Equinor Asa (EQNR) Capital Leases (2012 - 2026)
Equinor Asa (EQNR) recorded Capital Leases of $4.25 billion in Q3 2026, down 10.8% from $4.76 billion a year earlier and down 37.6% from the prior quarter.
Equinor Asa (EQNR) Capital Leases (2012 - 2026) Analysis & Trends
At the end of FY2025, Equinor Asa reported Capital Leases of $4.05 billion, down 44.0% from FY2024.
- Annual Capital Leases has a five-year compound annual growth rate of -32.6% (FY2020 to FY2025).
- Across earlier years, Capital Leases came in at $7.22 billion in FY2024 (+20.5%), $6 billion in FY2023 (-75.2%), $24.14 billion in FY2022 (-11.9%) and $27.4 billion in FY2021 (-5.9%).
- Quarterly Capital Leases has ranged from $4.05 billion in Q4 2025 to $27.4 billion in Q4 2021 over the past five years.
- On a year-over-year basis, Capital Leases has declined for four consecutive quarters, with an average decline of 11.9% over the last five quarters.
- Peak year-over-year performance for Capital Leases in the last five years was growth of 20.5% in Q4 2024, against a decline of 75.2% in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $6.81 billion (Q2 2026), $5.54 billion (Q1 2026) and $4.05 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 4.25 Bn |
| Jun 30, 2026 | 6.81 Bn |
| Mar 31, 2026 | 5.54 Bn |
| Dec 31, 2025 | 4.05 Bn |
| Sep 30, 2025 | 4.76 Bn |
| Jun 30, 2025 | 8.64 Bn |
| Mar 31, 2025 | 5.78 Bn |
| Dec 31, 2024 | 7.22 Bn |
| Dec 31, 2023 | 6.00 Bn |
| Dec 31, 2022 | 24.14 Bn |
| Dec 31, 2021 | 27.40 Bn |
| Mar 31, 2021 | 2.78 Bn |
| Dec 31, 2020 | 29.12 Bn |
| Jun 30, 2020 | 5.46 Bn |
| Mar 31, 2020 | 4.53 Bn |
| Dec 31, 2019 | 2.94 Bn |
| Sep 30, 2019 | 4.38 Bn |
| Jun 30, 2019 | 4.23 Bn |
| Mar 31, 2019 | 3.40 Bn |
| Dec 31, 2018 | 2.46 Bn |
Equinor Asa Capital Leases 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=capital-leases&ticker=EQNR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "capital-leases", "ticker": "EQNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=capital-leases&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();