What is the current annual debt to equity of SHEL?

As of today, SHEL annual debt to equity is 0.43

What is 1-year change in SHEL annual debt to equity?

SHEL annual debt to equity has remained unchanged year-over-year

What is 3-year change in SHEL annual debt to equity?

SHEL annual debt to equity is down -2.27% over the past 3 years

How far is SHEL annual debt to equity from its all-time high?

SHEL annual debt to equity is currently -38.57% below its historical high of 0.70 set on December 31, 2020

How does SHEL annual debt to equity rank versus sector peers?

SHEL annual debt to equity is higher than 45.67% of companies in Energy sector

When is SHEL next annual earnings release?

As of today, the next annual earnings release for SHEL has not been scheduled

What is the current quarterly debt to equity of SHEL?

As of today, SHEL quarterly debt to equity is 0.40

What is SHEL quarterly debt to equity most recent change?

SHEL quarterly debt to equity was down -9.09% on June 30, 2026

What is 1-year change in SHEL quarterly debt to equity?

SHEL quarterly debt to equity is down -4.76% year-over-year

How far is SHEL quarterly debt to equity from its all-time high?

SHEL quarterly debt to equity is currently -42.86% below its historical high of 0.70 set on December 31, 2020

How does SHEL quarterly debt to equity rank versus sector peers?

SHEL quarterly debt to equity is higher than 40.87% of companies in Energy sector

When is SHEL next earnings release?

The next earnings release for SHEL is on October 29, 2026

Shell Plc (SHEL) Debt To Equity Ratio History & Chart

Annual Debt To Equity

0.430.000.00%

December 31, 2025

Summary

Current Value: As of today, SHEL annual debt to equity is 0.43, unchanged on December 31, 2025
Historical Performance: SHEL annual debt to equity is down -2.27% over the past 3 years, down -38.57% over the past 5 years
All-Time High Comparison: SHEL annual debt to equity is currently -38.57% below its historical high of 0.70 set on December 31, 2020
3-Year Low Comparison: SHEL annual debt to equity is at its 3-year low
Sector Comparison: SHEL annual debt to equity is higher than 45.67% of companies in Energy sector

Debt To Equity Chart

Performance

SHEL Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Debt To Equity	Dec 31, 25	0.43	0.0%	-2.3%	-38.6%	+43.3%
Quarterly Debt To Equity	Jun 30, 26	0.40	-4.8%	-9.1%	-33.3%	+53.9%
Price	Aug 4, 26	$89.60	+24.7%	+46.5%	+120.3%	+38.7%
Annual Total Debt	Dec 31, 25	$75.64B	-1.9%	-9.7%	-30.0%	+70.6%
Annual Shareholders Equity	Dec 31, 25	$174.39B	-2.2%	-8.4%	+12.3%	+17.8%
Annual Current Ratio	Dec 31, 25	1.30	-3.7%	-5.1%	+5.7%	+16.1%
Annual Quick Ratio	Dec 31, 25	1.03	-6.4%	-6.4%	+7.3%	+24.1%
Annual Short Term Debt	Dec 31, 25	$9.13B	-21.5%	+1.4%	-46.0%	-8.3%
Annual Long Term Debt	Dec 31, 25	$66.52B	+1.6%	-11.1%	-27.0%	+93.5%
Piotroski F-Score	Jun 30, 26	9	+50.0%	+12.5%	+28.6%	+28.6%
Altman Z-Score	Aug 4, 26	2.53	+9.1%	+3.3%	+93.1%	+0.8%

Debt To Equity Highs

SHEL Annual Debt To Equity Highs Comparison
Period	High	Date	Current
3Y	0.44	Dec 31, 23	-2.3%
5Y	0.70	N/A	-38.6%
All	0.70	Dec 31, 20	-38.6%

Debt To Equity Lows

SHEL Annual Debt To Equity Lows Comparison
Period	Low	Date	Current
3Y	0.43	Dec 31, 24	at low
5Y	0.43	Dec 31, 24	at low
All	0.10	Dec 31, 01	+330.0%

Debt To Equity History

Year	Value	Change
2025	0.43	0.0%
2024	0.43	-2.3%
2023	0.44	0.0%
2022	0.44	-15.4%
2021	0.52	-25.7%
2020	0.70	+34.6%
2019	0.52	+33.3%
2018	0.39	-11.4%
2017	0.44	-12.0%
2016	0.50	+38.9%
2015	0.36	+38.5%
2014	0.26	+4.0%
2013	0.25	+13.6%
2012	0.22	0.0%
2011	0.22	-26.7%
2010	0.30	+15.4%
2009	0.26	+44.4%

Year	Value	Change
2008	0.18	+20.0%
2007	0.15	0.0%
2006	0.15	+7.1%
2005	0.14	-17.6%
2004	0.17	-39.3%
2003	0.28	-15.2%
2002	0.33	+230.0%
2001	0.10	-23.1%
2000	0.13	-43.5%
1999	0.23	-8.0%
1998	0.25	+38.9%
1997	0.18	-5.3%
1996	0.19	-13.6%
1995	0.22	+4.8%
1994	0.21	-4.5%
1993	0.22	-

FAQ

What is the current annual debt to equity of SHEL?: As of today, SHEL annual debt to equity is 0.43
What is 1-year change in SHEL annual debt to equity?: SHEL annual debt to equity has remained unchanged year-over-year
What is 3-year change in SHEL annual debt to equity?: SHEL annual debt to equity is down -2.27% over the past 3 years
How far is SHEL annual debt to equity from its all-time high?: SHEL annual debt to equity is currently -38.57% below its historical high of 0.70 set on December 31, 2020
How does SHEL annual debt to equity rank versus sector peers?: SHEL annual debt to equity is higher than 45.67% of companies in Energy sector
When is SHEL next annual earnings release?: As of today, the next annual earnings release for SHEL has not been scheduled

Debt To Equity Formula

Debt To Equity =

Total Debt

Shareholders Equity

Quarterly Debt To Equity

0.400.04-9.09%

June 30, 2026

Summary

Current Value: As of today, SHEL quarterly debt to equity is 0.40, down -9.09% on June 30, 2026
Historical Performance: SHEL quarterly debt to equity is down -4.76% year-over-year, down -9.09% over the past 3 years
All-Time High Comparison: SHEL quarterly debt to equity is currently -42.86% below its historical high of 0.70 set on December 31, 2020
3-Year Low Comparison: SHEL quarterly debt to equity is at its 3-year low
Sector Comparison: SHEL quarterly debt to equity is higher than 40.87% of companies in Energy sector

Performance

SHEL Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Debt To Equity	Jun 30, 26	0.40	-9.1%	-4.8%	-9.1%	-33.3%
Annual Debt To Equity	Dec 31, 25	0.43	–	0.0%	-2.3%	-38.6%
Price	Aug 4, 26	$89.60	+0.4%	+24.7%	+46.5%	+120.3%
Quarterly Total Debt	Jun 30, 26	$73.08B	-3.4%	-3.4%	-13.4%	-27.0%
Quarterly Shareholders Equity	Jun 30, 26	$180.79B	+4.2%	-0.2%	-5.1%	+7.6%
Quarterly Current Ratio	Jun 30, 26	1.43	+12.6%	+8.3%	-2.0%	+8.3%
Quarterly Quick Ratio	Jun 30, 26	1.12	+15.5%	+4.7%	-5.1%	+9.8%
Quarterly Short Term Debt	Jun 30, 26	$8.54B	-15.1%	-18.3%	-29.5%	-34.5%
Quarterly Long Term Debt	Jun 30, 26	$64.53B	-1.6%	-1.1%	-10.7%	-25.9%
Piotroski F-Score	Jun 30, 26	9	+50.0%	+50.0%	+12.5%	+28.6%
Altman Z-Score	Aug 4, 26	2.53	-0.4%	+9.1%	+3.3%	+93.1%

Quarterly Debt To Equity Highs

SHEL Quarterly Debt To Equity Highs Comparison
Period	High	Date	Current
1Y	0.44	Mar 31, 26	-9.1%
3Y	0.44	Dec 31, 23	-9.1%
5Y	0.60	N/A	-33.3%
All	0.70	Dec 31, 20	-42.9%

Quarterly Debt To Equity Lows

SHEL Quarterly Debt To Equity Lows Comparison
Period	Low	Date	Current
1Y	0.40	Jun 30, 26	at low
3Y	0.40	Jun 30, 26	at low
5Y	0.40	Jun 30, 26	at low
All	0.10	Sep 1, 01	+300.0%

Quarterly Debt To Equity History

Month	Value	Change
Jun 2026	0.40	-9.1%
Mar 2026	0.44	+2.3%
Dec 2025	0.43	+2.4%
Sep 2025	0.42	0.0%
Jun 2025	0.42	-2.3%
Mar 2025	0.43	0.0%
Dec 2024	0.43	+4.9%
Sep 2024	0.41	0.0%
Jun 2024	0.41	-4.7%
Mar 2024	0.43	-2.3%
Dec 2023	0.44	+2.3%
Sep 2023	0.43	-2.3%
Jun 2023	0.44	0.0%
Mar 2023	0.44	0.0%
Dec 2022	0.44	0.0%
Sep 2022	0.44	0.0%
Jun 2022	0.44	-10.2%
Mar 2022	0.49	-5.8%
Dec 2021	0.52	-10.3%
Sep 2021	0.58	-3.3%
Jun 2021	0.60	-4.8%
Mar 2021	0.63	-10.0%
Dec 2020	0.70	+1.4%
Sep 2020	0.69	+3.0%
Jun 2020	0.67	+26.4%
Mar 2020	0.53	+1.9%
Dec 2019	0.52	+10.6%
Sep 2019	0.47	-2.1%
Jun 2019	0.48	+2.1%
Mar 2019	0.47	+20.5%
Dec 2018	0.39	-2.5%
Sep 2018	0.40	-2.4%
Jun 2018	0.41	-8.9%
Mar 2018	0.45	+2.3%
Dec 2017	0.44	-2.2%
Sep 2017	0.45	-4.3%
Jun 2017	0.47	-2.1%
Mar 2017	0.48	-4.0%
Dec 2016	0.50	-3.8%
Sep 2016	0.52	+10.6%
Jun 2016	0.47	+14.6%
Mar 2016	0.41	+13.9%
Dec 2015	0.36	+5.9%
Sep 2015	0.34	+13.3%
Jun 2015	0.30	+15.4%
Mar 2015	0.26	0.0%
Dec 2014	0.26	+8.3%
Sep 2014	0.24	0.0%
Jun 2014	0.24	-4.0%
Mar 2014	0.25	0.0%
Dec 2013	0.25	+19.0%

Month	Value	Change
Sep 2013	0.21	+10.5%
Jun 2013	0.19	-5.0%
Mar 2013	0.20	-9.1%
Dec 2012	0.22	+4.8%
Sep 2012	0.21	+10.5%
Jun 2012	0.19	-9.5%
Mar 2012	0.21	-4.5%
Dec 2011	0.22	-8.3%
Sep 2011	0.24	-7.7%
Jun 2011	0.26	-3.7%
Mar 2011	0.27	-10.0%
Dec 2010	0.30	-6.3%
Sep 2010	0.32	+10.3%
Jun 2010	0.29	+7.4%
Mar 2010	0.27	+3.8%
Dec 2009	0.26	-3.7%
Sep 2009	0.27	+17.4%
Jun 2009	0.23	+15.0%
Mar 2009	0.20	+11.1%
Dec 2008	0.18	+50.0%
Sep 2008	0.12	0.0%
Jun 2008	0.12	-7.7%
Mar 2008	0.13	-13.3%
Dec 2007	0.15	0.0%
Sep 2007	0.15	-6.3%
Jun 2007	0.16	-5.9%
Mar 2007	0.17	+54.5%
Dec 2006	0.11	-21.4%
Sep 2006	0.14	-6.7%
Jun 2006	0.15	+15.4%
Mar 2006	0.13	-7.1%
Dec 2005	0.14	-12.5%
Sep 2005	0.16	+6.7%
Jun 2005	0.15	-6.3%
Mar 2005	0.16	-5.9%
Dec 2004	0.17	-22.7%
Sep 2004	0.22	0.0%
Jun 2004	0.22	-8.3%
Mar 2004	0.24	-14.3%
Dec 2003	0.28	-6.7%
Sep 2003	0.30	+25.0%
Jun 2003	0.24	-4.0%
Mar 2003	0.25	-24.2%
Dec 2002	0.33	+6.5%
Sep 2002	0.31	+3.3%
Jun 2002	0.30	+172.7%
Mar 2002	0.11	+10.0%
Dec 2001	0.10	0.0%
Sep 2001	0.10	-16.7%
Jun 2001	0.12	0.0%
Mar 2001	0.12	-

FAQ

What is the current quarterly debt to equity of SHEL?: As of today, SHEL quarterly debt to equity is 0.40
What is SHEL quarterly debt to equity most recent change?: SHEL quarterly debt to equity was down -9.09% on June 30, 2026
What is 1-year change in SHEL quarterly debt to equity?: SHEL quarterly debt to equity is down -4.76% year-over-year
How far is SHEL quarterly debt to equity from its all-time high?: SHEL quarterly debt to equity is currently -42.86% below its historical high of 0.70 set on December 31, 2020
How does SHEL quarterly debt to equity rank versus sector peers?: SHEL quarterly debt to equity is higher than 40.87% of companies in Energy sector
When is SHEL next earnings release?: The next earnings release for SHEL is on October 29, 2026

Debt To Equity Formula

Debt To Equity =

Total Debt

Shareholders Equity

Data Sources & References

SHEL Official Website www.shell.com
Most Recent Annual Report (10-K) www.sec.gov/Archives/edgar/data/1306965/000162828026005600/0001628280-26-005600-index.htm
SHEL Profile on Yahoo Finance finance.yahoo.com/quote/SHEL
SHEL Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/shel