Equinor ASA (DNQA) — Free Cash Flow Generation Index
Equinor ASA (DNQA) has a Free Cash Flow Generation Index of 0.70x as of June 2026. Free cash flow of €6.60 Billion represents 1% of operating cash flow (€9.47 Billion). Explore DNQA capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.
FCF Generation Index
Free Cash Flow
Operating Cash Flow
Capital Expenditures
Equinor ASA Free Cash Flow Generation Index (2016–2025)
Historical FCF Generation Index trend for Equinor ASA across 10 annual periods. For the full cash flow conversion analysis, see Equinor ASA (DNQA) cash conversion ratio.
Annual Free Cash Flow Generation for Equinor ASA (2016–2025)
Year-by-year Free Cash Flow Generation Index for Equinor ASA. Check Equinor ASA investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
| Year | FCG Index | Free Cash Flow (EUR) | Operating CF | Capital Expenditures | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.30x | €5.98 Billion | €19.97 Billion | €13.99 Billion | ▼ -20.1% |
| 2024 | 0.37x | €7.29 Billion | €19.46 Billion | €12.18 Billion | ▼ -40.3% |
| 2023 | 0.63x | €16.46 Billion | €26.23 Billion | €9.77 Billion | ▼ -16.4% |
| 2022 | 0.75x | €26.38 Billion | €35.14 Billion | €8.76 Billion | ▲ +4.1% |
| 2021 | 0.72x | €20.78 Billion | €28.82 Billion | €8.04 Billion | ▲ +292.1% |
| 2020 | 0.18x | €1.91 Billion | €10.39 Billion | €8.48 Billion | ▼ -28.7% |
| 2019 | 0.26x | €3.54 Billion | €13.75 Billion | €10.20 Billion | ▼ -39.0% |
| 2018 | 0.42x | €8.33 Billion | €19.69 Billion | €11.37 Billion | ▲ +73.5% |
| 2017 | 0.24x | €3.61 Billion | €14.80 Billion | €10.76 Billion | ▼ -89.8% |
| 2016 | 2.38x | €21.01 Billion | €8.82 Billion | €12.19 Billion | — |