EQNR Financial Statements

Balance sheet, income statement, cash flow, and dividends for Equinor Asa (EQNR).


$69.76B Market Cap.

As of 03/20/2025 5:00 PM ET (MRY) • Disclaimer

EQNR Market Cap. (MRY)


EQNR Shares Outstanding (MRY)


EQNR Assets (MRY)


Total Assets

$131.14B

Total Liabilities

$88.76B

Total Investments

$28.67B

EQNR Income (MRY)


Revenue

$103.77B

Net Income

$8.81B

Operating Expense

$12.28B

EQNR Cash Flow (MRY)


CF Operations

$20.11B

CF Investing

-$3.53B

CF Financing

-$17.74B

EQNR Dividends (MRY)


Period

Dividends

Yield %

Growth %

Payout Ratio

Coverage Ratio

2024

$3.00

12.70%

76.47%

96.15%

1.04

2023

$1.70

5.40%

14.86%

43.26%

2.31

2022

$1.48

4.10%

164.29%

16.34%

6.12

2021

$0.56

2.10%

-21.13%

21.21%

4.71

2020

$0.71

4.30%

-

-42.01%

-2.38

EQNR Balance Sheet (MRY)


Metric

2024

2023

2022

2021

Total Assets

$131,141,000,000 (-8.66%)

$143,580,000,000 (-9.14%)

$158,021,000,000 (7.41%)

$147,120,000,000 (17.88%)

Assets Current

$45,967,000,000 (-24.63%)

$60,990,000,000 (-20.95%)

$77,152,000,000 (24.79%)

$61,826,000,000 (100.58%)

Assets Non-Current

$85,174,000,000 (3.13%)

$82,590,000,000 (2.13%)

$80,869,000,000 (-5.19%)

$85,294,000,000 (-9.25%)

Goodwill & Intangible Assets

$5,654,000,000 (-0.96%)

$5,709,000,000 (10.68%)

$5,158,000,000 (-20.06%)

$6,452,000,000 (-20.82%)

Shareholders Equity

$42,342,000,000 (-12.68%)

$48,490,000,000 (-10.18%)

$53,988,000,000 (38.40%)

$39,010,000,000 (15.17%)

Property Plant & Equipment Net

$55,560,000,000 (-5.55%)

$58,822,000,000 (4.11%)

$56,498,000,000 (-8.98%)

$62,075,000,000 (-9.39%)

Cash & Equivalents

$8,120,000,000 (-15.78%)

$9,641,000,000 (-38.12%)

$15,579,000,000 (10.29%)

$14,126,000,000 (109.06%)

Accumulated Other Comprehensive Income

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Deferred Revenue

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Total Investments

$28,668,000,000 (-18.49%)

$35,173,000,000 (-0.55%)

$35,367,000,000 (29.65%)

$27,278,000,000 (49.80%)

Investments Current

$19,202,000,000 (-34.29%)

$29,224,000,000 (-2.18%)

$29,876,000,000 (40.62%)

$21,246,000,000 (79.06%)

Investments Non-Current

$9,466,000,000 (59.12%)

$5,949,000,000 (8.34%)

$5,491,000,000 (-8.97%)

$6,032,000,000 (-4.93%)

Inventory

$4,031,000,000 (5.69%)

$3,814,000,000 (-26.72%)

$5,205,000,000 (53.31%)

$3,395,000,000 (10.08%)

Trade & Non-Trade Receivables

$13,590,000,000 (-19.74%)

$16,933,000,000 (-24.58%)

$22,452,000,000 (25.24%)

$17,927,000,000 (117.77%)

Trade & Non-Trade Payables

$11,110,000,000 (-6.40%)

$11,870,000,000 (-11.10%)

$13,352,000,000 (-6.69%)

$14,310,000,000 (36.16%)

Accumulated Retained Earnings (Deficit)

-

-

-

-

Tax Assets

$4,900,000,000 (-38.26%)

$7,936,000,000 (-9.12%)

$8,732,000,000 (39.51%)

$6,259,000,000 (25.83%)

Tax Liabilities

$23,045,000,000 (-10.16%)

$25,651,000,000 (-13.49%)

$29,651,000,000 (9.19%)

$27,156,000,000 (119.50%)

Total Debt

$30,094,000,000 (-5.35%)

$31,796,000,000 (-1.15%)

$32,167,000,000 (-11.24%)

$36,239,000,000 (-4.92%)

Debt Current

$8,472,000,000 (16.45%)

$7,275,000,000 (29.52%)

$5,617,000,000 (-12.04%)

$6,386,000,000 (10.54%)

Debt Non-Current

$21,622,000,000 (-11.82%)

$24,521,000,000 (-7.64%)

$26,550,000,000 (-11.06%)

$29,853,000,000 (-7.68%)

Total Liabilities

$88,761,000,000 (-6.65%)

$95,080,000,000 (-8.61%)

$104,032,000,000 (-3.76%)

$108,096,000,000 (18.90%)

Liabilities Current

$35,023,000,000 (-1.95%)

$35,719,000,000 (-17.96%)

$43,539,000,000 (11.62%)

$39,005,000,000 (100.01%)

Liabilities Non-Current

$53,738,000,000 (-9.47%)

$59,361,000,000 (-1.87%)

$60,493,000,000 (-12.44%)

$69,091,000,000 (-3.25%)

EQNR Income Statement (MRY)


Metric

2024

2023

2022

2021

Revenues

$103,774,000,000 (-3.17%)

$107,174,000,000 (-28.93%)

$150,806,000,000 (65.86%)

$90,924,000,000 (98.45%)

Cost of Revenue

$60,571,000,000 (3.09%)

$58,757,000,000 (-7.34%)

$63,414,000,000 (44.92%)

$43,758,000,000 (46.76%)

Selling General & Administrative Expense

$1,255,000,000 (3.04%)

$1,218,000,000 (23.53%)

$986,000,000 (26.41%)

$780,000,000 (10.48%)

Research & Development Expense

$1,185,000,000 (49.06%)

$795,000,000 (-34.02%)

$1,205,000,000 (20.02%)

$1,004,000,000 (-71.17%)

Operating Expenses

$12,275,000,000 (-2.94%)

$12,647,000,000 (47.37%)

$8,582,000,000 (-36.44%)

$13,503,000,000 (-30.48%)

Interest Expense

$1,582,000,000 (-4.70%)

$1,660,000,000 (20.38%)

$1,379,000,000 (12.76%)

$1,223,000,000 (-12.14%)

Income Tax Expense

$22,157,000,000 (-14.72%)

$25,980,000,000 (-47.90%)

$49,861,000,000 (116.72%)

$23,007,000,000 (1759.90%)

Net Loss Income from Discontinued Operations

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Consolidated Income

$8,829,000,000 (-25.83%)

$11,904,000,000 (-58.59%)

$28,744,000,000 (235.17%)

$8,576,000,000 (256.04%)

Net Income to Non-Controlling Interests

$23,000,000 (21.05%)

$19,000,000 (733.33%)

-$3,000,000 (-121.43%)

$14,000,000 (0.00%)

Net Income

$8,806,000,000 (-25.91%)

$11,885,000,000 (-58.66%)

$28,746,000,000 (235.70%)

$8,563,000,000 (255.41%)

Preferred Dividends Income Statement Impact

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Net Income Common Stock

$8,806,000,000 (-25.91%)

$11,885,000,000 (-58.66%)

$28,746,000,000 (235.70%)

$8,563,000,000 (255.41%)

Weighted Average Shares

$2,944,733,144 (-5.68%)

$3,121,942,270 (-1.64%)

$3,174,000,000 (-2.19%)

$3,245,000,000 (-0.73%)

Weighted Average Shares Diluted

-

-

$3,183,000,000 (-2.18%)

$3,254,000,000 (-0.70%)

Earning Before Interest & Taxes (EBIT)

$32,545,000,000 (-17.66%)

$39,525,000,000 (-50.59%)

$79,986,000,000 (143.91%)

$32,793,000,000 (1238.25%)

Gross Profit

$43,203,000,000 (-10.77%)

$48,417,000,000 (-44.60%)

$87,392,000,000 (85.29%)

$47,166,000,000 (194.77%)

Operating Income

$30,928,000,000 (-13.54%)

$35,770,000,000 (-54.61%)

$78,810,000,000 (134.11%)

$33,663,000,000 (1083.44%)

EQNR Cash Flow Statement (MRY)


Metric

2024

2023

2022

2021

Net Cash Flow from Investing

-$3,532,000,000 (71.54%)

-$12,409,000,000 (21.77%)

-$15,863,000,000 (2.15%)

-$16,211,000,000 (-34.06%)

Net Cash Flow from Financing

-$17,741,000,000 (2.21%)

-$18,142,000,000 (-17.70%)

-$15,414,000,000 (-218.73%)

-$4,836,000,000 (-261.69%)

Net Cash Flow from Operations

$20,110,000,000 (-18.59%)

$24,701,000,000 (-29.70%)

$35,136,000,000 (21.93%)

$28,816,000,000 (177.45%)

Net Cash Flow / Change in Cash & Cash Equivalents

-$1,163,000,000 (80.12%)

-$5,850,000,000 (-251.55%)

$3,860,000,000 (-50.31%)

$7,768,000,000 (504.51%)

Net Cash Flow - Business Acquisitions and Disposals

-$240,000,000 (74.00%)

-$923,000,000 (-195.55%)

$966,000,000 (-48.18%)

$1,864,000,000 (269.11%)

Net Cash Flow - Investment Acquisitions and Disposals

$8,884,000,000 (1076.26%)

-$910,000,000 (88.93%)

-$8,218,000,000 (17.19%)

-$9,924,000,000 (-140.82%)

Capital Expenditure

-$12,177,000,000 (-15.15%)

-$10,575,000,000 (-22.81%)

-$8,611,000,000 (-5.64%)

-$8,151,000,000 (3.83%)

Issuance (Repayment) of Debt Securities

-$3,150,000,000 (-91.26%)

-$1,647,000,000 (75.48%)

-$6,718,000,000 (-147.17%)

-$2,718,000,000 (-142.60%)

Issuance (Purchase) of Equity Shares

-$6,013,000,000 (-7.59%)

-$5,589,000,000 (-68.60%)

-$3,315,000,000 (-932.71%)

-$321,000,000 (69.69%)

Payment of Dividends & Other Cash Distributions

-$8,578,000,000 (21.35%)

-$10,906,000,000 (-102.71%)

-$5,380,000,000 (-199.39%)

-$1,797,000,000 (22.88%)

Effect of Exchange Rate Changes on Cash

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Share Based Compensation

$0 (0%)

$0 (0%)

$0 (0%)

$0 (0%)

Depreciation Amortization & Accretion

$9,906,000,000 (-6.85%)

$10,634,000,000 (66.39%)

$6,391,000,000 (-45.46%)

$11,719,000,000 (-23.08%)

EQNR Financial Metrics (MRY)


Metric

2024

2023

2022

2021

Gross Margin

41.60% (-7.96%)

45.20% (-21.93%)

57.90% (11.56%)

51.90% (48.71%)

Profit Margin

8.50% (-23.42%)

11.10% (-41.88%)

19.10% (103.19%)

9.40% (178.33%)

EBITDA Margin

40.90% (-12.61%)

46.80% (-18.32%)

57.30% (16.94%)

49.00% (81.48%)

Return on Average Equity (ROAE)

19.40% (-16.38%)

23.20% (-62.46%)

61.80% (162.98%)

23.50% (259.86%)

Return on Average Assets (ROAA)

6.40% (-18.99%)

7.90% (-57.98%)

18.80% (198.41%)

6.30% (240.00%)

Return on Sales (ROS)

31.40% (-14.91%)

36.90% (-30.38%)

53.00% (46.81%)

36.10% (673.02%)

Return on Invested Capital (ROIC)

27.50% (-12.97%)

31.60% (-50.70%)

64.10% (146.54%)

26.00% (1183.33%)

Dividend Yield

12.70% (135.19%)

5.40% (31.71%)

4.10% (95.24%)

2.10% (-51.16%)

Price to Earnings Ratio (P/E)

7.59 (-5.69%)

8.05 (103.67%)

3.95 (-60.36%)

9.97 (202.65%)

Price to Sales Ratio (P/S)

0.67 (-27.11%)

0.92 (22.28%)

0.75 (-19.79%)

0.94 (-19.80%)

Price to Book Ratio (P/B)

1.65 (-19.10%)

2.04 (-4.99%)

2.14 (-2.15%)

2.19 (36.77%)

Debt to Equity Ratio (D/E)

2.1 (6.88%)

1.96 (1.76%)

1.93 (-30.46%)

2.77 (3.24%)

Earnings Per Share (EPS)

3.12 (-20.61%)

3.93 (-56.62%)

9.06 (243.18%)

2.64 (256.21%)

Sales Per Share (SPS)

35.24 (2.66%)

34.33 (-27.75%)

47.51 (69.57%)

28.02 (99.91%)

Free Cash Flow Per Share (FCFPS)

2.69 (-40.46%)

4.53 (-45.85%)

8.36 (31.23%)

6.37 (990.41%)

Book Value Per Share (BVPS)

14.38 (-7.42%)

15.53 (-8.68%)

17.01 (41.48%)

12.02 (16.02%)

Tangible Assets Book Value Per Share (TABVPS)

42.61 (-3.51%)

44.16 (-8.30%)

48.16 (11.10%)

43.35 (21.47%)

Enterprise Value Over EBIT (EV/EBIT)

3 (0.00%)

3 (50.00%)

2 (-50.00%)

4 (114.81%)

Enterprise Value Over EBITDA (EV/EBITDA)

2.17 (-5.87%)

2.3 (44.11%)

1.6 (-39.20%)

2.63 (-58.49%)

Asset Turnover

0.76 (6.19%)

0.71 (-28.04%)

0.99 (47.68%)

0.67 (78.40%)

Current Ratio

1.31 (-23.14%)

1.71 (-3.67%)

1.77 (11.80%)

1.58 (0.25%)

Dividends

$3 (76.47%)

$1.7 (14.86%)

$1.48 (164.29%)

$0.56 (-21.13%)

Free Cash Flow (FCF)

$7,933,000,000 (-43.84%)

$14,126,000,000 (-46.74%)

$26,525,000,000 (28.36%)

$20,665,000,000 (981.94%)

Enterprise Value (EV)

$91,915,728,181 (-20.33%)

$115,366,253,423 (-16.31%)

$137,855,085,097 (17.99%)

$116,831,636,537 (49.55%)

Earnings Before Tax (EBT)

$30,963,000,000 (-18.23%)

$37,865,000,000 (-51.83%)

$78,607,000,000 (148.99%)

$31,570,000,000 (838.83%)

Earnings Before Interest Taxes & Depreciation Amortization (EBITDA)

$42,451,000,000 (-15.37%)

$50,159,000,000 (-41.93%)

$86,377,000,000 (94.05%)

$44,512,000,000 (260.30%)

Invested Capital

$112,438,000,000 (-9.55%)

$124,307,000,000 (-1.27%)

$125,912,000,000 (1.73%)

$123,776,000,000 (-3.69%)

Working Capital

$10,944,000,000 (-56.69%)

$25,271,000,000 (-24.82%)

$33,613,000,000 (47.29%)

$22,821,000,000 (101.56%)

Tangible Asset Value

$125,487,000,000 (-8.98%)

$137,871,000,000 (-9.81%)

$152,863,000,000 (8.67%)

$140,668,000,000 (20.58%)

Market Capitalization

$69,760,728,181 (-29.38%)

$98,778,253,423 (-14.66%)

$115,742,085,097 (35.41%)

$85,473,636,537 (57.50%)

Average Equity

$45,416,000,000 (-11.36%)

$51,239,000,000 (10.19%)

$46,499,000,000 (27.60%)

$36,441,500,000 (-2.84%)

Average Assets

$137,360,500,000 (-8.91%)

$150,800,500,000 (-1.16%)

$152,570,500,000 (12.21%)

$135,964,500,000 (11.14%)

Invested Capital Average

$118,372,000,000 (-5.39%)

$125,109,500,000 (0.21%)

$124,844,000,000 (-1.03%)

$126,146,000,000 (4.28%)

Shares

2,944,733,144 (-5.68%)

3,121,942,270 (-3.41%)

3,232,116,311 (-0.44%)

3,246,245,216 (-1.78%)