Eni Spa (E) Change in Working Capital (2015 - 2026)
Eni Spa (E) reported Change in Working Capital of $204.78 million for Q3 2026, down 59.7% from $508.54 million a year earlier and down 34.5% from the prior quarter.
Eni Spa (E) Change in Working Capital (2015 - 2026) Analysis & Trends
Over the twelve months ended Sep 30, 2026, Eni Spa's Change in Working Capital came in at $2.02 billion, down 29.4% year-over-year; for FY2025, it came in at $3.09 billion, up 122.0% from FY2024.
- By year, Change in Working Capital came in at $1.39 billion in FY2024 (-28.9%), $1.96 billion in FY2023, -$1.35 billion in FY2022 and -$3.72 billion in FY2021.
- Five-year quarterly Change in Working Capital spans a low of -$2.92 billion in Q1 2022 and a high of $3.47 billion in Q4 2022.
- Year over year, Change in Working Capital gained in three of the last six quarters, with growth averaging 4.6%.
- The high point for year-over-year Change in Working Capital in five years was Q4 2025 (growth of 123.8%); the low point was Q4 2023 (a decline of 79.6%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $312.68 million (Q2 2026), -$950.65 million (Q1 2026) and $2.45 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Change Working Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 682.73 Bn | 640.87 Bn | - | - |
| 2 | Chevron | 412.78 Bn | 379.83 Bn | 31.26 Bn | -538.00 Mn |
| 3 | Shell | 290.86 Bn | 151.13 Bn | - | -638.00 Mn |
| 4 | TotalEnergies SE | 192.45 Bn | 63.53 Bn | 31,614.00 | 921.00 Mn |
| 5 | Eni Spa | 168.57 Bn | 108.20 Bn | - | 204.78 Mn |
| 6 | Conocophillips | 163.59 Bn | 136.29 Bn | 12.81 Bn | - |
| 7 | Equinor Asa | 106.61 Bn | 19.46 Bn | 4.49 Bn | -595.00 Mn |
| 8 | Canadian Natural Resources | 100.53 Bn | 94.43 Bn | 9.35 Bn | - |
| 9 | Phillips 66 | 100.43 Bn | 84.22 Bn | 10.69 Bn | - |
| 10 | Suncor Energy | 82.15 Bn | 62.84 Bn | - | 172.00 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 204.78 Mn |
| Jun 30, 2026 | 312.68 Mn |
| Mar 31, 2026 | -950.65 Mn |
| Dec 31, 2025 | 2.45 Bn |
| Sep 30, 2025 | 508.54 Mn |
| Jun 30, 2025 | 1.33 Bn |
| Mar 31, 2025 | -74.68 Mn |
| Dec 31, 2024 | 1.10 Bn |
| Sep 30, 2024 | 1.43 Bn |
| Jun 30, 2024 | 890.59 Mn |
| Mar 31, 2024 | -2.03 Bn |
| Dec 31, 2023 | 706.89 Mn |
| Sep 30, 2023 | -152.40 Mn |
| Jun 30, 2023 | 1.73 Bn |
| Mar 31, 2023 | -314.49 Mn |
| Dec 31, 2022 | 3.47 Bn |
| Sep 30, 2022 | -842.92 Mn |
| Jun 30, 2022 | -1.32 Bn |
| Mar 31, 2022 | -2.92 Bn |
| Dec 31, 2021 | -677.23 Mn |
Eni Spa Change in Working Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=E&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "change-in-working-capital", "ticker": "E", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=change-in-working-capital&ticker=E&period=max&api_key=YOUR_API_KEY");
const data = await res.json();