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Side-by-side financial comparison of EOG Resources (EOG) and MARKEL GROUP INC. (MKL). Click either name above to swap in a different company.

EOG Resources is the larger business by last-quarter revenue ($5.6B vs $3.6B, roughly 1.6× MARKEL GROUP INC.). MARKEL GROUP INC. runs the higher net margin — 16.1% vs 12.4%, a 3.7% gap on every dollar of revenue. On growth, EOG Resources posted the faster year-over-year revenue change (0.9% vs -6.9%). Over the past eight quarters, EOG Resources's revenue compounded faster (-4.0% CAGR vs -10.5%).

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.

Markel Group Inc. is a group of companies headquartered in Richmond, Virginia, and originally founded in 1930 as an insurance company.

EOG vs MKL — Head-to-Head

Bigger by revenue
EOG
EOG
1.6× larger
EOG
$5.6B
$3.6B
MKL
Growing faster (revenue YoY)
EOG
EOG
+7.8% gap
EOG
0.9%
-6.9%
MKL
Higher net margin
MKL
MKL
3.7% more per $
MKL
16.1%
12.4%
EOG
Faster 2-yr revenue CAGR
EOG
EOG
Annualised
EOG
-4.0%
-10.5%
MKL

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOG
EOG
MKL
MKL
Revenue
$5.6B
$3.6B
Net Profit
$701.0M
$576.8M
Gross Margin
Operating Margin
16.7%
22.2%
Net Margin
12.4%
16.1%
Revenue YoY
0.9%
-6.9%
Net Profit YoY
-44.0%
5.0%
EPS (diluted)
$1.31
$48.22

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
MKL
MKL
Q4 25
$5.6B
$3.6B
Q3 25
$5.8B
$3.9B
Q2 25
$5.5B
$4.6B
Q1 25
$5.7B
$3.4B
Q4 24
$5.6B
$3.8B
Q3 24
$6.0B
$4.6B
Q2 24
$6.0B
$3.7B
Q1 24
$6.1B
$4.5B
Net Profit
EOG
EOG
MKL
MKL
Q4 25
$701.0M
$576.8M
Q3 25
$1.5B
$751.3M
Q2 25
$1.3B
$657.1M
Q1 25
$1.5B
$121.7M
Q4 24
$1.3B
$549.2M
Q3 24
$1.7B
$905.0M
Q2 24
$1.7B
$267.7M
Q1 24
$1.8B
$1.0B
Operating Margin
EOG
EOG
MKL
MKL
Q4 25
16.7%
22.2%
Q3 25
31.4%
25.7%
Q2 25
31.9%
24.1%
Q1 25
32.8%
8.3%
Q4 24
28.5%
15.5%
Q3 24
35.0%
29.7%
Q2 24
35.4%
11.1%
Q1 24
37.1%
29.9%
Net Margin
EOG
EOG
MKL
MKL
Q4 25
12.4%
16.1%
Q3 25
25.2%
19.1%
Q2 25
24.6%
14.3%
Q1 25
25.8%
3.6%
Q4 24
22.4%
14.3%
Q3 24
28.0%
19.6%
Q2 24
28.0%
7.2%
Q1 24
29.2%
23.0%
EPS (diluted)
EOG
EOG
MKL
MKL
Q4 25
$1.31
$48.22
Q3 25
$2.70
$59.25
Q2 25
$2.46
$49.67
Q1 25
$2.65
$12.08
Q4 24
$2.25
$39.02
Q3 24
$2.95
$66.25
Q2 24
$2.95
$18.62
Q1 24
$3.10
$75.43

Balance Sheet & Financial Strength

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

Metric
EOG
EOG
MKL
MKL
Cash + ST InvestmentsLiquidity on hand
$3.4B
$4.0B
Total DebtLower is stronger
$4.3B
Stockholders' EquityBook value
$29.8B
$18.6B
Total Assets
$51.8B
$68.9B
Debt / EquityLower = less leverage
0.23×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
MKL
MKL
Q4 25
$3.4B
$4.0B
Q3 25
$3.5B
$4.0B
Q2 25
$5.2B
$3.7B
Q1 25
$6.6B
$4.2B
Q4 24
$7.1B
$3.7B
Q3 24
$6.1B
$3.9B
Q2 24
$5.4B
$3.5B
Q1 24
$5.3B
$3.6B
Total Debt
EOG
EOG
MKL
MKL
Q4 25
$4.3B
Q3 25
$4.3B
Q2 25
$4.4B
Q1 25
$4.4B
Q4 24
$4.3B
Q3 24
$4.4B
Q2 24
$4.4B
Q1 24
$3.9B
Stockholders' Equity
EOG
EOG
MKL
MKL
Q4 25
$29.8B
$18.6B
Q3 25
$30.3B
$18.0B
Q2 25
$29.2B
$17.3B
Q1 25
$29.5B
$17.1B
Q4 24
$29.4B
$16.9B
Q3 24
$29.6B
$17.0B
Q2 24
$29.2B
$15.9B
Q1 24
$28.6B
$15.7B
Total Assets
EOG
EOG
MKL
MKL
Q4 25
$51.8B
$68.9B
Q3 25
$52.2B
$67.4B
Q2 25
$46.3B
$66.8B
Q1 25
$47.0B
$64.6B
Q4 24
$47.2B
$61.9B
Q3 24
$46.2B
$62.3B
Q2 24
$45.2B
$59.7B
Q1 24
$44.8B
$57.3B
Debt / Equity
EOG
EOG
MKL
MKL
Q4 25
0.23×
Q3 25
0.24×
Q2 25
0.25×
Q1 25
0.26×
Q4 24
0.26×
Q3 24
0.26×
Q2 24
0.28×
Q1 24
0.25×

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
MKL
MKL
Operating Cash FlowLast quarter
$2.6B
$662.2M
Free Cash FlowOCF − Capex
$599.1M
FCF MarginFCF / Revenue
16.7%
Capex IntensityCapex / Revenue
1.8%
Cash ConversionOCF / Net Profit
3.73×
1.15×
TTM Free Cash FlowTrailing 4 quarters
$2.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
MKL
MKL
Q4 25
$2.6B
$662.2M
Q3 25
$3.1B
$1.2B
Q2 25
$2.0B
$504.4M
Q1 25
$2.3B
$376.2M
Q4 24
$2.8B
$493.9M
Q3 24
$3.6B
$890.8M
Q2 24
$2.9B
$578.6M
Q1 24
$2.9B
$630.7M
Free Cash Flow
EOG
EOG
MKL
MKL
Q4 25
$599.1M
Q3 25
$1.2B
Q2 25
$453.8M
Q1 25
$335.5M
Q4 24
$420.0M
Q3 24
$838.9M
Q2 24
$521.4M
Q1 24
$558.7M
FCF Margin
EOG
EOG
MKL
MKL
Q4 25
16.7%
Q3 25
29.6%
Q2 25
9.9%
Q1 25
9.9%
Q4 24
10.9%
Q3 24
18.2%
Q2 24
14.1%
Q1 24
12.5%
Capex Intensity
EOG
EOG
MKL
MKL
Q4 25
1.8%
Q3 25
1.3%
Q2 25
1.1%
Q1 25
1.2%
Q4 24
1.9%
Q3 24
1.1%
Q2 24
1.5%
Q1 24
1.6%
Cash Conversion
EOG
EOG
MKL
MKL
Q4 25
3.73×
1.15×
Q3 25
2.11×
1.62×
Q2 25
1.51×
0.77×
Q1 25
1.56×
3.09×
Q4 24
2.21×
0.90×
Q3 24
2.14×
0.98×
Q2 24
1.71×
2.16×
Q1 24
1.62×
0.62×

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%

MKL
MKL

Industrial$1.6B45%
Consumer And Other$958.3M27%
Financial$737.0M21%
Other$198.8M6%
Corporate Operations$52.0M1%
Revenue From Contract With Customer$10.5M0%

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