Equinor Asa Free Cash Flow (FCF) History (EQNR)
Equinor Asa reported $5.98B in free cash flow for fiscal 2025, a decrease of 17.99% from the previous fiscal year, with a free cash flow margin of 5.61%.
View full Equinor Asa company overviewEquinor Asa free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $5.98B | −$1.31B | −17.99% | +5.61% |
| 2024 | 2024-12-31 | $7.29B | −$11.39B | −60.99% | +7.02% |
| 2023 | 2023-12-31 | $18.68B | −$7.70B | −29.18% | +17.43% |
| 2022 | 2022-12-31 | $26.38B | $5.60B | +26.96% | +17.49% |
| 2021 | 2021-12-31 | $20.78B | $18.87B | +987.75% | +22.85% |
| 2020 | 2020-12-31 | $1.91B | −$1.64B | −46.12% | +4.17% |
| 2019 | 2019-12-31 | $3.54B | −$4.78B | −57.43% | +5.51% |
| 2018 | 2018-12-31 | $8.33B | $4.28B | +105.76% | +10.46% |
| 2017 | 2017-12-31 | $4.05B | $7.42B | — | +6.61% |
| 2016 | 2016-12-31 | −$3.37B | −$1.48B | — | −7.35% |
| 2015 | 2015-12-31 | −$1.89B | — | — | −3.17% |
Equinor Asa quarterly free cash flow
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2022 | 2022-06-30 | $6.81B | $8.34B | — | +18.67% |
| Q1 2022 | 2022-03-31 | $13.59B | $10.90B | +404.60% | +37.34% |
| Q2 2021 | 2021-06-30 | $4.90B | $5.07B | — | +28.04% |
| Q1 2021 | 2021-03-31 | $3.83B | $732.0M | +23.61% | +21.79% |
| Q2 2020 | 2020-06-30 | −$1.53B | −$1.76B | — | −20.14% |
| Q1 2020 | 2020-03-31 | $2.69B | −$1.85B | −40.76% | +17.80% |
| Q2 2019 | 2019-06-30 | −$173.0M | −$1.88B | — | −1.01% |
| Q1 2019 | 2019-03-31 | $3.10B | — | — | +18.81% |
| Q2 2018 | 2018-06-30 | $228.0M | — | — | +1.26% |
| Q1 2018 | 2018-03-31 | $4.55B | — | — | +22.86% |
| Q2 2017 | 2017-06-30 | $1.71B | — | — | +11.42% |
Equinor Asa free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $1.91B to $5.98B, a compound annual growth rate of 25.63%. Equinor Asa's latest reported quarter, Q2 2022, generated $6.81B in free cash flow, an increase of $8.34B year over year.
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Equinor Asa filings at SEC.gov ↗