Shell (SHEL) Minority Interest (2009 - 2026)
Shell's (SHEL) quarterly Minority Interest came in at $995.0 million in Q2 2026, down 49.0% YoY from $2.0 billion in Q2 2025, and down 2.26% on a QoQ basis from $1.0 billion in Q1 2026.
Analysis
Shell (SHEL) Minority Interest (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Minority Interest data on file, last reported at $995.0 million in Q2 2026.
- Quarterly Minority Interest fell 49.0% year-over-year to $995.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $995.0 million (down 49.0% YoY) and the FY2025 annual result came in at $927.0 million, down 50.19% from the prior year.
- Minority Interest fell to $995.0 million in Q2 2026, from $1.0 billion in the prior quarter.
- In the past five years, Minority Interest ranged from a high of $3.8 billion in Q2 2022 to a low of $927.0 million in Q4 2025.
- A 5-year average of $2.0 billion and a median of $1.9 billion in 2024 frame the typical range for Minority Interest.
- Annual changes were most pronounced in 2022 — Minority Interest increased 17.11% — and 2023, when it tumbled 57.02%.
- Tracing SHEL's Minority Interest over 5 years: stood at $2.1 billion in 2022, then decreased by 17.41% to $1.8 billion in 2023, then rose by 6.04% to $1.9 billion in 2024, then sank by 50.19% to $927.0 million in 2025, then grew by 7.34% to $995.0 million in 2026.
- The last three Minority Interest figures came in at $995.0 million (Q2 2026), $1.0 billion (Q1 2026), and $927.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 995.00 Mn |
| Mar 31, 2026 | 1.02 Bn |
| Dec 31, 2025 | 608.65 Mn |
| Sep 30, 2025 | 2.00 Bn |
| Jun 30, 2025 | 1.95 Bn |
| Mar 31, 2025 | 1.86 Bn |
| Dec 31, 2024 | 1.22 Bn |
| Sep 30, 2024 | 1.87 Bn |
| Jun 30, 2024 | 1.78 Bn |
| Mar 31, 2024 | 1.74 Bn |
| Dec 31, 2023 | 1.14 Bn |
| Sep 30, 2023 | 1.75 Bn |
| Jun 30, 2023 | 1.63 Bn |
| Mar 31, 2023 | 2.21 Bn |
| Dec 31, 2022 | 1.40 Bn |
| Sep 30, 2022 | 3.72 Bn |
| Jun 30, 2022 | 3.80 Bn |
| Mar 31, 2022 | 3.54 Bn |
| Dec 31, 2021 | 2.45 Bn |
| Sep 30, 2021 | 3.29 Bn |