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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginFCF Payout RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on Sales

Equinor Asa (EQNR) Debt to Equity (2016 - 2025)

Equinor Asa filings provide 17 years of Debt to Equity readings, the most recent being $0.69 for Q4 2025.

  • On a quarterly basis, Debt to Equity rose 9.58% to $0.69 in Q4 2025 year-over-year; TTM through Dec 2025 was $0.69, a 9.58% increase, with the full-year FY2025 number at $0.69, up 9.58% from a year prior.
  • Debt to Equity hit $0.69 in Q4 2025 for Equinor Asa, up from $0.63 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.84 in Q4 2021 to a low of $0.53 in Q4 2022.
  • Median Debt to Equity over the past 5 years was $0.66 (2024), compared with a mean of $0.67.
  • Biggest five-year swings in Debt to Equity: grew 10.65% in 2021 and later tumbled 36.98% in 2022.
  • Equinor Asa's Debt to Equity stood at $0.84 in 2021, then plummeted by 36.98% to $0.53 in 2022, then increased by 10.27% to $0.58 in 2023, then grew by 7.86% to $0.63 in 2024, then rose by 9.58% to $0.69 in 2025.
  • The last three reported values for Debt to Equity were $0.69 (Q4 2025), $0.63 (Q4 2024), and $0.58 (Q4 2023) per Business Quant data.