Equinor ASA (STOHF) stock
STOHFOTCPetroleum RefiningFiscal year ends December 31Also trades as EQNR
Financials through Q4 FY2025, quarter ended Dec 31, 2025Score 3/30
$43.75+0.00 (0.00%)
Close on Oct 19, 2026Market cap $109.39BP/E 22.6Yield 3.38%
Equinor ASA operating margin
Operating margin is operating income as a percentage of revenue.
Equinor ASA's operating margin for the twelve months ending Dec 31, 2025 was 23.8%. For fiscal 2025 it was 23.8%, against 29.8% the year before. The highest annual figure on record is 52.3% in fiscal 2022.
Annual operating margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 23.8% | −6.0 |
| FY2024 | Dec 31, 2024 | 29.8% | −3.6 |
| FY2023 | Dec 31, 2023 | 33.4% | −18.9 |
| FY2022 | Dec 31, 2022 | 52.3% | +15.2 |
| FY2021 | Dec 31, 2021 | 37.0% | +44.5 |
| FY2020 | Dec 31, 2020 | -7.5% | −21.9 |
| FY2019 | Dec 31, 2019 | 14.4% | −10.9 |
| FY2018 | Dec 31, 2018 | 25.3% | +2.8 |
| FY2017 | Dec 31, 2017 | 22.5% | +22.3 |
| FY2016 | Dec 31, 2016 | 0.2% | −2.1 |
| FY2015 | Dec 31, 2015 | 2.3% | – |
Quarterly operating margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q4 FY2025 | Dec 31, 2025 | 21.6% | −5.5 |
| Q3 FY2025 | Sep 30, 2025 | 20.2% | −28.4 |
| Q2 FY2025 | Jun 30, 2025 | 22.8% | −27.8 |
| Q4 FY2024 | Dec 31, 2024 | 31.6% | +1.2 |
| Q3 FY2024 | Sep 30, 2024 | 27.1% | −2.5 |
| Q2 FY2022 | Jun 30, 2022 | 48.6% | +54.8 |
| Q1 FY2022 | Mar 31, 2022 | 50.5% | +50.2 |
| Q2 FY2021 | Jun 30, 2021 | 30.3% | +9.7 |
| Q1 FY2021 | Mar 31, 2021 | 29.7% | +1.0 |
| Q2 FY2020 | Jun 30, 2020 | -6.2% | −27.4 |
| Q1 FY2020 | Mar 31, 2020 | 0.4% | −24.6 |
| Q2 FY2019 | Jun 30, 2019 | 20.6% | −1.1 |
| Q1 FY2019 | Mar 31, 2019 | 28.7% | – |
| Q2 FY2018 | Jun 30, 2018 | 21.1% | – |
| Q1 FY2018 | Mar 31, 2018 | 24.9% | – |
| Q2 FY2017 | Jun 30, 2017 | 21.7% | – |