Eog Resources (EOG) Return on Invested Capital [ROIC] (2009 - 2026)
Eog Resources' Return on Invested Capital [ROIC] came in at 17.72% for Q2 2026, up 1.02 percentage points from 16.70% a year earlier and up 3.20 percentage points from the prior quarter.
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Analysis
Eog Resources (EOG) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Eog Resources' Return on Invested Capital [ROIC] was 13.91%, down 5.18 percentage points from FY2024.
- Return on Invested Capital [ROIC] has declined in each of the last three years, though with a five-year change of +15.59 percentage points (FY2020 to FY2025).
- Going back by year, Return on Invested Capital [ROIC] was 19.08% in FY2024 (-5.29 pp), 24.38% in FY2023 (-2.95 pp), 27.33% in FY2022 (+9.37 pp) and 17.96% in FY2021 (+19.65 pp).
- The Q2 2026 figure represents the highest quarterly Return on Invested Capital [ROIC] since Q4 2024.
- Year-over-year, Return on Invested Capital [ROIC] increased in 1 of the last eight quarters, with an average year-over-year change of -4.21 percentage points.
- The fastest year-over-year change in Return on Invested Capital [ROIC] over five years came in Q4 2021 (a gain of 19.42 percentage points), and the weakest in Q1 2024 (a drop of 9.09 percentage points).
- Business Quant data shows EOG's Return on Invested Capital [ROIC] at 14.52% (Q1 2026), 13.20% (Q4 2025) and 15.39% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 753.32 Bn | 716.53 Bn | - | 11.12% |
| 2 | Chevron | 460.83 Bn | 438.62 Bn | 33.45 Bn | -25.37% |
| 3 | Shell | 307.74 Bn | 238.48 Bn | 30.13 Bn | 13.05% |
| 4 | TotalEnergies SE | 204.79 Bn | 87.92 Bn | 61.77 Bn | 36.80% |
| 5 | Conocophillips | 181.17 Bn | 153.88 Bn | 12.81 Bn | 22.50% |
| 6 | Equinor Asa | 122.04 Bn | 36.56 Bn | - | 47.74% |
| 7 | Canadian Natural Resources | 114.63 Bn | 111.64 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 112.97 Bn | 101.96 Bn | 8.38 Bn | -181.46% |
| 9 | Eni Spa | 97.68 Bn | 47.86 Bn | - | 6.87% |
| 10 | Eog Resources | 85.51 Bn | 69.83 Bn | - | 17.72% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.72% |
| Mar 31, 2026 | 14.52% |
| Dec 31, 2025 | 13.20% |
| Sep 30, 2025 | 15.39% |
| Jun 30, 2025 | 16.70% |
| Mar 31, 2025 | 17.49% |
| Dec 31, 2024 | 18.67% |
| Sep 30, 2024 | 21.22% |
| Jun 30, 2024 | 22.68% |
| Mar 31, 2024 | 22.66% |
| Dec 31, 2023 | 23.72% |
| Sep 30, 2023 | 25.42% |
| Jun 30, 2023 | 29.23% |
| Mar 31, 2023 | 31.75% |
| Dec 31, 2022 | 26.57% |
| Sep 30, 2022 | 26.79% |
| Jun 30, 2022 | 21.53% |
| Mar 31, 2022 | 16.72% |
| Dec 31, 2021 | 17.71% |
| Sep 30, 2021 | 12.00% |
API Access
Eog Resources Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=EOG&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=EOG&period=max&api_key=YOUR_API_KEY");
const data = await res.json();