Shell SHEL
NYSE SHEL
$94.54 -1.28 (-1.34%)
As of: Sep 18, 2026 · 3:59 PM EDT

Shell plc (SHEL) Debt Ratio (2009 - 2026)

Shell's (SHEL) quarterly Debt Ratio came in at 0.18 in Q2 2026, down 13.73% on a YoY basis from 0.21 in Q2 2025, and down 13.97% quarter-over-quarter from 0.21 in Q1 2026.

Analysis

Shell plc (SHEL) Debt Ratio (2009 - 2026) Analysis & Trends

Shell (SHEL) has reported Debt Ratio for 18 consecutive years, with 0.18 the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Debt Ratio fell 13.73% year-over-year to 0.18; the trailing twelve-month figure through Jun 2026 stood at 0.18 (down 13.73% YoY), and the FY2025 full-year result was 0.2, up 8.38% from the prior year.
  • Debt Ratio slipped to 0.18 in Q2 2026 per SHEL's latest filing, from 0.21 in the prior quarter.
  • Across five years, Debt Ratio topped out at 0.24 in Q1 2025 and bottomed at 0.18 in Q2 2026.
  • Historically, Debt Ratio has averaged 0.21 across 5 years, with a median of 0.21 in 2023.
  • The sharpest annual moves came in 2022 and 2023: Debt Ratio decreased 28.88% in 2022, then rose 9.19% in 2023.
  • Over 5 years, Debt Ratio stood at 0.2 in 2022, then grew by 7.63% to 0.21 in 2023, then declined by 14.37% to 0.18 in 2024, then climbed by 8.38% to 0.2 in 2025, then retreated by 7.95% to 0.18 in 2026.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.18, 0.21, and 0.2 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 0.18
Mar 31, 2026 0.21
Dec 31, 2025 0.20
Sep 30, 2025 0.24
Jun 30, 2025 0.21
Mar 31, 2025 0.24
Dec 31, 2024 0.18
Sep 30, 2024 0.23
Jun 30, 2024 0.20
Mar 31, 2024 0.24
Dec 31, 2023 0.21
Sep 30, 2023 0.23
Jun 30, 2023 0.21
Mar 31, 2023 0.23
Dec 31, 2022 0.20
Sep 30, 2022 0.21
Jun 30, 2022 0.21
Mar 31, 2022 0.23
Dec 31, 2021 0.21
Sep 30, 2021 0.27