Shell (SHEL) Minority Interest (2009 - 2026)

Shell (SHEL) reported Minority Interest of $1.0 billion for Q1 2026, down 45.15% on a YoY basis from $1.9 billion in Q1 2025, and up 9.82% quarter-over-quarter from $927.0 million in Q4 2025.

Shell (SHEL) Minority Interest (2009 - 2026) Analysis & Trends

Shell has reported Minority Interest for 18 years, with the latest figure at $1.0 billion in Q1 2026.

  • For the quarter ending Q1 2026, Minority Interest fell 45.15% year-over-year to $1.0 billion; the trailing twelve-month figure through Mar 2026 stood at $1.0 billion (down 45.15% YoY), and the FY2025 full-year result was $927.0 million, down 50.19% from the prior year.
  • Minority Interest for Q1 2026 stood at $1.0 billion, up from $927.0 million in the prior quarter.
  • The five-year high for Minority Interest was $3.8 billion in Q2 2022, with the low at -$114.0 million in Q1 2022.
  • Historically, Minority Interest has averaged $1.7 billion across 5 years, with a median of $1.8 billion in 2024.
  • The largest YoY upside for Minority Interest was 3416.96% in 2022 against a maximum downside of 103.52% in 2022.
  • Shell's Minority Interest 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 9.82% to $1.0 billion in 2026.
  • The last three Minority Interest figures came in at $1.0 billion (Q1 2026), $927.0 million (Q4 2025), and $2.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn -
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00
4 Shell 546.31 Bn 505.07 Bn -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn
7 Eni Spa 252.26 Bn 242.70 Bn -
8 Bp 196.12 Bn 159.56 Bn -
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn -

Historic Data

Download Data
DateValue
Mar 31, 2026 1.02 Bn
Dec 31, 2025 927.00 Mn
Sep 30, 2025 2.00 Bn
Jun 30, 2025 1.95 Bn
Mar 31, 2025 1.86 Bn
Dec 31, 2024 1.86 Bn
Sep 30, 2024 1.87 Bn
Jun 30, 2024 1.78 Bn
Mar 31, 2024 1.74 Bn
Dec 31, 2023 1.76 Bn
Sep 30, 2023 1.75 Bn
Jun 30, 2023 1.63 Bn
Mar 31, 2023 -72.00 Mn
Dec 31, 2022 2.13 Bn
Sep 30, 2022 3.72 Bn
Jun 30, 2022 3.80 Bn
Mar 31, 2022 -114.00 Mn
Dec 31, 2021 3.36 Bn
Sep 30, 2021 -112.00 Mn
Jun 30, 2021 3.24 Bn