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Eog Res Inc Financials

EOG
Source SEC Filings (10-K/10-Q) Updated Dec 31, 2025 Currency USD FYE December

This page shows Eog Res Inc (EOG) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 19 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Financial Health Signals

Profitability Growth Leverage Liquidity Cash Flow Returns 57 / 100
Financial Profile 57/100

Based on FY2025 annual data. Scores normalized against common benchmarks. How we calculate these scores

Profitability
85

Eog Res Inc has an operating margin of 28.2%, meaning the company retains $28 of operating profit per $100 of revenue. This strong profitability earns a score of 85/100, reflecting efficient cost management and pricing power. This is down from 34.1% the prior year.

Growth
26

Eog Res Inc's revenue declined 4.5% year-over-year, from $23.7B to $22.6B. This contraction results in a growth score of 26/100.

Leverage
97

Eog Res Inc carries a low D/E ratio of 0.27, meaning only $0.27 of long-term debt for every $1 of shareholders' equity. This conservative leverage earns a score of 97/100, indicating a strong balance sheet with room for future borrowing.

Liquidity
28

Eog Res Inc's current ratio of 1.63 means current assets barely cover short-term liabilities. This tight liquidity results in a low score of 28/100, which could limit financial flexibility.

Returns
48

Eog Res Inc's ROE of 16.7% shows moderate profitability relative to equity, earning a score of 48/100. This is down from 21.8% the prior year.

Altman Z-Score Safe
3.80

Eog Res Inc scores 3.80, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($76.4B) relative to total liabilities ($22.0B). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Piotroski F-Score Neutral
4/9

Eog Res Inc passes 4 of 9 financial strength tests. 3 of 4 profitability signals pass, 1 of 3 leverage/liquidity signals pass, neither operating efficiency signal passes.

Earnings Quality Cash-Backed
2.02x

For every $1 of reported earnings, Eog Res Inc generates $2.02 in operating cash flow ($10.0B OCF vs $5.0B net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage Safe
27.2x

Eog Res Inc earns $27.2 in operating income for every $1 of interest expense ($6.4B vs $235.0M). This wide margin provides strong safety for debt servicing, even if earnings decline temporarily.

Key Financial Metrics

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Earnings & Revenue

Revenue
$22.6B
YoY-4.5%
5Y CAGR+15.5%
10Y CAGR+10.0%

Eog Res Inc generated $22.6B in revenue in fiscal year 2025. This represents a decrease of 4.5% from the prior year.

EBITDA
$10.8B
YoY-11.0%
5Y CAGR+30.6%

Eog Res Inc's EBITDA was $10.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 11.0% from the prior year.

Net Income
$5.0B
YoY-22.2%

Eog Res Inc reported $5.0B in net income in fiscal year 2025. This represents a decrease of 22.2% from the prior year.

EPS (Diluted)
$9.12
YoY-18.9%

Eog Res Inc earned $9.12 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 18.9% from the prior year.

Cash & Balance Sheet

Free Cash Flow
N/A
Cash & Debt
$3.4B
YoY-52.1%
5Y CAGR+0.4%
10Y CAGR+16.8%

Eog Res Inc held $3.4B in cash against $7.9B in long-term debt as of fiscal year 2025.

Dividends Per Share
$3.99
YoY+7.7%
5Y CAGR+21.6%
10Y CAGR+19.5%

Eog Res Inc paid $3.99 per share in dividends in fiscal year 2025. This represents an increase of 7.7% from the prior year.

Shares Outstanding
536M
YoY-3.1%
5Y CAGR-1.7%

Eog Res Inc had 536M shares outstanding in fiscal year 2025. This represents a decrease of 3.1% from the prior year.

Margins & Returns

Gross Margin
N/A
Operating Margin
28.2%
YoY-5.9pp
5Y CAGR+33.1pp
10Y CAGR+104.6pp

Eog Res Inc's operating margin was 28.2% in fiscal year 2025, reflecting core business profitability. This is down 5.9 percentage points from the prior year.

Net Margin
22.0%
YoY-5.0pp
5Y CAGR+27.5pp
10Y CAGR+73.7pp

Eog Res Inc's net profit margin was 22.0% in fiscal year 2025, showing the share of revenue converted to profit. This is down 5.0 percentage points from the prior year.

Return on Equity
16.7%
YoY-5.1pp
5Y CAGR+19.7pp
10Y CAGR+51.6pp

Eog Res Inc's ROE was 16.7% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 5.1 percentage points from the prior year.

Capital Allocation

R&D Spending
N/A
Share Buybacks
$2.6B
YoY-21.0%
5Y CAGR+176.0%
10Y CAGR+48.6%

Eog Res Inc spent $2.6B on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 21.0% from the prior year.

Capital Expenditures
N/A

EOG Income Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Revenue $5.6B-3.6% $5.8B+6.7% $5.5B-3.4% $5.7B+1.5% $5.6B-6.4% $6.0B-1.0% $6.0B-1.6% $6.1B
Cost of Revenue N/A N/A N/A N/A N/A N/A N/A N/A
Gross Profit N/A N/A N/A N/A N/A N/A N/A N/A
R&D Expenses N/A N/A N/A N/A N/A N/A N/A N/A
SG&A Expenses $224.0M-6.3% $239.0M+28.5% $186.0M+8.8% $171.0M-9.5% $189.0M+13.2% $167.0M+10.6% $151.0M-6.8% $162.0M
Operating Income $943.0M-48.6% $1.8B+5.1% $1.7B-6.0% $1.9B+16.8% $1.6B-23.8% $2.1B-1.9% $2.1B-6.2% $2.3B
Interest Expense $66.0M-7.0% $71.0M+39.2% $51.0M+8.5% $47.0M+23.7% $38.0M+22.6% $31.0M-13.9% $36.0M+9.1% $33.0M
Income Tax $209.0M-40.8% $353.0M-13.1% $406.0M-1.9% $414.0M+11.0% $373.0M-19.1% $461.0M-1.9% $470.0M-8.0% $511.0M
Net Income $701.0M-52.3% $1.5B+9.4% $1.3B-8.1% $1.5B+16.9% $1.3B-25.2% $1.7B-1.0% $1.7B-5.5% $1.8B
EPS (Diluted) N/A $2.70+9.8% $2.46-7.2% $2.65 N/A $2.950.0% $2.95-4.8% $3.10

EOG Balance Sheet

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Total Assets $51.8B-0.8% $52.2B+12.8% $46.3B-1.5% $47.0B-0.4% $47.2B+2.2% $46.2B+2.0% $45.2B+1.0% $44.8B
Current Assets $7.7B-2.1% $7.8B-15.4% $9.2B-13.4% $10.7B-4.9% $11.2B+10.5% $10.2B+3.7% $9.8B-1.3% $9.9B
Cash & Equivalents $3.4B-3.8% $3.5B-32.3% $5.2B-21.0% $6.6B-7.0% $7.1B+15.8% $6.1B+12.7% $5.4B+2.6% $5.3B
Inventory $1.0B+7.3% $945.0M+1.2% $934.0M+4.1% $897.0M-8.9% $985.0M-5.1% $1.0B-2.9% $1.1B-7.4% $1.2B
Accounts Receivable $2.7B0.0% $2.7B+7.0% $2.5B-4.5% $2.6B-1.1% $2.6B+4.1% $2.5B-4.2% $2.7B-1.2% $2.7B
Goodwill N/A N/A N/A N/A N/A N/A N/A N/A
Total Liabilities $22.0B+0.2% $21.9B+28.6% $17.0B-2.4% $17.5B-2.1% $17.8B+7.6% $16.6B+3.2% $16.1B-0.6% $16.2B
Current Liabilities $4.7B-2.6% $4.8B-7.0% $5.2B-9.5% $5.7B+6.8% $5.4B+21.5% $4.4B-4.8% $4.6B+8.3% $4.3B
Long-Term Debt $7.9B+3.2% $7.7B+121.7% $3.5B-0.2% $3.5B-17.9% $4.2B+12.8% $3.7B+15.1% $3.3B-13.5% $3.8B
Total Equity $29.8B-1.5% $30.3B+3.6% $29.2B-0.9% $29.5B+0.6% $29.4B-0.8% $29.6B+1.4% $29.2B+1.8% $28.6B
Retained Earnings $29.8B+0.5% $29.6B+5.2% $28.1B+0.9% $27.9B+3.4% $26.9B+2.7% $26.2B+4.6% $25.1B+4.9% $23.9B

EOG Cash Flow Statement

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Operating Cash Flow $2.6B-16.0% $3.1B+53.1% $2.0B-11.2% $2.3B-17.2% $2.8B-23.0% $3.6B+24.2% $2.9B-0.5% $2.9B
Capital Expenditures N/A N/A N/A N/A N/A N/A N/A N/A
Free Cash Flow N/A N/A N/A N/A N/A N/A N/A N/A
Investing Cash Flow -$1.8B+70.5% -$6.0B-234.8% -$1.8B-24.5% -$1.4B-12.1% -$1.3B+18.3% -$1.6B-1.8% -$1.5B+4.0% -$1.6B
Financing Cash Flow -$984.0M-184.3% $1.2B+171.4% -$1.6B-20.9% -$1.4B-162.0% -$516.0M+61.4% -$1.3B-9.8% -$1.2B+5.8% -$1.3B
Dividends Paid N/A N/A N/A N/A N/A N/A N/A N/A
Share Buybacks $677.0M+41.3% $479.0M-20.4% $602.0M-25.3% $806.0M-18.8% $993.0M+24.9% $795.0M+13.7% $699.0M-7.9% $759.0M

EOG Financial Ratios

Metric Q4'25 Q3'25 Q2'25 Q1'25 Q4'24 Q3'24 Q2'24 Q1'24
Gross Margin N/A N/A N/A N/A N/A N/A N/A N/A
Operating Margin 16.7%-14.7pp 31.4%-0.5pp 31.9%-0.9pp 32.8%+4.3pp 28.5%-6.5pp 35.0%-0.3pp 35.4%-1.7pp 37.1%
Net Margin 12.4%-12.7pp 25.2%+0.6pp 24.6%-1.3pp 25.8%+3.4pp 22.4%-5.7pp 28.1%0.0pp 28.1%-1.2pp 29.2%
Return on Equity 2.4%-2.5pp 4.9%+0.3pp 4.6%-0.4pp 5.0%+0.7pp 4.3%-1.4pp 5.7%-0.1pp 5.8%-0.4pp 6.3%
Return on Assets 1.4%-1.5pp 2.8%-0.1pp 2.9%-0.2pp 3.1%+0.5pp 2.6%-1.0pp 3.6%-0.1pp 3.7%-0.2pp 4.0%
Current Ratio 1.630.0 1.62-0.2 1.79-0.1 1.87-0.2 2.10-0.2 2.31+0.2 2.12-0.2 2.32
Debt-to-Equity 0.27+0.0 0.25+0.1 0.120.0 0.12-0.0 0.14+0.0 0.13+0.0 0.11-0.0 0.13
FCF Margin N/A N/A N/A N/A N/A N/A N/A N/A

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Frequently Asked Questions

Eog Res Inc (EOG) reported $22.6B in total revenue for fiscal year 2025. This represents a -4.5% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

Eog Res Inc (EOG) revenue declined by 4.5% year-over-year, from $23.7B to $22.6B in fiscal year 2025.

Yes, Eog Res Inc (EOG) reported a net income of $5.0B in fiscal year 2025, with a net profit margin of 22.0%.

Eog Res Inc (EOG) reported diluted earnings per share of $9.12 for fiscal year 2025. This represents a -18.9% change compared to the previous fiscal year. EPS represents the portion of a company's net income allocated to each outstanding share of common stock and is widely used to evaluate profitability on a per-share basis.

Eog Res Inc (EOG) had EBITDA of $10.8B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

As of fiscal year 2025, Eog Res Inc (EOG) had $3.4B in cash and equivalents against $7.9B in long-term debt.

Eog Res Inc (EOG) had an operating margin of 28.2% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

Eog Res Inc (EOG) had a net profit margin of 22.0% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

Yes, Eog Res Inc (EOG) paid $3.99 per share in dividends during fiscal year 2025.

Eog Res Inc (EOG) has a return on equity of 16.7% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

Eog Res Inc (EOG) generated $10.0B in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

Eog Res Inc (EOG) had $51.8B in total assets as of fiscal year 2025, including both current and long-term assets.

Yes, Eog Res Inc (EOG) spent $2.6B on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

Eog Res Inc (EOG) had 536M shares outstanding as of fiscal year 2025.

Eog Res Inc (EOG) had a current ratio of 1.63 as of fiscal year 2025, which is generally considered healthy.

Eog Res Inc (EOG) had a debt-to-equity ratio of 0.27 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

Eog Res Inc (EOG) had a return on assets of 9.6% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

Eog Res Inc (EOG) has an Altman Z-Score of 3.80, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios—working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets—to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

Eog Res Inc (EOG) has a Piotroski F-Score of 4 out of 9, indicating neutral financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7–9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Eog Res Inc (EOG) has an earnings quality ratio of 2.02x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Eog Res Inc (EOG) has an interest coverage ratio of 27.2x, meaning it can comfortably cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

Eog Res Inc (EOG) scores 57 out of 100 on our Financial Profile, indicating moderate overall financial health. This composite score evaluates six dimensions: profitability (operating margin), revenue growth, leverage (debt-to-equity), liquidity (current ratio), cash flow quality (free cash flow margin), and shareholder returns (return on equity). Each dimension is normalized against standard financial benchmarks. Learn more in our complete guide to financial health indicators.

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