Shell plc (SHEL) Operating Leases (2018 - 2026)

Shell (SHEL) has reported Operating Leases for 9 consecutive years, with $30.6 billion the latest figure, recorded in Q1 2026.

• For the quarter ending Q1 2026, Operating Leases rose 7.39% year-over-year to $30.6 billion; the trailing twelve-month figure through Mar 2026 stood at $30.6 billion (up 7.39% YoY), and the FY2025 full-year result was $28.9 billion, up 0.8% from the prior year.
• Operating Leases grew to $30.6 billion in Q1 2026 per SHEL's latest filing, from $28.9 billion in the prior quarter.
• Across five years, Operating Leases topped out at $30.6 billion in Q1 2026 and bottomed at $25.6 billion in Q3 2024.
• Historically, Operating Leases has averaged $27.7 billion across 5 years, with a median of $27.7 billion in 2023.
• The sharpest annual moves came in 2024 and 2025: Operating Leases fell 8.13% in 2024, then increased 13.11% in 2025.
• Over 5 years, Operating Leases stood at $27.6 billion in 2022, then increased by 0.24% to $27.7 billion in 2023, then gained by 3.58% to $28.7 billion in 2024, then climbed by 0.8% to $28.9 billion in 2025, then gained by 5.74% to $30.6 billion in 2026.
• According to Business Quant data, Operating Leases over the past three periods registered $30.6 billion, $28.9 billion, and $28.6 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.