GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Cyclically Adjusted Revenue per Share

EQT (EQT) Cyclically Adjusted Revenue per Share : $18.29 (As of Mar. 2024)


View and export this data going back to 1950. Start your Free Trial

What is EQT Cyclically Adjusted Revenue per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

EQT's adjusted revenue per share for the three months ended in Mar. 2024 was $2.935. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is $18.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, EQT's average Cyclically Adjusted Revenue Growth Rate was -2.30% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 11.00% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was -34.40% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was -35.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of EQT was 208.50% per year. The lowest was -68.30% per year. And the median was 3.50% per year.

As of today (2024-04-27), EQT's current stock price is $40.61. EQT's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $18.29. EQT's Cyclically Adjusted PS Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of EQT was 2.97. The lowest was 0.04. And the median was 0.13.


EQT Cyclically Adjusted Revenue per Share Historical Data

The historical data trend for EQT's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

EQT Cyclically Adjusted Revenue per Share Chart

EQT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.51 13.58 15.53 18.31 18.57

EQT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.73 18.76 18.75 18.57 18.29

Competitive Comparison of EQT's Cyclically Adjusted Revenue per Share

For the Oil & Gas E&P subindustry, EQT's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


EQT's Cyclically Adjusted PS Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EQT's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where EQT's Cyclically Adjusted PS Ratio falls into.



EQT Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, EQT's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.935/129.4194*129.4194
=2.935

Current CPI (Mar. 2024) = 129.4194.

EQT Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.505 100.560 4.511
201409 3.787 100.428 4.880
201412 3.971 99.070 5.188
201503 4.394 99.621 5.708
201506 2.848 100.684 3.661
201509 2.765 100.392 3.564
201512 2.783 99.792 3.609
201603 2.774 100.470 3.573
201606 2.172 101.688 2.764
201609 2.681 101.861 3.406
201612 2.173 101.863 2.761
201703 4.342 102.862 5.463
201706 3.701 103.349 4.635
201709 3.592 104.136 4.464
201712 2.960 104.011 3.683
201803 4.717 105.290 5.798
201806 3.789 106.317 4.612
201809 4.057 106.507 4.930
201812 5.599 105.998 6.836
201903 4.996 107.251 6.029
201906 3.537 108.070 4.236
201909 3.022 108.329 3.610
201912 3.332 108.420 3.977
202003 2.809 108.902 3.338
202006 1.959 108.767 2.331
202009 2.345 109.815 2.764
202012 3.048 109.897 3.589
202103 4.084 111.754 4.730
202106 3.888 114.631 4.390
202109 5.024 115.734 5.618
202112 7.471 117.630 8.220
202203 6.678 121.301 7.125
202206 8.280 125.017 8.572
202209 9.153 125.227 9.459
202212 5.199 125.222 5.373
202303 4.662 127.348 4.738
202306 2.360 128.729 2.373
202309 2.422 129.860 2.414
202312 3.065 129.419 3.065
202403 2.935 129.419 2.935

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.


EQT  (NYSE:EQT) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

EQT's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=40.61/18.29
=2.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of EQT was 2.97. The lowest was 0.04. And the median was 0.13.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


EQT Cyclically Adjusted Revenue per Share Related Terms

Thank you for viewing the detailed overview of EQT's Cyclically Adjusted Revenue per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


EQT (EQT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Cyclically Adjusted Revenue per Share
Traded in Other Exchanges
Address
625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222
EQT Corp is an independent natural gas production company with operations focused in the cores of the Marcellus and Utica shales in the Appalachian Basin, located in the Eastern United States. The firm focuses on executing combo-development projects for developing multiwell pads to meet supply needs, with a focus on maximizing operational efficiency, technology, and sustainability. Its main customers include marketers, utilities, and industrial operators in the Appalachian Basin. The company has one reportable segment and its revenue stems from three types of gas reserves: natural gas, natural gas liquids, and crude oil. All of the firm's operating revenue is generated in the U.S., with most revenue flowing from the Marcellus Shale field and through the sale of natural gas.
Executives
Qem Vi, Llc 10 percent owner 800 CAPITAL STREET, SUITE 3600, HOUSTON TX 77002
Q-xcl Holdings I (vi) Investment Partners, Llc 10 percent owner 800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Q-th Appalachia (vi) Investment Partners, Llc 10 percent owner 800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Vanloh S Wil Jr 10 percent owner 1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
U.s. Bank Trust Company, National Association 10 percent owner 111 SW FIFTH AVENUE, PORTLAND OR 97204
Jeremy Knop officer: CHIEF FINANCIAL OFFICER 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Todd James officer: Chief Accounting Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Lesley Evancho officer: Chief Human Resources Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
William E. Jordan officer: EVP and General Counsel 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Kathryn Jean Jackson director 121 SW SALMON STREET, PORTLAND OR 97204
Frank C. Hu director 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
David M. Khani officer: Chief Financial Officer 625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Toby Z. Rice director, officer: President & CEO 400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Lydia I Beebe director 13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Kyle Derham officer: Interim Chf Financial Officer 625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222

EQT (EQT) Headlines

From GuruFocus

Q3 2023 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q4 2018 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2021 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2019 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2019 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2019 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q2 2020 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

1Q1 2022 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q1 2023 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024

Q3 2020 EQT Corp Earnings Call Transcript

By GuruFocus Research 01-22-2024