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| Date | Value |
|---|---|
| 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 |