# EQT Corporation (EQT)

**Exchange:** NYSE  
**Sector:** Energy  
**Market cap:** $32.17B  
**Price:** $52.61 (-0.15%)

> EQT Corporation is a natural gas production company operating in the United States. It focuses on the exploration, development, production, gathering, and transmission of natural gas, natural gas liquids, and crude oil, primarily in the Appalachian Basin. As America's only large-scale, vertically integrated natural gas producer, EQT Corporation manages the full lifecycle from extraction to delivery, producing a significant portion of the country's natural gas output. The company sells its natural gas and related products to utilities, power generators, industrial customers, and marketers, contributing to affordable, reliable, and clean energy supplies. Its operations emphasize efficiency in hydrocarbon resource management across key production segments. Founded in 1888 and headquartered in Pittsburgh, Pennsylvania, EQT Corporation plays a vital role in the U.S. energy sector by providing essential natural gas resources that support residential, commercial, and industrial demands nationwide.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $8.35B | $3.83B | $3.01B | $2.33B | $3.31 |
| 2024 | $5.22B | $767M | $277M | $242M | $0.45 |
| 2023 | $5.07B | $3.08B | $659M | $1.73B | $4.22 |
| 2022 | $12.14B | $10.17B | $7.76B | $1.78B | $4.38 |
| 2021 | $6.84B | $4.94B | $2.76B | -$1.14B | $-3.58 |
| 2020 | $2.66B | $1.08B | -$819M | -$959M | $-3.71 |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $41.79B | $14.43B | $27.36B | $111M | $7.29B |
| 2024 | $39.83B | $15.55B | $24.28B | $202M | $9.00B |
| 2023 | $25.29B | $10.50B | $14.78B | $81M | $5.50B |
| 2022 | $22.67B | $11.46B | $11.21B | $1.46B | $5.26B |
| 2021 | $21.61B | $11.64B | $9.97B | $114M | $4.53B |
| 2020 | $18.11B | $8.85B | $9.26B | $18M | $4.77B |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $5.30B | — | $2.84B |
| 2024 | $3.49B | — | $573M |
| 2023 | $4.88B | — | $1.16B |
| 2022 | -$1.75B | — | $2.07B |
| 2021 | -$2.36B | — | $607M |
| 2020 | $1.34B | — | $495M |

Source: [CompaniesByCap](https://companiesbycap.com/company/EQT)