Shell plc (SHEL) Shares Outstanding (2012 - 2026)
Shell's (SHEL) quarterly Shares Outstanding (Entity) came in at $5.7 billion in Q4 2025, down 6.48% on a YoY basis from $6.1 billion in Q4 2024, and down 6.48% quarter-over-quarter from $6.1 billion in Q4 2024.
Analysis
Shell plc (SHEL) Shares Outstanding (2012 - 2026) Analysis & Trends
Shell (SHEL) has reported Shares Outstanding (Entity) for 14 consecutive years, with $5.7 billion the latest figure, recorded in Q4 2025.
- For the quarter ending Q4 2025, Shares Outstanding (Entity) fell 6.48% year-over-year to $5.7 billion; the trailing twelve-month figure through Dec 2025 stood at $5.7 billion (down 6.48% YoY), and the FY2025 full-year result was $5.7 billion, down 6.48% from the prior year.
- Shares Outstanding (Entity) declined to $5.7 billion in Q4 2025 per SHEL's latest filing, from $6.1 billion in the prior quarter.
- Across five years, Shares Outstanding (Entity) topped out at $7.8 billion in Q4 2021 and bottomed at $5.7 billion in Q4 2025.
- Historically, Shares Outstanding (Entity) has averaged $6.6 billion across 5 years, with a median of $6.5 billion in 2023.
- The sharpest annual moves came in 2021 and 2022: Shares Outstanding (Entity) decreased 0.43% in 2021, then fell 10.19% in 2022.
- Over 5 years, Shares Outstanding (Entity) stood at $7.8 billion in 2021, then declined by 10.19% to $7.0 billion in 2022, then retreated by 6.95% to $6.5 billion in 2023, then decreased by 6.2% to $6.1 billion in 2024, then declined by 6.48% to $5.7 billion in 2025.
- According to Business Quant data, Shares Outstanding (Entity) over the past three periods registered $5.7 billion, $6.1 billion, and $6.5 billion for Q4 2025, Q4 2024, and Q4 2023 respectively.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |