Equinor ASA

Equinor ASA

43.75
USD
+0.71
(+1.65%)
3.63EPS
8.51P/E
73.55BMarket Cap
Oct 28Next Earn

Total Valuation

USD

As of June 30, 2026, Equinor ASA carries a market capitalization of 73.55B, placing it among publicly traded companies globally. Its enterprise value stands at 82.31B, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.

Market Cap73.55B
Enterprise Value82.31B

Important Dates

Equinor ASA's next confirmed earnings release is scheduled for October 28, 2026.

Earnings Date10/28/2026

Share Statistics

As of June 30, 2026, Equinor ASA has 2.38B shares outstanding.

Shares Outstanding2.38B

Valuation Ratios

As of June 30, 2026, Equinor ASA trades at a trailing price-to-earnings ratio of 8.51. The price-to-sales ratio is 0.68, and the price-to-book ratio stands at 1.71.

PE Ratio8.51
PS Ratio0.68
PB Ratio1.71
P/TBV Ratio1.98
P/FCF Ratio3.34
P/OCF Ratio3.33

Enterprise Valuation

As of June 30, 2026, Equinor ASA trades at an EV/EBITDA multiple of 1.85 - the valuation measure that neutralizes differences in capital structure, tax rates, and depreciation policy, making it the standard yardstick for comparing companies across an industry. The EV/Sales ratio of 0.72 reflects the premium investors pay for the company's revenue stream, a useful check when earnings are depressed or negative. Its EV/EBIT multiple of 2.53 values the business against core operating earnings after depreciation, a stricter test than EV/EBITDA for capital-intensive businesses. Equinor ASA trades at an EV/FCF ratio of 3.52, comparing the total takeover cost of the business to the cash it actually generates for all capital providers. These enterprise value multiples are built on an enterprise value of 82.31B versus a market cap of 73.55B, with the gap driven by net debt and cash on the balance sheet.

EV / Sales0.72
EV / EBITDA1.85
EV / EBIT2.53
EV / FCF3.52

Financial Position

As of June 30, 2026, Equinor ASA maintains a current ratio of 1.18, meaning it holds 1.2x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is 75.16, indicating elevated leverage, while an interest coverage ratio of 43.47 demonstrates strong ability to service its debt obligations.

Current Ratio1.18
Quick Ratio1.05
Debt / Equity75.16
Debt / EBITDA0.73
Interest Coverage43.47

Financial Efficiency

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Over the twelve months ended June 30, 2026, Equinor ASA posted a return on equity (ROE) of 21.32, showing how much profit the company earns on every dollar of shareholder capital. Return on invested capital (ROIC) comes in at 9.96 - the clearest signal of whether the business earns more on its capital than that capital costs, and the core measure of a durable competitive advantage. Return on assets (ROA) stands at 6.47, measuring how efficiently the asset base is converted into earnings. Return on capital employed (ROCE) is 12.31, useful for judging operating efficiency across full business cycles. The company generates approximately 4.59M in revenue per employee across its workforce of 24,753.75, a quick read on workforce productivity versus industry peers. Inventory turnover of 20.08 indicates how many times Equinor ASA sells and replaces its inventory over a year, a key working capital efficiency ratio.

Return on Equity (ROE)21.32
Return on Assets (ROA)6.47
Return on Invested Capital (ROIC)9.96
Return on Capital Employed (ROCE)12.31
Revenue Per Employee4.59M
Employee Count24,753.75
Inventory Turnover20.08

Taxes

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Over the twelve months ended June 30, 2026, Equinor ASA recorded 24.16B in income tax expense. That works out to an effective tax rate of 72.75, which can sit above or below the statutory corporate tax rate depending on foreign earnings mix, tax credits, and one-off items. Taxes are levied on pretax income of 33.21B, leaving 9.06B in net income after tax - the gap is what shifts in the tax rate do to reported earnings and EPS.

Income Tax24.16B
Effective Tax Rate72.75

Stock Price Statistics

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As of the close on October 12, 2026, Equinor ASA's stock has gained approximately 88.51% over the past 52 weeks. The 50-day moving average sits at 39.28, while the 200-day moving average is 29.91.

52-Week Price Change88.51%
50-Day Moving Average39.28
200-Day Moving Average29.91

Income Statement

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Over the twelve months ended June 30, 2026, Equinor ASA generated 113.65B in revenue and converted that into 9.06B in net income, yielding earnings per share of 3.63. EBITDA reached 44.52B, while operating income came in at 31.82B.

Revenue113.65B
Gross Profit45.95B
Operating Income31.82B
Pretax Income33.21B
Net Income9.06B
EBITDA44.52B
EBIT32.53B
Earnings Per Share (EPS)3.63

Balance Sheet

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As of June 30, 2026, Equinor ASA holds 23.73B in cash and equivalents against 32.42B in total debt, resulting in a net debt position of 20.34B. Total book value stands at 43.06B, with working capital of 6.81B providing operational flexibility.

Cash & Cash Equivalents23.73B
Total Debt32.42B
Net Debt20.34B
Equity (Book Value)43.06B
Book Value Per Share18.11
Working Capital6.81B

Cash Flow

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Equinor ASA produced 23.14B in operating cash flow over the twelve months ended June 30, 2026.

Operating Cash Flow23.14B
Free Cash Flow23.14B
FCF Per Share9.29

Margins

Over the twelve months ended June 30, 2026, Equinor ASA posted a gross margin of 40.43, reflecting its pricing power and cost economics. The operating margin of 28.00 and net profit margin of 7.97 provide insight into operational efficiency.

Gross Margin40.43
Operating Margin28.00
Pretax Margin29.22
Profit Margin7.97
EBITDA Margin39.17

Dividends & Yields

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Over the twelve months ended June 30, 2026, Equinor ASA paid dividends of 1.50 per share. The dividend payout ratio of 41.43 indicates the proportion of earnings distributed to shareholders, a key gauge of how sustainable the dividend is and how much room remains for future dividend growth. Free cash flow yield stands at 29.96, showing how much cash the business generates relative to its market value - dividends covered by free cash flow are generally more durable than those funded by debt. Total shareholder yield reaches 16.50, combining dividends paid with share buybacks and debt reduction for a fuller picture of capital returned to Equinor ASA shareholders.

Dividend Per Share1.50
Payout Ratio41.43
Shareholder Yield16.50
FCF Yield29.96

Scores

As of June 30, 2026, Equinor ASA has an Altman Z-Score of 2.66, near the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.

Altman Z-Score2.66