Equinor ASA (DNQA) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Equinor ASA (DNQA) has a cash flow conversion efficiency ratio of 0.119x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€5.21 Billion ≈ $6.09 Billion USD) by net assets (€43.64 Billion ≈ $51.02 Billion USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Equinor ASA (DNQA) net asset quality to measure how much of total assets are equity-financed.
Equinor ASA - Cash Flow Conversion Efficiency Trend (2016–2025)
This chart illustrates how Equinor ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check DNQA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
Equinor ASA Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Equinor ASA ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Emerson Electric Company
NYSE:EMR
|
0.038x |
|
Suncor Energy Inc
TO:SU
|
0.053x |
|
Lloyds Banking Group plc
MX:LYGN
|
N/A |
|
ESSILORLUXOTTICA 1/2/O.N.
F:ESLC
|
N/A |
|
American Tower Corp
NYSE:AMT
|
0.135x |
|
Christian Dior SE
PA:CDI
|
0.165x |
|
BAE SYSTEMS ADR/4 LS-025
F:BSPA
|
N/A |
|
NetEase Inc
NASDAQ:NTES
|
0.088x |
Annual Cash Flow Conversion Efficiency for Equinor ASA (2016–2025)
The table below shows the annual cash flow conversion efficiency of Equinor ASA from 2016 to 2025. For the full company profile with market capitalisation and key ratios, see DNQA market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | €40.50 Billion ≈ $47.35 Billion |
€19.97 Billion ≈ $23.35 Billion |
0.493x | +7.37% |
| 2024-12-31 | €42.38 Billion ≈ $49.55 Billion |
€19.46 Billion ≈ $22.76 Billion |
0.459x | -15.08% |
| 2023-12-31 | €48.50 Billion ≈ $56.70 Billion |
€26.23 Billion ≈ $30.67 Billion |
0.541x | -16.89% |
| 2022-12-31 | €53.99 Billion ≈ $63.12 Billion |
€35.14 Billion ≈ $41.08 Billion |
0.651x | -11.87% |
| 2021-12-31 | €39.02 Billion ≈ $45.62 Billion |
€28.82 Billion ≈ $33.69 Billion |
0.738x | +140.96% |
| 2020-12-31 | €33.89 Billion ≈ $39.62 Billion |
€10.39 Billion ≈ $12.14 Billion |
0.306x | -8.26% |
| 2019-12-31 | €41.16 Billion ≈ $48.12 Billion |
€13.75 Billion ≈ $16.07 Billion |
0.334x | -27.08% |
| 2018-12-31 | €42.99 Billion ≈ $50.26 Billion |
€19.69 Billion ≈ $23.02 Billion |
0.458x | +23.44% |
| 2017-12-31 | €39.88 Billion ≈ $46.63 Billion |
€14.80 Billion ≈ $17.31 Billion |
0.371x | +47.72% |
| 2016-12-31 | €35.10 Billion ≈ $41.03 Billion |
€8.82 Billion ≈ $10.31 Billion |
0.251x | -- |
About Equinor ASA
Equinor ASA operates as an energy company in Norway and internationally. It operates through Exploration & Production Norway; Exploration & Production International; Exploration & Production USA; Marketing, Midstream & Processing; and Renewables segments. The company engages in the discovery and appraisal of new resources, as well as commercial development and operation of the oil and gas portfol… Read more