Equinor ASA (EQNR)
NYSE: EQNR · Real-Time Price · USD
45.63
+0.23 (0.51%)
At close: Nov 3, 2026, 4:00 PM EST
44.80
-0.83 (-1.82%)
After-hours: Nov 3, 2026, 7:47 PM EST
Equinor ASA Cash Flow Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Operating Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Net Income | 11,803 | 5,043 | 8,806 | 11,885 | 28,746 | 8,563 |
Depreciation & Amortization | 10,482 | 9,992 | 9,755 | 9,321 | 9,220 | 10,607 |
Loss (Gain) From Sale of Assets | 599 | 563 | -772 | 318 | -823 | -1,519 |
Asset Writedown & Restructuring Costs | 389 | 1,629 | 145 | 641 | -2,487 | 1,283 |
Loss (Gain) From Sale of Investments | 2 | 2 | 6 | 309 | - | - |
Other Operating Activities | 1,876 | 750 | -693 | 1,823 | 5,096 | 14,428 |
Change in Other Net Operating Assets | -816 | 1,992 | 2,218 | 4,960 | -4,616 | -4,546 |
Operating Cash Flow | 24,335 | 19,971 | 19,465 | 29,257 | 35,136 | 28,816 |
Operating Cash Flow Growth | 22.37% | 2.60% | -33.47% | -16.73% | 21.93% | 177.45% |
Investing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Capital Expenditures | -13,006 | -13,994 | -12,177 | -10,575 | -8,758 | -8,040 |
Sale of Property, Plant & Equipment | 2,725 | 2,456 | 1,470 | 272 | 966 | 1,864 |
Cash Acquisitions | - | -26 | -1,710 | -1,195 | 147 | -111 |
Investment in Securities | -3,938 | 1,571 | 9,364 | 443 | -10,089 | -9,951 |
Other Investing Activities | 211 | 397 | -479 | -1,354 | 1,871 | 27 |
Investing Cash Flow | -14,008 | -9,596 | -3,532 | -12,409 | -15,863 | -16,211 |
Financing Activities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Short-Term Debt Issued | - | - | 933 | 2,593 | - | 1,195 |
Long-Term Debt Issued | - | 5,915 | - | - | - | - |
Total Debt Issued | 1,717 | 5,915 | 933 | 2,593 | - | 1,195 |
Short-Term Debt Repaid | - | -2,875 | - | - | -5,102 | - |
Long-Term Debt Repaid | - | -3,859 | -4,083 | -4,240 | -1,616 | -3,913 |
Lease Payments | -1,566 | -1,459 | -1,491 | -1,422 | -1,366 | -1,238 |
Total Debt Repaid | -6,094 | -6,734 | -4,083 | -4,240 | -6,718 | -3,913 |
Net Debt Issued (Repaid) | -4,377 | -819 | -3,150 | -1,647 | -6,718 | -2,718 |
Repurchase of Common Stock | -3,880 | -5,916 | -6,013 | -5,589 | -3,315 | -321 |
Common Dividends Paid | -3,747 | -4,791 | -3,860 | -3,332 | -2,498 | -1,797 |
Other Financing Activities | -1 | - | - | - | -1 | - |
Financing Cash Flow | -12,005 | -11,526 | -17,741 | -18,142 | -15,414 | -4,836 |
Net Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Foreign Exchange Rate Adjustments | -129 | 284 | -359 | -87 | -2,268 | -538 |
Miscellaneous Cash Flow Adjustments | - | - | - | - | 1 | -1 |
Net Cash Flow | -1,807 | -867 | -2,167 | -1,381 | 1,592 | 7,230 |
Free Cash Flow
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Free Cash Flow | 11,329 | 5,977 | 7,288 | 18,682 | 26,378 | 20,776 |
Free Cash Flow Growth | 77.21% | -17.99% | -60.99% | -29.18% | 26.96% | 987.75% |
Free Cash Flow Margin | 9.40% | 5.65% | 7.11% | 17.48% | 17.70% | 22.91% |
Free Cash Flow Per Share | 4.61 | 2.30 | 2.58 | 6.18 | 8.29 | 6.38 |
Levered Free Cash Flow | 32,352 | 22,498 | 6,810 | 19,329 | 46,149 | 28,629 |
Unlevered Free Cash Flow | 32,816 | 22,838 | 7,236 | 20,030 | 46,609 | 29,110 |
Free Cash Flow After Leases | 9,763 | 4,518 | 5,797 | 17,260 | 25,012 | 19,538 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Dec '25 Dec 31, 2025 | Dec '24 Dec 31, 2024 | Jan '24 Jan 1, 2024 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 |
Cash Interest Paid | 775 | 665 | 891 | 1,042 | 747 | 698 |
Cash Income Tax Paid | 24,125 | 20,460 | 20,592 | 28,276 | 43,856 | 8,588 |
Change in Working Capital | -816 | 1,992 | 2,218 | 4,960 | -4,616 | -4,546 |