Shell (SHEL) Non-cash Items (2009 - 2026)

Shell's (SHEL) quarterly Non-cash Items came in at $17.2 billion in Q1 2026, up 44.35% YoY from $11.9 billion in Q1 2025, and up 111.18% on a QoQ basis from $8.2 billion in Q4 2025.

Shell (SHEL) Non-cash Items (2009 - 2026) Analysis & Trends

Shell (SHEL) has 18 years of Non-cash Items data on file, last reported at $17.2 billion in Q1 2026.

  • Quarterly Non-cash Items rose 44.35% year-over-year to $17.2 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $50.0 billion (up 3.05% YoY) and the FY2025 annual result came in at $44.7 billion, down 15.12% from the prior year.
  • Non-cash Items rose to $17.2 billion in Q1 2026, from $8.2 billion in the prior quarter.
  • In the past five years, Non-cash Items ranged from a high of $22.9 billion in Q2 2022 to a low of $8.2 billion in Q4 2025.
  • A 5-year average of $13.9 billion and a median of $12.2 billion in 2025 frame the typical range for Non-cash Items.
  • Annual changes were most pronounced in 2022 — Non-cash Items surged 75.35% — and 2023, when it plunged 55.06%.
  • Tracing SHEL's Non-cash Items over 5 years: stood at $12.0 billion in 2022, then dropped by 17.67% to $9.9 billion in 2023, then climbed by 8.74% to $10.8 billion in 2024, then fell by 24.09% to $8.2 billion in 2025, then surged by 111.18% to $17.2 billion in 2026.
  • The last three Non-cash Items figures came in at $17.2 billion (Q1 2026), $8.2 billion (Q4 2025), and $12.2 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn
4 Eni Spa 205.81 Bn 195.97 Bn -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 17.24 Bn
Mar 31, 2026 17.24 Bn
Dec 31, 2025 8.16 Bn
Dec 31, 2025 8.16 Bn
Sep 30, 2025 12.24 Bn
Sep 30, 2025 12.24 Bn
Jun 30, 2025 12.32 Bn
Jun 30, 2025 12.32 Bn
Mar 31, 2025 11.94 Bn
Mar 31, 2025 11.94 Bn
Dec 31, 2024 10.76 Bn
Dec 31, 2024 10.76 Bn
Sep 30, 2024 12.02 Bn
Sep 30, 2024 12.02 Bn
Jun 30, 2024 13.77 Bn
Jun 30, 2024 13.77 Bn
Mar 31, 2024 16.08 Bn
Mar 31, 2024 16.08 Bn
Dec 31, 2023 9.89 Bn
Dec 31, 2023 9.89 Bn