Shell PLC Financials

SHELL Stock

32.44 0.21 0.65%

Financial data analysis helps to confirm if markets are presently mispricing Shell PLC. We were able to analyze thirty available drivers for Shell PLC, which can be compared to its competition. The stock experiences a moderate upward volatility. Check odds of Shell PLC to be traded at 35.68 in 90 days.

Historical analysis of Shell PLC income statement accounts such as Gross Profit of 35.7 B, Other Operating Expenses of 307.4 B, Operating Income of 27.7 B or Ebit of 32 B can show how well Shell PLC performed in making a profits. Evaluating Shell PLC income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Shell PLC's future profits or losses.

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Shell PLC Income Statement Chart

At present, Shell PLC's Total Revenue is projected to decrease significantly based on the last few years of reporting. The current year's Other Operating Expenses is expected to grow to about 307.4 B, whereas Depreciation And Amortization is forecasted to decline to about 20.4 B.

Selling General Administrative Selling And Marketing Expenses Total Revenue Other Operating Expenses

Key indicators impacting Shell PLC's financial strength include:

Current Value

Last Year

Change From Last Year

10 Year Trend

Debt Equity Ratio

0.25

0.39

Way Down

Slightly volatile

Current Ratio

0.91

1.21

Way Down

Slightly volatile

Please note, the presentation of Shell PLC's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Shell PLC's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Shell PLC's management manipulating its earnings.

Shell PLC Stock Summary

Shell PLC competes with Koninklijke Ahold, Unilever PLC, ING Groep, ASML Holding, and Koninklijke Philips. Shell PLC is entity of Netherlands. It is traded as Stock on AS exchange.

Foreign Associate	Czech Republic
Specialization	Energy, Oil & Gas Integrated
Instrument	Netherlands Stock View All
Exchange	Euronext Amsterdam
ISIN	GB00BP6MXD84
Business Address	Shell Centre, London,
Sector	Oil, Gas & Consumable Fuels
Industry	Energy
Benchmark	Dow Jones Industrial
Website	www.shell.com
Phone	44 20 7934 1234

You should never invest in Shell PLC without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Shell Stock, because this is throwing your money away. Analyzing the key information contained in Shell PLC's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Shell PLC Key Financial Ratios

Shell PLC's financial ratios allow both analysts and investors to convert raw data from Shell PLC's financial statements into concise, actionable information that can be used to evaluate the performance of Shell PLC over time and compare it to other companies across industries.

	Return On Equity	0.0815
	Profit Margin	0.05 %
	Operating Margin	0.11 %
	Price To Sales	0.68 X
	Revenue	284.31 B

More Fundamentals

Shell PLC Key Balance Sheet Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Assets	404.4B	443.0B	406.3B	387.6B	445.7B	325.4B
Other Current Liab	49.9B	64.8B	44.3B	18.0B	20.7B	26.2B
Net Debt	52.1B	43.5B	42.9B	42.7B	49.1B	32.3B
Accounts Payable	34.1B	42.6B	34.6B	60.7B	69.8B	41.7B
Cash	37.0B	40.2B	38.8B	39.1B	45.0B	47.2B
Inventory	25.3B	31.9B	26.0B	23.4B	26.9B	22.9B
Other Current Assets	31.6B	54.3B	32.9B	19.5B	22.5B	42.0B
Total Liab	229.1B	250.4B	217.9B	207.4B	238.6B	171.2B
Total Current Assets	128.8B	165.9B	134.1B	127.9B	147.1B	100.2B
Short Term Debt	8.2B	9.0B	10.0B	16.3B	18.8B	9.6B
Other Liab	52.9B	55.9B	52.6B	54.3B	62.5B	37.1B
Retained Earnings	153.0B	169.5B	165.9B	158.8B	182.7B	151.1B
Other Assets	(1M)	1M	28.8B	25.5B	29.3B	17.9B
Long Term Debt	57.5B	51.5B	48.5B	41.5B	47.7B	36.3B
Net Receivables	34.9B	39.5B	36.5B	45.9B	52.7B	37.4B
Intangible Assets	9.8B	9.7B	10.3B	9.5B	10.9B	6.7B
Good Will	14.9B	16.0B	16.7B	16.0B	18.4B	19.4B
Common Stock	641M	584M	544M	510M	459M	436.1M
Net Tangible Assets	163.0B	132.6B	147.3B	164.8B	148.3B	127.7B
Short Long Term Debt	4.1B	4.6B	5.3B	6.9B	6.2B	5.9B

Shell PLC Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket.

	2021	2022	2023	2024	2025	2026 (projected)
Total Revenue	261.5B	381.3B	316.6B	284.3B	327.0B	329.1B
Gross Profit	35.8B	78.8B	47.2B	45.9B	41.3B	35.7B
Operating Income	27.4B	67.4B	30.7B	30.0B	34.5B	27.7B
Ebit	33.4B	68.1B	37.3B	34.2B	39.3B	32.0B
Research Development	815M	1.1B	1.3B	1.1B	989.1M	937.2M
Ebitda	60.4B	86.6B	68.5B	58.5B	67.3B	52.4B
Cost Of Revenue	225.7B	302.5B	269.4B	238.4B	274.1B	280.3B
Income Before Tax	29.8B	64.8B	32.6B	29.9B	34.4B	31.1B
Net Income	20.1B	42.3B	19.4B	16.1B	18.5B	18.1B
Income Tax Expense	9.2B	21.9B	13.0B	13.4B	12.1B	9.4B
Interest Expense	3.6B	3.2B	4.6B	4.9B	5.6B	5.9B
Minority Interest	(529M)	(565M)	(277M)	(427M)	(491.1M)	(466.5M)
Tax Provision	9.2B	21.9B	13.0B	13.4B	15.4B	8.4B
Interest Income	852M	398M	2.3B	2.4B	2.1B	1.3B
Net Interest Income	(2.8B)	(2.8B)	(1.6B)	(2.5B)	(2.9B)	(3.0B)

Shell PLC Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Shell PLC. It measures of how well Shell is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Shell PLC brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Shell had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Shell PLC has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (capital allocation) and investing in non-business activities like paying off debt or making acquisitions.

	2021	2022	2023	2024	2025	2026 (projected)
Change To Inventory	(7.3B)	(8.4B)	6.3B	1.3B	1.5B	1.5B
Change In Cash	5.1B	3.3B	(1.5B)	336M	386.4M	367.1M
Free Cash Flow	26.1B	45.8B	31.2B	35.1B	40.3B	42.4B
Depreciation	26.9B	22.4B	31.3B	24.3B	28.0B	20.5B
Other Non Cash Items	(1.3B)	(13.4B)	(15.9B)	6.4B	7.4B	7.7B
Capital Expenditures	19B	22.6B	23.0B	19.6B	22.5B	23.3B
Net Income	29.8B	64.8B	19.4B	16.1B	18.5B	22.3B
End Period Cash Flow	37.0B	40.2B	38.8B	39.1B	45.0B	47.2B
Dividends Paid	6.3B	7.4B	8.4B	8.7B	10.0B	9.8B
Investments	183M	(22.4B)	(19.0B)	(15.2B)	(13.6B)	(13.0B)
Net Borrowings	(19.7B)	(7.9B)	(9.8B)	(9.6B)	(8.7B)	(8.2B)
Change To Netincome	1.7B	5.2B	10.3B	13.4B	15.4B	16.1B

Shell Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Shell PLC's current stock value. Our valuation model uses many indicators to compare Shell PLC value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Shell PLC competition to find correlations between indicators driving Shell PLC's intrinsic value. More Info.

Shell PLC is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 0.60 of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Shell PLC is roughly 1.66 . At present, Shell PLC's Return On Equity is projected to increase slightly based on the last few years of reporting. Comparative valuation analysis is a catch-all model that can be used if you cannot value Shell PLC by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Shell PLC's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued.

Shell PLC Total Assets Over Time

Most accounts from Shell PLC's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Shell PLC current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Shell PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

	2023	2024	2025	2026 (projected)
EBITDA	68.5B	58.5B	67.3B	52.4B
Research Development	1.3B	1.1B	989.1M	937.2M

Ebitda Research Development

Shell PLC income statement Correlations

	Depreciation And Amortization	Selling General Administrative	Selling And Marketing Expenses	Total Revenue	Gross Profit	Other Operating Expenses	Operating Income	Ebit	Research Development	Ebitda	Cost Of Revenue	Total Operating Expenses	Income Before Tax	Total Other Income Expense Net	Net Income	Income Tax Expense	Interest Expense	Minority Interest	Net Income From Continuing Ops	Non Recurring	Tax Provision	Interest Income	Net Interest Income	Reconciled Depreciation	Extraordinary Items
Depreciation And Amortization		0.09	0.44	-0.31	-0.59	-0.23	-0.53	-0.57	-0.52	-0.17	-0.22	0.06	-0.61	-0.26	-0.61	-0.56	0.51	0.42	-0.62	-0.44	-0.11	-0.42	0.04	0.8	0.04
Selling General Administrative	0.09		0.81	0.79	0.52	0.8	0.47	0.56	-0.63	0.71	0.79	0.29	0.54	0.13	0.49	0.58	0.28	-0.22	0.17	-0.01	0.2	0.09	0.19	-0.1	0.21
Selling And Marketing Expenses	0.44	0.81		0.51	0.25	0.53	0.25	0.3	-0.78	0.58	0.54	0.08	0.26	-0.12	0.24	0.26	0.42	0.14	0.02	-0.3	0.25	-0.12	0.12	0.05	0.18
Total Revenue	-0.31	0.79	0.51		0.75	0.99	0.68	0.77	-0.32	0.76	0.99	0.18	0.78	0.14	0.72	0.84	-0.06	-0.1	0.42	0.19	0.13	0.15	0.0	-0.39	0.01
Gross Profit	-0.59	0.52	0.25	0.75		0.63	0.97	0.99	-0.05	0.88	0.64	0.24	0.99	0.39	0.97	0.94	-0.02	-0.45	0.87	-0.02	0.6	0.0	0.31	-0.65	0.03
Other Operating Expenses	-0.23	0.8	0.53	0.99	0.63		0.55	0.66	-0.34	0.67	1.0	0.15	0.67	0.07	0.6	0.75	-0.09	-0.01	0.28	0.25	0.0	0.18	-0.08	-0.31	-0.02
Operating Income	-0.53	0.47	0.25	0.68	0.97	0.55		0.98	-0.13	0.9	0.55	0.15	0.97	0.41	0.97	0.89	0.13	-0.42	0.89	-0.18	0.71	-0.18	0.28	-0.58	0.15
Ebit	-0.57	0.56	0.3	0.77	0.99	0.66	0.98		-0.14	0.91	0.66	0.19	1.0	0.42	0.99	0.94	0.05	-0.42	0.85	-0.07	0.6	-0.04	0.28	-0.62	0.12
Research Development	-0.52	-0.63	-0.78	-0.32	-0.05	-0.34	-0.13	-0.14		-0.44	-0.35	0.14	-0.11	0.2	-0.14	-0.01	-0.66	-0.28	0.07	0.47	-0.25	0.47	0.03	-0.19	-0.18
Ebitda	-0.17	0.71	0.58	0.76	0.88	0.67	0.9	0.91	-0.44		0.68	0.26	0.89	0.37	0.87	0.84	0.32	-0.29	0.69	-0.31	0.66	-0.26	0.36	-0.33	0.16
Cost Of Revenue	-0.22	0.79	0.54	0.99	0.64	1.0	0.55	0.66	-0.35	0.68		0.15	0.67	0.06	0.6	0.75	-0.09	0.01	0.28	0.24	0.0	0.18	-0.07	-0.31	-0.04
Total Operating Expenses	0.06	0.29	0.08	0.18	0.24	0.15	0.15	0.19	0.14	0.26	0.15		0.18	0.2	0.16	0.23	0.06	-0.32	0.13	0.05	0.15	0.27	0.78	0.0	-0.11
Income Before Tax	-0.61	0.54	0.26	0.78	0.99	0.67	0.97	1.0	-0.11	0.89	0.67	0.18		0.43	0.99	0.95	0.0	-0.44	0.84	-0.02	0.57	-0.01	0.26	-0.63	0.11
Total Other Income Expense Net	-0.26	0.13	-0.12	0.14	0.39	0.07	0.41	0.42	0.2	0.37	0.06	0.2	0.43		0.35	0.52	-0.06	-0.69	0.2	0.01	0.18	0.02	0.33	0.13	0.2
Net Income	-0.61	0.49	0.24	0.72	0.97	0.6	0.97	0.99	-0.14	0.87	0.6	0.16	0.99	0.35		0.89	0.04	-0.39	0.9	-0.08	0.63	-0.08	0.28	-0.7	0.08
Income Tax Expense	-0.56	0.58	0.26	0.84	0.94	0.75	0.89	0.94	-0.01	0.84	0.75	0.23	0.95	0.52	0.89		-0.13	-0.46	0.68	0.11	0.37	0.12	0.22	-0.51	0.02
Interest Expense	0.51	0.28	0.42	-0.06	-0.02	-0.09	0.13	0.05	-0.66	0.32	-0.09	0.06	0.0	-0.06	0.04	-0.13		0.1	0.04	-0.78	0.57	-0.54	0.27	0.33	0.52
Minority Interest	0.42	-0.22	0.14	-0.1	-0.45	-0.01	-0.42	-0.42	-0.28	-0.29	0.01	-0.32	-0.44	-0.69	-0.39	-0.46	0.1		-0.4	-0.21	-0.3	-0.22	-0.41	0.2	-0.31
Net Income From Continuing Ops	-0.62	0.17	0.02	0.42	0.87	0.28	0.89	0.85	0.07	0.69	0.28	0.13	0.84	0.2	0.9	0.68	0.04	-0.4		-0.18	0.77	-0.15	0.34	-0.76	0.09
Non Recurring	-0.44	-0.01	-0.3	0.19	-0.02	0.25	-0.18	-0.07	0.47	-0.31	0.24	0.05	-0.02	0.01	-0.08	0.11	-0.78	-0.21	-0.18		-0.6	0.63	-0.3	-0.23	-0.22
Tax Provision	-0.11	0.2	0.25	0.13	0.6	0.0	0.71	0.6	-0.25	0.66	0.0	0.15	0.57	0.18	0.63	0.37	0.57	-0.3	0.77	-0.6		-0.45	0.51	-0.33	0.34
Interest Income	-0.42	0.09	-0.12	0.15	0.0	0.18	-0.18	-0.04	0.47	-0.26	0.18	0.27	-0.01	0.02	-0.08	0.12	-0.54	-0.22	-0.15	0.63	-0.45		0.13	-0.31	-0.06
Net Interest Income	0.04	0.19	0.12	0.0	0.31	-0.08	0.28	0.28	0.03	0.36	-0.07	0.78	0.26	0.33	0.28	0.22	0.27	-0.41	0.34	-0.3	0.51	0.13		-0.11	-0.01
Reconciled Depreciation	0.8	-0.1	0.05	-0.39	-0.65	-0.31	-0.58	-0.62	-0.19	-0.33	-0.31	0.0	-0.63	0.13	-0.7	-0.51	0.33	0.2	-0.76	-0.23	-0.33	-0.31	-0.11		0.16
Extraordinary Items	0.04	0.21	0.18	0.01	0.03	-0.02	0.15	0.12	-0.18	0.16	-0.04	-0.11	0.11	0.2	0.08	0.02	0.52	-0.31	0.09	-0.22	0.34	-0.06	-0.01	0.16

Click cells to compare fundamentals

Shell PLC Account Relationship Matchups

Shell PLC income statement Accounts

	2021	2022	2023	2024	2025	2026 (projected)
Total Revenue	261.5B	381.3B	316.6B	284.3B	327.0B	329.1B
Gross Profit	35.8B	78.8B	47.2B	45.9B	41.3B	35.7B
Operating Income	27.4B	67.4B	30.7B	30.0B	34.5B	27.7B
Ebit	33.4B	68.1B	37.3B	34.2B	39.3B	32.0B
Research Development	815M	1.1B	1.3B	1.1B	989.1M	937.2M
Ebitda	60.4B	86.6B	68.5B	58.5B	67.3B	52.4B
Cost Of Revenue	225.7B	302.5B	269.4B	238.4B	274.1B	280.3B
Income Before Tax	29.8B	64.8B	32.6B	29.9B	34.4B	31.1B
Net Income	20.1B	42.3B	19.4B	16.1B	18.5B	18.1B
Income Tax Expense	9.2B	21.9B	13.0B	13.4B	12.1B	9.4B
Interest Expense	3.6B	3.2B	4.6B	4.9B	5.6B	5.9B
Minority Interest	(529M)	(565M)	(277M)	(427M)	(491.1M)	(466.5M)
Tax Provision	9.2B	21.9B	13.0B	13.4B	15.4B	8.4B
Interest Income	852M	398M	2.3B	2.4B	2.1B	1.3B
Net Interest Income	(2.8B)	(2.8B)	(1.6B)	(2.5B)	(2.9B)	(3.0B)

Today, most investors in Shell PLC Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Shell PLC's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Shell PLC growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(1.26)

At present, Shell PLC's Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Shell PLC February 4, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Shell PLC help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Shell PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Shell PLC based on widely used predictive technical indicators. In general, we focus on analyzing Shell Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Shell PLC's daily price indicators and compare them against related drivers.

	Downside Deviation	1.29
	Information Ratio	(0.04)
	Maximum Drawdown	5.24
	Value At Risk	(2.06)
	Potential Upside	1.79

Complementary Tools for Shell Stock analysis

When running Shell PLC's price analysis, check to measure Shell PLC's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Shell PLC is operating at the current time. Most of Shell PLC's value examination focuses on studying past and present price action to predict the probability of Shell PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Shell PLC's price. Additionally, you may evaluate how the addition of Shell PLC to your portfolios can decrease your overall portfolio volatility.

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Shell PLC Financials

Shell PLC Income Statement Chart

Shell PLC Stock Summary

Shell PLC Key Financial Ratios

Shell PLC Key Balance Sheet Accounts

Shell PLC Key Income Statement Accounts

Shell PLC Key Cash Accounts

Shell Financial Ratios Relationships

Shell PLC Total Assets Over Time

Shell PLC income statement Correlations

Shell PLC Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Shell PLC income statement Accounts

Price Earnings To Growth Ratio

(1.26)

Shell PLC February 4, 2026 Opportunity Range

Complementary Tools for Shell Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Cost Of Revenue	+ 1.0	Other Operating Expenses
Income Before Tax	+ 1.0	Ebit
Other Operating Expenses	+ 0.99	Total Revenue
Cost Of Revenue	+ 0.99	Total Revenue
Ebit	+ 0.99	Gross Profit
Income Before Tax	+ 0.99	Gross Profit

Non Recurring	- 0.78	Interest Expense
Research Development	- 0.78	Selling And Marketing Expenses
Reconciled Depreciation	- 0.76	Net Income From Continuing Ops
Reconciled Depreciation	- 0.7	Net Income
Minority Interest	- 0.69	Total Other Income Expense Net
Interest Expense	- 0.66	Research Development