Equinor ASASTOHF -12.59%73 Net Margin % is 11.17% as of Mar. 2026, which is 39% above its 10-year median of 8.06. 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 916 Oil & Gas companies, Equinor ASA ranks better than 56.44% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Equinor ASA's Net Income for the
three
months ended in Mar. 2026 was $3,106 Mil. Equinor ASA's Revenue for the
three
months ended in Mar. 2026 was $27,815 Mil. Therefore, Equinor ASA's net margin for the quarter that ended in Mar. 2026 was 11.17%.
The historical rank and industry rank for Equinor ASA's Net Margin % or its related term are showing as below:
STOHF'
s Net Margin % Range Over the Past 10 Years
Min: -12.04 Med: 8.06 Max: 19.29
Current: 5.25
STOHF's Net Margin % is ranked better than 56.44% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs STOHF: 5.25
Equinor ASA (OTCPK:STOHF) 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
Equinor ASA Net Margin % Historical Data
* Premium members only.
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.
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 Net Margin % vs 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.
* 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 Net Margin % of 11.17% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Equinor ASA and its competitors. This is 39% above median its historical median of 8.06. According to the industry distribution chart, Equinor ASA ranks #399 out of 916 companies in the Oil & Gas industry, placing it in the top 43.6%.
Is Equinor ASA's Net Margin % too high?
Equinor ASA's current Net Margin % of 11.17% is 39% above median its 10-year median of 8.06. The Oil & Gas industry median Net Margin % is 3.44. Equinor ASA's value of 11.17% is 225.2% above this industry median. Based on the distribution chart, Equinor ASA ranks #399 out of 916 companies in the Oil & Gas industry, which is above 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 Net Margin % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Equinor ASA ranks #399 out of 916 companies for Net Margin %. This puts Equinor ASA in the upper half of its industry. The industry median Net Margin % is 3.44. Equinor ASA's value of 11.17% is 225.2% above this benchmark. While the company's 10-year median is 8.06 vs. the industry median of 3.44, 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 Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equinor ASA's current Net Margin % of 11.17% is 225.2% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Equinor ASA and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinor ASA's current Net Margin % is 11.17%, which is 39% above median its own 10-year median of 8.06. 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 Net Margin % is 11.17%, which is 39% above median its 10-year median of 8.06 and 225.2% above the Oil & Gas industry median of 3.44. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Equinor ASA (STOHF), the current Net Margin % is 11.17% 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:
Net Margin %: 11.17% (39% above median its 10-year median of 8.06)
GF Value™: $30.17 vs. price of $31.56 (4.6% above fair value)
Industry Position: 225.2% above the Oil & Gas median (#399 of 916)
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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