Equinor ASA Cash Flow Reinvestment Rate

Latest as of June 2026: 0.42x

Equinor ASA 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. Explore DNQA operating cash flow to total debt to assess how comfortably operating cash covers total debt obligations.

Reinvestment Rate

0.42x
(Capex + Investments) / Operating CF

Total Reinvested

€3.95 Billion
Capex + Investments

Operating Cash Flow

€9.47 Billion
EUR

Capital Expenditures

€2.87 Billion
EUR

Cash Flow Reinvestment Rate of Equinor ASA (2016–2025)

Cash flow reinvestment rate of Equinor ASA from 2016 to 2025. Historical reinvestment intensity for Equinor ASA across 10 annual periods. Explore Equinor ASA (DNQA) capital reinvestment to see what proportion of operating cash flow is directed to capital expenditures.

Equinor ASA Cash Flow Reinvestment Rate by Year (2016–2025)

Equinor ASA cash flow reinvestment rate by year from 2016 to 2025. Year-by-year capital reinvestment analysis for Equinor ASA. For the full cash flow conversion analysis, see DNQA cash generation efficiency.

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 —
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow