EQT Corporation (EQT)
Return on equity (ROE)
| 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 stockholders’ equity | US$ in thousands | 20,597,600 | 20,334,800 | 15,117,800 | 15,164,200 | 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 |
| ROE | 1.12% | 1.55% | 4.61% | 4.09% | 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% |
December 31, 2024 calculation
ROE = Net income (ttm) ÷ Total stockholders’ equity
= $230,577K ÷ $20,597,600K
= 1.12%
EQT Corporation's return on equity (ROE) has shown a fluctuating trend over the past few years based on the provided data. The ROE was in negative territory from March 2020 to September 2022, indicating that the company was not efficiently utilizing its equity to generate profits during that period.
However, starting from the end of 2022, there was a significant improvement in the ROE, turning positive in March 2023 and continuing to increase steadily until the end of 2024. This positive trend suggests that EQT Corporation has been able to enhance its profitability relative to shareholders' equity during this period.
The notable increase in ROE from March 2023 to September 2023 indicates an improvement in the company's efficiency in generating profits with the available shareholder funds. The subsequent stability of ROE from September 2023 to December 2024 suggests a sustained level of profitability relative to equity.
Overall, EQT Corporation's ROE performance reflects a turnaround from negative to positive values, indicating potentially improved financial health and efficiency in utilizing shareholders' equity for generating returns as of December 2024. However, it would be essential to continue monitoring the ROE to assess the company's ongoing financial performance.
Peer comparison
Dec 31, 2024