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Side-by-side financial comparison of EQT Corporation (EQT) and Ralph Lauren Corporation (RL). Click either name above to swap in a different company.

EQT Corporation is the larger business by last-quarter revenue ($3.4B vs $2.4B, roughly 1.4× Ralph Lauren Corporation). EQT Corporation runs the higher net margin — 44.0% vs 15.0%, a 29.0% gap on every dollar of revenue. On growth, EQT Corporation posted the faster year-over-year revenue change (94.2% vs 12.2%). EQT Corporation produced more free cash flow last quarter ($1.9B vs $704.0M). Over the past eight quarters, EQT Corporation's revenue compounded faster (94.9% CAGR vs 23.9%).

EQT Corporation is a leading independent natural gas exploration and production company headquartered in Pittsburgh, Pennsylvania, U.S. It mainly operates in the Appalachian Basin, producing natural gas, natural gas liquids and crude oil to supply energy for residential, commercial, industrial and power generation needs across North American markets.

Ralph Lauren is an American fashion designer, philanthropist, and billionaire businessman, best known for founding the brand Ralph Lauren, a global multibillion-dollar enterprise. He stepped down as CEO of the company in September 2015 but remains executive chairman and chief creative officer. As of May 2025, his net worth is estimated at US$11.9 billion.

EQT vs RL — Head-to-Head

Bigger by revenue
EQT
EQT
1.4× larger
EQT
$3.4B
$2.4B
RL
Growing faster (revenue YoY)
EQT
EQT
+82.0% gap
EQT
94.2%
12.2%
RL
Higher net margin
EQT
EQT
29.0% more per $
EQT
44.0%
15.0%
RL
More free cash flow
EQT
EQT
$1.2B more FCF
EQT
$1.9B
$704.0M
RL
Faster 2-yr revenue CAGR
EQT
EQT
Annualised
EQT
94.9%
23.9%
RL

Income Statement — Q1 FY2026 vs Q3 FY2026

Metric
EQT
EQT
RL
RL
Revenue
$3.4B
$2.4B
Net Profit
$1.5B
$361.6M
Gross Margin
69.9%
Operating Margin
60.3%
19.6%
Net Margin
44.0%
15.0%
Revenue YoY
94.2%
12.2%
Net Profit YoY
392.7%
21.6%
EPS (diluted)
$2.36
$5.82

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQT
EQT
RL
RL
Q1 26
$3.4B
Q4 25
$2.4B
$2.4B
Q3 25
$2.0B
$2.0B
Q2 25
$2.6B
$1.7B
Q1 25
$1.7B
$1.7B
Q4 24
$1.6B
$2.1B
Q3 24
$1.3B
$1.7B
Q2 24
$889.5M
$1.5B
Net Profit
EQT
EQT
RL
RL
Q1 26
$1.5B
Q4 25
$677.1M
$361.6M
Q3 25
$335.9M
$207.5M
Q2 25
$784.1M
$220.4M
Q1 25
$242.1M
$129.0M
Q4 24
$418.4M
$297.4M
Q3 24
$-300.8M
$147.9M
Q2 24
$9.5M
$168.6M
Gross Margin
EQT
EQT
RL
RL
Q1 26
Q4 25
83.8%
69.9%
Q3 25
80.7%
68.0%
Q2 25
84.8%
72.3%
Q1 25
78.3%
68.7%
Q4 24
76.2%
68.4%
Q3 24
65.7%
67.0%
Q2 24
38.9%
70.5%
Operating Margin
EQT
EQT
RL
RL
Q1 26
60.3%
Q4 25
42.5%
19.6%
Q3 25
30.8%
12.2%
Q2 25
44.3%
15.9%
Q1 25
28.5%
9.1%
Q4 24
48.1%
18.2%
Q3 24
-22.0%
10.4%
Q2 24
0.3%
13.8%
Net Margin
EQT
EQT
RL
RL
Q1 26
44.0%
Q4 25
28.4%
15.0%
Q3 25
17.1%
10.3%
Q2 25
30.7%
12.8%
Q1 25
13.9%
7.6%
Q4 24
25.8%
13.9%
Q3 24
-23.4%
8.6%
Q2 24
1.1%
11.1%
EPS (diluted)
EQT
EQT
RL
RL
Q1 26
$2.36
Q4 25
$1.08
$5.82
Q3 25
$0.53
$3.32
Q2 25
$1.30
$3.52
Q1 25
$0.40
$2.03
Q4 24
$0.74
$4.66
Q3 24
$-0.54
$2.31
Q2 24
$0.02
$2.61

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQT
EQT
RL
RL
Cash + ST InvestmentsLiquidity on hand
$326.6M
$2.3B
Total DebtLower is stronger
$507.5M
Stockholders' EquityBook value
$28.8B
$2.9B
Total Assets
$41.7B
$7.8B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQT
EQT
RL
RL
Q1 26
$326.6M
Q4 25
$110.8M
$2.3B
Q3 25
$235.7M
$1.6B
Q2 25
$555.5M
$2.3B
Q1 25
$281.8M
$2.1B
Q4 24
$202.1M
$2.1B
Q3 24
$89.0M
$1.7B
Q2 24
$30.0M
$1.8B
Total Debt
EQT
EQT
RL
RL
Q1 26
$507.5M
Q4 25
$7.8B
Q3 25
$8.2B
Q2 25
$8.3B
Q1 25
$8.4B
Q4 24
$9.3B
Q3 24
$13.8B
Q2 24
$5.0B
Stockholders' Equity
EQT
EQT
RL
RL
Q1 26
$28.8B
Q4 25
$23.8B
$2.9B
Q3 25
$23.2B
$2.6B
Q2 25
$21.4B
$2.5B
Q1 25
$20.7B
$2.6B
Q4 24
$20.6B
$2.5B
Q3 24
$20.3B
$2.4B
Q2 24
$15.1B
$2.4B
Total Assets
EQT
EQT
RL
RL
Q1 26
$41.7B
Q4 25
$41.8B
$7.8B
Q3 25
$41.2B
$7.3B
Q2 25
$39.7B
$7.8B
Q1 25
$39.7B
$7.0B
Q4 24
$39.8B
$7.1B
Q3 24
$39.9B
$6.8B
Q2 24
$24.7B
$6.6B
Debt / Equity
EQT
EQT
RL
RL
Q1 26
0.02×
Q4 25
0.33×
Q3 25
0.35×
Q2 25
0.39×
Q1 25
0.41×
Q4 24
0.45×
Q3 24
0.68×
Q2 24
0.33×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQT
EQT
RL
RL
Operating Cash FlowLast quarter
$3.1B
$779.6M
Free Cash FlowOCF − Capex
$1.9B
$704.0M
FCF MarginFCF / Revenue
57.6%
29.3%
Capex IntensityCapex / Revenue
18.0%
3.1%
Cash ConversionOCF / Net Profit
2.05×
2.16×
TTM Free Cash FlowTrailing 4 quarters
$3.5B
$694.5M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQT
EQT
RL
RL
Q1 26
$3.1B
Q4 25
$1.1B
$779.6M
Q3 25
$1.0B
$53.2M
Q2 25
$1.2B
$176.1M
Q1 25
$1.7B
$122.2M
Q4 24
$756.3M
$738.4M
Q3 24
$593.0M
$97.2M
Q2 24
$322.0M
$277.3M
Free Cash Flow
EQT
EQT
RL
RL
Q1 26
$1.9B
Q4 25
$512.7M
$704.0M
Q3 25
$391.3M
$-40.6M
Q2 25
$692.1M
$-11.2M
Q1 25
$1.2B
$42.3M
Q4 24
$164.7M
$677.2M
Q3 24
$23.5M
$55.5M
Q2 24
$-236.1M
$243.9M
FCF Margin
EQT
EQT
RL
RL
Q1 26
57.6%
Q4 25
21.5%
29.3%
Q3 25
20.0%
-2.0%
Q2 25
27.1%
-0.7%
Q1 25
71.4%
2.5%
Q4 24
10.1%
31.6%
Q3 24
1.8%
3.2%
Q2 24
-26.5%
16.1%
Capex Intensity
EQT
EQT
RL
RL
Q1 26
18.0%
Q4 25
25.7%
3.1%
Q3 25
32.0%
4.7%
Q2 25
21.5%
10.9%
Q1 25
28.7%
4.7%
Q4 24
36.4%
2.9%
Q3 24
44.4%
2.4%
Q2 24
62.7%
2.2%
Cash Conversion
EQT
EQT
RL
RL
Q1 26
2.05×
Q4 25
1.66×
2.16×
Q3 25
3.03×
0.26×
Q2 25
1.58×
0.80×
Q1 25
7.19×
0.95×
Q4 24
1.81×
2.48×
Q3 24
0.66×
Q2 24
33.84×
1.64×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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