Eqt (EQT) Net Margin (2009 - 2026)
Eqt's Net Margin was 11.68% in Q2 2026, down 18.98 percentage points from 30.66% a year earlier and down 32.34 percentage points from the prior quarter.
Eqt (EQT) Net Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Eqt's Net Margin was 28.44% through Jun 30, 2026, up 12.56 percentage points year-over-year; for FY2025, it was 23.59%, up 19.22 percentage points from FY2024.
- Net Margin shows a five-year change of +54.94 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was 4.37% in FY2024 (-20.74 pp), 25.12% in FY2023 (+1.50 pp), 23.62% in FY2022 (+40.42 pp) and -16.80% in FY2021 (+14.55 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin since Q3 2024.
- Compared with a year earlier, Net Margin was higher in six of the last eight quarters, with an average year-over-year change of +7.68 percentage points.
- The best year-over-year quarter for Net Margin over five years was Q3 2022 (a gain of 129.31 percentage points); the worst was Q1 2022 (a drop of 57.66 percentage points).
- Per Business Quant data, EQT's Net Margin in the three quarters before Q2 2026 was 44.02% (Q1 2026), 28.35% (Q4 2025) and 17.15% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 541.34 Bn | 451.89 Bn | 30.13 Bn | 11.43% |
| 2 | Chevron | 403.85 Bn | 381.64 Bn | 33.45 Bn | 17.23% |
| 3 | TotalEnergies SE | 193.34 Bn | 76.47 Bn | - | 8.80% |
| 4 | Eni Spa | 172.00 Bn | 121.52 Bn | - | 13.62% |
| 5 | Conocophillips | 150.68 Bn | 123.39 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 103.39 Bn | 49.45 Bn | - | 9.17% |
| 7 | Phillips 66 | 100.64 Bn | 89.62 Bn | 8.38 Bn | 7.39% |
| 8 | Canadian Natural Resources | 98.19 Bn | 95.14 Bn | - | 30.55% |
| 9 | Suncor Energy | 80.57 Bn | 66.37 Bn | - | 21.33% |
| 10 | Eqt | 30.59 Bn | 33.41 Bn | 1.42 Bn | 11.68% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.68% |
| Mar 31, 2026 | 44.02% |
| Dec 31, 2025 | 28.35% |
| Sep 30, 2025 | 17.15% |
| Jun 30, 2025 | 30.66% |
| Mar 31, 2025 | 13.92% |
| Dec 31, 2024 | 25.75% |
| Sep 30, 2024 | -23.43% |
| Jun 30, 2024 | 1.00% |
| Mar 31, 2024 | 7.33% |
| Dec 31, 2023 | 24.57% |
| Sep 30, 2023 | 6.85% |
| Jun 30, 2023 | -6.54% |
| Mar 31, 2023 | 45.79% |
| Sep 30, 2022 | 18.51% |
| Jun 30, 2022 | 26.49% |
| Mar 31, 2022 | -60.97% |
| Dec 31, 2021 | 64.20% |
| Sep 30, 2021 | -110.80% |
| Jun 30, 2021 | -86.58% |
Eqt Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=EQT&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "EQT", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=EQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();