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Equinor ASAFRA:DNQ -0.73%77 5-Year Yield-on-Cost % is 12.22 as of Jul. 22, 2026, which is 11% below its 10-year median of 13.69. GuruFocus rates FRA:DNQ with a GF Score™ of 77/100 and a GF Value™ of €26.85 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 502 Oil & Gas companies, Equinor ASA ranks better than 83.27% on this metric.
Equinor ASA's yield on cost for the quarter that ended in Mar. 2026 was 12.22.
The historical rank and industry rank for Equinor ASA's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:DNQ'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 4.66 Med: 13.69 Max: 26.79
Current: 12.22
During the past 13 years, Equinor ASA's highest Yield on Cost was 26.79. The lowest was 4.66. And the median was 13.69.
FRA:DNQ's 5-Year Yield-on-Cost % is ranked better than 83.27% of 502
companies
in the Oil & Gas industry
Industry Median: 4.905
vs FRA:DNQ: 12.22
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
Equinor ASA 5-Year Yield-on-Cost % Related Terms
FRA:DNQ vs XOM, CVX: 5-Year Yield-on-Cost % Comparison
For the Oil & Gas Integrated subindustry, Equinor ASA's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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 5-Year Yield-on-Cost % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Equinor ASA's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where Equinor ASA's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
Therefore, Yield-on-Cost of Equinor ASA is calculated as
Equinor ASA (FRA:DNQ) has a 5-Year Yield-on-Cost % of 12.22 as of Jul. 22, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Equinor ASA and its competitors. This is 11% below median its historical median of 13.69. Over the past decade, Equinor ASA's 5-Year Yield-on-Cost % has ranged from 4.66 to 26.79. According to the industry distribution chart, Equinor ASA ranks #84 out of 502 companies in the Oil & Gas industry, placing it in the top 16.7%.
Is Equinor ASA's 5-Year Yield-on-Cost % too high?
Equinor ASA's current 5-Year Yield-on-Cost % of 12.22 is 11% below median its 10-year median of 13.69. Over the past 10 years, this metric has ranged from a low of 4.66 to a high of 26.79. The Oil & Gas industry median 5-Year Yield-on-Cost % is 4.91. Equinor ASA's value of 12.22 is 149.1% above this industry median. Based on the distribution chart, Equinor ASA ranks #84 out of 502 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Equinor ASA has a GF Score™ of 77/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Equinor ASA's 5-Year Yield-on-Cost % compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Equinor ASA ranks #84 out of 502 companies for 5-Year Yield-on-Cost %. This places Equinor ASA in the top 17% of its industry — outperforming the majority of peers. The industry median 5-Year Yield-on-Cost % is 4.91. Equinor ASA's value of 12.22 is 149.1% above this benchmark. Historically, Equinor ASA's own 5-Year Yield-on-Cost % has ranged from 4.66 to 26.79 over the past decade. While the company's 10-year median is 13.69 vs. the industry median of 4.91, 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 5-Year Yield-on-Cost % for an Oil & Gas company?
The median 5-Year Yield-on-Cost % among Oil & Gas companies is 4.91, based on 502 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Equinor ASA's current 5-Year Yield-on-Cost % of 12.22 is 149.1% 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 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on Equinor ASA and its competitors. For the Oil & Gas industry, the median 5-Year Yield-on-Cost % is 4.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equinor ASA's current 5-Year Yield-on-Cost % is 12.22, which is 11% below median its own 10-year median of 13.69. 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 Modestly Overvalued. The stock's GF Value™ is €26.85, compared to a current price of €32.53 — trading 21.2% above its estimated fair value. The current 5-Year Yield-on-Cost % is 12.22, which is 11% below median its 10-year median of 13.69 and 149.1% above the Oil & Gas industry median of 4.91. Equinor ASA's overall GF Score™ is 77/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For Equinor ASA (FRA:DNQ), the current 5-Year Yield-on-Cost % is 12.22 as of Jul. 22, 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 €32.53 is trading 21.2% above its estimated GF Value™ of €26.85.
GuruFocus considers Equinor ASA to be Modestly Overvalued.
Key valuation signals for FRA:DNQ:
5-Year Yield-on-Cost %: 12.22 (11% below median its 10-year median of 13.69)
GF Value™: €26.85 vs. price of €32.53 (21.2% above fair value)
Industry Position: 149.1% above the Oil & Gas median (#84 of 502)
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.
77GF Score
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5-Year Yield-on-Cost % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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