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Side-by-side financial comparison of EQT Corporation (EQT) and SMITHFIELD FOODS INC (SFD). Click either name above to swap in a different company.

SMITHFIELD FOODS INC is the larger business by last-quarter revenue ($3.8B vs $3.4B, roughly 1.1× EQT Corporation). EQT Corporation runs the higher net margin — 44.0% vs 6.6%, a 37.5% gap on every dollar of revenue. On growth, EQT Corporation posted the faster year-over-year revenue change (94.2% vs 0.8%). Over the past eight quarters, EQT Corporation's revenue compounded faster (94.9% CAGR vs 6.8%).

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.

Smithfield Foods, Inc., is a Hong Kong-owned pork producer and food-processing company based in Smithfield, Virginia. Founded in 1936 as the Smithfield Packing Company by Joseph W. Luter and his son, the company is the largest pig and pork producer in the world. In addition to owning over 500 farms in the US, Smithfield contracts with another 2,000 independent farms around the country to raise Smithfield's pigs. Outside the US, the company has facilities in Mexico, Poland, Romania, Germany, S...

EQT vs SFD — Head-to-Head

Bigger by revenue
SFD
SFD
1.1× larger
SFD
$3.8B
$3.4B
EQT
Growing faster (revenue YoY)
EQT
EQT
+93.4% gap
EQT
94.2%
0.8%
SFD
Higher net margin
EQT
EQT
37.5% more per $
EQT
44.0%
6.6%
SFD
Faster 2-yr revenue CAGR
EQT
EQT
Annualised
EQT
94.9%
6.8%
SFD

Income Statement — Q1 FY2026 vs Q1 FY2027

Metric
EQT
EQT
SFD
SFD
Revenue
$3.4B
$3.8B
Net Profit
$1.5B
$249.0M
Gross Margin
13.4%
Operating Margin
60.3%
8.8%
Net Margin
44.0%
6.6%
Revenue YoY
94.2%
0.8%
Net Profit YoY
392.7%
9.8%
EPS (diluted)
$2.36

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
SFD
SFD
Q1 26
$3.4B
$3.8B
Q4 25
$2.4B
$4.2B
Q3 25
$2.0B
$3.7B
Q2 25
$2.6B
$3.8B
Q1 25
$1.7B
$3.8B
Q4 24
$1.6B
$4.0B
Q3 24
$1.3B
$3.3B
Q2 24
$889.5M
Net Profit
EQT
EQT
SFD
SFD
Q1 26
$1.5B
$249.0M
Q4 25
$677.1M
$327.0M
Q3 25
$335.9M
$248.0M
Q2 25
$784.1M
$188.0M
Q1 25
$242.1M
$224.0M
Q4 24
$418.4M
$205.0M
Q3 24
$-300.8M
$291.0M
Q2 24
$9.5M
Gross Margin
EQT
EQT
SFD
SFD
Q1 26
13.4%
Q4 25
83.8%
14.2%
Q3 25
80.7%
12.8%
Q2 25
84.8%
13.2%
Q1 25
78.3%
13.5%
Q4 24
76.2%
13.5%
Q3 24
65.7%
14.3%
Q2 24
38.9%
Operating Margin
EQT
EQT
SFD
SFD
Q1 26
60.3%
8.8%
Q4 25
42.5%
9.5%
Q3 25
30.8%
8.3%
Q2 25
44.3%
6.9%
Q1 25
28.5%
8.5%
Q4 24
48.1%
8.5%
Q3 24
-22.0%
8.5%
Q2 24
0.3%
Net Margin
EQT
EQT
SFD
SFD
Q1 26
44.0%
6.6%
Q4 25
28.4%
7.7%
Q3 25
17.1%
6.6%
Q2 25
30.7%
5.0%
Q1 25
13.9%
5.9%
Q4 24
25.8%
5.2%
Q3 24
-23.4%
8.7%
Q2 24
1.1%
EPS (diluted)
EQT
EQT
SFD
SFD
Q1 26
$2.36
Q4 25
$1.08
$0.83
Q3 25
$0.53
$0.63
Q2 25
$1.30
$0.48
Q1 25
$0.40
$0.57
Q4 24
$0.74
$0.54
Q3 24
$-0.54
$0.77
Q2 24
$0.02

Balance Sheet & Financial Strength

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

Metric
EQT
EQT
SFD
SFD
Cash + ST InvestmentsLiquidity on hand
$326.6M
$1.4B
Total DebtLower is stronger
$507.5M
Stockholders' EquityBook value
$28.8B
$6.9B
Total Assets
$41.7B
$12.0B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQT
EQT
SFD
SFD
Q1 26
$326.6M
$1.4B
Q4 25
$110.8M
Q3 25
$235.7M
Q2 25
$555.5M
Q1 25
$281.8M
Q4 24
$202.1M
Q3 24
$89.0M
Q2 24
$30.0M
Total Debt
EQT
EQT
SFD
SFD
Q1 26
$507.5M
Q4 25
$7.8B
$2.0B
Q3 25
$8.2B
$2.0B
Q2 25
$8.3B
$2.0B
Q1 25
$8.4B
$2.0B
Q4 24
$9.3B
$2.0B
Q3 24
$13.8B
Q2 24
$5.0B
Stockholders' Equity
EQT
EQT
SFD
SFD
Q1 26
$28.8B
$6.9B
Q4 25
$23.8B
$6.8B
Q3 25
$23.2B
$6.5B
Q2 25
$21.4B
$6.3B
Q1 25
$20.7B
$6.2B
Q4 24
$20.6B
$5.8B
Q3 24
$20.3B
Q2 24
$15.1B
Total Assets
EQT
EQT
SFD
SFD
Q1 26
$41.7B
$12.0B
Q4 25
$41.8B
$12.2B
Q3 25
$41.2B
$11.5B
Q2 25
$39.7B
$11.2B
Q1 25
$39.7B
$11.1B
Q4 24
$39.8B
$11.1B
Q3 24
$39.9B
Q2 24
$24.7B
Debt / Equity
EQT
EQT
SFD
SFD
Q1 26
0.02×
Q4 25
0.33×
0.29×
Q3 25
0.35×
0.31×
Q2 25
0.39×
0.32×
Q1 25
0.41×
0.32×
Q4 24
0.45×
0.34×
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
SFD
SFD
Operating Cash FlowLast quarter
$3.1B
Free Cash FlowOCF − Capex
$1.9B
FCF MarginFCF / Revenue
57.6%
Capex IntensityCapex / Revenue
18.0%
2.3%
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters
$3.5B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQT
EQT
SFD
SFD
Q1 26
$3.1B
Q4 25
$1.1B
$938.0M
Q3 25
$1.0B
$13.0M
Q2 25
$1.2B
$274.0M
Q1 25
$1.7B
$-166.0M
Q4 24
$756.3M
Q3 24
$593.0M
Q2 24
$322.0M
Free Cash Flow
EQT
EQT
SFD
SFD
Q1 26
$1.9B
Q4 25
$512.7M
$842.0M
Q3 25
$391.3M
$-75.0M
Q2 25
$692.1M
$196.0M
Q1 25
$1.2B
$-245.0M
Q4 24
$164.7M
Q3 24
$23.5M
Q2 24
$-236.1M
FCF Margin
EQT
EQT
SFD
SFD
Q1 26
57.6%
Q4 25
21.5%
19.9%
Q3 25
20.0%
-2.0%
Q2 25
27.1%
5.2%
Q1 25
71.4%
-6.5%
Q4 24
10.1%
Q3 24
1.8%
Q2 24
-26.5%
Capex Intensity
EQT
EQT
SFD
SFD
Q1 26
18.0%
2.3%
Q4 25
25.7%
2.3%
Q3 25
32.0%
2.3%
Q2 25
21.5%
2.1%
Q1 25
28.7%
2.1%
Q4 24
36.4%
2.1%
Q3 24
44.4%
2.8%
Q2 24
62.7%
Cash Conversion
EQT
EQT
SFD
SFD
Q1 26
2.05×
Q4 25
1.66×
2.87×
Q3 25
3.03×
0.05×
Q2 25
1.58×
1.46×
Q1 25
7.19×
-0.74×
Q4 24
1.81×
Q3 24
Q2 24
33.84×

Financial Flow Comparison

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

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