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EQT Earnings Yield (Joel Greenblatt) %

: -4.15% (As of Jun. 2022)
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EQT's Enterprise Value for the quarter that ended in Jun. 2022 was $17,746 Mil. EQT's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 was $-736 Mil. EQT's Earnings Yield (Joel Greenblatt) for the quarter that ended in Jun. 2022 was -4.15%.

The historical rank and industry rank for EQT's Earnings Yield (Joel Greenblatt) % or its related term are showing as below:

EQT' s Earnings Yield (Joel Greenblatt) % Range Over the Past 10 Years
Min: -32.97   Med: 0.3   Max: 14.18
Current: -3.32

During the past 13 years, the highest Earnings Yield (Joel Greenblatt) of EQT was 14.18%. The lowest was -32.97%. And the median was 0.30%.

EQT's Earnings Yield (Joel Greenblatt) % is ranked worse than
72.56% of 1108 companies
in the Oil & Gas industry
Industry Median: 5.09 vs EQT: -3.32

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

A better indicator of the attractiveness of an investment which takes growth into account is the Forward Rate of Return (Yacktman) %. EQT's Forward Rate of Return (Yacktman) % for the quarter that ended in Jun. 2022 was 0.00%. The Forward Rate of Return uses the normalized Free Cash Flow of the past seven years, and considers growth. The forward rate of return can be thought of as the return that investors buying the stock today can expect from it in the future.


EQT Earnings Yield (Joel Greenblatt) % Historical Data

The historical data trend for EQT's Earnings Yield (Joel Greenblatt) % 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.

* Premium members only.

EQT Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Earnings Yield (Joel Greenblatt) %
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.90 -27.62 -17.27 -11.74 -9.39

EQT Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Earnings Yield (Joel Greenblatt) % Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.90 -25.97 -9.39 -18.08 -4.15

Competitive Comparison

For the Oil & Gas E&P subindustry, EQT's Earnings Yield (Joel Greenblatt) %, along with its competitors' market caps and Earnings Yield (Joel Greenblatt) % 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 Earnings Yield (Joel Greenblatt) % Distribution

For the Oil & Gas industry and Energy sector, EQT's Earnings Yield (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where EQT's Earnings Yield (Joel Greenblatt) % falls into.



EQT Earnings Yield (Joel Greenblatt) % Calculation

In his book, The Little That Beat the Market, hedge fund manager Joel Greenblatt defines Earnings Yield as operating income divided by enterprise value.

EQTs Earnings Yield (Joel Greenblatt) for the fiscal year that ended in Dec. 2021 is calculated as

Earnings Yield (Joel Greenblatt)=EBIT/Enterprise Value
=-1279.785/13624.50919
=-9.39 %

EQT's EBIT for the trailing twelve months (TTM) ended in Jun. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $-736 Mil.



EQT  (NYSE:EQT) Earnings Yield (Joel Greenblatt) % Explanation

Joel Greenblatt defines the earnings yield using the above equation because it more accurately reflects the company's profitability relative to its stock price. Items like interest payment and tax etc. are not directly related to the company's operational profitability.

Enterprise Value instead of market cap (share price) is used in the calculation because it is the real price stock and bond investors together pay for the company.


Be Aware

Joel Greenblatt's definition of earnings yield has the same problems the regular earnings yield does. It does not consider the growth of the company. It only looks at one-year's business operation. For cyclical companies, the earnings yield is usually highest at the peak of the business cycle. But these earnings are rarely sustainable.

Forward Rate of Return (Yacktman) % based on Don Yacktman's definition is a better measure of the expected rate of return for a stock.


EQT Earnings Yield (Joel Greenblatt) % Related Terms

Thank you for viewing the detailed overview of EQT's Earnings Yield (Joel Greenblatt) % provided by GuruFocus.com. Please click on the following links to see related term pages.


EQT Business Description

EQT logo
Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » EQT Corp (NYSE:EQT) » Definitions » Earnings Yield (Joel Greenblatt) %
Address
625 Liberty Avenue, EQT Plaza, Suite 1700, Pittsburgh, PA, USA, 15222
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
Hu Frank C. director 625 LIBERTY AVE. SUITE 1700 PITTSBURGH PA 15222
Khani David M. officer: Chief Financial Officer 625 LIBERTY AVE. SUITE 1700 PITTSBURGH PA 15222
James Todd officer: Chief Accounting Officer 625 LIBERTY AVENUE SUITE 1700 PITTSBURGH PA 15222
Derham Kyle officer: Interim Chf Financial Officer 625 LIBERTY AVENUE SUITE 1700 PITTSBURGH PA 15222
Evancho Lesley officer: Chief Human Resources Officer 625 LIBERTY AVENUE SUITE 1700 PITTSBURGH PA 15222
Duran Richard A officer: Chief Information Officer 625 LIBERTY AVENUE SUITE 1700 PITTSBURGH PA 15222
Carrig Janet director ONE SOUTH WACKER DRIVE SUITE 3200 CHICAGO IL 60606
Rice Toby Z. director, officer: President & CEO 400 WOODCLIFF DRIVE CANONSBURG PA 15317
Jackson Kathryn Jean director 121 SW SALMON STREET PORTLAND OR 97204
Vanderhider Hallie A. director 600 TRAVIS STREET, SUITE 3250 HOUSTON TX 77002
Mcmanus J T director 605 RICHARD ARRINGTON JR BLVD N BIRMINGHAM AL 35203-2707
Canaan Lee M director 20101 HOOVER RD DETROIT MI 48205
Jordan William E. officer: EVP and General Counsel 400 WOODCLIFF DRIVE CANONSBURG PA 15317
Mccartney John director US ROBOTICS INC 8100 MCCORMICK BLVD SKOKIE IL 60076
Beebe Lydia I director 13403 NORTHWEST FREEWAY HOUSTON TX 77040

EQT Headlines

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