EQUINOR ASA financials
Also U.S.-listed. EQUINOR ASA is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: EQNR — EQUINOR ASA
EQUINOR ASA
Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI:
OW6OFBNCKXC4US5C7523 Financial statements
(USD, as reported — unscaled; 104 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Revenue | $103.77B | $107.17B | $150.81B |
| Cost of sales | $50.04B | $48.17B | $53.81B |
| Other income | $1.22B | $327.0M | $1.18B |
| Operating expenses | $72.85B | $71.40B | $72.00B |
| Operating profit (EBIT) | $30.93B | $35.77B | $78.81B |
| Net finance income / (cost) | $58.0M | $2.11B | -$207.0M |
| Profit before tax | $30.99B | $37.88B | $78.60B |
| Income tax expense | $22.16B | $25.98B | $49.86B |
| Profit for the year | $8.83B | $11.90B | $28.74B |
| — attributable to owners | $8.81B | $11.88B | $28.75B |
| — attributable to NCI | $23.0M | $19.0M | -$3.0M |
| Total comprehensive income | $7.63B | $10.99B | $25.91B |
| Per share | |||
| Basic EPS | $3.12 | $3.93 | $9.06 |
| Diluted EPS | $3.11 | $3.93 | $9.03 |
| Free cash flow / share | $2.79 | $4.66 | $8.29 |
| Cash flow statement | |||
| Net cash from operating activities | $20.11B | $24.70B | $35.14B |
| Net cash from investing activities | -$3.53B | -$12.41B | -$15.86B |
| Purchase of PP&E (capex) | $12.18B | $10.57B | $8.76B |
| Net cash from financing activities | -$17.74B | -$18.14B | -$15.41B |
| Dividends paid | $8.58B | $10.91B | $5.38B |
| Repayments of borrowings | $2.59B | $2.82B | $250.0M |
| Lease liability payments | $1.49B | $1.42B | $1.37B |
| Net change in cash | -$1.16B | -$5.85B | $3.86B |
| Balance sheet | |||
| Total assets | $131.14B | $143.58B | — |
| Non-current assets | $77.95B | $81.53B | — |
| Intangible assets & goodwill | $5.65B | $5.71B | — |
| Inventories | $4.03B | $3.81B | — |
| Trade & other receivables | $13.59B | $13.20B | — |
| Cash & equivalents | $8.12B | $9.64B | $15.58B |
| Total equity | $42.38B | $48.50B | $53.99B |
| — attributable to owners | $42.34B | $48.49B | — |
| Non-controlling interests | $38.0M | $10.0M | — |
| Non-current liabilities | $52.72B | $58.89B | — |
| Long-term borrowings | $19.36B | $22.23B | — |
| Lease liabilities (non-current) | $2.26B | $2.29B | — |
| Current portion of long-term borrowings | $7.22B | $6.00B | — |
| Lease liabilities (current) | $1.25B | $1.28B | — |
| Trade & other payables | $11.11B | $9.56B | — |
| Derived metrics | |||
| Free cash flow | $7.93B | $14.13B | $26.38B |
| Operating margin | 29.8% | 33.4% | 52.3% |
| Net margin | 8.5% | 11.1% | 19.1% |
| Return on equity | 20.8% | 24.5% | 53.2% |
| Cash conversion ratio | 2.28× | 2.08× | 1.22× |
| Capex coverage | 1.65× | 2.34× | 4.01× |
| Other reported items | |||
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $9.91B | $10.58B | $6.73B |
| Adjustments For Fair Value Gains Losses | -$256.0M | -$77.0M | $1.09B |
| Adjustments For Gains Losses On Change In Fair Value of Derivatives | $86.0M | -$1.04B | -$1.06B |
| Adjustments For Losses Gains On Disposal of Noncurrent Assets | -$772.0M | $8.0M | -$823.0M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -$166.0M | -$852.0M | -$2.09B |
| Bank Overdrafts Classified As Cash Equivalents | $0 | $0 | $0 |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $1.47B | $272.0M | $966.0M |
| Cash Flows From Used In Operations Before Changes In Working Capital | $38.48B | $48.02B | $83.61B |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | $1.71B | $1.20B | -$147.0M |
| Comprehensive Income Attributable To Noncontrolling Interests | $23.0M | $19.0M | -$3.0M |
| Comprehensive Income Attributable To Owners of Parent | $7.61B | $10.97B | $25.92B |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $45.97B | $60.99B | — |
| Current Derivative Financial Assets | $1.02B | $1.38B | — |
| Current Derivative Financial Liabilities | $833.0M | $1.62B | — |
| Current Dividend Payables | $1.91B | $2.65B | — |
| Current Financial Assets | $15.34B | $29.22B | — |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | $35.02B | $35.72B | — |
| Current Tax Liabilities Current | $10.32B | $12.31B | — |
| Deferred Tax Assets | $4.90B | $7.94B | — |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $9.84B | $10.63B | $6.39B |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | $0.37 | — | — |
| Dividends Recognised As Distributions To Owners Per Share | $2.80 | $3.60 | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | -$359.0M | -$87.0M | -$2.27B |
| Equity and Liabilities | $131.14B | $143.58B | — |
| Expense Arising From Exploration For and Evaluation of Mineral Resources | $1.19B | $795.0M | $1.21B |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | $239.0M | -$66.0M | $105.0M |
| Income Taxes Paid Refund Classified As Operating Activities | $20.59B | $28.28B | $43.86B |
| Increase Decrease In Financial Assets | $9.36B | $443.0M | -$10.09B |
| Increase Decrease In Working Capital | -$2.22B | -$4.96B | $4.62B |
| Increase Decrease Through Transfers and Other Changes Equity | -$15.0M | -$13.0M | -$20.0M |
| Increase Decrease Through Treasury Share Transactions | -$5.94B | -$5.68B | -$3.38B |
| Interest Costs Capitalised | $662.0M | $468.0M | $382.0M |
| Interest Paid Classified As Operating Activities | $891.0M | $1.04B | $747.0M |
| Interest Received Classified As Operating Activities | $1.84B | $1.71B | $399.0M |
| Investment Accounted For Using Equity Method | $2.47B | $2.51B | — |
| Liabilities | $88.76B | $95.08B | — |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $1.02B | $471.0M | — |
| Net Deferred Tax Liabilities | $12.73B | $13.35B | — |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | $7.23B | $1.06B | — |
| Noncurrent Derivative Financial Assets | $648.0M | $559.0M | — |
| Noncurrent Derivative Financial Liabilities | $1.96B | $1.79B | — |
| Noncurrent Financial Assets | $5.62B | $3.44B | — |
| Noncurrent Prepayments | $1.38B | $1.29B | — |
| Noncurrent Recognised Assets Defined Benefit Plan | $1.72B | $1.26B | — |
| Noncurrent Recognised Liabilities Defined Benefit Plan | $3.48B | $3.92B | — |
| Other Adjustments To Reconcile Profit Loss | -$2.33B | -$1.31B | $468.0M |
| Other Comprehensive Income | -$1.20B | -$911.0M | -$2.83B |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | $1.03B | -$276.0M | $461.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -$1.94B | -$587.0M | -$3.61B |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -$1.99B | -$701.0M | -$3.19B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | $790.0M | -$211.0M | $356.0M |
| Other Finance Income Cost | -$311.0M | $1.32B | -$50.0M |
| Other Inflows Outflows of Cash Classified As Financing Activities | $933.0M | $2.59B | -$5.10B |
| Other Inflows Outflows of Cash Classified As Investing Activities | -$623.0M | -$87.0M | -$23.0M |
| Other Longterm Provisions | $12.93B | $15.30B | — |
| Payments To Acquire Or Redeem Entitys Shares | $6.01B | $5.59B | $3.31B |
| Revenue From Sale of Oil and Gas Products | $102.50B | $106.85B | $149.00B |
| Selling General and Administrative Expense | $1.25B | $1.22B | $986.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | -$42.0M | -$113.0M | $424.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | $49.0M | -$1.0M | $620.0M |
Methodology
Every line item above is a fact tagged in EQUINOR ASA's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.