Shell (SHEL) Change in Taxes (2009 - 2026)

Shell's (SHEL) quarterly Change in Taxes came in at -$2.9 billion in Q2 2026, up 14.51% YoY from -$2.6 billion in Q2 2025, and down 27.51% on a QoQ basis from -$2.3 billion in Q1 2026.

Shell (SHEL) Change in Taxes (2009 - 2026) Analysis & Trends

Shell (SHEL) has 18 years of Change in Taxes data on file, last reported at -$2.9 billion in Q2 2026.

  • Quarterly Change in Taxes rose 14.51% year-over-year to -$2.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$14.2 billion (up 7.72% YoY) and the FY2025 annual result came in at -$11.6 billion, up 3.03% from the prior year.
  • Change in Taxes declined to -$2.9 billion in Q2 2026, from -$2.3 billion in the prior quarter.
  • In the past five years, Change in Taxes ranged from a high of -$2.2 billion in Q1 2022 to a low of -$6.9 billion in Q4 2023.
  • A 5-year average of -$3.7 billion and a median of -$3.2 billion in 2022 frame the typical range for Change in Taxes.
  • Annual changes were most pronounced in 2022 — Change in Taxes slumped 166.38% — and 2026, when it grew 20.66%.
  • Tracing SHEL's Change in Taxes over 5 years: stood at -$5.3 billion in 2022, then tumbled by 30.26% to -$6.9 billion in 2023, then advanced by 12.33% to -$6.1 billion in 2024, then retreated by 4.4% to -$6.3 billion in 2025, then surged by 53.66% to -$2.9 billion in 2026.
  • The last three Change in Taxes figures came in at -$2.9 billion (Q2 2026), -$2.3 billion (Q1 2026), and -$6.3 billion (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 3.11 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 - 942.45 Mn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -2.93 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -7.08 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 364.60 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 90.42 Mn
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 -2.93 Bn
Jun 30, 2026 -2.93 Bn
Mar 31, 2026 -2.30 Bn
Mar 31, 2026 -2.30 Bn
Dec 31, 2025 -6.33 Bn
Dec 31, 2025 -6.33 Bn
Sep 30, 2025 -2.67 Bn
Sep 30, 2025 -2.67 Bn
Jun 30, 2025 -3.43 Bn
Jun 30, 2025 -3.43 Bn
Mar 31, 2025 -2.90 Bn
Mar 31, 2025 -2.90 Bn
Dec 31, 2024 -6.06 Bn
Dec 31, 2024 -6.06 Bn
Sep 30, 2024 -3.03 Bn
Sep 30, 2024 -3.03 Bn
Jun 30, 2024 -3.45 Bn
Jun 30, 2024 -3.45 Bn
Mar 31, 2024 -2.62 Bn
Mar 31, 2024 -2.62 Bn