Shell (SHEL) Other Working Capital Changes (2009 - 2026)

Shell's (SHEL) quarterly Other Working Capital Changes came in at -$115.0 million in Q2 2026, up 72.94% YoY from -$66.5 million in Q2 2025, and up 89.41% on a QoQ basis from -$1.1 billion in Q1 2026.

Shell (SHEL) Other Working Capital Changes (2009 - 2026) Analysis & Trends

Shell (SHEL) has 16 years of Other Working Capital Changes data on file, last reported at -$115.0 million in Q2 2026.

  • Quarterly Other Working Capital Changes rose 72.94% year-over-year to -$115.0 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was -$1.7 billion (down 13.74% YoY) and the FY2025 annual result came in at -$1.4 billion, down 67.27% from the prior year.
  • Other Working Capital Changes advanced to -$115.0 million in Q2 2026, from -$1.1 billion in the prior quarter.
  • In the past five years, Other Working Capital Changes ranged from a high of $370.0 million in Q4 2022 to a low of -$392.0 million in Q4 2024.
  • A 5-year average of -$34.3 million and a median of -$61.0 million in 2024 frame the typical range for Other Working Capital Changes.
  • Annual changes were most pronounced in 2022 — Other Working Capital Changes jumped 560.48% — and 2023, when it plunged 2233.33%.
  • Tracing SHEL's Other Working Capital Changes over 5 years: stood at $562.0 million in 2022, then climbed by 23.31% to $693.0 million in 2023, then plunged by 234.34% to -$931.0 million in 2024, then retreated by 6.77% to -$994.0 million in 2025, then soared by 88.43% to -$115.0 million in 2026.
  • The last three Other Working Capital Changes figures came in at -$115.0 million (Q2 2026), -$1.1 billion (Q1 2026), and -$994.0 million (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn -
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn
4 Eni Spa 205.81 Bn 195.97 Bn -
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn
6 Equinor Asa 98.30 Bn 89.04 Bn -
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn
8 Imperial Oil 61.22 Bn 60.47 Bn -
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn

Historic Data

Download Data
DateValue
Jun 30, 2026 -153.00 Mn
Jun 30, 2026 -153.00 Mn
Jun 30, 2026 -153.00 Mn
Mar 31, 2026 -80.00 Mn
Mar 31, 2026 -80.00 Mn
Mar 31, 2026 -80.00 Mn
Dec 31, 2025 -162.00 Mn
Dec 31, 2025 -162.00 Mn
Dec 31, 2025 -162.00 Mn
Sep 30, 2025 -61.00 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
Jun 30, 2025 -17.00 Mn
Mar 31, 2025 -100.00 Mn
Mar 31, 2025 -100.00 Mn
Mar 31, 2025 -100.00 Mn
Dec 31, 2024 -392.00 Mn
Dec 31, 2024 -392.00 Mn