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MARKETS / COMPARE / EOG VS SHEL

EOG vs SHEL

EOG Resources Inc. and Shell PLC, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

EOG vs SHEL, at a glance
Metric EOG SHEL
Revenue$22.6B$266.9B
Net income$5.0B$17.8B
Gross margin··
Net margin22.0%6.8%
Return on equity16.8%10.1%
Diluted EPS$9.12$3.00
Dividend / share$3.99$1.43
Payout ratio·47.5%
Free cash flow$9.8B·
Equity$29.8B$174.4B
Net debt / equity0.15×0.26×
Current ratio1.63×1.30×
Revenue CAGR 5y15.5%8.1%
Profit CAGR 5y··

SHEL bills 11.8× the revenue of EOG, and EOG keeps more of each dollar of revenue as profit (22.0% against 6.8%).

The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.

Revenue by year

10 years side by side

EOG vs SHEL, revenue by year
Fiscal year EOG SHEL
FY2025$22.6B$266.9B
FY2024$23.7B$284.3B
FY2023$24.2B$316.6B
FY2022$25.7B$381.3B
FY2021$18.6B$261.5B
FY2020$11.0B$180.5B
FY2019$17.4B$344.9B
FY2018$17.3B$388.4B
FY2017$11.2B$305.2B
FY2016$7.7B$233.6B
Net income by year

Bottom line

EOG vs SHEL, net income by year
Fiscal year EOG SHEL
FY2025$5.0B$17.8B
FY2024$6.4B$16.1B
FY2023$7.6B$19.4B
FY2022$7.8B$42.3B
FY2021$4.7B$20.1B
FY2020$-605.0M$-21.7B
FY2019$2.7B$15.8B
FY2018$3.4B$23.4B
FY2017$2.6B$13.0B
FY2016$-1.1B$4.6B
Revenue gap over time

11 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$244,254,000,000SHEL
FY2024−$260,614,000,000SHEL
FY2023−$292,434,000,000SHEL
FY2022−$355,612,000,000SHEL
FY2021−$242,862,000,000SHEL
FY2020−$169,511,000,000SHEL
FY2019−$327,497,000,000SHEL
FY2018−$371,103,601,000SHEL
FY2017−$293,970,680,000SHEL
FY2016−$225,940,368,000SHEL
FY2015−$256,202,572,000SHEL

SHEL has reported the higher revenue in every one of these 11 fiscal years. The gap has narrowed since the earliest year compared.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

11 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+15.2 ppEOG
FY2024+21.2 ppEOG
FY2023+25.2 ppEOG
FY2022+18.9 ppEOG
FY2021+17.1 ppEOG
FY2020+6.4 ppEOG
FY2019+11.0 ppEOG
FY2018+13.6 ppEOG
FY2017+18.6 ppEOG
FY2016−16.4 ppSHEL
FY2015−52.5 ppSHEL

The higher net margin has changed hands between EOG and SHEL over this period.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

EOG's net margin has been more volatile than SHEL's over the 11 comparable fiscal years — 24.2 percentage points of standard deviation against 5.7.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between EOG and SHEL over these 11 fiscal years — EOG led in 9 and SHEL in 2.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

EOG's return on equity has been more volatile than SHEL's over the 11 comparable fiscal years — 17.5 percentage points of standard deviation against 8.4.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between EOG and SHEL over these 11 fiscal years — EOG led in 9 and SHEL in 2.

11 of 19 comparable fiscal years — a year missing data on either side is not counted.

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