EOG Resources Inc (EOG) Financials

EPS

Hollow marker is the consensus estimate; filled is the reported figure, colored by beat or miss.

Revenue

Outlined bar is the consensus estimate; solid is reported.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
Q4 26	$4.97	$5.07	+2.0%	—	—	—
Q3 26	$3.21	$3.41	+6.2%	—	—	—
Q2 26	$2.2	$2.27	+3.2%	—	—	—
Q1 26	$2.45	$2.71	+10.6%	—	—	—
Q4 25	$2.2	$2.32	+5.5%	—	—	—
Q3 25	$2.77	$2.87	+3.6%	—	—	—
Q2 25	$2.57	$2.74	+6.6%	—	—	—
Q1 25	$2.77	$2.89	+4.3%	—	—	—
Q4 24	$2.95	$3.16	+7.1%	—	—	—
Q3 24	$2.7	$2.82	+4.4%	—	—	—
Q2 24	$3.11	$3.07	-1.3%	—	—	—
Q1 24	$3.02	$3.44	+13.9%	—	—	—
Q4 23	$2.32	$2.49	+7.3%	—	—	—
Q3 23	$2.48	$2.69	+8.5%	—	—	—
Q2 23	$3.37	$3.3	-2.1%	—	—	—
Q1 23	$3.73	$3.71	-0.5%	—	—	—

EPS

Reported per-share earnings by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Revenue

Reported revenue by fiscal year; the line turns dotted where reported figures end and the analyst consensus begins, with the shaded band marking the low–high range.

Results

Periods without a consensus estimate or a reported figure show a dash.

Period	EPS estimate	EPS actual	EPS surprise %	Revenue estimate	Revenue actual	Revenue surprise %
FY25	—	$9.17	—	—	$22.6B	—
FY24	—	$11.3	—	—	$23.4B	—
FY23	—	$13.1	—	—	$23.2B	—
FY22	—	$13.3	—	—	$29.5B

Total revenue

Reported revenue per period; the line is the change from the same period a year earlier, on its own left axis.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	$7.5B	$11.2B	$17.2B	$16.9B	$9.9B	$19.7B	$29.5B	$23.2B	$23.4B	$22.6B
YoY change	-13.8%	+50.2%	+53.3%	-1.37%	-41.7%	+99.2%	+49.9%	-21.4%	+0.85%	-3.4%

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Revenue	7.5B	11.2B	17.2B	16.9B	9.9B	19.7B	29.5B	23.2B	23.4B	22.6B
Cost of revenue	4.6B	4.6B	5.2B	5.6B	4.9B	5.3B	5.5B	5.6B	7.4B	8.3B
Gross profit	2.9B	6.6B	12B	11.3B	5B	14.3B	24B	17.6B	16B	14.3B
Gross margin	38.3%	58.9%	70%	67%	50.2%	72.8%	81.4%	75.8%	68.3%	63.4%
Research & development	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	2.4B	3.8B	5.6B	5.8B	3.2B	4.7B	7.1B	6.3B	6.4B	5.6B
Operating expenses	3.2B	4.6B	6.4B	6.6B	4B	5.7B	8.2B	7.4B	6.5B	5.8B
Operating income	-711.2M	1.5B	4.8B	3.9B	458M	7.6B	14.3B	8.9B	8.3B	7.3B
Operating margin	-9.53%	13.3%	28%	23.1%	4.64%	38.7%	48.3%	38.4%	35.3%	32.1%
Non-operating income, net	-564.6M	-549.4M	-321.4M	-183M	-992M	-1.5B	-4.2B	705M	-174M	-863M
Pretax income	-1.6B	661.2M	4.2B	3.5B	-739M	5.9B	9.9B	9.7B	8.2B	6.4B
Income tax	-460.8M	-1.9B	822M	810M	-134M	1.3B	2.1B	2.1B	1.8B	1.4B
Net income	-1.1B	2.6B	3.4B	2.7B	-605M	4.7B	7.8B	7.6B	6.4B	5B
Net margin	-14.7%	23%	19.9%	16.1%	-6.13%	23.7%	26.3%	32.8%	27.4%	22.1%
EBITDA	2.8B	4.9B	8.3B	7.7B	3.9B	11.3B	17.9B	12.6B	12.6B	11.9B
EPS	-1.98	4.49	5.93	4.73	-1.04	8.03	13.3	13.1	11.3	9.17
Diluted EPS	-1.98	4.46	5.89	4.71	-1.04	7.99	13.2	13	11.3	9.12

Revenue and profits

Revenue, gross profit, operating income, and net income per period.

Condensed income statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	6.1B	6B	5.8B	6B	5.9B	5.7B	5.8B	5.4B	5.7B	5.7B	6.8B	8.5B
Cost of revenue	1.7B	1.5B	1.9B	1.8B	1.9B	1.9B	1.9B	1.9B	2.2B	2.3B	2.3B	2.4B
Gross profit	4.4B	4.5B	4B	4.2B	4B	3.8B	4B	3.5B	3.5B	3.3B	4.4B	6.1B
Gross margin	72.6%	75.4%	67.7%	70.2%	68.2%	67.2%	68.3%	64.4%	61.8%	58.9%	65.8%	71.7%
Research & development	—	—	—	—	—	—	—	—	—	—	—	—
Selling, general & administrative	1.5B	1.7B	1.6B	1.6B	1.7B	1.5B	1.5B	1.4B	1.4B	1.3B	1.6B	2.2B
Operating expenses	1.6B	2B	1.6B	1.7B	1.7B	1.5B	1.6B	1.5B	1.4B	1.4B	1.6B	2.2B
Operating income	2.5B	2.3B	2B	2.2B	2B	2B	2.1B	1.7B	1.8B	1.7B	2.5B	3.4B
Operating margin	41.4%	37.9%	34.7%	37.1%	34.6%	34.6%	35.9%	31.4%	31.6%	29.5%	36.9%	40.6%
Non-operating income, net	76M	45M	306M	-42M	133M	-571M	-171M	123M	86M	-901M	128M	117M
Pretax income	2.6B	2.5B	2.3B	2.2B	2.1B	1.6B	1.9B	1.8B	1.8B	910M	2.6B	3.5B
Income tax	543M	547M	511M	470M	461M	373M	414M	406M	353M	209M	575M	775M
Net income	2B	2B	1.8B	1.7B	1.7B	1.3B	1.5B	1.3B	1.5B	701M	2B	2.7B
Net margin	33.2%	33%	30.7%	28%	28.5%	22.1%	25%	25.1%	25.7%	12.4%	29.3%	32.1%
EBITDA	3.5B	3.3B	3.2B	3.3B	3.1B	3B	3.2B	2.8B	3B	2.9B	3.7B	4.7B
EPS	3.51	3.43	3.11	2.97	2.97	2.25	2.66	2.48	2.72	1.31	3.72	5.18
Diluted EPS	3.48	3.42	3.1	2.95	2.95	2.23	2.65	2.46	2.7	1.3	3.7	5.15

P/E

Annual history by fiscal year; click a table row below to chart a different metric.

Current values are trailing twelve months where available, otherwise the latest fiscal year; unreported figures show a dash.

Key stats

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Market cap	55.9B	62B	50.3B	48.4B	28.9B	51.6B	75.5B	70.3B	69.4B	57B	74.9B
Enterprise value	61.3B	67.6B	54.8B	51.9B	32.3B	52.3B	75.5B	69.8B	67.4B	62B	77B
Shares outstanding	553.4M	574.6M	576.6M	577.7M	578.9M	581M	583M	581M	566M	543M	543M

Valuation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
P/E	—	24	14.7	17.7	—	11.1	9.73	9.25	10.8	11.4	11
P/S	7.5	5.53	2.93	2.86	2.92	2.62	2.56	3.03	2.97	2.53	2.81
P/B	4	3.81	2.6	2.24	1.42	2.33	3.05	2.5	2.36	1.91	2.32
EV/EBITDA	22	13.8	6.64	6.75	8.35	4.64	4.21	5.53	5.33	5.2	5.31
EV/Sales	8.22	6.03	3.19	3.06	3.27	2.66	2.56	3.01	2.88	2.75	2.88
Earnings yield	—	4.17%	6.8%	5.65%	—	9.04%	10.3%	10.8%	9.23%	8.73%	9.13%
FCF yield	-0.4%	0.23%	3.37%	3.6%	5.34%	9.57%	8.07%	7.34%	8.32%	6.05%	5.98%
PEG	—	—	—	—	—	—	—	—	—	—	0.1

Profitability

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Gross margin	38.3%	58.9%	70%	67%	50.2%	72.8%	81.4%	75.8%	68.3%	63.4%	71.7%
Operating margin	-9.53%	13.3%	28%	23.1%	4.64%	38.7%	48.3%	38.4%	35.3%	32.1%	40.7%
Net margin	-14.7%	23%	19.9%	16.1%	-6.13%	23.7%	26.3%	32.8%	27.4%	22.1%	25.7%
ROE	-7.84%	15.9%	17.7%	12.6%	-2.98%	21%	31.3%	27%	21.8%	16.7%	22.5%
ROA	-3.74%	8.66%	10.1%	7.37%	-1.69%	12.2%	18.8%	17.3%	13.6%	9.61%	11%
ROIC	-3.67%	6.8%	16.2%	12%	1.93%	26.2%	45.1%	25.2%	23.5%	16.3%	20.9%
Return on tangible assets	-3.74%	8.66%	10.1%	7.37%	-1.69%	12.2%	18.8%	17.3%	13.6%	9.61%	12.6%

Financial health

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Current ratio	1.67	1.2	1.36	1.18	1.69	2.12	1.9	2.44	2.1	1.63	1.85
Quick ratio	1.5	1.03	1.13	1	1.51	1.98	1.71	2.13	1.91	1.42	1.68
Debt / equity	0.5	0.39	0.31	0.26	0.33	0.27	0.24	0.17	0.17	0.28	0.26
Debt / assets	0.24	0.21	0.18	0.15	0.19	0.15	0.14	0.11	0.11	0.16	0.15
Net debt / EBITDA	1.93	1.13	0.55	0.46	0.88	0.06	-0	-0.04	-0.16	0.42	0.23
Interest coverage	-4.53	3.41	18.3	20.2	-2.6	34.3	56.3	66.5	60.6	28.1	33.5
Effective tax rate	0%	0%	19.4%	22.8%	0%	21.4%	21.6%	21.6%	22.1%	21.7%	21.8%

Per share

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Revenue per share	13.5	19.5	29.8	29.3	17.1	33.9	50.6	39.9	41.3	41.6	50
EPS (basic)	-1.98	4.49	5.93	4.73	-1.04	8.03	13.3	13.1	11.3	9.17	9.17
EPS (diluted)	-1.98	4.46	5.89	4.71	-1.04	7.99	13.2	13	11.3	9.12	12.9
Book value per share	25.3	28.3	33.6	37.5	35.1	38.2	42.5	48.3	51.9	54.9	60.6
FCF per share	-0.4	0.25	2.93	3.01	2.67	8.5	10.5	8.87	10.2	6.35	12.5
Cash per share	2.89	1.45	2.7	3.51	5.75	8.97	10.2	9.08	12.5	6.25	9.36
Capex per share	4.67	7.18	10.5	11.1	5.98	6.63	8.58	10.6	11.3	—	—

Capital allocation

Metric	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25	Current
Capex / revenue	34.6%	36.8%	35.4%	37.9%	35.1%	19.6%	17%	26.7%	27.3%	—	—
Capex / operating cash flow	145%	109.4%	80.8%	81.2%	85.5%	55.3%	72.3%	51.6%	55.7%	—	—
Payout ratio	-34%	15%	12.8%	21.5%	-135.7%	57.5%	66.3%	44.6%	32.6%	43.4%	31.4%
Dividend yield	0.67%	0.62%	0.87%	1.22%	2.84%	5.2%	6.82%	4.82%	3.01%	3.79%	2.9%

Yield

2.9%

trailing twelve months

Frequency

Quarterly

Last dividend

$1.02

ex-dividend Jul 17, 2026

Payout ratio

31%

of earnings

Dividend growth

1 year

consecutive annual raises

Dividend per share

Split-adjusted payout per share by ex-dividend date.

Recent payouts

Ex-dividend	Amount
Jul 17, 2026	$1.02
Apr 16, 2026	$1.02
Jan 16, 2026	$1.02

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Revenue	$6.1B	$6B	$5.8B	$6B	$5.9B	$5.7B	$5.8B	$5.4B	$5.7B	$5.7B	$6.8B	$8.5B
YoY change	-19.5%	-7.15%	+4.57%	+10.4%	-4.06%	-6.3%	+0.14%	-11.2%	-2.27%	+0.05%	+15.7%	+58.6%

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Cash & short-term investments	1.6B	834.2M	1.6B	2B	3.3B	5.2B	6B	5.3B	7.1B	3.4B
Receivables	1.2B	1.6B	1.9B	2B	1.5B	2.3B	2.8B	2.7B	2.6B	2.7B
Inventory	350M	483.9M	859.4M	767.3M	629M	584M	1.1B	1.3B	985M	1B
Total current assets	3.4B	3.3B	5.1B	5.3B	5.9B	8.6B	10.5B	9.9B	11.2B	7.7B
Property, plant & equipment	-23.9B	-26.9B	-29.3B	-32.5B	-36.2B	-39.2B	-37.9B	-39.8B	-42.9B	-47.5B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—
Total assets	29.3B	29.8B	33.9B	37.1B	35.8B	38.2B	41.4B	43.9B	47.2B	51.8B
Accounts payable	1.5B	1.8B	2.2B	2.4B	1.7B	2.2B	2.5B	2.4B	2.5B	2.9B
Short-term debt	6.6M	356.2M	913.1M	1.4B	1.1B	277M	1.6B	359M	847M	499M
Total current liabilities	2B	2.7B	3.7B	4.5B	3.5B	4B	5.5B	4.1B	5.4B	4.7B
Long-term debt	7B	6B	5.2B	4.2B	5.7B	5.6B	4.4B	4.4B	4.2B	7.9B
Total liabilities	15.3B	13.5B	14.6B	15.5B	15.5B	16.1B	16.6B	15.8B	17.8B	22B
Shareholders' equity	14B	16.3B	19.4B	21.6B	20.3B	22.2B	24.8B	28.1B	29.4B	29.8B
Total debt	7B	6.4B	6.1B	5.5B	6.8B	5.9B	6B	4.8B	5.1B	8.4B
Net debt	5.4B	5.6B	4.5B	3.5B	3.4B	698M	-14M	-478M	-2B	5B

Assets vs. liabilities & equity

What the company owns (left stack) against what it owes plus shareholders' equity (right stack). The two stacks should match — that's the balance.

Condensed balance sheet

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Cash & short-term investments	5.3B	5.3B	5.3B	5.4B	6.1B	7.1B	6.6B	5.2B	3.5B	3.4B	3.8B	4.9B
Receivables	2.9B	2.7B	2.7B	2.7B	2.5B	2.6B	2.6B	2.5B	2.7B	2.7B	3.6B	3.5B
Inventory	1.4B	1.3B	1.2B	1.1B	1B	985M	897M	934M	945M	1B	955M	930M
Total current assets	10.3B	9.9B	9.9B	9.8B	10.2B	11.2B	10.7B	9.2B	7.8B	7.7B	9B	9.9B
Property, plant & equipment	-39B	-39.8B	-40.3B	-41B	-41.8B	-42.9B	-43.8B	-44.8B	-45.7B	-47.5B	-48.1B	-49.2B
Goodwill & intangibles	—	—	—	—	—	—	—	—	—	—	—	—
Total assets	43.6B	43.9B	44.8B	45.2B	46.2B	47.2B	47B	46.3B	52.2B	51.8B	53.4B	54.8B
Accounts payable	2.5B	2.4B	2.4B	2.4B	2.3B	2.5B	2.4B	2.3B	2.9B	2.9B	3.2B	3.4B
Short-term debt	371M	359M	352M	837M	372M	847M	1.6B	1.1B	460M	499M	402M	351M
Total current liabilities	4.2B	4.1B	4.3B	4.6B	4.4B	5.4B	5.7B	5.2B	4.8B	4.7B	5.2B	5.3B
Long-term debt	3.8B	4.4B	3.8B	3.3B	3.7B	4.2B	3.5B	3.5B	7.7B	7.9B	7.9B	7.9B
Total liabilities	15.9B	15.8B	16.2B	16.1B	16.6B	17.8B	17.5B	17B	21.9B	22B	22.5B	22.9B
Shareholders' equity	27.8B	28.1B	28.6B	29.2B	29.6B	29.4B	29.5B	29.2B	30.3B	29.8B	30.9B	31.9B
Total debt	4.1B	4.8B	4.1B	4.1B	4.1B	5.1B	5.1B	4.6B	8.1B	8.4B	8.3B	8.3B
Net debt	-1.2B	-478M	-1.2B	-1.3B	-2B	-2B	-1.5B	-620M	4.6B	5B	4.5B	3.3B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	FY16	FY17	FY18	FY19	FY20	FY21	FY22	FY23	FY24	FY25
Net income	-1.1B	2.6B	3.4B	2.7B	-605M	4.7B	7.8B	7.6B	6.4B	5B
Depreciation & amortization	3.6B	3.4B	3.4B	3.8B	3.4B	3.7B	3.5B	3.5B	4.1B	4.5B
Stock-based compensation	128.1M	133.8M	155.3M	175M	146M	152M	133M	177M	199M	216M
Change in working capital	-349.1M	-901M	-137.6M	353M	203M	-830M	-1B	130M	9M	-105M
Operating cash flow	1.8B	3.8B	7.5B	7.9B	4.1B	7B	6.9B	12B	11.4B	10B
Capital expenditure	-2.6B	-4.1B	-6.1B	-6.4B	-3.5B	-3.9B	-5B	-6.2B	-6.4B	—
Investing cash flow	-1.3B	-4B	-6.2B	-6.2B	-3.3B	-3.4B	-5.1B	-6.3B	-6B	-4.3B
Dividends paid	-372.8M	-386.5M	-438M	-588M	-821M	-2.7B	-5.1B	-3.4B	-2.1B	-2.2B
Share repurchases	-82.1M	-63.4M	-63.5M	-25M	-16M	-41M	-118M	-1B	-3.2B	-2.6B
Financing cash flow	-266M	-1.1B	-859.7M	-1.5B	-375M	-3.5B	-5.3B	-5.7B	-4.4B	-2.8B
Net change in cash	262.6M	-1.3B	493.1M	201M	332M	37M	-3.4B	-64M	1.1B	2.9B
Free cash flow	-223.7M	141.1M	1.7B	1.7B	1.5B	4.9B	6.1B	5.2B	5.8B	3.5B

Cash generation and uses

Cash from operations, what's left after capex, and what went back to shareholders. Bars below the line are cash going out.

Condensed cash flow statement

Click a row to chart it; unreported figures show a dash.

Period	Q3 23	Q4 23	Q1 24	Q2 24	Q3 24	Q4 24	Q1 25	Q2 25	Q3 25	Q4 25	Q1 26	Q2 26
Net income	2B	2B	1.8B	1.7B	1.7B	1.3B	1.5B	1.3B	1.5B	701M	2B	2.7B
Depreciation & amortization	898M	930M	1.1B	984M	1B	1B	1B	1.1B	1.2B	1.2B	1.2B	1.3B
Stock-based compensation	57M	51M	45M	45M	58M	51M	50M	53M	53M	60M	58M	60M
Change in working capital	-514M	254M	-344M	32M	344M	-23M	-185M	-133M	110M	103M	-630M	352M
Operating cash flow	2.5B	3.5B	2.8B	3B	3.4B	2.2B	2.4B	2B	3.1B	2.6B	3B	4.7B
Capital expenditure	-1.5B	-1.5B	-1.8B	-1.7B	-1.5B	-1.4B	-1.5B	—	—	—	—	—
Investing cash flow	-1.5B	-1.5B	-1.6B	-1.5B	-1.6B	-1.3B	-1.4B	12M	164M	-107M	99M	1M
Dividends paid	-494M	-1.3B	-525M	-520M	-533M	-509M	-538M	-528M	-545M	-550M	-544M	-540M
Share repurchases	-109M	-310M	-759M	-699M	-795M	-993M	-806M	-602M	-479M	-677M	-418M	-1.3B
Financing cash flow	-611M	-1.7B	-1.3B	-1.2B	-1.3B	-1.5B	-1.4B	-1.1B	-1B	-239M	-962M	-1.8B
Net change in cash	406M	300M	-61M	205M	492M	-538M	-390M	914M	2.2B	2.3B	2.1B	2.8B
Free cash flow	1.2B	1.6B	1.1B	1.2B	2.1B	1.4B	806M	239M	1.4B	957M	1.3B	2.9B

Date	Ratio
Apr 1, 2014	2:1
Mar 2, 2005	2:1
Jun 16, 1994	2:1

EOG Resources Inc Financials

EPS

Revenue

Results

EPS

Revenue

Results

Total revenue

Total revenue

Revenue and profits

Condensed income statement

Revenue and profits

Condensed income statement

P/E

Key stats

Valuation

Profitability

Financial health

Per share

Capital allocation

Dividend per share

Recent payouts

Assets vs. liabilities & equity

Condensed balance sheet

Assets vs. liabilities & equity

Condensed balance sheet

Cash generation and uses

Condensed cash flow statement

Cash generation and uses

Condensed cash flow statement

Split history