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

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Inventory (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 3.74 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 - -1.39 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 -200.00 Mn
Historic Data

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