Equinor ASA
EQNR Energy Oil & Gas Integrated
Equinor ASA’s revenue for fiscal 2025 (year ended December 2025) was $106.5 billion, up 2.59% from fiscal 2024. In the quarter to June 2026, revenue grew 39.9%, EPS grew 298.0%, free cash flow grew 1,548.8% and total debt fell 1.07%, each against the same quarter a year earlier.
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Equinor ASA (EQNR) EV/Sales
As of 16 October 2026, Equinor ASA (EQNR) trades at a EV/Sales of 1.0×. Over the past ten years it has ranged from 0.4× (May 2023) to 1.8× (June 2021); the current reading is higher than 54% of that period. That is below the Oil & Gas Integrated industry median of 1.5× and below the Energy sector median of 2.3×.
EV/Sales, daily
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Annual newest first
| Period | EV/Sales | Change |
|---|---|---|
| FY2025 | 0.6× | (1.50%) |
| FY2024 | 0.6× | (14.04%) |
| FY2023 | 0.8× | 34.36% |
| FY2022 | 0.6× | (36.20%) |
| FY2021 | 0.9× | (40.24%) |
| FY2020 | 1.5× | 20.50% |
| FY2019 | 1.2× | 22.87% |
| FY2018 | 1.0× | (26.97%) |
| FY2017 | 1.4× | (15.85%) |
| FY2016 | 1.6× | 72.47% |
Quarterly newest first
| Period | EV/Sales | Change |
|---|---|---|
| Jun 2026 | 0.7× | (36.36%) |
| Mar 2026 | 1.1× | 65.42% |
| Dec 2025 | 0.6× | 7.93% |
| Sep 2025 | 0.6× | (4.03%) |
| 42 more quarters | Free account |
Against its own ten years
EV/Sales against peers
| Company | EV/Sales |
|---|---|
| BP BP p.l.c. compare | 0.7× |
| EQNR Equinor ASA | 1.0× |
| E Eni SpA compare | 1.1× |
| SHEL Shell PLC Unsponsored ADR compare | 1.1× |
| TTE TotalEnergies SE Sponsored ADR compare | 1.2× |
| CVE Cenovus Energy Inc compare | 1.7× |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 1.9× |
| EC Ecopetrol S.A. compare | 2.0× |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 2.1× |
| Oil & Gas Integrated industry median | 1.5× |
| Energy sector median | 2.3× |
| Market median | 2.1× |
What EV/Sales is
EV/Sales tells an investor how the value of a whole company, counting its debt and cash, compares with the sales it brings in.
((Stock Price × Shares (Basic, Weighted) (latest quarter)) + (Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter)) − Cash & Short Term Investments (latest quarter)) ÷ Revenue (TTM)