Shell (SHEL) Inventory Average (2009 - 2026)
Shell's (SHEL) quarterly Inventory Average came in at $27.7 billion in Q2 2026, up 19.61% YoY from $23.1 billion in Q2 2025, and up 8.69% on a QoQ basis from $25.5 billion in Q1 2026.
Analysis
Shell (SHEL) Inventory Average (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Inventory Average data on file, last reported at $27.7 billion in Q2 2026.
- Quarterly Inventory Average rose 19.61% year-over-year to $27.7 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $27.7 billion (up 19.61% YoY) and the FY2025 annual result came in at $22.8 billion, down 7.69% from the prior year.
- Inventory Average climbed to $27.7 billion in Q2 2026, from $25.5 billion in the prior quarter.
- In the past five years, Inventory Average ranged from a high of $35.4 billion in Q3 2022 to a low of $22.6 billion in Q4 2025.
- A 5-year average of $27.3 billion and a median of $27.0 billion in 2022 frame the typical range for Inventory Average.
- Annual changes were most pronounced in 2022 — Inventory Average jumped 42.49% — and 2023, when it slipped 19.21%.
- Tracing SHEL's Inventory Average over 5 years: stood at $33.3 billion in 2022, then fell by 15.56% to $28.1 billion in 2023, then fell by 15.43% to $23.8 billion in 2024, then dropped by 5.13% to $22.6 billion in 2025, then gained by 22.62% to $27.7 billion in 2026.
- The last three Inventory Average figures came in at $27.7 billion (Q2 2026), $25.5 billion (Q1 2026), and $22.6 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Inventory Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 27.67 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 10.54 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | 22.65 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 6.88 Bn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 3.58 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 | - | 3.08 Bn |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | 7.59 Bn |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 1.55 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.67 Bn |
| Mar 31, 2026 | 21.64 Bn |
| Dec 31, 2025 | 18.75 Bn |
| Sep 30, 2025 | 23.10 Bn |
| Jun 30, 2025 | 23.13 Bn |
| Mar 31, 2025 | 19.15 Bn |
| Dec 31, 2024 | 19.73 Bn |
| Sep 30, 2024 | 25.30 Bn |
| Jun 30, 2024 | 26.46 Bn |
| Mar 31, 2024 | 21.70 Bn |
| Dec 31, 2023 | 23.58 Bn |
| Sep 30, 2023 | 28.60 Bn |
| Jun 30, 2023 | 27.78 Bn |
| Mar 31, 2023 | 24.77 Bn |
| Dec 31, 2022 | 27.84 Bn |
| Sep 30, 2022 | 35.40 Bn |
| Jun 30, 2022 | 33.05 Bn |
| Mar 31, 2022 | 24.20 Bn |
| Dec 31, 2021 | 21.50 Bn |
| Sep 30, 2021 | 24.85 Bn |