EQT Corporation

EQT Energy Oil & Gas E&P

EQT Corporation’s revenue for fiscal 2025 (year ended December 2025) was $8.6 billion, up 63.9% from fiscal 2024. In the quarter to June 2026, revenue fell 29.2%, EPS fell 74.1%, free cash flow fell 42.5% and total debt fell 32.0%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.

54.30 1.85 +3.53%
Market cap
$32.8B
P/E
12.5×
Fwd P/E
10.8×
Dividend yield
1.22%
F-score
8/9
Altman Z
1.95
Beneish M
−2.55
Dividend safety
78/100

EQT Corporation (EQT) Operating margin

Alert me on Operating margin

EQT Corporation's operating margin over the twelve months to 30 June 2026 was 42.5%, up 4.9 percentage points from fiscal 2025 (37.6%). Over the past ten years it has ranged from −61.1% (fiscal 2018) to 37.6% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas E&P industry median of 21.4% and above the Energy sector median of 14.5%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 37.6% 24.59
FY2024 13.0% (20.50)
FY2023 33.5% (2.75)
FY2022 36.3% 80.66
FY2021 −44.4% (15.72)
FY2020 −28.7% (2.60)
FY2019 −26.1% 34.97
FY2018 −61.1% (73.43)
FY2017 12.4% 66.80
FY2016 −54.4% (78.50)

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 21.8% (38.49)
Mar 2026 60.3% 17.71
Dec 2025 42.6% 11.75
Sep 2025 30.8% (13.54)
42 more quarters

Against its own ten years

Low −61.1% High 37.6%
Ten-year median 12.4%
Current reading's percentile 90

Operating margin against peers

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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