Shell (SHEL) Property, Plant & Equipment (Net) (2009 - 2026)
Shell's Property, Plant & Equipment (Net) was $182.3 billion in Q2 2026, down 2.2% from $186.46 billion a year earlier and down 1.8% from the prior quarter.
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Analysis
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 Q2 2026 figure marks the lowest quarterly Property, Plant & Equipment (Net) since Q4 2018.
- Compared with a year earlier, Property, Plant & Equipment (Net) was higher in 1 of the last eight quarters, with an average decline of 2.4%.
- The best year-over-year quarter for Property, Plant & Equipment (Net) over five years was Q1 2023 (growth of 3.1%); the worst was Q3 2021 (a decline of 7.4%).
- Per Business Quant data, SHEL's Property, Plant & Equipment (Net) in the three quarters before Q2 2026 was $185.71 billion (Q1 2026), $185.08 billion (Q4 2025) and $183.91 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | PP&E (Net) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 296.30 Bn |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | 182.30 Bn |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 215.94 Bn |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 117.89 Bn |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 57.15 Bn |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 91.25 Bn |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 39.65 Bn |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 62.95 Bn |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 56.93 Bn |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 68.40 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 | 193.30 Bn |
| Dec 31, 2021 | 194.93 Bn |
| Sep 30, 2021 | 196.26 Bn |
API Access
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_KEYimport 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();