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Equinor ASA

Equinor ASA

EQNR.OL
Equinor ASANO flagOslo Stock Exchange
357.20
NOK
+6.70
- -
889.94BMarket Cap
Equinor ASA
EQNR.OL
(Oslo Stock Exchange)

Recent

price

357.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
28.17
33.98
39.44
31.88
30.41
18.21
14.3
18.66
23.62
18.91
14
27.36
46.96
35.37
36.34
40.81
41.01
Revenue per Share
2.04
4.15
3.88
2.06
1.22
-1.63
-0.91
1.4
2.27
0.55
-1.69
2.64
9.06
3.93
3.12
1.94
2.17
Basic EPS, GAAP
0.1
1.45
0.88
-0.62
6.35
4.29
2.76
4.53
5.92
4.13
3.18
8.88
11.07
9.68
6.9
7.7
6.35
Free Cash Flow per Basic Share
1.02
1.05
1.17
1.11
1.73
0.89
0.59
0.46
0.8
1
0.71
0.55
1.7
3.61
3.04
1.85
1.49
Dividend per Share
9.24
11.93
15.7
15.12
11.69
12.53
10.56
10.87
12.02
11.63
9.55
11.67
18.71
19.07
18.95
18.91
20.45
Book Value per Share
10.61
11.17
14.13
14.72
13.49
10.87
8.99
10.4
10.82
9.15
8.57
10.65
15.89
14.55
13.43
13.9
14.82
Tangible Book Value per Share
3,183
3,182
3,182
3,181
3,180
3,179
3,195
3,268
3,326
3,326
3,269
3,244
3,173
3,021
2,821
2,593
2,542
Basic Weighted Avg Shares
89,643
108,129
125,467
101,387
96,708
57,900
45,688
60,971
78,555
62,911
45,753
88,744
149,004
106,848
102,502
105,828
104,259
Sales/Revenue/Turnover
25.35
32.18
28.82
24.65
17.9
1.58
-0.49
21.6
24.68
13.8
-8.5
37.13
52.17
32.97
29.61
23.37
23.66
Operating Margin (%)
8,624
8,611
10,836
11,905
15,925
16,715
11,550
8,644
9,249
13,204
15,235
11,719
6,733
10,581
9,906
12,473
12,692
Depreciation Expense
6,481
13,202
12,341
6,561
3,871
-5,192
-2,922
4,590
7,535
1,843
-5,510
8,563
28,746
11,885
8,806
5,043
5,523
Net Income, GAAP
72.51
63.33
66.38
71.68
78.28
9,500
- -
65.74
60.06
80.08
- -
72.85
63.43
68.58
71.51
79.84
78.67
Effective Tax Rate (%)
7.23
12.21
9.84
6.47
4
-8.97
-6.4
7.53
9.59
2.93
-12.04
9.65
19.29
11.12
8.59
4.77
5.3
Profit Margin (%)
7,995
4,524
3,493
11,806
10,168
12,791
8,598
8,173
9,450
5,220
12,365
23,363
34,362
25,864
17,146
8,161
8,858
Working Capital
16,976
18,697
18,090
27,213
27,586
29,965
27,999
24,183
23,264
24,945
32,338
29,853
26,550
24,520
21,622
25,984
24,936
LT Debt
38,511
47,782
57,297
58,537
51,272
40,307
35,099
39,885
42,990
41,159
33,892
39,024
53,989
48,500
42,380
40,497
43,642
Total Equity
9.99
17.68
14.41
7.57
4.07
-105.48
- -
6.39
10.64
2.35
- -
11.08
29.58
11.27
9.86
6.02
5.88
Return on Invested Capital (%)
14.09
24.41
18.7
8.99
5.44
-72.83
- -
7.35
11.99
3.05
- -
12.21
35.12
13.5
10.5
6.34
6.75
Return on Capital (%)
23.16
39.2
28.08
13.38
9.08
-13.48
-7.94
13.26
19.96
4.69
-15.77
24.8
59.13
20.32
15.86
9.84
10.27
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
5,883
5,236
6,921
LT Borrowings
22,903
23,763
22,162
LT Finance Leases
2,168
2,221
2,774
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
2,517
2,500
2,492
Market Capitalization
65,641
61,705
110,278

Working Capital

FRC

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
52,152
38,941
45,906
Cash, Cash Equivalents & STI
22,390
19,333
20,096
Accounts Receivable, Net
10,366
10,237
12,882
Inventories
3,736
3,330
4,239
Total Current Liabilities
35,207
30,780
37,048
Payables & Accruals
24,020
23,425
25,365
ST Debt
5,883
5,236
6,921
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.28%
5.25%
-4.44%
Free Cash Flow
16.27%
30.36%
2.6%
Net Income, GAAP
-85.82%
-29.4%
-42.73%
Sales/Revenue/Turnover
12.68%
26.55%
3.24%
Total Cash Common Dividend
23.33%
42.74%
-44.15%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
25,089
25,462
25,416
26,535
102,502
2025
29,384
25,130
26,017
25,297
105,828
2026
27,815
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.91
0.65
0.83
0.73
3.12
2025
0.97
0.5
- -
0.52
1.94
2026
1.24
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.9
0.73
0.7
0.7
3.04
2025
0.7
0.39
- -
0.37
1.85
2026
0.37
- -
- -
- -
- -
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Business
Equinor ASA, a Norwegian multinational energy company, explores, produces, transports, refines and markets petroleum products, natural gas, liquefied natural gas and renewable energy; core offerings include crude oil and natural gas liquids from the Norwegian Continental Shelf and international assets, offshore wind projects such as Empire Wind and Dogger Bank, solar facilities in Europe and Latin America, and low-carbon solutions encompassing carbon capture and storage via Northern Lights, hydrogen production and battery storage; operations span 36 countries with key segments in Exploration & Production Norway, Exploration & Production International including the US, Brazil and UK, Marketing Midstream & Processing, Renewables and low-carbon technologies targeting utilities, industrial users, governments and global energy markets. Founded in 1972 and headquartered in Stavanger, Norway, where the Norwegian government holds a 67% stake managed by the Ministry of Petroleum and Energy, with international operations led from Fornebu near Oslo. Recent developments include a final investment decision with Shell and TotalEnergies for NOK 7.5 billion phase two expansion of Northern Lights CCS increasing capacity to over 5 million tonnes of CO2 annually; approval of USD 1.29 billion Johan Sverdrup field phase three boosting reserves by 40-50 million barrels of oil equivalent; a 50-50 joint venture with Shell forming the UK's largest independent oil and gas producer incorporating assets like Mariner, Rosebank and Buzzard; acquisition of a USD 2.5 billion stake in Orsted enhancing offshore wind capacity toward 12-16 GW by 2030; partnership with Standard Lithium securing a 45% interest in Arkansas lithium projects and USD 225 million US DOE grant; US asset swaps with EQT strengthening Northern Marcellus gas position; and full ownership of Empire Wind 1 via bp swap with financial close on over USD 3 billion funding.