62/100B41.995
USD
-0.54
(-1.27%)
Pre Open
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 1.92Revenue estimate 39.48B
Q4 FY2026 · Earnings report
EPS estimate 1.92Revenue estimate 39.48B
Equinor ASA total debt 1998–2026What is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Equinor ASA's total debt was 29.66B USD on 30 September 2026, down 4.2% on a year before. At the end of fiscal year 2025 it was 33.44B USD.
Last updated 7 Nov 2026 · Next report 3 Feb 2027
Total debt
Growth
| Fiscal year | Period ending | Total debt | Growth | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Latest quarter | 30 Sept 2026 | 29.66B | -4.17% | 24.00B | -5.67B | 0.66 |
| FY2025 | 31 Dec 2025 | 33.44B | +11.13% | 19.33B | -14.11B | 0.83 |
| FY2024 | 31 Dec 2024 | 30.09B | -5.35% | 23.46B | -6.64B | 0.71 |
| FY2023 | 31 Dec 2023 | 31.80B | -1.15% | 38.87B | 7.07B | 0.66 |
| FY2022 | 31 Dec 2022 | 32.17B | -11.24% | 39.31B | 7.15B | 0.60 |
| FY2021 | 31 Dec 2021 | 36.24B | -4.92% | 33.28B | -2.96B | 0.93 |
| FY2020 | 31 Dec 2020 | 38.12B | +31.29% | 18.62B | -19.49B | 1.13 |
| FY2019 | 31 Dec 2019 | 29.03B | +12.85% | 12.60B | -16.43B | 0.71 |
| FY2018 | 31 Dec 2018 | 25.73B | -9.01% | 14.60B | -11.13B | 0.60 |
| FY2017 | 31 Dec 2017 | 28.27B | -10.73% | 12.84B | -15.44B | 0.71 |
| FY2016 | 31 Dec 2016 | 31.67B | -2.14% | 13.30B | -18.37B | 0.90 |
| FY2015 | 31 Dec 2015 | 32.36B | +3.90% | 18.49B | -13.88B | 0.80 |
| FY2014 | 31 Dec 2014 | 31.15B | +3.75% | 19.14B | -12.01B | 0.61 |
| FY2013 | 31 Dec 2013 | 30.02B | +40.41% | 20.47B | -9.55B | 0.51 |
| FY2012 | 31 Dec 2012 | 21.38B | -2.91% | 14.35B | -7.04B | 0.37 |
| FY2011 | 31 Dec 2011 | 22.02B | +16.10% | 10.13B | -11.89B | 0.47 |
| FY2010 | 31 Dec 2010 | 18.97B | +5.59% | 8.15B | -10.82B | 0.51 |
| FY2009 | 31 Dec 2009 | 17.97B | +66.03% | 5.48B | -12.49B | 0.52 |
| FY2008 | 31 Dec 2008 | 10.82B | — | 2.68B | -8.14B | 0.35 |
| FY2007 | 31 Dec 2007 | 0.00 | -100.00% | 3.36B | 3.36B | 0.00 |
| FY2006 | 31 Dec 2006 | 5.74B | +13.35% | 1.35B | -4.39B | 0.29 |
| FY2005 | 31 Dec 2005 | 5.06B | -15.56% | 2.05B | -3.01B | 0.32 |
| FY2004 | 31 Dec 2004 | 6.00B | +6.96% | 2.76B | -3.24B | 0.43 |
| FY2003 | 31 Dec 2003 | 5.61B | +4.86% | 2.50B | -3.11B | 0.53 |
| FY2002 | 31 Dec 2002 | 5.35B | +14.94% | 1.72B | -3.62B | 0.65 |
| FY2001 | 31 Dec 2001 | 4.65B | +11.53% | 719.00M | -3.93B | 0.81 |
| FY2000 | 31 Dec 2000 | 4.17B | -32.98% | 1.53B | -2.64B | 0.55 |
| FY1999 | 31 Dec 1999 | 6.22B | +4.93% | 0.00 | -6.22B | 1.20 |
| FY1998 | 31 Dec 1998 | 5.93B | — | 0.00 | -5.93B | 1.09 |
| Quarter | Period ending | Total debt | Growth on a year before | Cash and short-term investments | Net cash | Debt to equity |
|---|---|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 29.66B | -4.17% | 24.00B | -5.67B | 0.66 |
| Q2 FY2026 | 30 Jun 2026 | 32.42B | -5.61% | 23.73B | -8.69B | 0.75 |
| Q1 FY2026 | 31 Mar 2026 | 31.86B | +7.02% | 20.10B | -11.76B | 0.73 |
| Q4 FY2025 | 31 Dec 2025 | 33.44B | +11.13% | 19.33B | -14.11B | 0.83 |
| Q3 FY2025 | 29 Sept 2025 | 30.95B | +4.59% | 22.39B | -8.56B | 0.76 |
| Q2 FY2025 | 30 Jun 2025 | 34.35B | +5.37% | 23.80B | -10.55B | 0.82 |
| Q1 FY2025 | 31 Mar 2025 | 29.77B | +2.96% | 24.85B | -4.92B | 0.65 |
| Q4 FY2024 | 31 Dec 2024 | 30.09B | -5.35% | 23.46B | -6.64B | 0.71 |
| Q3 FY2024 | 30 Sept 2024 | 29.60B | -0.59% | 28.91B | -682.00M | 0.67 |
| Q2 FY2024 | 30 Jun 2024 | 32.60B | +6.54% | 30.70B | -1.90B | 0.75 |
| Q1 FY2024 | 31 Mar 2024 | 28.91B | -7.13% | 35.77B | 6.86B | 0.58 |
| Q4 FY2023 | 31 Dec 2023 | 31.80B | -1.15% | 38.87B | 7.07B | 0.66 |
| Q3 FY2023 | 30 Sept 2023 | 29.77B | -7.05% | 37.93B | 8.16B | 0.61 |
| Q2 FY2023 | 30 Jun 2023 | 30.60B | -8.10% | 42.56B | 11.97B | 0.62 |
| Q1 FY2023 | 31 Mar 2023 | 31.13B | -8.82% | 52.49B | 21.36B | 0.54 |
| Q4 FY2022 | 31 Dec 2022 | 32.17B | -11.24% | 45.46B | 13.29B | 0.60 |
| Q3 FY2022 | 30 Sept 2022 | 32.03B | -7.30% | 44.34B | 12.32B | 0.75 |
| Q2 FY2022 | 30 Jun 2022 | 33.29B | -6.17% | 45.69B | 12.39B | 0.81 |
| Q1 FY2022 | 31 Mar 2022 | 34.14B | -2.21% | 44.57B | 10.43B | 0.79 |
| Q4 FY2021 | 31 Dec 2021 | 36.24B | -4.92% | 35.37B | -867.00M | 0.93 |
| Q3 FY2021 | 30 Sept 2021 | 34.55B | -7.79% | 28.85B | -5.70B | 0.93 |
| Q2 FY2021 | 30 Jun 2021 | 35.48B | -4.38% | 25.06B | -10.42B | 0.96 |
| Q1 FY2021 | 31 Mar 2021 | 34.91B | +22.41% | 19.91B | -15.00B | 0.98 |
| Q4 FY2020 | 31 Dec 2020 | 38.12B | +31.29% | 18.62B | -19.49B | 1.13 |
| Q3 FY2020 | 30 Sept 2020 | 37.47B | +30.21% | 18.41B | -19.06B | 1.10 |
| Q2 FY2020 | 30 Jun 2020 | 37.11B | +21.70% | 19.02B | -18.09B | 1.04 |
| Q1 FY2020 | 31 Mar 2020 | 28.52B | -4.29% | 12.97B | -15.55B | 0.79 |
| Q4 FY2019 | 31 Dec 2019 | 29.03B | +12.85% | 12.60B | -16.43B | 0.71 |
| Q3 FY2019 | 30 Sept 2019 | 28.78B | +10.69% | 14.04B | -14.74B | 0.70 |
| Q2 FY2019 | 30 Jun 2019 | 30.49B | +15.23% | 15.57B | -14.93B | 0.68 |
| Q1 FY2019 | 31 Mar 2019 | 29.80B | +7.07% | 15.78B | -14.02B | 0.66 |
| Q4 FY2018 | 31 Dec 2018 | 25.73B | -9.01% | 14.60B | -11.13B | 0.60 |
| Q3 FY2018 | 30 Sept 2018 | 26.00B | -16.83% | 13.54B | -12.45B | 0.62 |
| Q2 FY2018 | 30 Jun 2018 | 26.46B | -17.76% | 12.10B | -14.36B | 0.65 |
| Q1 FY2018 | 31 Mar 2018 | 27.83B | -12.45% | 14.94B | -12.89B | 0.65 |
| Q4 FY2017 | 31 Dec 2017 | 28.27B | -10.73% | 12.84B | -15.44B | 0.71 |
| Q3 FY2017 | 30 Sept 2017 | 31.26B | -6.03% | 17.92B | -13.34B | 0.82 |
| Q2 FY2017 | 30 Jun 2017 | 32.18B | -3.01% | 18.58B | -13.59B | 0.85 |
| Q1 FY2017 | 31 Mar 2017 | 31.79B | -3.69% | 17.25B | -14.54B | 0.87 |
| Q4 FY2016 | 31 Dec 2016 | 31.67B | -2.14% | 13.30B | -18.37B | 0.90 |
| Q3 FY2016 | 30 Sept 2016 | 33.26B | +1.25% | 17.25B | -16.01B | 0.83 |
| Q2 FY2016 | 30 Jun 2016 | 33.18B | +2.07% | 15.98B | -17.20B | 0.83 |
| Q1 FY2016 | 31 Mar 2016 | 33.01B | -1.59% | 17.83B | -15.17B | 0.78 |
| Q4 FY2015 | 31 Dec 2015 | 32.36B | +3.90% | 18.49B | -13.88B | 0.80 |
| Q3 FY2015 | 30 Sept 2015 | 32.85B | +12.34% | 20.74B | -12.11B | 0.78 |
| Q2 FY2015 | 30 Jun 2015 | 32.50B | +8.09% | 20.63B | -11.87B | 0.72 |
| Q1 FY2015 | 31 Mar 2015 | 33.54B | +11.28% | 20.95B | -12.58B | 0.74 |
| Q4 FY2014 | 31 Dec 2014 | 31.15B | +3.75% | 19.14B | -12.01B | 0.61 |
| Q3 FY2014 | 30 Sept 2014 | 29.24B | +13.05% | 18.10B | -11.14B | 0.52 |
| Q2 FY2014 | 30 Jun 2014 | 30.07B | +32.88% | 19.57B | -10.50B | 0.50 |
| Q1 FY2014 | 31 Mar 2014 | 30.14B | +50.25% | 25.26B | -4.88B | 0.48 |
| Q4 FY2013 | 31 Dec 2013 | 30.02B | +40.41% | 20.47B | -9.55B | 0.51 |
| Q3 FY2013 | 30 Sept 2013 | 25.87B | +32.02% | 16.41B | -9.45B | 0.46 |
| Q2 FY2013 | 30 Jun 2013 | 22.63B | +11.71% | 9.38B | -13.25B | 0.42 |
| Q1 FY2013 | 31 Mar 2013 | 20.06B | -7.18% | 14.63B | -5.43B | 0.35 |
| Q4 FY2012 | 31 Dec 2012 | 21.38B | -2.91% | 14.35B | -7.04B | 0.37 |
| Q3 FY2012 | 30 Sept 2012 | 19.59B | -4.80% | 14.73B | -4.87B | 0.36 |
| Q2 FY2012 | 30 Jun 2012 | 20.26B | -0.16% | 14.13B | -6.13B | 0.40 |
| Q1 FY2012 | 31 Mar 2012 | 21.61B | +7.65% | 15.31B | -6.30B | 0.43 |
| Q4 FY2011 | 31 Dec 2011 | 22.02B | — | 9.11B | -12.91B | 0.47 |
| Q3 FY2011 | 30 Sept 2011 | 20.58B | +4.02% | 16.45B | -4.13B | 0.47 |
| Q2 FY2011 | 30 Jun 2011 | 20.29B | +22.55% | 14.54B | -5.75B | 0.46 |
| Q1 FY2011 | 31 Mar 2011 | 20.08B | +16.34% | 12.81B | -7.27B | 0.49 |
| Q4 FY2010 | 31 Dec 2010 | 0.00 | -100.00% | 7.12B | 7.12B | 0.00 |
| Q3 FY2010 | 30 Sept 2010 | 19.79B | +10.30% | 9.04B | -10.75B | 0.55 |
| Q2 FY2010 | 30 Jun 2010 | 16.56B | +4.28% | 4.83B | -11.73B | 0.52 |
| Q1 FY2010 | 31 Mar 2010 | 17.25B | +24.69% | 7.10B | -10.15B | 0.48 |
| Q4 FY2009 | 31 Dec 2009 | 17.97B | +66.03% | 6.40B | -11.56B | 0.52 |
| Q3 FY2009 | 30 Sept 2009 | 17.94B | — | 12.30B | -5.64B | 0.54 |
| Q2 FY2009 | 30 Jun 2009 | 15.88B | — | 4.61B | -11.27B | 0.54 |
| Q1 FY2009 | 31 Mar 2009 | 13.84B | — | 7.42B | -6.42B | 0.44 |
| Q4 FY2008 | 31 Dec 2008 | 10.82B | — | 2.68B | -8.14B | 0.35 |
| Q3 FY2008 | 30 Sept 2008 | 0.00 | -100.00% | 11.45B | 11.45B | 0.00 |
| Q2 FY2008 | 30 Jun 2008 | 0.00 | — | 3.95B | 3.95B | 0.00 |
| Q1 FY2008 | 31 Mar 2008 | 0.00 | -100.00% | 6.46B | 6.46B | 0.00 |
| Q4 FY2007 | 31 Dec 2007 | 0.00 | -100.00% | 3.36B | 3.36B | 0.00 |
| Q3 FY2007 | 30 Sept 2007 | 7.42B | +30.27% | 2.33B | -5.09B | 0.32 |
| Q2 FY2007 | 30 Jun 2007 | 0.00 | -100.00% | 568.00M | 568.00M | 0.00 |
| Q1 FY2007 | 31 Mar 2007 | 5.64B | +2.70% | 4.59B | -1.04B | 0.26 |
| Q4 FY2006 | 31 Dec 2006 | 5.74B | +13.35% | 1.35B | -4.39B | 0.29 |
| Q3 FY2006 | 30 Sept 2006 | 5.70B | +4.65% | 6.60B | 903.00M | 0.32 |
| Q2 FY2006 | 30 Jun 2006 | 5.34B | -6.63% | 3.05B | -2.29B | 0.32 |
| Q1 FY2006 | 31 Mar 2006 | 5.49B | -0.83% | 6.40B | 908.00M | 0.31 |
| Q4 FY2005 | 31 Dec 2005 | 5.06B | -15.56% | 2.05B | -3.01B | 0.32 |
| Q3 FY2005 | 30 Sept 2005 | 5.44B | -10.15% | 2.39B | -3.06B | 0.37 |
| Q2 FY2005 | 30 Jun 2005 | 5.72B | -2.59% | 468.00M | -5.25B | 0.43 |
| Q1 FY2005 | 31 Mar 2005 | 5.54B | -0.68% | 4.67B | -867.00M | 0.38 |
| Q4 FY2004 | 31 Dec 2004 | 6.00B | +6.96% | 2.76B | -3.24B | 0.43 |
| Q3 FY2004 | 30 Sept 2004 | 6.06B | +13.00% | 3.43B | -2.63B | 0.52 |
| Q2 FY2004 | 30 Jun 2004 | 5.87B | +8.71% | 2.46B | -3.41B | 0.55 |
| Q1 FY2004 | 31 Mar 2004 | 5.57B | +7.71% | 3.83B | -1.74B | 0.51 |
| Q4 FY2003 | 31 Dec 2003 | 5.61B | +4.86% | 2.50B | -3.11B | 0.53 |
| Q3 FY2003 | 30 Sept 2003 | 5.36B | +8.46% | 3.82B | -1.55B | 0.57 |
| Q2 FY2003 | 30 Jun 2003 | 5.40B | +6.91% | 2.51B | -2.89B | 0.62 |
| Q1 FY2003 | 31 Mar 2003 | 5.17B | +13.81% | 3.66B | -1.51B | 0.60 |
| Q4 FY2002 | 31 Dec 2002 | 5.35B | +14.94% | 1.72B | -3.62B | 0.65 |
| Q3 FY2002 | 30 Sept 2002 | 4.94B | -3.02% | 2.32B | -2.62B | 0.69 |
| Q2 FY2002 | 30 Jun 2002 | 5.05B | -5.86% | 911.00M | -4.14B | 0.74 |
| Q1 FY2002 | 31 Mar 2002 | 4.55B | — | 1.68B | -2.87B | 0.75 |
| Q4 FY2001 | 31 Dec 2001 | 4.65B | — | 719.00M | -3.93B | 0.81 |
| Q3 FY2001 | 30 Sept 2001 | 5.10B | — | 2.40B | -2.69B | 0.93 |
| Q2 FY2001 | 30 Jun 2001 | 5.36B | — | 607.00M | -4.76B | 1.11 |
Figures in USD at the end of each period. Net cash is cash and short-term investments less total debt; book value per share is on the diluted share count. The latest column is the most recent quarter.
Total debt counts commercial paper, term debt and lease liabilities.
See also:Revenue,Net income,EPS,Shares outstanding,Operating income,Cash on hand,Free cash flow,Stock buybacks,Balance sheet
Common questions about Equinor ASA's debt
Source: Financial Modeling Prep