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

Other segment segments

Gathering
$8.68B+7.6%
Transmission
$2.75B+3.2%

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$200.82B+55.6%
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CVXUpstream — Properties, plant and equipment, at cost
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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: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 upstream — property, plant and equipment, net?
EQT Corporation (EQT) reported upstream — property, plant and equipment, net of $22.47B in Q4 2025.
What does upstream — property, plant and equipment, net mean?
This metric represents the total net book value of all property, plant, and equipment assets assigned to the upstream segment after deducting accumulated depreciation and depletion. It serves as the primary measure of the capital investment tied up in the company's exploration and production operations. This figure is a key indicator of the scale and asset intensity of the upstream business unit.