Shell plc logo

Shell plc

SHEL

NYSEEnergyOil & Gas Integrated

Previous close

$93.33

−$0.32 · -0.34%

Aug 21, 4:00 PM ET

Pre-market

$92.79

−$0.54 · -0.58%

Aug 24, 7:52 AM ET

SHEL company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Buy

Favorable setup — positive multi-factor alignment

Valuation

93

Deep Value

Momentum

42

Neutral

Sentiment

66

Bullish

Risk resilience

81

Low Risk

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Company profile

Company website

Shell plc, a distinguished energy and petrochemical corporation, is headquartered in London, United Kingdom, and was originally founded in 1907. Known as Royal Dutch Shell plc until its name change in January 2022, the company maintains a formidable global presence, conducting operations across Europe, Asia, Oceania, Africa, and both North and South America. Its comprehensive business activities are categorized into several key divisions: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. Shell's core operations involve the exploration for and extraction of crude oil, natural gas, and natural gas liquids. Beyond production, the company is deeply involved in the marketing, transportation, and strategic infrastructure development required to deliver these energy resources to consumers. This includes the manufacturing of gas-to-liquids fuels and a variety of other refined products. Shell also operates a substantial trading arm, dealing in commodities such as natural gas, liquefied natural gas (LNG), crude oil, electricity, and carbon emission rights. Its refining capabilities convert crude oil and various feedstocks into a wide range of essential products, including gasoline, diesel, aviation and marine fuels, lubricants, bitumen, and sulfur, while also developing low-carbon fuel alternatives. In the chemical sector, Shell is a significant producer of petrochemicals for industrial use, manufacturing base chemicals like ethylene, propylene, and aromatics, alongside intermediate chemicals such as styrene monomer, propylene oxide, and various solvents. The company also manages oil sands assets. Looking to the future of energy, Shell is actively investing in and developing renewable solutions. This includes generating electricity from wind and solar power, pioneering hydrogen production and sales, and establishing a network of electric vehicle charging services. Furthermore, Shell promotes LNG as a viable fuel source for heavy-duty transportation.

Industry
Oil & Gas Integrated
Sector
Energy
Headquarters
GB
CEO
Wael Sawan
Listed since
Oct 31, 1994
Employees
84,000

Market position

Day range

Current $93.33

52-week range

Current $93.33

Open
$93.87
Previous close
$93.65
Volume
3.31M
0.48× average
Average volume
6.94M
Average daily volume
Market cap
260.21B USD
Beta
-0.22
Market reference 1
50-day average
$85.0806
+9.70% above average
200-day average
$82.4253
+13.23% above average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

P/E (TTM)
10.14×
P/B (TTM)
1.42×
P/S (TTM)
0.87×
Dividend yield
3.31%

Profitability & efficiency

Gross margin
17.94%
Operating margin
13.37%
Net margin
8.75%

Financial health

Debt / equity
0.4×

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends22%16%10%4%Gross margin, FY2021: 13.71%Gross margin, FY2022: 20.66%Gross margin, FY2023: 14.91%Gross margin, FY2024: 16.16%Gross margin, FY2025: 15.92%Operating margin, FY2021: 8.52%Operating margin, FY2022: 16.55%Operating margin, FY2023: 9.71%Operating margin, FY2024: 10.55%Operating margin, FY2025: 10.33%Net margin, FY2021: 7.69%Net margin, FY2022: 11.10%Net margin, FY2023: 6.11%Net margin, FY2024: 5.66%Net margin, FY2025: 6.68%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.71%. Gross margin FY2022 20.66%. Gross margin FY2023 14.91%. Gross margin FY2024 16.16%. Gross margin FY2025 15.92%. Operating margin FY2021 8.52%. Operating margin FY2022 16.55%. Operating margin FY2023 9.71%. Operating margin FY2024 10.55%. Operating margin FY2025 10.33%. Net margin FY2021 7.69%. Net margin FY2022 11.10%. Net margin FY2023 6.11%. Net margin FY2024 5.66%. Net margin FY2025 6.68%.

Income trends

Revenue

266.89B USD-6.13%

Operating income

27.58B USD-8.04%

Net income

17.84B USD+10.83%
Income trends across reported periods417.84B USD271.75B USD125.66B USD−20.43B USDRevenue, FY2021: 261.5B USDRevenue, FY2022: 381.31B USDRevenue, FY2023: 316.62B USDRevenue, FY2024: 284.31B USDRevenue, FY2025: 266.89B USDOperating income, FY2021: 22.28B USDOperating income, FY2022: 63.11B USDOperating income, FY2023: 30.74B USDOperating income, FY2024: 29.99B USDOperating income, FY2025: 27.58B USDNet income, FY2021: 20.1B USDNet income, FY2022: 42.31B USDNet income, FY2023: 19.36B USDNet income, FY2024: 16.09B USDNet income, FY2025: 17.84B USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 261.5B USD. Revenue FY2022 381.31B USD. Revenue FY2023 316.62B USD. Revenue FY2024 284.31B USD. Revenue FY2025 266.89B USD. Operating income FY2021 22.28B USD. Operating income FY2022 63.11B USD. Operating income FY2023 30.74B USD. Operating income FY2024 29.99B USD. Operating income FY2025 27.58B USD. Net income FY2021 20.1B USD. Net income FY2022 42.31B USD. Net income FY2023 19.36B USD. Net income FY2024 16.09B USD. Net income FY2025 17.84B USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue266.89B USD284.31B USD316.62B USD381.31B USD261.5B USD
Cost of goods sold224.39B USD238.37B USD269.41B USD302.54B USD225.66B USD
Gross profit42.5B USD45.94B USD47.21B USD78.78B USD35.85B USD
Research and development1.17B USD1.1B USD1.29B USD1.08B USD815M USD
Selling, general, and administrative12.61B USD12.44B USD13.43B USD12.88B USD11.33B USD
Operating expenses14.91B USD15.95B USD16.47B USD15.67B USD13.57B USD
Interest income1.96B USD2.37B USD2.57B USD1.05B USD539M USD
Interest expense4.74B USD4.86B USD4.63B USD5.35B USD3.61B USD
Depreciation and amortization22.17B USD22.7B USD23.11B USD22.39B USD23.07B USD
Operating income27.58B USD29.99B USD30.74B USD63.11B USD22.28B USD
Net income17.84B USD16.09B USD19.36B USD42.31B USD20.1B USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
82%
9 beats, 2 misses, 0 met estimates
Average EPS surprise
+11.96%
11 comparable reports
Latest EPS result
3.52
Estimate 3.23 · Beat by 8.98%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates3.712.791.880.96Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25BeatQ1 '26MissQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 1.2, estimate 1.74, surprise -31.03%, Miss. Q2 2025, reported May 2, 2025: actual 1.84, estimate 1.54, surprise +19.48%, Beat. Q3 2025, reported Jul 31, 2025: actual 1.42, estimate 1.13, surprise +25.66%, Beat. Q4 2025, reported Oct 30, 2025: actual 1.86, estimate 1.72, surprise +8.14%, Beat. Q1 2026, reported Feb 5, 2026: actual 1.14, estimate 1.21, surprise -5.79%, Miss. Q2 2026, reported May 7, 2026: actual 2.44, estimate 2.14, surprise +14.02%, Beat. Q3 2026, reported Jul 30, 2026: actual 3.52, estimate 3.23, surprise +8.98%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 2.84, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates98.45B85.25B72.06B58.86BQ1 '25BeatQ2 '25MissQ3 '25MissQ4 '25BeatQ1 '26BeatQ2 '26MissQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Jan 30, 2025: actual 66.28B USD, estimate 65.02B USD, surprise +1.94%, Beat. Q2 2025, reported May 2, 2025: actual 69.23B USD, estimate 70.86B USD, surprise -2.29%, Miss. Q3 2025, reported Jul 31, 2025: actual 65.41B USD, estimate 70.23B USD, surprise -6.87%, Miss. Q4 2025, reported Oct 30, 2025: actual 67.74B USD, estimate 67.73B USD, surprise +0.02%, Beat. Q1 2026, reported Feb 5, 2026: actual 64.09B USD, estimate 62.64B USD, surprise +2.31%, Beat. Q2 2026, reported May 7, 2026: actual 69.69B USD, estimate 77.54B USD, surprise -10.12%, Miss. Q3 2026, reported Jul 30, 2026: actual 94.66B USD, estimate 86.22B USD, surprise +9.79%, Beat. Q4 2026, reported Oct 29, 2026: actual —, estimate 83.76B USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

13 ratings
Strong buy00%
Buy862%
Hold538%
Sell00%
Strong sell00%

Recent analyst actions

11 institutions
JefferiesmaintainBuy
UBSdowngradeBuyNeutral
HSBCdowngradeBuyHold

SHEL news

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$2.864

2025 complete year+74.6% since 2021

2026 partial: $2.3064

* Partial calendar year in the available dividend history.

Corporate action history

Dividend

Ex-dividend Aug 14, 2026

$0.7812

Quarterly

Record Aug 14, 2026 · Payment Sep 21, 2026

Dividend

Ex-dividend May 22, 2026

$0.7812

Quarterly

Record May 22, 2026 · Payment Jun 29, 2026

Dividend

Ex-dividend Feb 20, 2026

$0.744

Quarterly

Record Feb 20, 2026 · Payment Mar 30, 2026

Dividend

Ex-dividend Nov 14, 2025

$0.716

Quarterly

Record Nov 14, 2025 · Payment Dec 18, 2025

Dividend

Ex-dividend Aug 15, 2025

$0.716

Quarterly

Record Aug 15, 2025 · Payment Sep 22, 2025

Dividend

Ex-dividend May 16, 2025

$0.716

Quarterly

Record May 16, 2025 · Payment Jun 23, 2025

SHEL peers

ETFs holding SHEL

Funds reporting this stock among their holdings, ordered by reported position size.

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