Equinor Asa (STOHF) Return on Capital Employed (2009 - 2026)

Equinor Asa (STOHF) reported Return on Capital Employed of 25.3% for Q1 2026, down 693.0% on a YoY basis from 4.27% in Q1 2025, and up 2.98% quarter-over-quarter from 24.57% in Q4 2025.

Equinor Asa (STOHF) Return on Capital Employed (2009 - 2026) Analysis & Trends

Equinor Asa has reported Return on Capital Employed for 17 years, with the latest figure at 25.3% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 693.0% year-over-year to 25.3%; the trailing twelve-month figure through Mar 2026 stood at 25.3% (down 693.0% YoY), and the FY2025 full-year result was 25.14%, down 508.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 25.3%, up from 24.57% in the prior quarter.
  • The five-year high for Return on Capital Employed was 43.79% in Q4 2023, with the low at 24.57% in Q4 2025.
  • Historically, Return on Capital Employed has averaged 30.22% across 4 years, with a median of 28.36% in 2024.
  • Annual changes were most pronounced in 2024 — Return on Capital Employed slumped 1543 bps — and 2025, when it sank 379 bps.
  • Equinor Asa's Return on Capital Employed stood at 43.79% in 2023, then sank by 35 bps to 28.36% in 2024, then dropped by 13 bps to 24.57% in 2025, then grew by 3 bps to 25.3% in 2026.
  • The last three Return on Capital Employed figures came in at 25.3% (Q1 2026), 24.57% (Q4 2025), and 27.57% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 10.30%
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 222.35%
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 18.04%
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 12.10%
7 Eni Spa 252.26 Bn 242.70 Bn - 3.93%
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 40.53%
10 Equinor Asa - - - 25.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 25.30%
Dec 31, 2025 24.57%
Sep 30, 2025 27.57%
Jun 30, 2025 29.74%
Mar 31, 2025 32.24%
Dec 31, 2024 28.36%
Dec 31, 2023 43.79%
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%