Shell plc (LON: SHEL)

Shell Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	316,620	381,314	261,504	180,543	344,877
Revenue Growth (YoY)	-16.97%	45.82%	44.84%	-47.65%	-11.20%
Cost of Revenue	238,123	302,535	225,656	193,538	308,122
Gross Profit	78,497	78,779	35,848	-12,995	36,755
Selling, General & Admin	14,315	12,883	11,328	9,881	10,493
Research & Development	1,287	1,075	815	907	962
Other Operating Expenses	0	1,712	1,423	1,747	2,354
Operating Expenses	43,559	15,670	13,566	12,535	13,809
Operating Income	38,921	67,353	27,441	-22,877	30,176
Interest Income	2,310	398	852	869	3,625
Interest Expense	4,628	3,181	3,607	4,089	4,690
Other Expense / Income	4,253	320	-4,614	869	4,215
Pretax Income	32,628	64,814	29,829	-26,966	25,486
Income Tax	12,991	21,941	9,199	-5,433	9,053
Net Income	19,359	42,309	20,101	-21,533	15,843
Net Income Growth	-54.24%	110.48%	-	-	-32.16%
Shares Outstanding (Basic)	6,734	7,348	7,762	7,796	8,058
Shares Outstanding (Diluted)	6,800	7,411	7,807	7,796	8,113
Shares Change	-8.24%	-5.08%	0.14%	-3.91%	-2.83%
EPS (Basic)	2.85	5.76	2.59	-2.76	1.97
EPS (Diluted)	2.85	5.71	2.57	-2.76	1.95
EPS Growth	-50.09%	122.18%	-	-	-30.36%
Free Cash Flow	31,203	45,813	26,105	17,520	19,208
Free Cash Flow Per Share	4.59	6.18	3.34	2.25	2.37
Gross Margin	24.79%	20.66%	13.71%	-7.20%	10.66%
Operating Margin	12.29%	17.66%	10.49%	-12.67%	8.75%
Profit Margin	6.11%	11.10%	7.69%	-11.93%	4.59%
Free Cash Flow Margin	9.86%	12.01%	9.98%	9.70%	5.57%
Effective Tax Rate	39.82%	33.85%	30.84%	-	35.52%
EBITDA	62,895	89,746	54,362	29,567	58,877
EBITDA Margin	19.86%	23.54%	20.79%	16.38%	17.07%
Depreciation & Amortization	23,974	22,393	26,921	52,444	28,701
EBIT	38,921	67,353	27,441	-22,877	30,176
EBIT Margin	12.29%	17.66%	10.49%	-12.67%	8.75%

Sources: The data provider is Financial Modeling Prep and the numbers are sourced from SEC filings.