TTM
71.3%
YoY change
−7.60pp
Trough year (2016)
38.3%
Peak year (2008)
84.2%
Latest annual
68.1%
Gross Margin history chart for EOG Resources (EOG) from 1989 to 2025
Latest: 68.1%
Gross Margin change chart for EOG Resources (EOG) from 1989 to 2025
Latest: −7.60pp
Gross Margin history table for EOG Resources (EOG) from 1989 to 2025
| 2025 | 68.1% | -7.60pp | ||
| 2024 | 75.7% | -2.96pp | ||
| 2023 | 78.7% | -4.81pp | ||
| 2022 | 83.5% | +10.65pp | ||
| 2021 | 72.8% | +22.67pp | ||
| 2020 | 50.2% | -16.82pp | ||
| 2019 | 67.0% | -3.02pp | ||
| 2018 | 70.0% | +11.06pp | ||
| 2017 | 58.9% | +20.61pp | ||
| 2016 | 38.3% | -8.06pp | ||
| 2015 | 46.4% | -20.22pp | ||
| 2014 | 66.6% | +0.03pp | ||
| 2013 | 66.6% | +5.17pp | ||
| 2012 | 61.4% | +0.83pp | ||
| 2011 | 60.6% | +7.31pp | ||
| 2010 | 53.3% | -22.91pp | ||
| 2009 | 76.2% | -8.08pp | ||
| 2008 | 84.2% | +7.81pp | ||
| 2007 | 76.4% | -3.09pp | ||
| 2006 | 79.5% | -4.64pp | ||
| 2005 | 84.2% | +4.03pp | ||
| 2004 | 80.1% | -1.71pp | ||
| 2003 | 81.8% | +6.91pp | ||
| 2002 | 74.9% | -1.30pp | ||
| 2001 | 76.2% | -5.52pp | ||
| 2000 | 81.7% | +24.35pp | ||
| 1999 | 57.4% | -14.56pp | ||
| 1998 | 72.0% | -2.73pp | ||
| 1997 | 74.7% | -2.59pp | ||
| 1996 | 77.3% | +0.11pp | ||
| 1995 | 77.2% | +0.44pp | ||
| 1994 | 76.7% | +0.53pp | ||
| 1993 | 76.2% | +0.18pp | ||
| 1992 | 76.0% | +4.12pp | ||
| 1991 | 71.9% | +2.18pp | ||
| 1990 | 69.7% | -0.94pp | ||
| 1989 | 70.7% | — |
- 202568.1%-7.60pp
- 202475.7%-2.96pp
- 202378.7%-4.81pp
- 202283.5%+10.65pp
- 202172.8%+22.67pp
- 202050.2%-16.82pp
- 201967.0%-3.02pp
- 201870.0%+11.06pp
- 201758.9%+20.61pp
- 201638.3%-8.06pp
- 201546.4%-20.22pp
- 201466.6%+0.03pp
- 201366.6%+5.17pp
- 201261.4%+0.83pp
- 201160.6%+7.31pp
- 201053.3%-22.91pp
- 200976.2%-8.08pp
- 200884.2%+7.81pp
- 200776.4%-3.09pp
- 200679.5%-4.64pp
- 200584.2%+4.03pp
- 200480.1%-1.71pp
- 200381.8%+6.91pp
- 200274.9%-1.30pp
- 200176.2%-5.52pp
- 200081.7%+24.35pp
- 199957.4%-14.56pp
- 199872.0%-2.73pp
- 199774.7%-2.59pp
- 199677.3%+0.11pp
- 199577.2%+0.44pp
- 199476.7%+0.53pp
- 199376.2%+0.18pp
- 199276.0%+4.12pp
- 199171.9%+2.18pp
- 199069.7%-0.94pp
- 198970.7%—
Gross Margin values are taken from EOG Resources's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at EOG Resources (EOG)
According to EOG Resources's latest reported financial statements, the company's latest reported gross margin is 71.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual gross margin for EOG Resources (EOG) came in at 68.11% – contracted 7.6 percentage points year-over-year.
2008 marks the peak gross margin at 84.25%, with the historical low of 38.31% recorded in 2016.
EOG Resources Gross Margin by Year
EOG Resources Gross Margin 2025: 68.1%
EOG Resources posted gross margin of 68.11% in 2025, contracted 7.6 percentage points from 2024.
EOG Resources Gross Margin 2024: 75.7%
In 2024, EOG Resources reported gross margin of 75.70%, contracted 3.0 percentage points from 2023.
EOG Resources Gross Margin 2023: 78.7%
EOG Resources gross margin in 2023 was 78.66%, contracted 4.8 percentage points from 2022.
EOG Resources Gross Margin 2022: 83.5%
2022's gross margin for EOG Resources came in at 83.48%, expanded 10.7 percentage points from 2021.
EOG Resources Gross Margin 2021: 72.8%
EOG Resources gross margin in 2021 was 72.83%.
See more financial history for EOG Resources (EOG).
Sector peers by Gross Margin
Energy peers of EOG Resources (EOG), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 17.3% | |
| 8.8% | |
| 7.2% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
- 17.3%
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