Equinor Asa (EQNR) Total Debt (2009 - 2026)
Equinor Asa's (EQNR) quarterly Total Debt came in at $21.6 billion in Q2 2026, down 3.41% on a YoY basis from $22.4 billion in Q2 2025, and down 2.56% quarter-over-quarter from $22.2 billion in Q1 2026.
Analysis
Equinor Asa (EQNR) Total Debt (2009 - 2026) Analysis & Trends
Equinor Asa (EQNR) has reported Total Debt for 18 consecutive years, with $21.6 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 3.41% year-over-year to $21.6 billion; the trailing twelve-month figure through Jun 2026 stood at $21.6 billion (down 3.41% YoY), and the FY2025 full-year result was $23.8 billion, up 22.74% from the prior year.
- Total Debt fell to $21.6 billion in Q2 2026 per EQNR's latest filing, from $22.2 billion in the prior quarter.
- Across five years, Total Debt topped out at $28.2 billion in Q4 2022 and bottomed at $19.4 billion in Q4 2024.
- Historically, Total Debt has averaged $22.9 billion across 5 years, with a median of $22.6 billion in 2025.
- The sharpest annual moves came in 2024 and 2025: Total Debt decreased 18.82% in 2024, then gained 22.74% in 2025.
- Over 5 years, Total Debt stood at $28.2 billion in 2022, then fell by 15.57% to $23.8 billion in 2023, then retreated by 18.82% to $19.4 billion in 2024, then gained by 22.74% to $23.8 billion in 2025, then fell by 9.13% to $21.6 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $21.6 billion, $22.2 billion, and $23.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 413.73 Bn | 410.87 Bn | 33.45 Bn | 25.40 Bn |
| 2 | Shell | 269.64 Bn | 229.78 Bn | 30.13 Bn | 64.53 Bn |
| 3 | TotalEnergies SE | 200.34 Bn | 171.16 Bn | 23.46 Bn | 62.71 Bn |
| 4 | Eni Spa | 171.91 Bn | 162.06 Bn | - | 32.52 Bn |
| 5 | Equinor Asa | 110.26 Bn | 101.00 Bn | - | 21.59 Bn |
| 6 | Phillips 66 | 108.93 Bn | 106.03 Bn | 8.38 Bn | 20.57 Bn |
| 7 | Suncor Energy | 82.82 Bn | 77.45 Bn | 17.50 Bn | 9.85 Bn |
| 8 | Imperial Oil | 62.85 Bn | 60.80 Bn | - | 2.88 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 | 13.74 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.59 Bn |
| Mar 31, 2026 | 22.16 Bn |
| Dec 31, 2025 | 23.76 Bn |
| Sep 30, 2025 | 22.90 Bn |
| Jun 30, 2025 | 22.36 Bn |
| Mar 31, 2025 | 20.50 Bn |
| Dec 31, 2024 | 19.36 Bn |
| Dec 31, 2023 | 23.85 Bn |
| Dec 31, 2022 | 28.25 Bn |
| Jun 30, 2022 | 24.06 Bn |
| Dec 31, 2021 | 32.01 Bn |
| Jun 30, 2021 | 28.11 Bn |
| Mar 31, 2021 | 27.99 Bn |
| Dec 31, 2020 | 30.83 Bn |
| Jun 30, 2020 | 28.63 Bn |
| Mar 31, 2020 | 43.00 Bn |
| Dec 31, 2019 | 22.22 Bn |
| Sep 30, 2019 | 24.40 Bn |
| Jun 30, 2019 | 26.26 Bn |
| Mar 31, 2019 | 26.40 Bn |