Shell plc (SHEL) Tax Rate (2009 - 2026)
Shell's (SHEL) quarterly Tax Rate came in at 31.41% in Q2 2026, down 762.0% on a YoY basis from 4.75% in Q2 2025, and down 17.92% quarter-over-quarter from 38.27% in Q1 2026.
Analysis
Shell plc (SHEL) Tax Rate (2009 - 2026) Analysis & Trends
Shell (SHEL) has reported Tax Rate for 18 consecutive years, with 31.41% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 762.0% year-over-year to 31.41%; the trailing twelve-month figure through Jun 2026 stood at 31.15% (up 1571.0% YoY), and the FY2025 full-year result was 39.11%, down 568.0% from the prior year.
- Tax Rate declined to 31.41% in Q2 2026 per SHEL's latest filing, from 38.27% in the prior quarter.
- Across five years, Tax Rate topped out at 50.7% in Q2 2024 and bottomed at 2.23% in Q3 2024.
- Historically, Tax Rate has averaged 25.28% across 5 years, with a median of 32.08% in 2022.
- The widest YoY moves for Tax Rate: up 1698 bps in 2022, down 1266 bps in 2022.
- Over 5 years, Tax Rate stood at 0.76% in 2022, then plunged by 76 bps to 1.33% in 2023, then surged by 109 bps to 0.12% in 2024, then soared by 31203 bps to 39.03% in 2025, then decreased by 20 bps to 31.41% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 31.41%, 38.27%, and 39.03% for Q2 2026, Q1 2026, and Q2 2025 respectively.
Peer Set
Peer Comparison
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 31.41% |
| Mar 31, 2026 | 38.27% |
| Jun 30, 2025 | 39.03% |
| Mar 31, 2025 | 45.57% |
| Dec 31, 2024 | 0.12% |
| Sep 30, 2024 | -2.23% |
| Jun 30, 2024 | 50.70% |
| Mar 31, 2024 | 32.63% |
| Dec 31, 2023 | -1.33% |
| Sep 30, 2023 | 2.90% |
| Jun 30, 2023 | 41.04% |
| Mar 31, 2023 | 38.89% |
| Sep 30, 2022 | -0.76% |
| Jun 30, 2022 | 30.81% |
| Mar 31, 2022 | 32.08% |
| Dec 31, 2021 | 0.86% |
| Sep 30, 2021 | 11.90% |
| Jun 30, 2021 | 13.83% |
| Mar 31, 2021 | 29.78% |
| Dec 31, 2020 | -0.49% |