Shell (SHEL) Tax Rate (2009 - 2026)
Shell (SHEL) posted Tax Rate of 24.98% for Q1 2026, up 357.15% quarter-over-quarter from 5.47% in Q4 2025, and up 575.0% year-on-year from 3.7% in Q1 2025.
Shell (SHEL) Tax Rate (2009 - 2026) Analysis & Trends
Shell (SHEL) has reported Tax Rate for 18 consecutive years, with 24.98% the latest figure, recorded in Q1 2026.
- Tax Rate for Q1 2026 came in at 24.98%, up 575.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.16% (down 2406.0% YoY), and the FY2025 annual result was 39.11%, down 568.0% from the prior year.
- Tax Rate was 24.98% for Q1 2026 at Shell, up from 5.47% in the prior quarter.
- Over five years, Tax Rate peaked at 2330.69% in Q4 2022 and troughed at 114.79% in Q4 2024.
- Average Tax Rate over 5 years is 181.86%, with a median of 24.98% recorded in 2026.
- Year-over-year, Tax Rate jumped 232605 bps in 2022 and slumped 216604 bps in 2023.
- Over 5 years, Tax Rate stood at 2330.69% in 2022, then tumbled by 93 bps to 164.65% in 2023, then sank by 170 bps to 114.79% in 2024, then jumped by 105 bps to 5.47% in 2025, then surged by 357 bps to 24.98% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 24.98% in Q1 2026, 5.47% in Q4 2025, and 471.56% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | 35.81% |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 33.32% |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 42.81% |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | -11.54% |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 43.59% |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | -68.13% |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 25.04% |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 48.74% |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | -0.14% |
| 10 | Shell | - | - | - | -8.80% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -8.80% |
| Mar 31, 2026 | -8.80% |
| Dec 31, 2025 | 18.24% |
| Dec 31, 2025 | 18.24% |
| Sep 30, 2025 | -58.80% |
| Sep 30, 2025 | -58.80% |
| Jun 30, 2025 | -577.82% |
| Jun 30, 2025 | -577.82% |
| Mar 31, 2025 | 19.23% |
| Mar 31, 2025 | 19.23% |
| Dec 31, 2024 | 160.47% |
| Dec 31, 2024 | 160.47% |
| Sep 30, 2024 | 40.44% |
| Sep 30, 2024 | 40.44% |
| Jun 30, 2024 | 50.70% |
| Jun 30, 2024 | 50.70% |
| Mar 31, 2024 | -17.87% |
| Mar 31, 2024 | -17.87% |
| Dec 31, 2023 | -16.09% |
| Dec 31, 2023 | -16.09% |