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Equinor ASA (FRA:DNQA) Net Margin % : 10.63% (As of Mar. 2024)


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What is Equinor ASA Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Equinor ASA's Net Income for the three months ended in Mar. 2024 was €2,455 Mil. Equinor ASA's Revenue for the three months ended in Mar. 2024 was €23,082 Mil. Therefore, Equinor ASA's net margin for the quarter that ended in Mar. 2024 was 10.63%.

The historical rank and industry rank for Equinor ASA's Net Margin % or its related term are showing as below:

FRA:DNQA' s Net Margin % Range Over the Past 10 Years
Min: -12.04   Med: 5.77   Max: 19.29
Current: 11.1


FRA:DNQA's Net Margin % is ranked better than
65.64% of 978 companies
in the Oil & Gas industry
Industry Median: 4.17 vs FRA:DNQA: 11.10

Equinor ASA Net Margin % Historical Data

The historical data trend for Equinor ASA's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Equinor ASA Net Margin % Chart

Equinor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.93 -12.04 9.65 19.29 11.12

Equinor ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.99 7.98 9.63 9.02 10.63

Competitive Comparison of Equinor ASA's Net Margin %

For the Oil & Gas Integrated subindustry, Equinor ASA's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Equinor ASA's Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Equinor ASA's Net Margin % distribution charts can be found below:

* The bar in red indicates where Equinor ASA's Net Margin % falls into.



Equinor ASA Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Equinor ASA's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=10898.545/97979.616
=11.12 %

Equinor ASA's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=2454.56/23081.88
=10.63 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Equinor ASA  (FRA:DNQA) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Equinor ASA Net Margin % Related Terms

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Equinor ASA (FRA:DNQA) Business Description

Address
Forusbeen 50, Stavanger, NOR, N-4035
Equinor is a Norway-based integrated oil and gas company. It has been publicly listed since 2001, but the government retains a 67% stake. Operating primarily on the Norwegian Continental Shelf, the firm produced 2.0 million barrels of oil equivalent per day in 2022 (50% liquids) and ended the year with 5.2 billion barrels of proven reserves (49% liquidsl). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.

Equinor ASA (FRA:DNQA) Headlines

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