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| Date | Value |
|---|---|
| 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 |