Shell (SHEL) Property, Plant & Equipment (Net) (2009 - 2026)
Shell's Property, Plant & Equipment (Net) was $203.37 billion in Q3 2026, up 10.6% from $183.91 billion a year earlier and up 11.6% from the prior quarter.
Shell (SHEL) Property, Plant & Equipment (Net) (2009 - 2026) Analysis & Trends
At the end of FY2025, Property, Plant & Equipment (Net) at Shell came in at $185.08 billion, down 0.1% from FY2024.
- Property, Plant & Equipment (Net) has now declined for three consecutive years, with a five-year compound annual growth rate of -2.5% (FY2020 to FY2025).
- In earlier years, Property, Plant & Equipment (Net) was $185.22 billion in FY2024 (-4.9%), $194.84 billion in FY2023 (-1.9%), $198.64 billion in FY2022 (+1.9%) and $194.93 billion in FY2021 (-7.0%).
- The Q3 2026 figure marks the highest quarterly Property, Plant & Equipment (Net) since Q2 2021.
- Compared with a year earlier, Property, Plant & Equipment (Net) was higher in two of the last eight quarters, with an average decline of 0.7%.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q3 2026 (growth of 10.6%); the worst was Q1 2022 (a decline of 99.9%).
- Per Business Quant data, SHEL's Property, Plant & Equipment (Net) in the three quarters before Q3 2026 was $182.3 billion (Q2 2026), $185.71 billion (Q1 2026) and $185.08 billion (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 686.62 Bn | 644.76 Bn | - | 296.96 Bn |
| 2 | Chevron | 416.14 Bn | 383.18 Bn | 31.26 Bn | 211.70 Bn |
| 3 | Shell | 291.71 Bn | 151.98 Bn | - | 203.37 Bn |
| 4 | TotalEnergies SE | 192.78 Bn | 63.86 Bn | 31,614.00 | 115.02 Bn |
| 5 | Eni Spa | 167.56 Bn | 107.19 Bn | - | 56.70 Bn |
| 6 | Conocophillips | 165.53 Bn | 138.24 Bn | 12.81 Bn | 91.25 Bn |
| 7 | Equinor Asa | 108.87 Bn | 21.72 Bn | 4.49 Bn | 63.72 Bn |
| 8 | Canadian Natural Resources | 101.39 Bn | 95.29 Bn | 9.35 Bn | 55.45 Bn |
| 9 | Phillips 66 | 97.45 Bn | 81.24 Bn | 10.69 Bn | 39.73 Bn |
| 10 | Suncor Energy | 83.77 Bn | 64.46 Bn | - | 63.75 Bn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 203.37 Bn |
| Jun 30, 2026 | 182.30 Bn |
| Mar 31, 2026 | 185.71 Bn |
| Dec 31, 2025 | 185.08 Bn |
| Sep 30, 2025 | 183.91 Bn |
| Jun 30, 2025 | 186.46 Bn |
| Mar 31, 2025 | 183.71 Bn |
| Dec 31, 2024 | 185.22 Bn |
| Sep 30, 2024 | 191.72 Bn |
| Jun 30, 2024 | 189.66 Bn |
| Mar 31, 2024 | 191.95 Bn |
| Dec 31, 2023 | 194.84 Bn |
| Sep 30, 2023 | 197.04 Bn |
| Jun 30, 2023 | 197.18 Bn |
| Mar 31, 2023 | 199.21 Bn |
| Dec 31, 2022 | 198.64 Bn |
| Sep 30, 2022 | 193.68 Bn |
| Jun 30, 2022 | 200.12 Bn |
| Mar 31, 2022 | 129.00 Mn |
| Dec 31, 2021 | 194.93 Bn |
Shell Property, Plant & Equipment (Net) 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=property-plant-and-equipment-net&ticker=SHEL&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "property-plant-and-equipment-net", "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=property-plant-and-equipment-net&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();