Shell SHEL
NYSE SHEL
$90.91 +0.21 (+0.23%)
At close: Aug 28, 2026 · 4:00 PM EDT

Shell (SHEL) Beginning Cash Balance (2009 - 2026)

Shell's (SHEL) quarterly Beginning Cash Balance came in at $23.1 billion in Q2 2026, down 35.07% YoY from $35.6 billion in Q2 2025, and down 23.49% on a QoQ basis from $30.2 billion in Q1 2026.

Analysis

Shell (SHEL) Beginning Cash Balance (2009 - 2026) Analysis & Trends

Shell (SHEL) has 18 years of Beginning Cash Balance data on file, last reported at $23.1 billion in Q2 2026.

  • Quarterly Beginning Cash Balance fell 35.07% year-over-year to $23.1 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $125.1 billion (down 19.33% YoY) and the FY2025 annual result came in at $39.1 billion, up 0.87% from the prior year.
  • Beginning Cash Balance eased to $23.1 billion in Q2 2026, from $30.2 billion in the prior quarter.
  • In the past five years, Beginning Cash Balance ranged from a high of $45.1 billion in Q3 2023 to a low of $23.1 billion in Q2 2026.
  • A 5-year average of $37.8 billion and a median of $38.9 billion in 2022 frame the typical range for Beginning Cash Balance.
  • Annual changes were most pronounced in 2022 — Beginning Cash Balance gained 23.8% — and 2026, when it plunged 35.07%.
  • Tracing SHEL's Beginning Cash Balance over 5 years: stood at $36.0 billion in 2022, then increased by 19.6% to $43.0 billion in 2023, then slipped by 1.81% to $42.3 billion in 2024, then decreased by 7.44% to $39.1 billion in 2025, then tumbled by 40.89% to $23.1 billion in 2026.
  • The last three Beginning Cash Balance figures came in at $23.1 billion (Q2 2026), $30.2 billion (Q1 2026), and $39.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Shell 517.27 Bn 477.40 Bn -
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn
4 Eni Spa 166.18 Bn 156.34 Bn -
5 Equinor Asa 103.49 Bn 94.23 Bn -
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn -
8 Cenovus Energy 59.48 Bn 57.00 Bn -
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
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 23.12 Bn
Jun 30, 2026 23.12 Bn
Mar 31, 2026 30.22 Bn
Mar 31, 2026 30.22 Bn
Dec 31, 2025 39.11 Bn
Dec 31, 2025 39.11 Bn
Sep 30, 2025 32.68 Bn
Sep 30, 2025 32.68 Bn
Jun 30, 2025 35.60 Bn
Jun 30, 2025 35.60 Bn
Mar 31, 2025 39.11 Bn
Mar 31, 2025 39.11 Bn
Dec 31, 2024 42.25 Bn
Dec 31, 2024 42.25 Bn
Sep 30, 2024 38.15 Bn
Sep 30, 2024 38.15 Bn
Jun 30, 2024 39.95 Bn
Jun 30, 2024 39.95 Bn
Mar 31, 2024 38.77 Bn
Mar 31, 2024 38.77 Bn