Shell (SHEL) Payables (2009 - 2026)
Shell (SHEL) posted Payables of $7.29 billion for Q2 2026, up 24.1% from $5.88 billion a year earlier and up 42.4% from the prior quarter.
Analysis
Shell (SHEL) Payables (2009 - 2026) Analysis & Trends
At the end of FY2025, Shell's Payables came in at $4.46 billion, up 35.7% from FY2024.
- Annual Payables shows a five-year compound annual growth rate of 14.1% (FY2020 to FY2025).
- In prior years, Shell's Payables was $3.29 billion in FY2024 (-95.2%), $68.24 billion in FY2023 (-14.0%), $79.36 billion in FY2022 and $2.08 billion in FY2021 (-9.9%).
- The Q2 2026 figure stands as the highest quarterly Payables since Q4 2023.
- On a year-over-year basis, Payables increased in five of the last eight quarters, with growth averaging 6.1%.
- The strongest year-over-year quarter for Payables in the past five years was Q1 2023, with growth of 67.5%; the weakest was Q4 2024, with a decline of 95.2%.
- According to Business Quant data, Payables for the three prior quarters was $5.12 billion (Q1 2026), $4.46 billion (Q4 2025) and $4.67 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - | 74.49 Bn |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn | 24.82 Bn |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - | 6.61 Bn |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 | 47.18 Bn |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn | 6.76 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 14.54 Bn |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn | 1.10 Bn |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn | 14.12 Bn |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - | 8.79 Bn |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - | 31.54 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 6.61 Bn |
| Jun 30, 2026 | 60.74 Bn |
| Mar 31, 2026 | 5.12 Bn |
| Dec 31, 2025 | 57.77 Bn |
| Sep 30, 2025 | 4.67 Bn |
| Jun 30, 2025 | 58.38 Bn |
| Mar 31, 2025 | 5.49 Bn |
| Dec 31, 2024 | 60.69 Bn |
| Sep 30, 2024 | 3.86 Bn |
| Jun 30, 2024 | 63.94 Bn |
| Mar 31, 2024 | 3.91 Bn |
| Dec 31, 2023 | 68.24 Bn |
| Sep 30, 2023 | 3.92 Bn |
| Jun 30, 2023 | 64.00 Bn |
| Mar 31, 2023 | 4.22 Bn |
| Dec 31, 2022 | 79.36 Bn |
| Sep 30, 2022 | 3.48 Bn |
| Jun 30, 2022 | 75.45 Bn |
| Mar 31, 2022 | 2.52 Bn |
| Dec 31, 2021 | 63.17 Bn |
API Access
Shell Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();