Shell (SHEL) Debt to Equity (2016 - 2025)

Shell's Debt to Equity history spans 10 years, with the latest figure at $0.43 for Q4 2025.

  • For Q4 2025, Debt to Equity changed 0.34% year-over-year to $0.43; the TTM value through Dec 2025 reached $0.43, changed 0.34%, while the annual FY2025 figure was $0.43, 0.34% changed from the prior year.
  • Debt to Equity reached $0.43 in Q4 2025 per SHEL's latest filing, roughly flat from $0.43 in the prior quarter.
  • In the past five years, Debt to Equity ranged from a high of $0.52 in Q4 2021 to a low of $0.43 in Q4 2024.
  • Average Debt to Equity over 5 years is $0.45, with a median of $0.44 recorded in 2023.
  • Peak YoY movement for Debt to Equity: decreased 25.51% in 2021, then grew 0.34% in 2025.
  • A 5-year view of Debt to Equity shows it stood at $0.52 in 2021, then decreased by 15.08% to $0.44 in 2022, then dropped by 0.67% to $0.44 in 2023, then fell by 1.07% to $0.43 in 2024, then increased by 0.34% to $0.43 in 2025.
  • Per Business Quant, the three most recent readings for SHEL's Debt to Equity are $0.43 (Q4 2025), $0.43 (Q4 2024), and $0.44 (Q4 2023).