Equinor Asa (STOHF) Net Margin (2009 - 2026)
Equinor Asa (STOHF) reported Net Margin of 13.27% for Q1 2026, up 729.0% on a YoY basis from 1.6% in Q1 2025, and up 64.72% quarter-over-quarter from 8.06% in Q4 2025.
Equinor Asa (STOHF) Net Margin (2009 - 2026) Analysis & Trends
Equinor Asa has reported Net Margin for 18 years, with the latest figure at 13.27% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 729.0% year-over-year to 13.27%; the trailing twelve-month figure through Mar 2026 stood at 7.99% (up 50.0% YoY), and the FY2025 full-year result was 6.08%, down 276.0% from the prior year.
- Net Margin for Q1 2026 stood at 13.27%, up from 8.06% in the prior quarter.
- The five-year high for Net Margin was 18.57% in Q2 2022, with the low at 3.58% in Q3 2025.
- Historically, Net Margin has averaged 9.26% across 5 years, with a median of 8.34% in 2024.
- Annual changes were most pronounced in 2022 — Net Margin jumped 742 bps — and 2025, when it tumbled 530 bps.
- Equinor Asa's Net Margin stood at 18.57% in 2022, then sank by 66 bps to 6.34% in 2023, then dropped by 1 bps to 6.27% in 2024, then increased by 29 bps to 8.06% in 2025, then soared by 65 bps to 13.27% in 2026.
- The last three Net Margin figures came in at 13.27% (Q1 2026), 8.06% (Q4 2025), and 3.58% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 26.37% |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 5.25% |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 10.73% |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | -7.11% |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 12.71% |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 6.96% |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 7.35% |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 18.32% |
| 10 | Equinor Asa | - | - | - | 13.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 13.27% |
| Dec 31, 2025 | 8.06% |
| Sep 30, 2025 | 3.58% |
| Jun 30, 2025 | 6.65% |
| Mar 31, 2025 | 5.98% |
| Dec 31, 2024 | 6.27% |
| Sep 30, 2024 | 8.62% |
| Jun 30, 2024 | 9.46% |
| Mar 31, 2024 | 11.28% |
| Dec 31, 2023 | 6.34% |
| Jun 30, 2022 | 18.57% |
| Mar 31, 2022 | 13.07% |
| Jun 30, 2021 | 11.15% |
| Mar 31, 2021 | 11.48% |
| Dec 31, 2020 | -20.39% |
| Jun 30, 2020 | -3.36% |
| Mar 31, 2020 | -4.70% |
| Dec 31, 2019 | -1.58% |
| Sep 30, 2019 | -7.53% |
| Jun 30, 2019 | 1.85% |