Return on Retained Earnings (RORE) is an indicator of a company's growth potential, it shows how much a company earns by reinvesting its retained earnings, i.e. profits after dividend payments.
Equinor ASA's 3-Year RORE % for the quarter that ended in Mar. 2026 was -26.76%.
The industry rank for Equinor ASA's 3-Year RORE % or its related term are showing as below:
FRA:DNQ's 3-Year RORE % is ranked worse than 69.75% of 919
companies
in the Oil & Gas industry
Industry Median: 1.22
vs FRA:DNQ: -26.76
Equinor ASA (FRA:DNQ) 3-Year RORE % Explanation
Return on Retained Earnings (RORE) is important to investors because it reveals a company's efficiency and growth potential. A higher RORE indicates a higher return. A high RORE indicates that the company should reinvest profits into the business. A lower RORE suggests that the company should distribute profits to shareholders by paying out dividends, since those dollars aren't generating much additional growth for the company.
There are a several different ways to arrive at the Return on Retained Earnings. The simplest way to calculate it is by using published information on Earnings per Share (EPS) and Dividend per Share (DPS) over a selected period. Here, 3-year period is chosen.
Be Aware
Please keep in mind that the RORE is relative to the nature of the business and its competitors. If another company in the same sector is producing a lower return on retained earnings, it doesn’t necessarily mean it’s a bad investment. It may just suggest the company is older and no longer in a high growth stage. At such a stage in the business cycle, it would be expected to see a lower RORE and higher dividend payout.
Equinor ASA 3-Year RORE % Related Terms
Equinor ASA 3-Year RORE % Historical Data
* Premium members only.
The historical data trend for Equinor ASA's 3-Year RORE % 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 3-Year RORE %, along with its competitors' market caps and 3-Year RORE % 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 3-Year RORE % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Equinor ASA's 3-Year RORE % distribution charts can be found below:
* The bar in red indicates where Equinor ASA's 3-Year RORE % 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.
In the calculation of 3-Year RORE %, the most recent and first period EPS (Diluted) is the trailing twelve months (TTM) data ended in Mar. 2026 and 3-year before.
Equinor ASA (FRA:DNQ) has a 3-Year RORE % of -26.76 as of Mar. 2026. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Equinor ASA and its competitors. According to the industry distribution chart, Equinor ASA ranks #641 out of 919 companies in the Oil & Gas industry, placing it in the top 69.7%.
Is Equinor ASA's 3-Year RORE % too high?
Equinor ASA's current 3-Year RORE % is -26.76. Based on the distribution chart, Equinor ASA ranks #641 out of 919 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Equinor ASA has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Equinor ASA's 3-Year RORE % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Equinor ASA ranks #641 out of 919 companies for 3-Year RORE %. This places Equinor ASA in the lower half of its industry. The industry median 3-Year RORE % is 1.22. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 3-Year RORE % for an Oil & Gas company?
The median 3-Year RORE % among Oil & Gas companies is 1.22, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a 3-Year RORE % significantly above this median, while those in the bottom quartile fall well below. However, 3-Year RORE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 3-Year RORE % mean?
A high 3-Year RORE % can signal that a stock is expensive relative to its fundamentals. 3-Year RORE % shows how much a company earns by reinvesting its retained earnings in 3-year. View historical data on Equinor ASA and its competitors. For the Oil & Gas industry, the median 3-Year RORE % is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinor ASA's current 3-Year RORE % is -26.76. 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 (FRA:DNQ) is currently considered Fairly Valued. The stock's GF Value™ is €27.06, compared to a current price of €29.40 — trading 8.6% above its estimated fair value. The current 3-Year RORE % is -26.76. Equinor ASA's overall GF Score™ is 81/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year RORE % calculated?
3-Year RORE % is calculated from a company's financial statements. For Equinor ASA (FRA:DNQ), the current 3-Year RORE % is -26.76 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 (FRA:DNQ) Overvalued in 2026?
Based on GuruFocus' analysis, Equinor ASA stock appears to be overvalued.
The current stock price of €29.40 is trading 8.6% above its estimated GF Value™ of €27.06.
GuruFocus considers Equinor ASA to be Fairly Valued.
Key valuation signals for FRA:DNQ:
3-Year RORE %: -26.76
GF Value™: €27.06 vs. price of €29.40 (8.6% above fair value)
No single metric tells the full story. See the FRA:DNQ 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.
81GF Score
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