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.

Revenue
+27.4%
EPS
+1,440.0%
Free cash flow
+60.9%
Total debt
−4.44%

Quarter to September 2026, against a year earlier

42.64 0.16 −0.37%
Market cap
$101.7B
P/E
8.8×
Fwd P/E
8.3×
Dividend yield
3.56%
F-score
5/9
Altman Z
2.43
Beneish M
−2.99
Dividend safety
34/100

Equinor ASA (EQNR) Net margin

Alert me on Net margin

Equinor ASA's net margin over the twelve months to 30 September 2026 was 9.71%, up 5.0 percentage points from fiscal 2025 (4.74%). Over the past ten years it has ranged from −12.0% (fiscal 2020) to 19.1% (fiscal 2022); the current reading is higher than 45% of that period. That is below the Oil & Gas Integrated industry median of 10.2% and above the Energy sector median of 8.44%.

Net margin, annual

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Annual newest first

Period Net margin Change (points)
FY2025 4.74% (3.75)
FY2024 8.49% (2.60)
FY2023 11.1% (7.97)
FY2022 19.1% 9.64
FY2021 9.42% 21.45
FY2020 −12.0% (14.89)
FY2019 2.86% (6.61)
FY2018 9.47% 1.97
FY2017 7.50% 13.87
FY2016 −6.37% 2.34

Quarterly newest first

Period Net margin Change (points)
Sep 2026 7.64% (6.14)
Jun 2026 13.8% 2.62
Mar 2026 11.2% 5.98
Dec 2025 5.18% 5.99
43 more quarters

Against its own ten years

Low −12.0% High 19.1%
Ten-year median 7.50%
Current reading's percentile 77

Net margin against peers

What Net margin is

Net Profit Margin tells an investor how much of each unit of revenue ends up as profit for shareholders after all costs, interest and taxes.

Net Income Allotted to Shareholders ÷ Revenue

The full definition of Net margin →

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