Equinor ASA (EQNR) vs Icahn Enterprises L.P. (IEP)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Equinor ASA (EQNR) has outperformed Icahn Enterprises L.P. (IEP) over the past year, gaining 74.3% versus a loss of 19.8%. Over five years, EQNR leads with a +57.5% price change compared with -87.8% for IEP. Equinor ASA is the larger company by market cap ($102.90 billion vs $4.68 billion), about 22.0 times the size.
On valuation, Icahn Enterprises L.P. trades at a lower forward P/E (8.1x vs 9.1x for Equinor ASA). Icahn Enterprises L.P. offers the higher dividend yield (30.36% vs 3.55%). Equinor ASA converts more of its revenue into profit, with a net margin of 4.7% versus -3.1%.
Summary generated from market data by MetaCap's automated system. Methodology
Relative performance
Percent change in share price from the first common trading day shown; excludes dividends.
Head-to-head
| Metric | EQNR | IEP |
|---|---|---|
| Share price | $43.44 | $6.59 |
| Market cap | $102.90B | $4.68B |
| 1-day change | +1.18% | -0.79% |
| YTD return | +81.68% | -12.05% |
| 1-year return | +74.30% | -19.81% |
| 5-year return | +57.54% | -87.85% |
| P/E ratio (TTM) | 11.87 | — |
| Forward P/E | 9.13 | 8.13 |
| EPS (TTM) | $3.66 | $-0.71 |
| Dividend yield | 3.55% | 30.36% |
| Annual dividend | $1.54 | $2.00 |
| Revenue (latest FY) | $106.46B | $9.66B |
| Revenue growth (YoY) | +2.59% | -3.61% |
| Net income (latest FY) | $5.04B | $-299.00M |
| Gross margin | 48.18% | — |
| Operating margin | 23.81% | — |
| Net margin | 4.74% | -3.10% |
| 52-week high | $45.84 | $9.32 |
| 52-week low | $22.26 | $6.51 |
| Distance from 52-week high | -5.25% | -29.32% |
| Analyst consensus | hold | — |
| Avg. price target upside | -10.60% | — |
| Average volume | 3.51M | 991.66K |
| Shares outstanding | 2.37B | 710.92M |
| Employees | 23,545 | 13,562 |
| Sector | Energy | Energy |
| Industry | Integrated oil Companies | Integrated oil Companies |
Highlighted cells mark the higher value for growth, returns, margins and yield, and the lower value for P/E ratios. Highlighting is a mechanical comparison, not a recommendation.
Key differences
- Equinor ASA is about 22.0 times larger than Icahn Enterprises L.P. by market value ($102.90B vs $4.68B).
- EQNR has outperformed IEP by 94.1 percentage points over the past year.
- Icahn Enterprises L.P. offers a meaningfully higher dividend yield (30.36% vs 3.55%).
- Equinor ASA is more profitable, keeping 4.7 cents of every revenue dollar as net income versus -3.1 cents for Icahn Enterprises L.P..
- Equinor ASA grew revenue faster in its latest fiscal year (+2.59% vs -3.61%).
About Equinor ASA
EQNR stock →Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments.
Energy · Integrated oil Companies · 23,545 employees
About Icahn Enterprises L.P.
IEP stock →Icahn Enterprises L.P., through its subsidiaries engages in the investment, energy, automotive, food packaging, real estate, home fashion and pharma in the United States and internationally. The Investment segment invests its proprietary capital through various private investment funds; and it provides investment advisory, administrative, and back-office services to the investment funds.
Energy · Integrated oil Companies · 13,562 employees
EQNR vs IEP FAQ
Which is bigger, Equinor ASA or Icahn Enterprises L.P.?
Equinor ASA (EQNR) is larger, with a market capitalization of $102.90B compared with $4.68B for Icahn Enterprises L.P. (IEP).
Which stock has performed better over the past year, EQNR or IEP?
EQNR returned +74.30% over the past 12 months, compared with -19.81% for IEP (price return, excluding dividends). Past performance does not predict future results.
Which pays a higher dividend, Equinor ASA or Icahn Enterprises L.P.?
Icahn Enterprises L.P. has the higher yield at 30.36%, compared with 3.55% for Equinor ASA.
Are Equinor ASA and Icahn Enterprises L.P. in the same industry?
Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.