Aureus
COkay

EQT Corporation(EQT)

C

Financial data as of Dec 31, 2024Improving · Energy

FCF Margin11.0%Free Cash Flow / Revenue
Cash Conversion—Operating CF / Net Income
Free Cash Flow$573.3M
Revenue$5.2B
Net Cash-$9.2BNet debt position
Debt / FCF16.3xElevated debt burden
Current Ratio0.70Tight short-term liquidity
YoY FCF Growth+500.0%5 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
-2Extreme debt-to-FCF ratio (16.3x)
→
-1Current ratio below 1.0 (0.70)
→
+1Strong YoY FCF growth (500.0% YoY)
→
-0.5Highly volatile FCF (consistency: 0.86)
→
FinalC

Analysis Summary

Strengths

  • Healthy FCF margin (11.0%)
  • Strong YoY FCF growth (+500.0%)
  • FCF trend is improving

Concerns

  • Heavy debt position ($9.2B)
  • High debt-to-FCF ratio (16.3x)
  • Current ratio below 1.0 — tight short-term liquidity
  • Highly volatile quarterly FCF
Cash conversion ratio unavailable or not meaningful

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin11.0%
Net Margin4.4%
Operating CF Margin54.1%
CapEx Ratio43.2%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$9.2BNet debt position
Debt / FCF16.3xElevated debt burden
Current Ratio0.70Tight liquidity
Debt / Equity0.45Low leverage

Quarterly FCF Trend

+500.0% YoYImproving (+500.0%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameEQT Corporation
SectorEnergy
Free Cash Flow$573.3M
Revenue$5.2B
Net Income$230.6M
Operating Cash Flow$2.8B
Capital Expenditure$2.3B
FCF Margin11.0%
Cash Conversion Rate—
Net Margin4.4%
Total Debt$9.4B
Total Cash$202.1M
Net Cash-$9.2B
Current Ratio0.70
Debt / Equity0.45
Debt / FCF16.3x
YoY FCF Growth+500.0%
Positive Quarters5 of 5
Trend DirectionImproving
Report DateDec 31, 2024
GradeC
Data SourceYahoo Finance