profit from every $100 of sales.

EQT
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $16.06 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What EQT sold, what it kept, and what it did with the cash.
Sales went from $12.1 billion in 2022 to $8.35 billion in 2025, with $2.04 billion of profit last year.
EQT handed back 14% of the cash it generated last year.
EQT vs. similar companies
EQT grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
EQT | 16.1× · Fair price | ||
Coterra Energy | 14.4× · Cheap | ||
Expand Energy | 11.1× · Cheap | ||
Permian Resources | 20.4× · Fair price | ||
Ovintiv | 14.0× · Cheap |
AI analysis
An AI analyst reads EQT's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,650 | 6,804 | 12,141 | 5,070 | 5,222 | 8,353 | |
| – | – | 8,059 | 942 | 767 | 3,832 | |
| – | – | 7,757 | 659 | 277 | 3,014 | |
| 399 | 397 | 4,250 | 4,055 | 2,881 | 6,017 | |
| -959 | -1,143 | 1,771 | 1,735 | 231 | 2,039 | |
| -3.68 | -3.54 | 4.38 | 4.22 | 0.45 | 3.31 | |
| – | – | 66.4% | 18.6% | 14.7% | 45.9% | |
| – | – | 63.9% | 13.0% | 5.3% | 36.1% | |
| -36.2% | -16.8% | 14.6% | 34.2% | 4.4% | 24.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 18,113 | 21,607 | 22,670 | 25,285 | 39,830 | 41,793 |
| Cash | 18 | 114 | 1,459 | 81 | 202 | 111 |
| Total debt | 4,925 | 5,591 | 5,714 | 5,841 | 9,366 | 7,858 |
| Total liabilities | 8,851 | 11,636 | 11,457 | 10,504 | 15,552 | 14,433 |
| 9,255 | 9,955 | 11,172 | 14,773 | 20,598 | 23,753 | |
| 261 | 323 | 406 | 413 | 515 | 616 | |
| -5.5% | -6.5% | 12.1% | 8.9% | 1.9% | 8.5% | |
| -10.4% | -11.5% | 15.9% | 11.7% | 1.1% | 8.6% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,538 | 1,662 | 3,466 | 3,179 | 2,827 | 5,126 | |
| 1,042 | 1,055 | 1,400 | 2,019 | 2,254 | 2,288 | |
| 495 | 607 | 2,065 | 1,160 | 573 | 2,838 | |
| Dividends paid | 8 | 0 | 204 | 228 | 327 | 390 |
| 0 | 13 | 409 | 201 | 0 | 0 | |
| 20 | 28 | 45 | 50 | 158 | 61 |
Valuation
- 16.1×
- 10.9×
- –
- 1.4×
- 3.9×
- 11.5×
- 6.7×
- 8.7%
- 6.2%
- 1.2%
Profitability
- 45.9%
- 36.1%
- 24.4%
- 74.1%
- 9.2%
- 3.8%
- 14.3%
- 8.0%
- 11.9%
- –
Growth
- +25.8%
- –
- +395.0%
- +84.3%
- +17.9%
Financial health
- 0.7×
- 0.23
- 13.7%
- 11.2×
- 0.66
- 0.66
- 0.24
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $41.11
- Range
- $23.00 – $55.00
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 21, 2026 | 2.33 | 2.08 | +12.0% |
| Feb 17, 2026 | 0.90 | 0.76 | +18.4% |
| Oct 21, 2025 | 0.52 | 0.36 | +43.8% |
| Jul 22, 2025 | 0.45 | 0.42 | +7.3% |
| Apr 22, 2025 | 1.18 | 1.03 | +14.6% |
| Feb 18, 2025 | 0.69 | 0.53 | +29.7% |
| Oct 29, 2024 | 0.12 | 0.08 | +58.4% |
| Jul 23, 2024 | -0.08 | -0.19 | +58.8% |
Paid per share, each year
$0.07 in 2015 → $0.64 in 2025
How safe it looks
19.1% of its profit
Room to growStretchedMore than it earns: 13.7%
News
Americold projects 2026 AFFO of $1.31-$1.33 as EQT JV cuts interest expense by nearly $50M annuallySeeking Alpha · Nov 5, 2026Key deals this week: INTC, EQT, DASH, GEV, and moreSeeking Alpha · Oct 31, 2026Qiagen agrees to €46.50/share all-cash takeover offer from EQTSeeking Alpha · Oct 22, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
3/7Passes 3 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about EQT
Is EQT a good stock to buy?
A strong, very profitable business at a fair price. 3 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the EQT AI analysis
What does EQT do?
EQT Corporation operates as a natural gas production company in the United States. The company produces natural gas, natural gas liquids (NGLs), including ethane, propane, isobutane, butane, and natural gasoline. It is in Oil & Gas Exploration & Production, based in Pittsburgh, PA, United States, with 1,523 employees.
Does EQT pay a dividend?
Yes. At today's price the dividend is 1.2% a year, about 19% of its yearly profit. In 2025 it paid out $390 million in dividends.
Is EQT stock halal?
Yes. EQT passes our halal screen: its business is permitted and its debt is 24% of its market value, under the 30% limit. How we check
How has EQT stock done over the past year?
Down 13.9% over the past twelve months, to $52.36. It traded between $48.56 and $67.93 and is 22.9% below its high.
Who are EQT's competitors?
The largest listed companies in the same industry are Coterra Energy, Expand Energy, Permian Resources and Ovintiv. The peers table on this page compares their profit, growth and price with EQT's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.



