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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn -6,572.32 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - -1.82 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 329.00 Mn
4 Eni Spa 205.81 Bn 195.97 Bn - -9.84 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -39.87 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - -9.26 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn -2.39 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn - -750.35 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn -31.72 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -1.69 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -39.87 Bn
Mar 31, 2026 -33.19 Bn
Dec 31, 2025 -38.40 Bn
Sep 30, 2025 25.95 Bn
Jun 30, 2025 25.19 Bn
Mar 31, 2025 28.52 Bn
Dec 31, 2024 -46.92 Bn
Sep 30, 2024 33.88 Bn
Jun 30, 2024 -48.09 Bn
Mar 31, 2024 -50.94 Bn
Dec 31, 2023 -52.12 Bn
Sep 30, 2023 30.05 Bn
Jun 30, 2023 -59.08 Bn
Mar 31, 2023 -58.01 Bn
Dec 31, 2022 -62.56 Bn
Sep 30, 2022 7.68 Bn
Jun 30, 2022 -64.05 Bn
Mar 31, 2022 -61.32 Bn
Dec 31, 2021 -44.98 Bn
Sep 30, 2021 15.25 Bn