Equinor Net Income from 2010 to 2024
| EQNR Stock | USD 27.10 0.02 0.07% |
Net Income | First Reported 2000-03-31 | Previous Quarter 2.5 B | Current Value 2.6 B | Quarterly Volatility 2 B |
Check Equinor ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Equinor main balance sheet or income statement drivers, such as Depreciation And Amortization of 8.5 B, Interest Expense of 1.7 B or Total Revenue of 76.5 B, as well as many exotic indicators such as Price To Sales Ratio of 1.32, Dividend Yield of 0.12 or PTB Ratio of 3.8. Equinor financial statements analysis is a perfect complement when working with Equinor ASA Valuation or Volatility modules.
Equinor | Net Income |
Latest Equinor ASA's Net Income Growth Pattern
Below is the plot of the Net Income of Equinor ASA ADR over the last few years. Net income is one of the most important fundamental items in finance. It plays a large role in Equinor ASA ADR financial statement analysis. It represents the amount of money remaining after all of Equinor ASA ADR operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue. It is Equinor ASA's Net Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Equinor ASA's overall financial position and show how it may be relating to other accounts over time.
| View | Last Reported 11.88 B | 10 Years Trend |
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Net Income |
| Timeline |
Equinor Net Income Regression Statistics
| Arithmetic Mean | 6,534,874,096 | |
| Coefficient Of Variation | 133.94 | |
| Mean Deviation | 6,537,590,572 | |
| Median | 6,560,751,905 | |
| Standard Deviation | 8,752,715,817 | |
| Sample Variance | 76610034.2T | |
| Range | 34.2B | |
| R-Value | 0.30 | |
| Mean Square Error | 74866843T | |
| R-Squared | 0.09 | |
| Significance | 0.27 | |
| Slope | 595,433,575 | |
| Total Sum of Squares | 1072540478.4T |
Equinor Net Income History
Other Fundumenentals of Equinor ASA ADR
| Net Income Applicable To Common Shares | ||
| Net Income From Continuing Ops | ||
| Net Income Per Share | ||
| Net Income Per E B T |
Equinor ASA Net Income component correlations
About Equinor ASA Financial Statements
There are typically three primary documents that fall into the category of financial statements. These documents include Equinor ASA income statement, its balance sheet, and the statement of cash flows. Equinor ASA investors use historical funamental indicators, such as Equinor ASA's Net Income, to determine how well the company is positioned to perform in the future. Although Equinor ASA investors may use each financial statement separately, they are all related. The changes in Equinor ASA's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Equinor ASA's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Equinor ASA Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Equinor ASA. Please read more on our technical analysis and fundamental analysis pages.
| Last Reported | Projected for Next Year | ||
| Net Income | 11.9 B | 16.5 B | |
| Net Income Applicable To Common Shares | 33.1 B | 34.7 B | |
| Net Income From Continuing Ops | 17.2 B | 18.1 B | |
| Net Income Per Share | 3.93 | 4.13 | |
| Net Income Per E B T | 0.31 | 0.48 |
Pair Trading with Equinor ASA
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Equinor ASA position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Equinor ASA will appreciate offsetting losses from the drop in the long position's value.Moving against Equinor Stock
| 0.66 | NS | NuStar Energy LP Earnings Call Next Week | PairCorr |
The ability to find closely correlated positions to Equinor ASA could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Equinor ASA when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Equinor ASA - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Equinor ASA ADR to buy it.
The correlation of Equinor ASA is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Equinor ASA moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Equinor ASA ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Equinor ASA can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Equinor ASA Correlation against competitors. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
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When running Equinor ASA's price analysis, check to measure Equinor ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Equinor ASA is operating at the current time. Most of Equinor ASA's value examination focuses on studying past and present price action to predict the probability of Equinor ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Equinor ASA's price. Additionally, you may evaluate how the addition of Equinor ASA to your portfolios can decrease your overall portfolio volatility.
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Is Equinor ASA's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Equinor ASA. If investors know Equinor will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Equinor ASA listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.65) | Dividend Share 1.25 | Earnings Share 3.93 | Revenue Per Share 17.684 | Quarterly Revenue Growth (0.15) |
The market value of Equinor ASA ADR is measured differently than its book value, which is the value of Equinor that is recorded on the company's balance sheet. Investors also form their own opinion of Equinor ASA's value that differs from its market value or its book value, called intrinsic value, which is Equinor ASA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Equinor ASA's market value can be influenced by many factors that don't directly affect Equinor ASA's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Equinor ASA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Equinor ASA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Equinor ASA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.