Equinor Asa (EQNR) Return on Equity [ROE] (2009 - 2026)
Equinor Asa (EQNR) reported Return on Equity [ROE] of 20.86% for the quarter ended Jun 30, 2026, up 2.12 percentage points from 18.74% a year earlier and up 7.71 percentage points from the prior quarter.
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Analysis
Equinor Asa (EQNR) Return on Equity [ROE] (2009 - 2026) Analysis & Trends
For the year ended Dec 31, 2025, Equinor Asa posted Return on Equity [ROE] of 12.21%, down 7.22 percentage points from the prior year.
- Return on Equity [ROE] has declined for three consecutive years, though with a five-year change of +26.85 percentage points (years ended Dec 2020 to Dec 2025).
- By year, Return on Equity [ROE] came in at 19.43% in the year ended Dec 31, 2024 (-3.80 pp), 23.23% in the year ended Dec 31, 2023 (-38.58 pp), 61.81% in the year ended Dec 31, 2022 (+38.28 pp) and 23.52% in the year ended Dec 31, 2021 (+38.17 pp).
- The figure for the quarter ended Jun 30, 2026 ranks as the highest quarterly Return on Equity [ROE] since the quarter ended Dec 31, 2023.
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at 13.15% (quarter ended Mar 31, 2026), 12.47% (quarter ended Dec 31, 2025) and 13.91% (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROE (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 741.55 Bn | 698.03 Bn | - | 12.80% |
| 2 | Chevron | 445.98 Bn | 418.10 Bn | 33.45 Bn | 10.89% |
| 3 | Shell | 311.46 Bn | 241.21 Bn | 30.13 Bn | 10.09% |
| 4 | TotalEnergies SE | 199.07 Bn | 79.65 Bn | 61.77 Bn | 8.91% |
| 5 | Conocophillips | 177.07 Bn | 149.78 Bn | 12.81 Bn | 14.29% |
| 6 | Equinor Asa | 120.07 Bn | 34.52 Bn | - | 20.89% |
| 7 | Phillips 66 | 113.83 Bn | 101.62 Bn | 8.38 Bn | 23.06% |
| 8 | Canadian Natural Resources | 112.90 Bn | 109.91 Bn | 8.84 Bn | - |
| 9 | Suncor Energy | 94.39 Bn | 80.14 Bn | - | 29.14% |
| 10 | Eni Spa | 89.93 Bn | 34.48 Bn | - | 10.36% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Mar 31, 2018 | 11.68% |
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();