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