EQT Corporation Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Net Income	2,326	242.12	1,735	1,781	-1,142
Depreciation & Amortization	2,600	2,162	1,732	1,666	1,677
Stock-Based Compensation	60.78	158.34	49.83	45.2	28.17
Other Adjustments	369.2	545.97	-721.3	-125.77	1,466
Change in Receivables	-353.47	-220.45	867.68	-168.98	-699.99
Changes in Accounts Payable	207.07	16.51	-406.11	181.46	456.99
Changes in Income Taxes Payable	73.03	-7.91	-5.12	-	-
Changes in Other Operating Activities	-156.71	-69.96	-72.81	86.75	-123.7
Operating Cash Flow	5,126	2,827	3,179	3,466	1,662
Operating Cash Flow Growth	81.32%	-11.07%	-8.27%	108.46%	8.11%
Capital Expenditures	-2,288	-2,254	-2,019	-1,400	-1,055
Sale of Property, Plant & Equipment	10.23	1,696	4.2	8.57	2.45
Proceeds from Sale of Investments	-	-	-	189.25	24.37
Payments for Business Acquisitions	-483.52	-874.27	-2,272	-205.35	-1,030
Other Investing Activities	-83.19	-148.13	-26.94	-13.78	-14.2
Investing Cash Flow	-2,845	-1,580	-4,314	-1,422	-2,073
Short-Term Debt Issued	3,529	6,887	1,007	10,242	8,086
Short-Term Debt Repaid	-3,640	-7,451	-1,007	-10,242	-8,386
Net Short-Term Debt Issued (Repaid)	-110.8	-564.2	-	-	-300
Long-Term Debt Issued	-	750	1,250	1,000	1,000
Long-Term Debt Repaid	-1,402	-4,314	-1,016	-917.04	-154.34
Net Long-Term Debt Issued (Repaid)	-1,402	-3,564	234.16	82.96	845.66
Issuance of Common Stock	-1.14	3,410	-	-	-
Repurchase of Common Stock	-54.18	-102.87	-242.81	-434.26	-12.92
Net Common Stock Issued (Repurchased)	-55.31	3,308	-242.81	-434.26	-12.92
Common Dividends Paid	-389.63	-326.58	-228.34	-203.63	-
Other Financing Activities	-414.98	21.25	-5.88	-144.2	-26.7
Financing Cash Flow	-2,372	-1,126	-242.86	-699.13	506.05
Net Cash Flow	-91.3	121.12	-1,378	1,345	95.75
Free Cash Flow	2,838	573.26	1,160	2,065	607.32
Free Cash Flow Growth	394.98%	-50.57%	-43.84%	240.04%	22.57%
FCF Margin	32.83%	10.87%	16.79%	27.54%	19.82%
Free Cash Flow Per Share	4.61	1.11	2.81	5.08	1.88
Levered Free Cash Flow	962.18	-4,050	1,198	2,388	357.78
Unlevered Free Cash Flow	2,974	475.31	1,138	2,607	-34.96

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.