Equinor ASA
EQNR Energy Oil & Gas Integrated
Equinor ASA’s revenue for fiscal 2025 (year ended December 2025) was $106.5 billion, up 2.59% from fiscal 2024.
- Revenue
- +27.4%
- EPS
- +1,440.0%
- Free cash flow
- +60.9%
- Total debt
- −4.44%
Quarter to September 2026, against a year earlier
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Equinor ASA (EQNR) Free cash flow
Equinor ASA's free cash flow for fiscal 2025 was $8.4B, unchanged from fiscal 2024. Over the twelve months to 30 September 2026 it was $13.8B. Over the past ten years it has ranged from −$2.4B (fiscal 2016) to $26.4B (fiscal 2022); the current reading is higher than 55% of that period. Free cash flow has fallen for 3 consecutive fiscal years. Equinor ASA ranks 8th of 19 Oil & Gas Integrated companies by free cash flow.
Free cash flow, annual
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Annual newest first
| Period | Free cash flow | Change |
|---|---|---|
| FY2025 | $8.4B | (3.71%) |
| FY2024 | $8.8B | (39.17%) |
| FY2023 | $14.4B | (45.42%) |
| FY2022 | $26.4B | 27.65% |
| FY2021 | $20.7B | 981.94% |
| FY2020 | $1.9B | (46.12%) |
| FY2019 | $3.5B | (64.90%) |
| FY2018 | $10.1B | 126.81% |
| FY2017 | $4.5B | — |
| FY2016 | −$2.4B | — |
Quarterly newest first
| Period | Free cash flow | Change |
|---|---|---|
| Sep 2026 | $4.0B | (44.40%) |
| Jun 2026 | $7.2B | 245.45% |
| Mar 2026 | $2.1B | 404.09% |
| Dec 2025 | $416.0M | (83.38%) |
| 43 more quarters | Free account |
Against its own ten years
Free cash flow against peers
| Company | Free cash flow |
|---|---|
| SHEL Shell PLC Unsponsored ADR compare | $40.4B |
| BP BP p.l.c. compare | $24.5B |
| TTE TotalEnergies SE Sponsored ADR compare | $23.9B |
| PBR Petroleo Brasileiro S.A.- Petrobras compare | $20.7B |
| PBR.A Petroleo Brasileiro S.A.- Petrobras compare | $20.7B |
| EQNR Equinor ASA | $13.8B |
| CVE Cenovus Energy Inc compare | $8.9B |
| E Eni SpA compare | $5.9B |
| EC Ecopetrol S.A. compare | $5.0B |
What Free cash flow is
Free Cash Flow tells an investor how much cash a company’s operations generate after paying for its investment in physical and intangible assets.
Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)
More on EQNR
- Revenue
- Net income
- EPS (diluted)
- EBITDA
- Operating cash flow
- Gross margin
- Operating margin
- Net margin
- Free cash flow margin
- P/E ratio
- P/S ratio
- P/B ratio
- Price to free cash flow
- EV/EBITDA
- EV/Sales
- EV/FCF
- Return on equity
- Return on assets
- Return on invested capital
- Debt to equity
- Current ratio
- Total debt
- Shares outstanding
- Book value per share
- Revenue growth
- Piotroski F-score
- Altman Z-score
- Beneish M-score
- The full statement