Shell (SHEL) Income Taxes Paid (2009 - 2026)
Shell's Income Taxes Paid came in at -$3.22 billion for Q3 2026, compared with -$2.67 billion a year earlier.
Shell (SHEL) Income Taxes Paid (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Shell reported Income Taxes Paid of -$620 million; for FY2025, it came in at $11.64 billion, down 3.0% from FY2024.
- Income Taxes Paid carries a five-year compound annual growth rate of 28.7% (FY2020 to FY2025).
- Going back by year, Income Taxes Paid was $12 billion in FY2024 (-12.5%), $13.71 billion in FY2023 (+4.5%), $13.12 billion in FY2022 (+139.6%) and $5.48 billion in FY2021 (+66.4%).
- The Q3 2026 figure represents the lowest quarterly Income Taxes Paid since Q4 2023.
- Year-over-year, Income Taxes Paid increased in 1 of the last four quarters, with an average decline of 6.2%.
- The fastest year-over-year change in Income Taxes Paid over five years came in Q1 2022 (growth of 166.4%), and the weakest in Q1 2026 (a decline of 20.7%).
- Business Quant data shows SHEL's Income Taxes Paid at $2.93 billion (Q2 2026), $2.3 billion (Q1 2026) and -$2.64 billion (Q4 2025) in the three quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes Paid (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | - |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | -3.22 Bn |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | - |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | -1.32 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | - |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | -6.54 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 541.47 Mn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | - |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 1.29 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -3.22 Bn |
| Jun 30, 2026 | 2.93 Bn |
| Mar 31, 2026 | 2.30 Bn |
| Dec 31, 2025 | -2.64 Bn |
| Sep 30, 2025 | -2.67 Bn |
| Jun 30, 2025 | 3.43 Bn |
| Mar 31, 2025 | 2.90 Bn |
| Dec 31, 2024 | -2.91 Bn |
| Sep 30, 2024 | -3.03 Bn |
| Jun 30, 2024 | 3.45 Bn |
| Mar 31, 2024 | 2.62 Bn |
| Dec 31, 2023 | -3.60 Bn |
| Sep 30, 2023 | -3.19 Bn |
| Jun 30, 2023 | 3.77 Bn |
| Mar 31, 2023 | 3.14 Bn |
| Dec 31, 2022 | -4.37 Bn |
| Sep 30, 2022 | -3.44 Bn |
| Jun 30, 2022 | 3.16 Bn |
| Mar 31, 2022 | 2.16 Bn |
| Dec 31, 2021 | -5.48 Bn |
Shell Income Taxes Paid 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=income-taxes-paid&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "income-taxes-paid", "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=income-taxes-paid&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();