EQT CorporationEQT
NYSE•Energy•Oil & Gas E&P
Understand cash generation quality and how management allocates capital.
Free cash flow was $2.46B in the latest quarter (97.9% increase YoY). FCF margin is 23.9%. Shares outstanding increased by 4.5% year-over-year, indicating dilution (potentially from stock compensation or capital raises). Free cash flow is the lifeblood of a business — it funds dividends, buybacks, debt reduction, and reinvestment without relying on external capital.
Free cash flow, earnings quality, and capital allocation