Shell (SHEL) Equity Ratio (2009 - 2026)

Shell (SHEL) posted Equity Ratio of 0.47 for Q4 2025, up 2.36% quarter-over-quarter from 0.46 in Q4 2024, and up 2.36% year-on-year from 0.46 in Q4 2024.

Shell (SHEL) Equity Ratio (2009 - 2026) Analysis & Trends

Shell (SHEL) has reported Equity Ratio for 14 consecutive years, with 0.47 the latest figure, recorded in Q4 2025.

  • Equity Ratio for Q4 2025 came in at 0.47, up 2.36% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.47 (up 2.36% YoY), and the FY2025 annual result was 0.47, up 2.36% from the prior year.
  • Equity Ratio was 0.47 for Q4 2025 at Shell, up from 0.46 in the prior quarter.
  • Over five years, Equity Ratio peaked at 0.47 in Q4 2025 and troughed at 0.43 in Q4 2021.
  • Average Equity Ratio over 5 years is 0.45, with a median of 0.46 recorded in 2023.
  • Year-over-year, Equity Ratio climbed 6.83% in 2023 and grew 0.15% in 2024.
  • Over 5 years, Equity Ratio stood at 0.43 in 2021, then gained by 1.1% to 0.43 in 2022, then grew by 6.83% to 0.46 in 2023, then gained by 0.15% to 0.46 in 2024, then gained by 2.36% to 0.47 in 2025.
  • Per Business Quant data, the three most recent Equity Ratio figures were 0.47 in Q4 2025, 0.46 in Q4 2024, and 0.46 in Q4 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Equity Ratio (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 0.55
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn -
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn -
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 0.39
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 0.57
6 Equinor Asa 77.88 Bn 70.78 Bn - -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 0.42
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 0.12
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 0.55
10 Shell - - - 0.46

Historic Data

Download Data
DateValue
Mar 31, 2026 0.46
Dec 31, 2025 0.47
Sep 30, 2025 0.47
Jun 30, 2025 0.47
Mar 31, 2025 0.46
Dec 31, 2024 0.46
Sep 30, 2024 0.48
Jun 30, 2024 0.47
Mar 31, 2024 0.47
Dec 31, 2023 0.46
Sep 30, 2023 0.47
Jun 30, 2023 0.46
Mar 31, 2023 0.46
Dec 31, 2022 0.43
Sep 30, 2022 0.43
Jun 30, 2022 0.43
Mar 31, 2022 0.42
Dec 31, 2021 0.43
Sep 30, 2021 0.41
Jun 30, 2021 0.43