Shell plc (SHEL) Capital Expenditures (2009 - 2026)
Shell's (SHEL) quarterly Capital Expenditures came in at -$4.2 billion in Q2 2026, up 27.16% on a YoY basis from -$3.3 billion in Q2 2025, and down 0.83% quarter-over-quarter from -$4.2 billion in Q1 2026.
Analysis
Shell plc (SHEL) Capital Expenditures (2009 - 2026) Analysis & Trends
Shell (SHEL) has reported Capital Expenditures for 18 consecutive years, with -$4.2 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Capital Expenditures rose 27.16% year-over-year to -$4.2 billion; the trailing twelve-month figure through Jun 2026 stood at -$23.3 billion (up 3.37% YoY), and the FY2025 full-year result was -$20.9 billion, down 100.82% from the prior year.
- Capital Expenditures fell to -$4.2 billion in Q2 2026 per SHEL's latest filing, from -$4.2 billion in the prior quarter.
- Across five years, Capital Expenditures topped out at -$4.2 billion in Q1 2025 and bottomed at -$16.2 billion in Q3 2022.
- Historically, Capital Expenditures has averaged -$7.1 billion across 5 years, with a median of -$5.4 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Capital Expenditures sank 248.15% in 2022, then jumped 65.09% in 2023.
- Over 5 years, Capital Expenditures stood at -$10.9 billion in 2022, then declined by 6.57% to -$11.6 billion in 2023, then increased by 20.81% to -$9.2 billion in 2024, then fell by 8.49% to -$10.0 billion in 2025, then surged by 57.6% to -$4.2 billion in 2026.
- According to Business Quant data, Capital Expenditures over the past three periods registered -$4.2 billion, -$4.2 billion, and -$10.0 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.24 Bn |
| Mar 31, 2026 | -4.20 Bn |
| Dec 31, 2025 | -9.99 Bn |
| Sep 30, 2025 | -4.91 Bn |
| Jun 30, 2025 | -5.82 Bn |
| Mar 31, 2025 | -4.18 Bn |
| Dec 31, 2024 | -9.21 Bn |
| Sep 30, 2024 | -4.95 Bn |
| Jun 30, 2024 | -4.72 Bn |
| Mar 31, 2024 | -4.49 Bn |
| Dec 31, 2023 | -11.63 Bn |
| Sep 30, 2023 | -5.65 Bn |
| Jun 30, 2023 | -5.13 Bn |
| Mar 31, 2023 | -6.50 Bn |
| Dec 31, 2022 | -10.91 Bn |
| Sep 30, 2022 | -16.18 Bn |
| Jun 30, 2022 | -10.91 Bn |
| Mar 31, 2022 | -4.24 Bn |
| Dec 31, 2021 | -19.00 Bn |
| Sep 30, 2021 | -4.65 Bn |