Equinor ASA Financial Ratios
NYSE: EQNREnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Equinor ASA ratio analysis
Equinor ASA earned a net margin of 4.7% in FY 2025, down from 8.5% a year earlier. Gross margin was 48.2% compared with a median of 54.1% over the prior 9 years. Return on equity reached 12.5%, meaning Equinor ASA generated 0.12 dollars of profit for every dollar of shareholders' equity.
Debt-to-equity stood at 0.75 versus 0.68 the year before. At the end of FY 2025, EQNR traded at 12.7 times earnings; across the 8 fiscal years shown, its year-end P/E ranged from 4.0 to 37.3, with a median of 9.9. Valuation ratios use the closing share price on each fiscal year-end date and diluted shares from the income statement; profitability and leverage ratios use reported annual figures. Current valuation multiples are on the statistics page.
Summary generated from market data by MetaCap's automated system. Methodology
Equinor ASA financial ratios (annual)
| Ratio | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| P/E ratio (at fiscal year end) | 12.65 | 8.10 | 8.05 | 3.97 | 10.01 | — | 37.25 | 9.82 | 15.30 | — |
| Price / sales | 0.60 | 0.69 | 0.89 | 0.75 | 0.94 | 1.17 | 1.06 | 0.93 | 1.14 | 1.27 |
| Price / book | 1.57 | 1.68 | 1.97 | 2.11 | 2.19 | 1.58 | 1.66 | 1.73 | 1.76 | 1.66 |
| Gross margin | 48.2% | 51.8% | 55.0% | 64.3% | 61.3% | 54.2% | 54.1% | 51.6% | 53.9% | 53.1% |
| Operating margin | 23.8% | 29.8% | 33.4% | 52.3% | 37.0% | -7.5% | 14.4% | 25.3% | 22.5% | 0.2% |
| Net margin | 4.7% | 8.5% | 11.1% | 19.1% | 9.4% | -12.0% | 2.9% | 9.5% | 7.5% | -6.4% |
| Free cash flow margin | 5.6% | 7.0% | 17.4% | 17.5% | 22.8% | 4.2% | 5.5% | 10.5% | 6.6% | -7.4% |
| Return on equity (ROE) | 12.5% | 20.8% | 24.5% | 53.2% | 22.0% | -16.3% | 4.5% | 17.5% | 11.5% | -8.3% |
| Return on assets (ROA) | 3.8% | 6.7% | 8.3% | 18.2% | 5.8% | -4.4% | 1.5% | 6.7% | 4.1% | -2.8% |
| Debt / equity | 0.75 | 0.68 | 0.63 | 0.58 | 0.84 | 1.05 | 0.65 | 0.63 | 0.78 | 0.98 |
| Current ratio | — | — | 1.71 | 1.77 | 1.59 | 1.58 | 1.27 | 1.57 | 1.36 | 1.48 |
| Revenue growth | 2.6% | -3.2% | -28.9% | 65.9% | 98.4% | -28.8% | -19.1% | 30.1% | 33.4% | -23.1% |
| EPS growth | -37.6% | -20.9% | -56.5% | 243.3% | — | -407.3% | -75.8% | 62.1% | — | — |