Equinor Asa (EQNR) Invested Capital (2009 - 2025)

Equinor Asa's (EQNR) quarterly Invested Capital came in at $43.3 billion in Q4 2025, down 3.23% YoY from $44.8 billion in Q4 2024, and up 809.91% on a QoQ basis from $4.8 billion in Q3 2025.

Equinor Asa (EQNR) Invested Capital (2009 - 2025) Analysis & Trends

Equinor Asa (EQNR) has 17 years of Invested Capital data on file, last reported at $43.3 billion in Q4 2025.

  • Quarterly Invested Capital fell 3.23% year-over-year to $43.3 billion in Q4 2025, while the trailing twelve-month figure through Jun 2026 was $48.1 billion (up 7.41% YoY) and the FY2025 annual result came in at $43.3 billion, down 3.23% from the prior year.
  • Invested Capital rose to $43.3 billion in Q4 2025, from $4.8 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $51.1 billion in Q4 2022 to a low of $2.8 billion in Q1 2021.
  • A 5-year average of $25.5 billion and a median of $27.4 billion in 2021 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2021 — Invested Capital slumped 50.36% — and 2022, when it surged 86.62%.
  • Tracing EQNR's Invested Capital over 5 years: stood at $27.4 billion in 2021, then surged by 86.62% to $51.1 billion in 2022, then fell by 9.74% to $46.2 billion in 2023, then fell by 3.0% to $44.8 billion in 2024, then fell by 3.23% to $43.3 billion in 2025.
  • The last three Invested Capital figures came in at $43.3 billion (Q4 2025), $4.8 billion (Q3 2025), and $44.8 billion (Q4 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.63 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 14.53 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 39.60 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 3.13 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 713.89 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 13.85 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 13.18 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -

Historic Data

Download Data
DateValue
Dec 31, 2025 43.33 Bn
Sep 30, 2025 4.76 Bn
Dec 31, 2024 44.78 Bn
Dec 31, 2023 46.16 Bn
Dec 31, 2022 51.14 Bn
Jun 30, 2022 5.78 Bn
Dec 31, 2021 27.40 Bn
Jun 30, 2021 3.46 Bn
Mar 31, 2021 2.78 Bn
Dec 31, 2020 29.12 Bn
Jun 30, 2020 4.32 Bn
Mar 31, 2020 5.61 Bn
Dec 31, 2019 21.75 Bn
Jun 30, 2019 4.23 Bn
Mar 31, 2019 3.40 Bn
Dec 31, 2018 25.73 Bn
Sep 30, 2018 1.82 Bn
Jun 30, 2018 2.61 Bn
Mar 31, 2018 3.22 Bn
Dec 31, 2017 28.56 Bn