Equinor Debt to Equity Ratio 2012-2025 | EQNR

Current and historical debt to equity ratio values for Equinor (EQNR) over the last 10 years. The debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity. Equinor debt/equity for the three months ending September 30, 2025 was 0.64.
Equinor Debt/Equity Ratio Historical Data
Date Long Term Debt Shareholder's Equity Debt to Equity Ratio
2025-09-30 $95.25B $40.59B 2.35
2025-06-30 $97.12B $41.97B 2.31
2025-03-31 $92.03B $45.86B 2.01
2024-12-31 $88.76B $42.38B 2.09
2024-09-30 $90.73B $44.39B 2.04
2024-06-30 $90.44B $43.70B 2.07
2024-03-31 $87.12B $50.08B 1.74
2023-12-31 $95.08B $48.50B 1.96
2023-09-30 $90.70B $48.73B 1.86
2023-06-30 $90.33B $49.73B 1.82
2023-03-31 $95.32B $57.17B 1.67
2022-12-31 $104.03B $53.99B 1.93
2022-09-30 $109.86B $42.71B 2.57
2022-06-30 $110.74B $41.23B 2.69
2022-03-31 $115.67B $43.25B 2.67
2021-12-31 $108.10B $39.02B 2.77
2021-09-30 $99.74B $37.03B 2.69
2021-06-30 $90.22B $37.04B 2.44
2021-03-31 $84.21B $35.78B 2.35
2020-12-31 $90.92B $33.89B 2.68
2020-09-30 $80.32B $34.11B 2.36
2020-06-30 $79.17B $35.61B 2.22
2020-03-31 $67.80B $36.35B 1.87
2019-12-31 $76.90B $41.16B 1.87
2019-09-30 $76.11B $41.00B 1.86
2019-06-30 $78.95B $45.03B 1.75
2019-03-31 $77.20B $45.12B 1.71
2018-12-31 $69.52B $42.99B 1.62
2018-09-30 $74.11B $41.93B 1.77
2018-06-30 $73.34B $41.04B 1.79
2018-03-31 $72.83B $42.62B 1.71
2017-12-31 $71.21B $39.89B 1.79
2017-09-30 $72.88B $38.23B 1.91
2017-06-30 $72.59B $37.91B 1.92
2017-03-31 $71.11B $36.65B 1.94
2016-12-31 $69.43B $35.10B 1.98
2016-09-30 $73.50B $40.09B 1.83
2016-06-30 $70.80B $40.24B 1.76
2016-03-31 $70.60B $42.20B 1.67
2015-12-31 $69.44B $40.31B 1.72
2015-09-30 $76.43B $43.64B 1.75
2015-06-30 $76.97B $45.68B 1.69
2015-03-31 $82.60B $46.76B 1.77
2014-12-31 $81.42B $51.28B 1.59
2014-09-30 $89.37B $58.65B 1.52
2014-06-30 $89.54B $61.20B 1.46
2014-03-31 $86.88B $61.67B 1.41
2013-12-31 $90.24B $60.66B 1.49
2013-09-30 $82.11B $56.70B 1.45
2013-06-30 $82.40B $56.47B 1.46
2013-03-31 $84.21B $59.94B 1.41
2012-12-31 $79.89B $55.02B 1.45
2012-09-30 $79.36B $52.31B 1.52
2012-06-30 $80.18B $51.65B 1.55
2012-03-31 $84.03B $50.63B 1.66
2011-12-31 $86.39B $50.96B 1.70
2011-09-30 $83.16B $47.53B 1.75
2011-06-30 $76.55B $44.64B 1.72
2011-03-31 $74.89B $41.37B 1.81
2010-12-31 $69.07B $37.54B 1.84
2010-09-30 $66.03B $34.13B 1.94
2010-06-30 $65.30B $33.36B 1.96
2010-03-31 $63.65B $36.77B 1.73
2009-12-31 $58.04B $32.02B 1.81
2009-09-30 $61.30B $31.46B 1.95
2009-06-30 $56.01B $29.51B 1.90
2009-03-31 $53.00B $31.22B 1.70
2008-12-31 $65.19B $38.87B 1.68
2008-09-30 $68.20B $37.57B 1.82
2008-06-30 $69.43B $35.84B 1.94
2008-03-31 $63.63B $35.98B 1.77
2007-12-31 $52.07B $30.66B 1.70
2007-09-30 $38.34B $21.99B 1.74
2007-06-30 $35.91B $20.20B 1.78
2007-03-31 $33.79B $21.25B 1.59
2006-12-31 $30.18B $19.09B 1.58
2006-09-30 $34.25B $18.37B 1.86
2006-06-30 $31.49B $16.83B 1.87
2006-03-31 $31.18B $17.31B 1.80
2005-12-31 $28.34B $16.57B 1.71
2005-09-30 $29.13B $14.86B 1.96
2005-06-30 $26.80B $13.71B 1.96
2005-03-31 $27.69B $14.77B 1.87
2004-12-31 $24.27B $12.64B 1.92
2004-09-30 $25.41B $11.42B 2.22
2004-06-30 $22.70B $10.77B 2.11
2004-03-31 $22.82B $10.93B 2.09
2003-12-31 $21.43B $9.93B 2.16
2003-09-30 $20.71B $9.06B 2.29
2003-06-30 $20.37B $8.99B 2.27
2003-03-31 $23.06B $8.95B 2.58
2002-12-31 $18.72B $7.19B 2.60
2002-09-30 $19.06B $7.11B 2.68
2002-06-30 $16.71B $6.20B 2.70
2002-03-31 $16.87B $6.02B 2.80
2001-12-31 $16.48B $5.77B 2.86
2000-12-31 $16.51B $7.68B 2.15
1999-12-31 $15.74B $5.18B 3.04
1998-12-31 $13.43B $5.27B 2.55
Sector Industry Market Cap Revenue
Oils/Energy Oil Refining & Marketing $84.160B $106.462B
Equinor ASA operates as an energy company. It engaged in developing oil, gas, wind and solar energy projects and focuses on offshore operations and exploration services. Equinor ASA, formerly known as Statoil ASA, is based in Norway, Europe.
Stock Name Country Market Cap PE Ratio
TotalEnergies SE (TTE) France $186.348B 11.26
Phillips 66 (PSX) United States $65.072B 24.96
Marathon Petroleum (MPC) United States $62.718B 19.32
Valero Energy (VLO) United States $62.198B 19.15
Neste OYJ - (NTOIY) $19.214B 0.00
Galp Energia SGPS SA (GLPEY) Portugal $16.049B 14.79
HF Sinclair (DINO) United States $10.809B 20.62
Valvoline (VVV) United States $4.949B 23.85
PBF Energy (PBF) United States $4.144B 0.00
CVR Energy (CVI) United States $2.456B 0.00
Par Pacific Holdings (PARR) United States $2.134B 7.37
Delek US Holdings (DK) United States $2.073B 0.00
World Kinect (WKC) United States $1.520B 12.27
RGC Resources (RGCO) United States $0.223B 17.32