AI Takeaway
EG delivered solid FY2025 results with revenue growing 1.2% to $17.5B and net income surging 15.9% to $1.59B, though operating cash flow declined sharply by 38.1% to $3.07B.
Revenue
$17.5B
++1.24% YoY
EPS (Basic)
$37.80
++18.94% YoY
Filed · Analysis updated · Source: SEC EDGAR 10-K filing
EG grew total revenue by 1.2% year-over-year to $17.50B in FY2025, up from $17.28B in FY2024, reflecting modest but consistent top-line expansion despite a challenging macroeconomic environment.
Source: Source: 10-K Income Statement, Financial Data
Net income rose 15.9% to $1.59B and basic EPS jumped 18.9% to $37.80, significantly outpacing revenue growth and suggesting meaningful margin improvement and/or share count reduction through buybacks.
Source: Source: 10-K Income Statement, Financial Data
EG repurchased $797M in shares during FY2025, nearly four times the $200M repurchased in FY2024 (up 298.5%), which contributed to the outsized EPS growth relative to net income growth.
Source: Source: 10-K Cash Flow Statement, Financial Data
2 more insights available
Upgrade to unlockEG carries a debt-to-equity ratio of 3.04x, meaning liabilities are more than three times stockholders' equity of $15.46B. This elevated leverage increases interest expense burden and limits financial flexibility, particularly if operating cash flows continue to decline.
Source: Source: 10-K Balance Sheet, Financial Data
Unlock 4 more detailed risk analysis
Upgrade to unlockReported EPS of $13.26 versus the $13.56 analyst consensus — a -2.2% miss for FY2025.
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Revenue | $17.5B | $17.28B | +1.24% |
Net Income | $1.59B | $1.37B | +15.88% |
EPS (Basic) | $37.80 | $31.78 | +18.94% |
EPS (Diluted) | $37.80 | $31.78 | +18.94% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Total Assets | $62.51B | $56.34B | +10.96% |
Total Liabilities | $47.05B | $42.47B | +10.80% |
Stockholders' Equity | $15.46B | $13.88B | +11.43% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Operating Cash Flow | $3.07B | $4.96B | -38.11% |
Investing Cash Flow | $-2.1B | $-4.48B | +53.19% |
Financing Cash Flow | $-1.18B | $-383M | -206.79% |
Share Buybacks | $797M | $200M | +298.50% |
| Metric | Current | Previous | YoY Change |
|---|---|---|---|
Net Margin | 9.1% | — | — |
ROE | 10.3% | — | — |
ROA | 2.5% | — | — |
Debt to Equity | $3.043 | — | — |
EG reported FY2025 revenue of $17.50B, up 1.2% year-over-year, while net income grew a stronger 15.9% to $1.59B. Basic EPS rose 18.9% to $37.80, partly boosted by a significant increase in share buybacks.
EG's operating cash flow fell 38.1% to $3.07B in FY2025 from $4.96B in FY2024, a sharp decline despite higher net income. This divergence may reflect working capital changes or timing differences in cash collections, and is a key area for investors to monitor.
Yes, EG dramatically accelerated its share repurchase program, buying back $797M in shares in FY2025 compared to just $200M in FY2024, a 298.5% increase. This contributed to the outsized 18.9% EPS growth relative to the 15.9% net income growth.
EG carries a debt-to-equity ratio of 3.04x, with total liabilities of $47.1B against stockholders' equity of $15.46B, indicating elevated financial leverage. While the balance sheet expanded 11.0% in total assets to $62.5B, the high leverage combined with declining operating cash flow warrants careful monitoring.
Based on the financial data, key risks include high financial leverage at 3.04x debt-to-equity, a sharp 38.1% decline in operating cash flow, and aggressive share buybacks funded during a period of weakening cash generation. The company's thin 9.1% net margin also leaves limited buffer against cost pressures or revenue headwinds.