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| Date | Value |
|---|---|
| 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 |