Shell (SHEL) Notes Payables (2009 - 2026)
Shell (SHEL) reported Notes Payables of $65.6 billion for Q1 2026, up 57.96% on a YoY basis from $41.5 billion in Q1 2025, and down 1.4% quarter-over-quarter from $66.5 billion in Q4 2025.
Shell (SHEL) Notes Payables (2009 - 2026) Analysis & Trends
Shell has reported Notes Payables for 18 years, with the latest figure at $65.6 billion in Q1 2026.
- For the quarter ending Q1 2026, Notes Payables rose 57.96% year-over-year to $65.6 billion; the trailing twelve-month figure through Mar 2026 stood at $65.6 billion (up 57.96% YoY), and the FY2025 full-year result was $66.5 billion, up 1.63% from the prior year.
- Notes Payables for Q1 2026 stood at $65.6 billion, down from $66.5 billion in the prior quarter.
- The five-year high for Notes Payables was $74.8 billion in Q4 2022, with the low at $35.2 billion in Q3 2024.
- Historically, Notes Payables has averaged $50.1 billion across 5 years, with a median of $44.2 billion in 2023.
- Annual changes were most pronounced in 2022 — Notes Payables tumbled 31.95% — and 2026, when it soared 57.96%.
- Shell's Notes Payables 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 Notes Payables figures came in at $65.6 billion (Q1 2026), $66.5 billion (Q4 2025), and $41.2 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 |
| 4 | Shell | 546.31 Bn | 505.07 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 | Eni Spa | 252.26 Bn | 242.70 Bn | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 65.59 Bn |
| Dec 31, 2025 | 66.52 Bn |
| Sep 30, 2025 | 41.20 Bn |
| Jun 30, 2025 | 43.22 Bn |
| Mar 31, 2025 | 41.52 Bn |
| Dec 31, 2024 | 65.45 Bn |
| Sep 30, 2024 | 35.23 Bn |
| Jun 30, 2024 | 38.31 Bn |
| Mar 31, 2024 | 40.51 Bn |
| Dec 31, 2023 | 71.61 Bn |
| Sep 30, 2023 | 40.47 Bn |
| Jun 30, 2023 | 40.31 Bn |
| Mar 31, 2023 | 44.22 Bn |
| Dec 31, 2022 | 74.79 Bn |
| Sep 30, 2022 | 48.34 Bn |
| Jun 30, 2022 | 46.36 Bn |
| Mar 31, 2022 | 48.49 Bn |
| Dec 31, 2021 | 80.87 Bn |
| Sep 30, 2021 | 57.49 Bn |
| Jun 30, 2021 | 65.74 Bn |