Shell (SHEL) Other Accumulated Expenses (2009 - 2026)
Shell's Other Accumulated Expenses was $70.93 billion in Q3 2026, up 24.8% from $56.82 billion a year earlier and up 16.8% from the prior quarter.
Shell (SHEL) Other Accumulated Expenses (2009 - 2026) Analysis & Trends
At the end of FY2025, Other Accumulated Expenses at Shell came in at $57.77 billion, down 4.8% from FY2024.
- Other Accumulated Expenses has now declined for three consecutive years, though with a five-year compound annual growth rate of 5.3% (FY2020 to FY2025).
- In earlier years, Other Accumulated Expenses was $60.69 billion in FY2024 (-11.1%), $68.24 billion in FY2023 (-14.0%), $79.36 billion in FY2022 (+25.6%) and $63.17 billion in FY2021 (+41.7%).
- The Q3 2026 figure marks the highest quarterly Other Accumulated Expenses since Q4 2022.
- Compared with a year earlier, Other Accumulated Expenses has increased for three straight quarters, with an average decline of 0.6% over the last eight quarters.
- The best year-over-year quarter for Other Accumulated Expenses over five years was Q4 2021 (growth of 41.7%); the worst was Q4 2023 (a decline of 14.0%).
- Per Business Quant data, SHEL's Other Accumulated Expenses in the three quarters before Q3 2026 was $60.74 billion (Q2 2026), $64.29 billion (Q1 2026) and $57.77 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 70.93 Bn |
| Jun 30, 2026 | 60.74 Bn |
| Mar 31, 2026 | 64.29 Bn |
| Dec 31, 2025 | 57.77 Bn |
| Sep 30, 2025 | 56.82 Bn |
| Jun 30, 2025 | 58.38 Bn |
| Mar 31, 2025 | 60.87 Bn |
| Dec 31, 2024 | 60.69 Bn |
| Sep 30, 2024 | 61.08 Bn |
| Jun 30, 2024 | 63.94 Bn |
| Mar 31, 2024 | 66.00 Bn |
| Dec 31, 2023 | 68.24 Bn |
| Sep 30, 2023 | 67.19 Bn |
| Jun 30, 2023 | 64.00 Bn |
| Mar 31, 2023 | 68.86 Bn |
| Dec 31, 2022 | 79.36 Bn |
| Sep 30, 2022 | 70.34 Bn |
| Jun 30, 2022 | 75.45 Bn |
| Mar 31, 2022 | 71.74 Bn |
| Dec 31, 2021 | 63.17 Bn |
Shell Other Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-accumulated-expenses", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-accumulated-expenses&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();