InsiderClue
Stocks · Energy · Crude Petroleum & Natural Gas

Shell plc

SHEL Clue Score51
United States Fiscal year ends December CIK 0001306965
$100.18 -0.02% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $100.18 +112.92% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 12 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue233.59Net income4.58Fiscal year 2017Revenue305.18 +30.6%Net income12.98 +183.7%Fiscal year 2018Revenue388.38 +27.3%Net income23.35 +79.9%Fiscal year 2019Revenue344.88 −11.2%Net income15.84 −32.2%Fiscal year 2020Revenue180.54 −47.7%Net income−21.68 −236.9%Fiscal year 2021Revenue261.50 +44.8%Net income20.10Fiscal year 2022Revenue381.31 +45.8%Net income42.31 +110.5%Fiscal year 2023Revenue316.62 −17.0%Net income19.36 −54.2%Fiscal year 2024Revenue284.31 −10.2%Net income16.09 −16.9%Fiscal year 2025Revenue266.89 −6.1%Net income17.84 +10.8%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 233.59 305.18 388.38 344.88 180.54 261.50 381.31 316.62 284.31 266.89
Growth +30.6% +27.3% −11.2% −47.7% +44.8% +45.8% −17.0% −10.2% −6.1%
Net income 4.58 12.98 23.35 15.84 −21.68 20.10 42.31 19.36 16.09 17.84
Growth +183.7% +79.9% −32.2% −236.9% +110.5% −54.2% −16.9% +10.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin2.0%Fiscal year 2017Net margin4.3%Fiscal year 2018Net margin6.0%Fiscal year 2019Net margin4.6%Fiscal year 2020Net margin−12.0%Fiscal year 2021Net margin7.7%Fiscal year 2022Net margin11.1%Fiscal year 2023Net margin6.1%Fiscal year 2024Net margin5.7%Fiscal year 2025Net margin6.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 2.0% 4.3% 6.0% 4.6% −12.0% 7.7% 11.1% 6.1% 5.7% 6.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flow
Fiscal year 2016Operating cash flow20.62Dividends paid−15.14Fiscal year 2017Operating cash flow35.65Dividends paid−16.03Fiscal year 2018Operating cash flow53.09Buybacks−3.95Dividends paid−16.26Fiscal year 2019Operating cash flow42.18Buybacks−10.19Dividends paid−15.74Fiscal year 2020Operating cash flow34.11Buybacks−1.70Dividends paid−7.58Fiscal year 2021Operating cash flow45.10Buybacks−2.89Dividends paid−6.67Fiscal year 2022Operating cash flow68.41Buybacks−18.44Dividends paid−7.49Fiscal year 2023Operating cash flow54.19Buybacks−14.62Dividends paid−9.15Fiscal year 2024Operating cash flow54.69Buybacks−13.90Dividends paid−8.98Fiscal year 2025Operating cash flow42.86Buybacks−13.88Dividends paid−8.62
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 20.62 35.65 53.09 42.18 34.11 45.10 68.41 54.19 54.69 42.86
Buybacks n/a n/a −3.95 −10.19 −1.70 −2.89 −18.44 −14.62 −13.90 −13.88
Dividends paid −15.14 −16.03 −16.26 −15.74 −7.58 −6.67 −7.49 −9.15 −8.98 −8.62

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash19.13Total debt82.99Net cash (debt)−63.86Shareholders’ equity186.65Debt to equity0.44Fiscal year 2017Cash20.31Total debt73.87Net cash (debt)−53.56Shareholders’ equity194.36Debt to equity0.38Fiscal year 2018Cash26.74Total debt76.13Net cash (debt)−49.39Shareholders’ equity198.65Debt to equity0.38Fiscal year 2019Cash18.06Total debt92.46Net cash (debt)−74.41Shareholders’ equity186.48Debt to equity0.50Fiscal year 2020Cash31.83Total debt100.48Net cash (debt)−68.65Shareholders’ equity155.31Debt to equity0.65Fiscal year 2021Cash36.97Total debt88.57Net cash (debt)−51.60Shareholders’ equity171.97Debt to equity0.52Fiscal year 2022Cash40.25Total debt82.77Net cash (debt)−42.52Shareholders’ equity190.47Debt to equity0.43Fiscal year 2023Cash38.77Total debt80.70Net cash (debt)−41.92Shareholders’ equity186.61Debt to equity0.43Fiscal year 2024Cash39.11Total debt76.44Net cash (debt)−37.33Shareholders’ equity178.31Debt to equity0.43Fiscal year 2025Cash30.22Total debt75.14Net cash (debt)−44.92Shareholders’ equity174.39Debt to equity0.43
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 19.13 20.31 26.74 18.06 31.83 36.97 40.25 38.77 39.11 30.22
Total debt 82.99 73.87 76.13 92.46 100.48 88.57 82.77 80.70 76.44 75.14
Net cash (debt) −63.86 −53.56 −49.39 −74.41 −68.65 −51.60 −42.52 −41.92 −37.33 −44.92
Shareholders’ equity 186.65 194.36 198.65 186.48 155.31 171.97 190.47 186.61 178.31 174.39
Debt to equity 0.44 0.38 0.38 0.50 0.65 0.52 0.43 0.43 0.43 0.43

In billions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In billions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
233.59 305.18 388.38 344.88 180.54 261.50 381.31 316.62 284.31 266.89
Growth +30.6% +27.3% −11.2% −47.7% +44.8% +45.8% −17.0% −10.2% −6.1%
1.01 0.92 0.99 0.96 0.91 0.82 1.08 1.29 1.10 1.17
12.10 10.51 11.36 10.49 9.88 11.33 12.88 13.43 12.44 12.61
5.61 18.13 35.62 25.49 −26.97 29.83 64.82 32.63 29.92 29.76
0.83 4.70 11.72 9.05 −5.43 9.20 21.94 12.99 13.40 11.64
4.58 12.98 23.35 15.84 −21.68 20.10 42.31 19.36 16.09 17.84
Growth +183.7% +79.9% −32.2% −236.9% +110.5% −54.2% −16.9% +10.8%
Per share
7,834 8,223 8,283 8,058 7,796 7,762 7,348 6,734 6,300 5,891
7,892 8,299 8,349 8,113 7,796 7,807 7,411 6,800 6,364 5,949
Growth +5.2% +0.6% −2.8% −3.9% +0.1% −5.1% −8.2% −6.4% −6.5%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 8.1% a year over five years.
  • The diluted share count fell 23.7% in five years, so buybacks did some of the work per share.
  • A net loss in 1 of 10 years on file.