Shell SHEL
NYSE SHEL
$90.91 +0.21 (+0.23%)
At close: Aug 28, 2026 · 4:00 PM EDT

Shell (SHEL) Retained Earnings (2009 - 2025)

Shell's (SHEL) quarterly Retained Earnings came in at $153.5 billion in Q4 2025, down 3.34% YoY from $158.8 billion in Q4 2024, and down 3.34% on a QoQ basis from $158.8 billion in Q4 2024.

Analysis

Shell (SHEL) Retained Earnings (2009 - 2025) Analysis & Trends

Shell (SHEL) has 17 years of Retained Earnings data on file, last reported at $153.5 billion in Q4 2025.

  • Quarterly Retained Earnings fell 3.34% year-over-year to $153.5 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $153.5 billion (down 3.34% YoY) and the FY2025 annual result came in at $153.5 billion, down 3.34% from the prior year.
  • Retained Earnings fell to $153.5 billion in Q4 2025, from $158.8 billion in the prior quarter.
  • In the past five years, Retained Earnings ranged from a high of $158.8 billion in Q4 2024 to a low of $37.3 billion in Q4 2021.
  • A 5-year average of $84.9 billion and a median of $37.3 billion in 2021 frame the typical range for Retained Earnings.
  • Annual changes were most pronounced in 2024 — Retained Earnings surged 325.85% — and 2025, when it retreated 3.34%.
  • Tracing SHEL's Retained Earnings over 5 years: stood at $37.3 billion in 2021, then changed by 0.0% to $37.3 billion in 2022, then changed by 0.0% to $37.3 billion in 2023, then surged by 325.85% to $158.8 billion in 2024, then declined by 3.34% to $153.5 billion in 2025.
  • The last three Retained Earnings figures came in at $153.5 billion (Q4 2025), $158.8 billion (Q4 2024), and $37.3 billion (Q4 2023), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Retained Earnings (Qtr)
1 Shell 517.27 Bn 477.40 Bn - -
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 212.60 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn -
4 Eni Spa 166.18 Bn 156.34 Bn - 38.78 Bn
5 Equinor Asa 103.49 Bn 94.23 Bn - -
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn -
7 Imperial Oil 63.17 Bn 61.11 Bn - 17.11 Bn
8 Cenovus Energy 59.48 Bn 57.00 Bn - -
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - 420.86 Bn
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn -211.00 Mn
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2025 100.80 Bn
Dec 31, 2024 103.87 Bn
Dec 31, 2023 108.01 Bn
Dec 31, 2022 111.35 Bn
Dec 31, 2021 111.48 Bn
Dec 31, 2020 104.24 Bn
Dec 31, 2019 172.43 Bn
Dec 31, 2018 182.61 Bn
Dec 31, 2017 177.65 Bn
Dec 31, 2016 175.57 Bn
Dec 31, 2015 180.10 Bn
Dec 31, 2014 186.98 Bn
Dec 31, 2013 170.22 Bn
Dec 31, 2012 187.15 Bn
Dec 31, 2011 164.70 Bn
Dec 31, 2010 138.44 Bn
Dec 31, 2009 116.01 Bn