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MARKETS / COMPARE / EQNR VS MPC

EQNR vs MPC

Equinor ASA and Marathon Petroleum Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

EQNR vs MPC, at a glance
Metric EQNR MPC
Revenue$106.5B$132.7B
Net income$5.0B$4.0B
Gross margin48.2%10.0%
Net margin4.8%4.4%
Return on equity12.2%23.1%
Diluted EPS$1.94$13.22
Dividend / share$1.48$3.73
Payout ratio95.0%28.2%
Free cash flow$6.0B$4.8B
Equity$40.4B$17.3B
Net debt / equity·1.69×
Current ratio·1.26×
Revenue CAGR 5y18.4%13.7%
Profit CAGR 5y··

MPC bills 1.2× the revenue of EQNR, and EQNR keeps more of each dollar of revenue as profit (4.8% against 4.4%).

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.

Revenue by year

10 years side by side

EQNR vs MPC, revenue by year
Fiscal year EQNR MPC
FY2025$106.5B$132.7B
FY2024$103.8B$138.9B
FY2023$107.2B$148.4B
FY2022$150.8B$177.5B
FY2021$90.9B$120.0B
FY2020$45.8B$69.8B
FY2019$64.4B$111.1B
FY2018$79.6B$86.1B
FY2017$61.2B$74.7B
FY2016$45.9B$63.3B
Net income by year

Bottom line

EQNR vs MPC, net income by year
Fiscal year EQNR MPC
FY2025$5.0B$4.0B
FY2024$8.8B$3.4B
FY2023$11.9B$9.7B
FY2022$28.7B$14.5B
FY2021$8.6B$9.7B
FY2020$-5.5B$-9.8B
FY2019$1.8B$2.6B
FY2018$7.5B$2.8B
FY2017$4.6B$3.4B
FY2016$-2.9B$1.2B
Revenue gap over time

11 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025−$26,237,000,000MPC
FY2024−$35,090,000,000MPC
FY2023−$41,205,000,000MPC
FY2022−$26,647,000,000MPC
FY2021−$29,059,000,000MPC
FY2020−$23,961,000,000MPC
FY2019−$46,791,000,000MPC
FY2018−$6,493,000,000MPC
FY2017−$13,546,000,000MPC
FY2016−$17,404,000,000MPC
FY2015−$12,409,000,000MPC

MPC has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.

11 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

11 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+0.3 ppEQNR
FY2024+4.9 ppEQNR
FY2023+3.6 ppEQNR
FY2022+10.0 ppEQNR
FY2021+0.3 ppEQNR
FY2020+2.3 ppEQNR
FY2019−0.1 ppMPC
FY2018+5.3 ppEQNR
FY2017+1.8 ppEQNR
FY2016−8.5 ppMPC
FY2015−13.1 ppMPC

The higher net margin has changed hands between EQNR and MPC over this period.

11 of 17 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

EQNR's net margin has been more volatile than MPC's over the 11 comparable fiscal years — 9.0 percentage points of standard deviation against 6.1.

11 of 17 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between EQNR and MPC over these 11 fiscal years — EQNR led in 8 and MPC in 3.

11 of 17 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

MPC's return on equity has been more volatile than EQNR's over the 11 comparable fiscal years — 22.0 percentage points of standard deviation against 20.5.

11 of 17 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between EQNR and MPC over these 11 fiscal years — EQNR led in 4 and MPC in 7.

11 of 17 comparable fiscal years — a year missing data on either side is not counted.

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