Shell plc (SHEL)

Shell Ratios and Metrics

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

Total Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	250,916	210,962	189,552	213,695	196,279	167,813
Market Cap Growth	11.64%	11.29%	-11.30%	8.87%	16.96%	23.00%
Enterprise Value	294,550	253,939	223,388	256,345	250,049	228,599
Last Close Price	91.45	71.52	58.54	59.06	49.14	36.12

Price Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	9.66	11.83	11.78	11.04	4.64	8.35
PS Ratio	0.85	0.79	0.67	0.68	0.52	0.64
PB Ratio	1.38	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	7.95	8.82	5.40	6.85	4.28	6.43
P/OCF Ratio	5.11	4.92	3.47	3.94	2.87	3.72

EV Ratios

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
EV/Sales Ratio	0.99	0.95	0.79	0.81	0.66	0.87
EV/EBITDA Ratio	5.11	5.33	4.21	4.08	3.03	4.59
EV/EBIT Ratio	7.49	8.51	6.68	7.40	3.89	9.21
EV/FCF Ratio	9.34	10.62	6.37	8.22	5.46	8.76

Financial Efficiency

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Debt / Equity Ratio	0.40	0.43	0.43	0.43	0.44	0.51
Debt / EBITDA Ratio	1.16	1.42	1.32	1.30	1.02	1.79
Debt / FCF Ratio	2.32	3.17	2.20	2.62	1.83	3.41
Net Debt / Equity Ratio	0.23	0.26	0.21	0.23	0.23	0.30
Net Debt / EBITDA Ratio	0.72	0.95	0.72	0.68	0.53	1.05
Net Debt / FCF Ratio	1.32	1.90	1.08	1.37	0.95	2.00
Asset Turnover	0.77	0.70	0.72	0.75	0.90	0.67
Inventory Turnover	8.78	8.72	8.56	8.22	9.94	8.89
Quick Ratio	0.99	0.86	0.83	0.90	0.76	0.85
Current Ratio	1.44	1.30	1.35	1.41	1.37	1.35
Return on Equity (ROE)	14.34%	10.19%	8.97%	10.31%	23.31%	12.36%
Return on Assets (ROA)	6.40%	4.92%	5.27%	5.10%	9.49%	3.96%
Return on Invested Capital (ROIC)	11.44%	8.28%	8.22%	8.92%	18.36%	7.43%
Return on Capital Employed (ROCE)	13.30%	10.40%	11.40%	11.10%	20.00%	8.00%

Yields

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 1, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Earnings Yield	10.35%	8.46%	8.49%	9.06%	21.56%	11.98%
FCF Yield	12.57%	11.34%	18.51%	14.60%	23.34%	15.55%
Dividend Yield	3.23%	2.02%	2.37%	2.19%	2.11%	2.47%
Payout Ratio	31.93%	47.50%	53.86%	43.35%	17.50%	31.11%
Buyback Yield / Dilution	6.42%	6.52%	6.41%	8.24%	5.08%	-0.14%
Total Shareholder Return	9.68%	8.54%	8.79%	10.43%	7.19%	2.33%

SEC Filings: 10-K · 10-Q

Data Source: S&P Global Market Intelligence Last updated: Jul 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

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