EOG Resources Inc (EOG)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 96.26% | 96.22% | 96.26% | 96.35% | 96.07% | 95.76% | 95.37% | 94.86% | 94.91% | 96.45% | 95.91% | 91.95% | 78.79% | 81.11% | 83.52% | 87.91% | 96.14% | 96.19% | 96.78% | 94.76% |
| Operating profit margin | 39.70% | 40.54% | 42.65% | 43.19% | 38.78% | 38.52% | 33.55% | 30.19% | 32.73% | 26.10% | 19.84% | 3.29% | -4.93% | -1.36% | 4.59% | 15.97% | 21.28% | 22.45% | 25.60% | 25.33% |
| Pretax margin | 40.06% | 40.79% | 42.82% | 43.22% | 38.52% | 38.12% | 32.92% | 29.31% | 31.83% | 24.81% | 18.24% | 1.11% | -6.70% | -2.71% | 3.56% | 15.24% | 20.40% | 21.56% | 24.58% | 24.10% |
| Net profit margin | 31.40% | 32.11% | 33.58% | 33.83% | 30.19% | 29.84% | 25.71% | 23.12% | 25.02% | 19.38% | 14.41% | 0.62% | -5.48% | -2.47% | 2.43% | 11.69% | 15.74% | 16.96% | 19.69% | 19.35% |
The gross profit margin for EOG Resources, Inc. remained consistently high at 100% across all quarters in the provided data. This indicates that the company is effectively managing its production costs and generating significant gross profits from its operations.
Looking at the operating profit margin, EOG Resources, Inc. demonstrated a fluctuating trend over the quarters, ranging from a low of 28.67% in Q1 2022 to a high of 52.37% in Q2 2023. The operating profit margin reflects the company's ability to control operating expenses while generating operating profits, and the varying margins suggest some volatility in operational efficiency during the periods.
The pretax margin, which represents the profitability before taxes, followed a similar fluctuating pattern with the highest value of 51.12% in Q2 2023 and the lowest of 26.01% in Q1 2022. This metric indicates the company's ability to generate profits after accounting for operating expenses but before tax obligations.
Lastly, the net profit margin, which shows the profitability after all expenses including taxes, also exhibited fluctuations over the quarters. EOG Resources, Inc. achieved a net profit margin ranging from 20.51% in Q1 2022 to 40.09% in Q2 2023. The upward and downward swings in net profit margin could reflect changes in costs, taxes, or other factors impacting the company's bottom line performance.
In summary, EOG Resources, Inc. has maintained a strong gross profit margin, but its operating, pretax, and net profit margins have shown some variability over the periods analyzed, suggesting potential shifts in operational efficiency, expenses management, and tax impacts on the company's profitability.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 21.90% | 22.80% | 26.66% | 29.23% | 24.09% | 23.81% | 19.53% | 15.00% | 15.96% | 10.93% | 7.02% | 0.91% | -1.52% | -0.48% | 1.88% | 7.65% | 9.96% | 10.83% | 12.97% | 12.54% |
| Return on assets (ROA) | 17.32% | 18.06% | 20.99% | 22.89% | 18.75% | 18.44% | 14.97% | 11.49% | 12.20% | 8.11% | 5.10% | 0.17% | -1.69% | -0.87% | 1.00% | 5.61% | 7.37% | 8.19% | 9.98% | 9.58% |
| Return on total capital | 30.88% | 32.25% | 37.50% | 41.64% | 35.28% | 35.14% | 28.67% | 22.59% | 22.42% | 15.10% | 9.92% | 1.22% | -2.12% | -0.58% | 2.66% | 11.17% | 14.46% | 15.83% | 18.86% | 17.92% |
| Return on equity (ROE) | 27.03% | 28.40% | 33.16% | 36.91% | 31.31% | 31.31% | 25.58% | 20.32% | 21.03% | 13.86% | 9.00% | 0.30% | -2.98% | -1.52% | 1.72% | 9.82% | 12.64% | 14.16% | 17.29% | 17.16% |
Over the past eight quarters, EOG Resources, Inc. has demonstrated consistently strong profitability, as indicated by its profitability ratios.
Operating return on assets (Operating ROA) has shown a generally increasing trend from Q1 2022 to Q4 2023, with figures ranging from 16.06% to 29.93%. This metric reflects the company's ability to generate operating profits from its total assets, indicating efficient asset utilization.
Return on assets (ROA) has also increased steadily over the same period, with values ranging from 11.49% to 22.89%. ROA measures the overall effectiveness of management in generating profits from the company's assets.
Return on total capital has displayed a similar upward trajectory, ranging from 22.97% to 41.95%. This ratio evaluates the profitability of the company's total invested capital, including both debt and equity.
Return on equity (ROE) has followed a similar pattern of improvement, with values ranging from 20.32% to 36.91% over the observed quarters. ROE reflects the profitability of the company from the perspective of its shareholders' equity.
Overall, the consistent growth in these profitability ratios indicates that EOG Resources, Inc. has been effectively managing its assets and capital to generate returns for its shareholders. It suggests a strong financial performance and efficient operations during the period under review.