Equinor Historical Income Statement

EQNR Stock  USD 26.90  0.27  1.01%   
Historical analysis of Equinor ASA income statement accounts such as Total Revenue of 76.5 B or Gross Profit of 31.6 B can show how well Equinor ASA ADR performed in making a profits. Evaluating Equinor ASA income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Equinor ASA's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Equinor ASA ADR latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Equinor ASA ADR is a good buy for the upcoming year.
  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.

About Equinor Income Statement Analysis

Equinor ASA ADR Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Equinor ASA shareholders. The income statement also shows Equinor investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Equinor ASA Income Statement Chart

Equinor ASA ADR Income Statement is one of the three primary financial statements used for reporting Equinor's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Equinor ASA ADR revenue and expense. Equinor ASA Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Equinor ASA's Interest Expense is relatively stable compared to the past year. As of 03/28/2024, Research Development is likely to grow to about 326.5 M, while Total Revenue is likely to drop slightly above 76.5 B.

Total Revenue

Total revenue comprises all receipts Equinor ASA ADR generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Equinor ASA ADR minus its cost of goods sold. It is profit before Equinor ASA operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Equinor ASA ADR. It is also known as Equinor ASA overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Equinor ASA's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Equinor ASA ADR current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
At this time, Equinor ASA's Interest Expense is relatively stable compared to the past year. As of 03/28/2024, Research Development is likely to grow to about 326.5 M, while Total Revenue is likely to drop slightly above 76.5 B.
 2021 2022 2023 2024 (projected)
Gross Profit41.9B88.8B36.7B31.6B
Total Revenue88.7B149.0B106.8B76.5B

Equinor ASA income statement Correlations

0.430.04-0.170.38-0.26-0.26-0.24-0.090.290.54-0.25-0.01-0.38-0.18-0.38-0.2-0.45-0.26-0.23-0.450.5
0.430.390.270.460.250.25-0.470.330.46-0.190.280.690.310.31-0.21-0.430.390.360.49-0.10.17
0.040.390.940.880.910.910.240.950.910.120.920.310.860.92-0.280.050.640.610.320.28-0.39
-0.170.270.940.680.990.990.160.990.70.060.980.180.950.98-0.16-0.010.770.780.270.3-0.46
0.380.460.880.680.610.620.310.70.980.310.620.360.560.65-0.40.150.290.230.230.18-0.21
-0.260.250.910.990.611.00.130.990.67-0.071.00.20.960.99-0.12-0.040.820.830.330.31-0.47
-0.260.250.910.990.621.00.140.990.67-0.071.00.20.960.99-0.12-0.040.820.830.330.32-0.48
-0.24-0.470.240.160.310.130.140.10.30.170.12-0.210.130.09-0.150.48-0.06-0.270.120.42-0.38
-0.090.330.950.990.70.990.990.10.740.020.990.20.930.99-0.19-0.080.770.810.30.25-0.4
0.290.460.910.70.980.670.670.30.740.170.680.410.620.7-0.370.110.370.310.330.22-0.24
0.54-0.190.120.060.31-0.07-0.070.170.020.17-0.09-0.44-0.23-0.07-0.170.35-0.53-0.34-0.73-0.240.17
-0.250.280.920.980.621.01.00.120.990.68-0.090.240.970.99-0.12-0.040.830.830.350.33-0.47
-0.010.690.310.180.360.20.2-0.210.20.41-0.440.240.350.230.0-0.010.380.170.650.43-0.29
-0.380.310.860.950.560.960.960.130.930.62-0.230.970.350.94-0.05-0.050.890.810.450.4-0.53
-0.180.310.920.980.650.990.990.090.990.7-0.070.990.230.94-0.16-0.080.810.840.360.29-0.44
-0.38-0.21-0.28-0.16-0.4-0.12-0.12-0.15-0.19-0.37-0.17-0.120.0-0.05-0.16-0.060.040.01-0.150.17-0.09
-0.2-0.430.05-0.010.15-0.04-0.040.48-0.080.110.35-0.04-0.01-0.05-0.08-0.06-0.4-0.47-0.250.18-0.14
-0.450.390.640.770.290.820.82-0.060.770.37-0.530.830.380.890.810.04-0.40.90.620.38-0.49
-0.260.360.610.780.230.830.83-0.270.810.31-0.340.830.170.810.840.01-0.470.90.40.19-0.35
-0.230.490.320.270.230.330.330.120.30.33-0.730.350.650.450.36-0.15-0.250.620.40.53-0.44
-0.45-0.10.280.30.180.310.320.420.250.22-0.240.330.430.40.290.170.180.380.190.53-0.95
0.50.17-0.39-0.46-0.21-0.47-0.48-0.38-0.4-0.240.17-0.47-0.29-0.53-0.44-0.09-0.14-0.49-0.35-0.44-0.95
Click cells to compare fundamentals

Equinor ASA Account Relationship Matchups

Equinor ASA income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization14.0B15.2B11.4B7.6B10.6B8.5B
Interest Expense1.5B1.4B769M1.4B1.7B1.7B
Total Revenue62.9B45.8B88.7B149.0B106.8B76.5B
Gross Profit20.2B9.5B41.9B88.8B36.7B31.6B
Other Operating Expenses53.8B49.2B55.8B70.8B71.3B56.4B
Operating Income9.3B(2.9B)33.7B78.8B35.5B20.2B
Ebit9.3B(2.9B)33.7B78.8B35.5B20.3B
Ebitda23.2B12.4B45.0B86.4B46.1B28.8B
Cost Of Revenue42.7B36.2B46.9B60.2B70.1B44.9B
Total Operating Expenses11.0B13.0B8.9B10.6B1.2B1.2B
Income Before Tax9.3B(4.3B)31.6B78.6B37.9B19.7B
Total Other Income Expense Net(7M)(1.4B)(2.1B)(207M)2.4B2.5B
Net Income1.8B(5.5B)8.6B28.7B11.9B12.5B
Income Tax Expense7.4B1.2B23.0B49.9B26.0B14.0B
Selling General Administrative809M706M780M986M1.1B885.3M
Net Income Applicable To Common Shares1.8B(5.5B)8.6B28.7B33.1B34.7B
Net Income From Continuing Ops1.9B(5.5B)8.6B28.7B17.2B18.1B
Tax Provision7.4B1.2B23.0B49.9B25.8B16.6B
Interest Income425M237M112M1.2B2.2B2.3B
Net Interest Income(568M)(836M)(657M)(157M)(182M)(191.1M)
Reconciled Depreciation13.2B15.2B11.7B6.4B9.0B8.4B

Equinor ASA Investors Sentiment

The influence of Equinor ASA's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Equinor. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Equinor ASA's public news can be used to forecast risks associated with an investment in Equinor. The trend in average sentiment can be used to explain how an investor holding Equinor can time the market purely based on public headlines and social activities around Equinor ASA ADR. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Equinor ASA's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Equinor ASA's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Equinor ASA's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Equinor ASA.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Equinor ASA in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Equinor ASA's short interest history, or implied volatility extrapolated from Equinor ASA options trading.

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.

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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.
Pair CorrelationCorrelation Matching
When determining whether Equinor ASA ADR is a strong investment it is important to analyze Equinor ASA's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Equinor ASA's future performance. For an informed investment choice regarding Equinor Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Equinor ASA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors.
You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.

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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.