EQT Corporation (EQT)

Gross profit margin

Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020 Dec 31, 2019
Gross profit US$ in thousands 4,284,660 4,694,920 547,352 670,978 1,207,380
Revenue US$ in thousands 6,908,920 7,497,690 3,064,660 3,058,840 4,416,480
Gross profit margin 62.02% 62.62% 17.86% 21.94% 27.34%

December 31, 2023 calculation

Gross profit margin = Gross profit ÷ Revenue
= $4,284,660K ÷ $6,908,920K
= 62.02%

The gross profit margin of EQT Corp has remained consistent at 100.00% for the past five years, indicating that the company has been able to effectively control its cost of goods sold relative to its revenue during this period. This high level of gross profit margin suggests that EQT Corp is efficiently managing its production costs and pricing strategies, potentially leading to strong profitability in its core operations. However, it is essential to note that an analysis of other financial ratios and factors is necessary to gain a comprehensive understanding of the company's overall financial performance and operational efficiency.


Peer comparison

Dec 31, 2023


See also:

EQT Corporation Gross Profit Margin