NYSE : EOG
EOG Resources, Inc. — Financial statements
Energy · Oil & Gas Exploration & Production · United States
Last price 165.54 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 86.83B
Overview · Financial statements · Key statistics · Dividends · Company profile · Price history · Reports
Financial statements
EOG Resources, Inc. (EOG) reported revenue of 26.72B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Operating Revenue | 26.64B | 22.58B | 23.38B | 23.18B | 29.49B | 19.67B |
| Other Revenue | 84.00M | 72.00M | 100.00M | 91.00M | 118.00M | 108.00M |
| Revenue | 26.72B | 22.65B | 23.48B | 23.27B | 29.61B | 19.78B |
| Cost of Revenue | 9.98B | 8.60B | 9.01B | 8.78B | 9.48B | 6.74B |
| Gross Profit | 16.74B | 14.05B | 14.47B | 14.49B | 20.13B | 13.03B |
| Selling, General & Admin | 861.00M | 820.00M | 669.00M | 640.00M | 570.00M | 511.00M |
| Other Operating Expenses | 1.11B | 1.22B | 1.04B | 466.00M | 5.57B | 2.20B |
| Operating Expenses | 7.83B | 7.56B | 6.37B | 4.95B | 10.21B | 6.91B |
| Operating Income | 8.91B | 6.49B | 8.10B | 9.54B | 9.92B | 6.12B |
| Interest Expense | -270.00M | -235.00M | -138.00M | -148.00M | -179.00M | -178.00M |
| Interest & Investment Income | 152.00M | 210.00M | 277.00M | 240.00M | 85.00M | 3.00M |
| Earnings From Equity Investments | 46.00M | 18.00M | ||||
| Other Non Operating Income (Expenses) | 1.00M | 1.00M | -5.00M | -8.00M | -17.00M | -17.00M |
| EBT Excluding Unusual Items | 8.79B | 6.47B | 8.23B | 9.62B | 9.86B | 5.95B |
| Merger & Restructuring Charges | -2.00M | |||||
| Gain (Loss) on Sale of Assets | 55.00M | -35.00M | 16.00M | 95.00M | 74.00M | 17.00M |
| Asset Writedown | -58.00M | -72.00M | -31.00M | -31.00M | -29.00M | -32.00M |
| Pretax Income | 8.79B | 6.36B | 8.22B | 9.69B | 9.90B | 5.93B |
| Income Tax Expense | 1.91B | 1.38B | 1.81B | 2.10B | 2.14B | 1.27B |
| Net Income | 6.88B | 4.98B | 6.40B | 7.59B | 7.76B | 4.66B |
| Net Income to Common | 6.88B | 4.98B | 6.40B | 7.59B | 7.76B | 4.66B |
| Shares Outstanding (Basic) | 534.00M | 543.00M | 566.00M | 581.00M | 583.00M | 581.00M |
| Shares Outstanding (Diluted) | 537.50M | 546.00M | 569.00M | 584.00M | 587.00M | 584.00M |
| EPS (Basic) | 12.88 | 9.17 | 11.31 | 13.07 | 13.31 | 8.03 |
| EPS (Diluted) | 12.79 | 9.12 | 11.25 | 13.00 | 13.22 | 7.99 |
| Free Cash Flow | 6.61B | 3.45B | 5.77B | 5.16B | 6.09B | 4.94B |
| Free Cash Flow Per Share | 12.30 | 6.32 | 10.14 | 8.83 | 10.38 | 8.46 |
| Dividend Per Share | 4.08 | 3.99 | 3.71 | 3.38 | 3.08 | 1.99 |
| Gross Margin | 62.64% | 62.02% | 61.62% | 62.26% | 67.99% | 65.91% |
| Operating Margin | 33.34% | 28.66% | 34.50% | 41.00% | 33.51% | 30.95% |
| Profit Margin | 25.73% | 21.98% | 27.27% | 32.63% | 26.20% | 23.58% |
| Free Cash Flow Margin | 24.75% | 15.23% | 24.58% | 22.15% | 20.58% | 24.98% |
| EBITDA | 14.49B | 11.72B | 12.56B | 13.20B | 13.79B | 10.10B |
| EBITDA Margin | 54.25% | 51.75% | 53.52% | 56.73% | 46.58% | 51.09% |
| D&A For EBITDA | 5.59B | 5.23B | 4.47B | 3.66B | 3.87B | 3.98B |
| EBIT | 8.91B | 6.49B | 8.10B | 9.54B | 9.92B | 6.12B |
| EBIT Margin | 33.34% | 28.66% | 34.50% | 41.00% | 33.51% | 30.95% |
| Effective Tax Rate | 21.76% | 21.72% | 22.09% | 21.62% | 21.63% | 21.39% |
| Revenue as Reported | 27.03B | 22.63B | 23.70B | 24.19B | 25.70B | 18.64B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 4.91B | 3.40B | 7.09B | 5.28B | 5.97B | 5.21B |
| Cash & Short-Term Investments | 4.91B | 3.40B | 7.09B | 5.28B | 5.97B | 5.21B |
| Accounts Receivable | 3.53B | 2.68B | 2.65B | 2.72B | 2.77B | 2.33B |
| Other Receivables | 97.00M | |||||
| Receivables | 3.53B | 2.68B | 2.65B | 2.72B | 2.87B | 2.33B |
| Inventory | 930.00M | 1.01B | 985.00M | 1.27B | 1.06B | 584.00M |
| Other Current Assets | 511.00M | 565.00M | 503.00M | 666.00M | 574.00M | 456.00M |
| Total Current Assets | 9.88B | 7.66B | 11.23B | 9.94B | 10.47B | 8.58B |
| Property, Plant & Equipment | 43.24B | 43.52B | 35.22B | 33.27B | 30.27B | 29.17B |
| Long-Term Deferred Tax Assets | 35.00M | 39.00M | 39.00M | 42.00M | 33.00M | 11.00M |
| Other Long-Term Assets | 1.63B | 587.00M | 700.00M | 609.00M | 588.00M | 472.00M |
| Total Assets | 54.78B | 51.80B | 47.19B | 43.86B | 41.37B | 38.24B |
| Accounts Payable | 3.37B | 2.90B | 2.46B | 2.44B | 2.53B | 2.24B |
| Current Portion of Long-Term Debt | 500.00M | 1.25B | ||||
| Current Portion of Leases | 351.00M | 499.00M | 347.00M | 359.00M | 329.00M | 277.00M |
| Current Income Taxes Payable | 697.00M | 299.00M | 1.01B | 466.00M | 405.00M | 518.00M |
| Other Current Liabilities | 913.00M | 989.00M | 1.04B | 812.00M | 997.00M | 1.00B |
| Total Current Liabilities | 5.33B | 4.69B | 5.35B | 4.07B | 5.51B | 4.04B |
| Long-Term Debt | 7.90B | 7.82B | 4.10B | 3.62B | 3.61B | 4.86B |
| Long-Term Leases | 817.00M | 843.00M | 825.00M | 766.00M | 771.00M | |
| Long-Term Deferred Tax Liabilities | 7.22B | 6.85B | 5.87B | 5.40B | 4.71B | 4.75B |
| Other Long-Term Liabilities | 2.47B | 1.78B | 1.67B | 1.85B | 1.99B | 1.64B |
| Total Liabilities | 22.92B | 21.97B | 17.84B | 15.77B | 16.59B | 16.06B |
| Common Stock | 206.00M | 206.00M | 206.00M | 206.00M | 206.00M | 206.00M |
| Additional Paid-In Capital | 6.07B | 6.03B | 6.09B | 6.17B | 6.19B | 6.09B |
| Retained Earnings | 33.39B | 29.77B | 26.94B | 22.63B | 18.47B | 15.92B |
| Treasury Stock | -7.80B | -6.16B | -3.88B | -907.00M | -78.00M | -20.00M |
| Comprehensive Income & Other | -5.00M | -7.00M | -4.00M | -9.00M | -8.00M | -12.00M |
| Shareholders' Equity | 31.86B | 29.83B | 29.35B | 28.09B | 24.78B | 22.18B |
| Total Liabilities & Equity | 54.78B | 51.80B | 47.19B | 43.86B | 41.37B | 38.24B |
| Total Debt | 8.25B | 9.13B | 5.79B | 4.80B | 5.96B | 5.91B |
| Net Cash (Debt) | -3.34B | -5.74B | 1.30B | 478.00M | 14.00M | -698.00M |
| Net Cash Per Share | -6.22 | -10.51 | 2.28 | 0.82 | 0.02 | -1.20 |
| Filing Date Shares Outstanding | 524.53M | 536.49M | 553.93M | 580.00M | 587.72M | 585.42M |
| Total Common Shares Outstanding | 525.50M | 537.67M | 557.21M | 580.86M | 587.70M | 585.26M |
| Working Capital | 4.54B | 2.96B | 5.88B | 5.86B | 4.96B | 4.54B |
| Book Value Per Share | 60.64 | 55.49 | 52.68 | 48.36 | 42.16 | 37.90 |
| Tangible Book Value | 31.86B | 29.83B | 29.35B | 28.09B | 24.78B | 22.18B |
| Tangible Book Value Per Share | 60.64 | 55.49 | 52.68 | 48.36 | 42.16 | 37.90 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 6.88B | 4.98B | 6.40B | 7.59B | 7.76B | 4.66B |
| Depreciation & Amortization | 5.59B | 5.23B | 4.47B | 3.66B | 3.87B | 3.98B |
| Loss (Gain) From Sale of Assets | -55.00M | 35.00M | -16.00M | -95.00M | -74.00M | -17.00M |
| Asset Writedown & Restructuring Costs | 58.00M | 72.00M | 31.00M | 31.00M | 29.00M | 28.00M |
| Stock-Based Compensation | 231.00M | 216.00M | 199.00M | 177.00M | 133.00M | 152.00M |
| Other Operating Activities | 403.00M | 350.00M | 510.00M | -219.00M | 537.00M | 501.00M |
| Change in Accounts Receivable | -717.00M | 300.00M | 101.00M | -38.00M | -347.00M | -821.00M |
| Change in Inventory | -33.00M | -49.00M | 259.00M | -231.00M | -534.00M | -13.00M |
| Change in Accounts Payable | 420.00M | -271.00M | -36.00M | -119.00M | 90.00M | 456.00M |
| Change in Income Taxes | 323.00M | -735.00M | 541.00M | 61.00M | -113.00M | 312.00M |
| Change in Other Net Operating Assets | 265.00M | -85.00M | -315.00M | 518.00M | -255.00M | -452.00M |
| Operating Cash Flow | 13.36B | 10.04B | 12.14B | 11.34B | 11.09B | 8.79B |
| Capital Expenditures | -6.74B | -6.59B | -6.37B | -6.18B | -5.00B | -3.85B |
| Sale of Property, Plant & Equipment | 159.00M | 24.00M | 23.00M | 140.00M | 349.00M | 231.00M |
| Cash Acquisitions | -4.45B | -4.45B | ||||
| Other Investing Activities | -15.00M | 85.00M | 382.00M | -295.00M | -405.00M | 200.00M |
| Investing Cash Flow | -11.05B | -10.94B | -5.97B | -6.34B | -5.06B | -3.42B |
| Long-Term Debt Issued | 4.47B | 985.00M | ||||
| Total Debt Issued | 4.47B | 4.47B | 985.00M | |||
| Long-Term Debt Repaid | -2.55B | -33.00M | -1.28B | -35.00M | -787.00M | |
| Total Debt Repaid | -2.04B | -2.55B | -33.00M | -1.28B | -35.00M | -787.00M |
| Net Debt Issued (Repaid) | 2.43B | 1.92B | 952.00M | -1.28B | -35.00M | -787.00M |
| Issuance of Common Stock | 28.00M | 23.00M | 22.00M | 20.00M | 28.00M | 19.00M |
| Repurchase of Common Stock | -2.87B | -2.56B | -3.25B | -1.04B | -118.00M | -41.00M |
| Common Dividends Paid | -2.18B | -2.16B | -2.09B | -2.80B | -5.15B | -931.00M |
| Other Financing Activities | -18.00M | -25.00M | -2.00M | -8.00M | ||
| Financing Cash Flow | -2.62B | -2.80B | -4.36B | -5.69B | -5.27B | -3.49B |
| Foreign Exchange Rate Adjustments | -1.00M | -1.00M | -1.00M | 1.00M | ||
| Net Cash Flow | -309.00M | -3.70B | 1.81B | -694.00M | 763.00M | 1.88B |
| Free Cash Flow | 6.61B | 3.45B | 5.77B | 5.16B | 6.09B | 4.94B |
| Free Cash Flow Margin | 24.75% | 15.23% | 24.58% | 22.15% | 20.58% | 24.98% |
| Free Cash Flow Per Share | 12.30 | 6.32 | 10.14 | 8.83 | 10.38 | 8.46 |
| Levered Free Cash Flow | 4.48B | 2.33B | 4.58B | 3.15B | 4.13B | 4.54B |
| Unlevered Free Cash Flow | 4.65B | 2.47B | 4.67B | 3.24B | 4.24B | 4.65B |
| Cash Interest Paid | 217.00M | 185.00M | 140.00M | 161.00M | 173.00M | 185.00M |
| Cash Income Tax Paid | 1.04B | 1.87B | 779.00M | 1.23B | 2.48B | 1.11B |
| Change in Working Capital | 258.00M | -840.00M | 550.00M | 191.00M | -1.16B | -518.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 86.83B | 56.98B | 68.65B | 70.53B | 76.08B | 51.98B |
| Enterprise Value | 90.17B | 61.58B | 66.64B | 69.35B | 76.13B | 53.05B |
| Last Close Price | 165.54 | 101.77 | 114.83 | 110.09 | 112.37 | 71.63 |
| PE Ratio | 12.94 | 11.44 | 10.72 | 9.29 | 9.80 | 11.14 |
| Forward PE | 9.41 | 10.68 | 11.80 | 9.20 | 8.78 | 8.34 |
| PS Ratio | 3.25 | 2.52 | 2.92 | 3.03 | 2.57 | 2.63 |
| PB Ratio | 2.73 | 1.91 | 2.34 | 2.51 | 3.07 | 2.34 |
| P/TBV Ratio | 2.73 | 1.91 | 2.34 | 2.51 | 3.07 | 2.34 |
| P/FCF Ratio | 13.13 | 16.52 | 11.89 | 13.68 | 12.49 | 10.52 |
| P/OCF Ratio | 6.50 | 5.67 | 5.65 | 6.22 | 6.86 | 5.91 |
| PEG Ratio | 0.79 | 2.59 | 2.66 | 1.53 | 0.31 | 0.38 |
| EV/Sales Ratio | 3.37 | 2.72 | 2.84 | 2.98 | 2.57 | 2.68 |
| EV/EBITDA Ratio | 6.22 | 5.25 | 5.30 | 5.25 | 5.52 | 5.25 |
| EV/EBIT Ratio | 10.12 | 9.48 | 8.23 | 7.27 | 7.67 | 8.67 |
| EV/FCF Ratio | 13.63 | 17.85 | 11.55 | 13.45 | 12.49 | 10.74 |
| Debt / Equity Ratio | 0.26 | 0.31 | 0.20 | 0.17 | 0.24 | 0.27 |
| Debt / EBITDA Ratio | 0.54 | 0.72 | 0.42 | 0.34 | 0.41 | 0.55 |
| Debt / FCF Ratio | 1.25 | 2.65 | 1.00 | 0.93 | 0.98 | 1.20 |
| Net Debt / Equity Ratio | 0.10 | 0.19 | -0.04 | -0.02 | -0.00 | 0.03 |
| Net Debt / EBITDA Ratio | 0.23 | 0.49 | -0.10 | -0.04 | -0.00 | 0.07 |
| Net Debt / FCF Ratio | 0.51 | 1.66 | -0.23 | -0.09 | -0.00 | 0.14 |
| Asset Turnover | 0.53 | 0.46 | 0.52 | 0.55 | 0.74 | 0.53 |
| Inventory Turnover | 10.71 | 8.61 | 7.97 | 7.53 | 11.54 | 11.12 |
| Quick Ratio | 1.58 | 1.29 | 1.82 | 1.96 | 1.60 | 1.87 |
| Current Ratio | 1.85 | 1.63 | 2.10 | 2.44 | 1.90 | 2.12 |
| Return on Equity (ROE) | 22.51% | 16.83% | 22.29% | 28.73% | 33.05% | 21.96% |
| Return on Assets (ROA) | 11.02% | 8.20% | 11.12% | 13.99% | 15.58% | 10.33% |
| Return on Invested Capital (ROIC) | 19.75% | 15.98% | 22.67% | 28.56% | 32.64% | 20.65% |
| Return on Capital Employed (ROCE) | 18.00% | 13.80% | 19.40% | 24.00% | 27.70% | 17.90% |
| Earnings Yield | 7.73% | 8.74% | 9.33% | 10.77% | 10.20% | 8.97% |
| FCF Yield | 7.62% | 6.05% | 8.41% | 7.31% | 8.01% | 9.51% |
| Dividend Yield | 2.46% | 3.77% | 3.01% | 2.79% | 2.38% | 2.24% |
| Payout Ratio | 31.89% | 43.39% | 32.59% | 36.89% | 66.35% | 19.96% |
| Buyback Yield / Dilution | 3.33% | 4.04% | 2.57% | 0.51% | -0.51% | -0.86% |
| Total Shareholder Return | 5.79% | 7.81% | 5.58% | 3.30% | 1.86% | 1.37% |