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

Shell (SHEL) Total Debt (2009 - 2026)

Shell's (SHEL) quarterly Total Debt came in at $85.7 billion in Q1 2026, down 2.5% YoY from $87.9 billion in Q1 2025, and up 1.1% on a QoQ basis from $84.8 billion in Q4 2025.

Analysis

Shell (SHEL) Total Debt (2009 - 2026) Analysis & Trends

Shell (SHEL) has 15 years of Total Debt data on file, last reported at $85.7 billion in Q1 2026.

  • Quarterly Total Debt fell 2.5% year-over-year to $85.7 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $85.7 billion (down 2.5% YoY) and the FY2025 annual result came in at $84.8 billion, up 9.98% from the prior year.
  • Total Debt grew to $85.7 billion in Q1 2026, from $84.8 billion in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $94.2 billion in Q1 2023 to a low of $75.5 billion in Q2 2024.
  • A 5-year average of $86.5 billion and a median of $86.1 billion in 2025 frame the typical range for Total Debt.
  • Annual changes were most pronounced in 2022 — Total Debt decreased 20.39% — and 2025, when it increased 14.13%.
  • Tracing SHEL's Total Debt over 5 years: stood at $83.8 billion in 2022, then slipped by 2.69% to $81.5 billion in 2023, then slipped by 5.47% to $77.1 billion in 2024, then gained by 9.98% to $84.8 billion in 2025, then climbed by 1.1% to $85.7 billion in 2026.
  • The last three Total Debt figures came in at $85.7 billion (Q1 2026), $84.8 billion (Q4 2025), and $84.0 billion (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Shell 517.27 Bn 477.40 Bn - 73.08 Bn
2 Chevron 398.83 Bn 395.97 Bn 33.45 Bn 25.00 Bn
3 TotalEnergies SE 190.54 Bn 161.37 Bn 23.46 Bn 62.71 Bn
4 Eni Spa 166.18 Bn 156.34 Bn - 30.47 Bn
5 Equinor Asa 103.49 Bn 94.23 Bn - 24.43 Bn
6 Suncor Energy 78.09 Bn 74.21 Bn -8.45 Bn 7.12 Bn
7 Imperial Oil 63.17 Bn 61.11 Bn - 2.88 Bn
8 Cenovus Energy 59.48 Bn 57.00 Bn - 6.19 Bn
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 8.52 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 73.08 Bn
Mar 31, 2026 75.65 Bn
Sep 30, 2025 84.00 Bn
Jun 30, 2025 75.68 Bn
Mar 31, 2025 87.90 Bn
Sep 30, 2024 88.63 Bn
Jun 30, 2024 75.47 Bn
Mar 31, 2024 90.98 Bn
Dec 31, 2023 81.54 Bn
Sep 30, 2023 82.15 Bn
Jun 30, 2023 84.37 Bn
Mar 31, 2023 85.14 Bn
Sep 30, 2022 81.99 Bn
Jun 30, 2022 83.74 Bn
Mar 31, 2022 86.05 Bn
Sep 30, 2021 95.39 Bn
Jun 30, 2021 100.08 Bn
Mar 31, 2021 102.37 Bn
Sep 30, 2020 109.06 Bn
Jun 30, 2020 104.99 Bn