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