Free cash flow
EOG Resources Free cash flow decreased by 15.0% to $2.50B in Q4 2025 compared to the prior quarter. Year-over-year, this metric declined by 5.5%, from $2.65B to $2.50B. Over 4 years (FY 2021 to FY 2025), Free cash flow shows an upward trend with a 2.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests strong operational efficiency and the ability to self-fund future innovation or return capital to shareholders, while a decrease may indicate heavy capital expenditure cycles or declining operational profitability.
Detailed definition
Free cash flow represents the cash generated by a company after accounting for cash outflows to support operations and m...
Peer comparison
High-growth semiconductor and AI infrastructure peers typically prioritize reinvestment, so free cash flow margins are often compared against R&D intensity and capital expenditure requirements of industry rivals.
cf_free_cash_flowHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.50B | $2.15B | $3.10B | $758.00M | $1.97B | $4.67B | $3.31B | $2.94B | $2.10B | $2.57B | $2.94B | $2.55B | $2.58B | $3.35B | $2.65B | $2.19B | $1.94B | $2.94B | $2.50B |
| QoQ Change | — | +42.7% | +44.5% | -75.6% | +160.3% | +136.7% | -29.1% | -11.3% | -28.6% | +22.3% | +14.7% | -13.2% | +0.9% | +30.0% | -21.0% | -17.3% | -11.4% | +51.7% | -15.0% |
| YoY Change | — | — | — | — | +31.2% | +117.6% | +6.8% | +287.3% | +6.3% | -45.1% | -11.1% | -13.0% | +22.8% | +30.6% | -10.1% | -14.3% | -24.8% | -12.2% | -5.5% |
Free cash flow at Other Companies
Frequently Asked Questions
- What is EOG Resources's free cash flow?
- EOG Resources (EOG) reported free cash flow of $2.50B in Q4 2025.
- How has EOG Resources's free cash flow changed year-over-year?
- EOG Resources's free cash flow decreased by 5.5% year-over-year, from $2.65B to $2.50B.
- What is the long-term trend for EOG Resources's free cash flow?
- Over 4 years (2021 to 2025), EOG Resources's free cash flow has grown at a 2.8% compound annual growth rate (CAGR), from $8.58B to $9.57B.
- What does free cash flow mean?
- The cash a company has left over after paying for its operating expenses and capital investments.