Shell (SHEL) Operating Leases (2018 - 2026)

Shell (SHEL) posted Operating Leases of $30.6 billion for Q1 2026, up 5.74% quarter-over-quarter from $28.9 billion in Q4 2025, and up 7.39% year-on-year from $28.5 billion in Q1 2025.

Shell (SHEL) Operating Leases (2018 - 2026) Analysis & Trends

Shell (SHEL) has reported Operating Leases for 8 consecutive years, with $30.6 billion the latest figure, recorded in Q1 2026.

  • Operating Leases for Q1 2026 came in at $30.6 billion, up 7.39% year-over-year; the trailing twelve-month figure through Mar 2026 was $30.6 billion (up 7.39% YoY), and the FY2025 annual result was $28.9 billion, up 0.8% from the prior year.
  • Operating Leases was $30.6 billion for Q1 2026 at Shell, up from $28.9 billion in the prior quarter.
  • Over five years, Operating Leases peaked at $30.6 billion in Q1 2026 and troughed at $25.6 billion in Q3 2024.
  • Average Operating Leases over 5 years is $27.7 billion, with a median of $27.7 billion recorded in 2023.
  • Year-over-year, Operating Leases retreated 8.13% in 2024 and rose 13.11% in 2025.
  • Over 5 years, Operating Leases stood at $27.6 billion in 2022, then rose by 0.24% to $27.7 billion in 2023, then advanced by 3.58% to $28.7 billion in 2024, then grew by 0.8% to $28.9 billion in 2025, then advanced by 5.74% to $30.6 billion in 2026.
  • Per Business Quant data, the three most recent Operating Leases figures were $30.6 billion in Q1 2026, $28.9 billion in Q4 2025, and $28.6 billion in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Exxon Mobil 6,326.01 Bn 6,324.19 Bn -
2 Petrobras - Petroleo Brasileiro 3,284.86 Bn 3,284.86 Bn 11.34 Bn
3 Bp 558.99 Bn 524.30 Bn 51.83 Bn
4 TotalEnergies SE 523.98 Bn 523.98 Bn 26,816.00
5 Chevron 328.11 Bn 333.77 Bn 20.34 Bn
6 Equinor Asa 77.88 Bn 70.78 Bn -
7 National Fuel Gas 7.37 Bn 7.34 Bn 650.52 Mn
8 Diversified Energy 1.02 Bn 860.11 Mn -3.35 Mn
9 Stabilis Solutions 74.76 Mn 64.12 Mn 367,000.00
10 Shell - - -

Historic Data

Download Data
DateValue
Mar 31, 2026 30.59 Bn
Dec 31, 2025 28.93 Bn
Sep 30, 2025 28.57 Bn
Jun 30, 2025 28.96 Bn
Mar 31, 2025 28.49 Bn
Dec 31, 2024 28.70 Bn
Sep 30, 2024 25.59 Bn
Jun 30, 2024 25.60 Bn
Mar 31, 2024 26.89 Bn
Dec 31, 2023 27.71 Bn
Sep 30, 2023 27.85 Bn
Jun 30, 2023 27.59 Bn
Mar 31, 2023 27.80 Bn
Dec 31, 2022 27.64 Bn
Sep 30, 2022 26.56 Bn
Jun 30, 2022 27.03 Bn
Mar 31, 2022 26.82 Bn
Dec 31, 2021 27.51 Bn
Sep 30, 2021 27.97 Bn
Jun 30, 2021 28.34 Bn