Shell plc (SHEL)

Shell Income Statement

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

Year Ending	TTM	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	323,183	323,183	386,201	272,657	183,195	352,106
Revenue Growth (YoY)	-16.32%	-16.32%	41.64%	48.83%	-47.97%	-11.21%
Cost of Revenue	269,413	269,413	302,535	225,655	193,538	308,122
Gross Profit	53,770	53,770	83,666	47,002	-10,343	43,984
Selling, General & Admin	13,433	13,433	12,883	11,328	9,881	10,493
Research & Development	3,037	3,037	2,787	2,238	2,654	3,316
Operating Expenses	16,470	16,470	15,670	13,566	12,535	13,809
Operating Income	37,300	37,300	67,996	33,436	-22,878	30,175
Interest Expense / Income	4,673	4,673	3,181	3,607	4,089	4,690
Other Expense / Income	277	277	565	529	146	590
Pretax Income	32,350	32,350	64,250	29,300	-27,113	24,895
Income Tax	12,991	12,991	21,941	9,199	-5,433	9,053
Net Income	19,359	19,359	42,309	20,101	-21,680	15,842
Net Income Growth	-54.24%	-54.24%	110.48%	-	-	-32.16%
Shares Outstanding (Basic)	6,971	6,971	7,684	7,807	7,881	8,179
Shares Change	-9.28%	-9.28%	-1.58%	-0.94%	-3.64%	-1.61%
EPS (Basic)	5.76	5.76	11.52	5.18	-5.56	3.94
EPS (Diluted)	5.70	5.70	11.42	5.14	-5.56	3.90
EPS Growth	-50.09%	-50.09%	122.18%	-	-	-30.36%
Free Cash Flow	33,763	33,763	47,245	40,337	20,009	24,010
Free Cash Flow Per Share	9.69	9.69	12.30	10.33	5.08	5.87
Dividend Per Share	2.474	2.474	1.980	1.640	1.913	3.760
Dividend Growth	24.95%	24.95%	20.73%	-14.27%	-49.12%	0%
Gross Margin	16.64%	16.64%	21.66%	17.24%	-5.65%	12.49%
Operating Margin	11.54%	11.54%	17.61%	12.26%	-12.49%	8.57%
Profit Margin	5.99%	5.99%	10.96%	7.37%	-11.83%	4.50%
Free Cash Flow Margin	10.45%	10.45%	12.23%	14.79%	10.92%	6.82%
Effective Tax Rate	40.16%	40.16%	34.15%	31.40%	-	36.36%
EBITDA	68,313	68,313	85,960	59,828	29,420	58,286
EBITDA Margin	21.14%	21.14%	22.26%	21.94%	16.06%	16.55%
Depreciation & Amortization	31,290	31,290	18,529	26,921	52,444	28,701
EBIT	37,023	37,023	67,431	32,907	-23,024	29,585
EBIT Margin	11.46%	11.46%	17.46%	12.07%	-12.57%	8.40%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).