Shell (SHEL) EBITDA (2009 - 2026)

Shell (SHEL) reported EBITDA of $3.5 billion for Q1 2026, up 89.62% on a YoY basis from $1.9 billion in Q1 2025, and up 120.95% quarter-over-quarter from $1.6 billion in Q4 2025.

Shell (SHEL) EBITDA (2009 - 2026) Analysis & Trends

Shell has reported EBITDA for 18 years, with the latest figure at $3.5 billion in Q1 2026.

  • For the quarter ending Q1 2026, EBITDA rose 89.62% year-over-year to $3.5 billion; the trailing twelve-month figure through Mar 2026 stood at $73.9 billion (up 7.54% YoY), and the FY2025 full-year result was $1.6 billion, up 101.01% from the prior year.
  • EBITDA for Q1 2026 stood at $3.5 billion, up from $1.6 billion in the prior quarter.
  • The five-year high for EBITDA was $368.5 billion in Q4 2022, with the low at -$10.7 billion in Q3 2022.
  • Historically, EBITDA has averaged $46.9 billion across 5 years, with a median of $23.4 billion in 2024.
  • The largest YoY upside for EBITDA was 49835.23% in 2022 against a maximum downside of 4359.44% in 2022.
  • Shell's EBITDA stood at $368.5 billion in 2022, then tumbled by 99.4% to $2.2 billion in 2023, then soared by 1515.46% to $35.6 billion in 2024, then plunged by 95.5% to $1.6 billion in 2025, then jumped by 120.95% to $3.5 billion in 2026.
  • The last three EBITDA figures came in at $3.5 billion (Q1 2026), $1.6 billion (Q4 2025), and $8.7 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 11.35 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 7.26 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 12.55 Bn
4 Shell 546.31 Bn 505.07 Bn - 3.54 Bn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 12.67 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 1.33 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - 825.38 Mn
8 Bp 196.12 Bn 159.56 Bn - 8.49 Bn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 1.63 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 906.40 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 3.54 Bn
Dec 31, 2025 1.60 Bn
Sep 30, 2025 8.75 Bn
Jun 30, 2025 60.01 Bn
Mar 31, 2025 1.87 Bn
Dec 31, 2024 35.64 Bn
Sep 30, 2024 7.82 Bn
Jun 30, 2024 23.39 Bn
Mar 31, 2024 33.44 Bn
Dec 31, 2023 2.21 Bn
Sep 30, 2023 11.80 Bn
Jun 30, 2023 63.51 Bn
Mar 31, 2023 77.00 Bn
Dec 31, 2022 368.52 Bn
Sep 30, 2022 -10.69 Bn
Jun 30, 2022 30.21 Bn
Mar 31, 2022 78.53 Bn
Dec 31, 2021 738.00 Mn
Sep 30, 2021 251.00 Mn
Jun 30, 2021 -41.59 Bn