Equinor ASASTOHF -12.59%73 FCF Margin % is 7.54% as of Mar. 2026, which is 10% above its 10-year median of 6.88. GuruFocus rates STOHF with a GF Score™ of 73/100 and a GF Value™ of $30.17 (Fairly Valued). The stock has 4 warning signs investors should review. Among 906 Oil & Gas companies, Equinor ASA ranks worse than 56.4% on this metric.
FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Equinor ASA's Free Cash Flow for the
three
months ended in Mar. 2026 was $2,097 Mil. Equinor ASA's Revenue for the
three
months ended in Mar. 2026 was $27,815 Mil. Therefore, Equinor ASA's FCF Margin % for the quarter that ended in Mar. 2026 was 7.54%.
The historical rank and industry rank for Equinor ASA's FCF Margin % or its related term are showing as below:
STOHF'
s FCF Margin % Range Over the Past 10 Years
Min: -7.38 Med: 6.88 Max: 23.41
Current: 1.97
During the past 13 years, the highest FCF Margin % of Equinor ASA was 23.41%. The lowest was -7.38%. And the median was 6.88%.
STOHF's FCF Margin % is ranked worse than 56.4% of 906
companies
in the Oil & Gas industry
Industry Median: 3.285
vs STOHF: 1.97
Equinor ASA FCF Margin % Related Terms
Equinor ASA FCF Margin % Historical Data
* Premium members only.
The historical data trend for Equinor ASA's FCF 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.
For the Oil & Gas Integrated subindustry, Equinor ASA's FCF Margin %, along with its competitors' market caps and FCF 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 FCF Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Equinor ASA's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Equinor ASA's FCF Margin % falls into.
* 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 (STOHF) has a FCF Margin % of 7.54% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Equinor ASA and its competitors. This is 10% above median its historical median of 6.88. According to the industry distribution chart, Equinor ASA ranks #511 out of 906 companies in the Oil & Gas industry, placing it in the top 56.4%.
Is Equinor ASA's FCF Margin % too high?
Equinor ASA's current FCF Margin % of 7.54% is 10% above median its 10-year median of 6.88. The Oil & Gas industry median FCF Margin % is 3.29. Equinor ASA's value of 7.54% is 129.5% above this industry median. Based on the distribution chart, Equinor ASA ranks #511 out of 906 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Equinor ASA has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equinor ASA's FCF Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Equinor ASA ranks #511 out of 906 companies for FCF Margin %. This places Equinor ASA in the lower half of its industry. The industry median FCF Margin % is 3.29. Equinor ASA's value of 7.54% is 129.5% above this benchmark. While the company's 10-year median is 6.88 vs. the industry median of 3.29, Equinor ASA has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good FCF Margin % for an Oil & Gas company?
The median FCF Margin % among Oil & Gas companies is 3.29, based on 906 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equinor ASA's current FCF Margin % of 7.54% is 129.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Equinor ASA and its competitors. For the Oil & Gas industry, the median FCF Margin % is 3.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinor ASA's current FCF Margin % is 7.54%, which is 10% above median its own 10-year median of 6.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equinor ASA stock overvalued right now?
Based on GuruFocus' analysis, Equinor ASA (STOHF) is currently considered Fairly Valued. The stock's GF Value™ is $30.17, compared to a current price of $31.56 — trading 4.6% above its estimated fair value. The current FCF Margin % is 7.54%, which is 10% above median its 10-year median of 6.88 and 129.5% above the Oil & Gas industry median of 3.29. Equinor ASA's overall GF Score™ is 73/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Equinor ASA (STOHF), the current FCF Margin % is 7.54% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Equinor ASA (STOHF) Overvalued in 2026?
Based on GuruFocus' analysis, Equinor ASA stock appears to be overvalued.
The current stock price of $31.56 is trading 4.6% above its estimated GF Value™ of $30.17.
GuruFocus considers Equinor ASA to be Fairly Valued.
Key valuation signals for STOHF:
FCF Margin %: 7.54% (10% above median its 10-year median of 6.88)
GF Value™: $30.17 vs. price of $31.56 (4.6% above fair value)
Industry Position: 129.5% above the Oil & Gas median (#511 of 906)
No single metric tells the full story. See the STOHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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 2.1 million barrels of oil equivalent per day in 2025 (50% liquids) and ended 2025 with 5.2 billion barrels of proven reserves (45% liquids). Operations also include oil refineries and natural gas processing, marketing, and trading. The renewables portfolio includes offshore and onshore wind and solar, with total power generation of 5.65 TWh in 2025.
73GF Score
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