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

Shell (SHEL) Shares Outstanding (2012 - 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.

Analysis

Shell (SHEL) Shares Outstanding (2012 - 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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Shares Outstanding (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 5.89 Bn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 1.97 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 2.19 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - 3.02 Bn
5 Equinor Asa 103.49 Bn 94.23 Bn - 2.59 Bn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 1.22 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn - 483.60 Mn
8 Cenovus Energy 59.48 Bn 57.00 Bn - 1.81 Bn
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - 752.76 Mn
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn 391.95 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 5.89 Bn
Mar 31, 2026 5.89 Bn
Dec 31, 2025 5.89 Bn
Sep 30, 2025 6.30 Bn
Jun 30, 2025 6.30 Bn
Mar 31, 2025 6.30 Bn
Dec 31, 2024 6.30 Bn
Sep 30, 2024 6.73 Bn
Jun 30, 2024 6.73 Bn
Mar 31, 2024 6.73 Bn
Dec 31, 2023 6.73 Bn
Sep 30, 2023 7.35 Bn
Jun 30, 2023 7.35 Bn
Mar 31, 2023 7.35 Bn
Dec 31, 2022 7.35 Bn
Sep 30, 2022 7.76 Bn
Jun 30, 2022 7.76 Bn
Mar 31, 2022 7.76 Bn
Dec 31, 2021 7.76 Bn
Sep 30, 2021 7.80 Bn