EOG Resources, Inc. (EOG) Key Metrics
EOG valuation today
Trailing 12 months · as of October 18, 2026- Market cap
- $82.88B
- Enterprise value
- $77.74B
- P/E (TTM)
- 12.3 10-yr median 11.2
- Forward P/E
- 10.1
- PEG ratio
- 1.35
- Price / sales
- 3.1 10-yr median 2.9
- Price / book
- 2.3 10-yr median 2.4
- EV / EBITDA
- 5.6 10-yr median 6.3
- Dividend yield
- 2.58% $4.08 a year
- Beta
- 0.37
EOG key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsEOG valuation Price multiples at each fiscal year-end price.
EOG returns How much profit the business earns on the capital it uses.
EOG per-share figures Results divided by the shares outstanding at year-end.
EOG financial health Debt, liquidity and how easily interest is covered.
EOG efficiency & capital use Working capital cycle and where the cash goes.
EOG valuation history
EOG returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
EOG debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
EOG cash returned to shareholders
EOG price vs earnings per share
EOG key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $56.62B | $69.75B | $70.63B | $76.03B | $51.88B | $28.87B | $48.65B | $50.62B | $62.45B | $55.95B |
| Enterprise value | $61.64B | $67.72B | $69.51B | $76.01B | $52.57B | $32.30B | $52.16B | $55.14B | $68.00B | $61.34B |
| P/E ratio | 11.4 | 10.9 | 9.3 | 9.8 | 11.1 | — | 17.8 | 14.8 | 24.2 | — |
| Price / sales | 2.5 | 3.0 | 3.0 | 2.6 | 2.6 | 2.9 | 2.9 | 2.9 | 5.6 | 7.5 |
| Price / book | 1.9 | 2.4 | 2.5 | 3.1 | 2.3 | 1.4 | 2.2 | 2.6 | 3.8 | 4.0 |
| Price / free cash flow | 16.4 | 12.1 | 13.7 | 35.3 | 10.5 | 18.7 | 27.9 | 29.9 | 442.6 | — |
| Price / operating cash flow | 5.6 | 5.7 | 6.2 | 24.0 | 5.9 | 5.8 | 6.0 | 6.5 | 14.6 | 23.7 |
| EV / sales | 2.7 | 2.9 | 3.0 | 2.6 | 2.7 | 3.3 | 3.1 | 3.2 | 6.1 | 8.2 |
| EV / EBITDA | 5.3 | 5.4 | 5.2 | 5.6 | 5.4 | 11.3 | 7.0 | 7.0 | 15.7 | 26.9 |
| EV / free cash flow | 17.9 | 11.7 | 13.5 | 35.3 | 10.6 | 20.9 | 30.0 | 32.6 | 482.0 | — |
| Earnings yield | 8.8% | 9.2% | 10.8% | 10.2% | 9.0% | −2.1% | 5.6% | 6.8% | 4.1% | −2.0% |
| Free cash flow yield | 6.1% | 8.3% | 7.3% | 2.8% | 9.5% | 5.3% | 3.6% | 3.3% | 0.2% | −0.4% |
| Dividend yield | 3.8% | 3.0% | 4.8% | 1.8% | 5.2% | 2.8% | 1.2% | 0.9% | 0.6% | 0.7% |
| Shareholder yield (dividends + buybacks) | 8.3% | 7.6% | 6.3% | 1.9% | 5.3% | 2.9% | 1.3% | 1.0% | 0.7% | 0.8% |
| Share price at fiscal year-end | $105.01 | $122.58 | $120.95 | $129.52 | $88.83 | $49.87 | $83.76 | $87.21 | $107.91 | $101.10 |
| Per share | ||||||||||
| Revenue per share | $42.01 | $41.09 | $39.70 | $50.24 | $33.68 | $17.06 | $29.17 | $29.59 | $19.36 | $13.49 |
| Earnings per share | $9.24 | $11.25 | $13.00 | $13.22 | $7.99 | −$1.04 | $4.71 | $5.89 | $4.46 | −$1.98 |
| Operating cash flow per share | $18.63 | $21.34 | $19.42 | $5.39 | $15.05 | $8.65 | $14.06 | $13.38 | $7.37 | $4.26 |
| Free cash flow per share | $6.40 | $10.14 | $8.83 | $3.67 | $8.46 | $2.67 | $3.00 | $2.92 | $0.24 | −$0.40 |
| Cash per share | $6.30 | $12.46 | $9.04 | $10.17 | $8.92 | $5.75 | $3.49 | $2.68 | $1.44 | $2.89 |
| Book value per share | $55.33 | $51.58 | $48.10 | $42.21 | $37.98 | $35.07 | $37.26 | $33.36 | $28.14 | $25.26 |
| Tangible book value per share | $55.33 | $51.58 | $48.10 | $42.21 | $37.98 | $35.07 | $37.26 | $33.36 | $28.14 | $25.26 |
| Dividends per share | $4.01 | $3.67 | $5.80 | $2.40 | $4.60 | $1.42 | $1.01 | $0.75 | $0.67 | $0.67 |
| Capex per share | $12.23 | $11.20 | $10.59 | $1.73 | $6.59 | $5.98 | $11.06 | $10.47 | $7.13 | $4.67 |
| Debt per share | $15.59 | $8.91 | $7.12 | $10.15 | $10.11 | $11.66 | $9.55 | $10.48 | $11.04 | $12.62 |
| Shares outstanding | 539.2M | 569.0M | 584.0M | 587.0M | 584.0M | 578.9M | 580.8M | 580.4M | 578.7M | 553.4M |
| Change in shares outstanding | −5.2% | −2.6% | −0.5% | +0.5% | +0.9% | −0.3% | +0.1% | +0.3% | +4.6% | +1.4% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 16.8% | 22.3% | 28.7% | 33.0% | 22.0% | −2.9% | 13.3% | 19.2% | 17.1% | −8.1% |
| Return on invested capital (ROIC) | 16.1% | 23.2% | 29.1% | 32.8% | 20.6% | −1.8% | 11.6% | 15.8% | 4.5% | −5.1% |
| Return on assets (ROA) | 10.1% | 14.1% | 17.8% | 19.5% | 12.6% | −1.7% | 7.7% | 10.7% | 8.7% | −3.9% |
| Return on tangible assets | 9.6% | 13.6% | 17.3% | 18.8% | 12.2% | −1.7% | 7.4% | 10.1% | 8.7% | −3.7% |
| Free cash flow margin | 15.2% | 24.7% | 22.2% | 7.3% | 25.1% | 15.6% | 10.3% | 9.9% | 1.3% | −3.0% |
| Income quality (OCF / net income) | 2.02 | 1.90 | 1.49 | 0.41 | 1.88 | — | 2.98 | 2.27 | 1.65 | — |
| Financial health | ||||||||||
| Total debt | $8.41B | $5.07B | $4.16B | $5.96B | $5.91B | $6.75B | $5.54B | $6.08B | $6.39B | $6.99B |
| Cash & short-term investments | $3.40B | $7.09B | $5.28B | $5.97B | $5.21B | $3.33B | $2.03B | $1.56B | $834.2M | $1.60B |
| Net debt | $5.01B | −$2.02B | −$1.12B | −$14.0M | $698.0M | $3.42B | $3.52B | $4.53B | $5.55B | $5.39B |
| Debt / equity | 0.28 | 0.17 | 0.15 | 0.24 | 0.27 | 0.33 | 0.26 | 0.31 | 0.39 | 0.50 |
| Debt / assets | 0.16 | 0.11 | 0.09 | 0.14 | 0.15 | 0.19 | 0.15 | 0.18 | 0.21 | 0.24 |
| Net debt / EBITDA | 0.43 | −0.16 | −0.08 | −0.00 | 0.07 | 1.19 | 0.47 | 0.57 | 1.28 | 2.36 |
| Current ratio | 1.63 | 2.10 | 2.44 | 1.90 | 2.12 | 1.69 | 1.18 | 1.36 | 1.20 | 1.75 |
| Quick ratio | 1.42 | 1.91 | 2.13 | 1.71 | 1.98 | 1.51 | 1.00 | 1.13 | 1.03 | 1.58 |
| Interest coverage | 29.0 | 58.6 | 64.9 | 55.7 | 34.3 | -2.7 | 20.0 | 18.2 | 3.4 | -4.3 |
| Working capital | $2.96B | $5.88B | $5.86B | $4.96B | $4.54B | $2.40B | $786.4M | $1.33B | $553.6M | $1.53B |
| Invested capital | $34.84B | $27.33B | $26.97B | $24.77B | $22.88B | $23.73B | $25.16B | $23.89B | $21.84B | $19.37B |
| Tangible asset value | $29.83B | $29.35B | $28.09B | $24.78B | $22.18B | $20.30B | $21.64B | $19.36B | $16.28B | $13.98B |
| Net current asset value | −$14.31B | −$6.61B | −$5.83B | −$6.12B | −$7.47B | −$9.64B | −$10.21B | −$9.51B | −$10.27B | −$11.92B |
| Graham number | $107.22 | $114.28 | $118.63 | $112.05 | $82.61 | — | $62.83 | $66.50 | $53.15 | — |
| Graham net-net per share | −$29.77 | −$14.52 | −$13.38 | −$13.52 | −$15.07 | −$18.48 | −$19.73 | −$18.66 | −$19.34 | −$23.10 |
| Capital allocation | ||||||||||
| Dividends paid | $2.16B | $2.09B | $3.39B | $1.41B | $2.68B | $820.8M | $588.2M | $438.0M | $386.5M | $372.8M |
| Share buybacks (net) | $2.56B | $3.25B | $1.04B | $8.0M | $41.0M | $16.1M | $25.2M | $63.5M | $63.4M | $82.1M |
| Dividend payout ratio | 43.4% | 32.6% | 44.6% | 18.1% | 57.5% | — | 21.5% | 12.8% | 15.0% | — |
| Dividends + buybacks / free cash flow | 137.0% | 92.4% | 85.8% | 65.7% | 55.2% | 54.2% | 35.2% | 29.6% | 318.9% | — |
| Capex / revenue | 29.1% | 27.3% | 26.7% | 3.4% | 19.6% | 35.1% | 37.9% | 35.4% | 36.8% | 34.6% |
| Capex / operating cash flow | 65.7% | 52.5% | 54.5% | 32.0% | 43.8% | 69.2% | 78.7% | 78.2% | 96.7% | 109.5% |
| Capex / depreciation | 1.48 | 1.55 | 1.77 | 1.11 | 0.75 | 0.79 | 1.62 | 1.61 | 1.04 | 0.64 |
| Stock-based compensation / revenue | 1.0% | 0.9% | 0.8% | 0.1% | 0.8% | 1.5% | 1.0% | 0.9% | 1.2% | 1.7% |
| R&D / revenue | — | — | — | — | 0.8% | 0.4% | — | — | — | — |
| SG&A / revenue | 4.9% | 27.3% | 27.4% | 24.1% | 23.8% | 32.2% | 34.5% | 32.8% | 33.6% | 32.2% |
| Efficiency | ||||||||||
| Days sales outstanding | 42.9 | 41.9 | 44.0 | 32.2 | 36.0 | 68.4 | 48.4 | 43.1 | 47.9 | 53.8 |
| Days of inventory on hand | 42.4 | 72.6 | 86.1 | 61.5 | 41.4 | 51.8 | 53.0 | 47.6 | 33.1 | 37.6 |
| Days payables outstanding | 113.9 | 157.5 | 183.3 | 178.8 | 133.9 | 152.4 | 152.3 | 144.7 | 133.2 | 118.3 |
| Cash conversion cycle (days) | -28.5 | -43.0 | -53.3 | -85.1 | -56.5 | -32.3 | -50.8 | -54.1 | -52.2 | -26.9 |
| Receivables turnover | 8.50 | 8.71 | 8.30 | 11.33 | 10.14 | 5.34 | 7.54 | 8.47 | 7.62 | 6.78 |
| Payables turnover | 3.21 | 2.32 | 1.99 | 2.04 | 2.72 | 2.40 | 2.40 | 2.52 | 2.74 | 3.09 |
| Inventory turnover | 8.61 | 5.03 | 4.24 | 5.94 | 8.81 | 7.05 | 6.88 | 7.68 | 11.04 | 9.70 |
| Asset turnover | 0.46 | 0.51 | 0.54 | 0.74 | 0.53 | 0.27 | 0.48 | 0.54 | 0.38 | 0.26 |
| Average receivables | $2.67B | $2.68B | $2.79B | $2.60B | $1.94B | $1.85B | $2.25B | $2.03B | $1.47B | $1.10B |
| Average payables | $2.68B | $2.45B | $2.48B | $2.39B | $1.96B | $2.06B | $2.33B | $2.04B | $1.68B | $1.49B |
| Average inventory | $999.5M | $1.13B | $1.17B | $821.0M | $606.5M | $698.1M | $813.3M | $671.6M | $416.9M | $474.5M |
| Intangibles / total assets | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
Computed from EOG's annual financial statements (latest annual report filed February 24, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
EOG valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), EOG Resources traded at 11.4 times earnings, against a 10-year median of 11.2. Based on the latest twelve months, the trailing P/E is 12.3 and the forward P/E is 10.1. EOG Resources earned a return on equity of 16.8% and a return on invested capital of 16.1% in fiscal 2025. It ended the year with $8.4 billion of debt and $3.4 billion in cash and short-term investments, net debt of $5.0 billion. It returned $4.7 billion to shareholders: $2.2 billion in dividends and $2.6 billion in share buybacks, 137% of free cash flow.
See the EOG income statement, the EOG chart for price history, or the EOG stock overview for the latest quote and news.
EOG key metrics FAQ
What is EOG Resources's P/E ratio?
EOG Resources's trailing P/E ratio is 12.3 based on the last twelve months of earnings (as of October 18, 2026), and its forward P/E is 10.1. At the end of fiscal 2025 it was 11.4, compared with a 10-year median of 11.2.
What is EOG Resources's EV/EBITDA?
EOG Resources's enterprise value was 5.3 times EBITDA at the end of fiscal 2025 (enterprise value $61.6 billion, EBITDA $11.7 billion); the current EV/EBITDA is 5.6.
What is EOG Resources's return on equity?
EOG Resources's return on equity (ROE) was 16.8% in fiscal 2025: net income of $5.0 billion on average shareholders' equity of $29.6 billion.
What is EOG Resources's ROIC?
EOG Resources's return on invested capital was 16.1% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does EOG Resources have?
EOG Resources had total debt of $8.4 billion at the end of fiscal 2025, a debt-to-equity ratio of 0.28 and $5.0 billion of net debt (0.43 times EBITDA).
What is EOG Resources's dividend yield?
EOG Resources's forward dividend yield is 2.58%. EOG Resources paid $2.2 billion in dividends in fiscal 2025 ($4.01 per share), a payout ratio of 43.4%.
Does EOG Resources buy back its shares?
Yes. EOG Resources spent $2.6 billion on net share repurchases in fiscal 2025 Shares outstanding changed −5.2% over the year, to 539.2M..
What is EOG Resources's free cash flow yield?
EOG Resources generated $3.5 billion of free cash flow in fiscal 2025, a free cash flow yield of 6.1% on its market value at year-end ($56.6 billion).
What is EOG Resources's current ratio?
EOG Resources's current ratio was 1.63 at the end of fiscal 2025: current assets were 1.63 times current liabilities.