Equinor ASA (STOHF)

Equinor ASA Cash Flow Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	29,303	30,986	37,884	78,604	31,583
Depreciation & Amortization	11,476	9,906	10,581	6,391	11,719
Other Adjustments	-1,381	-3,359	-1,116	-1,381	-921
Changes in Income Taxes Payable	-20,911	-20,592	-28,276	-43,856	-8,588
Changes in Other Operating Activities	5,080	3,168	5,628	-4,964	-5,148
Operating Cash Flow	23,037	20,110	24,701	35,136	28,816
Operating Cash Flow Growth	14.56%	-18.59%	-29.70%	21.93%	177.45%
Capital Expenditures	-12,856	-12,177	-10,575	-8,611	-8,040
Sale of Property, Plant & Equipment	848	1,470	272	966	1,864
Payments for Business Acquisitions	-97	-1,710	-1,195	-	-111
Other Investing Activities	5,074	8,884	-910	-8,218	-9,924
Investing Cash Flow	-6,271	-3,532	-12,409	-15,863	-16,211
Short-Term Debt Issued	-6,006	933	2,593	-5,102	1,195
Net Short-Term Debt Issued (Repaid)	-6,006	933	2,593	-5,102	1,195
Long-Term Debt Issued	7,284	-	-	0	0
Long-Term Debt Repaid	-3,996	-4,083	-4,240	-1,616	-3,913
Net Long-Term Debt Issued (Repaid)	3,288	-4,083	-4,240	-1,616	-3,913
Repurchase of Common Stock	-1,630	-6,013	-5,589	-3,315	-321
Net Common Stock Issued (Repurchased)	-1,630	-6,013	-5,589	-3,315	-321
Common Dividends Paid	-5,870	-8,578	-10,906	-5,380	-1,797
Financing Cash Flow	-10,218	-17,741	-18,142	-15,414	-4,836
Effect of Exchange Rate Changes on Cash and Cash Equivalents	522	-359	-87	-2,268	-538
Net Cash Flow	6,547	-1,163	-5,850	3,860	7,768
Free Cash Flow	10,181	7,933	14,126	26,525	20,776
Free Cash Flow Growth	28.34%	-43.84%	-46.74%	27.67%	987.75%
FCF Margin	-	7.74%	13.22%	17.80%	23.41%
Free Cash Flow Per Share	-	2.81	4.67	8.33	6.38
Levered Free Cash Flow	-19,929	-14,039	-12,404	-29,012	-4,212
Unlevered Free Cash Flow	-17,211	-10,883	-11,402	-22,221	-916.2

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.