EQT Corporation (EQT)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	230,577	314,237	696,315	620,172	1,735,234	2,945,159	3,547,574	4,505,561	1,770,961	1,863,731	-796,749	-2,621,370	-1,142,747	-2,875,442	-1,499,272	-829,087	-958,799	-2,207,774	-1,968,162	-1,579,521
Revenue (ttm)	US$ in thousands	5,273,312	5,691,582	5,593,882	5,660,120	6,908,920	8,345,750	9,229,110	10,737,870	10,563,420	10,923,280	10,637,870	9,188,260	7,651,563	5,064,453	3,452,530	2,901,704	3,058,841	2,817,741	3,597,190	4,380,366
Net profit margin		4.37%	5.52%	12.45%	10.96%	25.12%	35.29%	38.44%	41.96%	16.77%	17.06%	-7.49%	-28.53%	-14.93%	-56.78%	-43.43%	-28.57%	-31.35%	-78.35%	-54.71%	-36.06%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $230,577K ÷ $5,273,312K
= 4.37%

The net profit margin of EQT Corporation has shown significant fluctuations over the period from March 31, 2020, to December 31, 2024. Initially, the company experienced negative net profit margins, with the lowest point recorded at -78.35% on September 30, 2020. This indicates that the company's expenses exceeded its revenues during this period.

However, there was a gradual improvement in profitability starting from the end of 2021, with the net profit margin moving into positive territory by September 30, 2022. The company continued to strengthen its profitability, reaching a peak net profit margin of 41.96% on March 31, 2023.

Subsequently, the net profit margin showed some fluctuations but generally remained positive, indicating that EQT Corporation was able to effectively control costs and increase revenue generation. As of December 31, 2024, the net profit margin stood at 4.37%, reflecting a decent level of profitability for the company.

Overall, the trend in EQT Corporation's net profit margin demonstrates a turnaround from losses to profits, showcasing the company's ability to enhance operational efficiency and drive sustainable growth in its bottom line.