Shell (SHEL) Net Cash Flow (2009 - 2026)
Shell (SHEL) posted Net Cash Flow of $8.36 billion for Q2 2026, compared with -$3.58 billion a year earlier.
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Analysis
Shell (SHEL) Net Cash Flow (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Net Cash Flow at Shell was -$860 million; for FY2025, it was -$9.76 billion.
- In prior years, Shell's Net Cash Flow was $1.1 billion in FY2024, -$1.78 billion in FY2023, $4.01 billion in FY2022 (-29.4%) and $5.68 billion in FY2021 (-58.3%).
- The Q2 2026 figure stands as the highest quarterly Net Cash Flow since Q1 2012.
- According to Business Quant data, Net Cash Flow for the three prior quarters was -$6.89 billion (Q1 2026), -$2.8 billion (Q4 2025) and $477 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | NCF (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - | 2.27 Bn |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn | 3.28 Bn |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - | 5.08 Bn |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 | 6.73 Bn |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn | 753.00 Mn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | -1.63 Bn |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn | 1.31 Bn |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn | 1.74 Bn |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - | 2.07 Bn |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - | 3.64 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.08 Bn |
| Jun 30, 2026 | 8.36 Bn |
| Mar 31, 2026 | -6.89 Bn |
| Dec 31, 2025 | -2.80 Bn |
| Sep 30, 2025 | 477.00 Mn |
| Jun 30, 2025 | -3.58 Bn |
| Mar 31, 2025 | -3.86 Bn |
| Dec 31, 2024 | -2.16 Bn |
| Sep 30, 2024 | 3.38 Bn |
| Jun 30, 2024 | -1.68 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | -4.79 Bn |
| Sep 30, 2023 | -1.64 Bn |
| Jun 30, 2023 | 3.11 Bn |
| Mar 31, 2023 | 1.54 Bn |
| Dec 31, 2022 | -19.00 Bn |
| Sep 30, 2022 | -2.22 Bn |
| Jun 30, 2022 | 1.30 Bn |
| Mar 31, 2022 | 1.52 Bn |
| Dec 31, 2021 | -31.26 Bn |
API Access
Shell Net Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-cash-flow&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-cash-flow", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-cash-flow&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();