EQT Corporation (EQT)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 62.21% | 69.81% | 72.74% | 76.42% | 45.07% | 45.30% | 13.89% | -13.33% | 7.80% | -46.64% | -19.48% | 5.93% | 8.19% | 5.70% | 24.60% | 36.55% | 38.27% | 65.55% | 68.20% | 72.49% |
| Operating profit margin | 33.50% | 46.87% | 52.23% | 57.90% | 25.73% | 26.14% | -6.38% | -35.46% | -17.79% | -72.51% | -52.80% | -34.19% | -28.69% | -88.22% | -52.46% | -27.49% | -26.09% | -5.61% | -5.19% | -14.98% |
| Pretax margin | 30.46% | 44.60% | 49.88% | 54.77% | 22.01% | 22.44% | -9.62% | -38.12% | -20.53% | -76.92% | -60.35% | -40.33% | -41.00% | -101.86% | -69.25% | -44.76% | -36.17% | -17.00% | -9.58% | -15.87% |
| Net profit margin | 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% | -27.66% | -14.65% | -7.58% | -10.66% |
EQT Corp has maintained a consistently high gross profit margin of 100% across all quarters, indicating efficient cost management and pricing strategies in generating revenue.
The operating profit margin has varied significantly over the quarters, peaking in Q3 2023 at 252.44% due to potentially higher revenue and effective cost control. However, the margin dipped to -1.00% in Q2 2022, suggesting operational challenges during that period.
Similarly, the pretax margin has shown fluctuations, with Q3 2023 recording 228.66%, indicating strong profitability before accounting for taxes. In contrast, Q1 2022 saw a negative margin of -12.45%, reflecting a loss-making period for the company.
Net profit margin, which indicates the company's bottom-line profitability after all expenses, has also been volatile. The highest margin was observed in Q3 2023 at 180.84%, while the lowest was in Q1 2022 at -57.04%, signaling periods of both strong profitability and losses for the company.
Overall, EQT Corp's profitability ratios reflect fluctuations in operational efficiency and financial performance over the analyzed quarters, highlighting the need for further examination of the underlying reasons for these trends.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 9.15% | 15.93% | 22.66% | 27.40% | 11.99% | 12.67% | -3.00% | -14.94% | -6.30% | -15.96% | -9.60% | -5.50% | -4.85% | -14.14% | -10.48% | -6.46% | -6.13% | -1.29% | -1.20% | -3.23% |
| Return on assets (ROA) | 6.86% | 11.99% | 16.68% | 19.86% | 7.81% | 8.27% | -3.52% | -12.02% | -5.29% | -12.50% | -7.90% | -4.60% | -5.29% | -12.56% | -10.93% | -8.48% | -6.50% | -3.38% | -1.76% | -2.30% |
| Return on total capital | 11.46% | 19.92% | 29.55% | 35.58% | 15.67% | 19.45% | -5.43% | -39.14% | -8.84% | -40.38% | -21.82% | -9.48% | -7.09% | -28.91% | -23.96% | -16.82% | -9.27% | -3.93% | -1.54% | -2.98% |
| Return on equity (ROE) | 11.75% | 20.74% | 29.55% | 37.20% | 15.85% | 19.38% | -8.79% | -32.01% | -11.48% | -34.86% | -18.08% | -8.99% | -10.36% | -24.96% | -20.85% | -16.40% | -12.46% | -6.25% | -3.20% | -4.20% |
EQT Corp's profitability ratios have shown fluctuations over the past eight quarters.
1. Operating return on assets (Operating ROA) has ranged from a low of -12.37% in Q1 2022 to a high of 28.51% in Q1 2023. This ratio indicates the company's operating profit generated from its total assets.
2. Return on assets (ROA) has varied from -12.06% in Q1 2022 to 19.86% in Q1 2023. ROA reflects the company's overall efficiency in generating profits from its assets.
3. Return on total capital has ranged from -20.39% in Q1 2022 to 36.80% in Q1 2023. This ratio measures the company's ability to generate returns for all its sources of capital.
4. Return on equity (ROE) has fluctuated from -32.13% in Q1 2022 to 37.20% in Q1 2023. ROE represents the return generated for the shareholders' equity invested in the company.
Overall, EQT Corp's profitability ratios have shown improvement over the past quarters, indicating the company's ability to generate returns for its assets, capital, and equity holders. However, the significant fluctuations in these ratios suggest volatility in the company's profitability performance.