Earnings Summary

Equinor Asa’s revenue jumped 11.33% since last year same period to $25462Mn in the Q2 2024. On a quarterly growth basis, Equinor Asa has generated 1.49% jump in its revenue since last 3-months.

Equinor Asa’s net profit jumped 2.03% since last year same period to $1861Mn in the Q2 2024. On a quarterly growth basis, Equinor Asa has generated -30.25% fall in its net profits since last 3-months.

Equinor Asa’s net profit margin fell -8.36% since last year same period to 7.31% in the Q2 2024. On a quarterly growth basis, Equinor Asa has generated -31.27% fall in its net profit margins since last 3-months.

Equinor Asa’s price-to-earnings ratio after this Q2 2024 earnings stands at 7.92.

Equinor Asa’s earning per share (EPS) estimates for the current quarter stand at 0.96 - a 12.94% jump from last quarter’s estimates.

Equinor Asa’s earning per share (EPS) estimates for the current year stand at 0.96.

Equinor Asa’s earning per share (EPS) jumped 13.51% since last year same period to 0.84 in the Q2 2024. This indicates that the Equinor Asa has generated 13.51% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Equinor Asa’s return on assets (ROA) stands at 0.13.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Equinor Asa’s return on equity (ROE) stands at 0.18.

Equinor Asa declared 0.35 dividend per share during the earnings announcement for Q2 2024.