Shell (SHEL) Exchange Rate Effect (2009 - 2026)
Shell's Exchange Rate Effect came in at -$101 million for Q2 2026, compared with $655 million a year earlier.
Shell (SHEL) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Shell reported Exchange Rate Effect of -$451 million; for FY2025, it came in at $1.01 billion.
- Going back by year, Exchange Rate Effect was -$761 million in FY2024, $306 million in FY2023, -$822 million in FY2022 and -$539 million in FY2021.
- The five-year range for quarterly Exchange Rate Effect is -$985 million (Q4 2024) to $860 million (Q4 2022).
- Business Quant data shows SHEL's Exchange Rate Effect at -$205 million (Q1 2026), -$39 million (Q4 2025) and -$106 million (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - | -118.00 Mn |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn | -18.00 Mn |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - | -29.00 Mn |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 | -201.00 Mn |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn | -34.00 Mn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | -134.00 Mn |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn | 10.00 Mn |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - | 36.00 Mn |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - | 65.57 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -29.00 Mn |
| Jun 30, 2026 | -101.00 Mn |
| Mar 31, 2026 | -205.00 Mn |
| Dec 31, 2025 | -39.00 Mn |
| Sep 30, 2025 | -106.00 Mn |
| Jun 30, 2025 | 655.00 Mn |
| Mar 31, 2025 | 353.00 Mn |
| Dec 31, 2024 | -985.00 Mn |
| Sep 30, 2024 | 729.00 Mn |
| Jun 30, 2024 | -126.00 Mn |
| Mar 31, 2024 | -379.00 Mn |
| Dec 31, 2023 | 529.00 Mn |
| Sep 30, 2023 | -421.00 Mn |
| Jun 30, 2023 | -93.00 Mn |
| Mar 31, 2023 | 293.00 Mn |
| Dec 31, 2022 | 860.00 Mn |
| Sep 30, 2022 | -774.00 Mn |
| Jun 30, 2022 | -688.00 Mn |
| Mar 31, 2022 | -134.00 Mn |
| Dec 31, 2021 | -539.00 Mn |
Shell Exchange Rate Effect API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "exchange-rate-effect", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=exchange-rate-effect&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();