Shell (SHEL) Enterprise Value (2009 - 2026)

Shell (SHEL) reported Enterprise Value of -$24.6 billion for Q1 2026, down 186.18% on a YoY basis from $28.5 billion in Q1 2025, and up 40.41% quarter-over-quarter from -$41.2 billion in Q4 2025.

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

Shell has reported Enterprise Value for 18 years, with the latest figure at -$24.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Enterprise Value fell 186.18% year-over-year to -$24.6 billion; the trailing twelve-month figure through Mar 2026 stood at -$24.6 billion (down 186.18% YoY), and the FY2025 full-year result was -$41.2 billion, up 17.63% from the prior year.
  • Enterprise Value for Q1 2026 stood at -$24.6 billion, up from -$41.2 billion in the prior quarter.
  • The five-year high for Enterprise Value was $44.3 billion in Q1 2023, with the low at -$63.6 billion in Q1 2022.
  • Historically, Enterprise Value has averaged -$22.7 billion across 5 years, with a median of -$37.2 billion in 2023.
  • The largest YoY upside for Enterprise Value was 192.52% in 2022 against a maximum downside of 323.31% in 2022.
  • Shell's Enterprise Value 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 gained by 12.11% to -$41.2 billion in 2025, then surged by 40.41% to -$24.6 billion in 2026.
  • The last three Enterprise Value figures came in at -$24.6 billion (Q1 2026), -$41.2 billion (Q4 2025), and -$30.5 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -6.77 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - -1.82 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -30,375.00
4 Shell 546.31 Bn 505.07 Bn - -24.57 Bn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 5.66 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn -1.87 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - -9.55 Bn
8 Bp 196.12 Bn 159.56 Bn - -35.66 Bn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -2.66 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - -750.35 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -24.57 Bn
Dec 31, 2025 -41.24 Bn
Sep 30, 2025 -30.53 Bn
Jun 30, 2025 25.19 Bn
Mar 31, 2025 28.52 Bn
Dec 31, 2024 -46.92 Bn
Sep 30, 2024 -47.14 Bn
Jun 30, 2024 28.21 Bn
Mar 31, 2024 -49.77 Bn
Dec 31, 2023 -52.12 Bn
Sep 30, 2023 -58.07 Bn
Jun 30, 2023 -37.20 Bn
Mar 31, 2023 44.34 Bn
Dec 31, 2022 -62.56 Bn
Sep 30, 2022 34.64 Bn
Jun 30, 2022 -32.78 Bn
Mar 31, 2022 -63.58 Bn
Dec 31, 2021 -44.98 Bn
Sep 30, 2021 11.84 Bn
Jun 30, 2021 26.96 Bn