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.
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 Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 62.09 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 561.00 Mn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 345.00 Mn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -387.52 Mn |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | -1.17 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -263.00 Mn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 309.18 Mn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 22.61 Mn |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | - |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | -304.00 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -1.17 Bn |
| Jun 30, 2026 | -1.17 Bn |
| Mar 31, 2026 | 1.47 Bn |
| Mar 31, 2026 | 1.47 Bn |
| Dec 31, 2025 | -2.06 Bn |
| Dec 31, 2025 | -2.06 Bn |
| Sep 30, 2025 | -848.00 Mn |
| Sep 30, 2025 | -848.00 Mn |
| Jun 30, 2025 | -1.21 Bn |
| Jun 30, 2025 | -1.21 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Mar 31, 2025 | 1.12 Bn |
| Dec 31, 2024 | -2.20 Bn |
| Dec 31, 2024 | -2.20 Bn |
| Sep 30, 2024 | -979.00 Mn |
| Sep 30, 2024 | -979.00 Mn |
| Jun 30, 2024 | -1.29 Bn |
| Jun 30, 2024 | -1.29 Bn |
| Mar 31, 2024 | 1.16 Bn |
| Mar 31, 2024 | 1.16 Bn |