Equinor ASA (DNQA) — Cash Flow Quality Index

Latest as of June 2026: 1.95x

Equinor ASA (DNQA) has a Cash Flow Quality Index of 1.95x as of June 2026. Operating cash flow of €9.47 Billion exceeds net income of €4.85 Billion, indicating high earnings quality where cash backs reported profits. Explore DNQA operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

1.95x
Operating CF / Net Income

Operating Cash Flow

€9.47 Billion
EUR

Net Income

€4.85 Billion
EUR

Data as of

Jun 2026
Most recent filing

Equinor ASA Cash Flow Quality Index (2017–2025)

Historical Cash Flow Quality Index for Equinor ASA across 8 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see cash efficiency ratio of Equinor ASA.

Annual Cash Flow Quality Index for Equinor ASA (2017–2025)

Year-by-year earnings quality comparison for Equinor ASA.

Year Quality Index Operating CF (EUR) Net Income YoY Change
2025 3.96x €19.97 Billion €5.04 Billion ▲ +79.2%
2024 2.21x €19.46 Billion €8.81 Billion ▲ +0.1%
2023 2.21x €26.23 Billion €11.88 Billion ▲ +80.6%
2022 1.22x €35.14 Billion €28.75 Billion ▼ -63.7%
2021 3.37x €28.82 Billion €8.56 Billion ▼ -54.9%
2019 7.46x €13.75 Billion €1.84 Billion ▲ +185.4%
2018 2.61x €19.69 Billion €7.54 Billion ▼ -19.0%
2017 3.22x €14.80 Billion €4.59 Billion
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.