Forward PE Ratio: 11.23
The forward PE ratio is 11.23 as of Thursday, July 9, 2026.
Forward PE Ratio (11.23) = Close Price ($50.15) / Consensus Forward EPS ($4.56)
EQT Forward PE Ratio Metrics
FORWARD PE RATIO
11.23
EQT Competitors' Forward PE Ratio
EQT Corporation
Market Cap
$31.37B
Forward PE Ratio
11.23
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| EQT Corporation (EQT) | $31.37B | 11.23 |
| Venture Global, Inc. (VG)vs › | $30.60B | 8.64 |
| Tenaris S.A. (TS)vs › | $29.47B | 14.59 |
| Halliburton Company (HAL)vs › | $28.50B | 14.80 |
| Texas Pacific Land Corporation (TPL)vs › | $26.95B | 43.04 |
| Devon Energy Corporation (DVN)vs › | $26.11B | 8.09 |
| Coterra Energy Inc. (CTRA)vs › | $24.72B | 11.28 |
| First Solar, Inc. (FSLR)vs › | $24.55B | 12.65 |
| Expand Energy Corporation (EXE)vs › | $21.28B | 10.28 |
| Cameco Corporation (CCJ)vs › | $41.70B | 59.68 |
Trailing vs Forward
Trailing P/E
9.5
reported TTM EPS
Forward P/E
11.2
consensus next-FY EPS
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $4.56 implies -15.6% EPS decline vs the reported trailing $5.40.
Forward P/E by Fiscal Year
View All Analyst EstimatesAt today's $50.15 close, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $4.56 | $3.97 – $5.43 | 12 | 11.0x |
| 2027-12-31 | $4.39 | $3.99 – $5.80 | 10 | 11.4x |
| 2028-12-31 | $5.41 | $3.60 – $7.44 | 9 | 9.3x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
Forward PE Ratio Formula & Definition
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Forward PE Ratio FAQ
- What is the forward PE ratio for EQT Corporation (EQT)?
- The forward PE ratio for EQT stock is 11.23.
Related Metrics
About EQT Corporation
EQT Corporation primarily functions as an extractor of natural gas within the United States. In addition to natural gas, the firm also obtains various natural gas liquids (NGLs), specifically ethane, propane, isobutane, butane, and natural gasoline. By the end of 2021, EQT possessed certified reserves amounting to 25.0 trillion cubic feet of natural gas, NGLs, and crude oil. These reserves are situated across roughly 2.0 million gross acres, with a significant 1.7 million gross acres located within the Marcellus shale formation. The company, which dates back to its founding in 1878, has its principal offices in Pittsburgh, Pennsylvania.
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- CEO
- Toby Z. Rice