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EQNR vs. XOM: Equinor vs. ExxonMobil Stock Comparison

How do Equinor (EQNR) and ExxonMobil (XOM) 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

Equinor (EQNR) and ExxonMobil (XOM) 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.

ExxonMobil (XOM) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for Equinor (EQNR) and ExxonMobil (XOM)
Profile ItemEQNRXOM
NameEquinor ASA Sponsored ADRExxonMobil Holdings Corporation
Country/RegionNorwayUnited States
GICS SectorEnergyEnergy
GICS Industry GroupEnergyEnergy
GICS IndustryOil, Gas & Consumable FuelsOil, Gas & Consumable Fuels
GICS Sub-IndustryIntegrated Oil & GasIntegrated Oil & Gas
Market Capitalization99.39 billion USD676.62 billion USD
CurrencyUSDUSD
ExchangeNYSENYSE
Listing DateJune 18, 2001January 2, 1962
Security TypeADRCommon Stock

Price Performance

Cumulative Growth

EQNR
XOM
GSPC
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Equinor (EQNR) vs. ExxonMobil (XOM), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Equinor (EQNR) and ExxonMobil (XOM). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Equinor (EQNR) and ExxonMobil (XOM). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
Total Return (1Y)78.03%44.48%
Total Return (3Y, Annualized)17.56%20.83%
Total Return (5Y, Annualized)17.66%24.20%

Risk Profile

Drawdown History

EQNR
XOM
GSPC
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Equinor (EQNR) vs. ExxonMobil (XOM), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Equinor (EQNR) and ExxonMobil (XOM). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
Volatility (1Y, Annualized)40.50%27.17%
Beta (5Y)0.180.19
Max Drawdown (5Y)-34.57%-20.51%
Avg. Volume (3M)3.77M13.57M

Risk-Adjusted Performance

Risk-Return Positioning

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EQNR and XOM are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
Sharpe Ratio (1Y)1.821.48
Sortino Ratio (1Y)2.762.17

Profitability

ROE (TTM)

Equinor (EQNR) at 27.57% sits in the top ROE quartile, while ExxonMobil (XOM) at 15.53% is closer to the peer norm — stronger capital efficiency for EQNR.

EQNR

Energy industry group

27.57%

Max
53.85%
EQNR
27.57%
Q3
24.79%
Median
12.85%
Q1
2.03%
Min
-29.09%

XOM

Energy industry group

15.53%

Max
53.85%
Q3
24.79%
XOM
15.53%
Median
12.85%
Q1
2.03%
Min
-29.09%
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Equinor (EQNR) at 9.79% and ExxonMobil (XOM) at 10.46% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.

EQNR

Energy industry group

9.79%

Max
56.92%
Q3
22.92%
Median
10.10%
EQNR
9.79%
Q1
0.07%
Min
-27.38%

XOM

Energy industry group

10.46%

Max
56.92%
Q3
22.92%
XOM
10.46%
Median
10.10%
Q1
0.07%
Min
-27.38%
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Equinor (EQNR) at 37.00% operates in the top operating margin quartile, ahead of ExxonMobil (XOM) at 16.98%, which runs around its industry’s norm.

EQNR

Energy industry group

37.00%

Max
71.31%
EQNR
37.00%
Q3
33.75%
Median
18.73%
Q1
6.94%
Min
-24.52%

XOM

Energy industry group

16.98%

Max
71.31%
Q3
33.75%
Median
18.73%
XOM
16.98%
Q1
6.94%
Min
-24.52%
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
ROE (TTM)27.57%15.53%
ROA (TTM)17.10%6.75%
Net Margin (TTM)9.79%10.46%
Operating Margin (TTM)37.00%16.98%
Gross Margin (TTM)43.18%29.81%

Growth

Revenue Growth

Both Equinor (EQNR) at 3.24% and ExxonMobil (XOM) at -4.52% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Equinor (EQNR) at -37.62% and ExxonMobil (XOM) at -14.54% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
Revenue Growth (YoY)3.24%-4.52%
Revenue Growth (3Y CAGR)-10.78%-6.69%
EPS Growth (YoY)-37.62%-14.54%
EPS Growth (3Y CAGR)-40.11%-20.35%

Financial Strength

Current Ratio (MRQ)

Both Equinor (EQNR) at 1.18 and ExxonMobil (XOM) at 1.19 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.

EQNR

Energy industry group

1.18

Max
3.64
Q3
2.21
Median
1.41
EQNR
1.18
Q1
0.88
Min
0.24

XOM

Energy industry group

1.19

Max
3.64
Q3
2.21
Median
1.41
XOM
1.19
Q1
0.88
Min
0.24
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

ExxonMobil (XOM) at 0.13 keeps leverage in the lower industry quartile, while Equinor (EQNR) at 0.66 runs a more typical debt-to-equity mix.

EQNR

Energy industry group

0.66

Max
1.75
Q3
0.93
EQNR
0.66
Median
0.54
Q1
0.30
Min
0.00

XOM

Energy industry group

0.13

Max
1.75
Q3
0.93
Median
0.54
Q1
0.30
XOM
0.13
Min
0.00
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
Current Ratio (MRQ)1.181.19
Debt / Equity (MRQ)0.660.13
Net Debt / EBITDA0.120.28

Dividends

Dividend Yield (TTM)

Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while ExxonMobil (XOM) at 2.49% pays a more typical yield — both are credible income propositions, EQNR the richer one.

EQNR

Energy industry group

3.67%

Max
8.57%
EQNR
3.67%
Q3
3.58%
Median
1.71%
Q1
0.00%
Min
0.00%

XOM

Energy industry group

2.49%

Max
8.57%
Q3
3.58%
XOM
2.49%
Median
1.71%
Q1
0.00%
Min
0.00%
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Equinor (EQNR) at 31.54% and ExxonMobil (XOM) at 42.39% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.

EQNR

Energy industry group

31.54%

Max
133.24%
Q3
53.31%
EQNR
31.54%
Median
25.24%
Q1
0.00%
Min
0.00%

XOM

Energy industry group

42.39%

Max
133.24%
Q3
53.31%
XOM
42.39%
Median
25.24%
Q1
0.00%
Min
0.00%
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
Dividend Yield (TTM)3.67%2.49%
Dividend Payout Ratio (TTM)31.54%42.39%

Valuation

P/E Ratio (TTM)

Both Equinor (EQNR) at 8.71 and ExxonMobil (XOM) at 17.06 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.

EQNR

Energy industry group

8.71

Max
39.54
Q3
21.72
Median
12.19
EQNR
8.71
Q1
7.71
Min
2.99

XOM

Energy industry group

17.06

Max
39.54
Q3
21.72
XOM
17.06
Median
12.19
Q1
7.71
Min
2.99
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while ExxonMobil (XOM) at 1.74 prices around its industry’s middle — EQNR costs less per dollar of sales, though read it alongside growth and margins.

EQNR

Energy industry group

0.82

Max
5.40
Q3
2.85
Median
1.69
Q1
0.88
EQNR
0.82
Min
0.00

XOM

Energy industry group

1.74

Max
5.40
Q3
2.85
XOM
1.74
Median
1.69
Q1
0.88
Min
0.00
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

Both look rich against book: ExxonMobil (XOM) at 2.55 sits in the upper P/B ratio quartile, and Equinor (EQNR) at 4.44 prices even higher, above its industry range.

EQNR

Energy industry group

4.44

EQNR
4.44
Max
4.21
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01

XOM

Energy industry group

2.55

Max
4.21
XOM
2.55
Q3
2.38
Median
1.51
Q1
1.08
Min
0.01
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Equinor (EQNR) vs. ExxonMobil (XOM): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Equinor (EQNR) and ExxonMobil (XOM)
MetricEQNRXOM
P/E Ratio (TTM)8.7117.06
P/S Ratio (TTM)0.821.74
P/B Ratio (MRQ)4.442.55
Free Cash Flow Yield (TTM)32.55%4.19%