EQNR
Equinor ASA ADR
NYSE: EQNR · ENERGY · OIL & GAS INTEGRATED
$40.75
+1.70% today
Updated 2026-04-30
Market cap
$94.55B
P/E ratio
19.56
P/S ratio
0.89x
EPS (TTM)
$1.94
Dividend yield
4.11%
52W range
$21 – $43
Volume
8.1M
Equinor ASA ADR (EQNR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $80.93B | $90.75B | $115.47B | $73.52B | $87.12B | $115.16B | $121.01B | $104.85B | $96.23B | $57.64B | $45.69B | $60.97B | $78.77B | $62.91B | $45.75B | $88.74B | $149.00B | $106.85B | $102.50B | $106.16B |
| Revenue growth (YoY) | — | +12.1% | +27.2% | -36.3% | +18.5% | +32.2% | +5.1% | -13.4% | -8.2% | -40.1% | -20.7% | +33.5% | +29.2% | -20.1% | -27.3% | +94.0% | +67.9% | -28.3% | -4.1% | +3.6% |
| Cost of revenue | $52.69B | $62.80B | $79.02B | $52.42B | $62.75B | $79.74B | $86.40B | $79.24B | $75.43B | $50.21B | $43.16B | $47.88B | $59.47B | $42.74B | $36.22B | $46.88B | $60.20B | $58.81B | $59.88B | $77.66B |
| Gross profit | $28.25B | $27.95B | $36.45B | $21.10B | $24.38B | $35.43B | $34.60B | $25.61B | $20.81B | $7.43B | $2.53B | $13.09B | $19.30B | $20.18B | $9.53B | $41.87B | $88.81B | $48.04B | $42.63B | $28.50B |
| Gross margin | 34.9% | 30.8% | 31.6% | 28.7% | 28.0% | 30.8% | 28.6% | 24.4% | 21.6% | 12.9% | 5.5% | 21.5% | 24.5% | 32.1% | 20.8% | 47.2% | 59.6% | 45.0% | 41.6% | 26.8% |
| R&D | $196.21M | $363.37M | $321.55M | $358.04M | $347.18M | $368.79M | $502.93M | $526.86M | $476.00M | $334.48M | $298.00M | $307.00M | $315.00M | $300.00M | $254.00M | $291.00M | $308.00M | $311.00M | $348.00M | — |
| SG&A | $1.00M | $14.17M | $11000.00 | $10.32M | $11.08M | $13.21M | $11000.00 | $9000.00 | $80000.00 | $91000.00 | $9.79M | $9.50B | $758.00M | $809.00M | $706.00M | $780.00M | $986.00M | $1.09B | $1.25B | $1.21B |
| Operating income | $26.56B | $27.42B | $35.93B | $20.44B | $23.49B | $33.07B | $32.70B | $24.05B | $20.01B | $7.04B | $1.77B | $12.36B | $18.54B | $9.30B | $-3.42B | $33.66B | $78.81B | $35.77B | $30.93B | $27.28B |
| Operating margin | 32.8% | 30.2% | 31.1% | 27.8% | 27.0% | 28.7% | 27.0% | 22.9% | 20.8% | 12.2% | 3.9% | 20.3% | 23.5% | 14.8% | -7.5% | 37.9% | 52.9% | 33.5% | 30.2% | 25.7% |
| EBITDA | $32.32B | $31.62B | $40.03B | $26.52B | $30.70B | $48.06B | $46.34B | $35.42B | $31.12B | $12.71B | $11.23B | $23.84B | $29.48B | $23.49B | $11.96B | $44.07B | $86.27B | $49.59B | $41.95B | $36.46B |
| EBITDA margin | 39.9% | 34.8% | 34.7% | 36.1% | 35.2% | 41.7% | 38.3% | 33.8% | 32.3% | 22.1% | 24.6% | 39.1% | 37.4% | 37.3% | 26.1% | 49.7% | 57.9% | 46.4% | 40.9% | 34.3% |
| EBIT | $26.98B | $25.17B | $32.42B | $18.53B | $22.65B | $38.57B | $35.65B | $23.76B | $18.02B | $1.07B | $565.00M | $13.72B | $19.16B | $10.29B | $-3.28B | $32.35B | $79.53B | $39.01B | $32.04B | $26.59B |
| Interest expense | $273.86M | $109.58M | $462.24M | $544.87M | $225.52M | $660.02M | $429.53M | $238.07M | $618.51M | $495.53M | $624.00M | $490.00M | $578.00M | $993.00M | $980.00M | $769.00M | $929.00M | $1.12B | $1.06B | $1.44B |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $6.51B | $8.12B | $6.22B | $3.06B | $6.48B | $13.20B | $12.34B | $6.56B | $2.95B | $-4.27B | $-2.92B | $4.59B | $7.54B | $1.84B | $-5.51B | $8.56B | $28.75B | $11.88B | $8.81B | $5.06B |
| Net income growth (YoY) | — | +24.6% | -23.4% | -50.8% | +111.9% | +103.8% | -6.5% | -46.8% | -55.1% | -244.8% | +31.5% | +257.1% | +64.2% | -75.5% | -399.0% | +255.4% | +235.7% | -58.7% | -25.9% | -42.6% |
| Profit margin | 8.0% | 8.9% | 5.4% | 4.2% | 7.4% | 11.5% | 10.2% | 6.3% | 3.1% | -7.4% | -6.4% | 7.5% | 9.6% | 2.9% | -12.0% | 9.6% | 19.3% | 11.1% | 8.6% | 4.8% |