Equinor ASA (EQNR) Financials

$23.94 -0.10 (-0.40%)

Closing price 05/29/2025 03:59 PM Eastern

Extended Trading

$23.76 -0.18 (-0.74%)

As of 05/29/2025 07:41 PM Eastern

Annual Income Statements for Equinor ASA

This table shows Equinor ASA's income and expenses over time, based on annual financial data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Income / (Loss) Attributable to Common Shareholders	8,806	11,885	28,746	8,563	-5,510	1,851	7,535	4,590	-2,922	-5,192
Consolidated Net Income / (Loss)	8,829	11,904	28,744	8,576	-5,496	1,851	7,538	4,598	-2,902	-5,169
Net Income / (Loss) Continuing Operations	8,829	11,904	28,743	8,576	-5,496	1,851	7,539	4,598	-3,266	-5,544
Total Pre-Tax Income	30,986	37,884	78,604	31,583	-4,259	9,292	18,874	13,420	-178	55
Total Operating Income	29,705	35,443	77,628	33,663	-3,423	8,420	20,137	13,771	80	1,366
Total Gross Profit	41,980	48,090	86,210	47,166	16,001	23,719	31,549	24,212	14,980	22,500
Total Revenue	102,551	106,847	149,624	90,924	45,818	62,911	79,593	61,187	45,510	59,266
Operating Revenue	102,551	106,847	149,624	90,924	45,818	62,911	79,593	61,187	45,873	59,642
Total Cost of Revenue	60,571	58,757	63,414	43,758	29,817	39,192	48,044	36,975	30,530	36,766
Operating Cost of Revenue	60,571	58,757	63,414	43,758	29,817	39,192	48,044	36,975	30,530	36,766
Total Operating Expenses	12,275	12,647	8,582	13,503	19,424	15,299	11,412	10,441	15,264	21,508
Selling, General & Admin Expense	1,255	1,218	986	780	706	809	758	738	762	921
Exploration Expense	1,185	795	1,205	1,004	3,483	-	1,405	1,059	2,952	3,872
Depreciation Expense	9,835	10,634	6,391	11,719	15,235	-	9,249	8,644	11,550	16,715
Total Other Income / (Expense), net	1,281	2,441	975	-2,080	-836	872	-1,263	-351	-258	-1,311
Interest Expense	1,893	335	1,429	1,223	1,392	-	1,264	903	-	-
Interest & Investment Income	1,951	2,449	1,222	38	-	-	-	-	-	-
Other Income / (Expense), net	1,223	327	1,182	-895	556	872	-	552	-258	-1,311
Income Tax Expense	22,157	25,980	49,861	23,007	1,237	7,441	11,335	8,822	2,724	5,225
Net Income / (Loss) Attributable to Noncontrolling Interest	-23	-19	3.00	-14	14	-	3.00	-8.00	20	22
Basic Earnings per Share	$3.12	$3.93	$9.06	$2.64	($1.69)	-	$2.27	$1.40	($0.91)	($1.63)
Weighted Average Basic Shares Outstanding	2.94B	2.94B	3.12B	3.23B	3.27B	3.33B	3.33B	3.27B	3.20B	3.18B
Diluted Earnings per Share	$3.11	$3.93	$9.03	$2.63	($1.69)	-	$2.27	$1.40	($0.91)	($1.63)
Weighted Average Diluted Shares Outstanding	2.94B	2.94B	3.12B	3.23B	3.28B	3.33B	3.34B	3.29B	3.21B	3.19B
Weighted Average Basic & Diluted Shares Outstanding	2.94B	2.94B	3.12B	3.23B	3.27B	6.66B	3.33B	3.27B	3.20B	-

No quarterly income statements for Equinor ASA are available.

This table details how cash moves in and out of Equinor ASA's business through operations, investing, and financing, using annual figures. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Net Change in Cash & Equivalents	11,210	10,001	5,611	7,768	646	2,341	166	-127	-3,371	0.00
Net Cash From Operating Activities	9,740	9,729	4,645	28,816	646	13,749	166	-127	11,599	0.00
Net Cash From Continuing Operating Activities	9,740	9,729	4,645	21,472	646	2,071	166	-127	11,599	0.00
Net Income / (Loss) Continuing Operations	0.00	0.00	0.00	31,583	0.00	9,292	0.00	0.00	0.00	0.00
Depreciation Expense	9,906	10,581	6,733	-	-	-	-	-	11,550	-
Non-Cash Adjustments To Reconcile Net Income	-166	-852	-2,088	-1,027	646	-166	166	-127	6,074	-
Net Cash From Investing Activities	1,470	272	966	-16,211	0.00	10,594	0.00	0.00	-11,430	0.00
Net Cash From Continuing Investing Activities	1,470	272	966	-6,259	0.00	-9,860	0.00	0.00	-11,430	0.00
Divestitures	1,470	272	966	-	-	2,608	-	-	761	-
Net Cash From Financing Activities	0.00	0.00	0.00	-4,836	0.00	5,496	0.00	0.00	-2,948	0.00
Net Cash From Continuing Financing Activities	0.00	0.00	0.00	-4,836	0.00	-4,941	0.00	0.00	-2,948	0.00
Cash Interest Paid	891	1,042	747	-	730	-	441	622	548	443
Cash Interest Received	1,841	1,710	399	-	162	-	176	148	134	363

No quarterly cash flow statements for Equinor ASA are available.

This table presents Equinor ASA's assets and liabilities at the end of each period, using annual balance sheet data. All values are USD millions unless otherwise specified.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016
Total Assets	131,141	143,580	158,021	147,120	124,809	119,861	112,508	111,100	104,530
Total Current Assets	21,488	20,747	77,152	35,448	18,073	16,773	18,698	17,213	24,859
Accounts Receivable	13,590	13,204	22,452	17,927	8,232	8,233	8,998	9,425	7,839
Inventories, net	4,031	3,814	5,205	3,395	3,084	3,363	2,144	3,398	3,227
Other Current Assets	3,867	3,729	29,876	-	-	-	-	-	8,211
Plant, Property, & Equipment, net	0.00	0.00	56,498	62,075	0.00	0.00	65,262	63,637	59,556
Total Noncurrent Assets	109,651	122,833	24,372	48,830	94,871	95,661	27,342	29,351	19,222
Long-Term Investments	23,422	35,173	5,491	23,932	-	-	9,904	10,999	2,245
Noncurrent Note & Lease Receivables	1,379	1,291	-	-	-	-	-	-	-
Intangible Assets	5,654	5,709	5,158	6,452	-	-	9,672	8,621	9,243
Noncurrent Deferred & Refundable Income Taxes	4,900	7,936	8,732	6,259	-	-	3,304	2,441	2,195
Employee Benefit Assets	1,717	1,260	-	1,449	-	-	831	1,306	839
Other Noncurrent Operating Assets	72,579	71,464	3,973	10,062	93,509	95,661	3,631	4,615	4,163
Total Liabilities & Shareholders' Equity	131,141	143,580	158,021	186,144	124,809	119,861	154,290	150,085	104,530
Total Liabilities	88,761	95,080	104,032	108,096	90,917	78,702	69,519	71,214	69,431
Total Current Liabilities	21,429	21,862	43,539	39,138	12,015	15,008	16,604	19,017	18,218
Accounts Payable	11,110	9,556	13,352	14,310	10,867	11,309	8,369	9,737	9,666
Current Deferred & Payable Income Tax Liabilities	10,319	12,306	-	13,119	1,148	3,699	4,654	4,057	2,184
Total Noncurrent Liabilities	67,333	73,217	60,226	68,192	78,903	63,694	51,707	51,298	51,212
Long-Term Debt	26,584	28,226	24,141	27,404	33,709	24,693	23,264	24,183	27,999
Noncurrent Deferred & Payable Income Tax Liabilities	12,726	13,345	11,996	14,037	11,224	9,410	8,671	7,654	6,427
Noncurrent Employee Benefit Liabilities	3,482	3,925	3,671	4,403	4,292	3,867	3,820	3,904	3,380
Other Noncurrent Operating Liabilities	24,541	27,721	15,633	22,348	25,272	21,385	15,952	15,557	13,406
Total Equity & Noncontrolling Interests	42,380	48,500	53,989	78,048	33,892	41,159	85,979	79,770	27
Total Preferred & Common Equity	42,342	48,490	53,988	78,034	33,873	41,139	85,960	79,746	0.00
Total Common Equity	42,342	48,490	0.00	78,034	33,873	41,139	85,960	79,746	0.00
Common Stock	42,342	48,490	-	39,010	-	-	42,970	39,861	-
Noncontrolling Interest	38	10	1.00	14	19	20	19	24	27

No quarterly balance sheets for Equinor ASA are available.

This table displays calculated financial ratios and metrics derived from Equinor ASA's official financial filings.

Metric	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
Period end date	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020	12/31/2019	12/31/2018	12/31/2017	12/31/2016	12/31/2015
Growth Metrics	-	-	-	-	-	-	-	-	-	-
Revenue Growth	-4.02%	-28.59%	64.56%	98.45%	-27.17%	-20.96%	30.08%	34.45%	-23.21%	0.00%
EBITDA Growth	-11.90%	-45.82%	92.29%	259.69%	33.10%	-68.38%	27.95%	101.96%	-32.19%	0.00%
EBIT Growth	-13.54%	-54.61%	140.51%	1,242.94%	-130.85%	-53.86%	40.59%	8,146.63%	-423.64%	0.00%
NOPAT Growth	-24.00%	-60.77%	210.54%	481.49%	-242.86%	-79.15%	70.48%	8,325.47%	100.04%	0.00%
Net Income Growth	-25.83%	-58.59%	235.17%	256.04%	-396.92%	-75.44%	63.94%	258.44%	43.86%	0.00%
EPS Growth	-20.87%	-56.48%	243.35%	255.62%	0.00%	0.00%	62.14%	253.85%	44.17%	0.00%
Operating Cash Flow Growth	0.11%	109.45%	-83.88%	4,360.68%	-95.30%	8,182.53%	230.71%	-101.09%	0.00%	0.00%
Free Cash Flow Firm Growth	-86.75%	1,667.35%	-107.85%	767.27%	181.55%	-147.67%	-33.39%	120.53%	0.00%	0.00%
Invested Capital Growth	9.59%	-35.30%	90.69%	-35.26%	-9.66%	10.69%	-0.21%	-12.60%	0.00%	0.00%
Revenue Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBITDA Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EBIT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
NOPAT Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Net Income Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
EPS Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Cash Flow Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Free Cash Flow Firm Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Invested Capital Q/Q Growth	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Profitability Metrics	-	-	-	-	-	-	-	-	-	-
Gross Margin	40.94%	45.01%	57.62%	51.87%	34.92%	37.70%	39.64%	39.57%	32.92%	37.96%
EBITDA Margin	39.82%	43.38%	57.17%	48.93%	26.99%	14.77%	36.92%	37.54%	24.99%	28.30%
Operating Margin	28.97%	33.17%	51.88%	37.02%	-7.47%	13.38%	25.30%	22.51%	0.18%	2.30%
EBIT Margin	30.16%	33.48%	52.67%	36.04%	-6.26%	14.77%	25.30%	23.41%	-0.39%	0.09%
Profit (Net Income) Margin	8.61%	11.14%	19.21%	9.43%	-12.00%	2.94%	9.47%	7.51%	-6.38%	-8.72%
Tax Burden Percent	28.49%	31.42%	36.57%	27.15%	129.04%	19.92%	39.94%	34.26%	1,630.34%	-9,398.18%
Interest Burden Percent	100.19%	105.91%	99.74%	96.38%	148.55%	100.00%	93.73%	93.70%	100.00%	100.00%
Effective Tax Rate	71.51%	68.58%	63.43%	72.85%	0.00%	80.08%	60.06%	65.74%	0.00%	9,500.00%
Return on Invested Capital (ROIC)	19.44%	21.06%	57.99%	21.33%	-4.37%	3.06%	15.45%	8.44%	0.19%	0.00%
ROIC Less NNEP Spread (ROIC-NNEP)	0.16%	67.71%	55.89%	25.64%	-22.31%	1.08%	17.09%	7.69%	-9.73%	0.00%
Return on Net Nonoperating Assets (RNNOA)	-0.01%	2.17%	-14.45%	-6.01%	-10.27%	-0.15%	-6.35%	3.08%	-21,496.48%	0.00%
Return on Equity (ROE)	19.43%	23.23%	43.54%	15.32%	-14.65%	2.91%	9.10%	11.52%	-21,496.30%	0.00%
Cash Return on Invested Capital (CROIC)	10.29%	63.92%	-4.41%	64.14%	5.78%	-7.09%	15.65%	21.89%	-199.81%	0.00%
Operating Return on Assets (OROA)	22.52%	23.72%	51.65%	24.10%	-2.34%	8.00%	18.01%	13.28%	-0.17%	0.00%
Return on Assets (ROA)	6.43%	7.89%	18.84%	6.31%	-4.49%	1.59%	6.74%	4.26%	-2.78%	0.00%
Return on Common Equity (ROCE)	19.42%	10.99%	25.73%	15.32%	-14.64%	2.91%	9.09%	11.52%	0.00%	0.00%
Return on Equity Simple (ROE_SIMPLE)	20.85%	24.55%	53.24%	10.99%	-16.23%	4.50%	8.77%	5.77%	0.00%	0.00%
Net Operating Profit after Tax (NOPAT)	8,464	11,137	28,386	9,141	-2,396	1,677	8,043	4,718	56	-128,404
NOPAT Margin	8.25%	10.42%	18.97%	10.05%	-5.23%	2.67%	10.11%	7.71%	0.12%	-216.66%
Net Nonoperating Expense Percent (NNEP)	19.28%	-46.66%	2.10%	-4.31%	17.94%	1.98%	-1.64%	0.75%	9.92%	0.00%
Return On Investment Capital (ROIC_SIMPLE)	12.27%	14.52%	33.44%	-	-	-	-	-	-	-
Cost of Revenue to Revenue	59.06%	54.99%	42.38%	48.13%	65.08%	62.30%	60.36%	60.43%	67.08%	62.04%
SG&A Expenses to Revenue	1.22%	1.14%	0.66%	0.86%	1.54%	1.29%	0.95%	1.21%	1.67%	1.55%
R&D to Revenue	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Operating Expenses to Revenue	11.97%	11.84%	5.74%	14.85%	42.39%	24.32%	14.34%	17.06%	33.54%	36.29%
Earnings before Interest and Taxes (EBIT)	30,928	35,770	78,810	32,768	-2,867	9,292	20,137	14,323	-178	55
Earnings before Interest, Taxes, Depreciation and Amortization (EBITDA)	40,834	46,351	85,543	44,487	12,368	9,292	29,386	22,967	11,372	16,770
Valuation Ratios	-	-	-	-	-	-	-	-	-	-
Price to Book Value (P/BV)	1.60	1.76	0.00	0.84	1.19	1.12	0.54	0.00	0.00	0.00
Price to Tangible Book Value (P/TBV)	1.85	2.00	0.00	0.91	1.19	1.12	0.61	0.00	0.00	0.00
Price to Revenue (P/Rev)	0.66	0.80	0.60	0.72	0.88	0.73	0.58	0.00	0.00	0.00
Price to Earnings (P/E)	7.69	7.19	3.11	7.62	0.00	24.91	6.17	0.00	0.00	0.00
Dividend Yield	11.75%	4.02%	3.55%	2.78%	8.02%	7.29%	6.50%	6.45%	11.92%	11.42%
Earnings Yield	13.01%	13.90%	32.21%	13.12%	0.00%	4.01%	16.20%	0.00%	0.00%	0.00%
Enterprise Value to Invested Capital (EV/IC)	1.56	1.89	1.48	1.78	1.38	1.22	1.05	0.00	0.00	0.00
Enterprise Value to Revenue (EV/Rev)	0.69	0.74	0.64	0.66	1.57	1.11	0.69	0.00	0.00	0.00
Enterprise Value to EBITDA (EV/EBITDA)	1.74	1.69	1.11	1.35	5.80	7.53	1.86	0.00	0.00	0.00
Enterprise Value to EBIT (EV/EBIT)	2.29	2.20	1.21	1.83	0.00	7.53	2.72	0.00	0.00	0.00
Enterprise Value to NOPAT (EV/NOPAT)	8.38	7.05	3.35	6.55	0.00	41.73	6.81	0.00	0.00	0.00
Enterprise Value to Operating Cash Flow (EV/OCF)	7.28	8.07	20.46	2.08	111.10	5.09	330.07	0.00	0.00	0.00
Enterprise Value to Free Cash Flow (EV/FCFF)	15.83	2.32	0.00	2.18	22.65	0.00	6.72	0.00	0.00	0.00
Leverage & Solvency	-	-	-	-	-	-	-	-	-	-
Debt to Equity	0.63	0.58	0.57	0.42	1.12	0.71	0.30	0.35	1,173.07	0.00
Long-Term Debt to Equity	0.63	0.58	0.49	0.35	1.12	0.71	0.27	0.30	1,037.00	0.00
Financial Leverage	-0.04	0.03	-0.26	-0.23	0.46	-0.14	-0.37	0.40	2,208.19	0.00
Leverage Ratio	3.02	2.94	2.31	2.43	3.26	1.83	1.35	2.70	3,871.48	0.00
Compound Leverage Factor	3.03	3.12	2.31	2.34	4.84	1.83	1.26	2.53	3,871.48	0.00
Debt to Total Capital	38.55%	36.79%	36.41%	29.51%	52.93%	41.36%	23.03%	26.17%	99.91%	0.00%
Short-Term Debt to Total Capital	0.00%	0.00%	5.13%	4.76%	0.00%	0.00%	2.20%	3.79%	11.59%	0.00%
Long-Term Debt to Total Capital	38.55%	36.79%	31.27%	24.75%	52.93%	41.36%	20.83%	22.38%	88.32%	0.00%
Preferred Equity to Total Capital	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Noncontrolling Interests to Total Capital	0.06%	0.01%	0.00%	0.01%	0.03%	0.03%	0.02%	0.02%	0.09%	0.00%
Common Equity to Total Capital	61.40%	63.20%	0.00%	70.48%	47.04%	58.61%	76.95%	73.81%	0.00%	0.00%
Debt to EBITDA	0.65	0.61	0.36	0.73	3.08	3.12	0.88	1.23	2.79	0.00
Net Debt to EBITDA	0.08	-0.15	0.07	-0.12	2.54	2.57	0.28	0.56	2.10	0.00
Long-Term Debt to EBITDA	0.65	0.61	0.31	0.62	3.08	3.12	0.79	1.05	2.46	0.00
Debt to NOPAT	3.14	2.53	1.09	3.57	-15.91	17.31	3.20	5.99	565.59	0.00
Net Debt to NOPAT	0.37	-0.62	0.20	-0.59	-13.09	14.22	1.03	2.73	425.82	0.00
Long-Term Debt to NOPAT	3.14	2.53	0.94	3.00	-15.91	17.31	2.89	5.13	499.98	0.00
Altman Z-Score	2.02	2.10	3.36	1.69	0.62	1.15	1.72	0.00	0.00	0.00
Noncontrolling Interest Sharing Ratio	0.05%	52.69%	40.90%	0.03%	0.05%	0.03%	0.03%	0.06%	100.00%	0.00%
Liquidity Ratios	-	-	-	-	-	-	-	-	-	-
Current Ratio	1.00	0.95	1.77	0.91	1.50	1.12	1.13	0.91	1.36	0.00
Quick Ratio	0.63	0.60	0.97	0.82	1.25	0.89	1.00	0.73	0.74	0.00
Cash Flow Metrics	-	-	-	-	-	-	-	-	-	-
Free Cash Flow to Firm (FCFF)	4,479	33,806	-2,157	27,483	3,169	-3,886	8,150	12,235	-59,592	0.00
Operating Cash Flow to CapEx	0.00%	0.00%	0.00%	358.41%	0.00%	134.74%	0.00%	0.00%	95.14%	0.00%
Free Cash Flow to Firm to Interest Expense	2.37	100.91	-1.51	22.47	2.28	0.00	6.45	13.55	0.00	0.00
Operating Cash Flow to Interest Expense	5.15	29.04	3.25	23.56	0.46	0.00	0.13	-0.14	0.00	0.00
Operating Cash Flow Less CapEx to Interest Expense	5.15	29.04	3.25	16.99	0.46	0.00	0.13	-0.14	0.00	0.00
Efficiency Ratios	-	-	-	-	-	-	-	-	-	-
Asset Turnover	0.75	0.71	0.98	0.67	0.37	0.54	0.71	0.57	0.44	0.00
Accounts Receivable Turnover	7.65	5.99	7.41	6.95	5.57	7.30	8.64	7.09	5.81	0.00
Inventory Turnover	15.44	13.03	14.75	13.51	9.25	14.23	17.34	11.16	9.46	0.00
Fixed Asset Turnover	0.00	0.00	2.52	0.00	0.00	0.00	1.24	0.99	0.76	0.00
Accounts Payable Turnover	5.86	5.13	4.58	3.48	2.69	3.98	5.31	3.81	3.16	0.00
Days Sales Outstanding (DSO)	47.68	60.90	49.25	52.51	65.58	49.99	42.24	51.49	62.87	0.00
Days Inventory Outstanding (DIO)	23.64	28.01	24.75	27.02	39.46	25.64	21.05	32.70	38.58	0.00
Days Payable Outstanding (DPO)	62.27	71.15	79.61	105.00	135.73	91.63	68.78	95.77	115.56	0.00
Cash Conversion Cycle (CCC)	9.05	17.76	-5.61	-25.48	-30.69	-16.00	-5.48	-11.58	-14.11	0.00
Capital & Investment Metrics	-	-	-	-	-	-	-	-	-	-
Invested Capital	45,539	41,554	64,223	33,680	52,022	57,587	52,024	52,131	59,648	0.00
Invested Capital Turnover	2.36	2.02	3.06	2.12	0.84	1.15	1.53	1.09	1.53	0.00
Increase / (Decrease) in Invested Capital	3,985	-22,669	30,543	-18,342	-5,565	5,563	-107	-7,517	59,648	0.00
Enterprise Value (EV)	70,890	78,546	95,057	59,917	71,769	69,991	54,792	0.00	0.00	0.00
Market Capitalization	67,690	85,483	89,256	65,284	40,392	46,116	46,506	0.00	0.00	0.00
Book Value per Share	$14.38	$15.53	$0.00	$24.04	$10.25	$12.36	$25.87	$24.40	$0.00	$0.00
Tangible Book Value per Share	$12.46	$13.70	($1.65)	$22.05	$10.25	$12.36	$22.96	$21.76	($2.89)	$0.00
Total Capital	68,964	76,726	84,898	110,725	72,007	70,191	111,706	108,044	31,700	0.00
Total Debt	26,584	28,226	30,909	32,677	38,115	29,032	25,727	28,274	31,673	0.00
Total Long-Term Debt	26,584	28,226	26,550	27,404	38,115	29,032	23,264	24,183	27,999	0.00
Net Debt	3,162	-6,947	5,800	-5,381	31,358	23,855	8,267	12,885	23,846	0.00
Capital Expenditures (CapEx)	0.00	0.00	0.00	8,040	0.00	10,204	0.00	0.00	12,191	0.00
Debt-free, Cash-free Net Working Capital (DFCFNWC)	59	-1,115	18,354	-12,543	-699	-3,412	-2,999	-2,103	4,733	0.00
Debt-free Net Working Capital (DFNWC)	59	-1,115	37,972	1,583	6,058	1,765	4,557	2,287	10,315	0.00
Net Working Capital (NWC)	59	-1,115	33,613	-3,690	6,058	1,765	2,094	-1,804	6,641	0.00
Net Nonoperating Expense (NNE)	-365	-767	-358	565	3,100	-174	505	120	2,958	-123,235
Net Nonoperating Obligations (NNO)	3,159	-6,946	10,234	-44,368	18,130	16,428	-33,955	-27,639	59,621	0.00
Total Depreciation and Amortization (D&A)	9,906	10,581	6,733	11,719	15,235	0.00	9,249	8,644	11,550	16,715
Debt-free, Cash-free Net Working Capital to Revenue	0.06%	-1.04%	12.27%	-13.80%	-1.53%	-5.42%	-3.77%	-3.44%	10.40%	0.00%
Debt-free Net Working Capital to Revenue	0.06%	-1.04%	25.38%	1.74%	13.22%	2.81%	5.73%	3.74%	22.67%	0.00%
Net Working Capital to Revenue	0.06%	-1.04%	22.47%	-4.06%	13.22%	2.81%	2.63%	-2.95%	14.59%	0.00%
Earnings Adjustments	-	-	-	-	-	-	-	-	-	-
Adjusted Basic Earnings per Share	$3.12	$3.93	$9.06	$0.00	($1.69)	$0.55	$2.27	$1.40	$0.00	$0.00
Adjusted Weighted Average Basic Shares Outstanding	2.94B	2.94B	3.17B	0.00	3.27B	3.33B	3.33B	3.27B	0.00	0.00
Adjusted Diluted Earnings per Share	$3.11	$3.93	$9.03	$0.00	($1.69)	$0.55	$2.27	$1.40	$0.00	$0.00
Adjusted Weighted Average Diluted Shares Outstanding	2.94B	2.94B	3.18B	0.00	3.28B	3.33B	3.34B	3.29B	0.00	0.00
Adjusted Basic & Diluted Earnings per Share	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00
Adjusted Weighted Average Basic & Diluted Shares Outstanding	2.94B	2.94B	3.12B	0.00	3.25B	3.31B	3.33B	3.32B	0.00	0.00
Normalized Net Operating Profit after Tax (NOPAT)	20,794	24,810	54,340	23,564	-2,396	15,137	14,096	9,640	56	956
Normalized NOPAT Margin	20.28%	23.22%	36.32%	25.92%	-5.23%	24.06%	17.71%	15.75%	0.12%	1.61%
Pre Tax Income Margin	30.22%	35.46%	52.53%	34.74%	-9.30%	14.77%	23.71%	21.93%	-0.39%	0.09%
Debt Service Ratios	-	-	-	-	-	-	-	-	-	-
EBIT to Interest Expense	16.34	106.78	55.15	26.79	-2.06	0.00	15.93	15.86	0.00	0.00
NOPAT to Interest Expense	4.47	33.24	19.86	7.47	-1.72	0.00	6.36	5.23	0.00	0.00
EBIT Less CapEx to Interest Expense	16.34	106.78	55.15	20.22	-2.06	0.00	15.93	15.86	0.00	0.00
NOPAT Less CapEx to Interest Expense	4.47	33.24	19.86	0.90	-1.72	0.00	6.36	5.23	0.00	0.00
Payout Ratios	-	-	-	-	-	-	-	-	-	-
Dividend Payout Ratio	0.00%	0.00%	0.00%	20.95%	0.00%	180.55%	0.00%	0.00%	-64.65%	0.00%
Augmented Payout Ratio	0.00%	0.00%	0.00%	24.70%	0.00%	204.43%	0.00%	0.00%	-64.65%	0.00%

No quarterly metrics and ratios for Equinor ASA are available.

Frequently Asked Questions About Equinor ASA's Financials

When does Equinor ASA's financial year end?

According to the most recent income statement we have on file, Equinor ASA's fiscal year ends in December. Their fiscal year 2024 ended on December 31, 2024.

How has Equinor ASA's net income changed over the last 9 years?

Equinor ASA's net income appears to be on an upward trend, with a most recent value of $8.83 billion in 2024, falling from -$5.17 billion in 2015. The previous period was $11.90 billion in 2023. Check out Equinor ASA's forecast to explore projected trends and price targets.

What is Equinor ASA's operating income?

Equinor ASA's total operating income in 2024 was $29.71 billion, based on the following breakdown:

Total Gross Profit: $41.98 billion
Total Operating Expenses: $12.28 billion

How has Equinor ASA revenue changed over the last 9 years?

Over the last 9 years, Equinor ASA's total revenue changed from $59.27 billion in 2015 to $102.55 billion in 2024, a change of 73.0%.

How much debt does Equinor ASA have?

Equinor ASA's total liabilities were at $88.76 billion at the end of 2024, a 6.6% decrease from 2023, and a 27.8% increase since 2016.

How has Equinor ASA's book value per share changed over the last 9 years?

Over the last 9 years, Equinor ASA's book value per share changed from 0.00 in 2015 to 14.38 in 2024, a change of 1,437.9%.

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This page (NYSE:EQNR) was last updated on 5/30/2025 by MarketBeat.com Staff

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Equinor ASA (EQNR) Financials

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Equinor ASA (EQNR) Financials

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