Shell
3,596.50 GBpChange from previous close: +0.21%Absolute change: +7.50 GBp
At a glance
- Revenue growth
- −6.13%
- 2025 vs 2024
- Net income growth
- +10.83%
- 2025 vs 2024
- Net margin
- 6.7%
- 2024: 5.7%
Financial data
Amounts in millions of USD; per-share values in USD; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating cash flow | 42,863 | 54,687 | 54,191 | 68,414 | 45,104 |
| Depreciation and amortization | 23,424 | 25,034 | 28,265 | 18,188 | 25,029 |
| Capital expenditure | -18,947 | -19,601 | -22,993 | -22,600 | -19,000 |
| Investing cash flow | -16,811 | -15,155 | -17,734 | -22,448 | -4,761 |
| Financing cash flow | -35,812 | -38,435 | -38,235 | -41,954 | -34,664 |
| Dividends paid | -8,472 | -8,668 | -8,393 | -7,405 | -6,253 |
| Share repurchases | -15,179 | -14,687 | -15,506 | -19,030 | -3,174 |
| Debt issued | 2,920 | 363 | 1,029 | 587 | 1,805 |
| Debt repaid | -12,068 | -9,982 | -10,861 | -8,459 | -21,534 |
| Effect of exchange rates | 866 | -761 | 306 | -736 | -539 |
| Net change in cash | -8,894 | 336 | -1,472 | 3,276 | 5,140 |
| Free cash flow | 23,916 | 35,086 | 31,198 | 45,814 | 26,104 |
| Levered free cash flow | 22,735 | 28,543 | 28,211 | 25,715 | 18,687 |