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| Date | Value |
|---|---|
| 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 |