This paper presents an investigation of the shear carried by fibers of fiber reinforced concrete (FRC) beams consisting of various types and combinations of fibers, and a proposal of the predictive equation for their shear capacity. Eight FRC beams with stirrups were tested by four-point bending. The testing program employed five fiber types (30-mm steel, 60-mm steel, polypropylene, polyvinyl alcohol and polyethylene terephthalate) and three combinations of hybrid fibers. The stress transferred across a diagonal crack was investigated using crack surface displacement and tension softening curve. The stress was significantly affected by the material types and combinations of fibers. The stress and the angle of the diagonal crack increased with the increase in fracture energy, whereas the diagonal crack length decreased. On the other hand, the angle of principal tensile strain did not significantly vary in the range of study. The shear carried by fibers was investigated from the stress and area of the crack surface. Good correlation between test results and calculated results was observed. In addition, a simplified equation of shear carried by fibers, involving fracture energy, stirrup ratio and effective depth, was formulated. Finally, a predictive equation for shear capacity of FRC beams was proposed and validated with 43 FRC beams. The proposed equation gave good prediction for FRC beams with various types and combinations of fibers.