Equinor ASA (DNQA) — Capital Reinvestment Ratio
Latest as of March 2026:
0.60x
Equinor ASA (DNQA) has a Capital Reinvestment Ratio of 0.60x as of March 2026, meaning it reinvests 1% of its operating cash flow (€5.21 Billion) in capital expenditures (€3.12 Billion). See cash generation quality of Equinor ASA to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.60x
Capex / Operating Cash Flow
Operating Cash Flow
€5.21 Billion
EUR
Capital Expenditures
€3.12 Billion
EUR
Data as of
Mar 2026
Most recent filing
Equinor ASA Capital Reinvestment Ratio (2016–2025)
This chart tracks Equinor ASA's Capital Reinvestment Ratio across 10 annual periods.
Annual Capital Reinvestment Ratio for Equinor ASA (2016–2025)
Year-by-year Capital Reinvestment Ratio for Equinor ASA from 2016 to 2025. For live market cap and broader valuation context, see Equinor ASA (DNQA) market capitalisation.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.70x | €19.97 Billion | €13.99 Billion | ▲ +12.0% |
| 2024 | 0.63x | €19.46 Billion | €12.18 Billion | ▲ +67.9% |
| 2023 | 0.37x | €26.23 Billion | €9.77 Billion | ▲ +49.5% |
| 2022 | 0.25x | €35.14 Billion | €8.76 Billion | ▼ -10.7% |
| 2021 | 0.28x | €28.82 Billion | €8.04 Billion | ▼ -65.8% |
| 2020 | 0.82x | €10.39 Billion | €8.48 Billion | ▲ +10.0% |
| 2019 | 0.74x | €13.75 Billion | €10.20 Billion | ▲ +28.6% |
| 2018 | 0.58x | €19.69 Billion | €11.37 Billion | ▼ -20.6% |
| 2017 | 0.73x | €14.80 Billion | €10.76 Billion | ▼ -47.4% |
| 2016 | 1.38x | €8.82 Billion | €12.19 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow