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. Check Equinor ASA cash flow quality index to evaluate the quality of earnings relative to operating cash generation.
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. Explore EQNR long-term investment intensity to see how much of total assets are deployed in long-term investments.
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 market capitalisation.
| 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 | — |