EOG ResourcesMEX:EOG 79 Return-on-Tangible-Equity is 26.10% as of Mar. 2026, which is 44% above its 10-year median of 18.13. GuruFocus rates MEX:EOG with a GF Score™ of 79/100 and a GF Value™ of MXN2,589.73 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 942 Oil & Gas companies, EOG Resources ranks better than 76.86% on this metric.
Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. EOG Resources's annualized net income for the quarter that ended in Mar. 2026 was MXN142,819 Mil. EOG Resources's average shareholder tangible equity for the quarter that ended in Mar. 2026 was MXN547,259 Mil. Therefore, EOG Resources's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2026 was 26.10%.
The historical rank and industry rank for EOG Resources's Return-on-Tangible-Equity or its related term are showing as below:
MEX:EOG'
s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: -8.15 Med: 18.13 Max: 33.05
Current: 18.35
During the past 13 years, EOG Resources's highest Return-on-Tangible-Equity was 33.05%. The lowest was -8.15%. And the median was 18.13%.
MEX:EOG's Return-on-Tangible-Equity is ranked better than 76.86% of 942
companies
in the Oil & Gas industry
Industry Median: 6.73
vs MEX:EOG: 18.35
Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.
Be Aware
Net Income is used.
Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.
EOG Resources Return-on-Tangible-Equity Related Terms
EOG Resources Return-on-Tangible-Equity Historical Data
* Premium members only.
The historical data trend for EOG Resources's Return-on-Tangible-Equity can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:EOG vs FANG, OXY, DVN: Return-on-Tangible-Equity Comparison
For the Oil & Gas E&P subindustry, EOG Resources's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
EOG Resources Return-on-Tangible-Equity vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, EOG Resources's Return-on-Tangible-Equity distribution charts can be found below:
* The bar in red indicates where EOG Resources's Return-on-Tangible-Equity falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
Return-on-Tangible-Equity is displayed in the 10-year financial page.
What does a Return-on-Tangible-Equity of 26.10% mean?
EOG Resources (MEX:EOG) has a Return-on-Tangible-Equity of 26.10% as of Mar. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on EOG Resources and its competitors. This is 44% above median its historical median of 18.13. According to the industry distribution chart, EOG Resources ranks #218 out of 942 companies in the Oil & Gas industry, placing it in the top 23.1%.
Is EOG Resources' Return-on-Tangible-Equity too high?
EOG Resources' current Return-on-Tangible-Equity of 26.10% is 44% above median its 10-year median of 18.13. The Oil & Gas industry median Return-on-Tangible-Equity is 6.73. EOG Resources' value of 26.10% is 287.8% above this industry median. Based on the distribution chart, EOG Resources ranks #218 out of 942 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, EOG Resources has a GF Score™ of 79/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does EOG Resources' Return-on-Tangible-Equity compare to FANG and OXY?
According to the Oil & Gas industry distribution chart, EOG Resources ranks #218 out of 942 companies for Return-on-Tangible-Equity. This places EOG Resources in the top 23% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 6.73. EOG Resources' value of 26.10% is 287.8% above this benchmark. While the company's 10-year median is 18.13 vs. the industry median of 6.73, EOG Resources has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Equity for an Oil & Gas company?
The median Return-on-Tangible-Equity among Oil & Gas companies is 6.73, based on 942 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. EOG Resources's current Return-on-Tangible-Equity of 26.10% is 287.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on EOG Resources and its competitors. For the Oil & Gas industry, the median Return-on-Tangible-Equity is 6.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. EOG Resources's current Return-on-Tangible-Equity is 26.10%, which is 44% above median its own 10-year median of 18.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is EOG Resources stock overvalued right now?
Based on GuruFocus' analysis, EOG Resources (MEX:EOG) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN2,589.73, compared to a current price of MXN2,263.62 — trading 12.6% below its estimated fair value. The current Return-on-Tangible-Equity is 26.10%, which is 44% above median its 10-year median of 18.13 and 287.8% above the Oil & Gas industry median of 6.73. EOG Resources' overall GF Score™ is 79/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For EOG Resources (MEX:EOG), the current Return-on-Tangible-Equity is 26.10% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is EOG Resources (MEX:EOG) Overvalued in 2026?
Based on GuruFocus' analysis, EOG Resources stock appears to be undervalued.
The current stock price of MXN2,263.62 is trading 12.6% below its estimated GF Value™ of MXN2,589.73.
GuruFocus considers EOG Resources to be Modestly Undervalued.
Key valuation signals for MEX:EOG:
Return-on-Tangible-Equity: 26.10% (44% above median its 10-year median of 18.13)
GF Value™: MXN2,589.73 vs. price of MXN2,263.62 (12.6% below fair value)
Industry Position: 287.8% above the Oil & Gas median (#218 of 942)
No single metric tells the full story. See the MEX:EOG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
EOG Resources is an oil and gas producer with acreage in several US shale plays, primarily in the Permian Basin and the Eagle Ford. At the end of 2024, it reported net proven reserves of 4.7 billion barrels of oil equivalent. Net production averaged roughly 1,232 thousand barrels of oil equivalent per day in 2025 at a ratio of 69% oil and natural gas liquids and 31% natural gas.
79GF Score
Get the complete analysis for MEX:EOG
Return-on-Tangible-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
MEX:EOG has been successfully added to your 
