stockrowEquinor 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
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Equinor ASA (EQNR) Operating margin
Equinor ASA's operating margin over the twelve months to 30 September 2026 was 32.3%, up 8.4 percentage points from fiscal 2025 (23.8%). Over the past ten years it has ranged from −7.47% (fiscal 2020) to 52.3% (fiscal 2022); the current reading is higher than 55% of that period. That is above the Oil & Gas Integrated industry median of 17.1% and above the Energy sector median of 15.2%.
Operating margin, annual
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Annual newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| FY2025 | 23.8% | (5.99) |
| FY2024 | 29.8% | (3.58) |
| FY2023 | 33.4% | (18.88) |
| FY2022 | 52.3% | 15.24 |
| FY2021 | 37.0% | 44.49 |
| FY2020 | −7.47% | (21.92) |
| FY2019 | 14.5% | (10.85) |
| FY2018 | 25.3% | 2.79 |
| FY2017 | 22.5% | 22.34 |
| FY2016 | 0.17% | (2.12) |
Quarterly newest first
| Period | Operating margin | Change (points) |
|---|---|---|
| Sep 2026 | 36.0% | (0.92) |
| Jun 2026 | 36.9% | 5.40 |
| Mar 2026 | 31.5% | 9.89 |
| Dec 2025 | 21.7% | 1.42 |
| 43 more quarters | Free account |
Against its own ten years
Operating margin against peers
| Company | Operating margin |
|---|---|
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 34.2% |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 34.2% |
| EQNR Equinor ASA | 32.3% |
| EC Ecopetrol S.A. compare | 27.6% |
| CVE Cenovus Energy Inc compare | 17.1% |
| SHEL Shell PLC Unsponsored ADR compare | 16.7% |
| TTE TotalEnergies SE Sponsored ADR compare | 16.3% |
| BP BP p.l.c. compare | 11.1% |
| E Eni SpA compare | 4.46% |
| Oil & Gas Integrated industry median | 17.1% |
| Energy sector median | 15.2% |
| Market median | 0.00% |
What Operating margin is
EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.
EBIT ÷ Revenue
More on EQNR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement