Equinor Asa (EQNR) Total Debt (2009 - 2026)
Equinor Asa (EQNR) reported Total Debt of $4.88 billion for the quarter ended Dec 31, 2025, down 81.6% from $26.58 billion a year earlier and down 82.4% from the prior quarter.
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Analysis
Equinor Asa (EQNR) Total Debt (2009 - 2026) Analysis & Trends
Dating back to the quarter ended Mar 31, 2009, Equinor Asa's Total Debt record includes 53 quarters.
- Total Debt has declined for five consecutive years, with a five-year compound annual growth rate of -32.1% (years ended Dec 2020 to Dec 2025).
- By year, Total Debt came in at $26.58 billion in the year ended Dec 31, 2024 (-5.8%), $28.23 billion in the year ended Dec 31, 2023 (-1.0%), $28.5 billion in the year ended Dec 31, 2022 (-12.8%) and $32.68 billion in the year ended Dec 31, 2021 (-3.1%).
- The figure for the quarter ended Dec 31, 2025 ranks as the lowest quarterly Total Debt since the quarter ended Sep 30, 2018.
- The high point for year-over-year Total Debt in five years was the quarter ended Jun 30, 2021 (growth of 183.7%); the low point was the quarter ended Dec 31, 2025 (a decline of 81.6%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 42.37 Bn |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 65.60 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 401.00 Mn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 62.71 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 36.67 Bn |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 23.29 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 20.57 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 24.43 Bn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 12.56 Bn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 9.85 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 24.43 Bn |
| Mar 31, 2026 | 25.22 Bn |
| Dec 31, 2025 | 27.06 Bn |
| Sep 30, 2025 | 26.28 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 | 39.77 Bn |
| Jun 30, 2022 | 39.88 Bn |
| Dec 31, 2021 | 47.30 Bn |
| Jun 30, 2021 | 47.00 Bn |
| Mar 31, 2021 | 45.81 Bn |
| Dec 31, 2020 | 51.69 Bn |
| Jun 30, 2020 | 46.73 Bn |
| Mar 31, 2020 | 34.85 Bn |
| Dec 31, 2019 | 41.50 Bn |
| Sep 30, 2019 | 42.67 Bn |
| Jun 30, 2019 | 44.16 Bn |
| Mar 31, 2019 | 43.53 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();