Using the latest TTM figures, EQT shows a gross margin of 76.4%, an operating margin of 41.8%, an EBITDA margin of 69.2%, and a net margin of 28.4%. Net margin had the largest improvement, increasing by 5.8 percentage points, while the other available margins also improved.
EQT margin history
Over the last 3 years, EQT recorded average margins of 66.25% gross, 28.66% operating, 60.53% EBITDA, and 17.98% net. The current gross, operating, EBITDA, and net margins are all above their three-year averages.
EQT margin expansion
All available margins expanded year over year, led by net margin with an increase of 5.8 percentage points.
EQT Gross margin
EQT's gross margin averaged 66.25% in the last 3 years. The current gross margin stands at 76.4%, 10.2 percentage points above its three-year average. Over the last 3 years, EQT's gross margin peaked at 78.6% in Mar 2026 and reached a low of 54.2% in Jun 2024.
EQT Operating margin
Looking back over the last 3 years, EQT recorded an average operating margin of 28.66%. EQT's current operating margin is 41.8% and is 13.1 percentage points above its three-year average. The highest operating margin for EQT was 46.6% in Mar 2026, while the lowest was 11% in Sep 2024.
EQT EBITDA margin
EQT's EBITDA margin averaged 60.53% in the last 3 years. Compared with its three-year average, EQT's current EBITDA margin is 69.2% and is 8.7 percentage points above its three-year average. Over the last 3 years, EQT's EBITDA margin peaked at 71.4% in Mar 2026 and reached a low of 47.9% in Mar 2024.
EQT Net margin
Over the last 3 years, the average net margin for EQT was 17.98%. Right now, EQT's current net margin is 28.4%, which is 10.4 percentage points above its three-year average. EQT's net margin ranged from a low of 4.4% in Dec 2024 to a high of 31.9% in Mar 2026.
EQT margin group comparison
With a gross margin of 76.4%, EQT ranks higher than the Energy sector, the industry and its peers average. In comparison with the Energy sector average of 42.7%, EQT's gross margin is 79% higher.
EQT margin peer comparison
Frequently asked questions
What is EQT's gross margin?
The current gross margin for EQT is 76.4% as of Sep 30, 2026.
What is EQT's operating margin?
As of Sep 30, 2026, EQT has an operating margin of 41.8%.
What is EQT's EBITDA margin?
For the period ending Sep 30, 2026, EQT recorded an EBITDA margin of 69.2%.
What is EQT's net margin?
The current net margin for EQT is 28.4% as of Sep 30, 2026.
What are the average margins of EQT?
EQT's average margins over the last 3 years were 66.3% gross, 28.7% operating, 60.5% EBITDA, and 18.0% net.
What are the highest historical margins of EQT?
Within the 5-year period, EQT recorded its highest margins at 78.6% gross in Mar 2026, 57.9% operating in Mar 2023, 72% EBITDA in Mar 2023, and 42% net in Mar 2023.
What are the lowest historical margins of EQT?
Across the 5-year period, EQT posted its lowest margins at -47.3% gross in Mar 2022, -212.2% operating in Mar 2022, -94.9% EBITDA in Mar 2022, and -170.7% net in Mar 2022.