EQT Corporation (EQT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | 230,577 | 1,735,230 | 1,770,960 | -1,142,750 | -958,799 |
| Revenue | US$ in thousands | 5,273,310 | 6,908,920 | 7,497,690 | 3,064,660 | 3,058,840 |
| Net profit margin | 4.37% | 25.12% | 23.62% | -37.29% | -31.35% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $230,577K ÷ $5,273,310K
= 4.37%
The net profit margin of EQT Corporation has exhibited significant fluctuations over the past five years. In December 2020 and 2021, the company experienced negative net profit margins of -31.35% and -37.29% respectively, indicating that expenses exceeded revenues during these periods. However, there was a notable turnaround in December 2022 and 2023, with net profit margins reaching 23.62% and 25.12% respectively, showcasing an improved profitability as revenues outpaced expenses. By the end of December 2024, the net profit margin decreased to 4.37%, suggesting a slight decline in profitability compared to the previous year. It is important for EQT Corporation to continue monitoring and managing its expenses effectively in order to sustain and enhance its profitability in the future.
Peer comparison
Dec 31, 2024