Equinor Asa (EQNR) EBIT Margin (2009 - 2026)
Equinor Asa (EQNR) posted EBIT Margin of 36.02% for Q3 2026, up 15.79 percentage points from 20.23% a year earlier but down 0.92 percentage points from the prior quarter.
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Analysis
Equinor Asa (EQNR) EBIT Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Sep 30, 2026, EBIT Margin at Equinor Asa was 32.26%, up 5.97 percentage points year-over-year; for FY2025, it was 23.81%, down 5.99 percentage points from FY2024.
- Annual EBIT Margin has declined for three consecutive years, though with a five-year change of +31.28 percentage points (FY2020 to FY2025).
- In prior years, Equinor Asa's EBIT Margin was 29.80% in FY2024 (-3.57 pp), 33.38% in FY2023 (-18.88 pp), 52.26% in FY2022 (+15.24 pp) and 37.02% in FY2021 (+44.49 pp).
- Quarterly EBIT Margin has run from a low of 20.23% in Q3 2025 to a high of 49.11% in Q1 2022 over five years.
- On a year-over-year basis, EBIT Margin has increased in each of the last three quarters, with an average year-over-year change of +1.07 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBIT Margin in the past five years was Q1 2022, with a gain of 19.43 percentage points; the weakest was Q4 2025, with a drop of 9.94 percentage points.
- According to Business Quant data, EBIT Margin for the three prior quarters was 36.94% (Q2 2026), 31.55% (Q1 2026) and 21.64% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | 16.94% |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | -28.44% |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | - |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | -7,653,464.41% |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 36.02% |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | 81.91% |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 14.27% |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | 3.43% |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | 7.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 36.02% |
| Jun 30, 2026 | 36.94% |
| Mar 31, 2026 | 31.55% |
| Dec 31, 2025 | 21.64% |
| Sep 30, 2025 | 20.23% |
| Jun 30, 2025 | 22.75% |
| Mar 31, 2025 | 29.66% |
| Dec 31, 2024 | 31.59% |
| Sep 30, 2024 | 27.14% |
| Jun 30, 2024 | 29.98% |
| Mar 31, 2024 | 30.36% |
| Dec 31, 2023 | 30.11% |
| Jun 30, 2022 | 48.64% |
| Mar 31, 2022 | 49.11% |
| Jun 30, 2021 | 30.34% |
| Mar 31, 2021 | 29.68% |
| Dec 31, 2020 | -8.33% |
| Jun 30, 2020 | -6.15% |
| Mar 31, 2020 | 0.38% |
| Dec 31, 2019 | 10.17% |
API Access
Equinor Asa EBIT Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebit-margin&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "EQNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();