Eog Resources
Eog Resources returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | 22.07% | 19.67% | 19.81% | 22.51% | 13.61% | 14.4 pp |
| FY 2026 Q1 | Mar 31, 2026 | 17.76% | 15.93% | -5.69% | 18.19% | 10.95% | 10.1 pp |
| FY 2025 Q4 | Dec 31, 2025 | 16.28% | 14.36% | -17.65% | 16.83% | 10.06% | 8.6 pp |
| FY 2025 Q3 | Sep 30, 2025 | 17.83% | 15.78% | -21.29% | 18.48% | 11.25% | 10.1 pp |
| FY 2025 Q2 | Jun 30, 2025 | 20.28% | 17.84% | -235.76% | 19.63% | 12.53% | 12.6 pp |
| FY 2025 Q1 | Mar 31, 2025 | 21.82% | 18.76% | -248.74% | 20.9% | 13.24% | 14.1 pp |
| FY 2024 Q4 | Dec 31, 2024 | 23.49% | 19.81% | -307.39% | 22.29% | 14.07% | 15.8 pp |
| FY 2024 Q3 | Sep 30, 2024 | 26.31% | 22.16% | -80.86% | 24.91% | 15.9% | 18.6 pp |
| FY 2024 Q2 | Jun 30, 2024 | 28.07% | 24.15% | -57.08% | 27.06% | 17.29% | 20.4 pp |
| FY 2024 Q1 | Mar 31, 2024 | 28.37% | 24.06% | -72.72% | 27.22% | 17.15% | 20.7 pp |
| FY 2023 Q4 | Dec 31, 2023 | 29.81% | 25.39% | -10.39% | 28.73% | 17.82% | 22.1 pp |
| FY 2023 Q3 | Sep 30, 2023 | 31.4% | 26.84% | 11.24% | 30.55% | 18.74% | 23.7 pp |
| FY 2023 Q2 | Jun 30, 2023 | 34.94% | 31.54% | 292.15% | 35.85% | 21.87% | 27.2 pp |
| FY 2023 Q1 | Mar 31, 2023 | 40.05% | 34.95% | 301.28% | 39.98% | 23.74% | 32.3 pp |
| FY 2022 Q4 | Dec 31, 2022 | 33.98% | 28.45% | 166.93% | 33.05% | 19.49% | 26.3 pp |
| FY 2022 Q3 | Sep 30, 2022 | 32.63% | 28.18% | 407.9% | 32.74% | 19.23% | 24.9 pp |
| FY 2022 Q2 | Jun 30, 2022 | 25.05% | 22.83% | 171.29% | 26.43% | 15.22% | 17.3 pp |
| FY 2022 Q1 | Mar 31, 2022 | 19.98% | 17.67% | 3,514.03% | — | 11.79% | 12.3 pp |
| FY 2021 Q4 | Dec 31, 2021 | 21.38% | 18.34% | — | 21.96% | 12.6% | 13.7 pp |
| FY 2021 Q3 | Sep 30, 2021 | 13.98% | 12.36% | — | — | 8.35% | 6.3 pp |
| FY 2021 Q2 | Jun 30, 2021 | 8.92% | 7.85% | — | — | 5.21% | 1.2 pp |
| FY 2021 Q1 | Mar 31, 2021 | 0.81% | 1% | — | — | 0.17% | -6.9 pp |
| FY 2020 Q4 | Dec 31, 2020 | — | -1.67% | — | -2.88% | -1.66% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | -0.52% | — | — | -0.85% | — |
| FY 2020 Q2 | Jun 30, 2020 | 1.88% | 2.06% | — | — | 0.99% | -5.8 pp |
| FY 2020 Q1 | Mar 31, 2020 | 9.09% | 8.9% | — | — | 5.76% | 1.4 pp |
| FY 2019 Q4 | Dec 31, 2019 | 11.72% | 11.77% | -83.63% | — | 7.7% | 4 pp |
| FY 2019 Q3 | Sep 30, 2019 | 12.86% | 12.92% | — | — | 8.52% | 5.2 pp |
| FY 2019 Q2 | Jun 30, 2019 | 15.64% | 15.68% | — | — | 10.52% | 7.9 pp |
| FY 2019 Q1 | Mar 31, 2019 | 15.18% | 15.09% | — | — | 10.29% | 7.5 pp |
| FY 2018 Q4 | Dec 31, 2018 | 15.76% | 15.6% | — | — | 10.72% | 8.1 pp |
| FY 2018 Q3 | Sep 30, 2018 | — | 13.69% | — | — | 15.88% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | 9.31% | — | — | 12.6% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | 6.15% | — | — | 10.65% | — |
| FY 2017 Q4 | Dec 31, 2017 | — | 3.4% | — | — | 8.71% | — |
| FY 2017 Q3 | Sep 30, 2017 | 0.34% | 1.37% | — | — | 0.04% | -7.4 pp |
| FY 2017 Q2 | Jun 30, 2017 | — | -0.25% | — | — | -1.02% | — |
| FY 2017 Q1 | Mar 31, 2017 | — | -1.84% | — | — | -2.15% | — |
| FY 2016 Q4 | Dec 31, 2016 | — | -4.66% | — | — | -3.89% | — |
| FY 2016 Q3 | Sep 30, 2016 | — | -5.91% | — | — | -4.69% | — |
| FY 2016 Q2 | Jun 30, 2016 | — | -26.84% | — | — | -17.16% | — |
| FY 2016 Q1 | Mar 31, 2016 | — | -25.36% | — | — | -15.82% | — |
| FY 2015 Q4 | Dec 31, 2015 | — | -23.65% | — | — | -14.66% | — |
| FY 2015 Q3 | Sep 30, 2015 | — | -18.21% | — | — | -12.29% | — |
| FY 2015 Q2 | Jun 30, 2015 | — | 9.38% | — | — | 4.12% | — |
| FY 2015 Q1 | Mar 31, 2015 | — | 13.21% | — | — | 6.24% | — |
| FY 2014 Q4 | Dec 31, 2014 | 14.73% | 17.74% | 46.65% | — | 8.92% | 7 pp |
| FY 2014 Q3 | Sep 30, 2014 | — | 17.25% | — | — | 9.44% | — |
| FY 2014 Q2 | Jun 30, 2014 | — | 14.26% | — | — | 7.73% | — |
| FY 2014 Q1 | Mar 31, 2014 | — | 14.57% | — | — | 7.83% | — |
| FY 2013 Q4 | Dec 31, 2013 | 12.13% | 14.1% | 130.75% | — | 7.59% | 4.4 pp |
| FY 2013 Q3 | Sep 30, 2013 | — | 8.87% | — | — | 3.82% | — |
| FY 2013 Q2 | Jun 30, 2013 | — | 8.72% | — | — | 3.65% | — |
| FY 2013 Q1 | Mar 31, 2013 | — | 7.31% | — | — | 2.76% | — |
| FY 2012 Q4 | Dec 31, 2012 | 3.69% | 6.33% | -32.53% | — | 2.19% | -4 pp |
| FY 2012 Q3 | Sep 30, 2012 | — | 9.08% | — | — | 4.53% | — |
| FY 2012 Q2 | Jun 30, 2012 | — | 11.18% | — | — | 5.53% | — |
| FY 2012 Q1 | Mar 31, 2012 | — | 10.95% | — | — | 5.22% | — |
| FY 2011 Q4 | Dec 31, 2011 | 7.62% | 10.13% | 42.28% | — | 4.7% | -0.1 pp |
| FY 2011 Q3 | Sep 30, 2011 | — | 9.89% | — | — | 4.58% | — |
| FY 2011 Q2 | Jun 30, 2011 | — | 5.2% | — | — | 1.9% | — |
| FY 2011 Q1 | Mar 31, 2011 | — | 3.03% | — | — | 0.84% | — |
| FY 2010 Q4 | Dec 31, 2010 | 1.54% | 2.89% | -15.74% | — | 0.81% | -6.2 pp |
| FY 2010 Q3 | Sep 30, 2010 | — | 5.89% | — | — | 2.73% | — |
| FY 2010 Q2 | Jun 30, 2010 | — | 6.27% | — | — | 3.21% | — |
| FY 2010 Q1 | Mar 31, 2010 | — | — | — | — | — | — |
| FY 2009 Q4 | Dec 31, 2009 | — | — | — | — | — | — |
| FY 2009 Q3 | Sep 30, 2009 | — | — | — | — | — | — |
| FY 2009 Q2 | Jun 30, 2009 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · EOG, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.