Equinor ASA logo
Equinor ASA EQNR
$ 40.77 1.54%
report update icon

Quarterly report 2025-Q4
added 05-06-2026

Equinor ASA Financial Ratios 2025-2011 | EQNR

Brief overview of Equinor ASA's valuation multiples

Current figures are compared with the company's own five-year history for 2021–2025.

The latest available valuation ratios are P/E 21.29x (median 7.48x), EV/EBITDA 5.13x (median 3.65x), P/S 1.01x (median 0.76x). Multiples are on average 49.1% above their own medians. A substantial share of positive expectations may already be priced in.

Earnings yield calculated as 1/P/E is about 4.7%, showing current profit per unit of share price.

Current measures of operating quality are ROE 12.5%, ROA 3.8%, ROCE 25.1%. Return ratios are at workable levels. The business generates positive returns, though efficiency is not exceptional.

Overall assessment

Equinor ASA's profitability supports higher multiples, although much of the quality is already reflected in price.

Annual Financial Ratios Equinor ASA

2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

P/E

21.3 7.5 6.9 3.3 11.8 -11.1 25.4 4.6 -20.6 -1.4 2.9 2.3 1.1 1.1 2.3

P/S

1.0 0.6 0.8 0.6 1.1 1.3 0.7 0.8 0.0 0.1 0.1 0.1 0.1 0.1 0.2

EPS

1.9 3.1 3.9 9.1 2.6 -1.7 0.6 2.3 1.4 -0.9 -1.6 - - - -

EV (Enterprise Value)

194 B 149 B 169 B 191 B 195 B 145 B 120 B 124 B -4.27 B -5.09 B -8.61 B 431 K 367 K 568 M 88.9 M

EBITDA per Share

14.6 14.5 15.3 26.9 10.4 -1.03 2.8 6.3 4.33 K 4.4 34.3 49.8 64.7 66.8 43.5

EV/EBITDA

5.1 3.6 3.6 2.2 5.8 8.0 4.0 5.7 618.1 -1.0 -0.1 0.1 0.1 0.3 0.6

PEG

-0.11 -0.03 -0.03 -0.01 0.0 -0.0 0.0 0.0 -0.0 0.0 0.0 0.0 0.0 0.0 0.0

P/B

2.7 1.6 1.7 1.8 2.6 1.8 1.1 1.4 1.7 - - - - - -

P/CF

5.4 3.4 2.8 2.7 3.5 5.9 3.4 3.1 0.0 2.2 3.5 1.4 1.0 2.8 4.1

ROE %

12.49 20.83 24.54 53.24 21.98 -16.26 4.48 31.22 -0.01 - - - - - -

ROA %

3.84 6.73 8.29 18.19 5.83 -4.41 1.54 11.93 -3.19 -4.37 2.74 5.61 11.27 10.21 5854.90

ROCE %

25.11 32.52 33.31 69.00 31.17 -3.35 9.44 27.94 34.50 2.13 17.61 28.39 45.98 35.45 27066.67

Current Ratio

1.4 1.5 1.5 1.5 1.4 1.4 1.5 1.6 1.6 1.1 1.1 1.3 0.8 1.2 1.1

All numbers in USD currency

Quarterly Financial Ratios Equinor ASA

2025-Q4 2025-Q3 2025-Q2 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

EPS

1.94 -0.08 0.5 3.12 0.83 - - 3.93 - - - - - - - - - 0.6 0.57 - - -0.08 -0.21 - - 0.44 0.51 - - 0.37 0.39 - - 0.44 - - - - - - - - - - - - - - - - - - - - - - - - -

EBITDA per Share

14.6 3.42 3.49 14.5 3.34 - - 15.3 - - - - - - - - - 1.63 1.6 - - -0.14 0.02 - - 1.06 1.42 - - 1.15 1.5 - - 1 - - - - - - - - - - - - - - - - - - - - - - - - -

ROE %

37.97 50.02 50.53 55.77 40.12 34.97 34.97 34.27 9.72 9.72 9.72 9.72 9.72 9.72 9.72 9.72 9.72 7.78 5.81 0.63 0.63 4.43 8.11 10.04 10.04 13.06 13.57 9.78 9.78 2.97 3.02 - - 3.79 - - - - - - - - - - - - - - - - - - - - - - - - -

ROA %

18.71 16.40 16.55 18.10 11.36 11.36 11.36 11.14 2.85 2.85 2.85 2.85 2.85 2.85 2.85 2.85 2.85 2.18 1.84 0.29 0.29 1.69 2.98 3.66 3.66 4.77 4.88 3.48 3.48 1.07 1.11 - - 1.30 - - - - - - - - - - - - - - - - - - - - - - - - -

ROCE %

78.43 86.62 81.39 86.47 59.12 43.57 43.57 43.09 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.78 9.85 8.14 2.97 2.97 7.56 12.08 12.02 12.02 17.18 17.36 12.76 12.76 4.05 5.16 - - 3.56 - - - - - - - - - - - - - - - - - - - - - - - - -

Current Ratio

1.4 1.4 - 1.5 - - - 1.5 - - - - - - - 1.4 - 1.4 1.4 1.4 - 1.4 1.5 1.5 - 1.6 1.6 1.6 - 1.6 1.6 1.6 - 1.5 - 1.5 - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Multiples are an important financial analysis tool for the company Equinor ASA, allowing investors and analysts to quickly assess the company’s value and investment attractiveness based on the ratio of market indicators to the company’s financial performance. Essentially, multiples express how the market values the company relative to its earnings, revenue, equity, or other key metrics.

Advantages of Using Financial Ratios
  • Simplified Data Analysis
    Financial ratios transform large volumes of accounting data into compact and easily interpretable indicators, significantly simplifying the assessment of the company’s condition.
  • Comparability Between Companies
    Multiples standardize financial metrics, enabling objective comparison of companies of different sizes, industries, and market capitalizations.
  • Identification of Trends and Issues
    Regular analysis of ratios helps track the dynamics of financial health, identify strengths and weaknesses of the business, as well as potential risks.
  • Decision Support
    Financial multiples serve as an important tool for investors, creditors, and company management in making investment, credit, and managerial decisions.
  • Accelerated Assessment of Investment Attractiveness
    Ratios allow quick determination of key performance, liquidity, and financial stability indicators, facilitating prompt evaluation of companies’ attractiveness for investments.

Using multiples enables comparison between companies, even if they differ in size or industry, as they standardize financial data into ratios convenient for analysis. This is especially useful for evaluating companies where direct analysis of financial statements may be complex or require in-depth knowledge.

Financial Ratios of other stocks in the Oil gas equipment industry

Issuer Price % 24h Market Cap Country
Archrock Archrock
AROC
$ 34.69 4.05 % $ 6.05 B usaUSA
Dril-Quip Dril-Quip
DRQ
- -3.51 % $ 527 M usaUSA
Adams Resources & Energy Adams Resources & Energy
AE
- - $ 96.3 M usaUSA
Frank's International N.V. Frank's International N.V.
FI
- 7.14 % $ 120 M usaUSA
Seacor Holdings Inc. Seacor Holdings Inc.
CKH
- 0.22 % $ 851 M usaUSA
Cenovus Energy Cenovus Energy
CVE
$ 31.01 1.29 % $ 56.1 B canadaCanada
Cypress Environmental Partners, L.P. Cypress Environmental Partners, L.P.
CELP
- - $ 6.04 M usaUSA
Imperial Oil Limited Imperial Oil Limited
IMO
$ 133.28 0.7 % $ 67 B canadaCanada
FTS International, Inc. FTS International, Inc.
FTSI
- -0.61 % $ 366 M usaUSA
ION Geophysical Corporation ION Geophysical Corporation
IO
- -6.68 % $ 10.4 M usaUSA
ChampionX Corporation ChampionX Corporation
CHX
- - $ 4.92 B usaUSA
Solaris Oilfield Infrastructure Solaris Oilfield Infrastructure
SOI
- -0.88 % $ 498 M usaUSA
PetroChina Company Limited PetroChina Company Limited
PTR
- -0.51 % $ 140 B chinaChina
RigNet, Inc. RigNet, Inc.
RNET
- -2.24 % $ 202 M usaUSA
China Petroleum & Chemical Corporation China Petroleum & Chemical Corporation
SNP
- - $ 550 B chinaChina
TOTAL SE TOTAL SE
TOT
- - $ 128 B franceFrance
Liberty Oilfield Services Liberty Oilfield Services
LBRT
$ 22.01 4.21 % $ 3.56 B usaUSA
Exterran Corporation Exterran Corporation
EXTN
- - $ 153 M usaUSA
Gulf Island Fabrication Gulf Island Fabrication
GIFI
- - $ 186 M usaUSA
Helix Energy Solutions Group Helix Energy Solutions Group
HLX
$ 10.43 3.06 % $ 1.55 B usaUSA
MRC Global MRC Global
MRC
- - - usaUSA
U.S. Silica Holdings U.S. Silica Holdings
SLCA
- -0.06 % $ 1.19 B usaUSA
NexTier Oilfield Solutions NexTier Oilfield Solutions
NEX
- - $ 2.58 B usaUSA
Nine Energy Service Nine Energy Service
NINE
- - $ 17.9 M usaUSA
Profire Energy Profire Energy
PFIE
- - $ 120 M usaUSA
Newpark Resources Newpark Resources
NR
- -4.59 % $ 628 M usaUSA
Superior Drilling Products Superior Drilling Products
SDPI
- - $ 30 M usaUSA
Natural Gas Services Group Natural Gas Services Group
NGS
$ 37.97 4.06 % $ 476 M usaUSA
Baker Hughes Company Baker Hughes Company
BKR
$ 64.82 2.18 % $ 64.3 B usaUSA
Forum Energy Technologies Forum Energy Technologies
FET
$ 85.36 3.53 % $ 1.01 B usaUSA
Matrix Service Company Matrix Service Company
MTRX
$ 11.91 2.14 % $ 331 M usaUSA
North American Construction Group Ltd. North American Construction Group Ltd.
NOA
$ 13.85 2.09 % $ 397 M canadaCanada
Core Laboratories N.V. Core Laboratories N.V.
CLB
$ 12.45 0.48 % $ 577 M niderlandNiderland
ProPetro Holding Corp. ProPetro Holding Corp.
PUMP
$ 12.1 4.85 % $ 1.26 B usaUSA
Recon Technology, Ltd. Recon Technology, Ltd.
RCON
$ 0.03 6.15 % $ 273 K chinaChina
RPC RPC
RES
$ 6.36 1.27 % $ 1.35 B usaUSA
Petróleo Brasileiro S.A. - Petrobras Petróleo Brasileiro S.A. - Petrobras
PBR
$ 17.88 0.03 % $ 580 B brasilBrasil
NOV NOV
NOV
$ 21.14 2.45 % $ 7.86 B usaUSA
Flotek Industries Flotek Industries
FTK
$ 35.83 4.13 % $ 1.21 B usaUSA
Suncor Energy Suncor Energy
SU
$ 65.82 0.6 % $ 80.2 B canadaCanada
Schlumberger Limited Schlumberger Limited
SLB
$ 53.77 3.3 % $ 76.4 B franceFrance
Smart Sand Smart Sand
SND
$ 5.1 3.03 % $ 199 M usaUSA
Tidewater Tidewater
TDW
$ 94.28 3.12 % $ 4.72 B usaUSA
Tenaris S.A. Tenaris S.A.
TS
$ 53.58 1.82 % $ 56.6 B luxembourgLuxembourg
Sasol Limited Sasol Limited
SSL
$ 11.53 3.04 % $ 7.36 B south-africaSouth-africa
Eni S.p.A. Eni S.p.A.
E
$ 55.28 0.89 % $ 167 B italiaItalia
National Energy Services Reunited Corp. National Energy Services Reunited Corp.
NESR
$ 36.31 1.14 % $ 3.57 B usaUSA
Dawson Geophysical Company Dawson Geophysical Company
DWSN
$ 3.2 4.11 % $ 99.3 M usaUSA
Exxon Mobil Corporation Exxon Mobil Corporation
XOM
$ 160.1 0.94 % $ 689 B usaUSA
NCS Multistage Holdings NCS Multistage Holdings
NCSM
$ 51.69 2.43 % $ 134 M usaUSA