Equinor ASA (EQNR) — Cash Flow Reinvestment Rate
Equinor ASA (EQNR) has a Cash Flow Reinvestment Rate of 0.70x as of December 2025, reinvesting Nkr13.99 Billion (capex Nkr13.99 Billion ) from operating cash flow of Nkr19.97 Billion. Explore Equinor ASA (EQNR) reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Equinor ASA Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Equinor ASA across 28 annual periods. Also explore EQNR current and non-current assets for the complete picture of this company's asset base.
Annual Cash Flow Reinvestment Rate for Equinor ASA (1998–2025)
Year-by-year capital reinvestment analysis for Equinor ASA. For live market cap and broader valuation context, see Equinor ASA stock valuation.
| Year | Reinvestment Rate | Total Reinvested (NOK) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.70x | Nkr13.99 Billion | Nkr19.97 Billion | Nkr13.99 Billion | ▼ -10.3% |
| 2024 | 0.78x | Nkr15.71 Billion | Nkr20.11 Billion | Nkr12.18 Billion | ▼ -28.8% |
| 2023 | 1.10x | Nkr27.10 Billion | Nkr24.70 Billion | Nkr10.57 Billion | ▲ +56.6% |
| 2022 | 0.70x | Nkr24.62 Billion | Nkr35.14 Billion | Nkr8.76 Billion | ▲ +12.2% |
| 2021 | 0.62x | Nkr17.99 Billion | Nkr28.82 Billion | Nkr8.04 Billion | ▼ -46.8% |
| 2020 | 1.17x | Nkr12.18 Billion | Nkr10.39 Billion | Nkr8.48 Billion | ▲ +43.7% |
| 2019 | 0.82x | Nkr11.22 Billion | Nkr13.75 Billion | Nkr10.20 Billion | ▲ +26.3% |
| 2018 | 0.65x | Nkr12.72 Billion | Nkr19.69 Billion | Nkr11.37 Billion | ▼ -18.2% |
| 2017 | 0.79x | Nkr11.35 Billion | Nkr14.36 Billion | Nkr10.76 Billion | ▼ -68.5% |
| 2016 | 2.51x | Nkr22.64 Billion | Nkr9.03 Billion | Nkr12.19 Billion | ▲ +82.8% |
| 2015 | 1.37x | Nkr17.00 Billion | Nkr12.40 Billion | Nkr14.19 Billion | ▲ +26.7% |
| 2014 | 1.08x | Nkr18.41 Billion | Nkr17.01 Billion | Nkr16.49 Billion | ▼ -3.3% |
| 2013 | 1.12x | Nkr18.63 Billion | Nkr16.66 Billion | Nkr18.63 Billion | ▲ +27.4% |
| 2012 | 0.88x | Nkr20.13 Billion | Nkr22.93 Billion | Nkr20.13 Billion | ▲ +6.1% |
| 2011 | 0.83x | Nkr15.45 Billion | Nkr18.67 Billion | Nkr15.45 Billion | ▼ -14.6% |
| 2010 | 0.97x | Nkr13.32 Billion | Nkr13.75 Billion | Nkr13.32 Billion | ▼ -5.9% |
| 2009 | 1.03x | Nkr12.97 Billion | Nkr12.60 Billion | Nkr12.97 Billion | ▲ +52.2% |
| 2008 | 0.68x | Nkr9.97 Billion | Nkr14.73 Billion | Nkr9.97 Billion | ▼ -10.5% |
| 2007 | 0.76x | Nkr13.07 Billion | Nkr17.29 Billion | Nkr13.07 Billion | ▲ +9.7% |
| 2006 | 0.69x | Nkr6.73 Billion | Nkr9.77 Billion | Nkr6.73 Billion | ▲ +23.4% |
| 2005 | 0.56x | Nkr4.65 Billion | Nkr8.33 Billion | Nkr4.65 Billion | ▼ -31.9% |
| 2004 | 0.82x | Nkr5.27 Billion | Nkr6.43 Billion | Nkr5.27 Billion | ▲ +14.3% |
| 2003 | 0.72x | Nkr3.32 Billion | Nkr4.63 Billion | Nkr3.32 Billion | ▼ -3.9% |
| 2002 | 0.75x | Nkr2.58 Billion | Nkr3.46 Billion | Nkr2.58 Billion | ▲ +75.4% |
| 2001 | 0.43x | Nkr1.85 Billion | Nkr4.36 Billion | Nkr1.85 Billion | ▲ +39.5% |
| 2000 | 0.30x | Nkr1.95 Billion | Nkr6.40 Billion | Nkr1.95 Billion | ▼ -76.1% |
| 1999 | 1.28x | Nkr3.21 Billion | Nkr2.52 Billion | Nkr3.21 Billion | ▼ -42.0% |
| 1998 | 2.20x | Nkr2.91 Billion | Nkr1.32 Billion | Nkr2.91 Billion | — |