Shell

SHEL · LSE · GBp

3,596.50 GBpChange from previous close: +0.21%Absolute change: +7.50 GBp

Close · October 2, 2026

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.

Balance sheet · Quarterly
ItemQ2 2026Q1 2026Q4 2025Q3 2025Q2 2025Q1 2025Q4 2024Q3 2024Q2 2024Q1 2024Q4 2023Q3 2023
Total assets380,513380,598370,350377,738387,920389,248387,609394,949394,783402,039406,270413,498
Current assets122,833119,161107,173121,175121,597126,654127,926125,555128,632133,091134,115141,251
Cash and equivalents31,37423,11730,21633,05332,68235,60139,11042,25238,14839,94938,77443,031
Receivables52,93853,89140,27545,28745,57048,24740,14746,78250,61953,17847,11752,077
Inventory26,63928,70022,21622,91323,28322,98423,42624,14326,44926,47126,01930,230
Net property, plant and equipment182,300185,708185,077183,907186,461183,712185,219191,721189,656191,952194,835197,043
Goodwill14,96915,18915,66216,03416,33216,07216,03216,60016,53816,55416,66017,345
Other intangible assets10,44910,87311,0109,54611,33811,3659,4808,1889,3879,99910,2538,288
Long-term investments29,47629,13329,33225,32125,68126,52025,70028,82628,07028,14627,70327,806
Current liabilities85,61493,47382,41589,62192,02096,08095,03489,62591,49693,91195,46795,131
Accounts payable60,74264,28828,14056,81658,37960,87029,76761,07663,94365,99734,59167,188
Long-term debt34,90740,35642,21935,38436,26336,63241,50039,00739,01942,00148,56444,174
Total debt73,07675,64475,64373,97775,675———————
Total liabilities198,732205,997195,031199,916204,832208,579207,441205,411207,593213,735217,908220,554
Total equity (incl. minority)181,781174,601175,319177,822183,088180,669180,168189,538187,190188,304188,362192,944
Retained earnings160,701153,450153,528155,156155,459157,524158,834163,482164,708167,038165,915171,134
Minority interest9951,0189271,9991,9511,8561,8611,8651,7831,7391,7551,745