Equinor ASA balance sheet STOHF

Annual Quarterly

As of Dec 31, 2025, Equinor ASA had total assets of $131.7 billion and total liabilities of $91.2 billion. Total assets were up 0.4% from a year earlier. Stockholders' equity was $40.5 billion. It held $5.0 billion in cash and investments against $33.6 billion of total debt, net debt of $28.5 billion.

USD in millions, except ratios and per-share amounts. The percent under a figure is the change from the year before.

Line	FY 2025 Dec 31, 2025	FY 2024 Dec 31, 2024	FY 2023 Dec 31, 2023	FY 2022 Dec 31, 2022	FY 2021 Dec 31, 2021	FY 2020 Dec 31, 2020	FY 2019 Dec 31, 2019	FY 2018 Dec 31, 2018	FY 2017 Dec 31, 2017
Assets
Cash	5,036 -14.7%	5,903 -26.9%	8,070 -14.6%	9,451 -32.4%	13,987 +107.0%	6,757 +30.5%	5,177 -31.5%	7,556 +72.1%	4,390
Cash and investments	5,036 -14.7%	5,903 -26.9%	8,070 -14.6%	9,451 -32.4%	13,987 +107.0%	6,757 +30.5%	5,177 -31.5%	7,556 +72.1%	4,390
Inventory	3,330 -17.4%	4,031 +5.7%	3,814 -26.7%	5,205 +53.3%	3,395 +10.1%	3,084 -8.3%	3,363 +56.9%	2,144 -36.9%	3,398
Total current assets	—	—	60,990 -20.9%	77,152 +24.8%	61,826 +100.6%	30,824 +24.4%	24,778 -4.9%	26,056 +0.9%	25,820
Property and equipment, net	—	—	58,822 +4.1%	56,498 -9.0%	62,075 -9.4%	68,508 -4.5%	71,751 +9.9%	65,262 +2.6%	63,637
Total assets	131,727 +0.4%	131,141 -8.7%	143,580 -9.1%	158,021 +7.4%	147,120 +17.9%	124,809 +4.1%	119,861 +6.5%	112,508 +1.3%	111,100
Liabilities and equity
Accounts payable	9,700 -12.7%	11,110	—	—	—	—	—	—	—
Total current liabilities	—	—	35,719 -18.0%	43,539 +11.6%	39,005 +100.0%	19,502 -0.3%	19,557 +17.8%	16,605 -12.7%	19,017
Total liabilities	91,230 +2.8%	88,761 -6.6%	95,080 -8.6%	104,032 -3.8%	108,096 +18.9%	90,917 +15.5%	78,702 +13.2%	69,519 -2.4%	71,214
Stockholders' equity	40,497 -4.4%	42,380 -12.6%	48,500 -10.2%	53,989 +38.3%	39,024 +15.1%	33,892 -17.7%	41,159 -4.3%	42,990 +7.8%	39,885
Debt
Debt due within a year	6,383 +46.7%	4,350 -9.4%	4,800 -5.8%	5,094 +916.8%	501 -87.3%	3,947 -1.5%	4,008 +76.6%	2,270 -61.0%	5,815
Long-term debt	23,763 +22.7%	19,361 -12.9%	22,230 -7.9%	24,141 -11.9%	27,404 -5.9%	29,118 +33.9%	21,754 -6.5%	23,264 -3.8%	24,183
Lease liabilities	3,412 -2.8%	3,510 -1.7%	3,570 -2.7%	3,668 +3.0%	3,562 -19.1%	4,405 +1.5%	4,339 -6.9%	—	—
Total debt	33,558 +23.3%	27,221 -11.0%	30,600 -7.0%	32,903 +4.6%	31,467 -16.0%	37,470 +24.5%	30,101 -0.3%	25,534 -14.9%	29,998
Net cash	-28,522 -33.8%	-21,318 +5.4%	-22,530 +3.9%	-23,452 -34.2%	-17,480 +43.1%	-30,713 -23.2%	-24,924 -10.1%	-17,978 +29.8%	-25,608
Ratios
Current ratio	—	—	1.71x	1.77x	1.59x	1.58x	1.27x	1.57x	1.36x
Debt to equity	0.83x	0.64x	0.63x	0.61x	0.81x	1.11x	0.73x	0.59x	0.75x
Debt to EBITDA	0.95x	0.67x	0.68x	0.38x	—	—	—	—	—
Return on equity	12.49%	20.83%	24.54%	53.24%	21.98%	-16.22%	4.50%	17.53%	11.53%
Return on assets	3.84%	6.73%	8.29%	18.19%	5.83%	-4.40%	1.54%	6.70%	4.14%

How these figures are calculated

Annual columns are full-year amounts from the annual report (Form 10-K, 20-F, or 40-F). If a company restates a year, the latest filed number is shown. USD in millions, except ratios and per-share amounts. Cash and investments adds short-term and long-term marketable securities to cash. Debt due within a year is the borrowings that are not already in long-term debt. Total debt is those borrowings plus lease liabilities. Net cash is cash and investments minus total debt. Return on equity and return on assets divide the trailing twelve months of net income by the balance on that date. Debt to EBITDA uses the trailing twelve months of EBITDA. More on our methodology.

Company profile

Industry: Petroleum Refining (SIC 2911)
Listed as: EQNR (NYSE), STOHF (OTC)
Fiscal year ends: December 31
Headquarters: Stavanger Norway, Norway
SEC filer status: Large accelerated filer
SEC CIK: 1140625
Former names: STATOIL ASA (until May 16, 2018); STATOILHYDRO ASA (until Oct 19, 2009)

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Source: SEC EDGAR filings. This is company-reported data, not investment advice.