Equinor Asa (EQNR) EBT Margin (2009 - 2026)
Equinor Asa's (EQNR) quarterly EBT Margin came in at 37.04% in Q2 2026, up 1414.0% on a YoY basis from 2.45% in Q2 2025, and up 5.84% quarter-over-quarter from 35.0% in Q1 2026.
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Equinor Asa (EQNR) EBT Margin (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has reported EBT Margin for 18 consecutive years, with 37.04% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin rose 1414.0% year-over-year to 37.04%; the trailing twelve-month figure through Jun 2026 stood at 29.03% (up 118.0% YoY), and the FY2025 full-year result was 23.71%, down 652.0% from the prior year.
- EBT Margin climbed to 37.04% in Q2 2026 per EQNR's latest filing, from 35.0% in the prior quarter.
- Across five years, EBT Margin topped out at 54.29% in Q2 2022 and bottomed at 17.91% in Q3 2025.
- Historically, EBT Margin has averaged 32.24% across 5 years, with a median of 29.72% in 2025.
- The sharpest annual moves came in 2022 and 2025: EBT Margin surged 2607 bps in 2022, then slumped 1070 bps in 2025.
- Over 5 years, EBT Margin stood at 54.29% in 2022, then plunged by 41 bps to 32.14% in 2023, then dropped by 8 bps to 29.61% in 2024, then decreased by 23 bps to 22.76% in 2025, then soared by 63 bps to 37.04% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 37.04%, 35.0%, and 22.76% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 23.84% |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 16.64% |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -36.75% |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 17.58% |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 37.04% |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 9.55% |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 26.19% |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 17.81% |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 48.54% |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 9.50% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 37.04% |
| Mar 31, 2026 | 35.00% |
| Dec 31, 2025 | 22.76% |
| Sep 30, 2025 | 17.91% |
| Jun 30, 2025 | 22.90% |
| Mar 31, 2025 | 29.72% |
| Dec 31, 2024 | 29.61% |
| Sep 30, 2024 | 28.61% |
| Jun 30, 2024 | 29.49% |
| Mar 31, 2024 | 31.82% |
| Dec 31, 2023 | 32.14% |
| Jun 30, 2022 | 54.29% |
| Mar 31, 2022 | 47.78% |
| Jun 30, 2021 | 28.22% |
| Mar 31, 2021 | 27.98% |
| Dec 31, 2020 | -11.79% |
| Jun 30, 2020 | -9.52% |
| Mar 31, 2020 | 0.54% |
| Dec 31, 2019 | 6.85% |
| Sep 30, 2019 | -0.88% |