Equinor Asa (EQNR) Debt Ratio (2009 - 2026)
Equinor Asa's (EQNR) quarterly Debt Ratio came in at 15.77 in Q2 2026, down 15.54% on a YoY basis from 18.68 in Q2 2025, and down 1.85% quarter-over-quarter from 16.07 in Q1 2026.
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Analysis
Equinor Asa (EQNR) Debt Ratio (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has reported Debt Ratio for 18 consecutive years, with 15.77 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Debt Ratio fell 15.54% year-over-year to 15.77; the trailing twelve-month figure through Jun 2026 stood at 15.77 (down 15.54% YoY), and the FY2025 full-year result was 19.97, up 13425.86% from the prior year.
- Debt Ratio retreated to 15.77 in Q2 2026 per EQNR's latest filing, from 16.07 in the prior quarter.
- Across five years, Debt Ratio topped out at 20.43 in Q3 2025 and bottomed at 0.15 in Q4 2024.
- Historically, Debt Ratio has averaged 10.79 across 5 years, with a median of 15.92 in 2026.
- The sharpest annual moves came in 2022 and 2025: Debt Ratio declined 28.32% in 2022, then surged 13425.86% in 2025.
- Over 5 years, Debt Ratio stood at 0.18 in 2022, then dropped by 7.08% to 0.17 in 2023, then declined by 11.12% to 0.15 in 2024, then soared by 13425.86% to 19.97 in 2025, then decreased by 21.01% to 15.77 in 2026.
- According to Business Quant data, Debt Ratio over the past three periods registered 15.77, 16.07, and 19.97 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 0.08 |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 0.17 |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | 0.20 |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | 0.19 |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | 15.77 |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 0.25 |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | 0.10 |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 0.08 |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 0.17 |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.77 |
| Mar 31, 2026 | 16.07 |
| Dec 31, 2025 | 19.97 |
| Sep 30, 2025 | 20.43 |
| Jun 30, 2025 | 18.68 |
| Mar 31, 2025 | 16.34 |
| Dec 31, 2024 | 0.15 |
| Dec 31, 2023 | 0.17 |
| Dec 31, 2022 | 0.18 |
| Jun 30, 2022 | 0.16 |
| Dec 31, 2021 | 0.22 |
| Jun 30, 2021 | 0.22 |
| Mar 31, 2021 | 0.23 |
| Dec 31, 2020 | 0.25 |
| Jun 30, 2020 | 0.25 |
| Mar 31, 2020 | 0.41 |
| Dec 31, 2019 | 0.19 |
| Sep 30, 2019 | 0.21 |
| Jun 30, 2019 | 0.21 |
| Mar 31, 2019 | 0.22 |