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