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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn
4 Eni Spa 205.81 Bn 195.97 Bn -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn

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