EQNR vs. YPF: Equinor vs. YPF Stock Comparison

November 11, 2026

How do Equinor (EQNR) and YPF (YPF) 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 YPF (YPF) 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 Equinor (EQNR) and YPF (YPF) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.

Company profile comparison for Equinor (EQNR) and YPF (YPF)
Profile Item	EQNR	YPF
Name	Equinor ASA Sponsored ADR	YPF Sociedad Anónima Sponsored ADR
Country/Region	Norway	Argentina
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	99.39 billion USD	15.16 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	June 18, 2001	June 29, 1993
Security Type	ADR	ADR

Price Performance

Cumulative Growth

EQNR

YPF

GSPC

Equinor (EQNR) vs. YPF (YPF), 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

Loading price history…

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

Calendar-Year Returns

Loading price history…

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

Performance Metrics

Price performance metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
Total Return (1Y)	78.03%	4.12%
Total Return (3Y, Annualized)	17.56%	55.92%
Total Return (5Y, Annualized)	17.66%	52.62%

Risk Profile

Drawdown History

EQNR

YPF

GSPC

Equinor (EQNR) vs. YPF (YPF), 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

Loading price history…

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

Risk Metrics

YPF (YPF) has an aggressive beta of 1.38, indicating higher sensitivity to broad-market moves, while Equinor (EQNR) is defensive at 0.18 and tends to be less market-sensitive — they sit on opposite ends of the beta spectrum.

Risk profile metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
Volatility (1Y, Annualized)	40.50%	39.02%
Beta (5Y)	0.18	1.38
Max Drawdown (5Y)	-34.57%	-48.79%
Avg. Volume (3M)	3.77M	1.23M

Risk-Adjusted Performance

Risk-Return Positioning

EQNR and YPF 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 YPF (YPF)
Metric	EQNR	YPF
Sharpe Ratio (1Y)	1.82	-0.00
Sortino Ratio (1Y)	2.76	-0.01

Profitability

ROE (TTM)

Equinor (EQNR) at 27.57% sits in the top ROE quartile, while YPF (YPF) at 17.41% 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%

YPF

Energy industry group

17.41%

Max: 53.85%
Q3: 24.79%
YPF: 17.41%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Equinor (EQNR) vs. YPF (YPF): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Equinor (EQNR) at 9.79% and YPF (YPF) at 9.76% 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%

YPF

Energy industry group

9.76%

Max: 56.92%
Q3: 22.92%
Median: 10.10%
YPF: 9.76%
Q1: 0.07%
Min: -27.38%

Equinor (EQNR) vs. YPF (YPF): 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 YPF (YPF) at 29.16%, 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%

YPF

Energy industry group

29.16%

Max: 71.31%
Q3: 33.75%
YPF: 29.16%
Median: 18.73%
Q1: 6.94%
Min: -24.52%

Equinor (EQNR) vs. YPF (YPF): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
ROE (TTM)	27.57%	17.41%
ROA (TTM)	17.10%	9.92%
Net Margin (TTM)	9.79%	9.76%
Operating Margin (TTM)	37.00%	29.16%
Gross Margin (TTM)	43.18%	38.74%

Growth

Revenue Growth

Both Equinor (EQNR) at 3.24% and YPF (YPF) at -4.39% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

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

EPS Growth

Equinor (EQNR) at -37.62% is around its peer norm for EPS growth, while YPF (YPF) at -135.23% drops into the bottom quartile, signaling weaker earnings momentum.

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

Growth Metrics

Growth metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
Revenue Growth (YoY)	3.24%	-4.39%
Revenue Growth (3Y CAGR)	-10.78%	-0.28%
EPS Growth (YoY)	-37.62%	-135.23%
EPS Growth (3Y CAGR)	-40.11%	--

Financial Strength

Current Ratio (MRQ)

Both Equinor (EQNR) at 1.18 and YPF (YPF) at 1.24 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

YPF

Energy industry group

1.24

Max: 3.64
Q3: 2.21
Median: 1.41
YPF: 1.24
Q1: 0.88
Min: 0.24

Equinor (EQNR) vs. YPF (YPF): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Equinor (EQNR) at 0.66 and YPF (YPF) at 0.79 fund their balance sheets with roughly industry-typical debt-to-equity mixes.

EQNR

Energy industry group

0.66

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

YPF

Energy industry group

0.79

Max: 1.75
Q3: 0.93
YPF: 0.79
Median: 0.54
Q1: 0.30
Min: 0.00

Equinor (EQNR) vs. YPF (YPF): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
Current Ratio (MRQ)	1.18	1.24
Debt / Equity (MRQ)	0.66	0.79
Net Debt / EBITDA	0.12	0.96

Dividends

Dividend Yield (TTM)

YPF (YPF) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Equinor (EQNR) reports a yield of 3.67%, ranking against industry peers normally.

EQNR

Energy industry group

3.67%

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

YPF

Energy industry group

0.00%

Max: 8.57%
Q3: 3.58%
Median: 1.71%
YPF: 0.00%
Q1: 0.00%
Min: 0.00%

Equinor (EQNR) vs. YPF (YPF): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

YPF (YPF) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Equinor (EQNR) reports a payout of 31.54%, ranking against industry peers normally.

EQNR

Energy industry group

31.54%

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

YPF

Energy industry group

0.00%

Max: 133.24%
Q3: 53.31%
Median: 25.24%
YPF: 0.00%
Q1: 0.00%
Min: 0.00%

Equinor (EQNR) vs. YPF (YPF): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
Dividend Yield (TTM)	3.67%	0.00%
Dividend Payout Ratio (TTM)	31.54%	0.00%

Valuation

P/E Ratio (TTM)

YPF (YPF) at 7.12 sits in the cheaper P/E ratio quartile, while Equinor (EQNR) at 8.71 is closer to its industry’s usual earnings multiple — a discount for YPF, though growth and earnings durability still matter.

EQNR

Energy industry group

8.71

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

YPF

Energy industry group

7.12

Max: 39.54
Q3: 21.72
Median: 12.19
Q1: 7.71
YPF: 7.12
Min: 2.99

Equinor (EQNR) vs. YPF (YPF): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

Both Equinor (EQNR) at 0.82 and YPF (YPF) at 0.00 fetch a relatively low price per dollar of sales, landing in the cheaper P/S ratio quartile of their industries.

EQNR

Energy industry group

0.82

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

YPF

Energy industry group

0.00

Max: 5.40
Q3: 2.85
Median: 1.69
Q1: 0.88
YPF: 0.00
Min: 0.00

Equinor (EQNR) vs. YPF (YPF): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

YPF (YPF) at 1.12 sits near its industry’s typical P/B ratio, while Equinor (EQNR) at 4.44 prices above its benchmark range — EQNR looks rich relative to book.

EQNR

Energy industry group

4.44

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

YPF

Energy industry group

1.12

Max: 4.21
Q3: 2.38
Median: 1.51
YPF: 1.12
Q1: 1.08
Min: 0.01

Equinor (EQNR) vs. YPF (YPF): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Equinor (EQNR) and YPF (YPF)
Metric	EQNR	YPF
P/E Ratio (TTM)	8.71	7.12
P/S Ratio (TTM)	0.82	0.00
P/B Ratio (MRQ)	4.44	1.12
Free Cash Flow Yield (TTM)	32.55%	5,553.69%