Eog Resources (EOG) Net Margin (2009 - 2026)
Eog Resources' (EOG) quarterly Net Margin came in at 31.6% in Q2 2026, up 705.0% year-over-year from 3.93% in Q2 2025, and up 10.46% quarter-over-quarter from 28.61% in Q1 2026.
Analysis
Eog Resources (EOG) Net Margin (2009 - 2026) Analysis & Trends
Eog Resources has disclosed Net Margin across 18 years of filings, most recently posting 31.6% for Q2 2026.
- In Q2 2026, Net Margin rose 705.0% year-over-year to 31.6%; the TTM figure through Jun 2026 stood at 25.44% (up 19.0% YoY), while the FY2025 annual figure was 22.0%, down 501.0% from the prior year.
- Net Margin came in at 31.6% for Q2 2026 at Eog Resources, up from 28.61% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 37.59% in Q3 2022 to a low of 9.79% in Q1 2022.
- Average Net Margin over 5 years is 27.37%, with a median of 28.33% recorded in 2024.
- Year-over-year, Net Margin surged 2368 bps in 2023 and plunged 997 bps in 2025.
- Over 5 years, Net Margin stood at 33.89% in 2022, then slipped by 8 bps to 31.27% in 2023, then slipped by 28 bps to 22.4% in 2024, then tumbled by 44 bps to 12.43% in 2025, then jumped by 154 bps to 31.6% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 31.6% in Q2 2026, 28.61% in Q1 2026, and 12.43% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Conocophillips | 161.33 Bn | 153.64 Bn | 12.81 Bn | 20.14% |
| 2 | Canadian Natural Resources | 104.99 Bn | 103.10 Bn | 8.84 Bn | 32.66% |
| 3 | Eog Resources | 76.13 Bn | 71.22 Bn | - | 31.60% |
| 4 | Diamondback Energy | 55.89 Bn | 61.52 Bn | 5.55 Bn | 36.95% |
| 5 | Devon Energy | 52.87 Bn | 51.86 Bn | 6.02 Bn | 22.14% |
| 6 | Expand Energy | 22.67 Bn | 21.40 Bn | 2.33 Bn | 17.64% |
| 7 | Permian Resources | 19.56 Bn | 19.30 Bn | - | 42.65% |
| 8 | Ovintiv | 17.91 Bn | 17.03 Bn | 2.83 Bn | 15.13% |
| 9 | Apa | 14.98 Bn | 15.46 Bn | 2.28 Bn | 31.14% |
| 10 | Antero Resources | 12.17 Bn | 11.60 Bn | 1.56 Bn | 17.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.60% |
| Mar 31, 2026 | 28.61% |
| Dec 31, 2025 | 12.43% |
| Sep 30, 2025 | 25.16% |
| Jun 30, 2025 | 24.55% |
| Mar 31, 2025 | 25.81% |
| Dec 31, 2024 | 22.40% |
| Sep 30, 2024 | 28.05% |
| Jun 30, 2024 | 28.05% |
| Mar 31, 2024 | 29.22% |
| Dec 31, 2023 | 31.27% |
| Sep 30, 2023 | 32.68% |
| Jun 30, 2023 | 27.87% |
| Mar 31, 2023 | 33.47% |
| Dec 31, 2022 | 33.89% |
| Sep 30, 2022 | 37.59% |
| Jun 30, 2022 | 30.21% |
| Mar 31, 2022 | 9.79% |
| Dec 31, 2021 | 32.84% |
| Sep 30, 2021 | 22.98% |