Equinor ASA Cash Flow Reinvestment Rate

Latest as of December 2025: 0.70x

Equinor ASA 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. See EQNR free cash flow debt coverage to measure the company's free cash flow as a share of total liabilities.

Reinvestment Rate

0.70x
(Capex + Investments) / Operating CF

Total Reinvested

Nkr13.99 Billion
Capex + Investments

Operating Cash Flow

Nkr19.97 Billion
NOK

Capital Expenditures

Nkr13.99 Billion
NOK

Cash Flow Reinvestment Rate of Equinor ASA (1998–2025)

Cash flow reinvestment rate of Equinor ASA from 1998 to 2025. Historical reinvestment intensity for Equinor ASA across 28 annual periods. Explore EQNR debt coverage from operations to assess how comfortably operating cash covers total debt obligations.

Equinor ASA Cash Flow Reinvestment Rate by Year (1998–2025)

Equinor ASA cash flow reinvestment rate by year from 1998 to 2025. Year-by-year capital reinvestment analysis for Equinor ASA. For the full cash flow conversion analysis, see how efficiently does Equinor ASA generate cash.

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