📊 EQT Key Takeaways
Is EQT Corp (EQT) a Good Investment?
EQT demonstrates exceptional operational fundamentals with 63.9% YoY revenue growth, industry-leading 44% net margins, and extraordinary free cash flow generation (72.7% FCF margin) on $2.5B. Conservative leverage (0.24x debt/equity) and excellent interest coverage (37.4x) provide financial stability despite commodity industry cyclicality.
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 with strong operating leverage
- Outstanding profitability margins: 44% net margin and 60.3% operating margin
- Exceptional free cash flow generation of $2.5B with 72.7% FCF margin
- Conservative capital structure with 0.24x debt-to-equity ratio
- Excellent debt service capacity with 37.4x interest coverage ratio
- Strong operating cash flow of $3.1B demonstrates cash conversion quality
- 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 0.66x indicates potential near-term liquidity constraints requiring monitoring
- Significant disconnect between revenue growth (+63.9%) and net income growth (0%) raises profitability sustainability questions
- Low return ratios (ROE 5.9%, ROA 3.6%) despite high margins suggest capital inefficiency in commodity business
- Exposure to commodity price cyclicality in crude oil and natural gas markets
- Elevated insider trading activity (57 Form 4 filings in 90 days) creates uncertainty about insider confidence
- 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
- Net income growth trajectory relative to revenue growth in subsequent quarters
- Current ratio trends and working capital management as revenue normalizes
- Free cash flow consistency and capital allocation decisions (dividends, buybacks, debt reduction)
- Realized commodity prices and margin stability under different price scenarios
- 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 72.7% 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
| Date | Form | Document | Action |
|---|---|---|---|
| Apr 29, 2026 | 4 | xslF345X06/form4-04292026_040401.xml | View → |
| Apr 28, 2026 | 4 | xslF345X06/form4-04282026_080426.xml | View → |
| Apr 28, 2026 | 4 | xslF345X06/form4-04282026_080401.xml | View → |
| Apr 28, 2026 | 4 | xslF345X06/form4-04282026_080435.xml | View → |
| Apr 28, 2026 | 4 | xslF345X06/form4-04282026_080400.xml | View → |
❓ 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 with strong operating leverage. Outstanding profitability margins: 44% net margin and 60.3% operating margin. 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 0.66x indicates potential near-term liquidity constraints requiring monitoring. Significant disconnect between revenue growth (+63.9%) and net income growth (0%) raises profitability sustainability questions. 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 $3.4B.
Does EQT pay dividends?
EQT Corp pays dividends, with $103.1M 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 $2.36.
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 May 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 5.9% (sector avg: 14%), net margin of 44.0% (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 $3.1B, with capital expenditures of $598.5M. FCF margin is 72.7%.
How does EQT compare to other Energy stocks?
Vs Energy sector averages: Net margin 44.0% (avg: 12%), ROE 5.9% (avg: 14%), current ratio 0.66 (avg: 1.3).