📊 EQT Key Takeaways
Is EQT Corp (EQT) a Good Investment?
EQT demonstrates strong operational performance with robust revenue growth of 63.9% YoY and exceptional profitability metrics (37.6% operating margin, 23.6% net margin). The company generates substantial free cash flow of $2.8B with a healthy 32.8% FCF margin, supported by conservative debt management (0.33x debt-to-equity) and exceptional interest coverage of 59.8x, indicating strong financial stability.
EQT shows strong underlying fundamentals with exceptional revenue growth, high operating and free cash flow margins, and very strong interest coverage, indicating a resilient operating model and solid debt service capacity. The balance sheet is not overleveraged, but flat net income, modest returns on equity/assets, and weak short-term liquidity temper the outlook and keep this from the highest conviction tier.
Why Buy EQT Corp Stock? EQT Key Strengths
- Exceptional revenue growth of 63.9% YoY demonstrates strong market demand and operational scaling
- High operating margin of 37.6% and net margin of 23.6% reflect efficient cost management and pricing power
- Strong free cash flow generation of $2.8B with 32.8% FCF margin provides capital flexibility for dividends and debt reduction
- Conservative leverage with 0.33x debt-to-equity ratio and 59.8x interest coverage ensures financial resilience
- Significant improvement in EPS with 635.6% growth indicates effective earnings power and capital returns
- Revenue grew 63.9% year over year while operating margin remained strong at 37.6%
- Free cash flow generation is robust at $2.84B with a 32.8% FCF margin
- Leverage appears manageable with 0.33x debt-to-equity and 59.8x interest coverage
EQT Stock Risks: EQT Corp Investment Risks
- Current ratio of 0.76x below 1.0x suggests potential near-term liquidity constraints that warrant monitoring
- Heavy reliance on commodity markets (crude petroleum and natural gas) exposes earnings to volatile price fluctuations
- Low ROE of 8.6% and ROA of 4.9% indicate modest returns on deployed capital despite strong absolute profits
- Capital intensity with $2.3B annual capex may limit financial flexibility during commodity price downturns
- Concentrated business exposure in cyclical energy sector presents macroeconomic and energy transition risks
- Current and quick ratios of 0.76x indicate weak near-term liquidity
- Net income was flat year over year despite large revenue growth, suggesting earnings conversion risk
- ROE of 8.6% and ROA of 4.9% are only moderate relative to the size of the asset base
Key Metrics to Watch
- Free cash flow sustainability and trends in capital expenditure relative to cash generation
- Debt levels and leverage ratios amid energy market volatility
- Revenue and operating margin progression as commodity price cycles evolve
- Current ratio and working capital management to ensure adequate liquidity buffer
- Return on equity improvement initiatives and capital allocation decisions
- Free cash flow sustainability after capital expenditures
- Net income and margin progression relative to revenue growth
EQT Corp (EQT) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 32.8% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
EQT Profit Margin, ROE & Profitability Analysis
EQT vs Energy Sector: How EQT Corp Compares
How EQT Corp compares to Energy sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is EQT Corp Stock Overvalued? EQT Valuation Analysis 2026
Based on fundamental analysis, EQT Corp has mixed fundamental signals relative to the Energy sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
EQT Corp Balance Sheet: EQT Debt, Cash & Liquidity
EQT Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: EQT Corp's revenue has grown significantly by 157% over the 5-year period, indicating strong business expansion. The most recent EPS of $4.22 reflects profitable operations.
EQT Revenue Growth, EPS Growth & YoY Performance
EQT Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q2 2024 | $848.3M | $9.5M | $0.02 |
| Q1 2024 | $1.3B | $103.5M | $0.23 |
| Q3 2023 | $1.0B | $59.0M | $0.16 |
| Q2 2023 | $848.3M | -$66.6M | $-0.18 |
| Q1 2023 | $1.8B | $1.2B | $3.10 |
| Q3 2022 | $1.8B | $59.0M | $0.16 |
| Q2 2022 | $1.1B | -$624.7M | $-1.68 |
| Q1 2022 | $1.1B | -$37.4M | $-0.13 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
EQT Corp Dividends, Buybacks & Capital Allocation
EQT SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for EQT Corp (CIK: 0000033213)
📋 Recent SEC Filings
❓ Frequently Asked Questions about EQT
What is the AI rating for EQT?
EQT Corp (EQT) has a Combined AI Rating of BUY from Claude (BUY) and ChatGPT (BUY) with 78% combined confidence, based on fundamental analysis of SEC EDGAR filings.
What are EQT's key strengths?
Claude: Exceptional revenue growth of 63.9% YoY demonstrates strong market demand and operational scaling. High operating margin of 37.6% and net margin of 23.6% reflect efficient cost management and pricing power. ChatGPT: Revenue grew 63.9% year over year while operating margin remained strong at 37.6%. Free cash flow generation is robust at $2.84B with a 32.8% FCF margin.
What are the risks of investing in EQT?
Claude: Current ratio of 0.76x below 1.0x suggests potential near-term liquidity constraints that warrant monitoring. Heavy reliance on commodity markets (crude petroleum and natural gas) exposes earnings to volatile price fluctuations. ChatGPT: Current and quick ratios of 0.76x indicate weak near-term liquidity. Net income was flat year over year despite large revenue growth, suggesting earnings conversion risk.
What is EQT's revenue and growth?
EQT Corp reported revenue of $8.6B.
Does EQT pay dividends?
EQT Corp pays dividends, with $389.6M distributed to shareholders in the trailing twelve months.
Where can I find EQT SEC filings?
Official SEC filings for EQT Corp (CIK: 0000033213) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is EQT's EPS?
EQT Corp has a diluted EPS of $3.31.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is EQT a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, EQT Corp has a BUY rating with 78% confidence. The AI analysis suggests favorable fundamentals based on SEC filings. This is not investment advice.
Is EQT stock overvalued or undervalued?
Valuation metrics for EQT: ROE of 8.6% (sector avg: 14%), net margin of 23.6% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.
Should I buy EQT stock in 2026?
Our dual AI analysis gives EQT Corp a combined BUY rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.
What is EQT's free cash flow?
EQT Corp's operating cash flow is $5.1B, with capital expenditures of $2.3B. FCF margin is 32.8%.
How does EQT compare to other Energy stocks?
Vs Energy sector averages: Net margin 23.6% (avg: 12%), ROE 8.6% (avg: 14%), current ratio 0.76 (avg: 1.3).