BP vs. EQNR: BP vs. Equinor Stock Comparison
How do BP (BP) and Equinor (EQNR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
BP (BP) and Equinor (EQNR) are both classified in the Integrated Oil & Gas sub-industry within the broader Oil, Gas & Consumable Fuels industry, placing them in the closest GICS peer bucket.
Both BP (BP) and Equinor (EQNR) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | BP | EQNR |
|---|---|---|
| Name | BP Plc Sponsored ADR | Equinor ASA Sponsored ADR |
| Country/Region | United Kingdom | Norway |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Oil, Gas & Consumable Fuels | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Integrated Oil & Gas | Integrated Oil & Gas |
| Market Capitalization | 114.69 billion USD | 99.39 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | January 2, 1962 | June 18, 2001 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BP | EQNR |
|---|---|---|
| Total Return (1Y) | 28.75% | 78.03% |
| Total Return (3Y, Annualized) | 14.45% | 17.56% |
| Total Return (5Y, Annualized) | 15.30% | 17.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BP | EQNR |
|---|---|---|
| Volatility (1Y, Annualized) | 30.74% | 40.50% |
| Beta (5Y) | 0.19 | 0.18 |
| Max Drawdown (5Y) | -30.64% | -34.57% |
| Avg. Volume (3M) | 9.10M | 3.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BP | EQNR |
|---|---|---|
| Sharpe Ratio (1Y) | 0.80 | 1.82 |
| Sortino Ratio (1Y) | 1.11 | 2.76 |
Profitability
ROE (TTM)
Equinor (EQNR) at 27.57% sits in the top ROE quartile, while BP (BP) at 13.42% is closer to the peer norm — stronger capital efficiency for EQNR.
BP
Energy industry group
13.42%
- Max
- 53.85%
- Q3
- 24.79%
- BP
- 13.42%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
EQNR
Energy industry group
27.57%
- Max
- 53.85%
- EQNR
- 27.57%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both BP (BP) at 3.84% and Equinor (EQNR) at 9.79% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BP
Energy industry group
3.84%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- BP
- 3.84%
- Q1
- 0.07%
- Min
- -27.38%
EQNR
Energy industry group
9.79%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- EQNR
- 9.79%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Equinor (EQNR) at 37.00% operates in the top operating margin quartile, ahead of BP (BP) at 18.59%, which runs around its industry’s norm.
BP
Energy industry group
18.59%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- BP
- 18.59%
- Q1
- 6.94%
- Min
- -24.52%
EQNR
Energy industry group
37.00%
- Max
- 71.31%
- EQNR
- 37.00%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | BP | EQNR |
|---|---|---|
| ROE (TTM) | 13.42% | 27.57% |
| ROA (TTM) | 6.75% | 17.10% |
| Net Margin (TTM) | 3.84% | 9.79% |
| Operating Margin (TTM) | 18.59% | 37.00% |
| Gross Margin (TTM) | 29.56% | 43.18% |
Growth
Revenue Growth
Both BP (BP) at 0.08% and Equinor (EQNR) at 3.24% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Equinor (EQNR) at -37.62% is around its peer norm for EPS growth, while BP (BP) at -85.34% drops into the bottom quartile, signaling weaker earnings momentum.
Growth Metrics
| Metric | BP | EQNR |
|---|---|---|
| Revenue Growth (YoY) | 0.08% | 3.24% |
| Revenue Growth (3Y CAGR) | -7.78% | -10.78% |
| EPS Growth (YoY) | -85.34% | -37.62% |
| EPS Growth (3Y CAGR) | -- | -40.11% |
Financial Strength
Current Ratio (MRQ)
Both BP (BP) at 1.29 and Equinor (EQNR) at 1.18 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
BP
Energy industry group
1.29
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- BP
- 1.29
- Q1
- 0.88
- Min
- 0.24
EQNR
Energy industry group
1.18
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- EQNR
- 1.18
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both BP (BP) at 0.87 and Equinor (EQNR) at 0.66 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BP
Energy industry group
0.87
- Max
- 1.75
- Q3
- 0.93
- BP
- 0.87
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
EQNR
Energy industry group
0.66
- Max
- 1.75
- Q3
- 0.93
- EQNR
- 0.66
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | BP | EQNR |
|---|---|---|
| Current Ratio (MRQ) | 1.29 | 1.18 |
| Debt / Equity (MRQ) | 0.87 | 0.66 |
| Net Debt / EBITDA | 0.56 | 0.12 |
Dividends
Dividend Yield (TTM)
Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while BP (BP) at 0.76% pays a more typical yield — both are credible income propositions, EQNR the richer one.
BP
Energy industry group
0.76%
- Max
- 8.57%
- Q3
- 3.58%
- Median
- 1.71%
- BP
- 0.76%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
3.67%
- Max
- 8.57%
- EQNR
- 3.67%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Equinor (EQNR) at 31.54% pays out a band-typical share of earnings, while BP (BP) at 95.25% distributes more than its industry norm — less retained, thinner cover.
BP
Energy industry group
95.25%
- Max
- 133.24%
- BP
- 95.25%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
31.54%
- Max
- 133.24%
- Q3
- 53.31%
- EQNR
- 31.54%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BP | EQNR |
|---|---|---|
| Dividend Yield (TTM) | 0.76% | 3.67% |
| Dividend Payout Ratio (TTM) | 95.25% | 31.54% |
Valuation
P/E Ratio (TTM)
Both BP (BP) at 21.72 and Equinor (EQNR) at 8.71 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BP
Energy industry group
21.72
- Max
- 39.54
- BP
- 21.72
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
EQNR
Energy industry group
8.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQNR
- 8.71
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Both BP (BP) at 0.49 and Equinor (EQNR) at 0.82 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.
BP
Energy industry group
0.49
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- BP
- 0.49
- Min
- 0.00
EQNR
Energy industry group
0.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- EQNR
- 0.82
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both BP (BP) at 7.43 and Equinor (EQNR) at 4.44 look expensive — each P/B ratio sits above its industry’s benchmark range.
BP
Energy industry group
7.43
- BP
- 7.43
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
EQNR
Energy industry group
4.44
- EQNR
- 4.44
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | BP | EQNR |
|---|---|---|
| P/E Ratio (TTM) | 21.72 | 8.71 |
| P/S Ratio (TTM) | 0.49 | 0.82 |
| P/B Ratio (MRQ) | 7.43 | 4.44 |
| Free Cash Flow Yield (TTM) | 14.84% | 32.55% |