EQNRNYSEPetroleum RefiningFiscal year ends December 31Also trades as STOHF
EQUINOR ASA
Financials through Q4 FY2025, quarter ended Dec 31, 2025
$46.15−0.83 (-1.77%)
Close on Oct 19, 2026
- Market cap
- $116.16B
- P/E (TTM)
- 23.8
- Dividend yield
- 3.21%
Equinor Asa statistics
Financials through Dec 31, 2025, price as of Oct 19, 2026, median of Petroleum Refining companies for comparison
Valuation
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Market Cap | $115.39B | $14.80B |
| Enterprise Value | $140.57B | $27.34B |
| PE Ratio | 23.79 | 21.18 |
| PS Ratio | 1.08 | 0.90 |
| PB Ratio | 2.85 | 3.27 |
| P/TBV Ratio | 2.85 | 3.98 |
| P/FCF Ratio | 19.31 | 18.23 |
| P/OCF Ratio | 5.78 | 9.78 |
Enterprise value
| Measure | Equinor Asa | Industry median |
|---|---|---|
| EV / Sales | 1.32 | 1.07 |
| EV / EBITDA | 3.99 | 9.92 |
| EV / EBIT | 5.54 | 16.28 |
| EV / FCF | 23.52 | 22.14 |
Income (trailing twelve months)
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Revenue | $106.46B | $39.58B |
| Gross Profit | $51.30B | $2.79B |
| Operating Income | $25.35B | $935.00M |
| Pretax Income | $25.09B | $4.78B |
| Net Income | $5.04B | $788.85M |
| EBITDA | $35.19B | $2.43B |
| EPS (Diluted) | $1.94 | $5.93 |
Margins
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Gross Margin | 48.2% | 11.9% |
| Operating Margin | 23.8% | 6.39% |
| Pretax Margin | 23.6% | 6.34% |
| Profit Margin | 4.74% | 4.70% |
| EBITDA Margin | 33.1% | 10.6% |
| FCF Margin | 5.61% | 5.61% |
Returns
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Return on Equity (ROE) | 12.2% | 13.9% |
| Return on Assets (ROA) | 3.84% | 3.63% |
| Return on Invested Capital (ROIC) | 19.4% | 15.6% |
Growth
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Revenue Growth (YoY) | 2.59% | 11.1% |
| Net Income Growth (YoY) | -42.7% | 3.34% |
| EPS Growth (YoY) | -37.6% | 10.4% |
| FCF Growth (YoY) | -18.0% | 4.91% |
| Revenue Growth (3Y CAGR) | -11.0% | -8.32% |
| Revenue Growth (5Y CAGR) | 18.4% | 13.2% |
| EPS Growth (3Y CAGR) | -40.1% | -23.4% |
Balance sheet
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Cash & Short-Term Investments | $5.04B | $2.66B |
| Total Debt | $30.15B | $12.33B |
| Net Cash (Debt) | -$25.11B | -$3.48B |
| Net Cash Per Share | -$10.04 | -$12.07 |
| Equity (Book Value) | $40.42B | $28.25B |
| Book Value Per Share | $16.17 | $57.88 |
| Tangible Book Value | $40.42B | $27.06B |
Financial position
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Debt / Equity | 0.75 | 0.63 |
| Debt / EBITDA | 0.86 | 1.90 |
| Debt / FCF | 5.04 | 4.68 |
| Net Debt / EBITDA | 0.71 | 1.44 |
Cash flow (trailing twelve months)
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Operating Cash Flow | $19.97B | $2.35B |
| Capital Expenditures | -$13.99B | -$589.50M |
| Free Cash Flow | $5.98B | $681.30M |
| FCF Per Share | $2.39 | $4.33 |
Efficiency
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Asset Turnover | 0.81 | 0.84 |
| Inventory Turnover | 14.99 | 13.06 |
| Revenue Per Employee | $5.04M | $5.53M |
| Profits Per Employee | $238.71K | $178.37K |
| Employee Count | 21,126 | 9,900 |
Dividends and yields
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Earnings Yield | 4.37% | 4.42% |
| FCF Yield | 5.18% | 5.18% |
| Dividend Yield | 3.21% | 1.63% |
| Buyback Yield | 5.13% | 2.80% |
| Shareholder Yield | 8.33% | 4.49% |
| Dividend Per Share | $1.48 | $3.87 |
| Dividend Growth (YoY) | -47.1% | 5.23% |
| Years of Dividend Growth | 0 | 8 |
| Payout Ratio | 95.0% | 43.8% |
| FCF Payout Ratio | 80.2% | 51.3% |
Shares
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Shares Outstanding | 2,500,270,000 | 280,825,000 |
| Shares Change (YoY) | -7.99% | -1.71% |
| Float | 2,500,270,000 | 241,718,000 |
| Shares Held by Insiders | 0.00% | 0.32% |
| Shares Held by Institutions | 6.82% | 79.7% |
Taxes
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Income Tax | $20.03B | $445.40M |
| Effective Tax Rate | 79.8% | 26.8% |
Scores
| Measure | Equinor Asa | Industry median |
|---|---|---|
| Graham Number | $26.57 | $102.85 |
| Graham Upside | -42.4% | -41.1% |
| Altman Z-Score | 2.20 | 3.17 |
| Piotroski F-Score | 5 | 5 |
Calculated by StockData from Equinor Asa's SEC filings and the latest closing price. Hover a measure to see its formula. The grey column is the median of companies in the same industry group (two-digit SIC code); green or red marks a better or worse value than that median.