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Equinor stock: growth
EQNR.OLEquinor reported $108.94B in revenue for fiscal 2025, up 12.5% on the prior year, up 16.8% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
1.4%
per year from 2006 to 2025, per share 2.6%
Earnings (Annual rate)
−2.4%
per year from 2006 to 2025, per share −1.3%
Free cash flow (Annual rate)
3.8%
per year from 2006 to 2025, per share 5%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 16.8% | 7.5% | 1.4% |
| Revenue per share | 22.4% | 9.7% | 2.6% |
| Earnings | no data | no data | −2.4% |
| Earnings per share | no data | no data | −1.3% |
| Free cash flow | 26.4% | no data | 3.8% |
| Free cash flow per share | 32.4% | no data | 5.0% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $82.94B | $8.17B | $3.04B |
| 2007 | $97.24B | $8.07B | $4.23B |
| 2008 | $111.02B | $7.37B | $4.77B |
| 2009 | $79.76B | $3.16B | −$370.84M |
| 2010 | $89.46B | $6.47B | $431.37M |
| 2011 | $108.23B | $13.21B | $3.22B |
| 2012 | $124.93B | $12.22B | $2.8B |
| 2013 | $107.88B | $6.98B | −$1.97B |
| 2014 | $91.02B | $3.28B | $524.56M |
| 2015 | $52.82B | −$4.26B | −$1.79B |
| 2016 | $44.28B | −$2.83B | −$3.16B |
| 2017 | $60.66B | $4.57B | $3.61B |
| 2018 | $73.36B | $7.02B | $8.33B |
| 2019 | $61.04B | $1.87B | $3.55B |
| 2020 | $50.08B | −$6.04B | $1.91B |
| 2021 | $85.68B | $8.36B | $20.78B |
| 2022 | $148.06B | $28.56B | $26.38B |
| 2023 | $111.52B | $12.4B | $14.13B |
| 2024 | $96.81B | $8.32B | $7.93B |
| 2025 | $108.94B | $5.19B | $6.15B |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Currency
- Amounts in US dollars, converted at the ECB reference rate of 12 Nov 2026 ($1 = NOK 9.5325)
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Strong, published since 7 Nov 2026 (in the score history since 9 May 2025)
- Valuation signal Undervalued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.