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Side-by-side financial comparison of EQUINOR ASA (EQNR) and JBS N.V. (JBS). Click either name above to swap in a different company.

EQUINOR ASA is the larger business by last-quarter revenue ($26.0B vs $22.6B, roughly 1.2× JBS N.V.). JBS N.V. runs the higher net margin — 2.9% vs -0.8%, a 3.6% gap on every dollar of revenue. On growth, JBS N.V. posted the faster year-over-year revenue change (13.4% vs 2.4%).

Equinor ASA is a Norwegian multinational energy company headquartered in Stavanger, Norway. It is primarily a petroleum company operating in 36 countries with additional investments in renewable energy and lithium mining. In the 2020 Forbes Global 2000, Equinor was ranked as the 169th-largest public company in the world. In 2023, the company was ranked 52nd in the same list. As of 2021, the company has 21,126 employees.

JBS N.V. is a Brazilian multinational company that is the largest meat processing enterprise in the world, producing factory processed beef, chicken, salmon, sheep, pork, and also selling by-products from the processing of these meats. It is headquartered in São Paulo. It was founded in 1953 in Anápolis, Goiás.

EQNR vs JBS — Head-to-Head

Bigger by revenue
EQNR
EQNR
1.2× larger
EQNR
$26.0B
$22.6B
JBS
Growing faster (revenue YoY)
JBS
JBS
+11.0% gap
JBS
13.4%
2.4%
EQNR
Higher net margin
JBS
JBS
3.6% more per $
JBS
2.9%
-0.8%
EQNR

Income Statement — Q3 FY2025 vs Q3 FY2025

Metric
EQNR
EQNR
JBS
JBS
Revenue
$26.0B
$22.6B
Net Profit
$-204.0M
$644.1M
Gross Margin
46.6%
13.2%
Operating Margin
20.2%
5.4%
Net Margin
-0.8%
2.9%
Revenue YoY
2.4%
13.4%
Net Profit YoY
-108.9%
-14.9%
EPS (diluted)
$-0.08
$0.52

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
EQNR
EQNR
JBS
JBS
Q3 25
$26.0B
$22.6B
Q2 25
$25.1B
Q3 24
$25.4B
$19.9B
Q2 22
$36.5B
Q1 22
$36.4B
Net Profit
EQNR
EQNR
JBS
JBS
Q3 25
$-204.0M
$644.1M
Q2 25
$1.3B
Q3 24
$2.3B
$756.6M
Q2 22
$6.8B
Q1 22
$4.7B
Gross Margin
EQNR
EQNR
JBS
JBS
Q3 25
46.6%
13.2%
Q2 25
49.3%
Q3 24
48.5%
16.5%
Q2 22
62.0%
Q1 22
62.9%
Operating Margin
EQNR
EQNR
JBS
JBS
Q3 25
20.2%
5.4%
Q2 25
22.8%
Q3 24
27.1%
7.8%
Q2 22
48.6%
Q1 22
50.5%
Net Margin
EQNR
EQNR
JBS
JBS
Q3 25
-0.8%
2.9%
Q2 25
5.2%
Q3 24
9.0%
3.8%
Q2 22
18.5%
Q1 22
13.0%
EPS (diluted)
EQNR
EQNR
JBS
JBS
Q3 25
$-0.08
$0.52
Q2 25
$0.50
Q3 24
$0.82
$0.62
Q2 22
$2.11
Q1 22
$1.46

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EQNR
EQNR
JBS
JBS
Cash + ST InvestmentsLiquidity on hand
$8.1B
$485.5B
Total DebtLower is stronger
$213.0M
Stockholders' EquityBook value
$40.6B
$9.5B
Total Assets
$135.8B
$44.2B
Debt / EquityLower = less leverage
0.02×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EQNR
EQNR
JBS
JBS
Q3 25
$8.1B
$485.5B
Q2 25
Q3 24
$6.2B
$5.1B
Q2 22
$20.6B
Q1 22
Total Debt
EQNR
EQNR
JBS
JBS
Q3 25
$213.0M
Q2 25
Q3 24
Q2 22
Q1 22
Stockholders' Equity
EQNR
EQNR
JBS
JBS
Q3 25
$40.6B
$9.5B
Q2 25
Q3 24
$44.4B
$9.5B
Q2 22
$41.2B
Q1 22
Total Assets
EQNR
EQNR
JBS
JBS
Q3 25
$135.8B
$44.2B
Q2 25
Q3 24
Q2 22
$152.0B
Q1 22
Debt / Equity
EQNR
EQNR
JBS
JBS
Q3 25
0.02×
Q2 25
Q3 24
Q2 22
Q1 22

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EQNR
EQNR
JBS
JBS
Operating Cash FlowLast quarter
$6.3B
$996.4M
Free Cash FlowOCF − Capex
$-264.6M
FCF MarginFCF / Revenue
-1.2%
Capex IntensityCapex / Revenue
5.6%
Cash ConversionOCF / Net Profit
1.55×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EQNR
EQNR
JBS
JBS
Q3 25
$6.3B
$996.4M
Q2 25
$2.5B
Q3 24
$6.5B
Q2 22
$8.5B
Q1 22
$15.8B
Free Cash Flow
EQNR
EQNR
JBS
JBS
Q3 25
$-264.6M
Q2 25
Q3 24
Q2 22
Q1 22
FCF Margin
EQNR
EQNR
JBS
JBS
Q3 25
-1.2%
Q2 25
Q3 24
Q2 22
Q1 22
Capex Intensity
EQNR
EQNR
JBS
JBS
Q3 25
5.6%
Q2 25
Q3 24
Q2 22
Q1 22
Cash Conversion
EQNR
EQNR
JBS
JBS
Q3 25
1.55×
Q2 25
1.88×
Q3 24
2.84×
Q2 22
1.26×
Q1 22
3.35×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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