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

Equinor Asa (EQNR) posted Return on Capital Employed of 25.3% for Q1 2026, up 2.98% quarter-over-quarter from 24.57% in Q4 2025, and down 693.0% year-on-year from 4.27% in Q1 2025.

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

Equinor Asa (EQNR) has reported Return on Capital Employed for 16 consecutive years, with 25.3% the latest figure, recorded in Q1 2026.

  • Return on Capital Employed for Q1 2026 came in at 25.3%, down 693.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 25.3% (down 693.0% YoY), and the FY2025 annual result was 25.14%, down 508.0% from the prior year.
  • Return on Capital Employed was 25.3% for Q1 2026 at Equinor Asa, up from 24.57% in the prior quarter.
  • Over five years, Return on Capital Employed peaked at 43.62% in Q4 2023 and troughed at 24.57% in Q4 2025.
  • Average Return on Capital Employed over 3 years is 30.51%, with a median of 28.65% recorded in 2025.
  • The widest YoY moves for Return on Capital Employed: up 693 bps in 2026, down 693 bps in 2026.
  • Over 3 years, Return on Capital Employed stood at 43.62% in 2023, then sank by 44 bps to 24.57% in 2025, then gained by 3 bps to 25.3% in 2026.
  • Per Business Quant data, the three most recent Return on Capital Employed figures were 25.3% in Q1 2026, 24.57% in Q4 2025, and 27.57% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 10.30%
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn -
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 -80.45%
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 18.04%
6 Equinor Asa 77.88 Bn 70.78 Bn - 25.65%
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 12.38%
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 9.71%
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 -4.66%
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 -285.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.65%
Dec 31, 2025 24.91%
Sep 30, 2025 27.90%
Jun 30, 2025 29.74%
Mar 31, 2025 32.24%
Dec 31, 2023 43.79%
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%
Dec 31, 2017 14.95%