Shell (SHEL) Inventory (2009 - 2026)
Shell's (SHEL) quarterly Inventory came in at $26.6 billion in Q2 2026, up 14.41% YoY from $23.3 billion in Q2 2025, and down 7.18% on a QoQ basis from $28.7 billion in Q1 2026.
Analysis
Shell (SHEL) Inventory (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Inventory data on file, last reported at $26.6 billion in Q2 2026.
- Quarterly Inventory rose 14.41% year-over-year to $26.6 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $26.6 billion (up 14.41% YoY) and the FY2025 annual result came in at $22.2 billion, down 5.17% from the prior year.
- Inventory fell to $26.6 billion in Q2 2026, from $28.7 billion in the prior quarter.
- In the past five years, Inventory ranged from a high of $36.1 billion in Q2 2022 to a low of $22.2 billion in Q4 2025.
- A 5-year average of $27.3 billion and a median of $26.6 billion in 2024 frame the typical range for Inventory.
- Annual changes were most pronounced in 2022 — Inventory soared 43.79% — and 2023, when it slipped 25.25%.
- Tracing SHEL's Inventory over 5 years: stood at $31.9 billion in 2022, then fell by 18.42% to $26.0 billion in 2023, then dropped by 9.97% to $23.4 billion in 2024, then decreased by 5.17% to $22.2 billion in 2025, then gained by 19.91% to $26.6 billion in 2026.
- The last three Inventory figures came in at $26.6 billion (Q2 2026), $28.7 billion (Q1 2026), and $22.2 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 26.64 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 10.52 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 21.37 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 7.45 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 2.92 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 | - | 3.15 Bn |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | 10.36 Bn |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 1.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.64 Bn |
| Mar 31, 2026 | 28.70 Bn |
| Dec 31, 2025 | 14.59 Bn |
| Sep 30, 2025 | 22.91 Bn |
| Jun 30, 2025 | 23.28 Bn |
| Mar 31, 2025 | 22.98 Bn |
| Dec 31, 2024 | 15.32 Bn |
| Sep 30, 2024 | 24.14 Bn |
| Jun 30, 2024 | 26.45 Bn |
| Mar 31, 2024 | 26.47 Bn |
| Dec 31, 2023 | 16.94 Bn |
| Sep 30, 2023 | 30.23 Bn |
| Jun 30, 2023 | 26.98 Bn |
| Mar 31, 2023 | 28.58 Bn |
| Dec 31, 2022 | 20.96 Bn |
| Sep 30, 2022 | 34.72 Bn |
| Jun 30, 2022 | 36.09 Bn |
| Mar 31, 2022 | 30.01 Bn |
| Dec 31, 2021 | 18.40 Bn |
| Sep 30, 2021 | 24.60 Bn |