Shell (SHEL) Invested Capital (2009 - 2026)

Shell (SHEL) posted Invested Capital of $227.2 billion for Q1 2026, up 2.81% quarter-over-quarter from $221.0 billion in Q4 2025, and up 2.26% year-on-year from $222.2 billion in Q1 2025.

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

Shell (SHEL) has reported Invested Capital for 18 consecutive years, with $227.2 billion the latest figure, recorded in Q1 2026.

  • Invested Capital for Q1 2026 came in at $227.2 billion, up 2.26% year-over-year; the trailing twelve-month figure through Mar 2026 was $227.2 billion (up 2.26% YoY), and the FY2025 annual result was $221.0 billion, up 0.93% from the prior year.
  • Invested Capital was $227.2 billion for Q1 2026 at Shell, up from $221.0 billion in the prior quarter.
  • Over five years, Invested Capital peaked at $240.7 billion in Q2 2022 and troughed at $219.0 billion in Q4 2024.
  • Average Invested Capital over 5 years is $229.2 billion, with a median of $228.0 billion recorded in 2022.
  • Year-over-year, Invested Capital grew 6.43% in 2022 and declined 5.57% in 2024.
  • Over 5 years, Invested Capital stood at $237.4 billion in 2022, then dropped by 2.33% to $231.9 billion in 2023, then slipped by 5.57% to $219.0 billion in 2024, then grew by 0.93% to $221.0 billion in 2025, then advanced by 2.81% to $227.2 billion in 2026.
  • Per Business Quant data, the three most recent Invested Capital figures were $227.2 billion in Q1 2026, $221.0 billion in Q4 2025, and $219.0 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn - 268.91 Bn
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn 122.83 Bn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn 7.62 Bn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00 135,123.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn 228.97 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn - -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn 5.91 Bn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn 3.40 Bn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00 63.01 Mn
10 Shell - - - 227.21 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