Shell plc (SHEL)

Shell plc operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas. It operates through the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. The company explores for and extracts natural gas to produce liquefied natural gas or convert it into gas-to-liquids (GTL) fuels and other products; explores for and extracts crude oil, natural gas, and natural gas liquids; and operates marketing and transportation of oil, gas, and liquids, supported by the infrastructure required to deliver them to market or to process them within Shell's chemical manufacturing plants and refineries. It is also involved in marketing, which includes mobility, lubricants, and sectors focused on decarbonization; operates a retail network, including electric vehicle charging, convenience retail, and the wholesale commercial fuels business for transport and industry; sells products for road transport and machinery in manufacturing, mining, power generation, agriculture, and construction; and provides low-carbon energy solutions, such as biofuels, to a broad range of commercial customers, including those in the aviation, marine, and agriculture sectors. In addition, the company offers chemicals and products, including chemicals manufacturing plants with their own marketing network, and refineries that turn crude oil and other feedstocks into a range of oil products, which are moved and marketed around the world for domestic, industrial, and transport use; and operates a pipeline business, trading, and optimization of crude oil, oil products, and petrochemicals. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1897 and is headquartered in London, United Kingdom.

Symbol
SHEL
Exchange
NYSE
Sector
Energy
Industry
Oil & Gas Integrated
Market cap
$271.98B
52 week range
68.63 - 99.15

Valuation

Share price
$95.61 (close of 2026-10-01)
P/E (TTM)
15.79x
Price to book
1.55x
Price to free cash flow
6.35x
Enterprise value
$317.40B
Book value per share
$61.62

Price performance

PeriodChange
1 day+0.59%
5 days+0.01%
1 month+2.25%
3 months+24.87%
6 months+3.89%
Year to date+30.12%
1 year+32.00%
3 years+48.51%
5 years+110.64%
10 years+90.95%
All time+3055.45%

Members of Congress who disclosed SHEL trades

Josh Gottheimer · Bruce Westerman · Lisa McClain · Val Hoyle

Profitability and growth

Return on equity
10.17%
Return on assets
4.82%
Net margin
6.68%
EBITDA margin
11.04%
Revenue growth
-6.13%
Net income growth
10.83%
Free cash flow growth
-21.62%

Cash flow and balance sheet

Free cash flow yield (TTM)
15.76%
Current ratio
1.30x
Net debt to EBITDA
0.80x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$266.89B
EBITDA
$29.47B
Net income
$17.84B
Earnings per share
$6.06
Research and development
$1.17B
Shares outstanding
2.95B

Income statement by year

Period endRevenueNet incomeEPS
2025-12-31$266.89B$17.84B$6.06
2024-12-31$284.31B$16.09B$5.11
2023-12-31$316.62B$19.36B$5.75
2022-12-31$381.31B$42.31B$11.52
2021-12-31$261.50B$20.10B$5.18
2020-12-31$180.54B-$21.68B$-5.56
2019-12-31$344.88B$15.84B$3.93
2018-12-31$388.38B$23.35B$5.64
2017-12-31$305.18B$12.98B$3.16
2016-12-31$233.59B$4.58B$1.17

Margins and returns by year

Period endNet marginReturn on equity
2025-12-316.68%10.17%
2024-12-315.66%8.93%
2023-12-316.11%10.28%
2022-12-3111.10%21.97%
2021-12-317.69%11.46%
2020-12-31-12.01%-13.68%
2019-12-314.59%8.32%
2018-12-316.01%11.53%
2017-12-314.25%6.56%
2016-12-311.96%2.43%

Cash and debt by year

Period endCashDebt
2025-12-31$30.22B$66.52B
2024-12-31$39.11B$65.45B
2023-12-31$38.77B$71.61B
2022-12-31$40.25B$74.79B
2021-12-31$36.97B$80.87B
2020-12-31$31.83B$91.11B
2019-12-31$18.05B$81.36B
2019-01-01$26.74B$79.81B
2018-12-31$26.74B$66.69B
2017-12-31$20.31B$73.87B

Free cash flow by year

Period endFree cash flow
2025-12-31$42.86B
2024-12-31$54.69B
2023-12-31$54.19B
2022-12-31$68.41B
2021-12-31$45.10B
2020-12-31$34.10B
2019-12-31$42.18B
2018-12-31$53.09B
2017-12-31$35.65B
2016-12-31$20.61B

Dividend history

Most recent payment
2026-08-14
Paid in the last twelve months
$3.02
Payment dateDividend per share
2026-08-14$0.78
2026-05-22$0.78
2026-02-20$0.74
2025-11-14$0.72
2025-08-15$0.72
2025-05-16$0.72
2025-02-14$0.72
2024-11-15$0.69

Investor relations

Next earnings report

Next confirmed report
2026-10-29
Consensus EPS estimate
$2.98

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-30Jun/2026$3.23
2026-05-07--
2026-02-05--
2025-10-30--
2025-07-31--
2025-05-02--
2025-01-30--
2024-10-31--

Filings and sources

Company website
shell.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

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Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

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