Shell (SHEL) Shares Outstanding (2009 - 2026)
Shell's (SHEL) quarterly Shares Outstanding (Entity) came in at $1.1 billion in Q4 2025, up 18.74% YoY from $944.9 million in Q4 2024, and up 25.77% on a QoQ basis from $892.2 million in Q2 2025.
Shell (SHEL) Shares Outstanding (2009 - 2026) Analysis & Trends
Shell (SHEL) has 13 years of Shares Outstanding (Entity) data on file, last reported at $1.1 billion in Q4 2025.
- Quarterly Shares Outstanding (Entity) rose 18.74% year-over-year to $1.1 billion in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $1.1 billion (up 18.74% YoY) and the FY2025 annual result came in at $1.1 billion, up 18.74% from the prior year.
- Shares Outstanding (Entity) improved to $1.1 billion in Q4 2025, from $892.2 million in the prior quarter.
- In the past five years, Shares Outstanding (Entity) ranged from a high of $1.2 billion in Q4 2022 to a low of $488.0 in Q1 2021.
- A 5-year average of $983.7 million and a median of $1.1 billion in 2025 frame the typical range for Shares Outstanding (Entity).
- Annual changes were most pronounced in 2024 — Shares Outstanding (Entity) fell 20.48% — and 2025, when it grew 18.74%.
- Tracing SHEL's Shares Outstanding (Entity) over 5 years: stood at $488.0 in 2021, then surged by 250939107.58% to $1.2 billion in 2022, then fell by 2.97% to $1.2 billion in 2023, then slipped by 20.48% to $944.9 million in 2024, then rose by 18.74% to $1.1 billion in 2025.
- The last three Shares Outstanding (Entity) figures came in at $1.1 billion (Q4 2025), $892.2 million (Q2 2025), and $905.0 million (Q1 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 11,330.00 Bn |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 4.20 Bn |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 1.98 Bn |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | 2.95 Bn |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 5.89 Bn |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | 2.46 Bn |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | 1.22 Bn |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 483.60 Mn |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 2.19 Bn |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | 391.95 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 5.89 Bn |
| Mar 31, 2026 | 5.89 Bn |
| Dec 31, 2025 | 5.89 Bn |
| Sep 30, 2025 | 5.95 Bn |
| Jun 30, 2025 | 5.95 Bn |
| Mar 31, 2025 | 6.03 Bn |
| Dec 31, 2024 | 6.30 Bn |
| Sep 30, 2024 | 6.36 Bn |
| Jun 30, 2024 | 6.36 Bn |
| Mar 31, 2024 | 6.44 Bn |
| Dec 31, 2023 | 6.73 Bn |
| Sep 30, 2023 | 6.79 Bn |
| Jun 30, 2023 | 6.79 Bn |
| Mar 31, 2023 | 6.92 Bn |
| Dec 31, 2022 | 7.35 Bn |
| Sep 30, 2022 | 7.45 Bn |
| Jun 30, 2022 | 7.45 Bn |
| Mar 31, 2022 | 7.60 Bn |
| Dec 31, 2021 | 7.76 Bn |
| Sep 30, 2021 | 7.79 Bn |