Equinor Asa (EQNR) Debt to Equity (2009 - 2025)
Equinor Asa (EQNR) posted Debt to Equity of $0.69 for Q4 2025, up 9.58% quarter-over-quarter from $0.63 in Q4 2024, and up 9.58% year-on-year from $0.63 in Q4 2024.
Equinor Asa (EQNR) Debt to Equity (2009 - 2025) Analysis & Trends
Equinor Asa (EQNR) has reported Debt to Equity for 16 consecutive years, with $0.69 the latest figure, recorded in Q4 2025.
- Debt to Equity for Q4 2025 came in at $0.69, up 9.58% year-over-year; the trailing twelve-month figure through Dec 2025 was $0.69 (up 9.58% YoY), and the FY2025 annual result was $0.69, up 9.58% from the prior year.
- Debt to Equity was $0.69 for Q4 2025 at Equinor Asa, up from $0.63 in the prior quarter.
- Over five years, Debt to Equity peaked at $0.84 in Q4 2021 and troughed at $0.53 in Q4 2022.
- Average Debt to Equity over 5 years is $0.65, with a median of $0.63 recorded in 2024.
- Year-over-year, Debt to Equity sank 36.98% in 2022 and advanced 10.27% in 2023.
- Over 5 years, Debt to Equity stood at $0.84 in 2021, then sank by 36.98% to $0.53 in 2022, then climbed by 10.27% to $0.58 in 2023, then advanced by 7.86% to $0.63 in 2024, then grew by 9.58% to $0.69 in 2025.
- Per Business Quant data, the three most recent Debt to Equity figures were $0.69 in Q4 2025, $0.63 in Q4 2024, and $0.58 in Q4 2023.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 1.13 |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | - |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 0.52 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 0.03 |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | - |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 0.62 |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 3.88 |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Sky Quarry | 10.63 Mn | 9.79 Mn | -389,218.00 | 0.78 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.63 |
| Dec 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.53 |
| Dec 31, 2020 | 0.99 |
| Dec 31, 2019 | 0.60 |
| Jun 30, 2018 | 0.65 |
| Dec 31, 2016 | 0.90 |
| Dec 31, 2015 | 0.80 |
| Dec 31, 2014 | 0.61 |
| Dec 31, 2013 | 0.51 |
| Jun 30, 2009 | 0.48 |
| Mar 31, 2009 | 0.37 |