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
DateValue
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