EQNR vs XOM
Equinor ASA and ExxonMobil Holdings Corp., side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | EQNR | XOM |
|---|---|---|
| Revenue | $106.5B | $332.2B |
| Net income | $5.0B | $28.8B |
| Gross margin | 48.2% | · |
| Net margin | 4.8% | 9.0% |
| Return on equity | 12.2% | 11.0% |
| Diluted EPS | $1.94 | $6.70 |
| Dividend / share | $1.48 | $4.00 |
| Payout ratio | 95.0% | 59.7% |
| Free cash flow | $6.0B | $23.6B |
| Equity | $40.4B | $259.4B |
| Net debt / equity | · | 0.11× |
| Current ratio | · | 1.15× |
| Revenue CAGR 5y | 18.4% | 12.9% |
| Profit CAGR 5y | · | · |
XOM bills 3.1× the revenue of EQNR, and keeps more of each dollar of revenue as profit (9.0% 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 | EQNR | XOM |
|---|---|---|
| FY2025 | $106.5B | $332.2B |
| FY2024 | $103.8B | $349.6B |
| FY2023 | $107.2B | $344.6B |
| FY2022 | $150.8B | $413.7B |
| FY2021 | $90.9B | $285.6B |
| FY2020 | $45.8B | $181.5B |
| FY2019 | $64.4B | $264.9B |
| FY2018 | $79.6B | $290.2B |
| FY2017 | $61.2B | $244.4B |
| FY2016 | $45.9B | $200.6B |
Bottom line
| Fiscal year | EQNR | XOM |
|---|---|---|
| FY2025 | $5.0B | $28.8B |
| FY2024 | $8.8B | $33.7B |
| FY2023 | $11.9B | $36.0B |
| FY2022 | $28.7B | $55.7B |
| FY2021 | $8.6B | $23.0B |
| FY2020 | $-5.5B | $-22.4B |
| FY2019 | $1.8B | $14.3B |
| FY2018 | $7.5B | $20.8B |
| FY2017 | $4.6B | $19.7B |
| FY2016 | $-2.9B | $7.8B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −$225,776,000,000 | XOM |
| FY2024 | −$245,811,000,000 | XOM |
| FY2023 | −$237,408,000,000 | XOM |
| FY2022 | −$262,874,000,000 | XOM |
| FY2021 | −$194,716,000,000 | XOM |
| FY2020 | −$135,684,000,000 | XOM |
| FY2019 | −$200,581,000,000 | XOM |
| FY2018 | −$210,619,000,000 | XOM |
| FY2017 | −$183,176,000,000 | XOM |
| FY2016 | −$154,755,000,000 | XOM |
| FY2015 | −$180,212,000,000 | XOM |
XOM 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.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −4.2 pp | XOM |
| FY2024 | −1.5 pp | XOM |
| FY2023 | +0.3 pp | EQNR |
| FY2022 | +5.1 pp | EQNR |
| FY2021 | +1.2 pp | EQNR |
| FY2020 | +0.8 pp | EQNR |
| FY2019 | −2.7 pp | XOM |
| FY2018 | +2.1 pp | EQNR |
| FY2017 | −0.6 pp | XOM |
| FY2016 | −10.9 pp | XOM |
| FY2015 | −16.2 pp | XOM |
The higher net margin has changed hands between EQNR and XOM over this period.
11 of 17 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 XOM's over the 11 comparable fiscal years — 9.0 percentage points of standard deviation against 6.6.
11 of 17 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 XOM over these 11 fiscal years — EQNR led in 5 and XOM in 6.
11 of 17 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 XOM's over the 11 comparable fiscal years — 20.5 percentage points of standard deviation against 9.9.
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 EQNR and XOM over these 11 fiscal years — EQNR led in 7 and XOM in 4.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.