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EQT Corporation EQT Gross margin

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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$31.98B+24.5%
Enterprise value$37.65B+13.4%
P/E9.7×-59.9×
P/S3.1×-1.5×

Profitability

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Operating margin46.6%+28.7pp
Net margin31.9%+25.3pp

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

Calculated from EQT Corporation’s reported figures.

Based on trailing twelve months.

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 gross margin?
EQT Corporation (EQT) reported gross margin of 84.9% in Q1 2026.
How has EQT Corporation's gross margin changed year-over-year?
EQT Corporation's gross margin increased by 23.4% year-over-year, from 68.8% to 84.9%.
What is the long-term trend for EQT Corporation's gross margin?
Over 4 years (2021 to 2025), EQT Corporation's gross margin has grown at a 12.6% compound annual growth rate (CAGR), from -192.3% to 309.5%.
What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.