Equinor Asa vs Shell: revenue, profit, margins and growth compared
Equinor Asa brought in $106.5B of revenue in fiscal 2025, Shell $266.9B in fiscal 2025. Revenue changed by +2.6% at Equinor Asa and -6.1% at Shell on the year before, so Equinor Asa grew faster. Equinor Asa kept 4.7% of its revenue as net profit, Shell 6.7%.
Fiscal years as each company reports them; the two may end in different months.
Questions about Equinor Asa and Shell
Which is bigger by revenue, Equinor Asa or Shell?
Shell is bigger by revenue: $266.9B in fiscal 2025, against $106.5B for Equinor Asa in fiscal 2025.
Which keeps more of its revenue as profit, Equinor Asa or Shell?
Equinor Asa had a net margin of 4.7% in fiscal 2025; Shell had 6.7% in fiscal 2025.
Which grew revenue faster, Equinor Asa or Shell?
In their latest fiscal years revenue changed by +2.6% at Equinor Asa and -6.1% at Shell.
Where do these numbers come from?
From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.