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