EOG Resources (EOG) financial statements
EOG Resources reported revenue of $22.6B in fiscal 2025, up 12.8% a year over 9 years.
Net income was $5.0B and the operating margin 28.2%, against -16.0% in 2016.
Revenue and free cash flow
Fiscal years, $ billions.
Income statement
Fiscal years, from EOG Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $7.7B | $11.2B | $17.3B | $17.4B | $11.0B | $18.6B | $25.7B | $24.2B | $23.7B | $22.6B |
| Selling, general and admin | $395M | $434M | $427M | $489M | $484M | $511M | $570M | $640M | $669M | $820M |
| Operating income | -$1.2B | $926M | $4.5B | $3.7B | -$544M | $6.1B | $10.0B | $9.6B | $8.1B | $6.4B |
| Interest expense | $282M | $274M | $245M | $185M | $205M | $178M | $179M | $148M | $138M | $235M |
| Pre-tax income | -$1.6B | $661M | $4.2B | $3.5B | -$739M | $5.9B | $9.9B | $9.7B | $8.2B | $6.4B |
| Income tax | -$461M | -$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 | $5.0B |
| EPS (diluted) | -$1.98 | $4.46 | $5.89 | $4.71 | -$1.04 | $7.99 | $13.22 | $13.00 | $11.25 | $9.12 |
| Diluted shares | 553M | 579M | 580M | 581M | 579M | 584M | 587M | 584M | 569M | 546M |
| Operating margin | -16.0% | 8.3% | 25.9% | 21.3% | -4.9% | 32.7% | 38.8% | 39.7% | 34.1% | 28.2% |
| Net margin | -14.3% | 23.0% | 19.8% | 15.7% | -5.5% | 25.0% | 30.2% | 31.4% | 27.0% | 22.0% |
Balance sheet
Fiscal years, from EOG Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and short-term investments | $1.6B | $834M | $1.6B | $2.0B | $3.3B | $5.2B | $6.0B | $5.3B | $7.1B | $3.4B |
| Receivables | $1.2B | $1.6B | $1.9B | $2.0B | $1.5B | $2.3B | $2.8B | $2.7B | $2.6B | $2.7B |
| Inventory | $350M | $484M | $859M | $767M | $629M | $584M | $1.1B | $1.3B | $985M | $1.0B |
| 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 and equipment | $25.7B | $25.7B | $28.1B | $30.4B | $28.6B | $28.4B | $29.4B | $32.3B | $34.2B | $42.3B |
| Total assets | $29.3B | $29.8B | $33.9B | $37.1B | $35.8B | $38.2B | $41.4B | $43.9B | $47.2B | $51.8B |
| Total current liabilities | $2.0B | $2.7B | $3.7B | $4.5B | $3.5B | $4.0B | $5.5B | $4.1B | $5.4B | $4.7B |
| Long-term debt | $7.0B | $6.0B | $5.2B | $4.2B | $5.0B | $5.1B | $3.8B | $3.8B | $4.2B | $7.9B |
| Total liabilities | $15.3B | $13.5B | $14.6B | $15.5B | $15.5B | $16.1B | $16.6B | $15.8B | $17.8B | $22.0B |
| Shareholders' equity | $14.0B | $16.3B | $19.4B | $21.6B | $20.3B | $22.2B | $24.8B | $28.1B | $29.4B | $29.8B |
| Net debt | $5.4B | $5.6B | $4.5B | $3.1B | $2.5B | -$100M | -$894M | -$1.5B | -$2.3B | $4.5B |
Cash flow
Fiscal years, from EOG Resources's 10-K filings with the SEC.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $2.4B | $4.3B | $7.8B | $8.2B | $5.0B | $8.8B | $11.1B | $11.3B | $12.1B | $10.0B |
| Stock-based compensation | $128M | $134M | $155M | $175M | $146M | $152M | $133M | $177M | $199M | $216M |
| Share buybacks (net) | -$82M | -$63M | -$63M | -$25M | -$16M | -$41M | -$118M | -$1.0B | -$3.2B | -$2.6B |
| Net borrowing | $427M | -$600M | -$350M | -$900M | -$1.0B | -$750M | $0 | -$1.2B | $985M | $2.0B |
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Open EOG in InvestinglyQuestions
What was EOG Resources's revenue in 2025?
$22.6B in fiscal 2025, from its 10-K filing.
From EOG Resources's annual reports filed with the SEC (XBRL data), standardised by Investingly. Information only, not investment advice.