Shell (SHEL) Intangibles (2009 - 2026)
Shell (SHEL) reported Intangibles of $10.9 billion for Q1 2026, down 4.33% on a YoY basis from $11.4 billion in Q1 2025, and down 1.24% quarter-over-quarter from $11.0 billion in Q4 2025.
Shell (SHEL) Intangibles (2009 - 2026) Analysis & Trends
Shell has reported Intangibles for 18 years, with the latest figure at $10.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Intangibles fell 4.33% year-over-year to $10.9 billion; the trailing twelve-month figure through Mar 2026 stood at $10.9 billion (down 4.33% YoY), and the FY2025 full-year result was $11.0 billion, up 15.89% from the prior year.
- Intangibles for Q1 2026 stood at $10.9 billion, down from $11.0 billion in the prior quarter.
- The five-year high for Intangibles was $25.5 billion in Q2 2022, with the low at -$4.8 billion in Q4 2023.
- Historically, Intangibles has averaged $11.6 billion across 5 years, with a median of $9.8 billion in 2023.
- Annual changes were most pronounced in 2023 — Intangibles slumped 149.1% — and 2024, when it surged 299.45%.
- Shell's Intangibles stood at $9.7 billion in 2022, then slumped by 149.1% to -$4.8 billion in 2023, then surged by 299.45% to $9.5 billion in 2024, then grew by 15.89% to $11.0 billion in 2025, then declined by 1.24% to $10.9 billion in 2026.
- The last three Intangibles figures came in at $10.9 billion (Q1 2026), $11.0 billion (Q4 2025), and $9.5 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 2.68 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 36,387.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | 10.87 Bn |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | - |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | - |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 1.80 Bn |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 8.29 Bn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 2.51 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.87 Bn |
| Dec 31, 2025 | 11.01 Bn |
| Sep 30, 2025 | 9.55 Bn |
| Jun 30, 2025 | 11.34 Bn |
| Mar 31, 2025 | 11.37 Bn |
| Dec 31, 2024 | 9.50 Bn |
| Sep 30, 2024 | 8.19 Bn |
| Jun 30, 2024 | 9.39 Bn |
| Mar 31, 2024 | 10.00 Bn |
| Dec 31, 2023 | -4.76 Bn |
| Sep 30, 2023 | 8.29 Bn |
| Jun 30, 2023 | 8.64 Bn |
| Mar 31, 2023 | 9.75 Bn |
| Dec 31, 2022 | 9.70 Bn |
| Sep 30, 2022 | 24.36 Bn |
| Jun 30, 2022 | 25.54 Bn |
| Mar 31, 2022 | 24.94 Bn |
| Dec 31, 2021 | -9.49 Bn |
| Sep 30, 2021 | 22.34 Bn |
| Jun 30, 2021 | 22.46 Bn |