Shell (SHEL) Intangibles (2011 - 2026)
Shell (SHEL) posted Intangibles of $10.45 billion for Q2 2026, down 7.8% from $11.34 billion a year earlier and down 3.9% from the prior quarter.
Analysis
Shell (SHEL) Intangibles (2011 - 2026) Analysis & Trends
At the end of FY2025, Shell's Intangibles came in at $11.01 billion, up 16.1% from FY2024.
- Annual Intangibles shows a five-year compound annual growth rate of -13.5% (FY2020 to FY2025).
- In prior years, Shell's Intangibles was $9.48 billion in FY2024 (-8.0%), $10.3 billion in FY2023 (+6.2%), $9.7 billion in FY2022 (-0.7%) and $9.77 billion in FY2021 (-57.0%).
- Quarterly Intangibles has run from a low of $8.19 billion in Q3 2024 to a high of $24.94 billion in Q1 2022 over five years.
- On a year-over-year basis, Intangibles increased in four of the last eight quarters, with growth averaging 5.7%.
- The strongest year-over-year quarter for Intangibles in the past five years was Q2 2025, with growth of 20.8%; the weakest was Q1 2023, with a decline of 60.9%.
- According to Business Quant data, Intangibles for the three prior quarters was $10.87 billion (Q1 2026), $11.01 billion (Q4 2025) and $9.55 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | - |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | - |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | 10.26 Bn |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | - |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | - |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | - |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 968.00 Mn |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | - |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | 1.73 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 10.26 Bn |
| Jun 30, 2026 | 10.45 Bn |
| 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 | 10.30 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 |
| Dec 31, 2021 | 9.77 Bn |
| Dec 31, 2020 | 17.96 Bn |
| Dec 31, 2013 | 3.86 Bn |
| Dec 31, 2012 | 4.47 Bn |
API Access
Shell Intangibles 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=intangibles&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();