Equinor Asa (EQNR) Debt Ratio (2009 - 2026)
Equinor Asa's (EQNR) Debt Ratio was 4.10 for the quarter ended Dec 31, 2025, compared with 0.20 a year earlier and down 83.4% from the prior quarter.
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Analysis
Equinor Asa (EQNR) Debt Ratio (2009 - 2026) Analysis & Trends
Dating back to the quarter ended Mar 31, 2009, Equinor Asa's Debt Ratio record includes 53 quarters.
- By year, Debt Ratio came in at 0.20 in the year ended Dec 31, 2024 (+3.1%), 0.20 in the year ended Dec 31, 2023 (+9.0%), 0.18 in the year ended Dec 31, 2022 (-18.8%) and 0.22 in the year ended Dec 31, 2021 (-17.8%).
- Five-year quarterly Debt Ratio spans a low of 0.18 in the quarter ended Dec 31, 2022 and a high of 24.68 in the quarter ended Sep 30, 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 0.09 |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 0.17 |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 0.00 |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 0.20 |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 0.21 |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 0.19 |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 0.25 |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 17.84 |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | - |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 0.10 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.84 |
| Mar 31, 2026 | 18.29 |
| Dec 31, 2025 | 22.74 |
| Sep 30, 2025 | 23.44 |
| Jun 30, 2025 | 21.13 |
| Mar 31, 2025 | 18.38 |
| Dec 31, 2024 | 0.20 |
| Dec 31, 2023 | 0.20 |
| Dec 31, 2022 | 0.25 |
| Jun 30, 2022 | 0.26 |
| Dec 31, 2021 | 0.32 |
| Jun 30, 2021 | 0.37 |
| Mar 31, 2021 | 0.38 |
| Dec 31, 2020 | 0.41 |
| Jun 30, 2020 | 0.41 |
| Mar 31, 2020 | 0.33 |
| Dec 31, 2019 | 0.35 |
| Sep 30, 2019 | 0.36 |
| Jun 30, 2019 | 0.36 |
| Mar 31, 2019 | 0.36 |
API Access
Equinor Asa Debt Ratio 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=debt-ratio&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "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=debt-ratio&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();