EQNR vs VLO
Equinor ASA and Valero Energy Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EQNR | VLO |
|---|---|---|
| Revenue | $106.5B | $122.7B |
| Net income | $5.0B | $2.3B |
| Gross margin | 48.2% | −1.1% |
| Net margin | 4.8% | 1.9% |
| Return on equity | 12.2% | 9.7% |
| Diluted EPS | $1.94 | $7.57 |
| Dividend / share | $1.48 | $4.52 |
| Payout ratio | 95.0% | 59.8% |
| Free cash flow | $6.0B | · |
| Equity | $40.4B | $23.7B |
| Net debt / equity | · | 0.19× |
| Current ratio | · | 1.65× |
| Revenue CAGR 5y | 18.4% | 13.6% |
| Profit CAGR 5y | · | · |
VLO bills 1.2× the revenue of EQNR, and EQNR keeps more of each dollar of revenue as profit (4.8% against 1.9%).
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 | EQNR | VLO |
|---|---|---|
| FY2025 | $106.5B | $122.7B |
| FY2024 | $103.8B | $129.9B |
| FY2023 | $107.2B | $144.8B |
| FY2022 | $150.8B | $176.4B |
| FY2021 | $90.9B | $114.0B |
| FY2020 | $45.8B | $64.9B |
| FY2019 | $64.4B | $108.3B |
| FY2018 | $79.6B | $117.0B |
| FY2017 | $61.2B | $94.0B |
| FY2016 | $45.9B | $75.7B |
Bottom line
| Fiscal year | EQNR | VLO |
|---|---|---|
| FY2025 | $5.0B | $2.3B |
| FY2024 | $8.8B | $2.8B |
| FY2023 | $11.9B | $8.8B |
| FY2022 | $28.7B | $11.5B |
| FY2021 | $8.6B | $930.0M |
| FY2020 | $-5.5B | $-1.4B |
| FY2019 | $1.8B | $2.4B |
| FY2018 | $7.5B | $3.1B |
| FY2017 | $4.6B | $4.1B |
| FY2016 | $-2.9B | $2.3B |
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$16,225,000,000 | VLO |
| FY2024 | −$26,107,000,000 | VLO |
| FY2023 | −$37,592,000,000 | VLO |
| FY2022 | −$25,577,000,000 | VLO |
| FY2021 | −$23,053,000,000 | VLO |
| FY2020 | −$19,094,000,000 | VLO |
| FY2019 | −$43,967,000,000 | VLO |
| FY2018 | −$37,440,000,000 | VLO |
| FY2017 | −$32,793,000,000 | VLO |
| FY2016 | −$29,786,000,000 | VLO |
VLO has reported the higher revenue in every one of these 10 fiscal years. The gap has narrowed since the earliest year compared.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
10 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +2.8 pp | EQNR |
| FY2024 | +6.1 pp | EQNR |
| FY2023 | +4.5 pp | EQNR |
| FY2022 | +12.1 pp | EQNR |
| FY2021 | +8.2 pp | EQNR |
| FY2020 | −10.2 pp | VLO |
| FY2019 | +0.2 pp | EQNR |
| FY2018 | +6.5 pp | EQNR |
| FY2017 | +2.8 pp | EQNR |
| FY2016 | −9.8 pp | VLO |
The higher net margin has changed hands between EQNR and VLO over this period.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
EQNR's net margin has been more volatile than VLO's over the 10 comparable fiscal years — 8.4 percentage points of standard deviation against 2.4.
10 of 11 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between EQNR and VLO over these 10 fiscal years — EQNR led in 8 and VLO in 2.
10 of 11 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 VLO's over the 11 comparable fiscal years — 20.5 percentage points of standard deviation against 15.6.
11 of 18 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 EQNR and VLO over these 11 fiscal years — EQNR led in 5 and VLO in 6.
11 of 18 comparable fiscal years — a year missing data on either side is not counted.