Shell plc (SHEL) Free Cash Flow (2009 - 2026)
Shell's (SHEL) quarterly Free Cash Flow came in at $25.7 billion in Q2 2026, up 44.58% on a YoY basis from $17.8 billion in Q2 2025, and up 150.09% quarter-over-quarter from $10.3 billion in Q1 2026.
Analysis
Shell plc (SHEL) Free Cash Flow (2009 - 2026) Analysis & Trends
Shell (SHEL) has reported Free Cash Flow for 18 consecutive years, with $25.7 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Free Cash Flow rose 44.58% year-over-year to $25.7 billion; the trailing twelve-month figure through Jun 2026 stood at $84.3 billion (down 3.03% YoY), and the FY2025 full-year result was $63.8 billion, up 102.56% from the prior year.
- Free Cash Flow advanced to $25.7 billion in Q2 2026 per SHEL's latest filing, from $10.3 billion in the prior quarter.
- Across five years, Free Cash Flow topped out at $62.2 billion in Q3 2022 and bottomed at $10.3 billion in Q1 2026.
- Historically, Free Cash Flow has averaged $26.5 billion across 5 years, with a median of $19.9 billion in 2023.
- The sharpest annual moves came in 2022 and 2023: Free Cash Flow soared 200.83% in 2022, then tumbled 71.09% in 2023.
- Over 5 years, Free Cash Flow stood at $44.4 billion in 2022, then retreated by 7.8% to $40.9 billion in 2023, then slipped by 11.9% to $36.0 billion in 2024, then dropped by 13.42% to $31.2 billion in 2025, then retreated by 17.76% to $25.7 billion in 2026.
- According to Business Quant data, Free Cash Flow over the past three periods registered $25.7 billion, $10.3 billion, and $31.2 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 25.67 Bn |
| Mar 31, 2026 | 10.26 Bn |
| Dec 31, 2025 | 31.21 Bn |
| Sep 30, 2025 | 17.11 Bn |
| Jun 30, 2025 | 17.75 Bn |
| Mar 31, 2025 | 13.46 Bn |
| Dec 31, 2024 | 36.05 Bn |
| Sep 30, 2024 | 19.63 Bn |
| Jun 30, 2024 | 18.23 Bn |
| Mar 31, 2024 | 17.82 Bn |
| Dec 31, 2023 | 40.92 Bn |
| Sep 30, 2023 | 17.98 Bn |
| Jun 30, 2023 | 20.26 Bn |
| Mar 31, 2023 | 20.66 Bn |
| Dec 31, 2022 | 44.38 Bn |
| Sep 30, 2022 | 62.19 Bn |
| Jun 30, 2022 | 44.38 Bn |
| Mar 31, 2022 | 19.05 Bn |
| Dec 31, 2021 | 39.91 Bn |
| Sep 30, 2021 | 20.67 Bn |