Equinor Asa (EQNR) Invested Capital (2009 - 2026)
Equinor Asa's (EQNR) quarterly Invested Capital came in at $64.7 billion in Q2 2026, up 0.59% on a YoY basis from $64.3 billion in Q2 2025, and down 1.64% quarter-over-quarter from $65.7 billion in Q1 2026.
Analysis
Equinor Asa (EQNR) Invested Capital (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has reported Invested Capital for 18 consecutive years, with $64.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Invested Capital rose 0.59% year-over-year to $64.7 billion; the trailing twelve-month figure through Jun 2026 stood at $64.7 billion (up 0.59% YoY), and the FY2025 full-year result was $64.2 billion, up 3.96% from the prior year.
- Invested Capital fell to $64.7 billion in Q2 2026 per EQNR's latest filing, from $65.7 billion in the prior quarter.
- Across five years, Invested Capital topped out at $82.2 billion in Q4 2022 and bottomed at $61.7 billion in Q4 2024.
- Historically, Invested Capital has averaged $67.0 billion across 5 years, with a median of $65.0 billion in 2022.
- The sharpest annual moves came in 2022 and 2024: Invested Capital increased 15.79% in 2022, then dropped 14.66% in 2024.
- Over 5 years, Invested Capital stood at $82.2 billion in 2022, then declined by 12.02% to $72.3 billion in 2023, then dropped by 14.66% to $61.7 billion in 2024, then climbed by 3.96% to $64.2 billion in 2025, then increased by 0.73% to $64.7 billion in 2026.
- According to Business Quant data, Invested Capital over the past three periods registered $64.7 billion, $65.7 billion, and $64.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | 220.96 Bn |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 245.32 Bn |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | 193.66 Bn |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | 98.69 Bn |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | 64.66 Bn |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | 53.27 Bn |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 58.02 Bn |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | 20.63 Bn |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | 22.68 Bn |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | 56.12 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 64.66 Bn |
| Mar 31, 2026 | 65.73 Bn |
| Dec 31, 2025 | 64.19 Bn |
| Sep 30, 2025 | 63.43 Bn |
| Jun 30, 2025 | 64.28 Bn |
| Mar 31, 2025 | 66.32 Bn |
| Dec 31, 2024 | 61.74 Bn |
| Dec 31, 2023 | 72.35 Bn |
| Dec 31, 2022 | 82.24 Bn |
| Jun 30, 2022 | 65.27 Bn |
| Dec 31, 2021 | 71.02 Bn |
| Jun 30, 2021 | 65.15 Bn |
| Mar 31, 2021 | 63.76 Bn |
| Dec 31, 2020 | 64.72 Bn |
| Jun 30, 2020 | 64.22 Bn |
| Mar 31, 2020 | 79.33 Bn |
| Dec 31, 2019 | 63.36 Bn |
| Sep 30, 2019 | 65.38 Bn |
| Jun 30, 2019 | 71.28 Bn |
| Mar 31, 2019 | 71.50 Bn |