Shell plc (RYDAF)

Shell Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	296,762	316,620	381,314	261,504	180,543	344,877
Revenue Growth (YoY)	-12.51%	-16.97%	45.82%	44.84%	-47.65%	-11.20%
Cost of Revenue	223,602	238,123	284,006	198,734	141,094	279,421
Gross Profit	73,160	78,497	97,308	62,770	39,449	65,456
Selling, General & Admin	12,830	13,433	12,883	11,328	9,881	10,493
Research & Development	1,238	1,287	1,075	815	907	962
Other Operating Expenses	-677	-677	-477	-341	-	-
Operating Expenses	42,469	43,099	32,428	37,615	57,671	41,901
Operating Income	30,691	35,398	64,880	25,155	-18,222	23,555
Interest Expense	-4,739	-4,673	-3,181	-3,607	-4,089	-4,690
Interest & Investment Income	2,490	2,362	1,262	602	701	922
Earnings From Equity Investments	3,918	3,725	3,972	4,097	1,783	3,604
Currency Exchange Gain (Loss)	-1,690	-458	-340	118	-391	5
Other Non Operating Income (Expenses)	-28	-	-	-	273	179
EBT Excluding Unusual Items	30,642	36,354	66,593	26,365	-19,945	23,575
Impairment of Goodwill	-635	-635	-361	-167	-276	-
Gain (Loss) on Sale of Assets	222	257	642	5,995	286	2,519
Asset Writedown	-2,878	-3,349	-933	-2,364	-7,032	-609
Other Unusual Items	-	-	-1,126	-	-	-
Pretax Income	27,351	32,627	64,815	29,829	-26,967	25,485
Income Tax Expense	11,337	12,991	21,941	9,199	-5,433	9,053
Earnings From Continuing Operations	16,014	19,636	42,874	20,630	-21,534	16,432
Minority Interest in Earnings	-376	-277	-565	-529	-146	-590
Net Income	15,638	19,359	42,309	20,101	-21,680	15,842
Net Income to Common	15,638	19,359	42,309	20,101	-21,680	15,842
Net Income Growth	-46.62%	-54.24%	110.48%	-	-	-32.16%
Shares Outstanding (Basic)	6,402	6,734	7,348	7,762	7,796	8,058
Shares Outstanding (Diluted)	6,468	6,800	7,411	7,807	7,796	8,113
Shares Change (YoY)	-6.58%	-8.24%	-5.08%	0.14%	-3.91%	-2.83%
EPS (Basic)	2.44	2.88	5.76	2.59	-2.78	1.97
EPS (Diluted)	2.42	2.85	5.71	2.57	-2.78	1.95
EPS Growth	-42.73%	-50.09%	122.18%	-	-	-30.36%
Free Cash Flow	34,017	31,198	45,814	26,104	17,520	19,207
Free Cash Flow Per Share	5.26	4.59	6.18	3.34	2.25	2.37
Dividend Per Share	1.376	1.294	1.038	0.893	0.653	1.880
Dividend Growth	11.24%	24.67%	16.12%	36.83%	-65.27%	0%
Gross Margin	24.65%	24.79%	25.52%	24.00%	21.85%	18.98%
Operating Margin	10.34%	11.18%	17.01%	9.62%	-10.09%	6.83%
Profit Margin	5.27%	6.11%	11.10%	7.69%	-12.01%	4.59%
Free Cash Flow Margin	11.46%	9.85%	12.01%	9.98%	9.70%	5.57%
EBITDA	41,612	46,218	78,866	50,184	27,729	53,008
EBITDA Margin	14.02%	14.60%	20.68%	19.19%	15.36%	15.37%
D&A For EBITDA	10,921	10,820	13,986	25,029	45,951	29,453
EBIT	30,691	35,398	64,880	25,155	-18,222	23,555
EBIT Margin	10.34%	11.18%	17.01%	9.62%	-10.09%	6.83%
Effective Tax Rate	41.45%	39.82%	33.85%	30.84%	-	35.52%
Revenue as Reported	302,353	323,183	386,201	272,657	183,195	352,106

Source: S&P Capital IQ. Standard template. Financial Sources.