Equinor Asa (EQNR) Equity Ratio (2009 - 2025)

Equinor Asa (EQNR) reported Equity Ratio of 0.31 for Q4 2025, down 4.95% on a YoY basis from 0.32 in Q4 2024, and down 4.95% quarter-over-quarter from 0.32 in Q4 2024.

Equinor Asa (EQNR) Equity Ratio (2009 - 2025) Analysis & Trends

Equinor Asa has reported Equity Ratio for 15 years, with the latest figure at 0.31 in Q4 2025.

  • For the quarter ending Q4 2025, Equity Ratio fell 4.95% year-over-year to 0.31; the trailing twelve-month figure through Dec 2025 stood at 0.31 (down 4.95% YoY), and the FY2025 full-year result was 0.31, down 4.95% from the prior year.
  • Equity Ratio for Q4 2025 stood at 0.31, down from 0.32 in the prior quarter.
  • The five-year high for Equity Ratio was 0.52 in Q2 2021, with the low at 0.27 in Q4 2021.
  • Historically, Equity Ratio has averaged 0.35 across 5 years, with a median of 0.33 in 2023.
  • Annual changes were most pronounced in 2022 — Equity Ratio climbed 29.68% — and 2025, when it decreased 4.95%.
  • Equinor Asa's Equity Ratio stood at 0.27 in 2021, then gained by 29.68% to 0.34 in 2022, then decreased by 1.79% to 0.34 in 2023, then decreased by 4.4% to 0.32 in 2024, then declined by 4.95% to 0.31 in 2025.
  • The last three Equity Ratio figures came in at 0.31 (Q4 2025), 0.32 (Q4 2024), and 0.34 (Q4 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 0.36
2 Exxon Mobil 629.96 Bn 628.14 Bn - 0.55
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -
4 Shell 546.31 Bn 505.07 Bn - 0.46
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 0.57
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 0.50
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 Equinor Asa 1.07 Mn -7.09 Bn - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.31
Dec 31, 2024 0.32
Dec 31, 2023 0.34
Dec 31, 2022 0.34
Dec 31, 2021 0.27
Jun 30, 2021 0.52
Dec 31, 2020 0.27
Dec 31, 2019 0.34
Dec 31, 2018 0.38
Jun 30, 2018 0.36
Dec 31, 2017 0.36
Mar 31, 2017 0.56
Dec 31, 2016 0.34
Dec 31, 2015 0.36
Dec 31, 2014 0.57
Jun 30, 2014 0.58
Mar 31, 2014 0.55
Dec 31, 2013 0.55
Sep 30, 2011 0.36
Jun 30, 2009 0.34