Shell (SHEL) Other Operating Expenses (2009 - 2026)
Shell's Other Operating Expenses was $5.73 billion in Q1 2026, up 3.2% from $5.55 billion a year earlier but down 1.7% from the prior quarter.
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Analysis
Shell (SHEL) Other Operating Expenses (2009 - 2026) Analysis & Trends
For FY2025, Other Operating Expenses at Shell came in at $2.2 billion, unchanged from FY2024.
- Other Operating Expenses shows a five-year compound annual growth rate of 85.2% (FY2020 to FY2025).
- In earlier years, Other Operating Expenses was $2.2 billion in FY2024 (-8.3%), $2.4 billion in FY2023 (-22.6%), $3.1 billion in FY2022 and -$699 million in FY2021.
- Quarterly Other Operating Expenses has moved between -$238 million (Q3 2023) and $71.36 billion (Q1 2023) over five years.
- Compared with a year earlier, Other Operating Expenses was higher in two of the last six quarters, with an average decline of 14.5%.
- The best year-over-year quarter for Other Operating Expenses over five years was Q4 2024 (growth of 23.6%); the worst was Q1 2025 (a decline of 90.8%).
- Per Business Quant data, SHEL's Other Operating Expenses in the three quarters before Q1 2026 was $5.83 billion (Q4 2025), $5.6 billion (Q3 2025) and $4.95 billion (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -600.00 Mn |
| Mar 31, 2026 | -900.00 Mn |
| Dec 31, 2025 | -600.00 Mn |
| Sep 30, 2025 | -400.00 Mn |
| Jun 30, 2025 | -500.00 Mn |
| Mar 31, 2025 | -500.00 Mn |
| Dec 31, 2024 | 10.00 Mn |
| Sep 30, 2024 | -600.00 Mn |
| Jun 30, 2024 | -1.70 Bn |
| Mar 31, 2024 | 11.00 Mn |
| Dec 31, 2023 | 44.00 Mn |
| Sep 30, 2023 | -238.00 Mn |
| Jun 30, 2023 | 269.00 Mn |
| Mar 31, 2023 | 13.00 Mn |
| Dec 31, 2022 | 50.00 Mn |
| Sep 30, 2022 | -100.00 Mn |
| Jun 30, 2022 | 34.00 Mn |
| Mar 31, 2022 | -548.00 Mn |
| Dec 31, 2021 | -889.00 Mn |
| Sep 30, 2021 | -732.00 Mn |
API Access
Shell Other Operating 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-operating-expenses&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-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-operating-expenses&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();