Shell (SHEL) Debt Ratio (2009 - 2026)

Shell has reported Debt Ratio for 15 years, with the latest figure at 0.2 in Q1 2026.

• For the quarter ending Q1 2026, Debt Ratio rose 1.12% year-over-year to 0.2; the trailing twelve-month figure through Mar 2026 stood at 0.2 (up 1.12% YoY), and the FY2025 full-year result was 0.2, up 2.71% from the prior year.
• Debt Ratio for Q1 2026 stood at 0.2, down from 0.2 in the prior quarter.
• The five-year high for Debt Ratio was 0.2 in Q4 2025, with the low at 0.19 in Q2 2022.
• Historically, Debt Ratio has averaged 0.2 across 5 years, with a median of 0.2 in 2023.
• Annual changes were most pronounced in 2022 — Debt Ratio dropped 25.67% — and 2023, when it grew 8.72%.
• Shell's Debt Ratio stood at 0.19 in 2022, then advanced by 6.11% to 0.2 in 2023, then declined by 0.92% to 0.2 in 2024, then rose by 2.71% to 0.2 in 2025, then slipped by 2.69% to 0.2 in 2026.
• The last three Debt Ratio figures came in at 0.2 (Q1 2026), 0.2 (Q4 2025), and 0.2 (Q3 2025), per Business Quant data.