Equinor Asa (EQNR) FCF Margin (2009 - 2026)

Equinor Asa (EQNR) posted FCF Margin of 29.91% for Q1 2026, up 471.85% quarter-over-quarter from 8.04% in Q4 2025, and up 981.0% year-on-year from 2.77% in Q1 2025.

Equinor Asa (EQNR) FCF Margin (2009 - 2026) Analysis & Trends

Equinor Asa (EQNR) has reported FCF Margin for 18 consecutive years, with 29.91% the latest figure, recorded in Q1 2026.

  • FCF Margin for Q1 2026 came in at 29.91%, up 981.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.46% (up 162.0% YoY), and the FY2025 annual result was 5.65%, down 138.0% from the prior year.
  • FCF Margin was 29.91% for Q1 2026 at Equinor Asa, up from 8.04% in the prior quarter.
  • Over five years, FCF Margin peaked at 49.8% in Q1 2022 and troughed at 8.04% in Q4 2025.
  • Average FCF Margin over 5 years is 17.45%, with a median of 20.3% recorded in 2024.
  • The widest YoY moves for FCF Margin: up 2785 bps in 2025, down 2854 bps in 2025.
  • Over 5 years, FCF Margin stood at 28.12% in 2022, then tumbled by 104 bps to 1.02% in 2023, then surged by 2119 bps to 20.5% in 2024, then sank by 139 bps to 8.04% in 2025, then soared by 472 bps to 29.91% in 2026.
  • Per Business Quant data, the three most recent FCF Margin figures were 29.91% in Q1 2026, 8.04% in Q4 2025, and 11.23% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (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 54.66%
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 11.77%
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 14.74%
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn -3.19%
6 Equinor Asa 77.88 Bn 70.78 Bn - 29.91%
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 18.84%
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 407.92%
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 -
10 Sky Quarry 10.63 Mn 9.79 Mn -389,218.00 -

Historic Data

Download Data
DateValue
Mar 31, 2026 29.91%
Dec 31, 2025 -8.04%
Sep 30, 2025 37.49%
Jun 30, 2025 23.39%
Dec 31, 2024 20.50%
Sep 30, 2024 37.74%
Mar 31, 2024 46.23%
Dec 31, 2023 22.25%
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%
Jun 30, 2019 32.52%
Mar 31, 2019 43.67%
Sep 30, 2018 44.71%
Dec 31, 2017 29.91%