Shell (SHEL) Intangibles (2020 - 2026)
Shell's (SHEL) quarterly Intangibles came in at $10.4 billion in Q2 2026, down 7.84% YoY from $11.3 billion in Q2 2025, and down 3.9% on a QoQ basis from $10.9 billion in Q1 2026.
Analysis
Shell (SHEL) Intangibles (2020 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Intangibles data on file, last reported at $10.4 billion in Q2 2026.
- Quarterly Intangibles fell 7.84% year-over-year to $10.4 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $10.4 billion (down 7.84% YoY) and the FY2025 annual result came in at $11.0 billion, up 15.89% from the prior year.
- Intangibles fell to $10.4 billion in Q2 2026, from $10.9 billion in the prior quarter.
- In the past five years, Intangibles ranged from a high of $25.5 billion in Q2 2022 to a low of $8.2 billion in Q3 2024.
- A 5-year average of $13.6 billion and a median of $10.7 billion in 2026 frame the typical range for Intangibles.
- Annual changes were most pronounced in 2023 — Intangibles plunged 66.16% — and 2025, when it increased 20.78%.
- Tracing SHEL's Intangibles over 5 years: stood at $20.2 billion in 2022, then advanced by 7.8% to $21.8 billion in 2023, then plunged by 56.36% to $9.5 billion in 2024, then grew by 15.89% to $11.0 billion in 2025, then fell by 5.1% to $10.4 billion in 2026.
- The last three Intangibles figures came in at $10.4 billion (Q2 2026), $10.9 billion (Q1 2026), and $11.0 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 10.45 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | - |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | - |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | - |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | - |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 1.08 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 10.45 Bn |
| Mar 31, 2026 | 10.87 Bn |
| Dec 31, 2025 | 7.23 Bn |
| Sep 30, 2025 | 9.55 Bn |
| Jun 30, 2025 | 11.34 Bn |
| Mar 31, 2025 | 11.37 Bn |
| Dec 31, 2024 | 6.20 Bn |
| Sep 30, 2024 | 8.19 Bn |
| Jun 30, 2024 | 9.39 Bn |
| Mar 31, 2024 | 10.00 Bn |
| Dec 31, 2023 | 6.67 Bn |
| Sep 30, 2023 | 8.29 Bn |
| Jun 30, 2023 | 8.64 Bn |
| Mar 31, 2023 | 9.75 Bn |
| Dec 31, 2022 | 6.35 Bn |
| Dec 31, 2021 | 19.26 Bn |
| Dec 31, 2020 | 17.96 Bn |