EOG RESOURCES INC (EOG) closed fiscal year 2025 with a gross margin of 63.2 % and a net margin of 22.0 %.
EOG RESOURCES INC (EOG) closed fiscal year 2025 with a gross margin of 63.2 % and a net margin of 22.0 %. The same year shows an EBITDA margin of 47.9 % and an EBIT margin of 28.2 %. The free cash flow margin was 15.2 %. Against the previous year the gross margin moved −4.2 pp and the net margin −5.0 pp. Across the period the gross margin ranges between 63.2 % in 2025 and 89.6 % in 2022. The series covers 19 fiscal years, from 2007 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 89.61 % | 68.70 % | 67.41 % | 63.24 % |
| EBITDA margin (%) | 64.02 % | 71.47 % | 52.64 % | 40.41 % | 45.72 % | 39.80 % | 50.23 % | 51.23 % | -38.51 % | 30.43 % | 38.68 % | 45.76 % | 42.86 % | 25.89 % | 52.32 % | 52.56 % | 54.14 % | 51.44 % | 47.92 % |
| EBIT margin (%) | 38.88 % | 52.86 % | 20.28 % | 8.58 % | 20.87 % | 12.67 % | 25.37 % | 29.06 % | -76.35 % | -16.02 % | 8.27 % | 25.87 % | 21.28 % | -4.93 % | 32.73 % | 38.78 % | 39.70 % | 34.10 % | 28.21 % |
| Net margin (%) | 25.71 % | 34.19 % | 11.42 % | 2.63 % | 10.78 % | 4.88 % | 15.17 % | 16.17 % | -51.66 % | -14.33 % | 23.04 % | 19.79 % | 15.74 % | -5.48 % | 25.02 % | 30.19 % | 31.40 % | 27.02 % | 22.00 % |
| FCF margin (%) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | 23.71 % | 21.31 % | 24.35 % | 15.24 % |