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Side-by-side financial comparison of EOG Resources (EOG) and Kellanova (K). Click either name above to swap in a different company.

EOG Resources is the larger business by last-quarter revenue ($5.6B vs $3.3B, roughly 1.7× Kellanova). EOG Resources runs the higher net margin — 12.4% vs 9.5%, a 3.0% gap on every dollar of revenue. On growth, EOG Resources posted the faster year-over-year revenue change (0.9% vs 0.8%). Over the past eight quarters, EOG Resources's revenue compounded faster (-4.0% CAGR vs -9.0%).

EOG Resources, Inc. is an American energy company engaged in hydrocarbon exploration. It is organized in Delaware and headquartered in the Heritage Plaza building in Houston, Texas.

Kellanova, formerly known as the Kellogg Company, is an American multinational food manufacturing company owned by Mars Inc. headquartered in Chicago, Illinois. The renaming took effect on October 2, 2023, and the company's North American cereal operations were spun off to form the WK Kellogg Co at the same time.

EOG vs K — Head-to-Head

Bigger by revenue
EOG
EOG
1.7× larger
EOG
$5.6B
$3.3B
K
Growing faster (revenue YoY)
EOG
EOG
+0.1% gap
EOG
0.9%
0.8%
K
Higher net margin
EOG
EOG
3.0% more per $
EOG
12.4%
9.5%
K
Faster 2-yr revenue CAGR
EOG
EOG
Annualised
EOG
-4.0%
-9.0%
K

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
EOG
EOG
K
K
Revenue
$5.6B
$3.3B
Net Profit
$701.0M
$309.0M
Gross Margin
33.3%
Operating Margin
16.7%
13.9%
Net Margin
12.4%
9.5%
Revenue YoY
0.9%
0.8%
Net Profit YoY
-44.0%
-15.8%
EPS (diluted)
$1.31
$0.88

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EOG
EOG
K
K
Q4 25
$5.6B
Q3 25
$5.8B
$3.3B
Q2 25
$5.5B
$3.2B
Q1 25
$5.7B
$3.1B
Q4 24
$5.6B
$3.1B
Q3 24
$6.0B
$3.2B
Q2 24
$6.0B
$3.2B
Q1 24
$6.1B
$3.2B
Net Profit
EOG
EOG
K
K
Q4 25
$701.0M
Q3 25
$1.5B
$309.0M
Q2 25
$1.3B
$299.0M
Q1 25
$1.5B
$304.0M
Q4 24
$1.3B
$365.0M
Q3 24
$1.7B
$367.0M
Q2 24
$1.7B
$344.0M
Q1 24
$1.8B
$267.0M
Gross Margin
EOG
EOG
K
K
Q4 25
Q3 25
33.3%
Q2 25
34.0%
Q1 25
34.3%
Q4 24
37.7%
Q3 24
36.4%
Q2 24
36.4%
Q1 24
32.2%
Operating Margin
EOG
EOG
K
K
Q4 25
16.7%
Q3 25
31.4%
13.9%
Q2 25
31.9%
13.7%
Q1 25
32.8%
13.9%
Q4 24
28.5%
17.0%
Q3 24
35.0%
14.1%
Q2 24
35.4%
15.4%
Q1 24
37.1%
12.3%
Net Margin
EOG
EOG
K
K
Q4 25
12.4%
Q3 25
25.2%
9.5%
Q2 25
24.6%
9.3%
Q1 25
25.8%
9.9%
Q4 24
22.4%
11.7%
Q3 24
28.0%
11.4%
Q2 24
28.0%
10.8%
Q1 24
29.2%
8.3%
EPS (diluted)
EOG
EOG
K
K
Q4 25
$1.31
Q3 25
$2.70
$0.88
Q2 25
$2.46
$0.85
Q1 25
$2.65
$0.87
Q4 24
$2.25
$1.05
Q3 24
$2.95
$1.05
Q2 24
$2.95
$1.00
Q1 24
$3.10
$0.78

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EOG
EOG
K
K
Cash + ST InvestmentsLiquidity on hand
$3.4B
$240.0M
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$29.8B
$4.2B
Total Assets
$51.8B
$15.6B
Debt / EquityLower = less leverage
1.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
K
K
Q4 25
$3.4B
Q3 25
$3.5B
$240.0M
Q2 25
$5.2B
$354.0M
Q1 25
$6.6B
$330.0M
Q4 24
$7.1B
$694.0M
Q3 24
$6.1B
$569.0M
Q2 24
$5.4B
$272.0M
Q1 24
$5.3B
$242.0M
Total Debt
EOG
EOG
K
K
Q4 25
Q3 25
$4.3B
Q2 25
$4.3B
Q1 25
$5.0B
Q4 24
$5.0B
Q3 24
$5.1B
Q2 24
$5.0B
Q1 24
$4.4B
Stockholders' Equity
EOG
EOG
K
K
Q4 25
$29.8B
Q3 25
$30.3B
$4.2B
Q2 25
$29.2B
$4.1B
Q1 25
$29.5B
$3.9B
Q4 24
$29.4B
$3.8B
Q3 24
$29.6B
$3.6B
Q2 24
$29.2B
$3.3B
Q1 24
$28.6B
$3.2B
Total Assets
EOG
EOG
K
K
Q4 25
$51.8B
Q3 25
$52.2B
$15.6B
Q2 25
$46.3B
$15.9B
Q1 25
$47.0B
$15.5B
Q4 24
$47.2B
$15.6B
Q3 24
$46.2B
$15.8B
Q2 24
$45.2B
$15.3B
Q1 24
$44.8B
$15.3B
Debt / Equity
EOG
EOG
K
K
Q4 25
Q3 25
1.02×
Q2 25
1.05×
Q1 25
1.28×
Q4 24
1.32×
Q3 24
1.40×
Q2 24
1.51×
Q1 24
1.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EOG
EOG
K
K
Operating Cash FlowLast quarter
$2.6B
$503.0M
Free Cash FlowOCF − Capex
$359.0M
FCF MarginFCF / Revenue
11.0%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
3.73×
1.63×
TTM Free Cash FlowTrailing 4 quarters
$599.0M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
K
K
Q4 25
$2.6B
Q3 25
$3.1B
$503.0M
Q2 25
$2.0B
$169.0M
Q1 25
$2.3B
$116.0M
Q4 24
$2.8B
$467.0M
Q3 24
$3.6B
$553.0M
Q2 24
$2.9B
$376.0M
Q1 24
$2.9B
$364.0M
Free Cash Flow
EOG
EOG
K
K
Q4 25
Q3 25
$359.0M
Q2 25
$21.0M
Q1 25
$-60.0M
Q4 24
$279.0M
Q3 24
$410.0M
Q2 24
$234.0M
Q1 24
$209.0M
FCF Margin
EOG
EOG
K
K
Q4 25
Q3 25
11.0%
Q2 25
0.7%
Q1 25
-1.9%
Q4 24
8.9%
Q3 24
12.7%
Q2 24
7.3%
Q1 24
6.5%
Capex Intensity
EOG
EOG
K
K
Q4 25
Q3 25
4.4%
Q2 25
4.6%
Q1 25
5.7%
Q4 24
6.0%
Q3 24
4.4%
Q2 24
4.4%
Q1 24
4.8%
Cash Conversion
EOG
EOG
K
K
Q4 25
3.73×
Q3 25
2.11×
1.63×
Q2 25
1.51×
0.57×
Q1 25
1.56×
0.38×
Q4 24
2.21×
1.28×
Q3 24
2.14×
1.51×
Q2 24
1.71×
1.09×
Q1 24
1.62×
1.36×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

EOG
EOG

Oil And Condensate$3.0B53%
Natural Gas Gathering Transportation Marketing And Processing$1.1B20%
Natural Gas Production$847.0M15%
Natural Gas Liquids Reserves$666.0M12%
Other Net$20.0M0%

K
K

Retail Channel Snacks$2.0B62%
Retail Channel Cereal$678.0M21%
Noodlesand Other$280.0M9%
Frozen And Specialty Channels$275.0M8%

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