EQT Corporation (EQT) - Net Assets
Based on the latest financial reports, EQT Corporation (EQT) has net assets worth $26.79 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($41.20 Billion) and total liabilities ($14.40 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check financial resilience of EQT Corporation to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $26.79 Billion |
| % of Total Assets | 65.03% |
| Annual Growth Rate | 11.2% |
| 5-Year Change | 162.11% |
| 10-Year Change | 202.42% |
| Growth Volatility | 36.89 |
EQT Corporation - Net Assets Trend (1985–2024)
This chart illustrates how EQT Corporation's net assets have evolved over time, based on quarterly financial data. Also explore EQT Corporation asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for EQT Corporation (1985–2024)
The table below shows the annual net assets of EQT Corporation from 1985 to 2024. For live valuation and market cap data, see market value of EQT Corporation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.28 Billion | +64.25% |
| 2023-12-31 | $14.78 Billion | +31.81% |
| 2022-12-31 | $11.21 Billion | +12.46% |
| 2021-12-31 | $9.97 Billion | +7.65% |
| 2020-12-31 | $9.26 Billion | -5.52% |
| 2019-12-31 | $9.80 Billion | -10.54% |
| 2018-12-31 | $10.96 Billion | -40.49% |
| 2017-12-31 | $18.41 Billion | +101.93% |
| 2016-12-31 | $9.12 Billion | +13.59% |
| 2015-12-31 | $8.03 Billion | +25.97% |
| 2014-12-31 | $6.37 Billion | +31.02% |
| 2013-12-31 | $4.86 Billion | +25.08% |
| 2012-12-31 | $3.89 Billion | +8.21% |
| 2011-12-31 | $3.59 Billion | +16.73% |
| 2010-12-31 | $3.08 Billion | +43.13% |
| 2009-12-31 | $2.15 Billion | +4.92% |
| 2008-12-31 | $2.05 Billion | +86.80% |
| 2007-12-31 | $1.10 Billion | +15.98% |
| 2006-12-31 | $946.28 Million | +166.96% |
| 2005-12-31 | $354.47 Million | -59.47% |
| 2004-12-31 | $874.67 Million | -9.39% |
| 2003-12-31 | $965.34 Million | +23.98% |
| 2002-12-31 | $778.64 Million | -7.98% |
| 2001-12-31 | $846.15 Million | +3.35% |
| 2000-12-31 | $818.70 Million | +6.63% |
| 1999-12-31 | $767.80 Million | -7.87% |
| 1998-12-31 | $833.40 Million | +1.20% |
| 1997-12-31 | $823.50 Million | +10.94% |
| 1996-12-31 | $742.30 Million | +3.80% |
| 1995-12-31 | $715.10 Million | -4.65% |
| 1994-12-31 | $750.00 Million | +3.02% |
| 1993-12-31 | $728.00 Million | +23.52% |
| 1992-12-31 | $589.40 Million | +5.14% |
| 1991-12-31 | $560.60 Million | +6.07% |
| 1990-12-31 | $528.50 Million | +4.90% |
| 1989-12-31 | $503.80 Million | +5.44% |
| 1988-12-31 | $477.80 Million | +5.29% |
| 1987-12-31 | $453.80 Million | +9.48% |
| 1986-12-31 | $414.50 Million | +7.19% |
| 1985-12-31 | $386.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EQT Corporation's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 731.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.59 Billion | 12.55% |
| Common Stock | $18.01 Billion | 87.46% |
| Other Comprehensive Income | $-2.32 Million | -0.01% |
| Total Equity | $20.60 Billion | 100.00% |
EQT Corporation Competitors by Market Cap
The table below lists competitors of EQT Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Naspers Limited
JSE:NPN
|
$36.64 Billion |
|
Take-Two Interactive Software Inc
NASDAQ:TTWO
|
$36.67 Billion |
|
AHOLD DELHAI.ADR16 EO-25
F:AHOD
|
$36.74 Billion |
|
Commerzbank AG
F:ZZMS
|
$36.76 Billion |
|
Woodside Energy Group Ltd
NYSE:WDS
|
$36.54 Billion |
|
Gold Fields Limited
F:EDG
|
$36.39 Billion |
|
Samsung SDI
KO:006400
|
$36.39 Billion |
|
Commerzbank AG
XETRA:CBK
|
$36.26 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EQT Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,773,200,000 to 20,597,628,000, a change of 5,824,428,000 (39.4%).
- Net income of 230,577,000 contributed positively to equity growth.
- Dividend payments of 326,581,000 reduced retained earnings.
- Other comprehensive income increased equity by 363,000.
- Other factors increased equity by 5,920,069,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $230.58 Million | +1.12% |
| Dividends Paid | $326.58 Million | -1.59% |
| Other Comprehensive Income | $363.00K | +0.0% |
| Other Changes | $5.92 Billion | +28.74% |
| Total Change | $- | 39.43% |
Book Value vs Market Value Analysis
This analysis compares EQT Corporation's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.59x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 19.07x to 1.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $3.08 | $58.66 | x |
| 1986-12-31 | $3.29 | $58.66 | x |
| 1987-12-31 | $3.61 | $58.66 | x |
| 1988-12-31 | $3.78 | $58.66 | x |
| 1989-12-31 | $4.01 | $58.66 | x |
| 1990-12-31 | $4.22 | $58.66 | x |
| 1991-12-31 | $4.48 | $58.66 | x |
| 1992-12-31 | $4.72 | $58.66 | x |
| 1993-12-31 | $5.57 | $58.66 | x |
| 1994-12-31 | $5.44 | $58.66 | x |
| 1995-12-31 | $5.12 | $58.66 | x |
| 1996-12-31 | $4.75 | $58.66 | x |
| 1997-12-31 | $5.40 | $58.66 | x |
| 1998-12-31 | $4.79 | $58.66 | x |
| 1999-12-31 | $4.70 | $58.66 | x |
| 2000-12-31 | $5.23 | $58.66 | x |
| 2001-12-31 | $6.30 | $58.66 | x |
| 2002-12-31 | $5.76 | $58.66 | x |
| 2003-12-31 | $7.61 | $58.66 | x |
| 2004-12-31 | $6.94 | $58.66 | x |
| 2005-12-31 | $2.86 | $58.66 | x |
| 2006-12-31 | $7.73 | $58.66 | x |
| 2007-12-31 | $8.95 | $58.66 | x |
| 2008-12-31 | $16.00 | $58.66 | x |
| 2009-12-31 | $16.44 | $58.66 | x |
| 2010-12-31 | $21.31 | $58.66 | x |
| 2011-12-31 | $23.93 | $58.66 | x |
| 2012-12-31 | $23.94 | $58.66 | x |
| 2013-12-31 | $26.58 | $58.66 | x |
| 2014-12-31 | $30.05 | $58.66 | x |
| 2015-12-31 | $33.20 | $58.66 | x |
| 2016-12-31 | $35.10 | $58.66 | x |
| 2017-12-31 | $70.95 | $58.66 | x |
| 2018-12-31 | $42.00 | $58.66 | x |
| 2019-12-31 | $38.42 | $58.66 | x |
| 2020-12-31 | $35.51 | $58.66 | x |
| 2021-12-31 | $30.80 | $58.66 | x |
| 2022-12-31 | $27.48 | $58.66 | x |
| 2023-12-31 | $35.75 | $58.66 | x |
| 2024-12-31 | $36.81 | $58.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EQT Corporation utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 1.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.42%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 1.93x
- Recent ROE (1.12%) is below the historical average (9.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 14.22% | 11.63% | 0.55x | 2.23x | $16.33 Million |
| 1986 | 13.05% | 11.89% | 0.48x | 2.27x | $12.65 Million |
| 1987 | 7.62% | 8.49% | 0.42x | 2.15x | $-10.78 Million |
| 1988 | 9.86% | 11.59% | 0.38x | 2.24x | $-680.00K |
| 1989 | 10.10% | 9.95% | 0.45x | 2.26x | $520.00K |
| 1990 | 11.14% | 8.94% | 0.56x | 2.23x | $6.05 Million |
| 1991 | 11.45% | 9.45% | 0.49x | 2.45x | $8.14 Million |
| 1992 | 10.18% | 7.39% | 0.58x | 2.38x | $1.06 Million |
| 1993 | 10.10% | 6.71% | 0.56x | 2.67x | $700.00K |
| 1994 | 8.09% | 4.34% | 0.69x | 2.69x | $-14.30 Million |
| 1995 | 0.21% | 0.11% | 0.73x | 2.74x | $-70.01 Million |
| 1996 | 8.00% | 3.19% | 0.89x | 2.82x | $-14.83 Million |
| 1997 | 9.48% | 3.63% | 0.89x | 2.93x | $-4.25 Million |
| 1998 | -6.24% | -5.01% | 0.48x | 2.62x | $-115.04 Million |
| 1999 | 10.75% | 6.50% | 0.59x | 2.78x | $4.82 Million |
| 2000 | 15.31% | 6.43% | 0.67x | 3.54x | $36.80 Million |
| 2001 | 17.94% | 8.60% | 0.70x | 2.98x | $67.19 Million |
| 2002 | 19.79% | 14.42% | 0.44x | 3.13x | $76.24 Million |
| 2003 | 17.61% | 16.23% | 0.36x | 3.05x | $73.47 Million |
| 2004 | 32.00% | 23.49% | 0.37x | 3.65x | $192.39 Million |
| 2005 | 73.36% | 20.74% | 0.38x | 9.43x | $224.61 Million |
| 2006 | 23.28% | 17.37% | 0.39x | 3.44x | $125.66 Million |
| 2007 | 23.46% | 18.91% | 0.35x | 3.59x | $147.74 Million |
| 2008 | 12.47% | 16.21% | 0.30x | 2.60x | $50.59 Million |
| 2009 | 7.30% | 12.36% | 0.21x | 2.77x | $-58.17 Million |
| 2010 | 7.40% | 17.21% | 0.19x | 2.31x | $-80.17 Million |
| 2011 | 13.35% | 29.26% | 0.19x | 2.44x | $120.39 Million |
| 2012 | 5.09% | 11.17% | 0.19x | 2.46x | $-176.99 Million |
| 2013 | 9.68% | 20.98% | 0.19x | 2.43x | $-12.91 Million |
| 2014 | 8.44% | 15.67% | 0.20x | 2.63x | $-71.32 Million |
| 2015 | 1.68% | 4.36% | 0.14x | 2.75x | $-422.61 Million |
| 2016 | -7.73% | -24.39% | 0.12x | 2.64x | $-1.04 Billion |
| 2017 | 11.33% | 50.49% | 0.10x | 2.22x | $176.57 Million |
| 2018 | -20.48% | -47.39% | 0.23x | 1.89x | $-3.34 Billion |
| 2019 | -12.46% | -32.15% | 0.20x | 1.92x | $-2.20 Billion |
| 2020 | -10.36% | -36.06% | 0.15x | 1.96x | $-1.88 Billion |
| 2021 | -11.48% | -16.71% | 0.30x | 2.29x | $-2.14 Billion |
| 2022 | 15.85% | 14.59% | 0.54x | 2.03x | $653.72 Million |
| 2023 | 11.75% | 34.23% | 0.20x | 1.71x | $257.91 Million |
| 2024 | 1.12% | 4.42% | 0.13x | 1.93x | $-1.83 Billion |
Industry Comparison
This section compares EQT Corporation's net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $1,401,223,882
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EQT Corporation (EQT) | $26.79 Billion | 14.22% | 0.54x | $36.61 Billion |
| Amplify Energy Corp (AMPY) | $643.58 Million | -23.32% | 1.61x | $225.45 Million |
| AleAnna, Inc. Class A Common Stock (ANNA) | $-14.85 Million | 0.00% | 0.00x | $105.31 Million |
| APA Corporation (APA) | $816.20 Million | 5.24% | 1.30x | $9.63 Billion |
| Antero Resources Corp (AR) | $5.47 Billion | 12.31% | 1.11x | $10.72 Billion |
| Battalion Oil Corp (BATL) | $1.20 Billion | 3.84% | 0.74x | $41.80 Million |
| BKV Corporation (BKV) | $985.14 Million | -4.40% | 0.36x | $3.02 Billion |
| Barnwell Industries Inc (BRN) | $10.40 Million | 6.73% | 1.77x | $11.33 Million |
| Berry Petroleum Corp (BRY) | $153.15 Million | 14.32% | 0.52x | $253.00 Million |
| Black Stone Minerals LP (BSM) | $910.65 Million | -10.99% | 0.17x | $2.98 Billion |
| Chord Energy Corp (CHRD) | $3.84 Billion | -3.34% | 0.95x | $5.96 Billion |
About EQT Corporation
EQT Corporation engages in the production, gathering, and transmission of natural gas. The company sells natural gas and natural gas liquids to marketers, utilities, and industrial customers located in the Appalachian Basin. It also provides marketing services and contractual pipeline capacity management services, as well as involved in risk management and hedging activities. The company was form… Read more