Eqt (EQT) Operating Margin (2009 - 2026)
Eqt (EQT) reported Operating Margin of 21.77% for Q2 2026, down 2257.0% on a YoY basis from 1.01% in Q2 2025, and down 63.87% sequentially from 60.26% in Q1 2026.
Eqt (EQT) Operating Margin (2009 - 2026) Analysis & Trends
Eqt (EQT) has 18 years of Operating Margin data on file, last reported at 21.77% in Q2 2026.
- For the quarter ending Q2 2026, Operating Margin fell 2257.0% year-over-year to 21.77%; the trailing twelve-month figure through Jun 2026 stood at 42.47% (up 593.0% YoY), and the FY2025 full-year result was 37.59%, up 2460.0% from the prior year.
- Operating Margin eased to 21.77% in Q2 2026, from 60.26% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 315.91% in Q4 2024 to a low of 326.06% in Q1 2022.
- A 5-year average of 26.46% and a median of 29.66% in 2025 frame the typical range for Operating Margin.
- Peak annual rise in Operating Margin reached 52200 bps in 2022, while the deepest fall reached 32685 bps in 2022.
- Tracing EQT's Operating Margin over 5 years: stood at 66.66% in 2022, then slumped by 47 bps to 35.38% in 2023, then surged by 793 bps to 315.91% in 2024, then tumbled by 87 bps to 42.55% in 2025, then sank by 49 bps to 21.77% in 2026.
- Business Quant data shows EQT's Operating Margin at 21.77% in Q2 2026, 60.26% in Q1 2026, and 42.55% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 141.43 Bn | 135.06 Bn | 9.48 Bn | 45.70% |
| 2 | Eog Resources | 74.61 Bn | 70.76 Bn | - | 37.54% |
| 3 | Diamondback Energy | 55.39 Bn | 55.39 Bn | 4.22 Bn | 2.74% |
| 4 | Woodside Energy | 41.28 Bn | 35.34 Bn | 2.71 Bn | 89.26% |
| 5 | Occidental Petroleum | 32.80 Bn | 28.99 Bn | 4.87 Bn | 0.36% |
| 6 | Eqt | 32.48 Bn | 32.37 Bn | 1.42 Bn | 21.77% |
| 7 | Texas Pacific Land | 27.36 Bn | 27.11 Bn | - | 76.99% |
| 8 | Devon Energy | 26.53 Bn | 24.72 Bn | 3.61 Bn | 3.68% |
| 9 | Expand Energy | 21.67 Bn | 19.37 Bn | 4.21 Bn | 34.82% |
| 10 | Ovintiv | 16.84 Bn | 15.96 Bn | 2.83 Bn | 32.99% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 21.77% |
| Mar 31, 2026 | 60.26% |
| Dec 31, 2025 | 42.55% |
| Sep 30, 2025 | 30.80% |
| Jun 30, 2025 | 44.34% |
| Mar 31, 2025 | 28.52% |
| Dec 31, 2024 | 315.91% |
| Sep 30, 2024 | -21.95% |
| Jun 30, 2024 | 0.31% |
| Mar 31, 2024 | 12.94% |
| Dec 31, 2023 | 35.38% |
| Sep 30, 2023 | 1.33% |
| Jun 30, 2023 | -3.43% |
| Mar 31, 2023 | 88.01% |
| Dec 31, 2022 | 66.66% |
| Sep 30, 2022 | 25.03% |
| Jun 30, 2022 | 53.88% |
| Mar 31, 2022 | -326.06% |
| Dec 31, 2021 | 87.42% |
| Sep 30, 2021 | -146.27% |