Shell (SHEL) Pension (2009 - 2026)
Shell's Pension was $5.31 billion in Q2 2026, down 51.7% from $10.98 billion a year earlier but up 2.2% from the prior quarter.
Powered by 
Analysis
Shell (SHEL) Pension (2009 - 2026) Analysis & Trends
At the end of FY2025, Pension at Shell came in at $5.05 billion, down 49.5% from FY2024.
- Pension shows a five-year compound annual growth rate of 15.3% (FY2020 to FY2025).
- In earlier years, Pension was $10 billion in FY2024 (+32.5%), $7.55 billion in FY2023 (+3.5%), $7.3 billion in FY2022 (-13.9%) and $8.47 billion in FY2021 (+242.4%).
- Quarterly Pension has moved between -$37 million (Q4 2023) and $10.98 billion (Q2 2025) over five years.
- Compared with a year earlier, Pension has declined for four straight quarters, with an average decline of 22.9% over the last seven quarters.
- The best year-over-year quarter for Pension over five years was Q1 2022 (growth of 63.4%); the worst was Q4 2021 (a decline of 97.2%).
- Per Business Quant data, SHEL's Pension in the three quarters before Q2 2026 was $5.19 billion (Q1 2026), $5.05 billion (Q4 2025) and $5.53 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 778.24 Bn | 734.72 Bn | - |
| 2 | Chevron | 463.12 Bn | 435.23 Bn | 33.45 Bn |
| 3 | Shell | 320.05 Bn | 180.31 Bn | - |
| 4 | TotalEnergies SE | 208.53 Bn | 79.61 Bn | 31,614.00 |
| 5 | Conocophillips | 185.85 Bn | 158.56 Bn | 12.81 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - |
| 7 | Canadian Natural Resources | 116.99 Bn | 113.99 Bn | 8.84 Bn |
| 8 | Phillips 66 | 111.27 Bn | 95.06 Bn | 10.69 Bn |
| 9 | Suncor Energy | 96.22 Bn | 81.97 Bn | - |
| 10 | Eni Spa | 91.72 Bn | 31.35 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.74 Bn |
| Jun 30, 2026 | 6.64 Bn |
| Mar 31, 2026 | 5.19 Bn |
| Dec 31, 2025 | 7.14 Bn |
| Sep 30, 2025 | 5.53 Bn |
| Jun 30, 2025 | 6.98 Bn |
| Mar 31, 2025 | 10.27 Bn |
| Dec 31, 2024 | 6.75 Bn |
| Sep 30, 2024 | 10.56 Bn |
| Jun 30, 2024 | 6.70 Bn |
| Mar 31, 2024 | 9.15 Bn |
| Dec 31, 2023 | 7.55 Bn |
| Sep 30, 2023 | 9.65 Bn |
| Jun 30, 2023 | 7.49 Bn |
| Mar 31, 2023 | 10.33 Bn |
| Dec 31, 2022 | 7.30 Bn |
| Sep 30, 2022 | 13.31 Bn |
| Jun 30, 2022 | 8.69 Bn |
| Mar 31, 2022 | 9.55 Bn |
| Dec 31, 2021 | 11.33 Bn |
API Access
Shell Pension 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=pension&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "pension", "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=pension&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();