Equinor ASA (EQNR) vs Valero Energy (VLO)
Head-to-head comparison of performance, valuation, growth, profitability and dividends. Prices delayed 15 minutes; data as of Oct 9, 2026.
Summary
Valero Energy (VLO) has outperformed Equinor ASA (EQNR) over the past year, gaining 173.2% versus a gain of 74.3%. Over five years, VLO leads with a +464.2% price change compared with +57.5% for EQNR. Valero Energy is the larger company by market cap ($127.60 billion vs $103.12 billion), about 1.2 times the size, while Equinor ASA is growing revenue faster (+2.6% vs -5.5%).
On valuation, Equinor ASA trades at a lower forward P/E (9.4x vs 10.3x for Valero Energy). Equinor ASA offers the higher dividend yield (3.54% vs 1.05%). Equinor ASA converts more of its revenue into profit, with a net margin of 4.7% versus 1.9%.
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 | VLO |
|---|---|---|
| Share price | $43.53 | $443.15 |
| Market cap | $103.12B | $127.60B |
| 1-day change | +1.39% | -0.15% |
| YTD return | +81.68% | +172.62% |
| 1-year return | +74.30% | +173.21% |
| 5-year return | +57.54% | +464.20% |
| P/E ratio (TTM) | 11.89 | 18.47 |
| Forward P/E | 9.44 | 10.27 |
| EPS (TTM) | $3.66 | $23.99 |
| Dividend yield | 3.54% | 1.05% |
| Annual dividend | $1.54 | $4.66 |
| Revenue (latest FY) | $106.46B | $122.69B |
| Revenue growth (YoY) | +2.59% | -5.54% |
| Net income (latest FY) | $5.04B | $2.35B |
| Gross margin | 48.18% | 4.43% |
| Operating margin | 23.81% | 2.59% |
| Net margin | 4.74% | 1.91% |
| 52-week high | $45.84 | $446.48 |
| 52-week low | $22.26 | $155.29 |
| Distance from 52-week high | -5.05% | -0.75% |
| Analyst consensus | hold | buy |
| Avg. price target upside | -10.79% | -15.44% |
| Average volume | 3.51M | 3.01M |
| Shares outstanding | 2.37B | 287.93M |
| Employees | 23,545 | 9,785 |
| 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
- VLO has outperformed EQNR by 98.9 percentage points over the past year.
- Valero Energy trades at a higher earnings multiple (18.5x vs 11.9x trailing P/E).
- Equinor ASA offers a meaningfully higher dividend yield (3.54% vs 1.05%).
- Equinor ASA grew revenue faster in its latest fiscal year (+2.59% vs -5.54%).
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 Valero Energy
VLO stock →Valero Energy Corporation manufactures, markets, and sells petroleum-based and low-carbon liquid transportation fuels and petrochemical products in the United States, Canada, the United Kingdom, Ireland, Latin America, Mexico, Peru, and internationally. It operates through three segments: Refining, Renewable Diesel, and Ethanol.
Energy · Integrated oil Companies · 9,785 employees
EQNR vs VLO FAQ
Which is bigger, Equinor ASA or Valero Energy?
Valero Energy (VLO) is larger, with a market capitalization of $127.60B compared with $103.12B for Equinor ASA (EQNR).
Which stock has performed better over the past year, EQNR or VLO?
VLO returned +173.21% 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 VLO?
EQNR has the lower trailing P/E at 11.9, versus 18.5 for VLO. 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 Valero Energy?
Equinor ASA has the higher yield at 3.54%, compared with 1.05% for Valero Energy.
Are Equinor ASA and Valero Energy in the same industry?
Yes. Both are classified in the Integrated oil Companies industry within the Energy sector.