vs

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

EOG Resources is the larger business by last-quarter revenue ($5.6B vs $3.0B, roughly 1.9× Wabtec). EOG Resources runs the higher net margin — 12.4% vs 12.3%, a 0.1% gap on every dollar of revenue. On growth, Wabtec posted the faster year-over-year revenue change (13.0% vs 0.9%). Over the past eight quarters, Wabtec's revenue compounded faster (5.6% 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.

Westinghouse Air Brake Technologies Corporation, commonly known as Wabtec, is an American company formed by the merger of the Westinghouse Air Brake Company (WABCO) and MotivePower in 1999. It is headquartered in Pittsburgh, Pennsylvania.

EOG vs WAB — Head-to-Head

Bigger by revenue
EOG
EOG
1.9× larger
EOG
$5.6B
$3.0B
WAB
Growing faster (revenue YoY)
WAB
WAB
+12.1% gap
WAB
13.0%
0.9%
EOG
Higher net margin
EOG
EOG
0.1% more per $
EOG
12.4%
12.3%
WAB
Faster 2-yr revenue CAGR
WAB
WAB
Annualised
WAB
5.6%
-4.0%
EOG

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
EOG
EOG
WAB
WAB
Revenue
$5.6B
$3.0B
Net Profit
$701.0M
$363.0M
Gross Margin
36.0%
Operating Margin
16.7%
17.5%
Net Margin
12.4%
12.3%
Revenue YoY
0.9%
13.0%
Net Profit YoY
-44.0%
11.0%
EPS (diluted)
$1.31
$2.12

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
WAB
WAB
Q1 26
$3.0B
Q4 25
$5.6B
$3.0B
Q3 25
$5.8B
$2.9B
Q2 25
$5.5B
$2.7B
Q1 25
$5.7B
$2.6B
Q4 24
$5.6B
$2.6B
Q3 24
$6.0B
$2.7B
Q2 24
$6.0B
$2.6B
Net Profit
EOG
EOG
WAB
WAB
Q1 26
$363.0M
Q4 25
$701.0M
$202.0M
Q3 25
$1.5B
$310.0M
Q2 25
$1.3B
$336.0M
Q1 25
$1.5B
$322.0M
Q4 24
$1.3B
$212.0M
Q3 24
$1.7B
$283.0M
Q2 24
$1.7B
$289.0M
Gross Margin
EOG
EOG
WAB
WAB
Q1 26
36.0%
Q4 25
32.6%
Q3 25
34.7%
Q2 25
34.7%
Q1 25
34.5%
Q4 24
30.9%
Q3 24
33.0%
Q2 24
33.1%
Operating Margin
EOG
EOG
WAB
WAB
Q1 26
17.5%
Q4 25
16.7%
12.0%
Q3 25
31.4%
17.0%
Q2 25
31.9%
17.4%
Q1 25
32.8%
18.2%
Q4 24
28.5%
12.9%
Q3 24
35.0%
16.3%
Q2 24
35.4%
16.3%
Net Margin
EOG
EOG
WAB
WAB
Q1 26
12.3%
Q4 25
12.4%
6.8%
Q3 25
25.2%
10.7%
Q2 25
24.6%
12.4%
Q1 25
25.8%
12.3%
Q4 24
22.4%
8.2%
Q3 24
28.0%
10.6%
Q2 24
28.0%
10.9%
EPS (diluted)
EOG
EOG
WAB
WAB
Q1 26
$2.12
Q4 25
$1.31
$1.18
Q3 25
$2.70
$1.81
Q2 25
$2.46
$1.96
Q1 25
$2.65
$1.88
Q4 24
$2.25
$1.24
Q3 24
$2.95
$1.63
Q2 24
$2.95
$1.64

Balance Sheet & Financial Strength

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

Metric
EOG
EOG
WAB
WAB
Cash + ST InvestmentsLiquidity on hand
$3.4B
Total DebtLower is stronger
$4.7B
Stockholders' EquityBook value
$29.8B
$11.1B
Total Assets
$51.8B
$23.2B
Debt / EquityLower = less leverage
0.42×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EOG
EOG
WAB
WAB
Q1 26
Q4 25
$3.4B
Q3 25
$3.5B
Q2 25
$5.2B
Q1 25
$6.6B
Q4 24
$7.1B
Q3 24
$6.1B
Q2 24
$5.4B
Total Debt
EOG
EOG
WAB
WAB
Q1 26
$4.7B
Q4 25
$5.5B
Q3 25
$5.3B
Q2 25
$4.8B
Q1 25
$4.0B
Q4 24
$4.0B
Q3 24
$4.0B
Q2 24
$4.0B
Stockholders' Equity
EOG
EOG
WAB
WAB
Q1 26
$11.1B
Q4 25
$29.8B
$11.1B
Q3 25
$30.3B
$11.0B
Q2 25
$29.2B
$10.8B
Q1 25
$29.5B
$10.4B
Q4 24
$29.4B
$10.1B
Q3 24
$29.6B
$10.3B
Q2 24
$29.2B
$10.5B
Total Assets
EOG
EOG
WAB
WAB
Q1 26
$23.2B
Q4 25
$51.8B
$22.1B
Q3 25
$52.2B
$21.5B
Q2 25
$46.3B
$20.4B
Q1 25
$47.0B
$19.1B
Q4 24
$47.2B
$18.7B
Q3 24
$46.2B
$18.6B
Q2 24
$45.2B
$18.9B
Debt / Equity
EOG
EOG
WAB
WAB
Q1 26
0.42×
Q4 25
0.50×
Q3 25
0.48×
Q2 25
0.44×
Q1 25
0.39×
Q4 24
0.39×
Q3 24
0.39×
Q2 24
0.38×

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
WAB
WAB
Operating Cash FlowLast quarter
$2.6B
$199.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
3.73×
0.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EOG
EOG
WAB
WAB
Q1 26
$199.0M
Q4 25
$2.6B
$992.0M
Q3 25
$3.1B
$367.0M
Q2 25
$2.0B
$209.0M
Q1 25
$2.3B
$191.0M
Q4 24
$2.8B
$723.0M
Q3 24
$3.6B
$542.0M
Q2 24
$2.9B
$235.0M
Free Cash Flow
EOG
EOG
WAB
WAB
Q1 26
Q4 25
$870.0M
Q3 25
$312.0M
Q2 25
$170.0M
Q1 25
$147.0M
Q4 24
$639.0M
Q3 24
$496.0M
Q2 24
$189.0M
FCF Margin
EOG
EOG
WAB
WAB
Q1 26
Q4 25
29.3%
Q3 25
10.8%
Q2 25
6.3%
Q1 25
5.6%
Q4 24
24.7%
Q3 24
18.6%
Q2 24
7.1%
Capex Intensity
EOG
EOG
WAB
WAB
Q1 26
Q4 25
4.1%
Q3 25
1.9%
Q2 25
1.4%
Q1 25
1.7%
Q4 24
3.3%
Q3 24
1.7%
Q2 24
1.7%
Cash Conversion
EOG
EOG
WAB
WAB
Q1 26
0.55×
Q4 25
3.73×
4.91×
Q3 25
2.11×
1.18×
Q2 25
1.51×
0.62×
Q1 25
1.56×
0.59×
Q4 24
2.21×
3.41×
Q3 24
2.14×
1.92×
Q2 24
1.71×
0.81×

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%

WAB
WAB

Segment breakdown not available.

Related Comparisons