Eqt (EQT) Return on Invested Capital [ROIC] (2009 - 2026)
Eqt's Return on Invested Capital [ROIC] was 9.16% in Q2 2026, up 4.09 percentage points from 5.07% a year earlier but down 1.61 percentage points from the prior quarter.
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Analysis
Eqt (EQT) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Return on Invested Capital [ROIC] at Eqt came in at 7.44%, up 5.05 percentage points from FY2024.
- Return on Invested Capital [ROIC] shows a five-year change of +12.34 percentage points (FY2020 to FY2025).
- In earlier years, Return on Invested Capital [ROIC] was 2.38% in FY2024 (-8.20 pp), 10.59% in FY2023 (-2.26 pp), 12.85% in FY2022 (+19.64 pp) and -6.79% in FY2021 (-1.89 pp).
- Quarterly Return on Invested Capital [ROIC] has moved between -19.94% (Q3 2021) and 27.75% (Q1 2023) over five years.
- Compared with a year earlier, Return on Invested Capital [ROIC] has increased for five straight quarters, with an average year-over-year change of -0.29 percentage points over the last eight quarters.
- The best year-over-year quarter for Return on Invested Capital [ROIC] over five years was Q1 2023 (a gain of 44.79 percentage points); the worst was Q1 2024 (a drop of 23.50 percentage points).
- Per Business Quant data, EQT's Return on Invested Capital [ROIC] in the three quarters before Q2 2026 was 10.78% (Q1 2026), 7.30% (Q4 2025) and 6.87% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 11.12% |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | -25.37% |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 13.05% |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 36.80% |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 22.50% |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | 47.74% |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | -181.46% |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | 6.87% |
| 10 | Eqt | 34.80 Bn | 37.62 Bn | 1.42 Bn | 9.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 9.09% |
| Mar 31, 2026 | 10.68% |
| Dec 31, 2025 | 7.23% |
| Sep 30, 2025 | 6.81% |
| Jun 30, 2025 | 5.05% |
| Mar 31, 2025 | 2.58% |
| Dec 31, 2024 | 1.93% |
| Sep 30, 2024 | 2.27% |
| Jun 30, 2024 | 4.65% |
| Mar 31, 2024 | 4.25% |
| Dec 31, 2023 | 10.03% |
| Sep 30, 2023 | 17.43% |
| Jun 30, 2023 | 21.64% |
| Mar 31, 2023 | 27.68% |
| Dec 31, 2022 | 13.28% |
| Sep 30, 2022 | 15.22% |
| Jun 30, 2022 | -3.85% |
| Mar 31, 2022 | -16.92% |
| Dec 31, 2021 | -6.61% |
| Sep 30, 2021 | -19.30% |
API Access
Eqt Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=EQT&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=EQT&period=max&api_key=YOUR_API_KEY");
const data = await res.json();