EOG Resources, Inc. (EOG) Financial Ratios
30 years of historical data (1996–2025) · Energy · Oil & Gas Exploration & Production
EV/EBITDA
↓
5.98
+12% vs avg
5yr avg: 5.35
30Y Low3.6·High26.3
P/FCF
↑
18.01
↑+43% vs avg
5yr avg: 12.64
30Y Low10.5·High170.5
P/B Ratio
↓
2.40
-2% vs avg
5yr avg: 2.44
30Y Low1.4·High4.7
ROE
↓
16.8%
↑-32% vs avg
5yr avg: 24.6%
30Y Low-30%·High47%
Debt/EBITDA
↑
0.66
↑+36% vs avg
5yr avg: 0.49
30Y Low0.3·High3.0
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
EOG Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
EOG Resources, Inc. trades at 14.6x earnings, 38% above its 5-year average of 10.5x, sitting at the 44th percentile of its historical range. Compared to the Energy sector median P/E of 15.6x, the stock trades at a discount of 7%. On a free-cash-flow basis, the stock trades at 18.0x P/FCF, 43% above the 5-year average of 12.6x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $70.7B | $56.6B | $69.7B | $70.6B | $76.0B | $51.9B | $28.9B | $48.6B | $50.6B | $62.4B | $55.9B |
| Enterprise Value | $75.8B | $61.6B | $67.7B | $69.5B | $76.0B | $52.6B | $32.3B | $52.2B | $55.1B | $68.0B | $61.3B |
| P/E Ratio → | 14.58 | 11.53 | 10.90 | 9.30 | 9.80 | 11.12 | — | 17.78 | 14.81 | 24.20 | — |
| P/S Ratio | 3.14 | 2.51 | 2.98 | 3.05 | 2.58 | 2.64 | 2.92 | 2.87 | 2.95 | 5.57 | 7.50 |
| P/B Ratio | 2.40 | 1.90 | 2.38 | 2.51 | 3.07 | 2.34 | 1.42 | 2.25 | 2.61 | 3.84 | 4.00 |
| P/FCF | 18.01 | 14.41 | 12.09 | 13.70 | 12.48 | 10.50 | 18.71 | 27.95 | 29.91 | 442.60 | — |
| P/OCF | 7.04 | 5.64 | 5.74 | 6.23 | 6.85 | 5.90 | 5.77 | 5.96 | 6.52 | 14.64 | 23.72 |
P/E links to full P/E history page with 30-year chart
EOG EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
EOG Resources, Inc.'s enterprise value stands at 6.0x EBITDA, 12% above its 5-year average of 5.3x. The Energy sector median is 7.9x, placing the stock at a 24% discount on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 2.73 | 2.90 | 3.00 | 2.58 | 2.67 | 3.27 | 3.08 | 3.21 | 6.07 | 8.22 |
| EV / EBITDA | 5.98 | 4.86 | 5.56 | 5.31 | 5.63 | 5.39 | 11.31 | 7.00 | 6.98 | 15.68 | 26.35 |
| EV / EBIT | 9.55 | 9.40 | 8.10 | 7.07 | 7.54 | 8.60 | — | 13.98 | 12.29 | 72.68 | — |
| EV / FCF | — | 15.69 | 11.74 | 13.48 | 12.48 | 10.64 | 20.93 | 29.97 | 32.59 | 481.95 | — |
EOG Profitability
Margins and return-on-capital ratios measuring operating efficiency
EOG Resources, Inc. earns an operating margin of 35.1%, significantly above the Energy sector average of 13.8%. Operating margins have compressed from 41.4% to 35.1% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 16.8% indicates solid capital efficiency, compared to the sector median of 7.2%. ROIC of 19.1% represents solid returns on invested capital versus a sector median of 6.2%.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 68.1% | 68.1% | 75.7% | 78.7% | 83.5% | 72.8% | 50.2% | 67.0% | 70.0% | 58.9% | 38.3% |
| Operating Margin | 35.1% | 35.1% | 34.6% | 41.4% | 33.8% | 31.0% | -5.5% | 21.8% | 26.0% | 8.3% | -16.4% |
| Net Profit Margin | 22.1% | 22.1% | 27.4% | 32.8% | 26.3% | 23.7% | -6.1% | 16.1% | 19.9% | 23.0% | -14.7% |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 16.8% | 16.8% | 22.3% | 28.7% | 33.0% | 22.0% | -2.9% | 13.3% | 19.2% | 17.1% | -8.1% |
| ROA | 10.1% | 10.1% | 14.1% | 17.8% | 19.5% | 12.6% | -1.7% | 7.7% | 10.7% | 8.7% | -3.9% |
| ROIC | 19.1% | 19.1% | 22.3% | 27.8% | 31.4% | 19.6% | -1.7% | 11.3% | 14.7% | 3.4% | -4.8% |
| ROCE | 17.6% | 17.6% | 19.8% | 25.4% | 28.5% | 18.3% | -1.7% | 11.8% | 15.6% | 3.4% | -4.7% |
EOG Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
EOG Resources, Inc. carries a Debt/EBITDA ratio of 0.7x, which is very conservative (75% below the sector average of 2.6x). Net debt stands at $5.0B ($8.4B total debt minus $3.4B cash). Interest coverage of 29.8x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.28 | 0.28 | 0.17 | 0.15 | 0.24 | 0.27 | 0.33 | 0.26 | 0.31 | 0.39 | 0.50 |
| Debt / EBITDA | 0.66 | 0.66 | 0.42 | 0.32 | 0.44 | 0.61 | 2.36 | 0.74 | 0.77 | 1.47 | 3.00 |
| Net Debt / Equity | — | 0.17 | -0.07 | -0.04 | -0.00 | 0.03 | 0.17 | 0.16 | 0.23 | 0.34 | 0.39 |
| Net Debt / EBITDA | 0.40 | 0.40 | -0.17 | -0.09 | -0.00 | 0.07 | 1.20 | 0.47 | 0.57 | 1.28 | 2.31 |
| Debt / FCF | — | 1.28 | -0.35 | -0.22 | -0.00 | 0.14 | 2.22 | 2.02 | 2.68 | 39.36 | — |
| Interest Coverage | 29.82 | 29.82 | 60.55 | 66.47 | 56.31 | 34.33 | -2.60 | 20.16 | 18.31 | 3.41 | -4.53 |
EOG Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.92x means EOG Resources, Inc. can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.44x to 1.92x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.92 | 1.92 | 2.10 | 2.44 | 1.90 | 2.12 | 1.69 | 1.18 | 1.36 | 1.20 | 1.75 |
| Quick Ratio | 1.64 | 1.64 | 1.91 | 2.13 | 1.71 | 1.98 | 1.51 | 1.00 | 1.13 | 1.03 | 1.58 |
| Cash Ratio | 0.92 | 0.92 | 1.32 | 1.30 | 1.08 | 1.29 | 0.96 | 0.45 | 0.42 | 0.31 | 0.79 |
| Asset Turnover | — | 0.44 | 0.50 | 0.53 | 0.71 | 0.51 | 0.28 | 0.46 | 0.51 | 0.38 | 0.25 |
| Inventory Turnover | 7.10 | 7.10 | 5.77 | 3.88 | 4.61 | 9.15 | 7.83 | 7.29 | 6.00 | 9.51 | 13.15 |
| Days Sales Outstanding | — | 43.36 | 41.37 | 42.76 | 35.53 | 43.33 | 57.11 | 46.39 | 49.79 | 55.73 | 60.09 |
EOG Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
EOG Resources, Inc. returns 6.6% to shareholders annually — split between a 3.0% dividend yield and 3.6% buyback yield. A payout ratio of 43.4% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 6.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 3.0% | 3.8% | 3.0% | 4.8% | 6.8% | 5.2% | 2.8% | 1.2% | 0.9% | 0.6% | 0.7% |
| Payout Ratio | 43.4% | 43.4% | 32.6% | 44.6% | 66.3% | 57.5% | — | 21.5% | 12.8% | 15.0% | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 6.9% | 8.7% | 9.2% | 10.7% | 10.2% | 9.0% | — | 5.6% | 6.8% | 4.1% | — |
| FCF Yield | 5.6% | 6.9% | 8.3% | 7.3% | 8.0% | 9.5% | 5.3% | 3.6% | 3.3% | 0.2% | — |
| Buyback Yield | 3.6% | 4.5% | 4.7% | 1.5% | 0.2% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% | 0.1% |
| Total Shareholder Yield | 6.6% | 8.3% | 7.6% | 6.3% | 6.9% | 5.3% | 2.9% | 1.3% | 1.0% | 0.7% | 0.8% |
| Shares Outstanding | — | $539M | $569M | $584M | $587M | $584M | $579M | $581M | $580M | $579M | $553M |
Peer Comparison
Compare EOG with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 EOGYou | $71B | 14.6 | 6.0 | 18.0 | 68.1% | 35.1% | 16.8% | 19.1% | 0.7 |
 DVN | $27B | 10.3 | 4.6 | 8.6 | 24.7% | 22.0% | 17.5% | 12.3% | 1.2 |
 FANG | $53B | 32.8 | 6.8 | 10.1 | 35.2% | 32.7% | 4.0% | 6.7% | 1.5 |
 APA | $12B | 8.6 | 3.1 | 6.8 | 37.3% | 30.8% | 21.5% | 17.8% | 0.9 |
 CTRA | $25B | 14.5 | 5.9 | 15.1 | 60.4% | 89.1% | 12.3% | 10.9% | 0.8 |
 COP | $134B | 17.3 | 6.5 | 8.0 | 24.6% | 19.6% | 12.4% | 10.4% | 1.0 |
 OXY | $52B | 32.3 | 6.5 | 12.6 | 33.8% | 17.2% | 6.7% | 4.7% | 2.1 |
 SM | $3B | 4.9 | 2.5 | 5.5 | 31.9% | 26.1% | 14.3% | 8.9% | 1.1 |
 MTDR | $6B | 8.3 | 4.1 | 26.0 | 43.7% | 32.5% | 13.3% | 10.5% | 1.5 |
 CIVI | $2B | 3.2 | 1.9 | 2.6 | 41.2% | 29.0% | 13.1% | 10.8% | 1.3 |
 HAL | $29B | 23.4 | 10.4 | 17.6 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 |
| Energy Median | — | 15.6 | 7.9 | 13.9 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 30 years · Updated daily
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EOG — Frequently Asked Questions
Quick answers to the most common questions about buying EOG stock.
What is EOG Resources, Inc.'s P/E ratio?
EOG Resources, Inc.'s current P/E ratio is 14.6x. The historical average is 25.8x. This places it at the 44th percentile of its historical range.
What is EOG Resources, Inc.'s EV/EBITDA?
EOG Resources, Inc.'s current EV/EBITDA is 6.0x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 8.3x.
What is EOG Resources, Inc.'s ROE?
EOG Resources, Inc.'s return on equity (ROE) is 16.8%. The historical average is 15.9%.
Is EOG stock overvalued?
Based on historical data, EOG Resources, Inc. is trading at a P/E of 14.6x. This is at the 44th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What is EOG Resources, Inc.'s dividend yield?
EOG Resources, Inc.'s current dividend yield is 3.02% with a payout ratio of 43.4%.
What are EOG Resources, Inc.'s profit margins?
EOG Resources, Inc. has 68.1% gross margin and 35.1% operating margin. Operating margin above 20% indicates strong pricing power and cost efficiency.
How much debt does EOG Resources, Inc. have?
EOG Resources, Inc.'s Debt/EBITDA ratio is 0.7x, indicating low leverage. A ratio below 2x is generally considered financially healthy.