EQNR vs SSL vs TTE Stock Comparison

Equinor Asa, Sasol and TotalEnergies SE Prices as of Oct 26, 2026 Peers: Industry group
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EQNR Equinor Asa
$48.11 +14.1% 1M +98.6% 1Y
Market cap
$121.91B
P/E
15.2x
Revenue (TTM)
$114.42B
Div. yield
–
Integrated Oil and Gas Energy
3 wins
SSL Sasol Ltd
$17.42 +24.2% 1M +165.5% 1Y
Market cap
$10.83B
P/E
15.3x
Revenue (TTM)
—
Div. yield
–
Integrated Oil and Gas Energy
2 wins
TTE TotalEnergies SE
$93.79 +3.1% 1M +51.0% 1Y
Market cap
$202.32B
P/E
18.0x
Revenue (TTM)
$115.93B
Div. yield
0.04%
Integrated Oil and Gas Energy
6 wins

Head to Head

11 decided of 12

TotalEnergies SE leads on 6 of the 12 questions below (TotalEnergies SE 6, Equinor Asa 3, Sasol 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionEQNRSSLTTELeader
Larger companyMarket capitalisation $121.91B $10.83B $202.32B TTE
Cheaper on earningsLower P/E, profitable companies only 15.2x 15.3x 18.0x EQNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 8.9x 5.3x 8.1x SSL
Faster revenue growthRevenue growth, trailing twelve months +5.8% — +13.8% TTE
More profitableNet margin, trailing twelve months 7.0% — 9.7% TTE
Better return on capitalReturn on invested capital 47.7% — 22.6% EQNR
Less leveragedLower net debt / EBITDA 0.0x — 0.5x EQNR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.04% –
Better 1-year returnPrice return, last 12 months +98.6% +165.5% +51.0% SSL
Better 5-year returnAnnualised price return, 5 years +13.1%/yr +0.4%/yr +13.2%/yr TTE
Less volatileAnnualised volatility, 1 year 39.0% 54.1% 24.9% TTE
Higher overall scoreMean of the five percentile scores vs peers 67/100 — 71/100 TTE

Percentile Scorecard

EQNRSSLTTE

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisEQNRSSLTTE
Valuation 81 #20 of 99 95 #6 of 99 84 #17 of 99
Growth 56 #43 of 97 – 67 #33 of 97
Profitability 82 #18 of 96 – 79 #21 of 96
Financial Health 57 #44 of 102 52 #50 of 102 53 #49 of 102
Shareholder Returns 59 #32 of 76 – 72 #22 of 76
Overall 67 – 71
  • EQNR ranked among 103 companies in Oil and Gas Upstream
  • SSL ranked among 103 companies in Oil and Gas Upstream
  • TTE ranked among 103 companies in Oil and Gas Upstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodEQNRSSLTTESPY
1 month +14.1%+24.2%+3.1% -0.8%
3 months +25.0%+52.3%+11.4% +3.5%
6 months +26.4%+36.9%+5.7% +7.0%
Year to date +103.6%+167.6%+43.4% +12.2%
1 year +98.6%+165.5%+51.0% +13.0%
3 years +43.2%+32.9%+41.5% +86.3%
3 years, per year +12.7%+9.9%+12.3% +23.1%
5 years +84.8%+2.0%+86.0% +68.6%
5 years, per year +13.1%+0.4%+13.2% +11.0%
10 years +194.6%-37.0%+95.6% +258.0%
10 years, per year +11.4%-4.5%+6.9% +13.6%

Risk

MeasureEQNRSSLTTESPY
Volatility, 1Y 39.0%54.1%24.9% 12.7%
Downside volatility, 1Y 38.4%55.7%24.6% 12.7%
Beta vs S&P 500, 1Y -1.09-0.76-0.33 1.00
Return / volatility, 1Y 2.533.062.05 1.02
Max drawdown, 5Y -47.8%-89.4%-28.4% -25.4%
From 52-week high -1.4%-3.3%0.0% -1.8%
52-week high $48.81$18.02$93.79 $779.14
52-week low $22.41$6.00$60.99 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleEQNRSSLTTE
P/E now vs peer median 15.5xmedian 13.5x 15.3xmedian 13.5x 18.3xmedian 13.5x
P/S now vs peer median 1.1xmedian 2.1x 0.7xmedian 2.1x 1.8xmedian 2.1x
EV/EBITDA now vs peer median 2.7xmedian 5.9x —median 5.9x 3.4xmedian 5.9x
P/FCF now vs peer median 12.6xmedian 11.0x 3.6xmedian 11.0x 6.4xmedian 11.0x
P/B now vs peer median 2.8xmedian 1.5x 1.1xmedian 1.5x 1.6xmedian 1.5x
PEG now vs peer median —median 2.27 —median 2.27 -1.58median 2.27

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsEQNRSSLTTE
Revenue $114.42B – $115.93B
Gross profit – – $115.93B
Operating income $32.53B – $54.64B
Net income $9.05B – $18.10B
Free cash flow $9.58B – $32.15B
R&D $880.00M – $228.00M
EPS (diluted) $3.08 – $4.37
Cash & equivalents $8.06B $2.64B $27.68B
Total debt $105.13B $6.66B $259.58B
Shares (diluted) 2.60B 642.00M 2.57B
Enterprise value $36.36B -$233.82M $82.90B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricEQNRSSLTTE
P/E 15.5x 15.3x 18.3x
P/FCF 12.6x 3.6x 6.4x
P/Operating cash flow 5.2x – 6.3x
P/S 1.1x 0.7x 1.8x
P/B 2.8x 1.1x 1.6x
P/Tangible book 2.8x 1.1x 1.6x
EV/EBITDA 2.7x – 3.4x
EV/EBIT 3.7x – 4.4x
EV/Revenue 1.1x – 2.1x
EV/FCF 12.6x – 7.4x
EV/Operating cash flow 5.2x – 7.2x
PEG (3Y EPS CAGR) – – -1.58

Growth

14 metrics
MetricEQNRSSLTTE
Revenue growth (1Y) 5.8% – 13.8%
Revenue CAGR (3Y) – – -14.9%
Gross profit growth (1Y) – – 13.8%
Gross profit CAGR (3Y) – – 2.8%
Operating income growth (1Y) 7.6% – 13.9%
Operating income CAGR (3Y) – – 0.7%
Net income growth (1Y) 10.0% – 38.7%
Net income CAGR (3Y) – – -3.2%
EPS growth (1Y) 24.1% – 72.0%
EPS CAGR (3Y) – – -11.6%
Operating cash flow growth (1Y) 15.5% – 17.2%
Operating cash flow CAGR (3Y) – – -5.0%
Free cash flow growth (1Y) 39.6% – 19.1%
Free cash flow CAGR (3Y) – – -4.4%

Profitability

14 metrics
MetricEQNRSSLTTE
Gross margin – – 100.0%
EBITDA margin 38.9% – 59.8%
Operating margin 28.4% – 47.1%
Pretax margin 29.0% – 28.9%
Net margin 7.0% – 9.7%
FCF margin 8.4% – 27.7%
Operating cash flow margin 20.2% – 28.5%
Return on equity 20.9% – 8.9%
Return on assets 658.7% – 3.6%
Return on invested capital 47.7% – 22.6%
Return on capital employed – – 25.4%
Asset turnover 83.3x – 0.4x
Cash conversion (OCF / net income) 2.6x – 1.8x
Stock comp / revenue – – –

Financial Health

11 metrics
MetricEQNRSSLTTE
Debt / assets 1,784% 30.1% 20.1%
Debt / equity 0.6x 0.6x 0.5x
Net debt / EBITDA 0.0x – 0.5x
Debt / FCF 2.5x – 2.0x
Liabilities / assets -3,046% 53.3% 58.3%
Equity / assets 3,146% 46.7% 41.7%
Interest coverage – – 23,923,370x
Current ratio 1.2x 1.8x 1.1x
Quick ratio 0.9x 1.2x 0.5x
Cash ratio 0.6x 0.6x 0.3x
Altman Z-score – – –

Shareholder Returns

7 metrics
MetricEQNRSSLTTE
Dividend yield 3.2% – 5.5%
Net buyback yield – – 0.5%
Shareholder yield 3.2% 0.0% 6.1%
Payout ratio (earnings) – – 44.0%
Payout ratio (FCF) – – 24.8%
Dividend growth (1Y) – – 6.1%
Dividend CAGR (3Y) – – 2.3%

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusEQNRSSLTTE
Forward P/E 8.9xFY2026 5.3xFY2027 8.1xFY2026
EPS, next fiscal year $5.41FY2026 $3.26FY2027 $11.64FY2026
EPS growth, next FY +119.0%FY2026 +37.0%FY2027 +68.9%FY2026
EPS growth, the year after -15.7% -24.5% -7.9%
Revenue, next fiscal year $120.69BFY2026 $16.51BFY2027 $203.15BFY2026
Revenue growth, next FY +14.0%FY2026 -2.3%FY2027 +11.4%FY2026
Revenue growth, the year after -1.4% +7.4% +3.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersEQNRSSLTTE
Held by institutions 6.6% 4.7% 46.3%
Institutions holding 409 174 1,002
Change in shares held, QoQ +1.8% -7.6% +3.8%
Institutions buying 230 111 457
Institutions selling 115 45 354
Buyers to sellers 2.00 2.47 1.29

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

EQNRSSLTTE
EQNR 1.00 0.53 0.71
SSL 0.53 1.00 0.52
TTE 0.71 0.52 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, EQNR, SSL and TTE?

TotalEnergies SE (TTE) is the largest by market capitalisation: Equinor Asa (EQNR) $121.91B, Sasol (SSL) $10.83B, TotalEnergies SE (TTE) $202.32B.

Which stock is cheaper, EQNR, SSL and TTE?

Equinor Asa (EQNR) trades on the lowest price-to-earnings ratio (Equinor Asa (EQNR) 15.2x, Sasol (SSL) 15.3x, TotalEnergies SE (TTE) 18.0x). On next year's consensus earnings, Sasol (SSL) is cheapest (Equinor Asa (EQNR) 8.9x, Sasol (SSL) 5.3x, TotalEnergies SE (TTE) 8.1x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

TotalEnergies SE (TTE) grew revenue fastest over the trailing twelve months: Equinor Asa (EQNR) +5.8%, TotalEnergies SE (TTE) +13.8%.

Which company is more profitable?

TotalEnergies SE (TTE) has the highest net margin (Equinor Asa (EQNR) 7.0%, TotalEnergies SE (TTE) 9.7%). On return on invested capital, Equinor Asa (EQNR) leads (Equinor Asa (EQNR) 47.7%, TotalEnergies SE (TTE) 22.6%).

Which stock has performed better?

Over the past year Sasol (SSL) returned the most: Equinor Asa (EQNR) +98.6%, Sasol (SSL) +165.5%, TotalEnergies SE (TTE) +51.0%. Over five years, TotalEnergies SE (TTE) compounded fastest (Equinor Asa (EQNR) +13.1%/yr, Sasol (SSL) +0.4%/yr, TotalEnergies SE (TTE) +13.2%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Equinor Asa (EQNR) 0.00%, Sasol (SSL) 0.00%, TotalEnergies SE (TTE) 0.04%. Equinor Asa (EQNR) and Sasol (SSL) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, TotalEnergies SE (TTE) has been the steadiest (Equinor Asa (EQNR) 39.0%, Sasol (SSL) 54.1%, TotalEnergies SE (TTE) 24.9%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, EQNR, SSL and TTE?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, TotalEnergies SE (TTE) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.