Equinor Asa (STOHF) Debt to Equity (2009 - 2025)
Equinor Asa (STOHF) reported Debt to Equity of $0.69 for Q4 2025, up 9.58% on a YoY basis from $0.63 in Q4 2024, and up 9.58% quarter-over-quarter from $0.63 in Q4 2024.
Equinor Asa (STOHF) Debt to Equity (2009 - 2025) Analysis & Trends
Equinor Asa has reported Debt to Equity for 15 years, with the latest figure at $0.69 in Q4 2025.
- For the quarter ending Q4 2025, Debt to Equity rose 9.58% year-over-year to $0.69; the trailing twelve-month figure through Dec 2025 stood at $0.69 (up 9.58% YoY), and the FY2025 full-year result was $0.69, up 9.58% from the prior year.
- Debt to Equity for Q4 2025 stood at $0.69, up from $0.63 in the prior quarter.
- The five-year high for Debt to Equity was $0.84 in Q4 2021, with the low at $0.43 in Q2 2021.
- Historically, Debt to Equity has averaged $0.62 across 5 years, with a median of $0.6 in 2023.
- Annual changes were most pronounced in 2022 — Debt to Equity tumbled 36.98% — and 2023, when it rose 10.27%.
- Equinor Asa's Debt to Equity stood at $0.84 in 2021, then slumped by 36.98% to $0.53 in 2022, then rose by 10.27% to $0.58 in 2023, then increased by 7.86% to $0.63 in 2024, then gained by 9.58% to $0.69 in 2025.
- The last three Debt to Equity figures came in at $0.69 (Q4 2025), $0.63 (Q4 2024), and $0.58 (Q4 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | - |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | 0.19 |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | - |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | 0.43 |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 0.03 |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 0.33 |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | - |
| 10 | Equinor Asa | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.69 |
| Dec 31, 2024 | 0.63 |
| Dec 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.53 |
| Dec 31, 2021 | 0.84 |
| Jun 30, 2021 | 0.43 |
| Dec 31, 2020 | 0.99 |
| Dec 31, 2019 | 0.60 |
| Dec 31, 2018 | 0.60 |
| Jun 30, 2018 | 0.64 |
| Dec 31, 2017 | 0.71 |
| Mar 31, 2017 | 0.53 |
| Dec 31, 2016 | 0.90 |
| Dec 31, 2015 | 0.77 |
| Dec 31, 2014 | 0.41 |
| Jun 30, 2014 | 0.35 |
| Mar 31, 2014 | 0.36 |
| Dec 31, 2013 | 0.37 |
| Sep 30, 2011 | 0.39 |
| Jun 30, 2009 | 0.48 |