SHEL

Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares)Stock · Energy

$89.60+$1.84 (+2.10%)as of market close, Aug 6, 2026

SHEL financial statements

The full income statement, balance sheet, and cash-flow statement for Shell PLC American Depositary Shares (each representing two (2) Ordinary Shares) (SHEL), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.

Shares outstanding (point-in-time)

2017-12 4.15B2018-12 4.17B2019-12 4.06B2020-12 3.90B2021-12 3.90B2022-12 3.49B2023-12 3.24B2024-12 3.04B2025-12 2.84B-31.4% over 8 periods

SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.

PeriodRangeOrderChangeYoYQoQFiguresAs-reported fiscal years.

Line item	FY2025	FY2024	FY2023	FY2022	FY2021
Income Statement	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Revenue	267B YoY-6.1%	284B YoY-10.2%	317B YoY-17.0%	381B YoY+45.8%	262B YoY+44.8%
Research & development	1.17B YoY+6.5%	1.10B YoY-14.6%	1.29B YoY+19.7%	1.07B YoY+31.9%	815M YoY-10.1%
Pre-tax income	29.8B YoY-0.6%	29.9B YoY-8.3%	32.6B YoY-49.7%	64.8B YoY+117.3%	29.8B YoY+210.6%
Income tax	11.6B YoY-13.2%	13.4B YoY+3.2%	13.0B YoY-40.8%	21.9B YoY+138.5%	9.20B YoY+269.3%
	18.1B YoY+9.7%	16.5B YoY-15.9%	19.6B YoY-54.2%	42.9B YoY+107.8%	20.6B YoY+195.8%
Net income to common	17.8B YoY+10.8%	16.1B YoY-16.9%	19.4B YoY-54.2%	42.3B YoY+110.5%	20.1B YoY+192.7%
	2.95B YoY-6.5%	3.15B YoY-6.4%	3.37B YoY-8.4%	3.67B YoY-5.3%	3.88B YoY-0.4%
	2.97B YoY-6.5%	3.18B YoY-6.4%	3.40B YoY-8.2%	3.71B YoY-5.1%	3.90B YoY+0.1%
Dividends per share	$2.86 YoY+4.1%	$2.75 YoY+11.2%	$2.47 YoY+24.9%	$1.98 YoY+20.7%	$1.64 YoY-14.3%
Balance Sheet	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
	107B YoY-16.2%	128B YoY-4.6%	134B YoY-19.2%	166B YoY+28.9%	129B YoY+40.0%
Cash & equivalents	30.2B YoY-22.7%	39.1B YoY+0.9%	38.8B YoY-3.7%	40.2B YoY+8.9%	37.0B YoY+16.1%
Accounts receivable	44.6B YoY-2.8%	45.9B YoY-13.9%	53.3B YoY-19.9%	66.5B YoY+25.0%	53.2B YoY+58.2%
Inventory	22.2B YoY-5.2%	23.4B YoY-10.0%	26.0B YoY-18.4%	31.9B YoY+26.3%	25.3B YoY+29.8%
	370B YoY-4.5%	388B YoY-4.6%	406B YoY-8.3%	443B YoY+9.6%	404B YoY+6.6%
Property, plant & equipment	—	—	—	199B YoY+1.9%	195B YoY-7.0%
Goodwill	15.7B YoY-2.3%	16.0B YoY-3.8%	16.7B YoY+3.9%	16.0B YoY+7.5%	14.9B
Total non-current assets	263B YoY+1.3%	260B YoY-4.6%	272B YoY-1.8%	277B YoY+0.5%	276B YoY-4.1%
	82.4B YoY-13.3%	95.0B YoY-0.5%	95.5B YoY-21.3%	121B YoY+27.0%	95.5B YoY+29.6%
Short-term & current debt	8.62B YoY-21.5%	11.0B YoY+20.9%	9.09B YoY+13.9%	7.97B YoY+3.5%	7.70B YoY-17.7%
	195B YoY-6.0%	207B YoY-4.8%	218B YoY-13.0%	250B YoY+9.3%	229B YoY+3.8%
Long-term debt	66.5B YoY+1.6%	65.4B YoY-8.6%	71.6B YoY-4.3%	74.8B YoY-7.5%	80.9B YoY-11.2%
	174B YoY-2.2%	178B YoY-4.4%	187B YoY-2.0%	190B YoY+10.8%	172B YoY+10.7%
Total equity incl. non-controlling	175B YoY-2.7%	180B YoY-4.4%	188B YoY-2.2%	193B YoY+9.9%	175B YoY+10.6%
	2.84B YoY-6.5%	3.04B YoY-6.2%	3.24B YoY-6.9%	3.49B	—
Cash Flow	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Cash from operations	42.9B YoY-21.6%	54.7B YoY+0.9%	54.2B YoY-20.8%	68.4B YoY+51.7%	45.1B YoY+32.3%
Acquisitions	0.00	0.00	0.00	0.00	0.00
Long-term debt issued	2.92B YoY+704.4%	363M YoY-64.7%	1.03B YoY+282.5%	269M YoY-85.0%	1.79B YoY-92.2%
Long-term debt repaid	11.8B YoY+22.1%	9.67B YoY-9.2%	10.7B YoY+25.9%	8.46B YoY-60.7%	21.5B YoY+23.9%
Common stock issued	0.00	0.00	0.00	0.00	0.00
Common stock repurchased	14.1B YoY+0.1%	14.1B YoY-3.5%	14.6B YoY-21.4%	18.5B YoY+428.0%	3.51B YoY+189.4%
Dividends paid	8.47B YoY-2.3%	8.67B YoY+3.3%	8.39B YoY+13.3%	7.41B YoY+18.4%	6.25B YoY-15.8%
Valuation Ratios	as ofDec 31 ’25	as ofDec 31 ’24	as ofDec 31 ’23	as ofDec 31 ’22	as ofDec 31 ’21
Market cap	209B YoY+9.7%	191B YoY-16.9%	229B YoY+3.2%	222B YoY+31.2%	169B YoY+23.7%
P/E	11.5× YoY+0.0%	11.5× YoY+115.7%	5.3× YoY-50.4%	10.8× YoY+31.2%	8.2×
P/S	0.8× YoY+16.8%	0.7× YoY+11.5%	0.6× YoY-29.2%	0.9× YoY+31.2%	0.6× YoY-14.6%
P/B	1.2× YoY+12.1%	1.1× YoY-11.2%	1.2× YoY-6.9%	1.3× YoY+31.2%	1.0× YoY+11.7%
	8.7% YoY-0.0%	8.7% YoY-53.6%	18.7% YoY+101.4%	9.3% YoY-23.8%	12.2%
	3.9% YoY-11.3%	4.4% YoY+16.8%	3.8% YoY+8.1%	3.5% YoY-8.0%	3.8% YoY-30.6%
Source filing	20-F	20-F/A	20-F/A	20-F	20-F

About this data

Source: SHEL's SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn't file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all SHEL filings on SEC EDGAR → Not investment advice.