Equinor ASA (DNQA) — Cash Flow Quality Index

Latest as of March 2026: 1.68x

Equinor ASA (DNQA) has a Cash Flow Quality Index of 1.68x as of March 2026. Operating cash flow of €5.21 Billion exceeds net income of €3.11 Billion, indicating high earnings quality where cash backs reported profits. Explore DNQA strategic capital deployment ratio to see how much of total assets are deployed in long-term investments.

Cash Flow Quality Index

1.68x
Operating CF / Net Income

Operating Cash Flow

€5.21 Billion
EUR

Net Income

€3.11 Billion
EUR

Data as of

Mar 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. Check DNQA intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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

Year-by-year earnings quality comparison for Equinor ASA. For live market cap and the full company financial profile, see Equinor ASA market cap and net worth.

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.