profit from every $100 of sales.

Equinor
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay $20.15 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Equinor sold, what it kept, and what it did with the cash.
Sales went from $149 billion in 2022 to $106 billion in 2025, with $5.04 billion of profit last year.
Equinor handed back 80% of the cash it generated last year.
Equinor vs. similar companies
Equinor grows the slowest of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
Equinor | 20.2× · Fair price | ||
Saudi Arabian Oil | 18.3× · Fair price | ||
Exxon Mobil | 24.1× · Fair price | ||
Chevron | 34.9× · Expensive | ||
PetroChina | 14.4× · Cheap |
Compare Equinor with EOG Resources
AI analysis
An AI analyst reads Equinor's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 149,004 | 106,848 | 102,502 | 105,828 | |
| 88,807 | 48,039 | 42,627 | 38,346 | |
| 77,741 | 35,233 | 30,354 | 24,730 | |
| 86,266 | 49,587 | 41,949 | 38,393 | |
| 28,746 | 11,885 | 8,806 | 5,043 | |
| 9.03 | 3.93 | 3.11 | 1.94 | |
| 59.6% | 45.0% | 41.6% | 36.2% | |
| 52.2% | 33.0% | 29.6% | 23.4% | |
| 19.3% | 11.1% | 8.6% | 4.8% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 158,021 | 143,580 | 131,141 | 131,727 |
| Cash | 9,438 | 8,070 | 5,903 | 5,036 |
| Total debt | 32,167 | 31,795 | 30,095 | 31,220 |
| Total liabilities | 104,032 | 95,080 | 88,761 | 91,230 |
| 53,988 | 48,490 | 42,342 | 40,424 | |
| 3,182 | 3,027 | 2,827 | 2,601 | |
| 72.9% | 38.4% | 34.9% | 28.6% | |
| 53.2% | 24.5% | 20.8% | 12.5% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 35,136 | 29,257 | 19,465 | 19,971 | |
| 8,758 | 10,575 | 12,177 | 13,994 | |
| 26,378 | 18,682 | 7,288 | 5,977 | |
| Dividends paid | 5,380 | 10,906 | 8,578 | 4,791 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 20.2×
- 9.0×
- –
- 2.7×
- 1.0×
- 17.0×
- 3.3×
- 5.9%
- 5.0%
- 4.4%
Profitability
- 36.2%
- 23.4%
- 4.8%
- 37.5%
- 29.3%
- 44.8%
- 13.3%
- 3.9%
- 26.7%
- –
Growth
- −10.8%
- −40.1%
- −24.4%
- +20.6%
- −6.5%
Financial health
- 0.7×
- 0.77
- 22.6%
- 31.2×
- 1.27
- 1.12
- 0.75
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $36.50
- Range
- $36.50 – $36.50
- 1 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| May 6, 2026 | 1.48 | 1.01 | +46.5% |
| Feb 4, 2026 | 0.81 | 0.60 | +35.0% |
| Oct 29, 2025 | 0.37 | 0.57 | −35.1% |
| Jul 23, 2025 | 0.64 | 0.66 | −3.0% |
| Apr 30, 2025 | 0.66 | 0.83 | −20.5% |
| Feb 5, 2025 | 0.63 | 0.82 | −23.2% |
| Oct 24, 2024 | 0.79 | 0.74 | +6.8% |
| Jul 24, 2024 | 0.84 | 0.85 | −1.2% |
Paid per share, each year
$0.90 in 2015 → $1.81 in 2025
How safe it looks
95.0% of its profit
Room to growStretchedMore than it earns: 80.2%
News
Equinor Non-GAAP EPS of $1.20 misses by $0.15, revenue of $33.19B misses by $960MSeeking Alpha · Oct 28, 2026Equinor discovers oil near Oseberg field in North SeaSeeking Alpha · Oct 14, 2026Equinor discovers up to 10.3 million boe of gas at Gullfaks South field, shares upSeeking Alpha · Oct 8, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Equinor
Is Equinor a good stock to buy?
A business with weak numbers at a fair price. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Equinor AI analysis
What does Equinor do?
Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments. It is in Oil & Gas Integrated, based in Stavanger, Norway, with 23,545 employees.
Does Equinor pay a dividend?
Yes. At today's price the dividend is 4.4% a year, about 95% of its yearly profit. In 2025 it paid out $4.79 billion in dividends.
Is Equinor stock halal?
Questionable. Equinor sits in a grey zone: its debt is 31% of its market value, between 30% and 33%. How we check
How has Equinor stock done over the past year?
Up 76.0% over the past twelve months, to $42.95. It traded between $22.41 and $48.82 and is 12.0% below its high.
Who are Equinor's competitors?
The largest listed companies in the same industry are Saudi Arabian Oil, Exxon Mobil, Chevron and PetroChina. The peers table on this page compares their profit, growth and price with Equinor's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



