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Side-by-side financial comparison of EOG Resources (EOG) and MARSH & MCLENNAN COMPANIES, INC. (MRSH). Click either name above to swap in a different company.

MARSH & MCLENNAN COMPANIES, INC. is the larger business by last-quarter revenue ($6.6B vs $5.6B, roughly 1.2× EOG Resources). MARSH & MCLENNAN COMPANIES, INC. runs the higher net margin — 12.4% vs 12.4%, a 0.0% gap on every dollar of revenue. On growth, MARSH & MCLENNAN COMPANIES, INC. posted the faster year-over-year revenue change (8.7% vs 0.9%). Over the past eight quarters, MARSH & MCLENNAN COMPANIES, INC.'s revenue compounded faster (0.9% CAGR vs -4.0%).

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.

Marsh & McLennan Companies, Inc., doing business as Marsh McLennan and Marsh, is a global professional services firm, headquartered in New York City with businesses in insurance brokerage, risk management, reinsurance services, talent management, investment advisory, and management consulting. Its four main operating companies are Marsh, which offers risk management, insurance broking, insurance program management, risk consulting, analytical modeling and alternative risk financing services; ...

EOG vs MRSH — Head-to-Head

Bigger by revenue
MRSH
MRSH
1.2× larger
MRSH
$6.6B
$5.6B
EOG
Growing faster (revenue YoY)
MRSH
MRSH
+7.8% gap
MRSH
8.7%
0.9%
EOG
Higher net margin
MRSH
MRSH
0.0% more per $
MRSH
12.4%
12.4%
EOG
Faster 2-yr revenue CAGR
MRSH
MRSH
Annualised
MRSH
0.9%
-4.0%
EOG

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EOG
EOG
MRSH
MRSH
Revenue
$5.6B
$6.6B
Net Profit
$701.0M
$821.0M
Gross Margin
Operating Margin
16.7%
18.5%
Net Margin
12.4%
12.4%
Revenue YoY
0.9%
8.7%
Net Profit YoY
-44.0%
4.2%
EPS (diluted)
$1.31
$1.68

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
MRSH
MRSH
Q4 25
$5.6B
$6.6B
Q3 25
$5.8B
$6.4B
Q2 25
$5.5B
$7.0B
Q1 25
$5.7B
$7.1B
Q4 24
$5.6B
$6.1B
Q3 24
$6.0B
$5.7B
Q2 24
$6.0B
$6.2B
Q1 24
$6.1B
$6.5B
Net Profit
EOG
EOG
MRSH
MRSH
Q4 25
$701.0M
$821.0M
Q3 25
$1.5B
$747.0M
Q2 25
$1.3B
$1.2B
Q1 25
$1.5B
$1.4B
Q4 24
$1.3B
$788.0M
Q3 24
$1.7B
$747.0M
Q2 24
$1.7B
$1.1B
Q1 24
$1.8B
$1.4B
Operating Margin
EOG
EOG
MRSH
MRSH
Q4 25
16.7%
18.5%
Q3 25
31.4%
18.4%
Q2 25
31.9%
26.2%
Q1 25
32.8%
28.4%
Q4 24
28.5%
18.8%
Q3 24
35.0%
19.4%
Q2 24
35.4%
26.4%
Q1 24
37.1%
29.7%
Net Margin
EOG
EOG
MRSH
MRSH
Q4 25
12.4%
12.4%
Q3 25
25.2%
11.8%
Q2 25
24.6%
17.4%
Q1 25
25.8%
19.6%
Q4 24
22.4%
13.0%
Q3 24
28.0%
13.1%
Q2 24
28.0%
18.1%
Q1 24
29.2%
21.6%
EPS (diluted)
EOG
EOG
MRSH
MRSH
Q4 25
$1.31
$1.68
Q3 25
$2.70
$1.51
Q2 25
$2.46
$2.45
Q1 25
$2.65
$2.79
Q4 24
$2.25
$1.58
Q3 24
$2.95
$1.51
Q2 24
$2.95
$2.27
Q1 24
$3.10
$2.82

Balance Sheet & Financial Strength

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

Metric
EOG
EOG
MRSH
MRSH
Cash + ST InvestmentsLiquidity on hand
$3.4B
$2.7B
Total DebtLower is stronger
$19.6B
Stockholders' EquityBook value
$29.8B
$15.3B
Total Assets
$51.8B
$58.7B
Debt / EquityLower = less leverage
1.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
MRSH
MRSH
Q4 25
$3.4B
$2.7B
Q3 25
$3.5B
$2.5B
Q2 25
$5.2B
$1.7B
Q1 25
$6.6B
$1.6B
Q4 24
$7.1B
$2.4B
Q3 24
$6.1B
$1.8B
Q2 24
$5.4B
$1.7B
Q1 24
$5.3B
$1.5B
Total Debt
EOG
EOG
MRSH
MRSH
Q4 25
$19.6B
Q3 25
$19.6B
Q2 25
$19.6B
Q1 25
$19.5B
Q4 24
$19.9B
Q3 24
$12.8B
Q2 24
$12.8B
Q1 24
$13.4B
Stockholders' Equity
EOG
EOG
MRSH
MRSH
Q4 25
$29.8B
$15.3B
Q3 25
$30.3B
$15.4B
Q2 25
$29.2B
$16.0B
Q1 25
$29.5B
$14.3B
Q4 24
$29.4B
$13.5B
Q3 24
$29.6B
$13.9B
Q2 24
$29.2B
$13.6B
Q1 24
$28.6B
$12.6B
Total Assets
EOG
EOG
MRSH
MRSH
Q4 25
$51.8B
$58.7B
Q3 25
$52.2B
$58.8B
Q2 25
$46.3B
$58.6B
Q1 25
$47.0B
$57.0B
Q4 24
$47.2B
$56.5B
Q3 24
$46.2B
$49.9B
Q2 24
$45.2B
$48.6B
Q1 24
$44.8B
$47.6B
Debt / Equity
EOG
EOG
MRSH
MRSH
Q4 25
1.28×
Q3 25
1.27×
Q2 25
1.23×
Q1 25
1.37×
Q4 24
1.47×
Q3 24
0.93×
Q2 24
0.94×
Q1 24
1.06×

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
MRSH
MRSH
Operating Cash FlowLast quarter
$2.6B
$2.2B
Free Cash FlowOCF − Capex
$2.1B
FCF MarginFCF / Revenue
31.2%
Capex IntensityCapex / Revenue
1.6%
Cash ConversionOCF / Net Profit
3.73×
2.63×
TTM Free Cash FlowTrailing 4 quarters
$5.0B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
MRSH
MRSH
Q4 25
$2.6B
$2.2B
Q3 25
$3.1B
$2.1B
Q2 25
$2.0B
$1.7B
Q1 25
$2.3B
$-622.0M
Q4 24
$2.8B
$2.0B
Q3 24
$3.6B
$1.9B
Q2 24
$2.9B
$1.2B
Q1 24
$2.9B
$-781.0M
Free Cash Flow
EOG
EOG
MRSH
MRSH
Q4 25
$2.1B
Q3 25
$2.0B
Q2 25
$1.6B
Q1 25
$-677.0M
Q4 24
$1.9B
Q3 24
$1.8B
Q2 24
$1.1B
Q1 24
$-868.0M
FCF Margin
EOG
EOG
MRSH
MRSH
Q4 25
31.2%
Q3 25
31.6%
Q2 25
23.1%
Q1 25
-9.6%
Q4 24
31.0%
Q3 24
32.3%
Q2 24
18.2%
Q1 24
-13.4%
Capex Intensity
EOG
EOG
MRSH
MRSH
Q4 25
1.6%
Q3 25
1.1%
Q2 25
0.8%
Q1 25
0.8%
Q4 24
1.3%
Q3 24
1.3%
Q2 24
1.3%
Q1 24
1.3%
Cash Conversion
EOG
EOG
MRSH
MRSH
Q4 25
3.73×
2.63×
Q3 25
2.11×
2.79×
Q2 25
1.51×
1.38×
Q1 25
1.56×
-0.45×
Q4 24
2.21×
2.48×
Q3 24
2.14×
2.56×
Q2 24
1.71×
1.08×
Q1 24
1.62×
-0.56×

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%

MRSH
MRSH

Marsh Insurance Group$3.6B55%
Consulting Segment$2.6B40%
Guy Carpenter Reinsurance Group$179.0M3%
Other$175.0M3%

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