Equinor Past Earnings Performance

Past criteria checks 2/6

Equinor has been growing earnings at an average annual rate of 41.4%, while the Oil and Gas industry saw earnings growing at 36.3% annually. Revenues have been growing at an average rate of 18.2% per year. Equinor's return on equity is 19.2%, and it has net margins of 9.3%.

Key information

41.4%

Earnings growth rate

42.7%

EPS growth rate

Oil and Gas Industry Growth39.7%
Revenue growth rate18.2%
Return on equity19.2%
Net Margin9.3%
Next Earnings Update24 Jul 2024

Recent past performance updates

Recent updates

We Discuss Whether Equinor ASA's (OB:EQNR) CEO Is Due For A Pay Rise

May 08
We Discuss Whether Equinor ASA's (OB:EQNR) CEO Is Due For A Pay Rise

Equinor ASA Just Recorded A 26% EPS Beat: Here's What Analysts Are Forecasting Next

Apr 27
Equinor ASA Just Recorded A 26% EPS Beat: Here's What Analysts Are Forecasting Next

Is Equinor (OB:EQNR) Using Too Much Debt?

Apr 10
Is Equinor (OB:EQNR) Using Too Much Debt?

Investors Should Be Encouraged By Equinor's (OB:EQNR) Returns On Capital

Mar 19
Investors Should Be Encouraged By Equinor's (OB:EQNR) Returns On Capital

Little Excitement Around Equinor ASA's (OB:EQNR) Earnings

Jan 19
Little Excitement Around Equinor ASA's (OB:EQNR) Earnings

Does Equinor (OB:EQNR) Have A Healthy Balance Sheet?

Dec 14
Does Equinor (OB:EQNR) Have A Healthy Balance Sheet?

Equinor (OB:EQNR) Is Very Good At Capital Allocation

Nov 26
Equinor (OB:EQNR) Is Very Good At Capital Allocation

Calculating The Fair Value Of Equinor ASA (OB:EQNR)

Nov 08
Calculating The Fair Value Of Equinor ASA (OB:EQNR)

Here's Why Equinor (OB:EQNR) Has Caught The Eye Of Investors

Oct 03
Here's Why Equinor (OB:EQNR) Has Caught The Eye Of Investors

Is Equinor (OB:EQNR) Using Too Much Debt?

Sep 12
Is Equinor (OB:EQNR) Using Too Much Debt?

A Look At The Fair Value Of Equinor ASA (OB:EQNR)

Aug 04
A Look At The Fair Value Of Equinor ASA (OB:EQNR)

We Ran A Stock Scan For Earnings Growth And Equinor (OB:EQNR) Passed With Ease

Jun 26
We Ran A Stock Scan For Earnings Growth And Equinor (OB:EQNR) Passed With Ease

These 4 Measures Indicate That Equinor (OB:EQNR) Is Using Debt Reasonably Well

Jun 08
These 4 Measures Indicate That Equinor (OB:EQNR) Is Using Debt Reasonably Well

Equinor ASA (OB:EQNR) Shares Could Be 32% Above Their Intrinsic Value Estimate

May 03
Equinor ASA (OB:EQNR) Shares Could Be 32% Above Their Intrinsic Value Estimate

With EPS Growth And More, Equinor (OB:EQNR) Makes An Interesting Case

Mar 11
With EPS Growth And More, Equinor (OB:EQNR) Makes An Interesting Case

Equinor (OB:EQNR) Has A Pretty Healthy Balance Sheet

Feb 24
Equinor (OB:EQNR) Has A Pretty Healthy Balance Sheet

Revenue & Expenses Breakdown

How Equinor makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:EQNR Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 24102,7269,5912,2600
31 Dec 23106,84811,8852,1940
30 Sep 23111,84617,1771,7680
30 Jun 23128,64924,0641,8070
31 Mar 23142,16528,9981,8850
31 Dec 22149,00428,7461,8380
30 Sep 22147,28824,2191,9160
30 Jun 22127,67216,2411,7090
31 Mar 22108,66511,4221,7580
31 Dec 2190,6658,5631,6130
30 Sep 2168,4942,7731,7090
30 Jun 2156,634-7601,5460
31 Mar 2146,817-2,9511,7720
31 Dec 2045,765-5,5101,6830
30 Sep 2048,777-3,3241,9080
30 Jun 2052,231-2,3052,1920
31 Mar 2061,566-5761,9210
01 Jan 2062,9111,8431,8860
30 Sep 1969,7355,4451,9630
30 Jun 1974,0198,2181,9530
31 Mar 1975,1907,9611,9070
31 Dec 1878,5567,5351,8060
30 Sep 1873,9436,7441,6840
30 Jun 1868,4854,5991,8350
31 Mar 1865,2804,8131,8120
31 Dec 1760,9724,5901,8050
30 Sep 1756,557-7751,9440
30 Jun 1755,118-7271,7800
31 Mar 1751,069-2,4671,8700
31 Dec 1645,688-2,9221,9140
30 Sep 1645,803-1,2582,1740
30 Jun 1647,357-1,1752,3030
31 Mar 1652,584-72,5430
31 Dec 1557,901-5,1922,6290
30 Sep 1562,317-5,1092,9790
30 Jun 1568,804-5,4433,2220
31 Mar 1569,625-4,8012,9120
31 Dec 1496,7083,8713,7280
30 Sep 1494,3557,0962,9720
30 Jun 14101,19810,5343,3750
31 Mar 14104,3309,5323,7890
31 Dec 13101,5186,5693,7370
30 Sep 13104,4056,3193,8910
30 Jun 13103,6066,2503,7240

Quality Earnings: EQNR has high quality earnings.

Growing Profit Margin: EQNR's current net profit margins (9.3%) are lower than last year (20.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: EQNR's earnings have grown significantly by 41.4% per year over the past 5 years.

Accelerating Growth: EQNR's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EQNR had negative earnings growth (-66.9%) over the past year, making it difficult to compare to the Oil and Gas industry average (19.5%).


Return on Equity

High ROE: EQNR's Return on Equity (19.2%) is considered low.


Return on Assets


Return on Capital Employed


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