Shell (SHEL) Other Operating Expenses (2011 - 2024)
Shell (SHEL) reported Other Operating Expenses of $6.2 billion for Q1 2024, up 4.23% on a YoY basis from $5.9 billion in Q2 2023, and down 7.15% quarter-over-quarter from $6.7 billion in Q4 2023.
Shell (SHEL) Other Operating Expenses (2011 - 2024) Analysis & Trends
Shell has reported Other Operating Expenses for 10 years, with the latest figure at $6.2 billion in Q1 2024.
- For the quarter ending Q1 2024, Other Operating Expenses rose 4.23% year-over-year to $6.2 billion; the trailing twelve-month figure through Dec 2024 stood at $6.2 billion (down 75.41% YoY), and the FY2024 full-year result was $244.3 billion, down 11.11% from the prior year.
- Other Operating Expenses for Q1 2024 stood at $6.2 billion, down from $6.7 billion in the prior quarter.
- The five-year high for Other Operating Expenses was $7.5 billion in Q4 2020, with the low at $5.5 billion in Q3 2020.
- Historically, Other Operating Expenses has averaged $6.4 billion across 5 years, with a median of $6.2 billion in 2020.
- The largest YoY upside for Other Operating Expenses was 10.17% in 2023 against a maximum downside of 6.74% in 2023.
- Shell's Other Operating Expenses stood at $7.5 billion in 2020, then retreated by 9.29% to $6.8 billion in 2021, then climbed by 4.34% to $7.1 billion in 2022, then slipped by 6.74% to $6.7 billion in 2023, then decreased by 7.15% to $6.2 billion in 2024.
- The last three Other Operating Expenses figures came in at $6.2 billion (Q1 2024), $6.7 billion (Q4 2023), and $6.6 billion (Q3 2023), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 6.18 Bn |
| Dec 31, 2023 | 6.65 Bn |
| Sep 30, 2023 | 6.62 Bn |
| Jun 30, 2023 | 5.93 Bn |
| Mar 31, 2023 | 5.93 Bn |
| Dec 31, 2022 | 7.14 Bn |
| Sep 30, 2022 | 6.01 Bn |
| Mar 31, 2021 | 6.84 Bn |
| Dec 31, 2020 | 7.54 Bn |
| Sep 30, 2020 | 5.53 Bn |
| Mar 31, 2020 | 6.22 Bn |
| Dec 31, 2019 | 7.26 Bn |
| Mar 31, 2016 | 6.76 Bn |
| Dec 31, 2015 | 7.51 Bn |
| Mar 31, 2015 | 6.83 Bn |
| Dec 31, 2012 | -2.08 Bn |
| Sep 30, 2012 | -428.00 Mn |
| Dec 31, 2011 | -1.15 Bn |