Shell Ratios and Metrics

Market cap in millions EUR. Fiscal year is January - December.

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Market Capitalization	202,391	179,676	183,088	193,330	183,658	147,558
Market Cap Growth	3.27%	-1.86%	-5.30%	5.27%	24.46%	32.30%
Enterprise Value	241,927	216,280	215,770	231,915	233,971	201,007
Last Close Price	35.76	31.18	28.66	27.24	23.26	16.36
PE Ratio	13.32	11.83	11.78	11.04	4.64	8.35
PS Ratio	0.89	0.79	0.67	0.68	0.52	0.64
PB Ratio	1.36	1.20	1.05	1.13	1.02	0.96
P/TBV Ratio	1.61	1.43	1.24	1.34	1.19	1.14
P/FCF Ratio	9.94	8.82	5.40	6.85	4.28	6.43
P/OCF Ratio	5.54	4.92	3.47	3.94	2.87	3.72
EV/Sales Ratio	1.06	0.95	0.79	0.81	0.66	0.87
EV/EBITDA Ratio	5.17	4.77	4.21	4.41	3.03	4.59
EV/EBIT Ratio	8.77	8.27	6.68	7.40	3.89	9.21
EV/FCF Ratio	11.88	10.62	6.37	8.22	5.46	8.76
Debt / Equity Ratio	0.43	0.43	0.43	0.43	0.44	0.51
Debt / EBITDA Ratio	1.42	1.42	1.32	1.30	1.02	1.79
Debt / FCF Ratio	3.16	3.16	2.20	2.62	1.83	3.41
Net Debt / Equity Ratio	0.26	0.26	0.21	0.23	0.23	0.30
Net Debt / EBITDA Ratio	0.85	0.85	0.72	0.74	0.53	1.05
Net Debt / FCF Ratio	1.90	1.90	1.08	1.37	0.95	2.00
Asset Turnover	0.70	0.70	0.72	0.75	0.90	0.67
Inventory Turnover	8.72	8.72	8.56	8.22	9.94	8.89
Quick Ratio	0.91	0.91	0.83	0.90	0.76	0.85
Current Ratio	1.30	1.30	1.35	1.41	1.37	1.35
Return on Equity (ROE)	10.19%	10.19%	8.97%	10.31%	23.31%	12.36%
Return on Assets (ROA)	5.07%	5.07%	5.27%	5.10%	9.49%	3.96%
Return on Invested Capital (ROIC)	8.51%	8.52%	8.22%	8.92%	18.36%	7.43%
Return on Capital Employed (ROCE)	10.70%	10.70%	11.40%	11.10%	20.00%	8.00%
Earnings Yield	7.51%	8.46%	8.49%	9.06%	21.56%	11.98%
FCF Yield	10.06%	11.34%	18.51%	14.60%	23.34%	15.55%
Dividend Yield	3.47%	3.95%	4.68%	4.30%	4.17%	4.80%
Payout Ratio	47.49%	47.49%	53.86%	43.35%	17.50%	31.11%
Buyback Yield / Dilution	6.52%	6.52%	6.41%	8.24%	5.08%	-0.14%
Total Shareholder Return	10.00%	10.47%	11.10%	12.54%	9.25%	4.66%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.