Equinor ASA (EQNR) Earnings History
Annual and quarterly earnings data from 1998 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 26.8% | 25.7% | 4.8% |
| 2024 | 41.6% | 30.2% | 8.6% |
| 2023 | 45.0% | 33.5% | 11.1% |
| 2022 | 59.6% | 52.9% | 19.3% |
| 2021 | 47.2% | 37.9% | 9.6% |
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Equinor ASA (EQNR) Earnings Overview
As of February 28, 2026, Equinor ASA (EQNR) reported trailing twelve-month net income of $5.04B, reflecting -0.4% year-over-year growth. The company earned $2.00 per diluted share over the past four quarters, with a net profit margin of 0.0%.
Looking at the long-term picture, EQNR's historical earnings data spans multiple years. The company achieved its highest annual net income of $28.75B in fiscal 2022.
Equinor ASA maintains positive profitability with a gross margin of 0.3%, operating margin of 0.3%, and net margin of 0.0%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including SHEL ($17.83B net income, 0.1% margin), TTE ($13.14B net income, 0.1% margin), BP ($60M net income, 0.0% margin), EQNR has room to improve margins relative to the peer group. Compare EQNR vs SHEL →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $5.06B | -42.6% | $27.28B | $1.95 | 4.8% | 25.7% |
| 2024 | $8.81B | -25.9% | $30.93B | $3.11 | 8.6% | 30.2% |
| 2023 | $11.88B | -58.7% | $35.77B | $3.93 | 11.1% | 33.5% |
| 2022 | $28.75B | +235.7% | $78.81B | $9.03 | 19.3% | 52.9% |
| 2021 | $8.56B | +255.4% | $33.66B | $2.63 | 9.6% | 37.9% |
| 2020 | -$5.51B | -399.0% | -$3.42B | $-1.68 | -12.0% | -7.5% |
| 2019 | $1.84B | -75.5% | $9.30B | $0.55 | 2.9% | 14.8% |
| 2018 | $7.54B | +64.2% | $18.54B | $2.27 | 9.6% | 23.5% |
| 2017 | $4.59B | +257.1% | $12.36B | $1.40 | 7.5% | 20.3% |
| 2016 | -$2.92B | +31.5% | $1.77B | $-0.91 | -6.4% | 3.9% |
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Start ComparisonFrequently Asked Questions
Is EQNR growing earnings?
EQNR EPS of $2.00 reflects slowing growth at -0.4%, below the 5-year CAGR of N/A. TTM net income is $5.0B. Expansion rate has moderated.
What are EQNR's profit margins?
Equinor ASA net margin is +0.0%, with operating margin at +0.3%. Below-average margins reflect competitive or cost pressures.
How consistent are EQNR's earnings?
EQNR earnings data spans 1998-2025. The current earnings trend is -0.4% YoY. Historical data enables comparison across business cycles.