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| Date | Value |
|---|---|
| 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 |