Equinor Asa (EQNR) Operating Leases (2019 - 2026)
Equinor Asa's (EQNR) quarterly Operating Leases came in at $2.6 billion in Q2 2026, up 23.32% on a YoY basis from $2.1 billion in Q2 2025, and down 4.51% quarter-over-quarter from $2.8 billion in Q1 2026.
Analysis
Equinor Asa (EQNR) Operating Leases (2019 - 2026) Analysis & Trends
Equinor Asa (EQNR) has reported Operating Leases for 8 consecutive years, with $2.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Leases rose 23.32% year-over-year to $2.6 billion; the trailing twelve-month figure through Jun 2026 stood at $2.6 billion (up 23.32% YoY), and the FY2025 full-year result was $2.2 billion, down 1.77% from the prior year.
- Operating Leases fell to $2.6 billion in Q2 2026 per EQNR's latest filing, from $2.8 billion in the prior quarter.
- Across five years, Operating Leases topped out at $3.7 billion in Q4 2022 and bottomed at $2.1 billion in Q2 2025.
- Historically, Operating Leases has averaged $2.5 billion across 5 years, with a median of $2.3 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Leases jumped 49.78% in 2022, then slumped 37.57% in 2023.
- Over 5 years, Operating Leases stood at $3.7 billion in 2022, then tumbled by 37.57% to $2.3 billion in 2023, then dropped by 1.27% to $2.3 billion in 2024, then decreased by 1.77% to $2.2 billion in 2025, then advanced by 19.27% to $2.6 billion in 2026.
- According to Business Quant data, Operating Leases over the past three periods registered $2.6 billion, $2.8 billion, and $2.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (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 |
|---|---|
| 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 | 3.67 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 |