Shell (SHEL) Tax Provisions (2015 - 2025)

Shell (SHEL) reported Tax Provisions of $2.3 billion for Q2 2025, down 37.88% on a YoY basis from $3.8 billion in Q2 2024, and down 42.89% quarter-over-quarter from $4.1 billion in Q1 2025.

Shell (SHEL) Tax Provisions (2015 - 2025) Analysis & Trends

Shell has reported Tax Provisions for 11 years, with the latest figure at $2.3 billion in Q2 2025.

  • For the quarter ending Q2 2025, Tax Provisions fell 37.88% year-over-year to $2.3 billion; the trailing twelve-month figure through Jun 2025 stood at $13.8 billion (down 9.0% YoY), and the FY2025 full-year result was $11.6 billion, down 13.16% from the prior year.
  • Tax Provisions for Q2 2025 stood at $2.3 billion, down from $4.1 billion in the prior quarter.
  • The five-year high for Tax Provisions was $22.3 billion in Q4 2022, with the low at -$11.7 billion in Q3 2022.
  • Historically, Tax Provisions has averaged $3.9 billion across 5 years, with a median of $3.5 billion in 2022.
  • Annual changes were most pronounced in 2022 — Tax Provisions surged 1287.39% — and 2023, when it sank 72.29%.
  • Shell's Tax Provisions stood at $571.0 million in 2021, then jumped by 3806.65% to $22.3 billion in 2022, then plunged by 90.16% to $2.2 billion in 2023, then soared by 71.03% to $3.8 billion in 2024, then plunged by 37.88% to $2.3 billion in 2025.
  • The last three Tax Provisions figures came in at $2.3 billion (Q2 2025), $4.1 billion (Q1 2025), and $3.8 billion (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Petrobras - Petroleo Brasileiro 1,901.04 Bn 1,894.28 Bn 11.34 Bn -
2 Exxon Mobil 629.96 Bn 628.14 Bn - 2.50 Bn
3 TotalEnergies SE 621.59 Bn 621.59 Bn 26,816.00 -4,647.00
4 Shell 546.31 Bn 505.07 Bn - -
5 Chevron 370.90 Bn 376.56 Bn 20.34 Bn 1.70 Bn
6 Cenovus Energy 354.37 Bn 352.41 Bn 6.46 Bn 374.81 Mn
7 Eni Spa 252.26 Bn 242.70 Bn - -
8 Bp 196.12 Bn 159.56 Bn - 3.15 Bn
9 Suncor Energy 57.67 Bn 55.06 Bn 7.44 Bn -
10 Imperial Oil 42.92 Bn 42.17 Bn - 212.93 Mn

Historic Data

Download Data
DateValue
Jun 30, 2025 2.33 Bn
Mar 31, 2025 4.08 Bn
Jun 30, 2024 3.75 Bn
Mar 31, 2024 3.60 Bn
Jun 30, 2023 2.20 Bn
Mar 31, 2023 5.58 Bn
Dec 31, 2022 22.31 Bn
Sep 30, 2022 -11.75 Bn
Jun 30, 2022 7.92 Bn
Mar 31, 2022 3.46 Bn
Jun 30, 2021 571.00 Mn
Mar 31, 2021 2.45 Bn
Jun 30, 2020 -5.81 Bn
Mar 31, 2020 646.00 Mn
Dec 31, 2019 5.00 Bn
Sep 30, 2019 2.35 Bn
Jun 30, 2019 1.76 Bn
Mar 31, 2019 3.25 Bn
Dec 31, 2018 2.26 Bn
Sep 30, 2018 3.70 Bn