Equinor Asa (EQNR) Tax Rate (2017 - 2025)
Equinor Asa (EQNR) recorded Tax Rate of 77.23% in Q4 2025, up 1.65 percentage points from 75.57% a year earlier but down 27.15 percentage points from the prior quarter.
Equinor Asa (EQNR) Tax Rate (2017 - 2025) Analysis & Trends
For FY2025, Equinor Asa reported Tax Rate of 79.84%, up 8.33 percentage points from FY2024.
- Annual Tax Rate has increased for three straight years, with a four-year change of +6.99 percentage points (FY2021 to FY2025).
- Across earlier years, Tax Rate came in at 71.51% in FY2024 (+2.93 pp), 68.58% in FY2023 (+5.14 pp), 63.43% in FY2022 (-9.41 pp) and 72.85% in FY2021.
- Quarterly Tax Rate has ranged from 58.92% in Q1 2021 to 104.37% in Q3 2025 over the past five years.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 775.61 Bn | 732.09 Bn | - | 23.39% |
| 2 | Chevron | 463.09 Bn | 435.21 Bn | 33.45 Bn | 26.95% |
| 3 | Shell | 320.18 Bn | 180.45 Bn | - | - |
| 4 | TotalEnergies SE | 208.95 Bn | 80.03 Bn | 31,614.00 | - |
| 5 | Conocophillips | 186.07 Bn | 158.78 Bn | 12.81 Bn | 35.37% |
| 6 | Equinor Asa | 126.25 Bn | 39.10 Bn | - | - |
| 7 | Canadian Natural Resources | 117.07 Bn | 114.08 Bn | 8.84 Bn | 18.22% |
| 8 | Phillips 66 | 110.73 Bn | 94.52 Bn | 10.69 Bn | 20.67% |
| 9 | Suncor Energy | 96.25 Bn | 82.00 Bn | - | - |
| 10 | Eni Spa | 91.80 Bn | 31.43 Bn | - | - |
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 77.23% |
| Sep 30, 2025 | 104.37% |
| Jun 30, 2025 | 77.11% |
| Dec 31, 2024 | 75.57% |
| Sep 30, 2024 | 68.57% |
| Jun 30, 2022 | 65.78% |
| Mar 31, 2022 | 72.63% |
| Jun 30, 2021 | 60.39% |
| Mar 31, 2021 | 58.92% |
| Mar 31, 2020 | 970.37% |
| Jun 30, 2019 | 58.10% |
| Mar 31, 2019 | 64.90% |
| Jun 30, 2018 | 65.32% |
| Mar 31, 2018 | 71.70% |
| Jun 30, 2017 | 56.33% |
Equinor Asa Tax Rate 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=tax-rate&ticker=EQNR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();