Equinor ASA Market Cap ($117.55 Billion)

$117.55 Billion USD  · Nkr1.12 Trillion NOK  · Rank #205

Market Cap & Net Worth: Equinor ASA (EQNR)

Equinor ASA market cap. Equinor ASA (OL:EQNR) has a market capitalization of $117.55 Billion (Nkr1.12 Trillion) as of November 1, 2026. Listed on the OL stock exchange, this Norway-based company holds position #205 globally and #1 in its home market, demonstrating a 3.64% increase in market value over the past year.

Market capitalization, also known as net worth in stock markets, is calculated by multiplying Equinor ASA's stock price Nkr447.50 by its total outstanding shares 2496302125 (2.50 Billion). Also see Equinor ASA (EQNR) cash conversion ratio for how efficiently the company converts equity into cash flow.

Equinor ASA Market Cap History (2015–2026)

Equinor ASA market cap history from 2015 to 2026. Data shows growth from $18.97 Billion to $117.55 Billion (16.74% CAGR). Check EQNR live share price for real-time trading data and today's change.

Index Memberships

Equinor ASA is a constituent of 3 market indices:

Index Total Market Cap Weight (%) Rank by Market Cap
STOXX Europe Large 200 EUR Price
LCXP
$7.24 Trillion 1.62% #19 of 182
STOXX Europe Large 200 Net Return
LCXR
$7.24 Trillion 1.62% #19 of 182
EuroNext 100
N100
$3.62 Trillion 3.25% #6 of 97

Weight: Equinor ASA's market cap as a percentage of total index value. Rank: Position among all constituents by market cap.

Equinor ASA Market Cap to Earnings & Revenue Ratios Timeline

This chart shows how Equinor ASA's valuation ratios have evolved. The Price to Sales (P/S) ratio compares market cap to revenue, while the Price to Earnings (P/E) ratio compares market cap to net income. Lower values may indicate a more undervalued company relative to its financial performance. Explore how fast is Equinor ASA growing its equity to track how rapidly the company is growing its equity base year over year.

Latest Price to Sales (P/S) Ratio

0.59x

Equinor ASA's market cap is 0.59 times its annual revenue

Industry average: 0.64x Lower than industry average

Latest Price to Earnings (P/E) Ratio

12.35x

Equinor ASA's market cap is 12.35 times its annual earnings

Industry average: 429.45x Lower than industry average

What These Ratios Tell Investors:

  • Price to Sales (P/S) Ratio: Shows how much investors are paying for each dollar of the company's sales. Lower P/S ratios may indicate undervaluation.
  • Price to Earnings (P/E) Ratio: Shows how much investors are paying for each dollar of the company's earnings. This is one of the most common valuation metrics.
  • Trends in these ratios over time can indicate changing investor sentiment about the company's future growth prospects.
  • Industry comparison provides context for whether the company is valued higher or lower than peers.
Year Market Cap (USD) Revenue (USD) Net Income (USD) P/S Ratio P/E Ratio
2016 $25.71 Billion $45.69 Billion -$2.92 Billion 0.56x N/A
2017 $29.82 Billion $60.97 Billion $4.59 Billion 0.49x 6.50x
2018 $32.44 Billion $78.56 Billion $7.54 Billion 0.41x 4.31x
2019 $32.64 Billion $62.91 Billion $1.84 Billion 0.52x 17.71x
2020 $28.51 Billion $45.75 Billion -$5.50 Billion 0.62x N/A
2021 $47.62 Billion $88.74 Billion $8.56 Billion 0.54x 5.56x
2022 $74.62 Billion $149.00 Billion $28.75 Billion 0.50x 2.60x
2023 $76.60 Billion $106.85 Billion $11.88 Billion 0.72x 6.44x
2024 $69.72 Billion $102.50 Billion $8.81 Billion 0.68x 7.92x
2025 $62.26 Billion $105.83 Billion $5.04 Billion 0.59x 12.35x

Competitor Companies of EQNR by Market Capitalization

Companies near Equinor ASA in the global market cap rankings as of November 1, 2026. Also see Equinor ASA total assets for a full breakdown of the balance sheet.

Key companies related to Equinor ASA by market ranking:

  • Exxon Mobil Corp (NYSE:XOM): Ranked #27 globally with a market cap of $637.68 Billion USD.
  • Chevron Corp (NYSE:CVX): Ranked #42 globally with a market cap of $361.71 Billion USD.
  • PetroChina Co Ltd Class A (SHG:601857): Ranked #48 globally with a market cap of $327.93 Billion USD ( CN¥2.24 Trillion CNY).
  • Shell PLC ADR (NYSE:SHEL): Ranked #83 globally with a market cap of $239.42 Billion USD.
Market capitalization comparison (in billions USD)
Rank Company Symbol Market Cap Price
#27 Exxon Mobil Corp NYSE:XOM $637.68 Billion $187.25
#42 Chevron Corp NYSE:CVX $361.71 Billion $235.52
#48 PetroChina Co Ltd Class A SHG:601857 $327.93 Billion CN¥13.84
#83 Shell PLC ADR NYSE:SHEL $239.42 Billion $89.27

Market Capitalization of Equinor ASA (2015–2026)

Market capitalization of Equinor ASA from 2015 to today. Between 2015 and today, Equinor ASA's market cap moved from $18.97 Billion to $ 117.55 Billion, with a yearly change of 16.74%.

Year Market Cap Change (%)
2026 Nkr117.55 Billion +88.82%
2025 Nkr62.26 Billion -10.70%
2024 Nkr69.72 Billion -8.98%
2023 Nkr76.60 Billion +2.65%
2022 Nkr74.62 Billion +56.68%
2021 Nkr47.62 Billion +67.05%
2020 Nkr28.51 Billion -12.65%
2019 Nkr32.64 Billion +0.60%
2018 Nkr32.44 Billion +8.81%
2017 Nkr29.82 Billion +15.95%
2016 Nkr25.71 Billion +35.53%
2015 Nkr18.97 Billion --

End of Day Market Cap According to Different Sources

On Oct 31st, 2026 the market cap of Equinor ASA was reported to be:

Source Market Cap
Yahoo Finance $117.55 Billion USD
MoneyControl $117.55 Billion USD
MarketWatch $117.55 Billion USD
marketcap.company $117.55 Billion USD
Reuters $117.55 Billion USD

Market cap values may vary slightly between sources due to differences in calculation methods, timing, and data refresh rates.

About Equinor ASA

OL:EQNR Norway Oil & Gas Integrated
Market Cap
$117.55 Billion
Nkr1.12 Trillion NOK
Market Cap Rank
#205 Global
#1 in Norway
Share Price
Nkr447.50
Change (1 day)
+2.78%
52-Week Range
Nkr227.00 - Nkr453.80
All Time High
Nkr453.80
About

Equinor ASA, an energy company, engages in the exploration, production, transportation, refining, and marketing of petroleum and other forms of energy in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; Renewables; and Other segments. The company develops carbon… Read more