EQT (EQT) 10-K Summary — Year Ended Dec 31, 2024
This annual report covers the most recent fiscal year. The company reported a decline in revenue, positive net income, and strong operating cash flow.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
This annual report covers the most recent fiscal year. The company reported a decline in revenue, positive net income, and strong operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$5.3B
Revenue reported for the fiscal year.
Operating income
$685.3M
Income from operations reported for the year.
Net income
$230.6M
Net income reported for the year.
Operating cash flow
$2.8B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $6.8B | n/a |
| Dec 31, 2022 | $7.5B | +10.2% |
| Dec 31, 2023 | $6.9B | -7.9% |
| Dec 31, 2024 | $5.3B | -23.7% |
Business overview
The company's business is described in Item 1 of the filing, covering its operations in the energy sector.
Financial performance
Revenue decreased compared to the prior year, while net income and operating income were positive. Operating cash flow remained substantial.
Material risks
The filing outlines material risks in the Risk Factors section, including market conditions and operational uncertainties.
Liquidity and capital
The company's liquidity is supported by its operating cash flow, with capital allocation decisions discussed in the Management's Discussion and Analysis.
What to watch
Readers should monitor future filings for changes in revenue trends and the resolution of key risk factors.