Equinor Asa (EQNR) Operating Interest Expenses (2019 - 2025)
Equinor Asa's (EQNR) quarterly Operating 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) Operating Interest Expenses (2019 - 2025) Analysis & Trends
Equinor Asa (EQNR) has reported Operating Interest Expenses for 5 consecutive years, with -$394.0 million the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Operating 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 7.31% YoY), and the FY2025 full-year result was -$1.4 billion, up 9.23% from the prior year.
- Operating 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, Operating Interest Expenses topped out at -$312.0 million in Q1 2021 and bottomed at -$401.0 million in Q4 2024.
- Historically, Operating Interest Expenses has averaged -$365.7 million across 3 years, with a median of -$368.0 million in 2024.
- The sharpest annual moves came in 2021 and 2025: Operating Interest Expenses grew 9.3% in 2021, then gained 1.08% in 2025.
- Over 3 years, Operating Interest Expenses stood at -$312.0 million in 2021, then declined by 28.53% to -$401.0 million in 2024, then gained by 1.75% to -$394.0 million in 2025.
- According to Business Quant data, Operating 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) | Op. Interest Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | - |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | - |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | - |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | - |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | - |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | - |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | - |
| 9 | Cenovus Energy | 61.44 Bn | 59.48 Bn | 7.32 Bn | - |
| 10 | Occidental Petroleum | 58.81 Bn | 55.30 Bn | 7.73 Bn | - |
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 |
| Mar 31, 2021 | -312.00 Mn |
| Dec 31, 2020 | -326.00 Mn |
| Jun 30, 2020 | -379.00 Mn |
| Mar 31, 2020 | -344.00 Mn |
| Dec 31, 2019 | -421.00 Mn |
| Jun 30, 2019 | -330.00 Mn |
| Mar 31, 2019 | -356.00 Mn |