Equinor Asa (EQNR) FCF Margin (2009 - 2026)
Equinor Asa's (EQNR) quarterly FCF Margin came in at 35.09% in Q2 2026, up 3876.0% YoY from 0.88% in Q2 2025, and up 17.29% on a QoQ basis from 29.91% in Q1 2026.
Equinor Asa (EQNR) FCF Margin (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has 18 years of FCF Margin data on file, last reported at 35.09% in Q2 2026.
- Quarterly FCF Margin rose 3876.0% year-over-year to 35.09% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 26.09% (up 167.0% YoY) and the FY2025 annual result came in at 5.61%, down 141.0% from the prior year.
- FCF Margin rose to 35.09% in Q2 2026, from 29.91% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 49.8% in Q1 2022 to a low of 3.67% in Q2 2025.
- A 5-year average of 24.63% and a median of 26.48% in 2024 frame the typical range for FCF Margin.
- Annual changes were most pronounced in 2025 — FCF Margin plunged 2651 bps — and 2026, when it soared 3876 bps.
- Tracing EQNR's FCF Margin over 5 years: stood at 28.12% in 2022, then tumbled by 95 bps to 1.39% in 2023, then surged by 1378 bps to 20.5% in 2024, then grew by 20 bps to 24.67% in 2025, then jumped by 42 bps to 35.09% in 2026.
- The last three FCF Margin figures came in at 35.09% (Q2 2026), 29.91% (Q1 2026), and 24.67% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 152,761.90% |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 2.63% |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | -3.19% |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 7.11% |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 12.08% |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 35.09% |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 23.03% |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 2.26% |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 11.60% |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | 37.71% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 35.09% |
| Mar 31, 2026 | 29.91% |
| Dec 31, 2025 | 24.67% |
| Sep 30, 2025 | 11.23% |
| Jun 30, 2025 | -3.67% |
| Mar 31, 2025 | 40.33% |
| Dec 31, 2024 | 20.50% |
| Sep 30, 2024 | 37.74% |
| Jun 30, 2024 | 18.64% |
| Mar 31, 2024 | 26.48% |
| Dec 31, 2023 | 1.39% |
| Jun 30, 2022 | 28.12% |
| Mar 31, 2022 | 49.80% |
| Jun 30, 2021 | 48.27% |
| Mar 31, 2021 | 50.44% |
| Dec 31, 2020 | 40.81% |
| Jun 30, 2020 | 29.97% |
| Mar 31, 2020 | 49.07% |
| Dec 31, 2019 | 30.03% |
| Sep 30, 2019 | 46.36% |