Global energy company transitioning from traditional oil & gas to renewable energy solutions and clean technologies.
Profile & Fundamentals
Shell: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Shell Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
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Company and Market Context
Company Profile & Ownership
Shell plc operates as an energy and petrochemical company in Europe, Asia, Oceania, Africa, the United States, and other parts of the Americas. It operates through the following segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. The company explores for and extracts natural gas to produce liquefied natural gas or convert it into gas-to-liquids (GTL) fuels and other products; explores for and extracts crude oil, natural gas, and natural gas liquids; and operates marketing and transportation of oil, gas, and liquids, supported by the infrastructure required to deliver them to market or to process them within Shell's chemical manufacturing plants and refineries. It is also involved in marketing, which includes mobility, lubricants, and sectors focused on decarbonization; operates a retail network, including electric vehicle charging, convenience retail, and the wholesale commercial fuels business for transport and industry; sells products for road transport and machinery in manufacturing, mining, power generation, agriculture, and construction; and provides low-carbon energy solutions, such as biofuels, to a broad range of commercial customers, including those in the aviation, marine, and agriculture sectors. In addition, the company offers chemicals and products, including chemicals manufacturing plants with their own marketing network, and refineries that turn crude oil and other feedstocks into a range of oil products, which are moved and marketed around the world for domestic, industrial, and transport use; and operates a pipeline business, trading, and optimization of crude oil, oil products, and petrochemicals. The company was formerly known as Royal Dutch Shell plc and changed its name to Shell plc in January 2022. Shell plc was founded in 1897 and is headquartered in London, United Kingdom.
Company profile record
Shell plc
Common Stock · Energy · Oil & Gas Exploration & Production
Company
- Company / asset
- Shell plc
- Security type
- Common Stock
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- HQ
- 🇬🇧 United Kingdom
- Head office
- Shell Centre, London, United Kingdom, SE1 7NA
Leadership & scale
- Chief executive
- Mr. Wael Sawan
- CEO year born
- 1974
- Full-time employees
- 84K
- Fiscal year end
- December
Fundamentals snapshot
- Market Cap
- GBP 205.8B
- P/E
- 10.5x
- Revenue (Q2 26)
- USD 94.7B
- Profit (Q2 26)
- USD 10.8B
- Dividend Yield
- 6.2%
- Revenue (FY 25)
- USD 272.5B
- Shares in public float
- 5.4B
- Insider ownership
- 0.05%
Reporting & identifiers
- Symbol
- SHEL.LSE
- Listing
- 🇬🇧 United Kingdom | Dividend Tax: 0%
- Ticker Currency
- GBX
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- GB00BP6MXD84
- Asset ID
- equity_6314f72c-8248-561a-a27a-1b44bda37fde
Ownership
Shares Outstanding
Latest: 5.6B | Max: 8.4B | Min: 5.6B
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
96.36%
5.4B latest reported shares
Insider Ownership
0.05%
Latest reported insider stake
Short Float
4.41%
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2017-01-01 | 8,354,500,000 |
| 2018-01-01 | 8,289,400,000 |
| 2019-01-01 | 7,962,500,000 |
| 2020-01-01 | 7,784,400,000 |
| 2021-01-01 | 7,773,300,000 |
| 2022-01-01 | 7,127,200,000 |
| 2023-01-01 | 6,631,100,000 |
| 2024-01-01 | 6,213,900,000 |
| 2025-01-01 | 5,799,700,000 |
| 2026-01-01 | 5,637,000,000 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's financial results show a powerful earnings recovery, highlighted by twelve-month revenues reaching 295 billion dollars and operating income expanding to 39.5 billion dollars. Second-quarter 2026 profits surged dramatically as international energy supply disruptions lifted realized fuel prices and boosted natural gas trading profits. This performance confirms that restructuring away from low-margin power projects into premier oil and gas assets has structurally revitalized core operations. Crucially, headline profits are backed by genuine cash generation rather than paper accounting gains, generating 29.7 billion dollars in trailing free cash flow. While investors must recognize that part of recent cash flows reflected one-off geopolitical windfalls and working-capital timing, underlying earnings power remains solid, comfortably supporting ongoing dividends and large-scale share buybacks.
The company's financial results show a powerful earnings recovery, highlighted by twelve-month revenues reaching 295 billion dollars and operating income expanding to 39.5 billion dollars. Second-quarter 2026 profits surged dramatically as international energy supply disruptions lifted realized fuel prices and boosted natural gas trading profits. This performance confirms that restructuring away from low-margin power projects into premier oil and gas assets has structurally revitalized core operations. Crucially, headline profits are backed by genuine cash generation rather than paper accounting gains, generating 29.7 billion dollars in trailing free cash flow. While investors must recognize that part of recent cash flows reflected one-off geopolitical windfalls and working-capital timing, underlying earnings power remains solid, comfortably supporting ongoing dividends and large-scale share buybacks.
Revenue, Net Income, and Free Cash Flow
Latest: USD 272.5B | Max: USD 388.4B | Min: USD -21.7B
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 12x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins have expanded meaningfully, with operating margins rebounding toward thirteen percent alongside strong gross margins exceeding sixteen percent. This expansion has been driven by low-cost deepwater extraction in Brazil, premium liquefied gas contract pricing, and more than five billion dollars in structural operational cost cuts achieved since 2022. While refining and chemical division margins remain cyclically subdued due to new overseas manufacturing capacity, the immense profitability of the integrated gas and upstream divisions shields consolidated returns. Permanent operating efficiencies ensure the company captures wider margins per barrel than in past cycles, keeping returns on capital comfortably above historical industry averages.
Profitability margins have expanded meaningfully, with operating margins rebounding toward thirteen percent alongside strong gross margins exceeding sixteen percent. This expansion has been driven by low-cost deepwater extraction in Brazil, premium liquefied gas contract pricing, and more than five billion dollars in structural operational cost cuts achieved since 2022. While refining and chemical division margins remain cyclically subdued due to new overseas manufacturing capacity, the immense profitability of the integrated gas and upstream divisions shields consolidated returns. Permanent operating efficiencies ensure the company captures wider margins per barrel than in past cycles, keeping returns on capital comfortably above historical industry averages.
Profitability Margins
Latest: 16.7% | Max: 20.7% | Min: -14.1%
Latest Profitability Ratios as of 2025-12-31
Gross Margin
16.7%
Gross profit / revenue
Operating Margin
11.5%
Operating income / revenue
Net Margin
6.7%
Net income / revenue
FCF Margin
8.2%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
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| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2016-12-31 | 233,591,000,000 | 4,575,000,000 | -1,501,000,000 |
| 2017-12-31 | 305,179,000,000 | 12,977,000,000 | 14,805,000,000 |
| 2018-12-31 | 388,379,000,000 | 23,352,000,000 | 30,074,000,000 |
| 2019-12-31 | 344,877,000,000 | 15,842,000,000 | 19,207,000,000 |
| 2020-12-31 | 180,543,000,000 | -21,680,000,000 | 17,520,000,000 |
| 2021-12-31 | 261,504,000,000 | 20,101,000,000 | 26,105,000,000 |
| 2022-12-31 | 381,314,000,000 | 42,309,000,000 | 45,813,000,000 |
| 2023-12-31 | 316,620,000,000 | 19,359,000,000 | 31,198,000,000 |
| 2024-12-31 | 284,312,000,000 | 16,094,000,000 | 35,086,000,000 |
| 2025-12-31 | 272,485,350,000 | 18,212,247,000 | 22,224,699,000 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
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| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2025-12-31 | 12.02 | Trailing four quarters |
| 2024-12-31 | 11.95 | Trailing four quarters |
| 2023-12-31 | 11.19 | Trailing four quarters |
| 2022-12-31 | 4.74 | Annual net income |
| 2021-12-31 | 8.47 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2016-12-31 | 7.53 | 1.01 | 1.96 | -0.64 |
| 2017-12-31 | 9.46 | 5.07 | 4.25 | 4.85 |
| 2018-12-31 | 11.55 | 8.03 | 6.01 | 7.74 |
| 2019-12-31 | 10.66 | 6.65 | 4.59 | 5.57 |
| 2020-12-31 | -7.2 | -14.14 | -12.01 | 9.7 |
| 2021-12-31 | 13.71 | 8.52 | 7.69 | 9.98 |
| 2022-12-31 | 20.66 | 16.55 | 11.1 | 12.01 |
| 2023-12-31 | 14.91 | 9.71 | 6.11 | 9.85 |
| 2024-12-31 | 16.16 | 10.55 | 5.66 | 12.34 |
| 2025-12-31 | 16.67 | 11.51 | 6.68 | 8.16 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-10-01.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
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