Shell (SHEL) Debt Ratio (2009 - 2025)

Shell (SHEL) posted Debt Ratio of 0.2 for Q1 2026, down 2.69% quarter-over-quarter from 0.2 in Q4 2025, and up 1.12% year-on-year from 0.2 in Q1 2025.

Shell (SHEL) Debt Ratio (2009 - 2025) Analysis & Trends

Shell (SHEL) has reported Debt Ratio for 18 consecutive years, with 0.2 the latest figure, recorded in Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.2, up 1.12% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.2 (up 1.12% YoY), and the FY2025 annual result was 0.2, up 2.71% from the prior year.
  • Debt Ratio was 0.2 for Q1 2026 at Shell, down from 0.2 in the prior quarter.
  • Over five years, Debt Ratio peaked at 0.2 in Q4 2025 and troughed at 0.19 in Q2 2022.
  • Average Debt Ratio over 5 years is 0.2, with a median of 0.2 recorded in 2023.
  • Year-over-year, Debt Ratio fell 25.67% in 2022 and rose 8.72% in 2023.
  • Over 5 years, Debt Ratio stood at 0.19 in 2022, then increased by 6.11% to 0.2 in 2023, then decreased by 0.92% to 0.2 in 2024, then climbed by 2.71% to 0.2 in 2025, then fell by 2.69% to 0.2 in 2026.
  • Per Business Quant data, the three most recent Debt Ratio figures were 0.2 in Q1 2026, 0.2 in Q4 2025, and 0.2 in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 0.20
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 0.20
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 0.02
6 Equinor Asa 77.88 Bn 70.78 Bn - 0.16
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 0.26
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 0.46
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 -
10 Shell - - - -

Historic Data

Download Data
DateValue
Dec 31, 2025 0.20
Dec 31, 2024 0.20
Sep 30, 2024 0.19
Dec 31, 2023 0.20
Mar 31, 2023 0.20
Dec 31, 2022 0.19
Jun 30, 2022 0.19
Dec 31, 2021 0.22
Sep 30, 2021 0.23
Jun 30, 2021 0.25
Mar 31, 2021 0.27
Dec 31, 2020 0.28
Jun 30, 2020 0.28
Dec 31, 2019 0.24
Dec 31, 2018 64.40
Sep 30, 2018 0.19
Dec 31, 2017 0.21
Jun 30, 2017 0.22
Dec 31, 2016 0.22
Dec 31, 2015 0.17