Shell (SHEL) Equity Income (2012 - 2026)

Shell (SHEL) reported Equity Income of $93.0 million for Q1 2026, down 84.88% on a YoY basis from $615.0 million in Q1 2025, and down 56.74% quarter-over-quarter from $215.0 million in Q4 2025.

Shell (SHEL) Equity Income (2012 - 2026) Analysis & Trends

Shell has reported Equity Income for 15 years, with the latest figure at $93.0 million in Q1 2026.

  • For the quarter ending Q1 2026, Equity Income fell 84.88% year-over-year to $93.0 million; the trailing twelve-month figure through Mar 2026 stood at $513.0 million (up 148.4% YoY), and the FY2025 full-year result was $1.6 billion, up 154.06% from the prior year.
  • Equity Income for Q1 2026 stood at $93.0 million, down from $215.0 million in the prior quarter.
  • The five-year high for Equity Income was $1.3 billion in Q1 2024, with the low at -$2.5 billion in Q3 2022.
  • Historically, Equity Income has averaged -$323.4 million across 5 years, with a median of $19.0 million in 2023.
  • Annual changes were most pronounced in 2022 — Equity Income slumped 7077.14% — and 2024, when it surged 721.05%.
  • Shell's Equity Income stood at $22.0 million in 2022, then decreased by 13.64% to $19.0 million in 2023, then surged by 721.05% to $156.0 million in 2024, then soared by 37.82% to $215.0 million in 2025, then slumped by 56.74% to $93.0 million in 2026.
  • The last three Equity Income figures came in at $93.0 million (Q1 2026), $215.0 million (Q4 2025), and -$507.0 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Income (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -10.00 Mn
2 Exxon Mobil 629.96 Bn 628.14 Bn - -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 817.00
4 Shell 546.31 Bn 505.07 Bn - 93.00 Mn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 745.00 Mn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn -
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 353.00 Mn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 Imperial Oil 42.92 Bn 42.17 Bn - -

Historic Data

Download Data
DateValue
Mar 31, 2026 93.00 Mn
Dec 31, 2025 215.00 Mn
Sep 30, 2025 -507.00 Mn
Jun 30, 2025 712.00 Mn
Mar 31, 2025 615.00 Mn
Dec 31, 2024 156.00 Mn
Sep 30, 2024 -933.00 Mn
Jun 30, 2024 -898.00 Mn
Mar 31, 2024 1.32 Bn
Dec 31, 2023 19.00 Mn
Sep 30, 2023 -747.00 Mn
Jun 30, 2023 629.00 Mn
Mar 31, 2023 -1.58 Bn
Dec 31, 2022 22.00 Mn
Sep 30, 2022 -2.51 Bn
Jun 30, 2022 -2.03 Bn
Mar 31, 2022 -68.00 Mn
Dec 31, 2021 -975.00 Mn
Sep 30, 2021 -35.00 Mn
Jun 30, 2021 -1.11 Bn