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

Sherwin-Williams is the larger business by last-quarter revenue ($5.7B vs $5.6B, roughly 1.0× EOG Resources). EOG Resources runs the higher net margin — 12.4% vs 9.4%, a 3.0% gap on every dollar of revenue. On growth, Sherwin-Williams posted the faster year-over-year revenue change (6.8% vs 0.9%). Over the past eight quarters, EOG Resources's revenue compounded faster (-4.0% CAGR vs -4.9%).

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.

Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.

EOG vs SHW — Head-to-Head

Bigger by revenue
SHW
SHW
1.0× larger
SHW
$5.7B
$5.6B
EOG
Growing faster (revenue YoY)
SHW
SHW
+5.9% gap
SHW
6.8%
0.9%
EOG
Higher net margin
EOG
EOG
3.0% more per $
EOG
12.4%
9.4%
SHW
Faster 2-yr revenue CAGR
EOG
EOG
Annualised
EOG
-4.0%
-4.9%
SHW

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EOG
EOG
SHW
SHW
Revenue
$5.6B
$5.7B
Net Profit
$701.0M
$534.7M
Gross Margin
49.1%
Operating Margin
16.7%
Net Margin
12.4%
9.4%
Revenue YoY
0.9%
6.8%
Net Profit YoY
-44.0%
6.1%
EPS (diluted)
$1.31
$2.15

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
SHW
SHW
Q1 26
$5.7B
Q4 25
$5.6B
$5.6B
Q3 25
$5.8B
$6.4B
Q2 25
$5.5B
$6.3B
Q1 25
$5.7B
$5.3B
Q4 24
$5.6B
$5.3B
Q3 24
$6.0B
$6.2B
Q2 24
$6.0B
$6.3B
Net Profit
EOG
EOG
SHW
SHW
Q1 26
$534.7M
Q4 25
$701.0M
$476.8M
Q3 25
$1.5B
$833.1M
Q2 25
$1.3B
$754.7M
Q1 25
$1.5B
$503.9M
Q4 24
$1.3B
$480.1M
Q3 24
$1.7B
$806.2M
Q2 24
$1.7B
$889.9M
Gross Margin
EOG
EOG
SHW
SHW
Q1 26
49.1%
Q4 25
48.5%
Q3 25
49.2%
Q2 25
49.4%
Q1 25
48.2%
Q4 24
48.6%
Q3 24
49.1%
Q2 24
48.8%
Operating Margin
EOG
EOG
SHW
SHW
Q1 26
Q4 25
16.7%
11.4%
Q3 25
31.4%
16.7%
Q2 25
31.9%
15.6%
Q1 25
32.8%
12.3%
Q4 24
28.5%
11.6%
Q3 24
35.0%
21.4%
Q2 24
35.4%
22.5%
Net Margin
EOG
EOG
SHW
SHW
Q1 26
9.4%
Q4 25
12.4%
8.5%
Q3 25
25.2%
13.1%
Q2 25
24.6%
12.0%
Q1 25
25.8%
9.5%
Q4 24
22.4%
9.1%
Q3 24
28.0%
13.1%
Q2 24
28.0%
14.2%
EPS (diluted)
EOG
EOG
SHW
SHW
Q1 26
$2.15
Q4 25
$1.31
$1.91
Q3 25
$2.70
$3.35
Q2 25
$2.46
$3.00
Q1 25
$2.65
$2.00
Q4 24
$2.25
$1.90
Q3 24
$2.95
$3.18
Q2 24
$2.95
$3.50

Balance Sheet & Financial Strength

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

Metric
EOG
EOG
SHW
SHW
Cash + ST InvestmentsLiquidity on hand
$3.4B
$216.9K
Total DebtLower is stronger
$11.7M
Stockholders' EquityBook value
$29.8B
$4.4M
Total Assets
$51.8B
$26.4M
Debt / EquityLower = less leverage
2.64×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
SHW
SHW
Q1 26
$216.9K
Q4 25
$3.4B
$207.2M
Q3 25
$3.5B
$241.5M
Q2 25
$5.2B
$269.8M
Q1 25
$6.6B
$199.8M
Q4 24
$7.1B
$210.4M
Q3 24
$6.1B
$238.2M
Q2 24
$5.4B
$200.0M
Total Debt
EOG
EOG
SHW
SHW
Q1 26
$11.7M
Q4 25
$9.7B
Q3 25
$9.7B
Q2 25
$9.0B
Q1 25
$9.0B
Q4 24
$9.2B
Q3 24
$9.2B
Q2 24
$9.0B
Stockholders' Equity
EOG
EOG
SHW
SHW
Q1 26
$4.4M
Q4 25
$29.8B
$4.6B
Q3 25
$30.3B
$4.4B
Q2 25
$29.2B
$4.4B
Q1 25
$29.5B
$4.1B
Q4 24
$29.4B
$4.1B
Q3 24
$29.6B
$4.2B
Q2 24
$29.2B
$3.8B
Total Assets
EOG
EOG
SHW
SHW
Q1 26
$26.4M
Q4 25
$51.8B
$25.9B
Q3 25
$52.2B
$26.2B
Q2 25
$46.3B
$25.4B
Q1 25
$47.0B
$24.6B
Q4 24
$47.2B
$23.6B
Q3 24
$46.2B
$24.0B
Q2 24
$45.2B
$23.7B
Debt / Equity
EOG
EOG
SHW
SHW
Q1 26
2.64×
Q4 25
2.10×
Q3 25
2.18×
Q2 25
2.04×
Q1 25
2.17×
Q4 24
2.28×
Q3 24
2.22×
Q2 24
2.39×

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
SHW
SHW
Operating Cash FlowLast quarter
$2.6B
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
3.73×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
SHW
SHW
Q1 26
Q4 25
$2.6B
$1.1B
Q3 25
$3.1B
$1.3B
Q2 25
$2.0B
$1.1B
Q1 25
$2.3B
$-61.1M
Q4 24
$2.8B
$934.5M
Q3 24
$3.6B
$1.1B
Q2 24
$2.9B
$1.2B
Free Cash Flow
EOG
EOG
SHW
SHW
Q1 26
Q4 25
$862.1M
Q3 25
$1.1B
Q2 25
$931.1M
Q1 25
$-250.4M
Q4 24
$634.5M
Q3 24
$839.4M
Q2 24
$952.0M
FCF Margin
EOG
EOG
SHW
SHW
Q1 26
Q4 25
15.4%
Q3 25
17.5%
Q2 25
14.7%
Q1 25
-4.7%
Q4 24
12.0%
Q3 24
13.6%
Q2 24
15.2%
Capex Intensity
EOG
EOG
SHW
SHW
Q1 26
2.4%
Q4 25
4.1%
Q3 25
3.1%
Q2 25
2.9%
Q1 25
3.6%
Q4 24
5.7%
Q3 24
3.8%
Q2 24
4.0%
Cash Conversion
EOG
EOG
SHW
SHW
Q1 26
Q4 25
3.73×
2.29×
Q3 25
2.11×
1.57×
Q2 25
1.51×
1.47×
Q1 25
1.56×
-0.12×
Q4 24
2.21×
1.95×
Q3 24
2.14×
1.33×
Q2 24
1.71×
1.35×

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%

SHW
SHW

Segment breakdown not available.

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