Shell (SHEL) Non-Current Debt (2009 - 2026)

Shell (SHEL) reported Non-Current Debt of $65.6 billion for Q1 2026, up 0.71% on a YoY basis from $65.1 billion in Q1 2025, and down 1.4% quarter-over-quarter from $66.5 billion in Q4 2025.

Shell (SHEL) Non-Current Debt (2009 - 2026) Analysis & Trends

Shell has reported Non-Current Debt for 15 years, with the latest figure at $65.6 billion in Q1 2026.

  • For the quarter ending Q1 2026, Non-Current Debt rose 0.71% year-over-year to $65.6 billion; the trailing twelve-month figure through Mar 2026 stood at $65.6 billion (up 0.71% YoY), and the FY2025 full-year result was $66.5 billion, up 1.63% from the prior year.
  • Non-Current Debt for Q1 2026 stood at $65.6 billion, down from $66.5 billion in the prior quarter.
  • The five-year high for Non-Current Debt was $79.0 billion in Q1 2022, with the low at $64.0 billion in Q3 2025.
  • Historically, Non-Current Debt has averaged $69.8 billion across 5 years, with a median of $68.9 billion in 2024.
  • Annual changes were most pronounced in 2022 — Non-Current Debt dropped 12.7% — and 2025, when it rose 1.63%.
  • Shell's Non-Current Debt stood at $74.8 billion in 2022, then fell by 4.26% to $71.6 billion in 2023, then declined by 8.6% to $65.4 billion in 2024, then gained by 1.63% to $66.5 billion in 2025, then declined by 1.4% to $65.6 billion in 2026.
  • The last three Non-Current Debt figures came in at $65.6 billion (Q1 2026), $66.5 billion (Q4 2025), and $64.0 billion (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Debt (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn 27,537.00 Bn
2 Exxon Mobil 629.96 Bn 628.14 Bn - 33.13 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 51,426.00
4 Shell 546.31 Bn 505.07 Bn - 65.59 Bn
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn -
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 7.75 Bn
7 Eni Spa 252.26 Bn 242.70 Bn - 25.45 Bn
8 Bp 196.12 Bn 159.56 Bn - 52.20 Bn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn 6.66 Bn
10 Imperial Oil 42.92 Bn 42.17 Bn - 2.90 Bn

Historic Data

Download Data
DateValue
Mar 31, 2026 65.59 Bn
Mar 31, 2026 65.59 Bn
Dec 31, 2025 66.52 Bn
Dec 31, 2025 66.52 Bn
Sep 30, 2025 63.96 Bn
Sep 30, 2025 63.96 Bn
Jun 30, 2025 65.22 Bn
Jun 30, 2025 65.22 Bn
Mar 31, 2025 65.12 Bn
Mar 31, 2025 65.12 Bn
Dec 31, 2024 65.45 Bn
Dec 31, 2024 65.45 Bn
Sep 30, 2024 64.60 Bn
Sep 30, 2024 64.60 Bn
Jun 30, 2024 64.62 Bn
Jun 30, 2024 64.62 Bn
Mar 31, 2024 68.89 Bn
Mar 31, 2024 68.89 Bn
Dec 31, 2023 71.61 Bn
Dec 31, 2023 71.61 Bn