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Shell plc (SHEL)

Shell plc reported revenue of $266.9B in fiscal 2025, down 6.1% from a year earlier. Net income was $17.8B, a net margin of 6.7%. At December 31, 2025 it held $30.2B in cash against $75.6B of debt.

Price
$95.78
+0.19% on the day · September 25, 2026
52-week range $68.63 to $99.16
Market cap
$272.5B
Revenue (FY2025)
$266.9B
-6.1% year on year
Net margin
6.7%

What Shell plc does

Shell is an energy and petrochemical company that explores for, extracts, refines, and markets crude oil and natural gas. It also produces chemicals, generates renewable power, and operates retail fuel stations. Its customers include motorists, airlines, industrial firms, and utility providers. Its shares trade on NYSE under the ticker SHEL.

Revenue and profit by year

Revenue
FY18: $388.4B $388.4B FY18FY19: $344.9B $344.9B FY19FY20: $180.5B $180.5B FY20FY21: $261.5B $261.5B FY21FY22: $381.3B $381.3B FY22FY23: $316.6B $316.6B FY23FY24: $284.3B $284.3B FY24FY25: $266.9B $266.9B FY25
Net income
FY18: $23.4B $23.4B FY18FY19: $15.8B $15.8B FY19FY20: -$21.7B -$21.7B FY20FY21: $20.1B $20.1B FY21FY22: $42.3B $42.3B FY22FY23: $19.4B $19.4B FY23FY24: $16.1B $16.1B FY24FY25: $17.8B $17.8B FY25

Fiscal years as reported in annual reports. Amounts in USD.

Key figures

Fiscal yearRevenueOperating incomeNet incomeDiluted EPSFree cash flow
2025$266.9Bn/a$17.8Bn/an/a
2024$284.3Bn/a$16.1Bn/an/a
2023$316.6Bn/a$19.4Bn/an/a
2022$381.3Bn/a$42.3Bn/an/a
2021$261.5Bn/a$20.1Bn/an/a
2020$180.5Bn/a-$21.7Bn/an/a

Full financial statements: income, balance sheet and cash flow

Where SHEL ranks in Energy

Revenue$266.9B
#1 of 146 in Energy · Top 1%
Revenue growth-6.1%
#103 of 146 in Energy · Bottom 30%
Net margin6.7%
#61 of 147 in Energy · Top 41%

Latest fiscal year of every company in the sector with the figure reported. Revenue is ranked among companies reporting in US dollars; growth and margins among companies with at least 10 million of revenue. Energy

Dividends

It paid out $8.6B in cash dividends, 48% of its net income.

Fiscal yearPer sharePaid outOf profit
2025n/a$8.6B48%
2024n/a$9B56%
2023n/a$9.2B47%
2022n/a$7.5B18%
2021n/a$6.7B33%
2020n/a$7.6Bn/a

Per share as declared (or paid, where only that is reported), adjusted for stock splits the company itself restated. Yield is the latest fiscal year's dividend over the current price.

Latest SEC filings

What Shell plc has filed recently, newest first. Each links to the original document on SEC EDGAR.

  1. September 14, 2026
  2. September 3, 2026
  3. September 1, 2026
  4. September 1, 2026
  5. September 1, 2026
  6. August 5, 2026
  7. August 3, 2026
  8. July 31, 2026
  9. July 30, 2026
  10. July 30, 2026

All filings on SEC EDGAR

Questions about SHEL

What does Shell plc do?

Shell is an energy and petrochemical company that explores for, extracts, refines, and markets crude oil and natural gas. It also produces chemicals, generates renewable power, and operates retail fuel stations. Its customers include motorists, airlines, industrial firms, and utility providers. Its shares trade on NYSE under the ticker SHEL.

Is Shell plc profitable?

Yes. In fiscal 2025 it reported net income of $17.8B on revenue of $266.9B, a net margin of 6.7%.

How much revenue does Shell plc make?

In fiscal 2025 Shell plc reported revenue of $266.9B. That is 6.1% less than a year earlier.

When did Shell plc last report?

Its newest filing of any kind is the delisting notice from September 14, 2026.

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Where the numbers come from

Financial figures are the values Shell plc tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.

Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.