Shell Ratios and Metrics

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

Millions GBP. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May '26 May 27, 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	178,667	156,745	151,408	167,767	162,901	123,933
Market Cap Growth	18.74%	3.52%	-9.75%	2.99%	31.44%	24.02%
Enterprise Value	219,217	188,677	178,436	201,251	207,528	168,825
Last Close Price	31.95	26.90	23.35	23.29	20.24	13.61
PE Ratio	13.17	11.83	11.78	11.04	4.64	8.35
Forward PE	8.17	11.09	8.00	7.49	5.35	7.27
PS Ratio	0.88	0.79	0.67	0.68	0.52	0.64
PB Ratio	1.35	1.20	1.05	1.13	1.02	0.96
P/TBV Ratio	1.60	1.43	1.24	1.34	1.19	1.14
P/FCF Ratio	11.40	8.82	5.40	6.85	4.28	6.43
P/OCF Ratio	5.95	4.92	3.47	3.94	2.87	3.72
PEG Ratio	0.60	0.22	0.22	0.22	0.22	0.22
EV/Sales Ratio	1.08	0.95	0.79	0.81	0.66	0.87
EV/EBITDA Ratio	5.20	5.33	4.21	4.08	3.03	4.59
EV/EBIT Ratio	9.15	8.51	6.68	7.40	3.89	9.21
EV/FCF Ratio	13.99	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	1.38	1.42	1.32	1.30	1.02	1.79
Debt / FCF Ratio	3.66	3.17	2.20	2.62	1.83	3.41
Net Debt / Equity Ratio	0.30	0.26	0.21	0.23	0.23	0.30
Net Debt / EBITDA Ratio	1.07	0.95	0.72	0.68	0.53	1.05
Net Debt / FCF Ratio	2.54	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	7.67	8.72	8.56	8.22	9.94	8.89
Quick Ratio	0.82	0.86	0.83	0.90	0.76	0.85
Current Ratio	1.27	1.30	1.35	1.41	1.37	1.35
Return on Equity (ROE)	10.70%	10.19%	8.97%	10.31%	23.31%	12.36%
Return on Assets (ROA)	4.99%	4.92%	5.27%	5.10%	9.49%	3.96%
Return on Invested Capital (ROIC)	8.65%	8.28%	8.22%	8.92%	18.36%	7.43%
Return on Capital Employed (ROCE)	10.70%	10.40%	11.40%	11.10%	20.00%	8.00%
Earnings Yield	7.95%	8.46%	8.49%	9.06%	21.56%	11.98%
FCF Yield	8.77%	11.34%	18.51%	14.60%	23.34%	15.55%
Dividend Yield	3.64%	3.99%	4.75%	4.36%	4.25%	4.85%
Payout Ratio	44.76%	47.50%	53.86%	43.35%	17.50%	31.11%
Buyback Yield / Dilution	6.50%	6.52%	6.41%	8.24%	5.08%	-0.14%
Total Shareholder Return	10.11%	10.52%	11.17%	12.60%	9.33%	4.70%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.