Equinor ASA (OSL:EQNR) Tax Rate % : 72.07% (As of Dec. 2023)

View and export this data going back to 2001. Start your Free Trial

What is Equinor ASA Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Equinor ASA's Tax Expense for the three months ended in Dec. 2023 was kr70,987 Mil. Equinor ASA's Pre-Tax Income for the three months ended in Dec. 2023 was kr98,500 Mil. Therefore, Equinor ASA's Tax Rate % for the quarter that ended in Dec. 2023 was 72.07%.

Equinor ASA Tax Rate % Historical Data

The historical data trend for Equinor ASA's Tax Rate % 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 Tax Rate % Chart

Equinor ASA Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Tax Rate %

Get a 7-Day Free Trial

80.08

-29.04

72.85

63.43

68.58

Equinor ASA Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Tax Rate %	Get a 7-Day Free Trial															45.42	63.77	75.20	66.50	72.07

Equinor ASA Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Equinor ASA's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (A: Dec. 2023 )	/	Pre-Tax Income (A: Dec. 2023 )
	=	274073.412	/	399653.47
	=	68.58 %

Equinor ASA's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %	=	Tax Expense (Q: Dec. 2023 )	/	Pre-Tax Income (Q: Dec. 2023 )
	=	70986.913	/	98499.748
	=	72.07 %

Equinor ASA Tax Rate % Related Terms

Thank you for viewing the detailed overview of Equinor ASA's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Equinor ASA (OSL:EQNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Equinor ASA (OSL:EQNR) » Definitions » Tax Rate %

Comparable Companies

Traded in Other Exchanges

STOHF:USA EQNR:USA EQNR:Sweden EQNR:Mexico EQNRo:UK 0M2Z:UK DNQA:Germany DNQ:Germany DNQ:Germany DNQA:Germany DNQ:Germany E1QN34:Brazil

Address

Forusbeen 50, Stavanger, NOR, N-4035

Website

https://www.equinor.com

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.