Shell plc (SHEL) Total Debt (2009 - 2026)
Shell's (SHEL) quarterly Total Debt came in at $68.5 billion in Q2 2026, down 15.38% on a YoY basis from $80.9 billion in Q2 2025, and down 13.99% quarter-over-quarter from $79.6 billion in Q1 2026.
Analysis
Shell plc (SHEL) Total Debt (2009 - 2026) Analysis & Trends
Shell (SHEL) has reported Total Debt for 18 consecutive years, with $68.5 billion the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Total Debt fell 15.38% year-over-year to $68.5 billion; the trailing twelve-month figure through Jun 2026 stood at $68.5 billion (down 15.38% YoY), and the FY2025 full-year result was $72.4 billion, up 3.55% from the prior year.
- Total Debt declined to $68.5 billion in Q2 2026 per SHEL's latest filing, from $79.6 billion in the prior quarter.
- Across five years, Total Debt topped out at $97.2 billion in Q1 2023 and bottomed at $68.5 billion in Q2 2026.
- Historically, Total Debt has averaged $86.4 billion across 5 years, with a median of $88.5 billion in 2023.
- The sharpest annual moves came in 2022 and 2025: Total Debt fell 20.22% in 2022, then grew 3.55% in 2025.
- Over 5 years, Total Debt stood at $86.7 billion in 2022, then dropped by 1.3% to $85.6 billion in 2023, then declined by 18.3% to $69.9 billion in 2024, then gained by 3.55% to $72.4 billion in 2025, then declined by 5.43% to $68.5 billion in 2026.
- According to Business Quant data, Total Debt over the past three periods registered $68.5 billion, $79.6 billion, and $72.4 billion for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 68.47 Bn |
| Mar 31, 2026 | 79.61 Bn |
| Dec 31, 2025 | 72.40 Bn |
| Sep 30, 2025 | 89.66 Bn |
| Jun 30, 2025 | 80.91 Bn |
| Mar 31, 2025 | 93.01 Bn |
| Dec 31, 2024 | 69.92 Bn |
| Sep 30, 2024 | 92.80 Bn |
| Jun 30, 2024 | 79.09 Bn |
| Mar 31, 2024 | 94.69 Bn |
| Dec 31, 2023 | 85.58 Bn |
| Sep 30, 2023 | 95.49 Bn |
| Jun 30, 2023 | 87.40 Bn |
| Mar 31, 2023 | 97.18 Bn |
| Dec 31, 2022 | 86.71 Bn |
| Sep 30, 2022 | 92.50 Bn |
| Jun 30, 2022 | 93.21 Bn |
| Mar 31, 2022 | 96.30 Bn |
| Dec 31, 2021 | 84.21 Bn |
| Sep 30, 2021 | 109.22 Bn |