Shell (SHEL) Equity Ratio (2009 - 2026)

Shell has reported Equity Ratio for 18 years, with the latest figure at 0.46 in Q1 2026.

• For the quarter ending Q1 2026, Equity Ratio fell 1.16% year-over-year to 0.46; the trailing twelve-month figure through Mar 2026 stood at 0.46 (down 1.16% YoY), and the FY2025 full-year result was 0.47, up 2.91% from the prior year.
• Equity Ratio for Q1 2026 stood at 0.46, down from 0.47 in the prior quarter.
• The five-year high for Equity Ratio was 0.48 in Q3 2024, with the low at 0.42 in Q1 2022.
• Historically, Equity Ratio has averaged 0.46 across 5 years, with a median of 0.46 in 2023.
• Annual changes were most pronounced in 2022 — Equity Ratio slipped 2.48% — and 2023, when it advanced 7.85%.
• Shell's Equity Ratio stood at 0.43 in 2022, then gained by 6.83% to 0.46 in 2023, then grew by 0.15% to 0.46 in 2024, then increased by 2.91% to 0.47 in 2025, then dropped by 3.09% to 0.46 in 2026.
• The last three Equity Ratio figures came in at 0.46 (Q1 2026), 0.47 (Q4 2025), and 0.47 (Q3 2025), per Business Quant data.