EQT
EQT returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 9.36% | 10.53% | 95.28% | 11.62% | 6.7% | 1.7 pp |
| FY 2026 Q1 | Mar 31, 2026 | 11.15% | 12.61% | 148.54% | 14.33% | 8.07% | 3.5 pp |
| FY 2025 Q4 | Dec 31, 2025 | 7.42% | 8.48% | 115.8% | 9.2% | 5% | -0.3 pp |
| FY 2025 Q3 | Sep 30, 2025 | 6.76% | 7.85% | 302.13% | 8.19% | 4.39% | -0.9 pp |
| FY 2025 Q2 | Jun 30, 2025 | 6.32% | 7.05% | 5.88% | 6.26% | 3.55% | -1.4 pp |
| FY 2025 Q1 | Mar 31, 2025 | 3.25% | 3.35% | 0.15% | 2.06% | 1.13% | -4.4 pp |
| FY 2024 Q4 | Dec 31, 2024 | 2.33% | 2.26% | -9.92% | 1.3% | 0.71% | -5.4 pp |
| FY 2024 Q3 | Sep 30, 2024 | 2.13% | 2.08% | -17.81% | 1.82% | 0.97% | -5.6 pp |
| FY 2024 Q2 | Jun 30, 2024 | 5.17% | 4.39% | -61.54% | 5.13% | 3.03% | -2.5 pp |
| FY 2024 Q1 | Mar 31, 2024 | 4.71% | 4.11% | -86.71% | 4.55% | 2.58% | -3 pp |
| FY 2023 Q4 | Dec 31, 2023 | 10.62% | 10.97% | -3.26% | 13.38% | 7.24% | 2.9 pp |
| FY 2023 Q3 | Sep 30, 2023 | 18% | 20.4% | 16.1% | 24.73% | 12.51% | 10.3 pp |
| FY 2023 Q2 | Jun 30, 2023 | 25.12% | 27.93% | — | 33.68% | 16.16% | 17.4 pp |
| FY 2023 Q1 | Mar 31, 2023 | — | 36.32% | — | 44.39% | 20.25% | — |
| FY 2022 Q4 | Dec 31, 2022 | 13.44% | 15.33% | — | 16.71% | 8% | 5.7 pp |
| FY 2022 Q3 | Sep 30, 2022 | — | 18.02% | — | 20.82% | 8.17% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | -4.42% | — | -9.26% | -3.86% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | -21.37% | — | -30.23% | -13.2% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | -8.28% | — | -11.99% | -5.82% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | -23.3% | — | -33.85% | -14.26% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | -11.48% | — | -17.08% | -8.18% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | -5.93% | — | -8.92% | -4.58% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | -5.19% | — | -10.15% | -5.24% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | -14.43% | — | -22.36% | -11.7% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | -10.66% | — | -19.03% | -10.23% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | -6.82% | — | -15.21% | -8.11% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | -6.43% | — | -11.77% | -6.18% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | -1.17% | — | -6.22% | -2.79% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | -0.12% | — | -3.14% | -1.46% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | -1% | — | -4.09% | -1.95% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | — | — | — | — | — |
| FY 2018 Q3 | Sep 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | — | — | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · EQT, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.