Shell (SHEL) Inventory (2009 - 2026)

Shell has reported Inventory for 18 years, with the latest figure at $28.7 billion in Q1 2026.

• For the quarter ending Q1 2026, Inventory rose 24.87% year-over-year to $28.7 billion; the trailing twelve-month figure through Mar 2026 stood at $28.7 billion (up 24.87% YoY), and the FY2025 full-year result was $22.2 billion, down 5.17% from the prior year.
• Inventory for Q1 2026 stood at $28.7 billion, up from $22.2 billion in the prior quarter.
• The five-year high for Inventory was $36.1 billion in Q2 2022, with the low at $22.2 billion in Q4 2025.
• Historically, Inventory has averaged $27.4 billion across 5 years, with a median of $26.5 billion in 2024.
• Annual changes were most pronounced in 2022 — Inventory soared 43.79% — and 2023, when it slipped 25.25%.
• Shell's Inventory 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 advanced by 29.19% to $28.7 billion in 2026.
• The last three Inventory figures came in at $28.7 billion (Q1 2026), $22.2 billion (Q4 2025), and $22.9 billion (Q3 2025), per Business Quant data.