Equinor Asa EQNR
NYSE EQNR
$41.39 -0.17 (-0.41%)
At close: Aug 28, 2026 · 4:00 PM EDT

Equinor Asa (EQNR) Return on Capital Employed (2009 - 2026)

Equinor Asa's (EQNR) quarterly Return on Capital Employed came in at 31.72% in Q2 2026, up 198.0% YoY from 10.64% in Q2 2025, and up 25.35% on a QoQ basis from 25.3% in Q1 2026.

Analysis

Equinor Asa (EQNR) Return on Capital Employed (2009 - 2026) Analysis & Trends

Equinor Asa (EQNR) has 16 years of Return on Capital Employed data on file, last reported at 31.72% in Q2 2026.

  • Quarterly Return on Capital Employed rose 198.0% year-over-year to 31.72% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.72% (up 198.0% YoY) and the FY2025 annual result came in at 25.14%, down 508.0% from the prior year.
  • Return on Capital Employed rose to 31.72% in Q2 2026, from 25.3% in the prior quarter.
  • In the past five years, Return on Capital Employed ranged from a high of 43.43% in Q4 2023 to a low of 24.57% in Q4 2025.
  • A 3-year average of 30.65% and a median of 29.74% in 2025 frame the typical range for Return on Capital Employed.
  • The widest YoY moves for Return on Capital Employed: up 198 bps in 2026, down 693 bps in 2026.
  • Tracing EQNR's Return on Capital Employed over 3 years: stood at 43.43% in 2023, then slumped by 43 bps to 24.57% in 2025, then advanced by 29 bps to 31.72% in 2026.
  • The last three Return on Capital Employed figures came in at 31.72% (Q2 2026), 25.3% (Q1 2026), and 24.57% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 33.86%
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn -29.93%
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 21.77%
4 Eni Spa 166.18 Bn 156.34 Bn - 3.03%
5 Equinor Asa 103.49 Bn 94.23 Bn - 31.72%
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 26.78%
7 Imperial Oil 63.17 Bn 61.11 Bn - 14.89%
8 Cenovus Energy 59.48 Bn 57.00 Bn - 23.03%
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn 16.25%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 31.72%
Mar 31, 2026 25.30%
Dec 31, 2025 24.57%
Sep 30, 2025 27.57%
Jun 30, 2025 29.74%
Mar 31, 2025 32.24%
Dec 31, 2023 43.60%
Jun 30, 2021 8.96%
Mar 31, 2021 3.68%
Dec 31, 2020 0.11%
Jun 30, 2020 0.68%
Mar 31, 2020 4.94%
Dec 31, 2019 9.40%
Sep 30, 2019 14.24%
Jun 30, 2019 18.96%
Mar 31, 2019 20.28%
Dec 31, 2018 20.62%
Sep 30, 2018 19.51%
Jun 30, 2018 15.81%
Mar 31, 2018 15.41%