IMO vs EQNR vs SU Stock Comparison

Imperial Oil, Equinor Asa and Suncor Energy Prices as of Oct 26, 2026 Peers: Industry group
IMO Imperial Oil Ltd
$134.49 +9.5% 1M +47.8% 1Y
Market cap
$62.22B
P/E
20.6x
Revenue (TTM)
$37.53B
Div. yield
0.02%
Integrated Oil and Gas Energy
2 wins
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
5 wins
SU Suncor Energy Inc
$79.48 +16.5% 1M +99.5% 1Y
Market cap
$92.80B
P/E
6.8x
Revenue (TTM)
-$3.60B
Div. yield
-0.03%
Integrated Oil and Gas Energy
4 wins

Head to Head

11 decided of 12

Equinor Asa leads on 5 of the 12 questions below (Equinor Asa 5, Suncor Energy 4, Imperial Oil 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionIMOEQNRSULeader
Larger companyMarket capitalisation $62.22B $121.91B $92.80B EQNR
Cheaper on earningsLower P/E, profitable companies only 20.6x 15.2x 6.8x SU
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.3x 8.9x 8.5x SU
Faster revenue growthRevenue growth, trailing twelve months +5.5% +5.8% -108.8% EQNR
More profitableNet margin, trailing twelve months 8.0% 7.0% — IMO
Better return on capitalReturn on invested capital 15.4% 47.7% — EQNR
Less leveragedLower net debt / EBITDA 0.1x 0.0x 0.5x EQNR
Higher dividend yieldTrailing dividend yield 0.02% 0.00% -0.03% –
Better 1-year returnPrice return, last 12 months +47.8% +98.6% +99.5% SU
Better 5-year returnAnnualised price return, 5 years +30.6%/yr +13.1%/yr +28.3%/yr IMO
Less volatileAnnualised volatility, 1 year 28.8% 39.0% 27.5% SU
Higher overall scoreMean of the five percentile scores vs peers 63/100 67/100 64/100 EQNR

Percentile Scorecard

IMOEQNRSU

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

AxisIMOEQNRSU
Valuation 32 #68 of 99 81 #20 of 99 74 #27 of 99
Growth 55 #44 of 97 56 #43 of 97 65 #35 of 97
Profitability 64 #35 of 96 82 #18 of 96 72 #28 of 96
Financial Health 82 #19 of 102 57 #44 of 102 75 #26 of 102
Shareholder Returns 83 #14 of 76 59 #32 of 76 35 #50 of 76
Overall 63 67 64
  • IMO ranked among 103 companies in Oil and Gas Upstream
  • EQNR ranked among 103 companies in Oil and Gas Upstream
  • SU 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

PeriodIMOEQNRSUSPY
1 month +9.5%+14.1%+16.5% -0.8%
3 months +7.0%+25.0%+24.2% +3.5%
6 months +6.8%+26.4%+23.3% +7.0%
Year to date +55.8%+103.6%+79.2% +12.2%
1 year +47.8%+98.6%+99.5% +13.0%
3 years +133.3%+43.2%+144.8% +86.3%
3 years, per year +32.7%+12.7%+34.8% +23.1%
5 years +280.2%+84.8%+247.2% +68.6%
5 years, per year +30.6%+13.1%+28.3% +11.0%
10 years +312.2%+194.6%+169.5% +258.0%
10 years, per year +15.2%+11.4%+10.4% +13.6%

Risk

MeasureIMOEQNRSUSPY
Volatility, 1Y 28.8%39.0%27.5% 12.7%
Downside volatility, 1Y 30.6%38.4%28.2% 12.7%
Beta vs S&P 500, 1Y -0.11-1.09-0.39 1.00
Return / volatility, 1Y 1.662.533.63 1.02
Max drawdown, 5Y -30.1%-47.8%-37.3% -25.4%
From 52-week high -2.8%-1.4%0.0% -1.8%
52-week high $138.33$48.81$79.48 $779.14
52-week low $83.72$22.41$39.51 $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.

MultipleIMOEQNRSU
P/E now vs peer median 21.6xmedian 13.5x 15.5xmedian 13.5x 7.1xmedian 13.5x
P/S now vs peer median 1.7xmedian 2.1x 1.1xmedian 2.1x -26.4xmedian 2.1x
EV/EBITDA now vs peer median 11.3xmedian 5.9x 2.7xmedian 5.9x 11.4xmedian 5.9x
P/FCF now vs peer median 17.9xmedian 11.0x 12.6xmedian 11.0x 4.8xmedian 11.0x
P/B now vs peer median 3.8xmedian 1.5x 2.8xmedian 1.5x 2.0xmedian 1.5x
PEG now vs peer median -4.23median 2.27 —median 2.27 0.19median 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 monthsIMOEQNRSU
Revenue $37.53B $114.42B -$3.60B
Operating income – $32.53B $1.71B
Net income $3.01B $9.05B $8.93B
Free cash flow $3.64B $9.58B $19.78B
R&D $6.51M $880.00M –
EPS (diluted) $6.21 $3.08 $11.22
Cash & equivalents $2.00B $8.06B $5.37B
Total debt $2.81B $105.13B $9.85B
Shares (diluted) 484.90M 2.60B 1.22B
Enterprise value $57.31B $36.36B $78.54B

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
MetricIMOEQNRSU
P/E 21.6x 15.5x 7.1x
P/FCF 17.9x 12.6x 4.8x
P/Operating cash flow 12.5x 5.2x 6.0x
P/S 1.7x 1.1x -26.4x
P/B 3.8x 2.8x 2.0x
P/Tangible book 3.8x 2.8x 2.0x
EV/EBITDA 11.3x 2.7x 11.4x
EV/EBIT 16.7x 3.7x 58.2x
EV/Revenue 1.8x 1.1x -27.6x
EV/FCF 18.1x 12.6x 5.0x
EV/Operating cash flow 12.7x 5.2x 6.3x
PEG (3Y EPS CAGR) -4.23 – 0.19

Growth

14 metrics
MetricIMOEQNRSU
Revenue growth (1Y) 5.5% 5.8% -108.8%
Revenue CAGR (3Y) -2.2% – -27.6%
Gross profit growth (1Y) – – –
Gross profit CAGR (3Y) – – –
Operating income growth (1Y) – 7.6% 18.0%
Operating income CAGR (3Y) – – –
Net income growth (1Y) -10.5% 10.0% 57.7%
Net income CAGR (3Y) -10.9% – 13.8%
EPS growth (1Y) -5.8% 24.1% 55.0%
EPS CAGR (3Y) -5.1% – 36.9%
Operating cash flow growth (1Y) 15.5% 15.5% 9.5%
Operating cash flow CAGR (3Y) 5.0% – 8.9%
Free cash flow growth (1Y) 13.2% 39.6% 5.0%
Free cash flow CAGR (3Y) 5.2% – 17.4%

Profitability

14 metrics
MetricIMOEQNRSU
Gross margin – – –
EBITDA margin 15.6% 38.9% –
Operating margin – 28.4% –
Pretax margin 10.5% 29.0% –
Net margin 8.0% 7.0% –
FCF margin 9.7% 8.4% –
Operating cash flow margin 13.8% 20.2% -438.8%
Return on equity 17.9% 20.9% 29.1%
Return on assets 9.1% 658.7% 14.6%
Return on invested capital 15.4% 47.7% –
Return on capital employed 15.2% – 2.1%
Asset turnover 1.1x 83.3x 0.0x
Cash conversion (OCF / net income) 1.7x 2.6x 1.8x
Stock comp / revenue – – -3.5%

Financial Health

11 metrics
MetricIMOEQNRSU
Debt / assets 8.3% 1,784% 10.4%
Debt / equity 0.2x 0.6x 0.2x
Net debt / EBITDA 0.1x 0.0x 0.5x
Debt / FCF 0.8x 2.5x 0.5x
Liabilities / assets 48.7% -3,046% 49.2%
Equity / assets 51.3% 3,146% 50.8%
Interest coverage 147.4x – –
Current ratio 1.4x 1.2x 1.7x
Quick ratio 1.1x 0.9x 1.0x
Cash ratio 0.3x 0.6x 0.5x
Altman Z-score 4.67 – –

Shareholder Returns

7 metrics
MetricIMOEQNRSU
Dividend yield 2.3% 3.2% 3.0%
Net buyback yield 3.6% – -3.8%
Shareholder yield 5.9% 3.2% -0.8%
Payout ratio (earnings) 36.0% – 31.6%
Payout ratio (FCF) 29.8% – 14.3%
Dividend growth (1Y) 15.1% – -0.7%
Dividend CAGR (3Y) 14.8% – -1.4%

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.

ConsensusIMOEQNRSU
Forward P/E 12.3xFY2026 8.9xFY2026 8.5xFY2026
EPS, next fiscal year $10.94FY2026 $5.41FY2026 $9.31FY2026
EPS growth, next FY +76.2%FY2026 +119.0%FY2026 +177.1%FY2026
EPS growth, the year after +7.4% -15.7% -18.8%
Revenue, next fiscal year $46.57BFY2026 $120.69BFY2026 $45.87BFY2026
Revenue growth, next FY +35.8%FY2026 +14.0%FY2026 +28.8%FY2026
Revenue growth, the year after -9.3% -1.4% -12.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersIMOEQNRSU
Held by institutions 26.7% 6.6% 65.2%
Institutions holding 413 409 752
Change in shares held, QoQ +6.1% +1.8% -5.1%
Institutions buying 185 230 367
Institutions selling 141 115 252
Buyers to sellers 1.31 2.00 1.46

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.

IMOEQNRSU
IMO 1.00 0.63 0.81
EQNR 0.63 1.00 0.72
SU 0.81 0.72 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, IMO, EQNR and SU?

Equinor Asa (EQNR) is the largest by market capitalisation: Imperial Oil (IMO) $62.22B, Equinor Asa (EQNR) $121.91B, Suncor Energy (SU) $92.80B.

Which stock is cheaper, IMO, EQNR and SU?

Suncor Energy (SU) trades on the lowest price-to-earnings ratio (Imperial Oil (IMO) 20.6x, Equinor Asa (EQNR) 15.2x, Suncor Energy (SU) 6.8x). On next year's consensus earnings, Suncor Energy (SU) is cheapest (Imperial Oil (IMO) 12.3x, Equinor Asa (EQNR) 8.9x, Suncor Energy (SU) 8.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Equinor Asa (EQNR) grew revenue fastest over the trailing twelve months: Imperial Oil (IMO) +5.5%, Equinor Asa (EQNR) +5.8%, Suncor Energy (SU) -108.8%.

Which company is more profitable?

Imperial Oil (IMO) has the highest net margin (Imperial Oil (IMO) 8.0%, Equinor Asa (EQNR) 7.0%). On return on invested capital, Equinor Asa (EQNR) leads (Imperial Oil (IMO) 15.4%, Equinor Asa (EQNR) 47.7%).

Which stock has performed better?

Over the past year Suncor Energy (SU) returned the most: Imperial Oil (IMO) +47.8%, Equinor Asa (EQNR) +98.6%, Suncor Energy (SU) +99.5%. Over five years, Imperial Oil (IMO) compounded fastest (Imperial Oil (IMO) +30.6%/yr, Equinor Asa (EQNR) +13.1%/yr, Suncor Energy (SU) +28.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Imperial Oil (IMO) 0.02%, Equinor Asa (EQNR) 0.00%, Suncor Energy (SU) -0.03%. Equinor Asa (EQNR) and Suncor Energy (SU) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Suncor Energy (SU) has been the steadiest (Imperial Oil (IMO) 28.8%, Equinor Asa (EQNR) 39.0%, Suncor Energy (SU) 27.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, IMO, EQNR and SU?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Equinor Asa (EQNR) leads on 5. 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.