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
Follow EQNR
Alert me
Equinor ASA (EQNR) Return on invested capital
Equinor ASA's return on invested capital over the twelve months to 30 September 2026 was 54.5%, up 20.9 percentage points from fiscal 2025 (33.6%). Over the past ten years it has ranged from −4.49% (fiscal 2020) to 140.4% (fiscal 2022); the current reading is higher than 64% of that period. That is above the Oil & Gas Integrated industry median of 12.9% and above the Energy sector median of 5.43%.
Return on invested capital, annual
Embed this chart
Annual newest first
| Period | Return on invested capital | Change (points) |
|---|---|---|
| FY2025 | 33.6% | (11.59) |
| FY2024 | 45.2% | (20.26) |
| FY2023 | 65.5% | (74.94) |
| FY2022 | 140.4% | 77.61 |
| FY2021 | 62.8% | 67.28 |
| FY2020 | −4.49% | (15.35) |
| FY2019 | 10.9% | (13.50) |
| FY2018 | 24.4% | 7.56 |
| FY2017 | 16.8% | 16.70 |
| FY2016 | 0.10% | (1.55) |
Against its own ten years
Return on invested capital against peers
| Company | Return on invested capital |
|---|---|
| EQNR Equinor ASA | 54.5% |
| BP BP p.l.c. compare | 20.4% |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | 15.5% |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | 15.5% |
| SHEL Shell PLC Unsponsored ADR compare | 15.2% |
| CVE Cenovus Energy Inc compare | 14.5% |
| TTE TotalEnergies SE Sponsored ADR compare | 13.5% |
| EC Ecopetrol S.A. compare | 9.16% |
| E Eni SpA compare | 3.67% |
| Oil & Gas Integrated industry median | 12.9% |
| Energy sector median | 5.43% |
| Market median | 0.00% |
What Return on invested capital is
Return on Invested Capital shows how much after-tax operating profit a company earns on the money its lenders and shareholders have put in.
TTM: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) (latest quarter) + Long Term Debt (Total) (latest quarter) + Current Part of Debt (latest quarter) − Cash & Short Term Investments (latest quarter)); Annual: (Operating Income × 0.625) ÷ (Shareholders Equity (Total) + Long Term Debt (Total) + Current Part of Debt − Cash & Short Term Investments)
More on EQNR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Free cash flow
- Operating cash flow
- Gross margin
- Operating 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
- 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