Equinor Asa (EQNR) Return on Capital Employed [ROCE] (2009 - 2025)
Equinor Asa's Return on Capital Employed [ROCE] was 71.28% in the year ended Dec 31, 2025, up 41.06 percentage points from 30.22% a year earlier.
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Analysis
Equinor Asa (EQNR) Return on Capital Employed [ROCE] (2009 - 2025) Analysis & Trends
From the year ended Dec 31, 2009 onward, Equinor Asa has reported Return on Capital Employed [ROCE] for 17 years.
- Return on Capital Employed [ROCE] shows a five-year change of +74.61 percentage points (years ended Dec 2020 to Dec 2025).
- The figure for the year ended Dec 31, 2025 marks the highest annual Return on Capital Employed [ROCE] since the year ended Dec 31, 2022.
- Per Business Quant data, Return on Capital Employed [ROCE] in earlier years was 30.22% in the year ended Dec 31, 2024 (-0.86 pp), 31.08% in the year ended Dec 31, 2023 (-41.20 pp), 72.28% in the year ended Dec 31, 2022 (+37.56 pp) and 34.72% in the year ended Dec 31, 2021 (+38.05 pp).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 12.28% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 38.82% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | -29.93% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 39.24% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 5.20% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 28.17% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | -190.97% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 2.07% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2025 | 102.20% |
| Dec 31, 2023 | 43.43% |
| 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% |
| Sep 30, 2017 | 7.24% |
| Jun 30, 2017 | 7.06% |
| Mar 31, 2017 | 3.72% |
| Dec 31, 2016 | 0.09% |
API Access
Equinor Asa Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();