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EQT Corporation EQT Upstream — Depreciation, depletion and amortization

Other segment segments

Gathering
$55.82M+12.9%
Transmission
$25M+7.7%

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$23.35B+7.8%
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$31.19M+17.4%

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

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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:DepreciationDepletionAndAmortization.

The official record: EQT Corporation’s 10-Q, filed April 22, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is EQT Corporation's upstream — depreciation, depletion and amortization?
EQT Corporation (EQT) reported upstream — depreciation, depletion and amortization of $567.71M in Q1 2026.
How has EQT Corporation's upstream — depreciation, depletion and amortization changed year-over-year?
EQT Corporation's upstream — depreciation, depletion and amortization increased by 4.5% year-over-year, from $543.49M to $567.71M.
What does upstream — depreciation, depletion and amortization mean?
The non-cash expense representing the systematic allocation of the cost of oil and gas properties and equipment over their useful lives. This reflects the consumption of the company's capital assets as reserves are depleted. It is a critical non-cash charge for capital-intensive energy firms.