EQT price to free cash flow EQT

Market value divided by free cash flow over the last twelve months, since 2015.

Today, Oct 23, 2026: 9.3×
9-year median: 13.7×
Against its 9-year history: 33rd; percentile: 0 is its lowest day, 100 its highest
9-year range: 1.7× to 486×
Peer median: 8.4×

EQT's price to free cash flow is 9.3× as of Oct 23, 2026.

That is below its 9-year median of 13.7×, lower than on 67% of days in the last 9 years.

Over that time it ranged from 1.7× in Feb 2020 to 486× in Apr 2019.

The median for 10 oil and gas producers of a similar size is 8.4×.

Price to free cash flow over time

median 13.7×

The dashed line is the 9-year median and the shaded band the middle half of its days.

Open the interactive chart, with overlays and comparisons

Year by year

Year	End of year	Low	High
2026 so far	9.3×	7.5×	14.9×
2025	13.5×	13.4×	64.1×
2024	52.9×	7.9×	54.8×
2023	8.9×	4.7×	10.3×
2022	5.7×	5.7×	26.2×
2021	241×	9.7×	241×
2020	15.0×	1.7×	32.5×
2019	3.4×	2.8×	486×
2018	482×	482×	482×
2017	n/m a value too high to mean anything
2016	26.0×	3.8×	29.8×
2015	3.7×	3.5×	6.9×

Against its peers

Companies in Oil & Gas Exploration & Production nearest EQT's size, closest first, today.

Company	Price to free cash flow
EQTEQT	9.3×
TPLTexas Pacific Land	44.3×
EXEExpand Energy	8.1×
DVNDevon Energy	12.0×
PRPermian Resources	5.4×
FANGDiamondback Energy	7.9×
OVVOvintiv	8.8×
OXYOccidental Petroleum	12.1×
APAAPA	n/m
VNOMViper Energy	n/m
EOGEOG Resources	6.7×
Peer median	8.4×

What the price to free cash flow tells you

Market value divided by free cash flow: the cash left after running the business and paying for equipment. Cash is harder to manage than accounting earnings, so many investors trust this more than PE.

Lumpy: a big year of building factories drops cash flow and inflates the ratio without the business getting worse.

More on EQT

Valuation data, not investment advice. Prices as of Oct 23, 2026. Reported figures come from the company's filings with the SEC.