Shell (SHEL) Other Working Capital Changes (2009 - 2026)
Shell (SHEL) reported Other Working Capital Changes of $6.9 billion for Q1 2026, down 33.02% on a YoY basis from $10.3 billion in Q1 2025, and up 4344.44% quarter-over-quarter from -$162.0 million in Q4 2025.
Shell (SHEL) Other Working Capital Changes (2009 - 2026) Analysis & Trends
Shell has reported Other Working Capital Changes for 17 years, with the latest figure at $6.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Other Working Capital Changes fell 33.02% year-over-year to $6.9 billion; the trailing twelve-month figure through Mar 2026 stood at $6.9 billion (down 33.02% YoY), and the FY2025 full-year result was $7.1 billion, down 28.66% from the prior year.
- Other Working Capital Changes for Q1 2026 stood at $6.9 billion, up from -$162.0 million in the prior quarter.
- The five-year high for Other Working Capital Changes was $15.0 billion in Q2 2022, with the low at -$332.0 million in Q2 2024.
- Historically, Other Working Capital Changes has averaged $3.8 billion across 5 years, with a median of $125.0 million in 2024.
- The largest YoY upside for Other Working Capital Changes was 60906.67% in 2024 against a maximum downside of 2471.43% in 2024.
- Shell's Other Working Capital Changes stood at $135.0 million in 2022, then plunged by 150.37% to -$68.0 million in 2023, then climbed by 14.71% to -$58.0 million in 2024, then tumbled by 179.31% to -$162.0 million in 2025, then surged by 4344.44% to $6.9 billion in 2026.
- The last three Other Working Capital Changes figures came in at $6.9 billion (Q1 2026), -$162.0 million (Q4 2025), and -$61.0 million (Q3 2025), 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, 2026 | 6.88 Bn |
| Mar 31, 2026 | 6.88 Bn |
| Dec 31, 2025 | -162.00 Mn |
| Dec 31, 2025 | -162.00 Mn |
| Sep 30, 2025 | -61.00 Mn |
| Sep 30, 2025 | -61.00 Mn |
| Jun 30, 2025 | -17.00 Mn |
| Jun 30, 2025 | -17.00 Mn |
| Mar 31, 2025 | 10.27 Bn |
| Mar 31, 2025 | 10.27 Bn |
| Dec 31, 2024 | -58.00 Mn |
| Dec 31, 2024 | -58.00 Mn |
| Sep 30, 2024 | 125.00 Mn |
| Sep 30, 2024 | 125.00 Mn |
| Jun 30, 2024 | -332.00 Mn |
| Jun 30, 2024 | -332.00 Mn |
| Mar 31, 2024 | 9.15 Bn |
| Mar 31, 2024 | 9.15 Bn |
| Dec 31, 2023 | -68.00 Mn |
| Dec 31, 2023 | -68.00 Mn |