EOG Resources Inc (EOG)

Net profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Net income (ttm)	US$ in thousands	6,403,000	7,140,000	7,497,000	7,360,000	7,594,000	7,883,000	8,707,000	9,392,000	7,759,000	7,467,000	5,708,000	4,377,000	4,664,000	3,016,466	1,878,999	62,615	-604,385	-305,330	352,259	2,109,484
Revenue (ttm)	US$ in thousands	23,427,000	23,807,000	24,055,000	23,463,000	23,182,000	23,871,000	25,351,000	27,298,000	25,702,000	25,027,000	22,199,000	18,931,000	18,642,000	15,481,640	13,018,780	10,092,800	9,873,240	11,217,340	13,103,000	16,376,500
Net profit margin		27.33%	29.99%	31.17%	31.37%	32.76%	33.02%	34.35%	34.41%	30.19%	29.84%	25.71%	23.12%	25.02%	19.48%	14.43%	0.62%	-6.12%	-2.72%	2.69%	12.88%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $6,403,000K ÷ $23,427,000K
= 27.33%

The net profit margin of EOG Resources Inc has shown some fluctuations over the quarters, ranging from negative figures to positive percentages. From March 31, 2020, to December 31, 2022, the net profit margin gradually improved, reaching a peak of 30.19% in December 31, 2022. Subsequently, in the following quarters up to December 31, 2024, the net profit margin exhibited a declining trend, dropping to 27.33% by the end of 2024.

Overall, EOG Resources Inc's net profit margin has demonstrated volatility but has generally shown an upward trajectory in the earlier periods, followed by a more recent slight decline in profitability. It is essential for the company to monitor and manage its profitability to ensure sustainable growth and operational efficiency in the future.