Full history for every metric is available with a Kvantra account
Key financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | $bn | 50 | 86 | 148 | 112 | 97 | 109 | 114 | 125 |
| Operating profit | $bn | 27.4 | 33.8 | ||||||
| Net profit | $bn | -6.0 | 8.4 | 28.6 | 12.4 | 8.3 | 5.2 | 9.1 | 14.0 |
| EPS reported | $ | 2.00 | 3.67 | ||||||
| Operating cashflow per share | $ | 7.93 | 9.47 | ||||||
| Capex per share | $ | 5.56 | 5.59 | ||||||
| FCF per share | $ | 2.37 | 3.89 | ||||||
| Free cash flow | $bn | 6.15 | 9.45 | ||||||
| Net debt | $bn | 8.48 | 4.68 | ||||||
| Book value equity | $bn | 40.4 | 43.1 | ||||||
| Book value per share | $ | 15.54 | 17.66 | ||||||
| Number of shares | m | 2,601 | 2,439 | ||||||
| DPS (TTM paid) | $ | 1.81 | 1.52 |
Financial summary
Financials in USD| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | 11.75 | 11.36 | ||||||
| P/B LTM | x | 1.51 | 2.38 | ||||||
| P/S LTM | x | 0.56 | 0.90 | ||||||
| P/FCF LTM | x | 9.90 | 10.84 | ||||||
| EV/EBITDA LTM | x | 2.33 | 2.38 | ||||||
| EV/Sales LTM | x | 0.80 | 0.94 | ||||||
| Earnings Yield LTM | % | 8.51% | 8.80% | ||||||
| FCF Yield | % | 10.10% | 9.23% | ||||||
| Quality | |||||||||
| ROE | % | 12.84% | 21.61% | ||||||
| ROIC | % | 5.19% | 8.32% | ||||||
| Operating margin | % | 25.13% | 29.65% | ||||||
| Gross margin | % | 26.27% | 35.87% | ||||||
| FCF/Sales | % | 5.65% | 8.28% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | -31.97% | +21.93% | ||||||
| Sales Growth YoY | % | +12.53% | +5.24% | ||||||
| Net Income Growth YoY | % | -37.58% | +8.05% | ||||||
| FCF Growth | % | -22.44% | +20.72% | ||||||
| Operating Profit Growth | % | -1.01% | +12.51% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 8.10% | 3.55% | ||||||
| Dividend Growth | % | -39.58% | -28.80% | ||||||
| Payout Ratio | % | 94.80% | 40.33% | ||||||
| FCF/Debt | x | 0.20 | 0.29 | ||||||
| Net Debt/EBITDA | x | 0.70 | 0.54 | ||||||
| EBIT/Net interest | x | 32.90 | 27.40 | ||||||
| Net debt/market cap | % | 13.92% | 4.57% | ||||||
| Net debt/Equity | x | 0.21 | 0.11 | ||||||
| Gross debt/equity | x | 0.77 | 0.75 | ||||||
ETFs that hold Equinor
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| iShares MSCI EAFE Min Vol Factor ETF | EFAV | 4 | 1.50% |
| Hartford Multifactor Developed Markets (ex-US) ETF | RODM | 3 | 0.92% |
| Fidelity International High Quality ETF | FCIQ.TO | 2 | 2.95% |
| Fidelity All-International Equity ETF | FCIN.NE | 6 | 1.29% |
| Cambria Foreign Shareholder Yield ETF | FYLD | 7 | 1.24% |
| Franklin European Quality Dividend UCITS ETF | FLXD.DE | 7 | 3.31% |
| iShares STOXX Europe 600 Oil & Gas UCITS ETF (DE) | EXH1.DE | 8 | 2.92% |
| GMO International Value ETF | GMOI | 10 | 2.31% |
| WisdomTree International Equity Fund | DWM | 10 | 0.88% |
| State Street SPDR MSCI Europe Energy UCITS ETF | SPYN.DE | 6 | 4.42% |
Funds with Equinor among their ten largest holdings, largest fund first.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
Company overview
Equinor ASA, a prominent energy company founded in 1972 and headquartered in Stavanger, Norway, operates globally across the energy sector. Formerly known as Statoil ASA until its name change in May 2018, the company is engaged in the full lifecycle of petroleum and its derivatives—from exploration and production to transportation, refining, and marketing—as well as venturing into various other energy sources. Its extensive operations are structured into several key divisions: Exploration & Production (spanning Norway, international locations, and the USA), Marketing, Midstream & Processing, and Renewables. Equinor plays a significant role in the movement, processing, manufacturing, distribution, and trading of diverse oil and gas commodities, including crude oil, condensates, natural gas liquids, natural gas, and liquefied natural gas. Furthermore, the company participates in the markets for electricity and emission rights. It owns and operates a comprehensive infrastructure comprising refineries, terminals, processing facilities, and power generation plants. Equinor is also dedicated to developing innovative low-carbon solutions for its existing oil and gas activities. Demonstrating a commitment to a sustainable energy future, Equinor actively pursues renewable energy initiatives, such as developing wind power projects, implementing carbon capture and storage (CCS) technologies, and exploring other clean energy solutions. As of December 31, 2021, the company held substantial proved oil and gas reserves totaling 5,356 million barrels of oil equivalent. Equinor also cultivates strategic alliances, notably with Vårgrønn, RWE Renewables, and Hydro REIN.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| iShares MSCI EAFE Min Vol Factor ETF | EFAV | 4 | 1.50% |
| Hartford Multifactor Developed Markets (ex-US) ETF | RODM | 3 | 0.92% |
| Fidelity International High Quality ETF | FCIQ.TO | 2 | 2.95% |
| Fidelity All-International Equity ETF | FCIN.NE | 6 | 1.29% |
| Cambria Foreign Shareholder Yield ETF | FYLD | 7 | 1.24% |
| Franklin European Quality Dividend UCITS ETF | FLXD.DE | 7 | 3.31% |
| iShares STOXX Europe 600 Oil & Gas UCITS ETF (DE) | EXH1.DE | 8 | 2.92% |
| GMO International Value ETF | GMOI | 10 | 2.31% |
| WisdomTree International Equity Fund | DWM | 10 | 0.88% |
| State Street SPDR MSCI Europe Energy UCITS ETF | SPYN.DE | 6 | 4.42% |
Funds with Equinor among their ten largest holdings, largest fund first.
Based on consensus from external analysts. Not Kvantra's opinion.
Equinor ASA, a prominent energy company founded in 1972 and headquartered in Stavanger, Norway, operates globally across the energy sector. Formerly known as Statoil ASA until its name change in May 2018, the company is engaged in the full lifecycle of petroleum and its derivatives—from exploration and production to transportation, refining, and marketing—as well as venturing into various other energy sources. Its extensive operations are structured into several key divisions: Exploration & Production (spanning Norway, international locations, and the USA), Marketing, Midstream & Processing, and Renewables. Equinor plays a significant role in the movement, processing, manufacturing, distribution, and trading of diverse oil and gas commodities, including crude oil, condensates, natural gas liquids, natural gas, and liquefied natural gas. Furthermore, the company participates in the markets for electricity and emission rights. It owns and operates a comprehensive infrastructure comprising refineries, terminals, processing facilities, and power generation plants. Equinor is also dedicated to developing innovative low-carbon solutions for its existing oil and gas activities. Demonstrating a commitment to a sustainable energy future, Equinor actively pursues renewable energy initiatives, such as developing wind power projects, implementing carbon capture and storage (CCS) technologies, and exploring other clean energy solutions. As of December 31, 2021, the company held substantial proved oil and gas reserves totaling 5,356 million barrels of oil equivalent. Equinor also cultivates strategic alliances, notably with Vårgrønn, RWE Renewables, and Hydro REIN.
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