EOG Payout Ratio: current value, 10-year range and year-by-year history
Cash & Leverage
Payout Ratio History
EOG Payout Ratio by year
Yearly range of EOG’s payout ratio from 2017 to 2026. Over the full period it ranged from 20.7% to 4,144.3%, averaging 175.8%.
| Year | Low | Average | High | Year-end |
|---|---|---|---|---|
| 2026 | 31.7% | 42.0% | 52.3% | 31.7% |
| 2025 | 37.2% | 49.0% | 59.7% | 59.7% |
| 2024 | 35.4% | 50.3% | 61.4% | 35.4% |
| 2023 | 52.0% | 60.6% | 65.9% | 65.4% |
| 2022 | 84.9% | 96.3% | 122.7% | 84.9% |
| 2021 | 36.0% | 48.6% | 54.7% | 54.6% |
| 2020 | 20.7% | 41.3% | 53.2% | 53.2% |
| 2019 | 23.9% | 30.9% | 39.5% | 33.9% |
| 2018 | 26.0% | 67.2% | 129.2% | 26.0% |
| 2017 | 224.6% | 1,548.0% | 4,144.3% | 275.0% |
Get notified when EOG Payout Ratio crosses a threshold
Free — one alert setup, notifications by push, Telegram, or Discord.
What fraction of free cash flow is paid out as dividends. More reliable than the earnings-based payout ratio because cash is harder to manipulate through accounting choices. Low ratio = room to grow the dividend and absorb an earnings dip. High ratio = dividend is consuming most of the cash generated.
TTM Dividends Per Share / (TTM FCF ÷ Shares) × 100%A steadily rising FCF payout ratio warrants scrutiny only if FCF itself is flat or falling — that means the company is paying out a larger slice of shrinking cash. A high but stable ratio in a capital-light business (e.g. consumer staples) can be perfectly sustainable.
- FCF can be lumpy: large one-off capex or working-capital swings distort a single year. Look at the multi-year trend rather than any single data point.
- Utilities and REITs naturally sustain 60–90% FCF payout ratios; industrials and tech companies typically run 20–50%. Always compare to sector context.
Unlock 10y, 15y, 20y, and 30y history with peer comparison and CSV export.