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
DateValue
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