Equinor Asa (EQNR) Operating Leases (2019 - 2026)
Equinor Asa (EQNR) reported Operating Leases of $2.65 billion for the quarter ended Jun 30, 2026, up 23.3% from $2.15 billion a year earlier but down 4.5% from the prior quarter.
Powered by 
Analysis
Equinor Asa (EQNR) Operating Leases (2019 - 2026) Analysis & Trends
As of Dec 31, 2025, Equinor Asa posted Operating Leases of $2.22 billion, down 1.8% from the prior year.
- Operating Leases has declined for five consecutive years, with a five-year compound annual growth rate of -7.2% (years ended Dec 2020 to Dec 2025).
- By year, Operating Leases came in at $2.26 billion in the year ended Dec 31, 2024 (-1.3%), $2.29 billion in the year ended Dec 31, 2023 (-4.9%), $2.41 billion in the year ended Dec 31, 2022 (-1.6%) and $2.45 billion in the year ended Dec 31, 2021 (-23.9%).
- Five-year quarterly Operating Leases spans a low of $2.15 billion in the quarter ended Jun 30, 2025 and a high of $2.77 billion in the quarter ended Mar 31, 2026.
- Year over year, Operating Leases gained in two of the last four quarters, with growth averaging 11.0%.
- The high point for year-over-year Operating Leases in five years was the quarter ended Mar 31, 2026 (growth of 23.8%); the low point was the quarter ended Dec 31, 2021 (a decline of 23.9%).
- Per Business Quant data, the three quarters before the quarter ended Jun 30, 2026 came in at $2.77 billion (quarter ended Mar 31, 2026), $2.22 billion (quarter ended Dec 31, 2025) and $2.17 billion (quarter ended Sep 30, 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.65 Bn |
| Mar 31, 2026 | 2.77 Bn |
| Dec 31, 2025 | 2.22 Bn |
| Sep 30, 2025 | 2.17 Bn |
| Jun 30, 2025 | 2.15 Bn |
| Mar 31, 2025 | 2.24 Bn |
| Dec 31, 2024 | 2.26 Bn |
| Dec 31, 2023 | 2.29 Bn |
| Dec 31, 2022 | 2.41 Bn |
| Jun 30, 2022 | 2.32 Bn |
| Dec 31, 2021 | 2.45 Bn |
| Jun 30, 2021 | 2.80 Bn |
| Mar 31, 2021 | 3.01 Bn |
| Dec 31, 2020 | 3.22 Bn |
| Jun 30, 2020 | 3.02 Bn |
| Mar 31, 2020 | 2.83 Bn |
| Dec 31, 2019 | 3.19 Bn |
| Mar 31, 2019 | 4.77 Bn |
API Access
Equinor Asa Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "EQNR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();