Equinor Asa EQNR
Integrated oil Companies · data as of November 13, 2026
Equinor Asa (EQNR) is a energy company listed in the US with a market value of about $107.4B. In the twelve months to September 30, 2026 it had revenue of $120.6B and net income of $11.8B, a net margin of 9.8%.
Its overall Stock Analiz score is 2.6 out of 5 (average). The strongest part is value (4/5); the weakest is future growth (0/5).
Key numbers: a P/E of 9.0, a price to free cash flow of 9.5, 5-year revenue growth of 18% a year, a 5-year average ROIC of 45%. A discounted cash flow model with moderate assumptions puts its intrinsic value about 23% above the current price.
Score: 2.6 / 5
Checks passed
- P/E below 25
- P/E below the industry median
- P/FCF below 20
- Price below intrinsic value (DCF, moderate assumptions)
- 5-year revenue growth above 8% a year
- 5-year average ROIC above 12%
- Profitable 5 years in a row
- Positive free cash flow
Checks not passed
- PEG below 1.5
- Revenue growth above 10% last year
- 3-year revenue growth above 10% a year
- Profit margin improving
- 3-year free cash flow growth above 10% a year
- Strong R&D investment or growth above 20%
- 5-year EPS growth above 10% a year
- ROE above 15%
Valuation
Growth and quality
Financials, last 10 years
| Fiscal year | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $120.6B | $106.5B | $103.8B | $107.2B | $150.8B | $90.9B | $45.8B | $64.4B | $79.6B | $61.2B | $45.9B |
| Net income | $11.8B | $5.0B | $8.8B | $11.9B | $28.7B | $8.6B | -$5.5B | $1.8B | $7.5B | $4.6B | -$2.9B |
| Free cash flow | $11.3B | $6.0B | $7.3B | $18.7B | $26.4B | $20.8B | $1.9B | $3.5B | $8.3B | $4.0B | -$3.4B |
| EPS (diluted) | $4.80 | $2.02 | $3.52 | $4.75 | $11.50 | $3.42 | $-2.20 | $0.74 | $3.01 | $1.84 | $-1.17 |
| Net margin | 9.8% | 4.7% | 8.5% | 11.1% | 19.1% | 9.4% | -12.0% | 2.9% | 9.5% | 7.5% | -6.4% |
| ROIC | — | 30.1% | 38.2% | 38.6% | 77.2% | 39.9% | -4.2% | 11.3% | 23.5% | 16.2% | 0.1% |
From the company’s 10-K and 10-Q filings with the SEC. TTM = trailing twelve months.
What analysts expect
The average 12-month price target from 7 analysts is $40.93, 5% below the current price; targets range from $33.00 to $51.00; the consensus rating is “Hold”; expected EPS is $6.05 for the fiscal year ending December 31, 2026.
Frequently asked questions
What is Equinor Asa’s P/E ratio?
About 9.0, based on the last twelve months of diluted earnings per share (forward P/E about 6.8).
Is Equinor Asa stock undervalued?
Our DCF model with moderate assumptions puts its intrinsic value about 23% above the current market value. A model is a range, not a promise; try your own assumptions in the DCF calculator.
Does Equinor Asa pay a dividend?
Yes. The dividend yield is about 3.63%, and it has paid dividends for 10 years in our data.
Is Equinor Asa a good stock to buy?
We do not give buy or sell advice. Equinor Asa scores 2.6 out of 5 on our five checks (value, growth, track record, financial health and shareholder returns); the checks above show why.
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Generated from SEC filings, analyst consensus estimates and market prices, rebuilt every day. Educational information, not investment advice.