Equinor Asa (EQNR) Interest Expenses (2011 - 2025)
Equinor Asa's (EQNR) quarterly Interest Expenses came in at -$394.0 million in Q4 2025, up 1.75% on a YoY basis from -$387.2 million in Q4 2024, and down 7.65% quarter-over-quarter from -$366.0 million in Q3 2025.
Analysis
Equinor Asa (EQNR) Interest Expenses (2011 - 2025) Analysis & Trends
Equinor Asa (EQNR) has reported Interest Expenses for 8 consecutive years, with -$394.0 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Interest Expenses rose 1.75% year-over-year to -$394.0 million; the trailing twelve-month figure through Dec 2025 stood at -$1.5 billion (down 10.85% YoY), and the FY2025 full-year result was -$1.4 billion, up 9.23% from the prior year.
- Interest Expenses declined to -$394.0 million in Q4 2025 per EQNR's latest filing, from -$366.0 million in the prior quarter.
- Across five years, Interest Expenses topped out at -$266.0 million in Q1 2022 and bottomed at -$624.0 million in Q1 2021.
- Historically, Interest Expenses has averaged -$378.1 million across 4 years, with a median of -$366.0 million in 2025.
- The sharpest annual moves came in 2021 and 2022: Interest Expenses soared 59.89% in 2021, then fell 7.57% in 2022.
- Over 4 years, Interest Expenses stood at -$304.0 million in 2021, then retreated by 7.57% to -$327.0 million in 2022, then fell by 22.63% to -$401.0 million in 2024, then gained by 1.75% to -$394.0 million in 2025.
- According to Business Quant data, Interest Expenses over the past three periods registered -$394.0 million, -$366.0 million, and -$351.0 million for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 417.01 Bn | 408.48 Bn | 33.45 Bn | 352.00 Mn |
| 2 | Shell | 282.76 Bn | 241.90 Bn | 30.13 Bn | 1.11 Bn |
| 3 | TotalEnergies SE | 232.43 Bn | 200.71 Bn | 23.46 Bn | -279.00 Mn |
| 4 | Eni Spa | 167.27 Bn | 151.69 Bn | - | -2.40 Bn |
| 5 | Equinor Asa | 114.69 Bn | 105.36 Bn | - | - |
| 6 | Phillips 66 | 106.05 Bn | 101.95 Bn | 8.38 Bn | 314.00 Mn |
| 7 | Suncor Energy | 83.98 Bn | 78.60 Bn | 17.50 Bn | - |
| 8 | Imperial Oil | 63.06 Bn | 61.00 Bn | - | 10.12 Mn |
| 9 | Occidental Petroleum | 59.24 Bn | 55.09 Bn | 7.73 Bn | 108.00 Mn |
| 10 | Cenovus Energy | 58.88 Bn | 56.91 Bn | 7.32 Bn | 118.32 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | -394.00 Mn |
| Sep 30, 2025 | -366.00 Mn |
| Jun 30, 2025 | -351.00 Mn |
| Dec 31, 2024 | -401.00 Mn |
| Sep 30, 2024 | -370.00 Mn |
| Jun 30, 2022 | -327.00 Mn |
| Mar 31, 2022 | -266.00 Mn |
| Jun 30, 2021 | -304.00 Mn |
| Mar 31, 2021 | -624.00 Mn |
| Dec 31, 2020 | -326.00 Mn |
| Jun 30, 2020 | -758.00 Mn |
| Mar 31, 2020 | -688.00 Mn |
| Dec 31, 2019 | -421.00 Mn |
| Jun 30, 2019 | -660.00 Mn |
| Mar 31, 2019 | -356.00 Mn |
| Sep 30, 2013 | 1.44 Bn |
| Mar 31, 2013 | 507.45 Mn |
| Dec 31, 2011 | 207.00 Mn |