Shell
$95.60Change from previous close: −0.02%Absolute change: −$0.01
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 |
|---|---|---|---|---|---|
| Total revenue | 266,886 | 284,312 | 316,620 | 381,314 | 261,504 |
| Cost of revenue | 199,092 | 211,499 | 238,123 | 284,006 | 198,734 |
| Gross profit | 67,794 | 72,813 | 78,497 | 97,308 | 62,770 |
| Selling, general and administrative | 12,607 | 12,439 | 13,433 | 12,883 | 11,328 |
| Research and development | 1,170 | 1,099 | 1,287 | 1,075 | 815 |
| Operating income | 29,834 | 33,452 | 34,630 | 64,331 | 24,814 |
| EBIT | 29,834 | 33,452 | 34,630 | 64,331 | 24,814 |
| EBITDA | 47,658 | 53,058 | 62,895 | 82,519 | 49,843 |
| Interest expense | 4,671 | 4,787 | 4,673 | 3,181 | 3,607 |
| Pre-tax income | 29,756 | 29,922 | 32,627 | 64,815 | 29,829 |
| Income tax | 11,637 | 13,401 | 12,991 | 21,941 | 9,199 |
| Net income | 17,837 | 16,094 | 19,359 | 42,309 | 20,101 |
| Net income to common shareholders | 17,837 | 16,094 | 19,359 | 42,309 | 20,101 |
| Basic EPS | 3.03 | 2.55 | 2.88 | 5.76 | 2.59 |
| Diluted EPS | 3.00 | 2.53 | 2.85 | 5.71 | 2.57 |
| Average shares (basic) | 5,891 | 6,300 | 6,734 | 7,348 | 7,762 |
| Average shares (diluted) | 5,949 | 6,364 | 6,800 | 7,411 | 7,807 |
| Dividend per share | 1.45 | 1.39 | 1.29 | 1.04 | 0.89 |