MetaCap

Equinor ASA (EQNR) vs Petroleo Brasileiro S.A. Petrobras (PBR)

Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 8, 2026.

Summary

Petroleo Brasileiro S.A. Petrobras (PBR) has outperformed Equinor ASA (EQNR) over the past year, gaining 95.4% versus a gain of 63.9%. Over five years, PBR leads with a +116.3% price change compared with +52.7% for EQNR. Petroleo Brasileiro S.A. Petrobras is the larger company by market cap ($159.11 billion vs $101.71 billion), about 1.6 times the size, while Equinor ASA is growing revenue faster (+2.6% vs -10.7%).

On valuation, Petroleo Brasileiro S.A. Petrobras trades at a lower forward P/E (6.0x vs 9.3x for Equinor ASA). Petroleo Brasileiro S.A. Petrobras offers the higher dividend yield (14.85% vs 3.59%). Petroleo Brasileiro S.A. Petrobras converts more of its revenue into profit, with a net margin of 8.2% versus 4.7%.

Summary generated from market data by MetaCap's automated system. Methodology

Relative performance

EQNR+63.88%PBR+95.36%
+102%+42%-17%
Oct 7, 20251 yearOct 7, 2026
EQNR+58.03%PBR+121.72%
+129%+53%-22%
Oct 4, 20215 yearsOct 5, 2026

Percent change in share price from the first common trading day shown; excludes dividends.

Head-to-head

EQNR versus PBR key metrics
MetricEQNRPBR
Share price$42.93$24.69
Market cap$101.71B$159.11B
1-day change+3.17%+2.92%
YTD return+76.09%+102.45%
1-year return+63.88%+95.36%
5-year return+52.70%+116.32%
P/E ratio (TTM)11.736.23
Forward P/E9.315.97
EPS (TTM)$3.66$3.96
Dividend yield3.59%14.85%
Annual dividend$1.54$3.67
Revenue (latest FY)$106.46B$91.42B
Revenue growth (YoY)+2.59%-10.73%
Net income (latest FY)$5.04B$7.53B
Gross margin48.18%50.29%
Operating margin23.81%29.40%
Net margin4.74%8.23%
52-week high$45.84$24.85
52-week low$22.26$11.43
Distance from 52-week high-6.35%-0.64%
Analyst consensusholdbuy
Avg. price target upside-9.55%-5.59%
Average volume3.48M20.06M
Shares outstanding2.37B3.72B
Employees23,54543,199
SectorEnergyEnergy
IndustryIntegrated oil CompaniesOil & Gas Production

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

  • PBR has outperformed EQNR by 31.5 percentage points over the past year.
  • Equinor ASA trades at a higher earnings multiple (11.7x vs 6.2x trailing P/E).
  • Petroleo Brasileiro S.A. Petrobras offers a meaningfully higher dividend yield (14.85% vs 3.59%).
  • Equinor ASA grew revenue faster in its latest fiscal year (+2.59% vs -10.73%).

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 Petroleo Brasileiro S.A. Petrobras

PBR stock →

Petróleo Brasileiro S.A. - Petrobras explores, produces, and sells oil and gas in Brazil, China, the United States, the Americas, Asia, Europe, Singapore, and internationally.

Energy · Oil & Gas Production · 43,199 employees

EQNR vs PBR FAQ

Which is bigger, Equinor ASA or Petroleo Brasileiro S.A. Petrobras?

Petroleo Brasileiro S.A. Petrobras (PBR) is larger, with a market capitalization of $159.11B compared with $101.71B for Equinor ASA (EQNR).

Which stock has performed better over the past year, EQNR or PBR?

PBR returned +95.36% over the past 12 months, compared with +63.88% for EQNR (price return, excluding dividends). Past performance does not predict future results.

Which has the lower P/E ratio, EQNR or PBR?

PBR has the lower trailing P/E at 6.2, versus 11.7 for EQNR. 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 Petroleo Brasileiro S.A. Petrobras?

Petroleo Brasileiro S.A. Petrobras has the higher yield at 14.85%, compared with 3.59% for Equinor ASA.

Are Equinor ASA and Petroleo Brasileiro S.A. Petrobras in the same industry?

Both are in the Energy sector, but in different industries: Integrated oil Companies for Equinor ASA and Oil & Gas Production for Petroleo Brasileiro S.A. Petrobras.

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