Shell Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	30,216	39,110	38,774	40,246	36,970
Cash & Short-Term Investments	30,216	39,110	38,774	40,246	36,970
Cash Growth	-22.74%	0.87%	-3.66%	8.86%	16.15%
Accounts Receivable	44,597	45,860	53,273	66,510	53,208
Inventory	22,216	23,426	26,019	31,894	25,258
Other Current Assets	10,144	19,530	16,049	27,288	13,329
Total Current Assets	106,143	118,069	134,115	165,938	126,805
Net Property, Plant & Equipment	185,077	185,219	194,835	198,642	194,932
Other Intangible Assets	11,010	9,480	10,253	9,662	9,773
Goodwill	15,662	16,032	16,660	16,039	14,920
Long-Term Investments	29,332	25,700	27,703	27,226	27,212
Other Long-Term Assets	13,844	17,234	22,704	25,517	28,777
Total Assets	370,350	387,609	406,270	443,024	404,379
Accounts Payable	57,770	60,693	68,237	79,357	63,173
Short-Term Debt	9,128	11,630	9,931	9,001	8,218
Other Current Liabilities	15,517	22,711	17,299	32,953	24,156
Total Current Liabilities	81,595	88,831	95,467	121,311	94,294
Long-Term Debt	-	-	71,610	74,794	80,868
Other Long-Term Liabilities	38,965	40,207	50,831	54,322	52,638
Total Long-Term Liabilities	112,616	112,407	122,441	129,116	133,506
Total Liabilities	195,031	207,441	217,908	250,427	229,053
Common Stock	477	510	544	584	641
Treasury Stock	-847	-803	-997	-726	-610
Accumulated Other Comprehensive Income	21,234	19,766	21,145	21,132	18,909
Retained Earnings	153,528	158,834	165,915	169,482	153,026
Total Common Shareholders' Equity	174,392	178,307	186,607	190,472	171,966
Minority Interest	927	1,861	1,755	2,125	3,360
Shareholders' Equity	175,319	180,168	188,362	192,597	175,326
Total Liabilities & Equity	370,350	387,609	406,270	443,024	404,379
Total Debt	9,128	11,630	81,541	83,795	89,086
Net Cash (Debt)	21,088	27,480	-42,767	-43,549	-52,116
Net Cash Growth	-23.26%	-	-	-	-
Net Cash Per Share	7.09	8.64	-12.58	-11.75	-13.35
Book Value	174,392	178,307	186,607	190,472	171,966
Book Value Per Share	58.63	56.04	54.89	51.41	44.06
Tangible Book Value	147,720	152,795	159,694	164,771	147,273
Tangible Book Value Per Share	49.67	48.02	46.97	44.47	37.73

Updated Feb 5, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q