Shell (SHEL) EBITDA (2009 - 2026)
Shell (SHEL) recorded EBITDA of $33.13 billion in Q2 2026, up 68.4% from $19.68 billion a year earlier and up 50.9% from the prior quarter.
Shell (SHEL) EBITDA (2009 - 2026) Analysis & Trends
On a TTM basis, Shell's EBITDA came in at $95.02 billion as of Jun 30, 2026, up 203.0% year-over-year; for FY2025, it was -$185.55 billion.
- Across earlier years, EBITDA came in at -$136.04 billion in FY2024, -$155.53 billion in FY2023, -$180.03 billion in FY2022 and -$129.32 billion in FY2021.
- The Q2 2026 figure is the highest quarterly EBITDA in data going back to Q1 2009.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | 28.34 Bn |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | -13.84 Bn |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | 24.40 Bn |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | -771.97 Mn |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 13.36 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 15.06 Bn |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | 10.10 Bn |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 7.94 Bn |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | 2.37 Bn |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | 3.94 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 24.40 Bn |
| Jun 30, 2026 | 27.62 Bn |
| Mar 31, 2026 | 21.96 Bn |
| Dec 31, 2025 | 13.48 Bn |
| Sep 30, 2025 | 14.53 Bn |
| Jun 30, 2025 | 19.68 Bn |
| Mar 31, 2025 | 20.23 Bn |
| Dec 31, 2024 | 11.73 Bn |
| Sep 30, 2024 | 13.19 Bn |
| Jun 30, 2024 | -35.05 Bn |
| Mar 31, 2024 | -32.17 Bn |
| Dec 31, 2023 | 4.43 Bn |
| Sep 30, 2023 | 17.20 Bn |
| Jun 30, 2023 | -39.71 Bn |
| Mar 31, 2023 | 5.22 Bn |
| Sep 30, 2022 | 27.64 Bn |
| Jun 30, 2022 | -43.87 Bn |
| Mar 31, 2022 | 5.56 Bn |
| Dec 31, 2021 | 5.59 Bn |
| Sep 30, 2021 | 7.55 Bn |
Shell EBITDA API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ebitda&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ebitda&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();