← EQT Corp
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | ($453.0m) |
$1.5b
+433.02%
|
($2.2b)
-248.79%
|
($1.2b)
+45.57%
|
($967.2m)
+20.83%
|
($1.2b)
-19.50%
|
$1.8b
+253.23%
|
$1.7b
-2.02%
|
$230.6m
-86.71%
|
$2.0b
+784.41%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | ($453.0m) |
$1.5b
+433.02%
|
($2.0b)
-233.05%
|
($1.2b)
+39.13%
|
($967.2m)
+20.83%
|
($1.2b)
-19.37%
|
$1.8b
+253.39%
|
$1.7b
-2.02%
|
$230.6m
-86.71%
|
$2.0b
+784.41%
|
— | |
| Net Income (Loss), Including Portion Attributable to Noncontrolling Interest | ($131.1m) | $1.9b | ($2.0b) | ($1.2b) | ($967.2m) | ($1.2b) | $1.8b | $1.7b | $242.1m | $2.3b | — | |
| Net Income (Loss) Attributable to Noncontrolling Interest | $321.9m | $349.6m | $237.4m | $0 | ($10k) | $1.2m | $10.0m | ($688k) | $11.5m | $286.4m | — | |
| Depreciation, Depletion and Amortization | $927.9m | $1.1b | $1.6b | $1.5b | $1.4b | $1.7b | $1.7b | $1.7b | $2.2b | $2.6b | $2.5b | |
| Amortization of Intangible Assets | — | $10.9m | $77.4m | $35.9m | $26.0m | $0 | $0 | — | — | $13.3m | — | |
| Deferred Income Tax Expense (Benefit) | ($180.3m) | ($1.1b) | ($137.0m) | ($275.1m) | ($155.8m) | ($433.6m) | $534.6m | $384.7m | $14.7m | $657.8m | $844.6m | |
| Deferred income tax expense | — | — | ($510.4m) | ($275.1m) | ($155.8m) | ($427.5m) | $534.6m | $384.7m | $14.7m | $657.8m | $844.6m | |
| Share-based Payment Arrangement, Noncash Expense | $44.6m | $94.6m | $25.2m | $31.2m | $19.6m | $28.2m | $45.2m | $49.8m | $158.3m | $60.8m | $74.6m | |
| Payment, Tax Withholding, Share-based Payment Arrangement | $26.9m | $72.1m | $22.6m | $7.2m | $596k | $3.8m | $24.8m | $41.8m | $102.9m | $54.2m | — | |
| Share-based Payment Arrangement, Expense | $66.0m | $128.4m | $24.9m | $38.1m | $27.5m | $47.5m | $67.4m | $51.2m | $50.0m | $59.6m | $74.6m | |
| Share-based compensation expense | $44.6m | $94.6m | $25.2m | $31.2m | $19.6m | $28.2m | $45.2m | $49.8m | $158.3m | $60.8m | $74.6m | |
| Goodwill, Impairment Loss | — | — | $798.7m | $0 | $0 | — | — | — | — | — | $55.3m | |
| Impairment of Intangible Assets (Excluding Goodwill) | — | — | — | $15.4m | $34.7m | $0 | — | — | — | — | — | |
| Impairment of Intangible Assets, Finite-lived | — | — | — | — | — | — | — | — | — | $0 | — | |
| Impairments | — | — | $3.0b | $1.7b | $442.1m | $290.7m | $382.4m | $126.9m | $97.4m | $51.2m | — | |
| Other Nonoperating Income (Expense) | — | — | — | $91.5m | $35.5m | $19.1m | $11.3m | $1.2m | $26.0m | $4.8m | — | |
| Distributions from equity method investments | — | — | — | — | $0 | $14.9m | $50.2m | $18.7m | $66.2m | $257.2m | — | |
| Capital contributions to equity method investments | — | — | — | — | — | — | ($1.4m) | ($12.1m) | ($148.0m) | ($82.9m) | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Accounts Receivable | — | — | — | ($432.3m) | $36.3m | $700.0m | $169.0m | ($867.7m) | $220.4m | $353.5m | ($19.5m) | |
| Accounts receivable | ($165.5m) | ($9.0m) | ($439.1m) | $432.3m | ($36.3m) | ($700.0m) | ($169.0m) | $867.7m | ($220.4m) | ($353.5m) | ($19.5m) | |
| Inventory Write-down | $0 | $0 | $0 | — | — | — | — | — | — | — | — | |
| Increase (Decrease) in Accounts Payable | $40.5m | ($16.7m) | $457.1m | ($238.7m) | ($29.2m) | $457.0m | $181.5m | ($406.1m) | $16.5m | $207.1m | ($12.8m) | |
| Other | ($31.7m) | ($25.0m) | $18.3m | $23.3m | $37.4m | $66.2m | $32.6m | $16.9m | $15.1m | $15.1m | — | |
| Other current assets | — | — | ($28.3m) | $54.8m | ($68.6m) | ($75.1m) | $48.6m | $93.8m | ($85.3m) | $45.2m | $55.3m | |
| Other Operating Income (Expense), Net | — | — | — | — | ($28.5m) | ($70.1m) | ($57.3m) | ($84.0m) | ($349.9m) | ($244.7m) | — | |
| Net Cash Provided by (Used in) Operating Activities | $1.1b |
$1.6b
+53.87%
|
$3.0b
+81.73%
|
$1.9b
-37.78%
|
$1.5b
-16.96%
|
$1.7b
+8.11%
|
$3.5b
+108.46%
|
$3.2b
-8.27%
|
$2.8b
-11.07%
|
$5.1b
+81.32%
|
$6.2b
+21.85%
|
|
| Cash flows from investing activities: | ||||||||||||
| Payments to Acquire Property, Plant, and Equipment | $1.5b | $1.9b | $3.0b | $1.6b | $1.0b | $1.1b | $1.4b | $2.0b | $2.3b | $2.3b | ($2.5b) | |
| Gain (Loss) on Disposition of Property Plant Equipment | $8.0m | $0 | $0 | — | — | — | $8.4m | ($17.4m) | $764.0m | $31.2m | ($265.3m) | |
| Debt Securities, Trading, Gain (Loss) | — | — | ($2.6m) | — | — | — | — | — | — | — | — | |
| Gain (Loss) on Investments | — | — | — | ($337.0m) | ($314.5m) | $71.8m | ($4.9m) | $7.6m | $76.0m | $184.4m | ($269.4m) | |
| Payments to Acquire Investments | $98.4m | $159.6m | $820.9m | — | — | — | — | — | — | — | — | |
| Restricted Cash and Investments, Current | $75.0m | — | — | — | — | — | — | — | — | — | — | |
| Income from investments | — | — | $72.4m | $337.0m | $314.5m | ($71.8m) | $4.9m | ($7.6m) | ($76.0m) | ($184.4m) | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | — | $1.6b | $0 | $0 | $691.9m | $1.0b | — | $2.3b | $874.3m | $483.5m | ($697.0m) | |
| Cash paid for acquisitions, net of cash acquired | $0 | ($1.6b) | $0 | $0 | ($691.9m) | ($1.0b) | ($55.3m) | ($2.3b) | ($874.3m) | ($483.5m) | — | |
| Payments for (Proceeds from) Other Investing Activities | — | — | $9.8m | ($1.3m) | $30k | $14.2m | $13.8m | $26.9m | $80k | $245k | — | |
| Other investing activities | $0 | $0 | ($9.8m) | $1.3m | ($30k) | ($14.2m) | ($13.8m) | ($26.9m) | ($80k) | ($245k) | — | |
| Net Cash Provided by (Used in) Investing Activities | ($3.0b) | ($4.1b) | ($4.0b) | ($1.6b) | ($1.6b) | ($2.1b) | ($1.4b) | ($4.3b) | ($1.6b) | ($2.8b) | ($3.2b) | |
| Cash flows from financing activities: | ||||||||||||
| Gain (Loss) on Extinguishment of Debt | — | ($12.6m) | $0 | $0 | ($25.4m) | ($9.8m) | ($140.0m) | ($80k) | ($68.3m) | ($22.7m) | — | |
| Repayments of Long-term Debt | $5.1m | $2.0b | $8.4m | $704.7m | $2.8b | $154.3m | $917.0m | $1.0b | $4.3b | $1.4b | ($6.4b) | |
| Proceeds from Issuance of Long-term Debt | $500.0m | — | — | $1.0b | — | — | — | — | — | — | $3.8b | |
| Loss on debt extinguishment | $0 | $12.6m | $0 | $0 | $25.4m | $9.8m | $140.0m | $80k | $68.3m | $22.7m | — | |
| Proceeds from revolving credit facility borrowings | — | $2.1b | $8.6b | $3.0b | $3.1b | $8.1b | $10.2b | $1.0b | $6.9b | $3.5b | — | |
| Repayment of revolving credit facility borrowings | — | ($1.1b) | ($9.0b) | ($3.5b) | ($3.1b) | ($8.4b) | ($10.2b) | ($1.0b) | ($7.5b) | ($3.6b) | — | |
| Proceeds from issuance of debt | $500.0m | $3.0b | $2.5b | $0 | $2.6b | $1.0b | $1.0b | $1.2b | $750.0m | $0 | $3.8b | |
| Debt issuance costs | ($8.6m) | ($41.9m) | ($41.0m) | ($913k) | ($71.1m) | ($19.7m) | ($26.5m) | ($5.3m) | ($18.9m) | ($9.6m) | — | |
| Repayment and retirement of debt | ($5.1m) | ($2.0b) | ($8.4m) | ($704.7m) | ($2.8b) | ($154.3m) | ($917.0m) | ($1.0b) | ($4.3b) | ($1.4b) | — | |
| Net (premiums paid) discounts received on debt extinguishment | — | — | — | — | — | ($9.6m) | ($135.3m) | $5.2m | ($52.4m) | ($39.3m) | — | |
| Payments for Repurchase of Common Stock | $30k | $30k | $27k | $0 | $0 | $12.9m | $409.5m | $201.0m | $0 | $0 | — | |
| Payments of Ordinary Dividends, Common Stock | $20.2m | $20.8m | $31.4m | $30.7m | $7.7m | $0 | $203.6m | $228.3m | $326.6m | $389.6m | ($407.5m) | |
| Proceeds from Issuance of Common Stock | $1.2b | $0 | $0 | — | $340.9m | $0 | $0 | — | — | — | $0 | |
| Repurchase and retirement of common stock | ($30k) | ($30k) | ($27k) | $0 | $0 | ($12.9m) | ($409.5m) | ($201.0m) | $0 | $0 | — | |
| Dividends paid | ($20.2m) | ($20.8m) | ($31.4m) | ($30.7m) | ($7.7m) | $0 | ($203.6m) | ($228.3m) | ($326.6m) | ($389.6m) | ($407.5m) | |
| Proceeds from (Payments for) Other Financing Activities | — | — | — | $0 | $0 | ($1.0m) | ($10.6m) | ($40.2m) | $889k | ($6.3m) | — | |
| Net Cash Provided by (Used in) Financing Activities | $1.4b |
$1.5b
+9.55%
|
$859.0m
-43.97%
|
($249.5m)
-129.04%
|
$31.7m
+112.71%
|
$506.0m
+1495.71%
|
($699.1m)
-238.15%
|
($242.9m)
+65.26%
|
($1.1b)
-363.59%
|
($2.4b)
-110.71%
|
($3.5b)
-48.31%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | — | — | — | ($1.4b) | $121.1m | ($91.3m) | $112.9m | |
| Cash and cash equivalents at beginning of year | $1.6b | $1.1b | $3.5m | $4.6m | $18.2m | $114.0m | $1.5b | $81.0m | $202.1m | $110.8m | $555.5m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | $3.5m | $4.6m | $18.2m | $114.0m | $1.5b | $81.0m | $202.1m | $110.8m | $112.9m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | $144.7m | $189.4m | $261.0m | $198.6m | $195.7m | $280.5m | $236.8m | $213.1m | $401.8m | $455.1m | — | |
| Income Taxes Paid, Net | ($41.1m) | $3.6m | ($3.7m) | ($1.7m) | ($448.9m) | $19.2m | $20.8m | $13.3m | $8.0m | ($79.0m) | — | |
| Additional Financial Items | ||||||||||||
| Asset Retirement Obligation, Accretion Expense | $9.7m | $13.7m | $17.5m | $13.7m | $22.5m | $30.7m | $36.6m | $47.7m | $68.5m | $76.7m | — | |
| Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal | — | — | — | — | — | — | — | — | $764.0m | $31.2m | — | |
| Gain (Loss) on Sale of Derivatives | — | — | — | ($22.6m) | $46.7m | $66.5m | ($14.2m) | $322.7m | $42.4m | $44.8m | — | |
| Goodwill | — | $2.0b | $0 | — | — | — | — | — | $2.1b | $2.1b | $55.3m | |
| Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent | ($453.0m) | — | ($2.4b) | ($1.2b) | ($967.2m) | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | ($131.1m) | $1.9b | ($2.4b) | ($1.2b) | ($967.2m) | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest | $0 | — | $373.8m | $0 | $0 | — | — | — | — | — | — | |
| Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent | — | — | $136.4m | $0 | $0 | — | — | — | — | — | — | |
| Income Tax Expense (Benefit) | ($263.5m) | ($1.1b) | ($696.5m) | ($375.8m) | ($298.9m) | ($434.2m) | $553.7m | $369.0m | $22.1m | $651.9m | — | |
| Interest Expense Nonoperating | — | — | — | — | — | — | — | — | $454.8m | $438.7m | — | |
| Operating Costs and Expenses | $73.3m | $88.9m | — | — | — | — | — | — | $110.4m | $225.1m | — | |
| Pension Cost (Reversal of Cost) | $9.4m | $0 | $0 | — | — | — | — | — | — | — | — | |
| Proceeds from Noncontrolling Interests | — | $6.7m | $0 | $0 | $7.5m | $7.5m | $15.0m | — | — | — | — | |
| Proceeds from (Payments to) Noncontrolling Interests | — | — | — | — | — | — | — | ($7.3m) | ($1.6m) | — | — | |
| Public Utilities, Allowance for Funds Used During Construction, Capitalized Cost of Equity | $19.4m | $5.1m | — | — | — | — | — | — | — | — | — | |
| Realized Investment Gains (Losses) | — | — | — | — | $187.2m | $0 | $0 | — | — | — | — | |
| Restructuring Costs | — | — | — | — | $5.4m | $7.5m | $767k | — | — | — | — | |
| (Gain) loss on sale/exchange of long-lived assets | — | — | — | — | — | — | ($8.4m) | $17.4m | ($764.0m) | ($31.2m) | — | |
| Gain on derivatives | — | — | — | — | — | $3.8b | $4.6b | ($1.8b) | ($51.1m) | ($291.0m) | — | |
| Net cash settlements (paid) received on derivatives | — | — | — | — | — | ($2.1b) | ($5.9b) | $900.6m | $1.2b | ($83.4m) | — | |
| Net premiums paid on derivatives | — | $0 | $0 | $22.6m | ($46.7m) | ($66.5m) | $14.2m | ($322.7m) | ($42.4m) | ($44.8m) | — | |
| Income tax receivable and payable | — | — | ($117.2m) | ($167.3m) | $322.8m | ($23.9m) | $0 | ($5.1m) | ($7.9m) | $73.0m | — | |
| Other items, net | ($48.2m) | $15.0m | ($20.4m) | ($6.8m) | ($49.5m) | ($24.7m) | $38.2m | ($171.7m) | $7.4m | ($201.9m) | — | |
| Net cash received for sale/exchange of assets | — | — | — | — | — | — | — | $4.2m | $1.7b | $10.2m | — | |
| Proceeds from net settlement of Capped Call Transactions (Note 7) | — | — | — | — | — | — | $0 | $0 | $93.3m | $0 | — | |
| Net proceeds from the sale of units of the Midstream Joint Venture (Note 9) | — | — | — | — | — | — | $0 | $0 | $3.4b | ($1.1m) | — | |
| Net distributions to noncontrolling interest | $0 | $0 | ($175.0m) | $0 | $0 | $0 | ($11.6m) | ($7.3m) | ($1.6m) | ($359.7m) | — | |
| Net change in cash and cash equivalents | ($497.7m) | ($956.2m) | ($143.8m) | $1.1m | $13.6m | $95.8m | $1.3b | ($1.4b) | $121.1m | ($91.3m) | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.