Shell (SHEL) Construction in Progress (2016 - 2025)

Shell has reported Construction in Progress for 10 years, with the latest figure at $21.8 billion in Q4 2025.

• For the quarter ending Q4 2025, Construction in Progress fell 21.68% year-over-year to $21.8 billion; the trailing twelve-month figure through Dec 2025 stood at $21.8 billion (down 21.68% YoY), and the FY2025 full-year result was $21.8 billion, down 21.68% from the prior year.
• Construction in Progress for Q4 2025 stood at $21.8 billion, down from $27.9 billion in the prior quarter.
• The five-year high for Construction in Progress was $37.0 billion in Q4 2021, with the low at $21.8 billion in Q4 2025.
• Historically, Construction in Progress has averaged $28.4 billion across 5 years, with a median of $27.9 billion in 2024.
• Annual changes were most pronounced in 2021 — Construction in Progress increased 17.07% — and 2022, when it slipped 26.29%.
• Shell's Construction in Progress stood at $37.0 billion in 2021, then fell by 26.29% to $27.3 billion in 2022, then gained by 3.15% to $28.1 billion in 2023, then retreated by 1.01% to $27.9 billion in 2024, then slipped by 21.68% to $21.8 billion in 2025.
• The last three Construction in Progress figures came in at $21.8 billion (Q4 2025), $27.9 billion (Q4 2024), and $28.1 billion (Q4 2023), per Business Quant data.