Equinor Asa (EQNR) Total Debt (2009 - 2026)
Equinor Asa (EQNR) reported Total Debt of $24.4 billion for Q3 2026, down 11.8% from $27.67 billion a year earlier and down 0.1% from the prior quarter.
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Analysis
Equinor Asa (EQNR) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Equinor Asa posted Total Debt of $27.81 billion, up 4.6% from FY2024.
- Total Debt has a five-year compound annual growth rate of -3.8% (FY2020 to FY2025).
- By year, Total Debt came in at $26.58 billion in FY2024 (-5.8%), $28.23 billion in FY2023 (-1.0%), $28.5 billion in FY2022 (-12.8%) and $32.68 billion in FY2021 (-3.1%).
- The Q3 2026 figure ranks as the lowest quarterly Total Debt since Q1 2025.
- Year over year, Total Debt gained in two of the last five quarters, with an average decline of 1.4%.
- The high point for year-over-year Total Debt in five years was Q1 2026 (growth of 9.5%); the low point was Q4 2022 (a decline of 12.8%).
- Per Business Quant data, the three quarters before Q3 2026 came in at $24.43 billion (Q2 2026), $25.22 billion (Q1 2026) and $27.81 billion (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - | 42.37 Bn |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn | 37.08 Bn |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - | 67.13 Bn |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 | 62.99 Bn |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn | 23.29 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 24.40 Bn |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn | 12.07 Bn |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn | 18.53 Bn |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - | 9.85 Bn |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - | 38.88 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.40 Bn |
| Jun 30, 2026 | 24.43 Bn |
| Mar 31, 2026 | 25.22 Bn |
| Dec 31, 2025 | 27.81 Bn |
| Sep 30, 2025 | 27.67 Bn |
| Jun 30, 2025 | 25.30 Bn |
| Mar 31, 2025 | 23.04 Bn |
| Dec 31, 2024 | 26.58 Bn |
| Dec 31, 2023 | 28.23 Bn |
| Dec 31, 2022 | 28.50 Bn |
| Jun 30, 2022 | 29.84 Bn |
| Dec 31, 2021 | 32.68 Bn |
| Jun 30, 2021 | 31.58 Bn |
| Mar 31, 2021 | 30.78 Bn |
| Dec 31, 2020 | 33.71 Bn |
| Jun 30, 2020 | 32.96 Bn |
| Mar 31, 2020 | 28.52 Bn |
| Dec 31, 2019 | 24.69 Bn |
| Sep 30, 2019 | 42.67 Bn |
| Jun 30, 2019 | 30.49 Bn |
API Access
Equinor Asa Total Debt 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=total-debt&ticker=EQNR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=EQNR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();