Recent EOG Resources shows a gross margin of 62.9%, an operating margin of 32.9%, an EBITDA margin of 51.5%, and a net margin of 25.4%. The company's available margins all improved, with gross margin showing the strongest expansion of 1.6 percentage points.
EOG margin history
Over the last 3 years, EOG Resources's margins averaged 62.42% gross, 34.04% operating, 52.39% EBITDA, and 26.77% net. The current figures show gross margin is above its three-year average, while operating, EBITDA, and net margins are below their three-year averages.
EOG margin expansion
Gross margin expanded by 1.6 percentage points, operating margin by 0.8 percentage points, EBITDA margin by 0.1 percentage points, and net margin by 0.1 percentage points, led by gross margin with an increase of 1.6 percentage points.
EOG Gross margin
Looking at the last 3 years, EOG Resources had an average gross margin of 62.42%. Against its three-year average, EOG Resources's gross margin is currently 62.9%, 0.5 percentage points above its three-year average. Looking back over the last 3 years, EOG Resources's gross margin reached 63.7% at its highest point in Dec 2023 and 61.2% at its lowest in Mar 2025.
EOG Operating margin
Reviewing the last 3 years, EOG Resources recorded an average operating margin of 34.04%. EOG Resources's current operating margin is 32.9% and is 1.1 percentage points below its three-year average. The highest operating margin for EOG Resources was 39.7% in Dec 2023, while the lowest was 28.2% in Dec 2025.
EOG EBITDA margin
In the last 3 years, EOG Resources had an average EBITDA margin of 52.39%. The current EBITDA margin stands at 51.5%, 0.9 percentage points below its three-year average. Looking back over the last 3 years, EOG Resources's EBITDA margin reached 55.1% at its highest point in Dec 2023 and 48.9% at its lowest in Dec 2025.
EOG Net margin
The average net margin for EOG Resources was 26.77% over the last 3 years. Currently, the current net margin for EOG Resources is 25.4%, 1.4 percentage points below its three-year average. The net margin for EOG Resources moved between 22% in Dec 2025 and 31.4% in Dec 2023.
EOG margin group comparison
EOG Resources's gross margin of 62.9% is above the Energy sector, the industry and its peers average. Looking at its Energy sector average of 42.7%, EOG Resources's gross margin is 47% higher.
EOG margin peer comparison
Frequently asked questions
What is EOG Resources's gross margin?
As of Jun 30, 2026, EOG has a gross margin of 62.9%.
What is EOG Resources's operating margin?
For the period ending Jun 30, 2026, EOG recorded an operating margin of 32.9%.
What is EOG Resources's EBITDA margin?
The current EBITDA margin for EOG is 51.5% as of Jun 30, 2026.
What is EOG Resources's net margin?
The current net margin for EOG is 25.4% as of Jun 30, 2026.
What are the average margins of EOG?
The three-year average margins for EOG were 62.4% gross, 34.0% operating, 52.4% EBITDA, and 26.8% net.
What are the highest historical margins of EOG?
Over this 5-year history, EOG peaked at 65.4% gross in Jun 2023, 43.2% operating in Mar 2023, 56.7% EBITDA in Jun 2023, and 33.8% net in Mar 2023.
What are the lowest historical margins of EOG?
In the last 5 years, the lowest margins reported by EOG were 61.2% gross in Mar 2025, 28.2% operating in Dec 2025, 48.9% EBITDA in Dec 2025, and 22% net in Dec 2025.