.10% -10.80% -6.50% -5.30% -5.30% 7.80% 6.90% 0.60% 4.90% 2016201720182019202020212022202320242025
Free cash flow margin (%)
8.80% 2.50% -0.50% 5.60% 16.20% 8.90% 17.00% 16.80% 10.90% 32.80% 2016201720182019202020212022202320242025
Debt / equity (×)
0.36× 0.26× 0.43× 0.54× 0.53× 0.56× 0.51× 0.39× 0.38× 0.29× 2016201720182019202020212022202320242025
EPS ($)
-$2.71 $8.04 -$8.60 -$4.79 -$3.68 -$3.54 $4.38 $4.22 $0.45 $3.31 2016201720182019202020212022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

EQT Corp trades at about 16.3× earnings — near its 10-year norm (10-year range 3.7×–113.6×, median 17.4×).

3.7× 113.6×

Shaded band = 10-year range (3.7×–113.6×); dot = today's 16.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017FY2016
Operating margin37.6%13.0%33.5%22.4%-20.0%-28.7%-26.1%-59.1%12.4%-54.4%
Net margin23.6%4.4%25.1%14.6%-16.8%-31.3%-27.7%-47.7%48.8%-32.7%
FCF margin32.8%10.9%16.8%17.0%8.9%16.2%5.6%-0.5%2.5%8.8%
Return on assets4.9%0.6%6.9%7.8%-5.3%-5.3%-6.5%-10.8%5.1%-2.9%
Return on equity7.5%0.9%11.7%15.8%-11.5%-10.4%-12.5%-20.5%8.2%-5.0%
Debt / equity0.29×0.38×0.39×0.51×0.56×0.53×0.54×0.43×0.26×0.36×
Current ratio0.760.700.991.080.440.691.300.840.942.27

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.