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EQT (LTS:0IDU) Net Margin % : 7.93% (As of Mar. 2024)


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What is EQT Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. EQT's Net Income for the three months ended in Mar. 2024 was $103 Mil. EQT's Revenue for the three months ended in Mar. 2024 was $1,306 Mil. Therefore, EQT's net margin for the quarter that ended in Mar. 2024 was 7.93%.

The historical rank and industry rank for EQT's Net Margin % or its related term are showing as below:

LTS:0IDU' s Net Margin % Range Over the Past 10 Years
Min: -47.39   Med: -6.18   Max: 55.85
Current: 13.66


LTS:0IDU's Net Margin % is ranked better than
69.94% of 978 companies
in the Oil & Gas industry
Industry Median: 4.08 vs LTS:0IDU: 13.66

EQT Net Margin % Historical Data

The historical data trend for EQT's Net Margin % 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 Net Margin % Chart

EQT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.15 -36.06 -16.71 14.59 34.23

EQT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 66.36 -7.80 8.06 36.61 7.93

Competitive Comparison of EQT's Net Margin %

For the Oil & Gas E&P subindustry, EQT's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, EQT's Net Margin % distribution charts can be found below:

* The bar in red indicates where EQT's Net Margin % falls into.



EQT Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

EQT's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=1735.232/5069.982
=34.23 %

EQT's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=103.488/1305.757
=7.93 %

* 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.


EQT  (LTS:0IDU) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


EQT Net Margin % Related Terms

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EQT (LTS:0IDU) Business Description

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.

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