Equinor ASA (DNQA) — Cash Flow Reinvestment Rate
Equinor ASA (DNQA) has a Cash Flow Reinvestment Rate of 0.42x as of June 2026, reinvesting €3.95 Billion (capex €2.87 Billion plus investments €-1.07 Billion) from operating cash flow of €9.47 Billion. See Equinor ASA free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Equinor ASA Cash Flow Reinvestment Rate (2016–2025)
Historical reinvestment intensity for Equinor ASA across 10 annual periods. For the full cash flow conversion analysis, see how efficiently does Equinor ASA generate cash.
Annual Cash Flow Reinvestment Rate for Equinor ASA (2016–2025)
Year-by-year capital reinvestment analysis for Equinor ASA. See DNQA FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (EUR) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.79x | €15.85 Billion | €19.97 Billion | €13.99 Billion | ▼ -28.8% |
| 2024 | 1.11x | €21.68 Billion | €19.46 Billion | €12.18 Billion | ▲ +11.1% |
| 2023 | 1.00x | €26.30 Billion | €26.23 Billion | €9.77 Billion | ▲ +86.9% |
| 2022 | 0.54x | €18.85 Billion | €35.14 Billion | €8.76 Billion | ▼ -14.1% |
| 2021 | 0.62x | €17.99 Billion | €28.82 Billion | €8.04 Billion | ▼ -46.8% |
| 2020 | 1.17x | €12.18 Billion | €10.39 Billion | €8.48 Billion | ▲ +43.7% |
| 2019 | 0.82x | €11.22 Billion | €13.75 Billion | €10.20 Billion | ▲ +26.3% |
| 2018 | 0.65x | €12.72 Billion | €19.69 Billion | €11.37 Billion | ▼ -15.7% |
| 2017 | 0.77x | €11.35 Billion | €14.80 Billion | €10.76 Billion | ▼ -70.1% |
| 2016 | 2.57x | €22.64 Billion | €8.82 Billion | €12.19 Billion | — |