Operating Profit Margin
since 2005
Calculation
EOG Resources Inc., operating profit margin, long-term trends, calculation
| Operating profit margin | = | 100 | × | Operating income (loss)1 | ÷ | Operating revenues and other1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2019 | 21.28% | = | 100 | × | 3,699,011) | ÷ | 17,379,973) |
| Dec 31, 2018 | 25.87% | = | 100 | × | 4,469,346) | ÷ | 17,275,399) |
| Dec 31, 2017 | 8.27% | = | 100 | × | 926,402) | ÷ | 11,208,320) |
| Dec 31, 2016 | -16.02% | = | 100 | × | (1,225,281) | ÷ | 7,650,632) |
| Dec 31, 2015 | -76.35% | = | 100 | × | (6,686,079) | ÷ | 8,757,428) |
| Dec 31, 2014 | 29.06% | = | 100 | × | 5,241,823) | ÷ | 18,035,340) |
| Dec 31, 2013 | 25.37% | = | 100 | × | 3,675,211) | ÷ | 14,487,118) |
| Dec 31, 2012 | 12.67% | = | 100 | × | 1,479,797) | ÷ | 11,682,636) |
| Dec 31, 2011 | 20.87% | = | 100 | × | 2,113,309) | ÷ | 10,126,115) |
| Dec 31, 2010 | 8.58% | = | 100 | × | 523,319) | ÷ | 6,099,896) |
| Dec 31, 2009 | 20.28% | = | 100 | × | 970,841) | ÷ | 4,786,959) |
| Dec 31, 2008 | 52.86% | = | 100 | × | 3,767,185) | ÷ | 7,127,143) |
| Dec 31, 2007 | 39.33% | = | 100 | × | 1,648,396) | ÷ | 4,190,791) |
| Dec 31, 2006 | 48.55% | = | 100 | × | 1,895,426) | ÷ | 3,904,415) |
| Dec 31, 2005 | 55.02% | = | 100 | × | 1,991,815) | ÷ | 3,620,213) |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).
1 US$ in thousands
The data reflects significant fluctuations in operating income, operating revenues, and operating profit margin over the analyzed period. There is a noticeable pattern of volatility and recovery phases, suggesting variable operational performance and external market influences.
- Operating Income (Loss)
- Operating income shows considerable variability from 2005 through 2019. Initially, it remains positive and relatively robust, peaking in 2008 at over 3.7 billion USD. Following this peak, a sharp decline is observed in 2009 and 2010, where figures drop below 1 billion USD. A recovery trend occurs between 2011 and 2014, with income reaching over 5.2 billion USD in 2014. However, 2015 and 2016 mark a period of substantial losses, indicated by negative income values. The company manages to return to positive territory from 2017 onwards, though income levels fluctuate and generally do not reach the previous highs seen before 2015.
- Operating Revenues and Other
- Operating revenues demonstrate an overall upward trend, increasing consistently from approximately 3.6 billion USD in 2005 to a peak nearing 18 billion USD in 2014. This represents substantial growth in revenue generation capacity. Revenues then experience a sharp decrease in 2015 and 2016, roughly halving compared to the 2014 peak. From 2017 onwards, revenues gradually recover, approaching 17.4 billion USD by 2019, though not exceeding earlier peak levels.
- Operating Profit Margin (%)
- The operating profit margin exhibits a decreasing trend from 2005 (approximately 55%) through 2010 (below 10%), reflecting a diminishing efficiency in converting revenues to operating profit. Margins slightly improve in the following years but experience severe negative dips in 2015 and 2016, reaching a low of -76.35% in 2015. Post-2016, margins recover to positive values, stabilizing in the range of roughly 8% to 26%. The margin figures indicate periods of both effective cost management and operational challenges affecting profitability.
In summary, the company displays growth in revenue generation capabilities over the long term, but also faces significant challenges impacting operating income and profitability margins, particularly around 2015 and 2016. Recovery is evident after this period, though the operating income and margins remain below the peak levels observed in earlier years, suggesting cautious optimism in operational performance during the later years examined.