EQM Midstream Partners LP EBIT

EQM Midstream Partners LP posts a EBIT of $130M as of March 2020. That compares with $660M in the prior-year period — down 80.5% year over year. That is below the Energy sector average of $710B. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, EQM Midstream Partners LP's EBIT was $660M. The latest reading is $130M — a 80.5% year-over-year decrease (period ending March 2020). Use the history and growth charts on this page for a longer lookback.

For Energy stocks, a EBIT near $710B is typical. EQM Midstream Partners LP's $130M is lower that level. That is roughly 100.0% below the sector mean. Whether that is a warning or an opportunity depends on growth outlook and other fundamentals shown elsewhere on Stockcircle.

EBIT is one piece of EQM Midstream Partners LP's financial statement story. At $130M, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for EQM's EBIT usually means three checks: (1) trend versus prior periods, (2) level versus peers (average $710B), and (3) consistency with growth and profitability. This page covers the first two; EQM Midstream Partners LP's other metric pages and overview cover the third.