Shell SHEL
NYSE SHEL
$90.91 +0.21 (+0.23%)
At close: Aug 28, 2026 · 4:00 PM EDT

Shell (SHEL) Enterprise Value (2009 - 2026)

Shell's (SHEL) quarterly Enterprise Value came in at -$39.9 billion in Q2 2026, down 258.26% YoY from $25.2 billion in Q2 2025, and down 20.13% on a QoQ basis from -$33.2 billion in Q1 2026.

Analysis

Shell (SHEL) Enterprise Value (2009 - 2026) Analysis & Trends

Shell (SHEL) has 18 years of Enterprise Value data on file, last reported at -$39.9 billion in Q2 2026.

  • Quarterly Enterprise Value fell 258.26% year-over-year to -$39.9 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$39.9 billion (down 258.26% YoY) and the FY2025 annual result came in at -$38.4 billion, up 18.16% from the prior year.
  • Enterprise Value declined to -$39.9 billion in Q2 2026, from -$33.2 billion in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of $33.9 billion in Q3 2024 to a low of -$64.1 billion in Q2 2022.
  • A 5-year average of -$25.7 billion and a median of -$43.4 billion in 2024 frame the typical range for Enterprise Value.
  • Annual changes were most pronounced in 2023 — Enterprise Value surged 291.2% — and 2026, when it sank 258.26%.
  • Tracing SHEL's Enterprise Value over 5 years: stood at -$62.6 billion in 2022, then advanced by 16.69% to -$52.1 billion in 2023, then climbed by 9.97% to -$46.9 billion in 2024, then rose by 18.16% to -$38.4 billion in 2025, then declined by 3.81% to -$39.9 billion in 2026.
  • The last three Enterprise Value figures came in at -$39.9 billion (Q2 2026), -$33.2 billion (Q1 2026), and -$38.4 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Shell 517.27 Bn 477.40 Bn - -39.87 Bn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn -2.86 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn -29.17 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - -9.85 Bn
5 Equinor Asa 103.49 Bn 94.23 Bn - -9.26 Bn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn -3.88 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn - -2.05 Bn
8 Cenovus Energy 59.48 Bn 57.00 Bn - -2.48 Bn
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -3,041.05 Bn
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn -2.21 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -39.87 Bn
Mar 31, 2026 -33.19 Bn
Dec 31, 2025 -25.21 Bn
Sep 30, 2025 25.95 Bn
Jun 30, 2025 -40.17 Bn
Mar 31, 2025 -42.69 Bn
Dec 31, 2024 -30.68 Bn
Sep 30, 2024 33.88 Bn
Jun 30, 2024 -48.09 Bn
Mar 31, 2024 -50.94 Bn
Dec 31, 2023 -33.93 Bn
Sep 30, 2023 -56.01 Bn
Jun 30, 2023 -59.08 Bn
Mar 31, 2023 -58.01 Bn
Dec 31, 2022 -41.10 Bn
Sep 30, 2022 -64.27 Bn
Jun 30, 2022 -64.05 Bn
Mar 31, 2022 -61.32 Bn
Dec 31, 2021 -36.37 Bn
Sep 30, 2021 -60.90 Bn