COP vs EQNR
ConocoPhillips and Equinor ASA, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | COP | EQNR |
|---|---|---|
| Revenue | $58.9B | $106.5B |
| Net income | $8.0B | $5.0B |
| Gross margin | 62.1% | 48.2% |
| Net margin | 13.6% | 4.8% |
| Return on equity | 12.4% | 12.2% |
| Diluted EPS | $6.35 | $1.94 |
| Dividend / share | $3.18 | $1.48 |
| Payout ratio | 50.0% | 95.0% |
| Free cash flow | · | $6.0B |
| Equity | $64.5B | $40.4B |
| Net debt / equity | 0.26× | · |
| Current ratio | 1.30× | · |
| Revenue CAGR 5y | 25.7% | 18.4% |
| Profit CAGR 5y | · | · |
EQNR bills 1.8× the revenue of COP, and COP keeps more of each dollar of revenue as profit (13.6% against 4.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | COP | EQNR |
|---|---|---|
| FY2025 | $58.9B | $106.5B |
| FY2024 | $54.7B | $103.8B |
| FY2023 | $56.1B | $107.2B |
| FY2022 | $78.5B | $150.8B |
| FY2021 | $45.8B | $90.9B |
| FY2020 | $18.8B | $45.8B |
| FY2019 | $36.7B | $64.4B |
| FY2018 | $38.7B | $79.6B |
| FY2017 | $32.6B | $61.2B |
| FY2016 | $24.4B | $45.9B |
Bottom line
| Fiscal year | COP | EQNR |
|---|---|---|
| FY2025 | $8.0B | $5.0B |
| FY2024 | $9.2B | $8.8B |
| FY2023 | $11.0B | $11.9B |
| FY2022 | $18.7B | $28.7B |
| FY2021 | $8.1B | $8.6B |
| FY2020 | $-2.7B | $-5.5B |
| FY2019 | $7.2B | $1.8B |
| FY2018 | $6.3B | $7.5B |
| FY2017 | $-855.0M | $4.6B |
| FY2016 | $-3.6B | $-2.9B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$47,518,000,000 | EQNR |
| FY2024 | −$49,029,000,000 | EQNR |
| FY2023 | −$51,033,000,000 | EQNR |
| FY2022 | −$72,312,000,000 | EQNR |
| FY2021 | −$45,096,000,000 | EQNR |
| FY2020 | −$27,034,000,000 | EQNR |
| FY2019 | −$27,687,000,000 | EQNR |
| FY2018 | −$40,866,000,000 | EQNR |
| FY2017 | −$28,603,000,000 | EQNR |
| FY2016 | −$21,513,000,000 | EQNR |
| FY2015 | −$28,707,000,000 | EQNR |
EQNR has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +8.8 pp | COP |
| FY2024 | +8.4 pp | COP |
| FY2023 | +8.4 pp | COP |
| FY2022 | +4.7 pp | COP |
| FY2021 | +8.2 pp | COP |
| FY2020 | −2.1 pp | EQNR |
| FY2019 | +16.9 pp | COP |
| FY2018 | +6.8 pp | COP |
| FY2017 | −9.9 pp | EQNR |
| FY2016 | −8.3 pp | EQNR |
| FY2015 | −5.5 pp | EQNR |
The higher net margin has changed hands between COP and EQNR over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
COP's net margin has been more volatile than EQNR's over the 11 comparable fiscal years — 14.7 percentage points of standard deviation against 9.0.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between COP and EQNR over these 11 fiscal years — COP led in 7 and EQNR in 4.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQNR's return on equity has been more volatile than COP's over the 11 comparable fiscal years — 20.5 percentage points of standard deviation against 15.7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between COP and EQNR over these 11 fiscal years — COP led in 5 and EQNR in 6.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.