What does gathering — property, plant and equipment, net mean?

This reflects the net book value of the gathering segment's physical infrastructure, including pipelines, compression stations, and related facilities. It is calculated as the gross cost of these assets minus accumulated depreciation and impairment charges.

EQT Corporation EQT Gathering — Property, Plant and Equipment, Net

Similar metrics at other companies

HES

HESMGathering — Property Plant And Equipment Gross Period Increase Decrease

$5.8M-87.8%

HES

HESMGathering — Total Assets

$2.39B+3.1%

MDUNatural gas distribution — Property, Plant and Equipment, Gross

$4B+7.3%

OIIOffshore Projects Group — Property, Plant and Equipment, Net

$140.61M+9.9%

NBBuilding — PP&E (Net)

$32K+6.7%

HES

HESMGathering — Depreciation

$37.7M+16.4%

Other financials

Income statement

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Revenue$3.4B+94.2%

Gross profit$3.0B+119%

Operating income$2.0B+310%

Net income$1.5B+514%

EPS (diluted)$2.36+490%

Balance sheet

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Cash & equivalents$326.6M+15.9%

Total debt$6.0B-28.6%

Total equity$25.1B+21.2%

Total assets$41.7B+5.0%

Cash flow

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Operating cash flow$3.1B+75.5%

CapEx$598.5M+19.8%

Free cash flow$2.5B+97.9%

Valuation

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Market cap$32.96B-8.7%

Enterprise value$38.63B-12.0%

P/E10×-21.5×

P/S3.2×-1.8×

Profitability

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Gross margin84.9%+16.1pp

Operating margin46.6%+28.7pp

Net margin31.9%+25.3pp

FCF margin39.4%—

Returns & leverage

See full

Return on equity14.3%+12.3pp

Debt / equity0.2×-0.2×

Current ratio0.7×+0.1×

Where this comes from

Reported directly by EQT Corporation in its filing.

Tagged under the XBRL concept us-gaap:PropertyPlantAndEquipmentNet.

The official record: EQT Corporation’s 10-K, filed February 18, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EQT Corporation's gathering — property, plant and equipment, net?: EQT Corporation (EQT) reported gathering — property, plant and equipment, net of $8.34B in Q4 2025.
What does gathering — property, plant and equipment, net mean?: This reflects the net book value of the gathering segment's physical infrastructure, including pipelines, compression stations, and related facilities. It is calculated as the gross cost of these assets minus accumulated depreciation and impairment charges.