Eog Resources (EOG) Return on Capital Employed [ROCE] (2009 - 2026)
Eog Resources' Return on Capital Employed [ROCE] was 18.27% in Q2 2026, up 0.69 percentage points from 17.58% a year earlier and up 3.23 percentage points from the prior quarter.
Eog Resources (EOG) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Return on Capital Employed [ROCE] at Eog Resources came in at 14.25%, down 5.87 percentage points from FY2024.
- Return on Capital Employed [ROCE] has now declined for three consecutive years, though with a five-year change of +15.90 percentage points (FY2020 to FY2025).
- In earlier years, Return on Capital Employed [ROCE] was 20.12% in FY2024 (-4.80 pp), 24.92% in FY2023 (-4.15 pp), 29.06% in FY2022 (+10.56 pp) and 18.50% in FY2021 (+20.15 pp).
- The Q2 2026 figure marks the highest quarterly Return on Capital Employed [ROCE] since Q1 2025.
- Compared with a year earlier, Return on Capital Employed [ROCE] was higher in 1 of the last eight quarters, with an average year-over-year change of -4.27 percentage points.
- The best year-over-year quarter for Return on Capital Employed [ROCE] over five years was Q4 2021 (a gain of 19.83 percentage points); the worst was Q1 2024 (a drop of 9.21 percentage points).
- Per Business Quant data, EOG's Return on Capital Employed [ROCE] in the three quarters before Q2 2026 was 15.04% (Q1 2026), 13.50% (Q4 2025) and 15.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 673.87 Bn | 637.09 Bn | - | 12.28% |
| 2 | Shell | 543.95 Bn | 454.50 Bn | 30.13 Bn | 19.08% |
| 3 | Chevron | 409.32 Bn | 387.11 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 186.50 Bn | 69.63 Bn | - | - |
| 5 | Eni Spa | 171.15 Bn | 120.67 Bn | - | 5.20% |
| 6 | Conocophillips | 152.65 Bn | 125.36 Bn | 12.81 Bn | 28.17% |
| 7 | Equinor Asa | 105.44 Bn | 51.50 Bn | - | - |
| 8 | Phillips 66 | 105.42 Bn | 94.41 Bn | 8.38 Bn | -190.97% |
| 9 | Canadian Natural Resources | 99.52 Bn | 96.47 Bn | - | - |
| 10 | Eog Resources | 74.15 Bn | 58.47 Bn | - | 18.27% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.27% |
| Mar 31, 2026 | 15.04% |
| Dec 31, 2025 | 13.50% |
| Sep 30, 2025 | 15.83% |
| Jun 30, 2025 | 17.58% |
| Mar 31, 2025 | 18.54% |
| Dec 31, 2024 | 19.56% |
| Sep 30, 2024 | 21.79% |
| Jun 30, 2024 | 23.43% |
| Mar 31, 2024 | 23.22% |
| Dec 31, 2023 | 24.20% |
| Sep 30, 2023 | 25.96% |
| Jun 30, 2023 | 29.47% |
| Mar 31, 2023 | 32.44% |
| Dec 31, 2022 | 28.14% |
| Sep 30, 2022 | 28.72% |
| Jun 30, 2022 | 23.02% |
| Mar 31, 2022 | 17.92% |
| Dec 31, 2021 | 18.13% |
| Sep 30, 2021 | 12.11% |
Eog Resources Return on Capital Employed [ROCE] API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=EOG&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "ticker": "EOG", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=return-on-capital-employed-%5Broce%5D&ticker=EOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();