EOG Resources Inc (EOG)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 8,370,000 | 9,278,000 | 9,708,000 | 9,533,000 | 9,837,000 | 10,120,000 | 11,175,000 | 12,057,000 | 9,966,000 | 9,650,000 | 7,463,000 | 5,729,000 | 6,111,000 | 4,297,704 | 2,975,385 | 775,515 | 273,970 | 575,306 | 1,249,107 | 3,419,247 |
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 29,351,000 | 29,574,000 | 29,159,000 | 28,636,000 | 28,090,000 | 27,758,000 | 26,257,000 | 25,447,000 | 24,779,000 | 23,849,000 | 22,312,000 | 21,540,000 | 22,180,000 | 21,765,000 | 20,881,000 | 20,762,000 | 20,301,900 | 20,148,300 | 20,387,600 | 21,470,700 |
| Return on total capital | 28.52% | 31.37% | 33.29% | 33.29% | 35.02% | 36.46% | 42.56% | 47.38% | 40.22% | 40.46% | 33.45% | 26.60% | 27.55% | 19.75% | 14.25% | 3.74% | 1.35% | 2.86% | 6.13% | 15.93% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $8,370,000K ÷ ($—K + $29,351,000K)
= 28.52%
The return on total capital for EOG Resources Inc has shown fluctuating trends over the period from March 31, 2020, to December 31, 2024. The return on total capital started at a relatively high level of 15.93% in March 2020, then decreased to 6.13% in June 2020, indicating a decline in the company's efficiency in generating returns from its total capital.
Subsequently, the return on total capital decreased further to 1.35% by December 2020, signaling potential challenges in utilizing capital effectively during that period. However, there was a notable improvement in performance in the following quarters, with the return on total capital rebounding to 40.46% by September 2022. This significant improvement continued, reaching its peak at 47.38% in March 2023, reflecting strong operational efficiency and capital utilization by the company during that period.
After reaching its peak, the return on total capital started to decline gradually, reaching 28.52% by December 31, 2024. This downward trend may indicate potential changes in the company's capital structure or operational efficiency impacting its ability to generate returns on total capital.
Overall, the fluctuating trends in the return on total capital for EOG Resources Inc suggest varying levels of efficiency in utilizing its total capital resources over the analyzed period. Further analysis and evaluation of the company's financial performance and strategic decisions may be necessary to understand the factors driving these fluctuations and to assess the sustainability of the company's return on total capital in the future.
Peer comparison
Dec 31, 2024