Equinor Asa (EQNR) Debt Ratio (2009 - 2026)
Equinor Asa's (EQNR) quarterly Debt Ratio came in at 0.15 in Q2 2026, down 4.65% YoY from 0.16 in Q2 2025, and down 2.39% on a QoQ basis from 0.16 in Q1 2026.
Analysis
Equinor Asa (EQNR) Debt Ratio (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has 18 years of Debt Ratio data on file, last reported at 0.15 in Q2 2026.
- Quarterly Debt Ratio fell 4.65% year-over-year to 0.15 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.15 (down 4.65% YoY) and the FY2025 annual result came in at 0.21, up 4.15% from the prior year.
- Debt Ratio retreated to 0.15 in Q2 2026, from 0.16 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.21 in Q4 2025 to a low of 0.15 in Q1 2025.
- A 5-year average of 0.18 and a median of 0.19 in 2022 frame the typical range for Debt Ratio.
- Annual changes were most pronounced in 2022 — Debt Ratio declined 20.87% — and 2023, when it advanced 9.0%.
- Tracing EQNR's Debt Ratio over 5 years: stood at 0.18 in 2022, then climbed by 9.0% to 0.2 in 2023, then increased by 3.12% to 0.2 in 2024, then gained by 4.15% to 0.21 in 2025, then fell by 27.41% to 0.15 in 2026.
- The last three Debt Ratio figures came in at 0.15 (Q2 2026), 0.16 (Q1 2026), and 0.21 (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 0.19 |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 0.08 |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 0.20 |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 0.18 |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 0.17 |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 0.10 |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 0.08 |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 0.13 |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 0.26 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.17 |
| Mar 31, 2026 | 0.18 |
| Dec 31, 2025 | 0.21 |
| Sep 30, 2025 | 0.19 |
| Jun 30, 2025 | 0.18 |
| Mar 31, 2025 | 0.17 |
| 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 |