What is the current annual operating margin of EQNR?

As of today, EQNR annual operating margin is 25.70%

What is 1-year change in EQNR annual operating margin?

EQNR annual operating margin is down -9.57% year-over-year

What is 3-year change in EQNR annual operating margin?

EQNR annual operating margin is down -49.98% over the past 3 years

How far is EQNR annual operating margin from its all-time high?

EQNR annual operating margin is currently -49.98% below its historical high of 51.38% set on December 31, 2022

How does EQNR annual operating margin rank versus sector peers?

EQNR annual operating margin is higher than 71.54% of companies in Energy sector

When is EQNR next annual earnings release?

As of today, the next annual earnings release for EQNR has not been scheduled

What is the current quarterly operating margin of EQNR?

As of today, EQNR quarterly operating margin is 36.11%

What is EQNR quarterly operating margin most recent change?

EQNR quarterly operating margin was up +14.71% on June 30, 2026

What is 1-year change in EQNR quarterly operating margin?

EQNR quarterly operating margin is up +36.26% year-over-year

How far is EQNR quarterly operating margin from its all-time high?

EQNR quarterly operating margin is currently -41.29% below its historical high of 61.51% set on September 30, 2022

How does EQNR quarterly operating margin rank versus sector peers?

EQNR quarterly operating margin is higher than 78.30% of companies in Energy sector

When is EQNR next earnings release?

The next earnings release for EQNR is on October 28, 2026

Equinor ASA (EQNR) Operating Margin History & Chart

Annual Operating Margin

25.70%2.72%-9.57%

December 31, 2025

Summary

Current Value: As of today, EQNR annual operating margin is 25.70%, down -9.57% on December 31, 2025
Historical Performance: EQNR annual operating margin is down -49.98% over the past 3 years, up +167.43% over the past 5 years
All-Time High Comparison: EQNR annual operating margin is currently -49.98% below its historical high of 51.38% set on December 31, 2022
3-Year Low Comparison: EQNR annual operating margin is at its 3-year low
Sector Comparison: EQNR annual operating margin is higher than 71.54% of companies in Energy sector

Operating Margin Chart

beforeafter

Performance

EQNR Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	25.70%	-9.6%	-50.0%	+167.4%	-4.7%
Quarterly Operating Margin	Jun 30, 26	36.11%	+36.3%	+17.0%	+19.6%	+33.2%
Price	Aug 6, 26	$39.46	+59.4%	+27.3%	+93.2%	+79.1%
PE Ratio	Aug 6, 26	10.74	+30.8%	+165.8%	–	+77.2%
Annual Revenue	Dec 31, 25	$106.16B	+4.0%	-28.8%	+131.6%	+21.9%
Annual Operating Profit	Dec 31, 25	$27.28B	-6.0%	-64.4%	+519.3%	+16.2%
Annual Gross Margin	Dec 31, 25	26.84%	-9.4%	-48.4%	+140.5%	-4.1%
Annual Net Margin	Dec 31, 25	4.78%	-44.5%	-75.2%	+139.7%	-33.0%

Operating Margin Highs

EQNR Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	51.38%	N/A	-50.0%
5Y	51.38%	Dec 31, 22	-50.0%
All	51.38%	Dec 31, 22	-50.0%

Operating Margin Lows

EQNR Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	25.70%	Dec 31, 25	at low
5Y	9.61%	N/A	+167.4%
All	3.19%	Dec 1, 88	+705.6%

Operating Margin History

Year	Value	Change
2025	25.70%	-9.6%
2024	28.42%	-13.0%
2023	32.67%	-36.4%
2022	51.38%	+43.1%
2021	35.90%	+273.6%
2020	9.61%	-39.3%
2019	15.82%	-32.8%
2018	23.54%	+16.1%
2017	20.27%	+423.8%
2016	3.87%	-68.3%
2015	12.21%	-41.3%
2014	20.80%	-9.3%
2013	22.93%	-15.1%
2012	27.02%	-5.9%
2011	28.72%	+6.5%
2010	26.96%	-3.0%
2009	27.80%	-10.7%
2008	31.12%	+3.0%
2007	30.22%	-7.9%
2006	32.82%	+33.6%
2005	24.56%	+19.1%
2004	20.62%	+6.6%
2003	19.34%	+13.0%

Year	Value	Change
2002	17.12%	-10.0%
2001	19.02%	-3.1%
2000	19.63%	+111.1%
1999	9.30%	+43.7%
1998	6.47%	-48.7%
1997	12.60%	-25.9%
1996	17.00%	+13.9%
1995	14.93%	-16.5%
1994	17.88%	+14.8%
1993	15.58%	-1.1%
1992	15.76%	-8.9%
1991	17.30%	-21.9%
1990	22.15%	+25.2%
1989	17.69%	+454.5%
1988	3.19%	-60.4%
1987	8.05%	+18.2%
1986	6.81%	-73.8%
1985	26.04%	-6.8%
1984	27.95%	-4.6%
1983	29.30%	+1.3%
1982	28.93%	+6.8%
1981	27.09%	+74.1%
1980	15.56%	-

FAQ

What is the current annual operating margin of EQNR?: As of today, EQNR annual operating margin is 25.70%
What is 1-year change in EQNR annual operating margin?: EQNR annual operating margin is down -9.57% year-over-year
What is 3-year change in EQNR annual operating margin?: EQNR annual operating margin is down -49.98% over the past 3 years
How far is EQNR annual operating margin from its all-time high?: EQNR annual operating margin is currently -49.98% below its historical high of 51.38% set on December 31, 2022
How does EQNR annual operating margin rank versus sector peers?: EQNR annual operating margin is higher than 71.54% of companies in Energy sector
When is EQNR next annual earnings release?: As of today, the next annual earnings release for EQNR has not been scheduled

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

36.11%4.63%+14.71%

June 30, 2026

Summary

Current Value: As of today, EQNR quarterly operating margin is 36.11%, up +14.71% on June 30, 2026
Historical Performance: EQNR quarterly operating margin is up +36.26% year-over-year, up +16.97% over the past 3 years
All-Time High Comparison: EQNR quarterly operating margin is currently -41.29% below its historical high of 61.51% set on September 30, 2022
3-Year Low Comparison: EQNR quarterly operating margin is +56.80% above its 3-year low of 23.03% reached on September 29, 2025
Sector Comparison: EQNR quarterly operating margin is higher than 78.30% of companies in Energy sector

Performance

EQNR Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Jun 30, 26	36.11%	+14.7%	+36.3%	+17.0%	+19.6%
Annual Operating Margin	Dec 31, 25	25.70%	–	-9.6%	-50.0%	+167.4%
Price	Aug 6, 26	$39.46	+3.8%	+59.4%	+27.3%	+93.2%
PE Ratio	Aug 6, 26	10.74	-38.0%	+30.8%	+165.8%	–
Quarterly Revenue	Jun 30, 26	$34.41B	+22.3%	+36.0%	+50.5%	+93.0%
Quarterly Operating Profit	Jun 30, 26	$12.43B	+40.3%	+85.3%	+76.0%	+130.8%
Quarterly Gross Margin	Jun 30, 26	36.90%	+13.2%	+32.7%	+16.0%	+17.9%
Quarterly Net Margin	Jun 30, 26	14.01%	+25.5%	+167.4%	+75.1%	+28.5%

Quarterly Operating Margin Highs

EQNR Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	36.11%	Jun 30, 26	at high
3Y	36.11%	Jun 30, 26	at high
5Y	61.51%	Sep 30, 22	-41.3%
All	61.51%	Sep 30, 22	-41.3%

Quarterly Operating Margin Lows

EQNR Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	23.03%	Sep 29, 25	+56.8%
3Y	23.03%	Sep 29, 25	+56.8%
5Y	23.03%	Sep 29, 25	+56.8%
All	1.34%	Sep 30, 19	+2594.8%

Quarterly Operating Margin History

Month	Value	Change
Jun 2026	36.11%	+14.7%
Mar 2026	31.48%	+31.3%
Dec 2025	23.97%	+4.1%
Sep 2025	23.03%	-13.1%
Jun 2025	26.50%	-8.2%
Mar 2025	28.87%	+0.6%
Dec 2024	28.70%	+7.8%
Sep 2024	26.63%	-10.2%
Jun 2024	29.64%	-2.0%
Mar 2024	30.26%	-1.3%
Dec 2023	30.65%	-4.5%
Sep 2023	32.11%	+4.0%
Jun 2023	30.87%	-27.9%
Mar 2023	42.84%	-3.4%
Dec 2022	44.35%	-27.9%
Sep 2022	61.51%	+17.6%
Jun 2022	52.31%	+11.2%
Mar 2022	47.04%	+2.3%
Dec 2021	45.96%	+32.6%
Sep 2021	34.66%	+14.8%
Jun 2021	30.20%	+17.8%
Mar 2021	25.64%	+238.7%
Dec 2020	7.57%	-0.8%
Sep 2020	7.63%	+263.3%
Jun 2020	2.10%	-80.7%
Mar 2020	10.90%	-26.2%
Dec 2019	14.76%	+1,001.5%
Sep 2019	1.34%	-93.2%
Jun 2019	19.65%	-22.1%
Mar 2019	25.22%	+16.4%
Dec 2018	21.66%	-14.1%
Sep 2018	25.21%	+15.4%
Jun 2018	21.84%	-12.5%
Mar 2018	24.96%	+21.0%
Dec 2017	20.63%	+51.0%
Sep 2017	13.66%	-36.0%
Jun 2017	21.34%	-21.2%
Mar 2017	27.09%	+689.8%
Dec 2016	3.43%	-46.6%
Sep 2016	6.42%	+86.1%
Jun 2016	3.45%	-51.9%
Mar 2016	7.18%	-4.4%
Dec 2015	7.51%	-29.5%
Sep 2015	10.65%	-38.7%
Jun 2015	17.36%	-12.5%
Mar 2015	19.85%	+41.1%
Dec 2014	14.07%	-29.2%
Sep 2014	19.88%	-13.4%
Jun 2014	22.96%	-15.6%

Month	Value	Change
Mar 2014	27.19%	+15.1%
Dec 2013	23.62%	+0.2%
Sep 2013	23.58%	-1.8%
Jun 2013	24.01%	+1.1%
Mar 2013	23.76%	-16.6%
Dec 2012	28.50%	+18.2%
Sep 2012	24.12%	-8.3%
Jun 2012	26.30%	-12.9%
Mar 2012	30.21%	+19.8%
Dec 2011	25.22%	+4.0%
Sep 2011	24.26%	-10.5%
Jun 2011	27.11%	-15.3%
Mar 2011	31.99%	+2.4%
Dec 2010	31.24%	+46.1%
Sep 2010	21.38%	-11.0%
Jun 2010	24.02%	-19.7%
Mar 2010	29.93%	+17.0%
Dec 2009	25.58%	+4.6%
Sep 2009	24.45%	-18.5%
Jun 2009	30.01%	-15.5%
Mar 2009	35.52%	+17.5%
Dec 2008	30.22%	+8.2%
Sep 2008	27.94%	-32.0%
Jun 2008	41.08%	+26.9%
Mar 2008	32.38%	+54.5%
Dec 2007	20.96%	-23.6%
Sep 2007	27.45%	-2.6%
Jun 2007	28.17%	-2.5%
Mar 2007	28.89%	-29.7%
Dec 2006	41.10%	+47.7%
Sep 2006	27.82%	+2.7%
Jun 2006	27.08%	-6.5%
Mar 2006	28.97%	+17.3%
Dec 2005	24.69%	+7.4%
Sep 2005	22.98%	-0.7%
Jun 2005	23.14%	-9.0%
Mar 2005	25.43%	+20.2%
Dec 2004	21.16%	+10.3%
Sep 2004	19.19%	-1.9%
Jun 2004	19.56%	-14.4%
Mar 2004	22.84%	+21.4%
Dec 2003	18.81%	-1.8%
Sep 2003	19.15%	+3.7%
Jun 2003	18.47%	-11.0%
Mar 2003	20.75%	+19.9%
Dec 2002	17.31%	+558.2%
Sep 1998	2.63%	-65.9%
Jun 1998	7.72%	-38.7%
Mar 1998	12.59%	-

FAQ

What is the current quarterly operating margin of EQNR?: As of today, EQNR quarterly operating margin is 36.11%
What is EQNR quarterly operating margin most recent change?: EQNR quarterly operating margin was up +14.71% on June 30, 2026
What is 1-year change in EQNR quarterly operating margin?: EQNR quarterly operating margin is up +36.26% year-over-year
How far is EQNR quarterly operating margin from its all-time high?: EQNR quarterly operating margin is currently -41.29% below its historical high of 61.51% set on September 30, 2022
How does EQNR quarterly operating margin rank versus sector peers?: EQNR quarterly operating margin is higher than 78.30% of companies in Energy sector
When is EQNR next earnings release?: The next earnings release for EQNR is on October 28, 2026

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

EQNR Official Website www.equinor.com
EQNR Profile on Yahoo Finance finance.yahoo.com/quote/EQNR
EQNR Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/eqnr