Shell (SHEL) Net Cash Flow (2009 - 2026)
Shell's (SHEL) quarterly Net Cash Flow came in at $12.3 billion in Q2 2026, up 443.1% YoY from $2.3 billion in Q2 2025, and up 426.4% on a QoQ basis from -$3.8 billion in Q1 2026.
Analysis
Shell (SHEL) Net Cash Flow (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Net Cash Flow data on file, last reported at $12.3 billion in Q2 2026.
- Quarterly Net Cash Flow rose 443.1% year-over-year to $12.3 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $13.2 billion (up 101.39% YoY) and the FY2025 annual result came in at -$9.8 billion, down 989.7% from the prior year.
- Net Cash Flow climbed to $12.3 billion in Q2 2026, from -$3.8 billion in the prior quarter.
- In the past five years, Net Cash Flow ranged from a high of $13.3 billion in Q4 2022 to a low of -$3.9 billion in Q1 2025.
- A 5-year average of $3.2 billion and a median of $2.3 billion in 2025 frame the typical range for Net Cash Flow.
- Annual changes were most pronounced in 2025 — Net Cash Flow slumped 348.46% — and 2026, when it surged 443.1%.
- Tracing SHEL's Net Cash Flow over 5 years: stood at $13.3 billion in 2022, then dropped by 10.53% to $11.9 billion in 2023, then slumped by 43.33% to $6.7 billion in 2024, then sank by 71.4% to $1.9 billion in 2025, then soared by 535.87% to $12.3 billion in 2026.
- The last three Net Cash Flow figures came in at $12.3 billion (Q2 2026), -$3.8 billion (Q1 2026), and $1.9 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 8.36 Bn |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | 3.28 Bn |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -8.54 Bn |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | -428.91 Mn |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 6.03 Bn |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 1.49 Bn |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 1.31 Bn |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 3.23 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 | 13.00 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.36 Bn |
| Jun 30, 2026 | 8.36 Bn |
| Mar 31, 2026 | -6.89 Bn |
| Mar 31, 2026 | -6.89 Bn |
| Sep 30, 2025 | 2.73 Bn |
| Sep 30, 2025 | 2.73 Bn |
| Jun 30, 2025 | -3.58 Bn |
| Jun 30, 2025 | -3.58 Bn |
| Mar 31, 2025 | -3.86 Bn |
| Mar 31, 2025 | -3.86 Bn |
| Sep 30, 2024 | 7.23 Bn |
| Sep 30, 2024 | 7.23 Bn |
| Jun 30, 2024 | -1.68 Bn |
| Jun 30, 2024 | -1.68 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Mar 31, 2024 | 1.55 Bn |
| Dec 31, 2023 | 11.90 Bn |
| Dec 31, 2023 | 11.90 Bn |
| Sep 30, 2023 | 3.19 Bn |
| Sep 30, 2023 | 3.19 Bn |