Shell (SHEL) Total Debt (2009 - 2025)
Shell (SHEL) posted Total Debt of $75.6 billion for Q1 2026, little changed quarter-over-quarter from $75.6 billion in Q4 2025, and down 1.13% year-on-year from $76.5 billion in Q1 2025.
Shell (SHEL) Total Debt (2009 - 2025) Analysis & Trends
Shell (SHEL) has reported Total Debt for 18 consecutive years, with $75.6 billion the latest figure, recorded in Q1 2026.
- Total Debt for Q1 2026 came in at $75.6 billion, down 1.13% year-over-year; the trailing twelve-month figure through Mar 2026 was $75.6 billion (down 1.13% YoY), and the FY2025 annual result was $75.6 billion, down 1.86% from the prior year.
- Total Debt was $75.6 billion for Q1 2026 at Shell, roughly flat from $75.6 billion in the prior quarter.
- Over five years, Total Debt peaked at $86.0 billion in Q1 2022 and troughed at $74.0 billion in Q3 2025.
- Average Total Debt over 5 years is $79.7 billion, with a median of $79.9 billion recorded in 2024.
- Year-over-year, Total Debt slipped 16.32% in 2022 and advanced 0.75% in 2023.
- Over 5 years, Total Debt stood at $83.8 billion in 2022, then fell by 2.69% to $81.5 billion in 2023, then fell by 5.47% to $77.1 billion in 2024, then fell by 1.86% to $75.6 billion in 2025, then rose by 0.0% to $75.6 billion in 2026.
- Per Business Quant data, the three most recent Total Debt figures were $75.6 billion in Q1 2026, $75.6 billion in Q4 2025, and $74.0 billion in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 95.45 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 59.82 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 64,008.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 5.83 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | 22.16 Bn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 2.38 Bn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | 2.89 Bn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | - |
| 10 | Shell | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 75.64 Bn |
| Dec 31, 2024 | 77.08 Bn |
| Sep 30, 2024 | 76.61 Bn |
| Dec 31, 2023 | 81.54 Bn |
| Mar 31, 2023 | 85.14 Bn |
| Dec 31, 2022 | 83.80 Bn |
| Jun 30, 2022 | 83.74 Bn |
| Dec 31, 2021 | 89.09 Bn |
| Sep 30, 2021 | 95.39 Bn |
| Jun 30, 2021 | 100.08 Bn |
| Mar 31, 2021 | 102.37 Bn |
| Dec 31, 2020 | 108.01 Bn |
| Jun 30, 2020 | 104.99 Bn |
| Dec 31, 2019 | 96.42 Bn |
| Dec 31, 2018 | 76.82 Bn |
| Sep 30, 2018 | 78.38 Bn |
| Dec 31, 2017 | 85.67 Bn |
| Jun 30, 2017 | 90.35 Bn |
| Dec 31, 2016 | 92.48 Bn |
| Dec 31, 2015 | 58.38 Bn |