Shell (SHEL) Shares Outstanding (Entity) (2010 - 2025)
Shell (SHEL) posted Shares Outstanding (Entity) of 5.69 billion for Q4 2025, down 6.5% from 6.08 billion a year earlier.
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Analysis
Shell (SHEL) Shares Outstanding (Entity) (2010 - 2025) Analysis & Trends
Since Q4 2009, Shell has reported Shares Outstanding (Entity) for 16 quarters.
- Annual Shares Outstanding (Entity) has declined for six consecutive years, with a five-year compound annual growth rate of -6.1% (FY2020 to FY2025).
- In prior years, Shell's Shares Outstanding (Entity) was 6.08 billion in FY2024 (-6.2%), 6.49 billion in FY2023 (-6.9%), 6.97 billion in FY2022 (-10.2%) and 7.76 billion in FY2021 (-0.4%).
- The Q4 2025 figure stands as the lowest quarterly Shares Outstanding (Entity) in data going back to Q4 2009.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Shares Outstanding (Entity.) (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | 4.11 Bn |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | 1.98 Bn |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | - |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | - |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 1.20 Bn |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | - |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | - |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 390.07 Mn |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | - |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 2.84 Bn |
| Dec 31, 2024 | 3.04 Bn |
| Dec 31, 2023 | 3.24 Bn |
| Dec 31, 2022 | 3.49 Bn |
| Dec 31, 2021 | 3.88 Bn |
| Dec 31, 2020 | 3.90 Bn |
| Dec 31, 2019 | 6.33 Bn |
| Dec 31, 2018 | 6.33 Bn |
| Dec 31, 2017 | 6.03 Bn |
| Dec 31, 2016 | 6.03 Bn |
| Dec 31, 2015 | 3.16 Bn |
| Dec 31, 2014 | 3.16 Bn |
| Dec 31, 2013 | 3.15 Bn |
| Dec 31, 2012 | 3.13 Bn |
| Dec 31, 2010 | 3.07 Bn |
API Access
Shell Shares Outstanding (Entity) 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=shares-outstanding-entity&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "shares-outstanding-entity", "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=shares-outstanding-entity&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();