Shell (SHEL) Change in Working Capital (2009 - 2026)

Shell (SHEL) has reported Change in Working Capital for 18 consecutive years, with -$11.2 billion the latest figure, recorded in Q1 2026.

• Change in Working Capital for Q1 2026 came in at -$11.2 billion, down 319.79% year-over-year; the trailing twelve-month figure through Mar 2026 was -$10.3 billion (down 579.68% YoY), and the FY2025 annual result was -$1.8 billion, down 187.44% from the prior year.
• Change in Working Capital was -$11.2 billion for Q1 2026 at Shell, down from $1.3 billion in the prior quarter.
• Over five years, Change in Working Capital peaked at $10.4 billion in Q4 2022 and troughed at -$11.2 billion in Q1 2026.
• Average Change in Working Capital over 5 years is -$544.5 million, with a median of -$258.0 million recorded in 2024.
• The widest YoY moves for Change in Working Capital: up 1105.88% in 2024, down 326.01% in 2024.
• Over 5 years, Change in Working Capital stood at $10.4 billion in 2022, then slumped by 74.18% to $2.7 billion in 2023, then declined by 10.29% to $2.4 billion in 2024, then slumped by 47.03% to $1.3 billion in 2025, then plunged by 976.78% to -$11.2 billion in 2026.
• Per Business Quant data, the three most recent Change in Working Capital figures were -$11.2 billion in Q1 2026, $1.3 billion in Q4 2025, and -$28.0 million in Q3 2025.