Shell plc (SHEL) — Net Asset Momentum
Shell plc (SHEL) recorded a net asset momentum of -2.7% as of December 2025, with net assets of GBX175.38 Billion GBX. Net Asset Momentum measures the year-over-year percentage change in net assets (total assets minus total liabilities), indicating how rapidly the company is building or eroding its equity base. See SHEL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
YoY Momentum
Current Net Assets
Years of Data
Country
Shell plc Net Asset Momentum (1998–2025)
This chart tracks Shell plc's year-over-year net asset growth across 28 annual reporting periods from 1998 to 2025. The most recent momentum reading is -2.7%, with net assets of GBX175.38 Billion GBX as of December 2025. Read Shell plc (SHEL) total liabilities for a breakdown of total debt and financial obligations.
Annual Net Asset History for Shell plc (1998–2025)
The table below shows the complete annual net asset history for Shell plc from 1998 to 2025, covering 28 yearly periods. Each row includes total assets, total liabilities, net assets, and the year-over-year momentum figure for that period. For live market cap and broader valuation context, see how much is Shell plc worth.
| Year | Net Assets (GBX) | Total Assets | Total Liabilities | YoY Momentum |
|---|---|---|---|---|
| 2025 | GBX175.38 Billion | GBX370.49 Billion | GBX195.10 Billion | ▼ -2.7% |
| 2024 | GBX180.17 Billion | GBX387.61 Billion | GBX207.44 Billion | ▼ -4.4% |
| 2023 | GBX188.36 Billion | GBX406.27 Billion | GBX217.91 Billion | ▼ -2.2% |
| 2022 | GBX192.60 Billion | GBX443.02 Billion | GBX250.43 Billion | ▲ +9.9% |
| 2021 | GBX175.33 Billion | GBX404.38 Billion | GBX229.05 Billion | ▲ +10.6% |
| 2020 | GBX158.54 Billion | GBX379.27 Billion | GBX220.73 Billion | ▼ -16.8% |
| 2019 | GBX190.46 Billion | GBX404.34 Billion | GBX213.87 Billion | ▼ -6.0% |
| 2018 | GBX202.53 Billion | GBX399.19 Billion | GBX196.66 Billion | ▲ +2.4% |
| 2017 | GBX197.81 Billion | GBX407.10 Billion | GBX209.28 Billion | ▲ +4.9% |
| 2016 | GBX188.51 Billion | GBX411.27 Billion | GBX222.76 Billion | ▲ +14.9% |
| 2015 | GBX164.12 Billion | GBX340.16 Billion | GBX176.04 Billion | ▼ -5.0% |
| 2014 | GBX172.79 Billion | GBX353.12 Billion | GBX180.33 Billion | ▼ -4.6% |
| 2013 | GBX181.15 Billion | GBX357.51 Billion | GBX176.36 Billion | ▲ +2.8% |
| 2012 | GBX176.18 Billion | GBX350.29 Billion | GBX174.11 Billion | ▲ +3.0% |
| 2011 | GBX171.00 Billion | GBX345.26 Billion | GBX174.25 Billion | ▲ +14.2% |
| 2010 | GBX149.78 Billion | GBX322.56 Billion | GBX172.78 Billion | ▲ +8.4% |
| 2009 | GBX138.13 Billion | GBX292.18 Billion | GBX154.05 Billion | ▲ +7.2% |
| 2008 | GBX128.87 Billion | GBX282.40 Billion | GBX153.53 Billion | ▲ +2.3% |
| 2007 | GBX125.97 Billion | GBX269.47 Billion | GBX143.50 Billion | ▲ +9.6% |
| 2006 | GBX114.94 Billion | GBX235.28 Billion | GBX120.33 Billion | ▲ +17.4% |
| 2005 | GBX97.92 Billion | GBX219.52 Billion | GBX121.59 Billion | ▲ +7.2% |
| 2004 | GBX91.38 Billion | GBX187.45 Billion | GBX96.06 Billion | ▲ +14.7% |
| 2003 | GBX79.70 Billion | GBX168.09 Billion | GBX88.39 Billion | ▲ +17.9% |
| 2002 | GBX67.61 Billion | GBX153.46 Billion | GBX85.85 Billion | ▲ +7.1% |
| 2001 | GBX63.11 Billion | GBX111.54 Billion | GBX48.43 Billion | ▲ +5.2% |
| 2000 | GBX59.97 Billion | GBX122.50 Billion | GBX62.53 Billion | ▲ +1.6% |
| 1999 | GBX59.01 Billion | GBX113.88 Billion | GBX54.87 Billion | ▲ +2.3% |
| 1998 | GBX57.66 Billion | GBX110.07 Billion | GBX52.41 Billion | — |