Equinor Asa (EQNR) Dividend Coverage Ratio (2009 - 2026)
Equinor Asa's (EQNR) quarterly Dividend Coverage Ratio came in at 3.32 in Q2 2026, down 103.65% on a YoY basis from 90.88 in Q2 2025, and up 17.3% quarter-over-quarter from 4.02 in Q1 2026.
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Analysis
Equinor Asa (EQNR) Dividend Coverage Ratio (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has reported Dividend Coverage Ratio for 18 consecutive years, with 3.32 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Dividend Coverage Ratio fell 103.65% year-over-year to 3.32; the trailing twelve-month figure through Jun 2026 stood at 2.64 (down 142.98% YoY), and the FY2025 full-year result was 1.34, down 25.53% from the prior year.
- Dividend Coverage Ratio climbed to 3.32 in Q2 2026 per EQNR's latest filing, from 4.02 in the prior quarter.
- Across five years, Dividend Coverage Ratio topped out at 0.68 in Q4 2023 and bottomed at 8.09 in Q1 2022.
- Historically, Dividend Coverage Ratio has averaged 2.41 across 5 years, with a median of 1.17 in 2024.
- The sharpest annual moves came in 2025 and 2026: Dividend Coverage Ratio advanced 12.56% in 2025, then plunged 329.02% in 2026.
- Over 5 years, Dividend Coverage Ratio stood at 5.16 in 2022, then soared by 86.8% to 0.68 in 2023, then slumped by 33.08% to 0.91 in 2024, then slumped by 145.81% to 2.23 in 2025, then slumped by 49.15% to 3.32 in 2026.
- According to Business Quant data, Dividend Coverage Ratio over the past three periods registered 3.32, 4.02, and 2.23 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 412.01 Bn | 409.15 Bn | 33.45 Bn | 3.48 |
| 2 | Shell | 263.44 Bn | 223.58 Bn | 30.13 Bn | 5.00 |
| 3 | TotalEnergies SE | 195.33 Bn | 166.15 Bn | 23.46 Bn | 2.60 |
| 4 | Eni Spa | 168.45 Bn | 158.60 Bn | - | -31.31 |
| 5 | Equinor Asa | 105.21 Bn | 95.95 Bn | - | -3.32 |
| 6 | Phillips 66 | 101.74 Bn | 98.84 Bn | 8.38 Bn | 7.64 |
| 7 | Suncor Energy | 80.36 Bn | 74.99 Bn | 17.50 Bn | -5.19 |
| 8 | Imperial Oil | 62.21 Bn | 60.16 Bn | - | 5.20 |
| 9 | Cenovus Energy | 60.98 Bn | 59.03 Bn | 7.32 Bn | -2.46 |
| 10 | Occidental Petroleum | 37.95 Bn | 34.43 Bn | 7.73 Bn | 6.53 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.32 |
| Mar 31, 2026 | -4.02 |
| Dec 31, 2025 | -2.23 |
| Sep 30, 2025 | -0.99 |
| Jun 30, 2025 | -1.63 |
| Mar 31, 2025 | -0.94 |
| Dec 31, 2024 | -0.91 |
| Sep 30, 2024 | -1.13 |
| Jun 30, 2024 | -1.17 |
| Mar 31, 2024 | -1.07 |
| Dec 31, 2023 | -0.68 |
| Jun 30, 2022 | -5.16 |
| Mar 31, 2022 | -8.09 |
| Jun 30, 2021 | -4.98 |
| Mar 31, 2021 | -5.21 |
| Dec 31, 2020 | 8.29 |
| Jun 30, 2020 | 0.28 |
| Mar 31, 2020 | 0.84 |
| Dec 31, 2019 | 0.28 |
| Sep 30, 2019 | 1.29 |