EQT (EQT) FY2021 results: revenue $3.1 billion, up 0.2% on the year
EQT Corp. (EQT) reported revenue of $3.1 billion for fiscal 2021, the year ended 31 December 2021, up 0.2% on the year before. Net income was -$1.1 billion, and diluted earnings per share $-3.54. The figures are the company's own, from the 10-K it filed with the SEC on 10 February 2022.
Revenue
$3.1 billion
+0.2% on the year
FY2011FY2021
Operating margin
-44.4%
-28.7% a year earlier
FY2011FY2021
Net income
-$1.1 billion
FY2011FY2021
Diluted EPS
-$3.54
FY2011FY2021
this yearthe year beforeHover a bar for its figure.
$ million except per share. Read moreFree cash flow is operating cash flow less capital expenditure; the effective tax rate is income tax over pre-tax income; margins are the line over revenue. Gross profit is revenue less cost of revenue, and operating income is revenue less the company's own total costs, where the statement does not print those lines. Those four are arithmetic on the filed numbers; everything else is as filed. Money is in $ million as the company files it, or in $ billion by the switch above the tables; per share figures and share counts are as they are.
Cash flow
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Operating cash flow
1,662
1,538
1,852
+8.1%
Capital expenditure
1,055
1,042
1,602
+1.2%
Free cash flow
607
495
249
+22.6%
Free cash flow margin
19.8%
16.2%
5.6%
Cash from investing
-2,073
-1,556
-1,601
Cash from financing
506
31.7
-249
+1,495.7%
Depreciation and amortisation
1,677
1,393
1,539
+20.3%
Share-based compensation
28.2
19.6
31.2
+44.1%
Buybacks
12.9
0.0
0.0
Dividends paid
0.0
7.7
30.7
Dividend per share
n/a
$0.03
$0.12
Diluted shares, weighted
323m
261m
255m
+24.0%
Balance sheet
$ million
FY2021
FY2020
FY2019
On the year
Last 8 years
Shareholders' equity
9,955
9,167
9,804
+8.6%
Non-controlling interest
16.2
7.5
0.0
+116.8%
Debt
5,591
5,051
5,293
+10.7%
Other liabilities
6,045
3,888
3,713
+55.5%
Total liabilities and equity
21,607
18,113
18,809
+19.3%
Fixed assets
18,419
16,054
16,155
+14.7%
Intangible assets
n/a
0.0
26.0
Cash and equivalents
114
18.2
4.6
+525.8%
Receivables
1,438
567
610
+153.8%
Other assets
1,636
1,474
2,013
+11.0%
Total assets
21,607
18,113
18,809
+19.3%
10-K for the year ended 31 December 2021, filed 10 February 2022: the filing.