Equinor Asa (EQNR) Return on Equity [ROE] (2009 - 2026)
Equinor Asa (EQNR) reported Return on Equity [ROE] of 26.83% for Q3 2026, up 12.90 percentage points from 13.93% a year earlier and up 5.93 percentage points from the prior quarter.
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Analysis
Equinor Asa (EQNR) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For FY2025, Equinor Asa posted Return on Equity [ROE] of 12.22%, down 7.22 percentage points from FY2024.
- Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +26.87 percentage points (FY2020 to FY2025).
- By year, Return on Equity [ROE] came in at 19.44% in FY2024 (-3.79 pp), 23.23% in FY2023 (-38.58 pp), 61.82% in FY2022 (+38.29 pp) and 23.53% in FY2021 (+38.17 pp).
- The Q3 2026 figure ranks as the highest quarterly Return on Equity [ROE] since Q4 2023.
- Per Business Quant data, the three quarters before Q3 2026 came in at 20.89% (Q2 2026), 13.17% (Q1 2026) and 12.49% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 670.95 Bn | 635.82 Bn | 47.44 Bn | 15.59% |
| 2 | Shell | 553.51 Bn | 414.86 Bn | - | 8.83% |
| 3 | Chevron | 415.12 Bn | 387.81 Bn | 31.26 Bn | 13.85% |
| 4 | TotalEnergies SE | 193.87 Bn | 69.22 Bn | 31.61 Bn | 14.76% |
| 5 | Eni Spa | 173.39 Bn | 116.57 Bn | - | 14.72% |
| 6 | Conocophillips | 160.35 Bn | 129.38 Bn | 12.63 Bn | 17.60% |
| 7 | Equinor Asa | 101.69 Bn | 14.62 Bn | 4.49 Bn | 26.83% |
| 8 | Canadian Natural Resources | 100.42 Bn | 94.32 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 97.80 Bn | 82.75 Bn | 10.69 Bn | 37.13% |
| 10 | Suncor Energy | 80.87 Bn | 66.44 Bn | - | 34.18% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 26.83% |
| Jun 30, 2026 | 20.89% |
| Mar 31, 2026 | 13.17% |
| Dec 31, 2025 | 12.49% |
| Sep 30, 2025 | 13.93% |
| Jun 30, 2025 | 18.76% |
| Mar 31, 2025 | 19.93% |
| Dec 31, 2023 | 31.28% |
| Jun 30, 2021 | 3.10% |
| Mar 31, 2021 | -4.36% |
| Dec 31, 2020 | -10.37% |
| Jun 30, 2020 | -6.37% |
| Mar 31, 2020 | -1.46% |
| Dec 31, 2019 | 4.51% |
| Sep 30, 2019 | 12.67% |
| Jun 30, 2019 | 18.24% |
| Mar 31, 2019 | 18.08% |
| Dec 31, 2018 | 17.76% |
| Sep 30, 2018 | 16.27% |
| Jun 30, 2018 | 11.00% |
API Access
Equinor Asa Return on Equity [ROE] 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-equity-%5Broe%5D&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-equity-[roe]", "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-equity-%5Broe%5D&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();