Equinor ASA Cash Flow Statement
NYSE: EQNREnergyIntegrated oil CompaniesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Equinor ASA free cash flow
In fiscal 2025, Equinor ASA generated $19.97 billion of operating cash flow and spent $13.99 billion on capital expenditures. That left free cash flow of $5.98 billion, a free-cash-flow margin of 5.6% of revenue. Free cash flow was down 18.0% from the prior year's $7.29 billion.
Equinor ASA returned $10.71 billion to shareholders: $4.79 billion in dividends and $5.92 billion in share repurchases, equal to 179% of free cash flow. Free cash flow covered dividend payments 1.2 times.
Summary generated from market data by MetaCap's automated system. Methodology
Equinor ASA cash flow statement (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20202020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | 5.06B | 8.83B | 11.90B | 28.74B | 8.58B | -5.50B | 1.85B | 7.54B | 4.60B | -2.90B |
| Net Income growth (YoY) | -42.71% | -25.83% | -58.59% | +235.17% | — | -396.92% | -75.44% | +63.94% | — | — |
| Depreciation & Amortization | 9.84B | 9.68B | 9.37B | 8.88B | 10.43B | 9.52B | — | — | — | — |
| Operating Cash Flow | 19.97B | 19.46B | 29.26B | 35.14B | 28.82B | 10.39B | 13.75B | 19.69B | 14.80B | 8.82B |
| Capital Expenditures | -13.99B | -12.18B | -10.57B | -8.76B | -8.04B | -8.48B | -10.20B | -11.37B | -10.76B | -12.19B |
| Investing Cash Flow | -9.60B | -3.53B | -12.41B | -15.86B | -16.21B | -12.09B | -10.59B | -11.21B | -10.12B | -10.23B |
| Dividends Paid | -4.79B | -8.58B | -10.91B | -5.38B | -1.80B | -2.33B | -3.34B | -2.67B | -1.49B | -1.88B |
| Share Repurchases | -5.92B | -6.01B | -5.59B | -3.31B | -321.00M | -1.06B | 442.00M | 0 | 0 | — |
| Debt Issued | 5.92B | 0 | 0 | 0 | 0 | 8.35B | 984.00M | 998.00M | 0 | 1.32B |
| Debt Repaid | -2.40B | -2.59B | -2.82B | -250.00M | -2.67B | -2.06B | -1.31B | -2.88B | -4.78B | -1.07B |
| Financing Cash Flow | -11.53B | -17.74B | -18.14B | -15.41B | -4.84B | 2.99B | -5.50B | -5.02B | -5.82B | -1.96B |
| Free Cash Flow | 5.98B | 7.29B | 18.68B | 26.38B | 20.78B | 1.91B | 3.54B | 8.33B | 4.05B | -3.37B |
This table shows 10 annual periods of Equinor ASA's cash flow statement, from FY 2025 back to FY 2016, across 11 line items including net income, depreciation & amortization, operating cash flow. Values in USD; B = billions, M = millions. Fiscal periods follow EQNR's reporting calendar. What is a cash flow statement?