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Equinor ASA (BSP:E1QN34) Operating Margin % : 27.18% (As of Sep. 2024)


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What is Equinor ASA Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Equinor ASA's Operating Income for the three months ended in Sep. 2024 was R$38,250 Mil. Equinor ASA's Revenue for the three months ended in Sep. 2024 was R$140,749 Mil. Therefore, Equinor ASA's Operating Margin % for the quarter that ended in Sep. 2024 was 27.18%.

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

BSP:E1QN34' s Operating Margin % Range Over the Past 10 Years
Min: -8.5   Med: 19.75   Max: 52.17
Current: 29


BSP:E1QN34's Operating Margin % is ranked better than
81.75% of 948 companies
in the Oil & Gas industry
Industry Median: 7.82 vs BSP:E1QN34: 29.00

Equinor ASA's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Equinor ASA's Operating Income for the three months ended in Sep. 2024 was R$38,250 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Sep. 2024 was R$157,652 Mil.


Equinor ASA Operating Margin % Historical Data

The historical data trend for Equinor ASA's Operating 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 Operating Margin % Chart

Equinor ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.80 -8.50 37.13 52.17 32.97

Equinor ASA Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Operating 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 28.84 28.57 30.29 30.03 27.18

Competitive Comparison of Equinor ASA's Operating Margin %

For the Oil & Gas Integrated subindustry, Equinor ASA's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % Distribution in the Oil & Gas Industry

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

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



Equinor ASA Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=172634.653 / 523533.83
=32.97 %

Equinor ASA's Operating Margin % for the quarter that ended in Sep. 2024 is calculated as

Operating Margin %=Operating Income (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=38249.585 / 140748.725
=27.18 %

* 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  (BSP:E1QN34) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Equinor ASA Operating Margin % Related Terms

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Equinor ASA 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 2.1 million barrels of oil equivalent per day in 2023 (53% liquids) and ended 2023 with 5.2 billion barrels of proven reserves (49% liquids). Operations also include offshore wind, solar, oil refineries and natural gas processing, marketing, and trading.

Equinor ASA Headlines

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