Shell (SHEL) Asset Utilization Ratio (2009 - 2026)
Shell's (SHEL) quarterly Asset Utilization Ratio came in at 0.79 in Q2 2026, up 10.86% YoY from 0.71 in Q2 2025, and up 9.01% on a QoQ basis from 0.72 in Q1 2026.
Analysis
Shell (SHEL) Asset Utilization Ratio (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Asset Utilization Ratio data on file, last reported at 0.79 in Q2 2026.
- Quarterly Asset Utilization Ratio rose 10.86% year-over-year to 0.79 in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 0.79 (up 10.86% YoY) and the FY2025 annual result came in at 0.72, down 0.8% from the prior year.
- Asset Utilization Ratio grew to 0.79 in Q2 2026, from 0.72 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 1.53 in Q1 2024 to a low of 0.01 in Q3 2022.
- A 5-year average of 0.72 and a median of 0.74 in 2024 frame the typical range for Asset Utilization Ratio.
- The widest YoY moves for Asset Utilization Ratio: up 193.65% in 2022, down 98.11% in 2022.
- Tracing SHEL's Asset Utilization Ratio over 5 years: stood at 0.88 in 2022, then decreased by 1.85% to 0.86 in 2023, then decreased by 14.58% to 0.74 in 2024, then fell by 3.65% to 0.71 in 2025, then gained by 10.86% to 0.79 in 2026.
- The last three Asset Utilization Ratio figures came in at 0.79 (Q2 2026), 0.72 (Q1 2026), and 0.71 (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 0.79 |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 0.65 |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 0.69 |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 0.57 |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 0.81 |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 0.34 |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.11 |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 1.22 |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 0.66 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.79 |
| Mar 31, 2026 | 0.87 |
| Jun 30, 2025 | 0.71 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 0.89 |
| Jun 30, 2024 | 0.77 |
| Mar 31, 2024 | 1,404.46 |
| Jun 30, 2023 | 1,108.94 |
| Mar 31, 2023 | 1,299.83 |
| Sep 30, 2022 | 1,057.46 |
| Jun 30, 2022 | 0.69 |
| Mar 31, 2022 | 0.65 |
| Jun 30, 2021 | 0.53 |
| Mar 31, 2021 | 0.97 |
| Jun 30, 2020 | 0.92 |
| Sep 30, 2019 | 1.11 |
| Jun 30, 2019 | 1.12 |
| Mar 31, 2019 | 2.26 |
| Dec 31, 2018 | 2.31 |
| Sep 30, 2018 | 1.06 |