Shell (SHEL) Change in Inventory (2010 - 2026)

Shell's (SHEL) quarterly Change in Inventory came in at $3.7 billion in Q2 2026, up 13948.15% YoY from N/an in Q2 2025, and up 155.92% on a QoQ basis from -$6.7 billion in Q1 2026.

Shell (SHEL) Change in Inventory (2010 - 2026) Analysis & Trends

Shell (SHEL) has 11 years of Change in Inventory data on file, last reported at $3.7 billion in Q2 2026.

  • Quarterly Change in Inventory rose 13948.15% year-over-year to $3.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$1.8 billion (down 189.75% YoY) and the FY2025 annual result came in at $1.9 billion, up 50.51% from the prior year.
  • Change in Inventory rose to $3.7 billion in Q2 2026, from -$6.7 billion in the prior quarter.
  • In the past five years, Change in Inventory ranged from a high of $5.4 billion in Q4 2023 to a low of -$11.7 billion in Q4 2022.
  • A 5-year average of -$930.2 million and a median of $162.5 million in 2025 frame the typical range for Change in Inventory.
  • The widest YoY moves for Change in Inventory: up 13948.15% in 2026, down 882.9% in 2026.
  • Tracing SHEL's Change in Inventory over 5 years: stood at -$11.7 billion in 2022, then surged by 145.88% to $5.4 billion in 2023, then plunged by 128.98% to -$1.6 billion in 2024, then surged by 152.94% to $827.0 million in 2025, then jumped by 352.12% to $3.7 billion in 2026.
  • The last three Change in Inventory figures came in at $3.7 billion (Q2 2026), -$6.7 billion (Q1 2026), and $827.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -778.64 Mn
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 - -613.47 Mn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 3.74 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 3.74 Bn
Jun 30, 2026 3.74 Bn
Mar 31, 2026 -6.69 Bn
Mar 31, 2026 -6.69 Bn
Dec 31, 2025 827.00 Mn
Dec 31, 2025 827.00 Mn
Sep 30, 2025 352.00 Mn
Sep 30, 2025 352.00 Mn
Jun 30, 2025 -27.00 Mn
Jun 30, 2025 -27.00 Mn
Mar 31, 2025 854.00 Mn
Mar 31, 2025 854.00 Mn
Dec 31, 2024 -1.56 Bn
Dec 31, 2024 -1.56 Bn
Sep 30, 2024 2.71 Bn
Sep 30, 2024 2.71 Bn
Jun 30, 2024 -954.00 Mn
Jun 30, 2024 -954.00 Mn
Mar 31, 2024 -608.00 Mn
Mar 31, 2024 -608.00 Mn