EQT Corporation (EQT)财务
NYSE · Energy · Oil & Gas Exploration & Production · 员工1,523人 · CEO Toby Z. Rice
- 股价
- $55.38 +1.54%
- 市值
- $346亿
- 企业价值
- $401亿
- 最近财报
- Q3 '26 2026-10-28提交
- 下次财报
- 2027-02-16 EPS预期 $0.69
营收(TTM)$92.3亿+7.3% 对比去年同期最近4个季度;柱状图=各季度
营业利润率(TTM)41.9%+6.8 百分点 对比去年同期营业利润 $38.6亿
净利润(TTM)$27.9亿+56.8% 对比去年同期税后,含营业外收益
自由现金流(TTM)$38.1亿+53.1% 对比去年同期资本支出 $25亿
稀释EPS(TTM)$4.45+52.4% 对比去年同期最近4个季度之和
净现金-$54.7亿+28.9% 对比去年同期现金 + 短期投资 - 债务
估值与关键数据
- 市值
- $346亿 EV $401亿
- 营收
- $92.3亿 过去12个月
- 营收增速
- -1% FY2026年一致预期
- 净利润率
- 30.2% 净利润 / 营收,TTM
- P/E
- 12.4× 预期 14.7×(FY2026)
- P/S
- 3.8× 股价 / 营收,TTM
- EV / EBITDA
- 6.0× TTM
- 自由现金流
- $38.1亿 过去12个月
- 净利润
- $27.9亿 过去12个月
- 营收预期
- $90亿 FY2026年一致预期
- 盈利
- 2027-02-16 营收预期 $20.8亿
- 股息
- $0.66 每股,过去12个月
核心要点
根据披露数据计算,每条结论都附有其依据的数字。
- 最近财报(2026-10-27):营收符合预期,EPS 超预期14.4%营收$17.7亿,预期$17.6亿(+0.3%);EPS $0.42,预期$0.37(+14.4%)。
- 营收增长放缓:同比-2.9%Q3 '26营收$17.7亿,此前四个季度的平均值为21.5%。
- 营业利润率41.9%(TTM),较去年同期+6.8 百分点营收增长7.3%,营业利润增长28.2%。
- 资本支出占营收的27.1%(去年为26.3%)最近4个季度投入$25亿(同比+10.3%)。自由现金流$38.1亿,相当于净利润的136.6%。
- 股东回报$4.12亿 = 自由现金流的10.8%回购$0(去年为$0),股息$4.12亿,股权激励$6770万(TTM)。
- 稀释股数一年内增加0.1%Q3 '26稀释股数6.29亿,一年前为6.28亿。
- 净债务 $54.7亿现金 + 短期投资 $7870万,含租赁债务 $55.5亿;一年前净债务 $77亿。
上一季度:Q3 '26
截至2026-09-30的季度。与去年同期及财报发布前的分析师一致预期对比。
本季度与去年同期
| Q3 '26 | 去年同期 | 变化 | |
|---|---|---|---|
| 营收 | $17.7亿 | $18.2亿 | -2.9% |
| 毛利率 | 73.4% | 36.2% | +37.2 百分点 |
| 营业利润 | $4.59亿 | $6.03亿 | -23.8% |
| 营业利润率 | 26.0% | 33.1% | -7.1 百分点 |
| 净利润 | $2.79亿 | $3.36亿 | -17.0% |
| 稀释EPS | $0.44 | $0.53 | -17.0% |
| 经营现金流 | $10.8亿 | $10.2亿 | +6.4% |
| 资本支出 | $6.47亿 | $6.26亿 | +3.4% |
| 自由现金流 | $4.36亿 | $3.91亿 | +11.4% |
| R&D | $0 | $0 | – |
| 股权激励费用 | $2530万 | $1530万 | +65.3% |
实际 vs 一致预期
2026-10-27| 实际 | 一致预期 | 对比预期 | |
|---|---|---|---|
| 营收 | $17.7亿 | $17.6亿 | +0.3% |
| EPS(一致预期口径) | $0.42 | $0.37 | +14.4% |
来自2026-10-27发布的Q3 '26财报：营收及分析师预期口径的EPS（通常为调整后），可能与上方报表中的EPS不同。
EPS与一致预期
最近8次财报营收
收入从何而来,按业务线和地区逐季展示。
营收、营业利润与增速
季度按业务线划分的营收
堆叠,季度| 分部 | Q4 '24 | 同比 | 占比 | TTM | TTM同比 | 12个季度 |
|---|---|---|---|---|---|---|
| Oil Sales | $49.2亿 | +17,356.7% | 100.0% | – | – | |
| Natural Gas Sales | – | – | – | – | – | |
| NGLs Sales | – | – | – | – | – |
分部利润
取自每份10-Q / 10-K分部附注的各披露分部营业利润(多数数据源缺少的利润拆分)。
Q3 '26分部
| 分部 | 营收 | 同比 | 营业利润 | 同比 | 利润率 | 去年同期利润率 | TTM营业利润 |
|---|---|---|---|---|---|---|---|
| EQT Production Segment | – | – | – | – | – | – | – |
| EQM Gathering Segment | – | – | – | – | – | – | – |
| EQM Transmission Segment | – | – | – | – | – | – | – |
| Production Segment | – | – | – | – | – | – | – |
| Gathering Segment | – | – | $2.08亿 | +2.9% | – | – | $8.41亿 |
| Transmission Segment | – | – | $7780万 | -8.9% | – | – | $3.83亿 |
| Material Reconciling Items | – | – | – | – | – | – | – |
| Upstream Segment | – | – | $2.2亿 | -40.7% | – | – | $28亿 |
| Corporate And Reconciling Items | – | – | -$4650万 | +15.7% | – | – | – |
各分部营业利润
季度各分部营业利润率
季度第四季度为推算值:10-K披露全年数据,减去10-Q的前三个季度。
利润率与成本结构
每一单位营收在各层级还剩多少,成本又花在哪里。
利润率
季度成本占营收比例
季度现金流与资本配置
创造了多少现金,用在何处,又有多少回到股东手中。
经营现金流、资本支出、自由现金流
季度现金用途与经营现金流
财年最近4个季度
现金流量表- 经营现金流
- $63.1亿
- 资本支出
- -$25亿
- 股票回购
- $0
- 股息
- -$4.12亿
- 收购
- -$6800万
- 债务净发行
- -$26.8亿
- 股权激励费用
- $6770万
- 自由现金流
- $38.1亿
- 股东回报 / FCF
- 10.8%
股数与EPS
季度,稀释资产负债表
各季度末的流动性、投资和债务。
现金、投资与债务
季度末估值与回报
当前估值倍数与公司自身过去五个财年对比;分析师目标价与评级。
估值倍数与回报
TTM与过去5个财年| 当前 | 5年均值 | 当前处于5年区间的位置 | |
|---|---|---|---|
| P/E(TTM) | 12.4× | 33.5× 5年中的4年 | 7.1× – 102.5× |
| EV / EBITDA | 6.0× | 11.3× | 3.9× – 29.3× |
| EV / 营收 | 4.3× | 3.6× | 1.4× – 6.3× |
| 股价 / FCF | 9.1× | 16.6× | 6.1× – 41.0× |
| 股价 / 净资产 | 1.4× | 1.1× | 0.7× – 1.4× |
| FCF收益率 | 11.0% | 8.8% | 2.4% – 16.5% |
| 投入资本回报率 | 7.6% | 4.3% | -5.3% – 10.7% |
| 净资产收益率 | 11.2% | 5.2% | -11.5% – 15.9% |
分析师
一致目标价 $66.75 (+20.5%)
区间 $54.00 – $75.00 · 评级 Buy
强烈买入0
买入31
持有15
卖出0
强烈卖出0
展望
分析师对未来财年的一致预期,以及按当前股价意味着什么。
一致预期
| 财年 | 营收 | 增速 | EPS | 增速 | 按当前股价的P/E | 分析师(EPS) |
|---|---|---|---|---|---|---|
| FY2026 | $90亿 | -0.8% | $3.77 | +14.0% | 14.7× | 13 |
| FY2027 | $108亿 | +20.4% | $3.57 | -5.5% | 15.5× | 7 |
| FY2028 | $129亿 | +19.2% | $5.05 | +41.5% | 11.0× | 7 |
| FY2029 | $143亿 | +10.8% | $5.71 | +13.1% | 9.7× | 2 |
| FY2030 | $155亿 | +8.5% | $5.82 | +2.0% | 9.5× | 4 |
财务报表
利润表、资产负债表和现金流量表的每一项,含12个季度和10个财年,以金额、占营收比例或增速展示。
全部披露项目
EQT Corporation在近期10-Q / 10-K文件中标记的全部295项数据,附SEC官方标签和定义,包括附注(租赁、税务、回购、员工等)。
| 项目(SEC标签) | 最近季度 | 去年同期 | 同比 | 最近财年 | 上一财年 | 同比 |
|---|---|---|---|---|---|---|
| Accounts Payable, Current | $11.4亿 | $11.2亿 | +1.7% | $13.7亿 | $11.8亿 | +16.1% |
| Accounts Receivable, after Allowance for Credit Loss, Current | $7.26亿 | $8.04亿 | -9.7% | $14.6亿 | $11.3亿 | +28.7% |
| Accounts Receivable, Allowance for Credit Loss, Current | $583万 | $113万 | +417.3% | $309万 | $1250万 | -75.4% |
| Accrual for Taxes Other than Income Taxes, Current | $1.09亿2025-12-31 | $1.15亿 | -5.3% | $1.09亿 | $1.15亿 | -5.3% |
| Accrued Payroll Taxes, Current | $931万2025-12-31 | $1210万 | -23.1% | $931万 | $1210万 | -23.1% |
| Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment | $164亿 | $143亿 | +15.1% | $149亿 | $128亿 | +16.9% |
| Accumulated Other Comprehensive Income (Loss), Net of Tax | -$179万 | -$217万 | +17.6% | -$217万 | -$232万 | +6.4% |
| Amortization of Intangible Assets | – | – | – | $1330万 | $590万 | +125.4% |
| Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount | 365万 | 70.2万 | +420.5% | 43万2017-12-31 | – | – |
| Asset Impairment Charges | $4180万2025-12-31 | $3840万 | +8.7% | $5120万 | $9740万 | -47.5% |
| Asset Retirement Obligation | $10.2亿2025-12-31 | $10亿 | +1.6% | $10.2亿 | $10亿 | +1.6% |
| Asset Retirement Obligation, Accretion Expense | – | – | – | $7670万 | $6850万 | +12.0% |
| Asset Retirement Obligation, Liabilities Incurred | – | – | – | $3140万 | $2160万 | +45.4% |
| Asset Retirement Obligation, Liabilities Settled | – | – | – | $5220万 | $6670万 | -21.8% |
| Asset Retirement Obligation, Period Increase (Decrease) | $153万 | $708万 | -78.4% | $7540万 | $7360万 | +2.5% |
| Asset Retirement Obligation, Revision of Estimate | – | – | – | $4390万 | $5200万 | -15.5% |
| Assets | $414亿 | $412亿 | +0.6% | $418亿 | $398亿 | +4.9% |
| Assets, Current | $11.1亿 | $12.7亿 | -12.4% | $19亿 | $17.1亿 | +10.5% |
| Business Combination, Acquisition Related Costs | – | – | – | $3580万 | $3.09亿 | -88.4% |
| Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Accounts Payable | – | – | – | $308万2025-07-01 | – | – |
| Capitalized Costs, Accumulated Depreciation, Depletion, Amortization and Valuation Allowance Relating to Oil and Gas Producing Activities | $143亿2025-12-31 | $125亿 | +14.9% | $143亿 | $125亿 | +14.9% |
| Capitalized Costs, Oil and Gas Producing Activities, Gross | $368亿2025-12-31 | $335亿 | +9.6% | $368亿 | $335亿 | +9.6% |
| Capitalized Costs, Oil and Gas Producing Activities, Net | $224亿2025-12-31 | $211亿 | +6.6% | $224亿 | $211亿 | +6.6% |
| Capitalized Costs, Proved Properties | $351亿2025-12-31 | $320亿 | +9.8% | $351亿 | $320亿 | +9.8% |
| Capitalized Costs, Unproved Properties | $16.6亿2025-12-31 | $15.6亿 | +5.9% | $16.6亿 | $15.6亿 | +5.9% |
| Capitalized Exploratory Well Costs | $02025-12-31 | $0 | – | $0 | $0 | – |
| Cash and Cash Equivalents, at Carrying Value | $7870万 | $2.36亿 | -66.6% | $1.11亿 | $2.02亿 | -45.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | $7870万 | $2.36亿 | -66.6% | $1.11亿 | $2.02亿 | -45.2% |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | -$3410万 | -$3.2亿 | +89.3% | -$9130万 | $1.21亿 | -175.4% |
| Changes in Estimated Future Development Costs | – | – | – | $12.8亿 | $14.3亿 | -10.5% |
| Changes in Future Income Tax Expense Estimates on Future Cash Flows Related to Proved Oil and Gas Reserves | – | – | – | -$24.4亿 | $4.12亿 | -691.9% |
| Collateral Already Posted, Aggregate Fair Value | $0 | $0 | – | $0 | $0 | – |
| Common Stock, Dividends, Per Share, Declared | $0.17 | $0.16 | +4.8% | $0.64 | $0.63 | +1.2% |
| Common Stock, No Par Value | $0.00 | $0.00 | – | $0.00 | $0.00 | – |
| Common Stock, Shares Authorized | 12.8亿 | 12.8亿 | 0.0% | 12.8亿 | 12.8亿 | 0.0% |
| Common Stock, Shares, Issued | 6.26亿 | 6.24亿 | +0.2% | 6.24亿 | 5.97亿 | +4.6% |
| Common Stock, Value, Outstanding | $196亿 | $195亿 | +0.4% | $195亿 | $180亿 | +8.3% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Noncontrolling Interest | $6640万 | $7140万 | -7.0% | $2.86亿 | $1150万 | +2,382.3% |
| Comprehensive Income (Loss), Net of Tax, Attributable to Parent | $2.79亿 | $3.36亿 | -17.0% | $20.4亿 | $2.31亿 | +783.1% |
| Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest | $3.45亿 | $4.07亿 | -15.3% | $23.3亿 | $2.42亿 | +859.2% |
| Contract with Customer, Asset, after Allowance for Credit Loss, Current | $5.31亿 | $6.45亿 | -17.7% | $11.6亿 | $9.4亿 | +23.3% |
| Contract with Customer, Liability, Current | $624万2025-12-31 | $2420万 | -74.2% | $624万 | $2420万 | -74.2% |
| Cost of Goods and Services Sold | $3.71亿 | $3.77亿 | -1.7% | $15.3亿 | $19.2亿 | -20.0% |
| Costs and Expenses | $13.1亿 | $13.6亿 | -3.3% | $53.9亿 | $45.9亿 | +17.6% |
| Costs Incurred, Acquisition of Oil and Gas Properties with Proved Reserves | – | – | – | $15.2亿 | $4.11亿 | +270.7% |
| Costs Incurred, Acquisition of Unproved Oil and Gas Properties | – | – | – | $3.9亿 | $9800万 | +298.0% |
| Costs Incurred, Development Costs | – | – | – | $17.3亿 | $18.5亿 | -6.6% |
| Costs Incurred, Exploration Costs | – | – | – | $360万 | $274万 | +31.7% |
| Current Federal Tax Expense (Benefit) | – | – | – | -$730万 | $122万 | -697.1% |
| Current Income Tax Expense (Benefit) | – | – | – | -$595万 | $735万 | -181.0% |
| Current State and Local Tax Expense (Benefit) | – | – | – | $134万 | $613万 | -78.1% |
| Debt Instrument, Face Amount | $55.9亿 | $82.7亿 | -32.4% | $78.6亿 | $93.7亿 | -16.2% |
| Decrease Due to Sales of Minerals in Place | – | – | – | $305万 | $6.92亿 | -99.6% |
| Deferred Federal Income Tax Expense (Benefit) | – | – | – | $5.51亿 | -$2150万 | +2,667.2% |
| Deferred Income Tax Expense (Benefit) | – | – | – | $6.58亿 | $1470万 | +4,365.4% |
| Deferred Income Tax Liabilities, Net | $40.5亿 | $32.7亿 | +24.0% | $34.7亿 | $28.5亿 | +21.8% |
| Deferred Income Taxes and Tax Credits | $8470万 | $1.42亿 | -40.3% | $6.58亿 | $1470万 | +4,365.4% |
| Deferred State and Local Income Tax Expense (Benefit) | – | – | – | $1.07亿 | $3620万 | +195.2% |
| Deferred Tax Asset, Interest Carryforward | $4520万2025-12-31 | $1.07亿 | -57.6% | $4520万 | $1.07亿 | -57.6% |
| Deferred Tax Assets, Capital Loss Carryforwards | $2210万2025-12-31 | $4450万 | -50.4% | $2210万 | $4450万 | -50.4% |
来源:SEC companyfacts(每份10-Q / 10-K的XBRL)。现金流量表的季度数据由10-Q标记的年初至今累计数推算。分部拆分带有维度标记,在分部章节中单独展示。
数据来源
报表、分部营收、指标和预期均根据公司文件标准化。分部利润及全部披露项目:SEC EDGAR(XBRL)。 已读取的文件: 10-Q 2026-09-30, 10-Q 2026-06-30, 10-Q 2026-03-31, 10-K 2025-12-31, 10-Q 2025-09-30, 10-Q 2025-06-30, 10-Q 2025-03-31, 10-K 2024-12-31, 10-Q 2024-09-30
数据截至 2026-11-02