Equinor ASA Calculated ROACE — Adjusted by Year

Name: Equinor ASA Calculated ROACE — Adjusted by Year (EQNR)
Creator: Equinor ASA

Calculated ROACE — Adjusted (%) (%)

Equinor ASA Calculated ROACE — Adjusted: 14.5% in FY2025, down 6.1 pts from a year earlier.

Latest, FY2025

14.5%

Period ended Dec 31, 2025

Change on a year earlier

-6.1 pts

20.6% in FY2024

History

8 years

Since FY2018

Sources

Documents cited below

Where the FY2025 figure comes from

“Calculated ROACE based on Adjusted operating income after tax and capital employed adjusted | A/B | 14.5% | 20.6% |”

Source: SEC Form 20-F Note 28/29 ASC 932 (FY2024) ↗

Quoted verbatim from the Calculated ROACE table in Form 20-F (peaked at 55.1% in 2022 and 14.5% in 2025).

Annual history

Hover a value to see the sentence it was read from; calculated values show their formula

Period	Ended	Calculated ROACE — Adjusted (%) (%)	Year on year	Source
FY2025	Dec 31, 2025	14.5%	-6.1 pts	SEC Form 20-F Note 28/29 ASC 932 (FY2024) ↗
FY2024	Dec 31, 2024	20.6%	-4.2 pts	SEC Form 20-F Note 28/29 ASC 932 (FY2024) ↗
FY2023	Dec 31, 2023	24.8%	-30.3 pts	SEC Form 20-F Note 28/29 ASC 932 (FY2022) ↗
FY2022	Dec 31, 2022	55.1%	+32.4 pts	SEC Form 20-F (20F_2024_0001140625-24-00003) ↗
FY2021	Dec 31, 2021	22.7%	+20.9 pts	SEC Form 20-F (20F_2023_0001140625-23-00003) ↗
FY2020	Dec 31, 2020	1.8%	-7.2 pts	SEC Form 20-F (20F_2022_0001140625-22-00004) ↗
FY2019	Dec 31, 2019	9.0%	-3.0 pts	SEC Form 20-F (20F_2022_0001140625-22-00004) ↗
FY2018	Dec 31, 2018	12.0%	–	SEC Form 20-F Note 28/29 ASC 932 (FY2020) ↗

Breakdown

What makes up calculated ROACE — Adjusted

Cite this data

StockData. (2026). Equinor ASA Calculated ROACE — Adjusted (%), annual FY2018–FY2025 [Data set]. Compiled from Equinor ASA SEC filings and investor materials. https://stockdatahq.com/stocks/eqnr/kpis/roace-adjusted-pct

See every metric in the Equinor ASA KPI table. Data updated Nov 1, 2026.