Enterprise Value to EBITDA (EV/EBITDA)
Earnings before Interest, Tax, Depreciation and Amortization (EBITDA)
EOG Resources Inc., EBITDA calculation
US$ in thousands
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
| Item | Description | The company |
|---|---|---|
| EBITDA | To calculate EBITDA analysts start with net earnings. To that earnings number, interest, taxes, depreciation, and amortization are added. EBITDA as a pre-interest number is a flow to all providers of capital. | EOG Resources Inc. EBITDA increased from 2017 to 2018 but then slightly decreased from 2018 to 2019. |
Enterprise Value to EBITDA Ratio, Current
EOG Resources Inc., current EV/EBITDA calculation, comparison to benchmarks
| Selected Financial Data (US$ in thousands) | |
| Enterprise value (EV) | 38,070,738) |
| Earnings before interest, tax, depreciation and amortization (EBITDA) | 7,480,100) |
| Valuation Ratio | |
| EV/EBITDA | 5.09 |
| Benchmarks | |
| EV/EBITDA, Competitors1 | |
| Chevron Corp. | 6.27 |
| ConocoPhillips | 5.65 |
| Exxon Mobil Corp. | 7.40 |
| Marathon Petroleum Corp. | 3.94 |
| Occidental Petroleum Corp. | 5.14 |
| Valero Energy Corp. | 3.47 |
| EV/EBITDA, Sector | |
| Oil, Gas & Consumable Fuels | 10.95 |
| EV/EBITDA, Industry | |
| Energy | 12.28 |
Based on: 10-K (reporting date: 2019-12-31).
1 Click competitor name to see calculations.
If the company EV/EBITDA is lower then the EV/EBITDA of benchmark then company is relatively undervalued.
Otherwise, if the company EV/EBITDA is higher then the EV/EBITDA of benchmark then company is relatively overvalued.
Enterprise Value to EBITDA Ratio, Historical
EOG Resources Inc., historical EV/EBITDA calculation, comparison to benchmarks
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | Dec 31, 2016 | Dec 31, 2015 | ||
|---|---|---|---|---|---|---|
| Selected Financial Data (US$ in thousands) | ||||||
| Enterprise value (EV)1 | 38,070,738) | 59,000,426) | 67,432,214) | 61,864,092) | 43,608,770) | |
| Earnings before interest, tax, depreciation and amortization (EBITDA)2 | 7,480,100) | 7,921,458) | 4,344,941) | 2,277,593) | (3,370,519) | |
| Valuation Ratio | ||||||
| EV/EBITDA3 | 5.09 | 7.45 | 15.52 | 27.16 | — | |
| Benchmarks | ||||||
| EV/EBITDA, Competitors4 | ||||||
| Chevron Corp. | 6.39 | — | — | — | — | |
| ConocoPhillips | 4.13 | — | — | — | — | |
| Exxon Mobil Corp. | 6.91 | — | — | — | — | |
| Marathon Petroleum Corp. | 7.23 | — | — | — | — | |
| Occidental Petroleum Corp. | 10.32 | — | — | — | — | |
| Valero Energy Corp. | 6.00 | — | — | — | — | |
| EV/EBITDA, Sector | ||||||
| Oil, Gas & Consumable Fuels | 6.54 | — | — | — | — | |
| EV/EBITDA, Industry | ||||||
| Energy | 7.51 | — | — | — | — | |
Based on: 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31).
3 2019 Calculation
EV/EBITDA = EV ÷ EBITDA
= 38,070,738 ÷ 7,480,100 = 5.09
4 Click competitor name to see calculations.
| Valuation ratio | Description | The company |
|---|---|---|
| EV/EBITDA | Enterprise value to earnings before interest, tax, depreciation and amortization is a valuation indicator for the overall company rather than common stock. | EOG Resources Inc. EV/EBITDA ratio decreased from 2017 to 2018 and from 2018 to 2019. |