Shell SHEL
NYSE SHEL
$90.91 +0.21 (+0.23%)
At close: Aug 28, 2026 · 4:00 PM EDT

Shell (SHEL) Interest Expenses (2009 - 2026)

Shell's (SHEL) quarterly Interest Expenses came in at -$1.2 billion in Q2 2026, up 3.71% YoY from -$1.1 billion in Q2 2025, and down 179.23% on a QoQ basis from $1.5 billion in Q1 2026.

Analysis

Shell (SHEL) Interest Expenses (2009 - 2026) Analysis & Trends

Shell (SHEL) has 18 years of Interest Expenses data on file, last reported at -$1.2 billion in Q2 2026.

  • Quarterly Interest Expenses rose 3.71% year-over-year to -$1.2 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$2.6 billion (up 20.43% YoY) and the FY2025 annual result came in at $4.7 billion, down 2.42% from the prior year.
  • Interest Expenses declined to -$1.2 billion in Q2 2026, from $1.5 billion in the prior quarter.
  • In the past five years, Interest Expenses ranged from a high of $1.5 billion in Q1 2026 to a low of -$2.2 billion in Q4 2024.
  • A 5-year average of -$531.4 million and a median of -$1.0 billion in 2023 frame the typical range for Interest Expenses.
  • Annual changes were most pronounced in 2023 — Interest Expenses soared 211.1% — and 2024, when it tumbled 206.28%.
  • Tracing SHEL's Interest Expenses over 5 years: stood at -$1.7 billion in 2022, then slipped by 16.03% to -$2.0 billion in 2023, then fell by 8.44% to -$2.2 billion in 2024, then grew by 6.32% to -$2.1 billion in 2025, then soared by 43.32% to -$1.2 billion in 2026.
  • The last three Interest Expenses figures came in at -$1.2 billion (Q2 2026), $1.5 billion (Q1 2026), and -$2.1 billion (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 799.00 Mn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 352.00 Mn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn -572.00 Mn
4 Eni Spa 166.18 Bn 156.34 Bn - 412.64 Mn
5 Equinor Asa 103.49 Bn 94.23 Bn - 37.00 Mn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn -
7 Imperial Oil 63.17 Bn 61.11 Bn - 10.12 Mn
8 Cenovus Energy 59.48 Bn 57.00 Bn - 130.85 Mn
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 -312.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 799.00 Mn
Jun 30, 2026 799.00 Mn
Mar 31, 2026 1.10 Bn
Mar 31, 2026 1.10 Bn
Dec 31, 2025 1.15 Bn
Dec 31, 2025 1.15 Bn
Sep 30, 2025 822.00 Mn
Sep 30, 2025 822.00 Mn
Jun 30, 2025 515.00 Mn
Jun 30, 2025 515.00 Mn
Mar 31, 2025 636.00 Mn
Mar 31, 2025 636.00 Mn
Dec 31, 2024 1.20 Bn
Dec 31, 2024 1.20 Bn
Sep 30, 2024 554.00 Mn
Sep 30, 2024 554.00 Mn
Jun 30, 2024 619.00 Mn
Jun 30, 2024 619.00 Mn
Mar 31, 2024 576.00 Mn
Mar 31, 2024 576.00 Mn