Shell plc (SHEL) Invested Capital (2009 - 2026)

Shell (SHEL) has reported Invested Capital for 18 consecutive years, with $249.3 billion the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Invested Capital fell 5.58% year-over-year to $249.3 billion; the trailing twelve-month figure through Jun 2026 stood at $249.3 billion (down 5.58% YoY), and the FY2025 full-year result was $246.8 billion, down 0.58% from the prior year.
• Invested Capital retreated to $249.3 billion in Q2 2026 per SHEL's latest filing, from $253.2 billion in the prior quarter.
• Across five years, Invested Capital topped out at $292.7 billion in Q1 2023 and bottomed at $246.8 billion in Q4 2025.
• Historically, Invested Capital has averaged $271.7 billion across 5 years, with a median of $274.8 billion in 2022.
• The sharpest annual moves came in 2022 and 2024: Invested Capital increased 8.2% in 2022, then declined 8.8% in 2024.
• Over 5 years, Invested Capital stood at $277.2 billion in 2022, then declined by 1.8% to $272.2 billion in 2023, then slipped by 8.8% to $248.2 billion in 2024, then dropped by 0.58% to $246.8 billion in 2025, then gained by 1.0% to $249.3 billion in 2026.
• According to Business Quant data, Invested Capital over the past three periods registered $249.3 billion, $253.2 billion, and $246.8 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.