Shell SHEL
NYSE SHEL
$90.91 +0.21 (+0.23%)
At close: Aug 28, 2026 · 4:00 PM EDT

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.

Analysis

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 Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 31.41%
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 26.95%
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 14.08%
4 Eni Spa 166.18 Bn 156.34 Bn - -32.93%
5 Equinor Asa 103.49 Bn 94.23 Bn - -62.89%
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 26.47%
7 Imperial Oil 63.17 Bn 61.11 Bn - 23.43%
8 Cenovus Energy 59.48 Bn 57.00 Bn - 27.19%
9 Gas Transporter Of The South 21.19 Bn -3,019.86 Bn - -
10 Ypf Sociedad Anonima 19.74 Bn 17.54 Bn 2.97 Bn -32.98%
Historic Data

Historic Data

Download Data
DateValue
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