Shell (SHEL) Tax Rate (2009 - 2026)
Shell's (SHEL) quarterly Tax Rate came in at 31.41% in Q2 2026, down 762.0% YoY from 4.75% in Q2 2025, and down 17.92% on a QoQ basis from 38.27% in Q1 2026.
Shell (SHEL) Tax Rate (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of Tax Rate data on file, last reported at 31.41% in Q2 2026.
- Quarterly Tax Rate fell 762.0% year-over-year to 31.41% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 31.15% (up 1571.0% YoY) and the FY2025 annual result came in at 39.11%, down 568.0% from the prior year.
- Tax Rate retreated to 31.41% in Q2 2026, from 38.27% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 50.7% in Q2 2024 to a low of 3.79% in Q3 2022.
- A 5-year average of 19.56% and a median of 18.31% in 2022 frame the typical range for Tax Rate.
- Annual changes were most pronounced in 2022 — Tax Rate tumbled 1569 bps — and 2024, when it soared 3382 bps.
- Tracing SHEL's Tax Rate over 5 years: stood at 3.19% in 2022, then tumbled by 142 bps to 1.36% in 2023, then jumped by 109 bps to 0.12% in 2024, then jumped by 31203 bps to 39.03% in 2025, then fell by 20 bps to 31.41% in 2026.
- The last three Tax Rate figures came in at 31.41% (Q2 2026), 38.27% (Q1 2026), and 39.03% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | -33.32% |
| 2 | ExxonMobil Holdings | 651.52 Bn | 649.70 Bn | - | 35.81% |
| 3 | Chevron | 382.50 Bn | 382.83 Bn | 20.34 Bn | 43.08% |
| 4 | Eni Spa | 205.81 Bn | 195.97 Bn | - | -96.99% |
| 5 | Shell | 102.19 Bn | 62.32 Bn | 30.13 Bn | 31.41% |
| 6 | Equinor Asa | 98.30 Bn | 89.04 Bn | - | -62.89% |
| 7 | Suncor Energy | 78.77 Bn | 76.39 Bn | 6.68 Bn | -27.49% |
| 8 | Imperial Oil | 61.22 Bn | 60.47 Bn | - | 23.70% |
| 9 | TotalEnergies SE | 25.61 Bn | -6.11 Bn | 18.79 Bn | 56.49% |
| 10 | Ypf Sociedad Anonima | 20.09 Bn | 18.40 Bn | 1.76 Bn | -37.27% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 31.41% |
| Jun 30, 2026 | 31.41% |
| Jun 30, 2026 | 31.41% |
| Mar 31, 2026 | 38.27% |
| Mar 31, 2026 | 38.27% |
| Mar 31, 2026 | 38.27% |
| Jun 30, 2025 | 39.03% |
| Jun 30, 2025 | 39.03% |
| Jun 30, 2025 | 39.03% |
| Mar 31, 2025 | 45.57% |
| Mar 31, 2025 | 45.57% |
| Mar 31, 2025 | 45.57% |
| Dec 31, 2024 | 0.12% |
| Dec 31, 2024 | 0.12% |
| Dec 31, 2024 | 0.12% |
| Sep 30, 2024 | -2.23% |
| Sep 30, 2024 | -2.23% |
| Sep 30, 2024 | -2.23% |
| Jun 30, 2024 | 50.70% |
| Jun 30, 2024 | 50.70% |