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.
Key facts about Shell plc
- Net worth
- Shell plc has a market value (market cap) of $274.6B at the latest share price, and shareholders' equity of $174.4B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $266.9B (-6.1% year on year), with net income of $17.8B.
- Cash flow
- In fiscal 2025 operations brought in $42.9B of cash.
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
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $266.9B | $17.8B | n/a | n/a |
| 2024 | $284.3B | $16.1B | n/a | n/a |
| 2023 | $316.6B | $19.4B | n/a | n/a |
| 2022 | $381.3B | $42.3B | n/a | n/a |
| 2021 | $261.5B | $20.1B | n/a | n/a |
| 2020 | $180.5B | -$21.7B | n/a | n/a |
Full financial statements: income, balance sheet and cash flow
Where SHEL ranks in Energy
Dividends
It paid out $8.6B in cash dividends, 48% of its net income.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | n/a | $8.6B | 48% |
| 2024 | n/a | $9B | 56% |
| 2023 | n/a | $9.2B | 47% |
| 2022 | n/a | $7.5B | 18% |
| 2021 | n/a | $6.7B | 33% |
| 2020 | n/a | $7.6B | n/a |
Latest SEC filings
What Shell plc has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 14, 2026Delisting notice 25-NSE
- September 3, 2026
- September 1, 2026
- September 1, 2026
- September 1, 2026
- August 5, 2026
- August 3, 2026
- July 31, 2026
- July 30, 2026
- July 30, 2026
Insider trades
What the people running Shell plc did with its shares, from the Form 4 filings they must send the SEC within two business days.
No insider trades were reported in the last 90 days.
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.
What is Shell plc's net worth?
Shell plc has a market value (market cap) of $274.6B at the latest share price, and shareholders' equity of $174.4B on its balance sheet at December 31, 2025. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
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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Follow SHEL: get an email when it filesWhere 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.