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Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) (SHEL)

Debt to Equity

0.40×

TTM · Retrieved: Oct 21, 2026

SHEL Debt to Equity

Current (TTM)0.40×retrievedOct 21, 2026

Current (TTM)0.40×retrievedOct 21, 2026

SHEL Debt/Equity (0.25× → 0.40×)

Latest values, visible window

High-resolution chart · PNG

SHEL debt to equity history

Annual fiscal periods. Dates are reporting period ends; fiscal years can differ from calendar years.

Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) Debt to Equity — Annual fiscal periods
Period ending	Debt to Equity
Dec 31, 2025	0.5997×
Dec 31, 2024	0.4326×
Dec 31, 2023	0.4375×
Dec 31, 2022	0.4399×
Dec 31, 2021	0.518×
Dec 31, 2020	0.6955×
Dec 31, 2019	0.5171×
Dec 31, 2018	0.3867×
Dec 31, 2017	0.4408×
Dec 31, 2016	0.4955×
Dec 31, 2015	0.3584×
Dec 31, 2014	0.2648×
Dec 31, 2013	0.2452×
Dec 31, 2012	0.216×
Dec 31, 2011	0.2193×
Dec 31, 2010	0.2995×
Dec 31, 2009	0.2568×
Dec 31, 2008	0.1828×
Dec 31, 2007	0.146×
Dec 31, 2006	0.1492×
Dec 31, 2005	0.1421×
Dec 31, 2004	0.1695×
Dec 31, 2003	0.2639×
Dec 31, 2002	0.3075×
Dec 31, 2001	0.0976×
Dec 31, 2000	0.1301×
Dec 31, 1999	0.2302×
Dec 31, 1998	0.2513×

Data is provided for informational purposes only and does not constitute investment advice. Past performance is not indicative of future results.