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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Inventory Avg. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 1,066.50 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 22.41 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 10.13 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 6.15 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 27.67 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn - 3.58 Bn
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn -
8 Imperial Oil 61.22 Bn 60.47 Bn - -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 22.65 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn 1.45 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 27.67 Bn
Mar 31, 2026 25.46 Bn
Dec 31, 2025 22.56 Bn
Sep 30, 2025 23.10 Bn
Jun 30, 2025 23.13 Bn
Mar 31, 2025 23.21 Bn
Dec 31, 2024 23.78 Bn
Sep 30, 2024 25.30 Bn
Jun 30, 2024 26.46 Bn
Mar 31, 2024 26.25 Bn
Dec 31, 2023 28.12 Bn
Sep 30, 2023 28.60 Bn
Jun 30, 2023 27.78 Bn
Mar 31, 2023 30.24 Bn
Dec 31, 2022 33.31 Bn
Sep 30, 2022 35.40 Bn
Jun 30, 2022 33.05 Bn
Mar 31, 2022 27.63 Bn
Dec 31, 2021 24.93 Bn
Sep 30, 2021 24.85 Bn