Equinor ASA (EQNR) vs Marathon Petroleum (MPC)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Marathon Petroleum (MPC) has outperformed Equinor ASA (EQNR) over the past year, gaining 145.5% versus a gain of 74.3%. Over five years, MPC leads with a +593.6% price change compared with +57.5% for EQNR. Marathon Petroleum is the larger company by market cap ($130.12 billion vs $101.71 billion), about 1.3 times the size, while Equinor ASA is growing revenue faster (+2.6% vs -4.4%).
On valuation, Marathon Petroleum trades at a lower forward P/E (9.0x vs 9.3x for Equinor ASA). Equinor ASA offers the higher dividend yield (3.59% vs 0.86%). Equinor ASA converts more of its revenue into profit, with a net margin of 4.7% versus 3.0%.
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 | MPC |
|---|---|---|
| Share price | $42.93 | $463.34 |
| Market cap | $101.71B | $130.12B |
| 1-day change | +3.17% | +4.77% |
| YTD return | +81.68% | +184.90% |
| 1-year return | +74.30% | +145.53% |
| 5-year return | +57.54% | +593.62% |
| P/E ratio (TTM) | 11.73 | 16.04 |
| Forward P/E | 9.31 | 8.95 |
| EPS (TTM) | $3.66 | $28.88 |
| Dividend yield | 3.59% | 0.86% |
| Annual dividend | $1.54 | $4.00 |
| Revenue (latest FY) | $106.46B | $132.70B |
| Revenue growth (YoY) | +2.59% | -4.44% |
| Net income (latest FY) | $5.04B | $4.05B |
| Gross margin | 48.18% | 9.99% |
| Operating margin | 23.81% | 6.25% |
| Net margin | 4.74% | 3.05% |
| 52-week high | $45.84 | $467.85 |
| 52-week low | $22.26 | $161.93 |
| Distance from 52-week high | -6.35% | -0.96% |
| Analyst consensus | hold | buy |
| Avg. price target upside | -9.55% | -16.79% |
| Average volume | 3.51M | 2.54M |
| Shares outstanding | 2.37B | 280.82M |
| Employees | 23,545 | 18,500 |
| 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
- MPC has outperformed EQNR by 71.2 percentage points over the past year.
- Marathon Petroleum trades at a higher earnings multiple (16.0x vs 11.7x trailing P/E).
- Equinor ASA offers a meaningfully higher dividend yield (3.59% vs 0.86%).
- Equinor ASA grew revenue faster in its latest fiscal year (+2.59% vs -4.44%).
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 Marathon Petroleum
MPC stock →Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company in the United States. The company operates through three segments: Refining & Marketing; Midstream; and Renewable Diesel.
Energy · Integrated oil Companies · 18,500 employees
EQNR vs MPC FAQ
Which is bigger, Equinor ASA or Marathon Petroleum?
Marathon Petroleum (MPC) is larger, with a market capitalization of $130.12B compared with $101.71B for Equinor ASA (EQNR).
Which stock has performed better over the past year, EQNR or MPC?
MPC returned +145.53% over the past 12 months, compared with +74.30% for EQNR (price return, excluding dividends). Past performance does not predict future results.
Which has the lower P/E ratio, EQNR or MPC?
EQNR has the lower trailing P/E at 11.7, versus 16.0 for MPC. A lower P/E is not by itself a sign of a better investment; it can reflect slower expected growth or higher risk.
Which pays a higher dividend, Equinor ASA or Marathon Petroleum?
Equinor ASA has the higher yield at 3.59%, compared with 0.86% for Marathon Petroleum.
Are Equinor ASA and Marathon Petroleum in the same industry?
Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.