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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 115.40
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 0.10
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 0.10
4 Eni Spa 205.81 Bn 195.97 Bn - 0.17
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - 0.15
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 0.11
8 Imperial Oil 61.22 Bn 60.47 Bn - 0.09
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 0.20
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn 0.28

Historic Data

Download Data
DateValue
Jun 30, 2026 0.15
Mar 31, 2026 0.16
Dec 31, 2025 0.21
Sep 30, 2025 0.20
Jun 30, 2025 0.16
Mar 31, 2025 0.15
Dec 31, 2024 0.20
Dec 31, 2023 0.20
Dec 31, 2022 0.18
Jun 30, 2022 0.20
Dec 31, 2021 0.22
Jun 30, 2021 0.25
Mar 31, 2021 0.26
Dec 31, 2020 0.27
Jun 30, 2020 0.29
Mar 31, 2020 0.25
Dec 31, 2019 0.21
Sep 30, 2019 0.21
Jun 30, 2019 0.25
Mar 31, 2019 0.24