Shell annual depreciation and amortization
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Shell Depreciation & Amortization Growth & History (SHEL)
Shell's depreciation and amortization was $25.30B for fiscal 2025.
View full Shell company overviewShell annual depreciation and amortization history
| Fiscal year | Period ended | Depreciation and amortization | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $25.30B | −$1.57B | −5.85% |
| 2024 | 2024-12-31 | $26.87B | −$4.42B | −14.12% |
| 2023 | 2023-12-31 | $31.29B | $12.76B | +68.87% |
| 2022 | 2022-12-31 | $18.53B | −$8.39B | −31.17% |
| 2021 | 2021-12-31 | $26.92B | −$25.52B | −48.67% |
| 2020 | 2020-12-31 | $52.44B | $23.74B | +82.73% |
| 2019 | 2019-12-31 | $28.70B | $6.57B | +29.66% |
| 2018 | 2018-12-31 | $22.14B | −$4.09B | −15.59% |
| 2017 | 2017-12-31 | $26.22B | $1.23B | +4.92% |
| 2016 | 2016-12-31 | $24.99B | −$1.72B | −6.44% |
| 2015 | 2015-12-31 | $26.71B | — | — |
Shell quarterly depreciation and amortization
Q3.17
Q2.18
Q3.18
Q1.19
Q2.19
Q1.20
Q2.20
Q1.21
Q2.21
Q1.22
Q2.22
Q1.23
Q2.23
Q1.24
Q2.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Depreciation and amortization | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $5.56B | $96.0M | +1.76% |
| Q1 2026 | 2026-03-31 | $5.74B | $608.0M | +11.85% |
| Q4 2025 | 2025-12-31 | $5.75B | — | — |
| Q3 2025 | 2025-09-30 | $5.82B | — | — |
| Q2 2025 | 2025-06-30 | $5.46B | −$179.0M | −3.17% |
| Q1 2025 | 2025-03-31 | $5.13B | −$524.0M | −9.27% |
| Q2 2024 | 2024-06-30 | $5.64B | −$66.0M | −1.16% |
| Q1 2024 | 2024-03-31 | $5.65B | −$43.0M | −0.75% |
| Q2 2023 | 2023-06-30 | $5.71B | $100.0M | +1.78% |
| Q1 2023 | 2023-03-31 | $5.70B | $309.0M | +5.73% |
| Q2 2022 | 2022-06-30 | $5.61B | −$2.62B | −31.80% |
| Q1 2022 | 2022-03-31 | $5.39B | −$508.0M | −8.62% |
| Q2 2021 | 2021-06-30 | $8.22B | −$19.87B | −70.73% |
| Q1 2021 | 2021-03-31 | $5.90B | −$1.20B | −16.88% |
| Q2 2020 | 2020-06-30 | $28.09B | $21.39B | +319.30% |
| Q1 2020 | 2020-03-31 | $7.09B | $1.14B | +19.21% |
| Q2 2019 | 2019-06-30 | $6.70B | $1.34B | +25.00% |
| Q1 2019 | 2019-03-31 | $5.95B | — | — |
| Q3 2018 | 2018-09-30 | $5.20B | −$1.21B | −18.88% |
| Q2 2018 | 2018-06-30 | $5.36B | — | — |
| Q3 2017 | 2017-09-30 | $6.41B | — | — |
Shell depreciation and amortization trends
Over the last five fiscal years, Shell's depreciation and amortization decreased from $52.44B to $25.30B, a change of −$27.14B. The latest reported quarter, Q2 2026, shows $5.56B.
About the metric
What depreciation and amortization mean
Depreciation and amortization allocate the cost of tangible and intangible assets over their useful lives. These non-cash expenses reduce reported earnings and are commonly added back when calculating EBITDA and operating cash flow.
Calculation and source
Reported depreciation and amortization
TickerStat uses a combined depreciation and amortization value when reported. If a company reports the two components separately for an aligned period, they are added together without duplicating overlapping facts. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Shell source filings ↗Community posts
Constellation agrees to buy Shell’s Rhode Island power plant for $715 million
Constellation ($CEG) agreed to acquire the Rhode Island State Energy Center from Shell ($SHEL) for $715 million. The 609-megawatt combined-cycle natural-gas plant is located in Johnston, Rhode Island. Constellation estimates that first-year ...