EQT Corporation (EQT)
Return on equity (ROE)
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 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 | -1,221,691 | -681,458 | -360,123 | -467,883 |
| Total stockholders’ equity | US$ in thousands | 14,773,200 | 14,201,300 | 12,005,800 | 12,112,100 | 11,172,500 | 9,618,960 | 9,061,190 | 8,188,670 | 9,954,760 | 8,248,460 | 8,291,760 | 9,219,640 | 9,255,240 | 8,845,810 | 9,438,830 | 9,633,880 | 9,803,590 | 10,897,600 | 11,248,500 | 11,139,600 |
| 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% |
December 31, 2023 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $1,735,234K ÷ $14,773,200K
= 11.75%
The Return on Equity (ROE) for EQT Corp has fluctuated over the past eight quarters. In Q1 2022, the ROE was significantly negative at -32.13%, indicating poor performance in generating profits relative to shareholders' equity. This negative ROE improved in Q2 2022, but remained subpar at -8.87%.
The trend reversed in Q3 2022, with a significant improvement to 19.34%, indicating a better ability to generate profits from shareholders' equity. This positive momentum continued into Q4 2022, with an ROE of 15.85%.
In 2023, EQT Corp's ROE continued to improve, reaching 37.20% in Q1, representing the highest ROE in the dataset. However, in subsequent quarters, the ROE decreased to 29.55% in Q2 and further to 20.74% in Q3 before settling at 11.75% in Q4.
Overall, EQT Corp's ROE has exhibited variability over the quarters, with a mix of positive and negative performances. The company appears to have experienced challenges in consistently generating profits relative to shareholders' equity, as highlighted by the fluctuations in the ROE values..djangoproject
Peer comparison
Dec 31, 2023