EQT (EQT) Pre-Tax Income

: $2,103 Mil (TTM As of Dec. 2023)

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Pretax income is the income that a company earns before paying income taxes. EQT's pretax income for the three months ended in Dec. 2023 was $652 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $2,103 Mil. EQT's pretax margin was 47.58%.

During the past 13 years, EQT's highest Pretax Margin was 41.49%. The lowest was -64.97%. And the median was -7.80%.

EQT Pre-Tax Income Historical Data

The historical data trend for EQT's Pre-Tax Income 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.

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EQT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Pre-Tax Income

-1,597.47

-1,254.10

-1,569.54

2,334.66

2,103.50

EQT Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Pre-Tax Income																2,272.82	1,575.88	-78.68	-46.12	652.43

Competitive Comparison

For the Oil & Gas E&P subindustry, EQT's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income 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 Pre-Tax Income Distribution

For the Oil & Gas industry and Energy sector, EQT's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where EQT's Pre-Tax Income falls into.

EQT Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

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

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	658.599	+	1664.559	+	-219.66	+	0	+	0
	=	2,103

EQT's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income	=	Operating Income	+	Non Operating Income	+	Interest Expense	+	Interest Income	+	Other
	=	193.945	+	531.285	+	-72.804	+	0	+	1.1368683772162E-13
	=	652

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $2,103 Mil.

EQT (NYSE:EQT) Pre-Tax Income Explanation

EQT's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin	=	Pretax Income	/	Revenue
	=	652.426	/	1371.202
	=	47.58%

During the past 13 years, EQT's highest Pretax Margin was 41.49%. The lowest was -64.97%. And the median was -7.80%.

EQT Pre-Tax Income Related Terms

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EQT (EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Pre-Tax Income

Comparable Companies

Traded in Other Exchanges

EQ6:Germany EQ6:Germany

Address

625 Liberty Avenue, Suite 1700, Pittsburgh, PA, USA, 15222

Website

https://www.eqt.com

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.

Executives

Qem Vi, Llc	10 percent owner	800 CAPITAL STREET, SUITE 3600, HOUSTON TX 77002
Q-xcl Holdings I (vi) Investment Partners, Llc	10 percent owner	800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Q-th Appalachia (vi) Investment Partners, Llc	10 percent owner	800 CAPITOL STREET, SUITE 3600, HOUSTON TX 77002
Vanloh S Wil Jr	10 percent owner	1401 MCKINNEY STREET, SUITE 2700, HOUSTON TX 77010
U.s. Bank Trust Company, National Association	10 percent owner	111 SW FIFTH AVENUE, PORTLAND OR 97204
Jeremy Knop	officer: CHIEF FINANCIAL OFFICER	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Todd James	officer: Chief Accounting Officer	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
Lesley Evancho	officer: Chief Human Resources Officer	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222
William E. Jordan	officer: EVP and General Counsel	400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Kathryn Jean Jackson	director	121 SW SALMON STREET, PORTLAND OR 97204
Frank C. Hu	director	625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
David M. Khani	officer: Chief Financial Officer	625 LIBERTY AVE., SUITE 1700, PITTSBURGH PA 15222
Toby Z. Rice	director, officer: President & CEO	400 WOODCLIFF DRIVE, CANONSBURG PA 15317
Lydia I Beebe	director	13403 NORTHWEST FREEWAY, HOUSTON TX 77040
Kyle Derham	officer: Interim Chf Financial Officer	625 LIBERTY AVENUE, SUITE 1700, PITTSBURGH PA 15222