97.270
USD
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Market Closed
Last updated: · Delayed 15 min
Fair valueNot reliable
Q4 FY2026 · Earnings report
EPS estimate 3.49Revenue estimate 100.68B
Q4 FY2026 · Earnings report
EPS estimate 3.49Revenue estimate 100.68B
Shell debt to equity ratioWhat is the debt to equity ratio? Debt to equity is a company's total debt divided by its shareholders' equity: how much it has borrowed for each dollar its owners have in the business.
Shell's debt to equity ratio is 0.38: total debt of 76.08B USD against shareholders' equity of 198.44B USD.
- Today
- 0.38
- Average, 5 years
- 0.44
- Low, 5 years
- 0.38
- High, 5 years
- 0.60
Debt to equity = total debt ÷ shareholders' equity = 76.08B ÷ 198.44B = 0.38
Debt to equity
Total debt
Shareholders' equity
Total debt over shareholders' equity at each quarter end.
Debt to equity by year and by quarter
| Fiscal year | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Today | 0.38 | 76.08B | 198.44B | |
| FY2025 | 31 Dec 2025 | 0.60 | 104.58B | 174.39B |
| FY2024 | 31 Dec 2024 | 0.43 | 77.14B | 178.31B |
| FY2023 | 31 Dec 2023 | 0.44 | 81.64B | 186.61B |
| FY2022 | 31 Dec 2022 | 0.44 | 83.80B | 190.47B |
| FY2021 | 31 Dec 2021 | 0.52 | 89.09B | 171.97B |
| FY2020 | 31 Dec 2020 | 0.70 | 108.01B | 155.31B |
| FY2019 | 31 Dec 2019 | 0.52 | 96.42B | 186.48B |
| FY2018 | 31 Dec 2018 | 0.39 | 76.82B | 198.65B |
| FY2017 | 31 Dec 2017 | 0.44 | 85.67B | 194.36B |
| FY2016 | 31 Dec 2016 | 0.50 | 92.48B | 186.65B |
| FY2015 | 31 Dec 2015 | 0.36 | 58.38B | 162.88B |
| FY2014 | 31 Dec 2014 | 0.26 | 45.54B | 171.97B |
| FY2013 | 31 Dec 2013 | 0.25 | 44.16B | 180.05B |
| FY2012 | 31 Dec 2012 | 0.22 | 37.75B | 174.75B |
| FY2011 | 31 Dec 2011 | 0.22 | 37.18B | 169.52B |
| FY2010 | 31 Dec 2010 | 0.30 | 44.33B | 148.01B |
| FY2009 | 31 Dec 2009 | 0.26 | 35.03B | 136.43B |
| FY2008 | 31 Dec 2008 | 0.18 | 23.27B | 127.29B |
| FY2007 | 31 Dec 2007 | 0.15 | 18.10B | 123.96B |
| FY2006 | 31 Dec 2006 | 0.15 | 15.77B | 105.73B |
| FY2005 | 31 Dec 2005 | 0.14 | 12.92B | 90.92B |
| FY2004 | 31 Dec 2004 | 0.17 | 14.59B | 86.07B |
| FY2003 | 31 Dec 2003 | 0.26 | 20.13B | 76.28B |
| FY2002 | 31 Dec 2002 | 0.31 | 19.69B | 64.03B |
| FY2001 | 31 Dec 2001 | 0.10 | 5.82B | 59.64B |
| FY2000 | 31 Dec 2000 | 0.13 | 7.43B | 57.09B |
| FY1999 | 31 Dec 1999 | 0.23 | 12.93B | 56.17B |
| FY1998 | 31 Dec 1998 | 0.25 | 13.81B | 54.96B |
| Quarter | Period ending | Debt to equity | Total debt | Shareholders' equity |
|---|---|---|---|---|
| Q3 FY2026 | 30 Sept 2026 | 0.38 | 76.08B | 198.44B |
| Q2 FY2026 | 30 Jun 2026 | 0.40 | 73.08B | 180.79B |
| Q1 FY2026 | 31 Mar 2026 | 0.44 | 75.65B | 173.58B |
| Q4 FY2025 | 31 Dec 2025 | 0.60 | 104.58B | 174.39B |
| Q3 FY2025 | 30 Sept 2025 | 0.42 | 73.98B | 175.82B |
| Q2 FY2025 | 30 Jun 2025 | 0.42 | 75.68B | 181.14B |
| Q1 FY2025 | 31 Mar 2025 | 0.43 | 76.51B | 178.81B |
| Q4 FY2024 | 31 Dec 2024 | 0.43 | 77.14B | 178.31B |
| Q3 FY2024 | 30 Sept 2024 | 0.41 | 76.61B | 187.67B |
| Q2 FY2024 | 30 Jun 2024 | 0.41 | 75.47B | 185.41B |
| Q1 FY2024 | 31 Mar 2024 | 0.43 | 79.93B | 186.57B |
| Q4 FY2023 | 31 Dec 2023 | 0.44 | 81.64B | 186.61B |
| Q3 FY2023 | 30 Sept 2023 | 0.43 | 82.15B | 191.20B |
| Q2 FY2023 | 30 Jun 2023 | 0.44 | 84.37B | 190.46B |
| Q1 FY2023 | 31 Mar 2023 | 0.44 | 85.14B | 193.32B |
| Q4 FY2022 | 31 Dec 2022 | 0.44 | 83.80B | 190.47B |
| Q3 FY2022 | 30 Sept 2022 | 0.44 | 81.99B | 186.52B |
| Q2 FY2022 | 30 Jun 2022 | 0.44 | 83.74B | 190.50B |
| Q1 FY2022 | 31 Mar 2022 | 0.49 | 86.05B | 176.00B |
| Q4 FY2021 | 31 Dec 2021 | 0.52 | 89.09B | 171.97B |
| Q3 FY2021 | 30 Sept 2021 | 0.58 | 95.39B | 163.39B |
| Q2 FY2021 | 30 Jun 2021 | 0.60 | 100.08B | 168.00B |
| Q1 FY2021 | 31 Mar 2021 | 0.63 | 102.37B | 163.71B |
| Q4 FY2020 | 31 Dec 2020 | 0.70 | 108.01B | 155.31B |
| Q3 FY2020 | 30 Sept 2020 | 0.69 | 109.06B | 157.17B |
| Q2 FY2020 | 30 Jun 2020 | 0.67 | 104.99B | 157.16B |
| Q1 FY2020 | 31 Mar 2020 | 0.53 | 95.07B | 179.64B |
| Q4 FY2019 | 31 Dec 2019 | 0.52 | 96.42B | 186.48B |
| Q3 FY2019 | 30 Sept 2019 | 0.47 | 88.92B | 188.62B |
| Q2 FY2019 | 30 Jun 2019 | 0.48 | 92.65B | 192.28B |
| Q1 FY2019 | 31 Mar 2019 | 0.47 | 92.54B | 196.33B |
| Q4 FY2018 | 31 Dec 2018 | 0.39 | 76.82B | 198.65B |
| Q3 FY2018 | 30 Sept 2018 | 0.40 | 78.38B | 197.53B |
| Q2 FY2018 | 30 Jun 2018 | 0.41 | 80.47B | 197.32B |
| Q1 FY2018 | 31 Mar 2018 | 0.45 | 88.02B | 197.33B |
| Q4 FY2017 | 31 Dec 2017 | 0.44 | 85.67B | 194.36B |
| Q3 FY2017 | 30 Sept 2017 | 0.45 | 88.36B | 195.03B |
| Q2 FY2017 | 30 Jun 2017 | 0.47 | 90.35B | 193.04B |
| Q1 FY2017 | 31 Mar 2017 | 0.48 | 91.63B | 190.82B |
| Q4 FY2016 | 31 Dec 2016 | 0.50 | 92.48B | 186.65B |
| Q3 FY2016 | 30 Sept 2016 | 0.52 | 97.83B | 186.89B |
| Q2 FY2016 | 30 Jun 2016 | 0.47 | 90.33B | 190.67B |
| Q1 FY2016 | 31 Mar 2016 | 0.41 | 80.87B | 196.52B |
| Q4 FY2015 | 31 Dec 2015 | 0.36 | 58.38B | 162.88B |
| Q3 FY2015 | 30 Sept 2015 | 0.34 | 55.59B | 161.35B |
| Q2 FY2015 | 30 Jun 2015 | 0.30 | 52.94B | 176.79B |
| Q1 FY2015 | 31 Mar 2015 | 0.26 | 43.84B | 167.96B |
| Q4 FY2014 | 31 Dec 2014 | 0.26 | 45.54B | 171.97B |
| Q3 FY2014 | 30 Sept 2014 | 0.24 | 42.98B | 180.00B |
| Q2 FY2014 | 30 Jun 2014 | 0.24 | 44.12B | 185.02B |
| Q1 FY2014 | 31 Mar 2014 | 0.25 | 45.73B | 182.03B |
| Q4 FY2013 | 31 Dec 2013 | 0.25 | 44.16B | 180.05B |
| Q3 FY2013 | 30 Sept 2013 | 0.21 | 37.08B | 179.15B |
| Q2 FY2013 | 30 Jun 2013 | 0.19 | 32.97B | 176.87B |
| Q1 FY2013 | 31 Mar 2013 | 0.20 | 35.79B | 179.81B |
| Q4 FY2012 | 31 Dec 2012 | 0.22 | 37.75B | 174.75B |
| Q3 FY2012 | 30 Sept 2012 | 0.00 | 0.00 | 183.79B |
| Q2 FY2012 | 30 Jun 2012 | 0.19 | 32.98B | 176.64B |
| Q1 FY2012 | 31 Mar 2012 | 0.20 | 34.77B | 177.65B |
| Q4 FY2011 | 31 Dec 2011 | 0.22 | 37.18B | 169.52B |
| Q3 FY2011 | 30 Sept 2011 | 0.24 | 39.36B | 164.60B |
| Q2 FY2011 | 30 Jun 2011 | 0.29 | 47.83B | 165.49B |
| Q1 FY2011 | 31 Mar 2011 | 0.27 | 42.63B | 157.81B |
| Q4 FY2010 | 31 Dec 2010 | 0.30 | 44.33B | 148.01B |
| Q3 FY2010 | 30 Sept 2010 | 0.32 | 45.08B | 142.74B |
| Q2 FY2010 | 30 Jun 2010 | 0.29 | 40.30B | 137.49B |
| Q1 FY2010 | 31 Mar 2010 | 0.27 | 37.31B | 138.01B |
| Q4 FY2009 | 31 Dec 2009 | 0.26 | 35.03B | 136.43B |
| Q3 FY2009 | 30 Sept 2009 | 0.27 | 36.30B | 136.86B |
| Q2 FY2009 | 30 Jun 2009 | 0.23 | 30.09B | 133.51B |
| Q1 FY2009 | 31 Mar 2009 | 0.20 | 25.03B | 126.43B |
| Q4 FY2008 | 31 Dec 2008 | 0.18 | 23.27B | 127.29B |
| Q3 FY2008 | 30 Sept 2008 | 0.12 | 16.73B | 138.47B |
| Q2 FY2008 | 30 Jun 2008 | 0.12 | 16.42B | 139.81B |
| Q1 FY2008 | 31 Mar 2008 | 0.13 | 17.06B | 131.13B |
| Q4 FY2007 | 31 Dec 2007 | 0.15 | 18.10B | 123.96B |
| Q3 FY2007 | 30 Sept 2007 | 0.15 | 17.34B | 118.19B |
| Q2 FY2007 | 30 Jun 2007 | 0.16 | 17.50B | 112.62B |
| Q1 FY2007 | 31 Mar 2007 | 0.17 | 17.37B | 105.11B |
| Q4 FY2006 | 31 Dec 2006 | 0.15 | 15.77B | 105.73B |
| Q3 FY2006 | 30 Sept 2006 | 0.14 | 14.06B | 101.60B |
| Q2 FY2006 | 30 Jun 2006 | 0.15 | 14.58B | 100.21B |
| Q1 FY2006 | 31 Mar 2006 | 0.13 | 12.53B | 95.50B |
| Q4 FY2005 | 31 Dec 2005 | 0.14 | 12.92B | 90.92B |
| Q3 FY2005 | 30 Sept 2005 | 0.16 | 14.51B | 92.35B |
| Q2 FY2005 | 30 Jun 2005 | 0.15 | 13.38B | 87.83B |
| Q1 FY2005 | 31 Mar 2005 | 0.16 | 13.73B | 83.66B |
| Q4 FY2004 | 31 Dec 2004 | 0.17 | 14.59B | 86.05B |
| Q3 FY2004 | 30 Sept 2004 | 0.22 | 16.81B | 77.81B |
| Q2 FY2004 | 30 Jun 2004 | 0.00 | 0.00 | 75.69B |
Figures in USD. A quarter's revenue, net income and dividends are those of its last four quarters.
See also:P/E ratio,Market cap,P/S ratio,Dividend yield,ROE (return on equity),Current ratio,All ratios
Common questions about Shell's debt to equity
Source: Financial Modeling Prep
