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.
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EQT Corporation (EQT) P/B ratio
As of 16 October 2026, EQT Corporation (EQT) trades at a P/B ratio of 1.2×. Over the past ten years it has ranged from 0.1× (February 2020) to 2.3× (June 2022); the current reading is higher than 80% of that period. That is below the Oil & Gas E&P industry median of 1.3× and below the Energy sector median of 1.6×.
P/B ratio, daily
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Annual newest first
| Period | P/B ratio | Change |
|---|---|---|
| FY2025 | 1.2× | 23.80% |
| FY2024 | 1.0× | (3.51%) |
| FY2023 | 1.0× | (4.49%) |
| FY2022 | 1.1× | 27.01% |
| FY2021 | 0.8× | 121.42% |
| FY2020 | 0.4× | 31.62% |
| FY2019 | 0.3× | (36.93%) |
| FY2018 | 0.4× | 38.53% |
| FY2017 | 0.3× | (49.16%) |
| FY2016 | 0.6× | 18.56% |
Quarterly newest first
| Period | P/B ratio | Change |
|---|---|---|
| Jun 2026 | 1.2× | (16.56%) |
| Mar 2026 | 1.4× | 15.35% |
| Dec 2025 | 1.2× | (5.58%) |
| Sep 2025 | 1.3× | (8.87%) |
| 42 more quarters | Free account |
Against its own ten years
P/B ratio against peers
| Company | P/B ratio |
|---|---|
| WDS Woodside Energy Group Ltd compare | n/m |
| DVN Devon Energy Corporation compare | 1.1× |
| EXE Expand Energy Corporation compare | 1.1× |
| EQT EQT Corporation | 1.2× |
| FANG Diamondback Energy, Inc. compare | 1.3× |
| PR Permian Resources Corporation compare | 1.7× |
| OXY Occidental Petroleum Corporation compare | 1.8× |
| APA APA Corporation compare | 2.2× |
| TPL Texas Pacific Land Corporation compare | 14.5× |
| Oil & Gas E&P industry median | 1.3× |
| Energy sector median | 1.6× |
| Market median | 1.7× |
What P/B ratio is
Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.
Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))
More on EQT
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement