Shell (SHEL) Invested Capital (2009 - 2026)

Shell's (SHEL) quarterly Invested Capital came in at $227.2 billion in Q1 2026, up 2.26% YoY from $222.2 billion in Q1 2025, and up 2.81% on a QoQ basis from $221.0 billion in Q4 2025.

Shell (SHEL) Invested Capital (2009 - 2026) Analysis & Trends

Shell (SHEL) has 15 years of Invested Capital data on file, last reported at $227.2 billion in Q1 2026.

  • Quarterly Invested Capital rose 2.26% year-over-year to $227.2 billion in Q1 2026, while the trailing twelve-month figure through Jun 2026 was $16.6 billion (down 92.66% YoY) and the FY2025 annual result came in at $221.0 billion, up 0.93% from the prior year.
  • Invested Capital advanced to $227.2 billion in Q1 2026, from $221.0 billion in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $240.7 billion in Q2 2022 to a low of $219.0 billion in Q4 2024.
  • A 5-year average of $229.2 billion and a median of $228.0 billion in 2022 frame the typical range for Invested Capital.
  • Annual changes were most pronounced in 2022 — Invested Capital advanced 6.43% — and 2024, when it slipped 5.57%.
  • Tracing SHEL's Invested Capital over 5 years: stood at $237.4 billion in 2022, then retreated by 2.33% to $231.9 billion in 2023, then fell by 5.57% to $219.0 billion in 2024, then gained by 0.93% to $221.0 billion in 2025, then increased by 2.81% to $227.2 billion in 2026.
  • The last three Invested Capital figures came in at $227.2 billion (Q1 2026), $221.0 billion (Q4 2025), and $219.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 12.63 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 14.53 Bn
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn 39.60 Bn
4 Eni Spa 205.81 Bn 195.97 Bn - 3.13 Bn
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn -
6 Equinor Asa 98.30 Bn 89.04 Bn - -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 713.89 Mn
8 Imperial Oil 61.22 Bn 60.47 Bn - 13.85 Mn
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 13.18 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 227.21 Bn
Dec 31, 2025 221.01 Bn
Sep 30, 2025 219.03 Bn
Jun 30, 2025 226.30 Bn
Mar 31, 2025 222.19 Bn
Dec 31, 2024 218.97 Bn
Sep 30, 2024 224.77 Bn
Jun 30, 2024 225.51 Bn
Mar 31, 2024 228.82 Bn
Dec 31, 2023 231.90 Bn
Sep 30, 2023 233.41 Bn
Jun 30, 2023 232.40 Bn
Mar 31, 2023 239.75 Bn
Dec 31, 2022 237.43 Bn
Sep 30, 2022 238.58 Bn
Jun 30, 2022 240.66 Bn
Mar 31, 2022 228.02 Bn
Dec 31, 2021 227.88 Bn
Sep 30, 2021 224.18 Bn
Jun 30, 2021 236.98 Bn