Equinor ASA Ratios and Metrics

Market cap in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Feb '26 Feb 18, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	646,272	592,463	724,045	951,597	1,114,781	761,322
Market Cap Growth	-13.24%	-18.17%	-23.91%	-14.64%	46.43%	61.42%
Enterprise Value	766,858	678,669	712,620	1,109,879	981,110	811,219
Last Close Price	259.30	237.00	245.99	266.29	259.05	165.48
PE Ratio	13.26	11.65	7.24	7.90	3.94	10.09
Forward PE	10.19	9.20	7.16	5.35	5.32	10.11
PS Ratio	0.61	0.56	0.62	0.88	0.76	0.95
PB Ratio	1.58	1.45	1.50	1.94	2.10	2.21
P/TBV Ratio	1.86	1.71	1.74	2.19	2.32	2.65
P/FCF Ratio	10.73	9.83	8.03	6.64	4.29	4.16
P/OCF Ratio	3.21	2.94	3.17	3.80	3.22	3.00
PEG Ratio	-	1.65	-	-	0.56	0.15
EV/Sales Ratio	0.72	0.64	0.61	1.02	0.67	1.02
EV/EBITDA Ratio	2.04	1.81	1.66	2.47	1.20	2.05
EV/EBIT Ratio	2.79	2.48	2.15	3.04	1.34	2.69
EV/FCF Ratio	12.73	11.26	7.91	7.75	3.78	4.43
Debt / Equity Ratio	0.77	0.77	0.71	0.66	0.60	0.93
Debt / EBITDA Ratio	0.84	0.84	0.77	0.70	0.39	0.81
Debt / FCF Ratio	5.22	5.22	3.79	2.25	1.22	1.74
Net Debt / Equity Ratio	0.29	0.29	0.16	-0.15	-0.25	0.02
Net Debt / EBITDA Ratio	0.32	0.32	0.18	-0.16	-0.16	0.02
Net Debt / FCF Ratio	1.99	1.99	0.84	-0.50	-0.50	0.04
Asset Turnover	0.81	0.81	0.75	0.71	0.98	0.67
Inventory Turnover	18.13	18.13	15.44	13.03	14.75	13.51
Quick Ratio	0.98	0.98	1.05	1.46	1.55	1.36
Current Ratio	1.26	1.26	1.48	1.72	1.78	1.60
Return on Equity (ROE)	12.21%	12.21%	19.43%	23.23%	61.80%	23.53%
Return on Assets (ROA)	12.93%	12.93%	13.25%	14.94%	30.34%	15.74%
Return on Invested Capital (ROIC)	10.80%	10.82%	18.34%	27.57%	67.22%	19.94%
Return on Capital Employed (ROCE)	26.90%	26.90%	30.60%	33.60%	64.90%	31.70%
Earnings Yield	7.87%	8.58%	13.82%	12.67%	25.41%	9.91%
FCF Yield	9.32%	10.17%	12.45%	15.05%	23.31%	24.04%
Dividend Yield	5.76%	6.38%	6.56%	4.76%	3.42%	3.78%
Payout Ratio	95.00%	95.00%	43.84%	28.04%	8.69%	20.99%
Buyback Yield / Dilution	7.99%	7.99%	6.61%	4.91%	2.23%	0.40%
Total Shareholder Return	13.62%	14.37%	13.16%	9.67%	5.65%	4.18%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.