EQT profit margin EQT
Gross, operating and net profit as a share of revenue over the last twelve months, from 2009.
- Net margin, 12 months
- 28.4%
- Operating margin, 12 months
- 42.5%
- Net margin on a year earlier
- +12.6 pts
- Peer median
- 20.8%
Over the twelve months to Jun 30, 2026, EQT kept 28.4% of its revenue as net profit, with an operating margin of 42.5% and a gross margin of 83.7%.
Five years earlier its net margin was −71.3%.
The median for 10 oil and gas producers of a similar size is 20.8%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 23.6% | 37.6% | 82.3% |
| FY2024 | 4.4% | 13.0% | 63.7% |
| FY2023 | 25.1% | 33.5% | 68.8% |
| FY2022 | 23.6% | 36.3% | 71.8% |
| FY2021 | −37.3% | −44.4% | 36.6% |
| FY2020 | −31.6% | −28.7% | 44.1% |
| FY2019 | −27.7% | −26.1% | 60.3% |
| FY2018 | −49.2% | −61.1% | 62.8% |
| FY2017 | 48.8% | 12.4% | n/a |
| FY2016 | −28.2% | −17.3% | n/a |
| FY2015 | 3.6% | 24.1% | n/a |
| FY2014 | 15.7% | 34.6% | n/a |
| FY2013 | 21.0% | 35.2% | n/a |
| FY2012 | 13.3% | 28.3% | n/a |
| FY2011 | 29.3% | 52.5% | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 28.4% | +12.6 pts | 42.5% | |
| Q1 FY26 | 31.9% | +25.3 pts | 46.6% | |
| Q4 FY25 | 23.6% | +19.2 pts | 37.6% | |
| Q3 FY25 | 22.6% | +17.1 pts | 38.3% | |
| Q2 FY25 | 15.9% | +3.4 pts | 29.6% | |
| Q1 FY25 | 6.6% | −4.4 pts | 17.8% | |
| Q4 FY24 | 4.4% | −20.7 pts | 13.0% | |
| Q3 FY24 | 5.5% | −29.8 pts | 11.0% | |
| Q2 FY24 | 12.4% | −26.0 pts | 16.5% | |
| Q1 FY24 | 11.0% | −31.0 pts | 15.7% | |
| Q4 FY23 | 25.1% | +1.5 pts | 33.5% | |
| Q3 FY23 | 35.3% | +11.6 pts | 46.9% |
Against its peers
Companies in Oil & Gas Exploration & Production nearest EQT's size, closest first, today.
| Company | Profit margin |
|---|---|
| EQTEQT | 28.4% |
| TPLTexas Pacific Land | 60.3% |
| EXEExpand Energy | 20.5% |
| DVNDevon Energy | 16.7% |
| PRPermian Resources | 21.5% |
| FANGDiamondback Energy | 8.6% |
| OVVOvintiv | 9.4% |
| OXYOccidental Petroleum | 30.3% |
| APAAPA | 21.1% |
| VNOMViper Energy | 2.9% |
| EOGEOG Resources | 25.4% |
| Peer median | 20.8% |
Where EQT ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on EQT
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.