EQT Corporation (EQT)

Return on assets (ROA)

		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
Total assets	US$ in thousands	39,830,300	39,945,600	24,706,500	25,438,300	25,285,100	24,555,000	21,273,500	22,690,500	22,669,900	22,541,100	22,621,700	21,814,600	21,607,400	23,011,700	18,985,300	18,039,400	18,113,500	17,574,700	18,008,900	18,634,500
ROA		0.58%	0.79%	2.82%	2.44%	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%

December 31, 2024 calculation

ROA = Net income (ttm) ÷ Total assets
= $230,577K ÷ $39,830,300K
= 0.58%

The return on assets (ROA) for EQT Corporation shows fluctuations over the period analyzed. From March 31, 2020, to December 31, 2021, the ROA remained consistently negative, indicating the company was not effectively utilizing its assets to generate profits during that time. However, starting from March 31, 2022, there was a significant improvement in ROA, moving from negative values to positive figures. This positive trend continued through the rest of 2022 and into 2023, with ROA peaking at 19.86% on March 31, 2023. Despite some fluctuations thereafter, the ROA remained generally positive through December 31, 2024, with values ranging from 0.58% to 19.86%.

The improvement in ROA from 2022 onwards suggests that the company may have implemented strategies to enhance asset efficiency and profitability. The positive ROA values indicate that EQT Corporation is generating a reasonable level of profit relative to its total assets, demonstrating better financial performance and asset utilization during this period. Continued monitoring of ROA trends will be essential to assess the company's ongoing operational efficiency and profitability levels.