Your Best Stock

Shell SHEL

US equityMarket cap rank #49Safe-Haven Assets
$96.00
+$0.59 (+0.62%)
Market open · Sep 24, 1:10 pm ET
After hours $95.32 -0.10%
Open$95.95
Prev close$95.41
Day range$95.58 – $96.76
Volume2.87M
Market cap$273.90B
P/E (TTM)10.6
Dividend yield3.08%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$94.66B+44.7% YoY
Operating profit$15.18B+152.4% YoY
Net profit$10.81B+196.5% YoY
Diluted EPS$3.84+220.0% YoY
Free cash flow$17.40B+168.2% YoY
Operating cash flow$21.43B

Revenue, last 8 quarters

$71.1BSep '24$66.3BDec '24$69.2BMar '25$65.4BJun '25$68.2BSep '25$64.1BDec '25$69.7BMar '26$94.7BJun '26

Net profit, last 8 quarters

$4.4BSep '24$1.0BDec '24$4.9BMar '25$3.6BJun '25$5.4BSep '25$4.2BDec '25$5.8BMar '26$10.8BJun '26

Diluted EPS by quarter

1.36Sep '240.30Dec '241.58Mar '251.20Jun '251.80Sep '251.42Dec '252.00Mar '263.84Jun '26

Free cash flow by quarter

$10.0BSep '24$6.7BDec '24$5.5BMar '25$6.5BJun '25$7.7BSep '25$4.2BDec '25$2.3BMar '26$17.4BJun '26

Annual revenue

$180.5BFY20$261.5BFY21$381.3BFY22$316.6BFY23$284.3BFY24$266.9BFY25

Profitability & balance sheet

Gross margin17.6%
Operating margin12.8%
Net margin8.8%
Return on equity14.4%
Return on assets6.8%
Return on invested capital11.0%
Current ratio1.43
Liabilities / assets52.2%
Cash & investments$31.37B
Total debt$64.53B
Net cash (debt)-$33.16B
Free cash flow / sales10.6%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Chemicals and Products$47.54B 37.6%
  • Marketing$41.64B 32.9%
  • Upstream$13.42B 10.6%
  • Integrated Gas$13.34B 10.6%
  • Renewables and Energy Solutions$10.48B 8.3%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $94.66B $69.69B $266.89B $64.09B $68.15B
Total Operating Revenue $94.66B $69.69B $266.89B $64.09B $68.15B
Cost of Revenue $76.19B $56.26B $224.39B $56.81B $56.58B
Gross Profit $18.48B $13.43B $42.50B $7.28B $11.58B
Operating Expense $3.30B $3.07B $14.91B $4.12B $3.84B
Selling and Admin Expenses $2.91B $2.80B $12.61B $3.43B $3.26B
-General & Admin Expense $2.91B $2.80B $12.61B $3.43B $3.26B
Research & Development $277.00M $167.00M $1.17B $298.00M $409.00M
Other Operating Expenses $110.00M $98.00M $1.14B $391.00M $175.00M
Operating Profit $15.18B $10.37B $27.58B $3.16B $7.73B
Net Non-Operating Interest Income (Expense) -$679.00M -$1.03B -$2.67B -$944.00M -$699.00M
Non-Operating Interest Income $435.00M $442.00M $2.07B $319.00M $585.00M
Non-Operating Interest Expense $1.11B $1.47B $4.74B $1.26B $1.28B
Special Income (Charges) $642.00M $59.00M $3.19B $4.42B $284.00M
-Less:Other Special Charges -$642.00M -$64.00M -$3.19B -$2.12B -$1.07B
Other Non-Operating Income (Expenses) $120.00M $70.00M $420.00M $287.00M $117.00M
Pretax Profit $15.75B $9.33B $29.76B $6.90B $7.92B
Tax $4.95B $3.57B $11.64B $2.72B $2.50B
Net Profit $10.81B $5.76B $18.12B $4.18B $5.42B
Profit from Continuing Operations $10.81B $5.76B $18.12B $4.18B $5.42B
Minority Interests -$16.00M $64.00M $282.00M $46.00M $98.00M
Net Income to Parent Company $10.82B $5.69B $17.84B $4.13B $5.32B
Other Preferred Stock Dividends $0.00 $0.00 $0.00 $0.00 $0.00
Net Income to Common Stockholders $10.82B $5.69B $17.84B $4.13B $5.32B
Basic EPS $3.88 $2.02 $6.06 $1.44 $1.82
Diluted EPS $3.84 $2.00 $6.00 $1.42 $1.80
Dividend Per Share $0.78 $0.74 $2.86 $0.72 $0.72
-Less:Impairment of Capital Assets $5.00M $784.00M

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $380.51B $380.60B $370.35B $370.35B $377.74B
Total Current Assets $122.83B $119.16B $107.17B $107.17B $121.18B
Cash and Cash Equivalents & Short-Term Investments $31.37B $23.12B $29.63B $29.63B $33.05B
-Cash and Cash Equivalents $31.37B $23.12B $29.63B $29.63B $33.05B
-Accounts Receivable $52.94B $53.89B $30.01B $30.01B $45.29B
Inventory $26.64B $28.70B $22.22B $22.22B $22.91B
Total Non-Current Assets $257.68B $261.44B $263.18B $263.18B $256.56B
Net PPE $182.30B $185.71B $185.08B $185.08B $183.91B
-Available for Sale Securities $1.48B $1.55B $1.48B $1.48B $1.59B
-Long Term Equity Investment $28.00B $27.58B $27.78B $27.78B $23.73B
Financial Assets $558.00M $573.00M $619.00M $619.00M $665.00M
Goodwill and Other Intangible Assets $25.42B $26.06B $26.67B $26.67B $25.58B
-Goodwill $14.97B $15.19B $15.66B $15.66B $16.03B
-Other Intangible Assets $10.45B $10.87B $11.01B $11.01B $9.55B
Defined Pension Benefit $5.31B $5.19B $5.05B $5.05B $5.53B
Other Non-Current Assets -$1.00M $2.00M
Total Liabilities $198.73B $206.00B $195.03B $195.03B $199.92B
Total Current Liabilities $85.61B $93.47B $82.42B $82.42B $89.62B
Payables $65.09B $68.17B $50.00B $50.00B $60.26B
-Accounts Payable $60.74B $64.29B $28.14B $28.14B $56.82B
-Total Tax Payable $4.35B $3.88B $6.01B $6.01B $3.45B
Short-Term Debt and Capital Lease Obligation $8.54B $10.06B $9.13B $9.13B $10.02B
Current Provisions $3.94B $3.96B $5.88B $5.88B $5.66B
Total Non-Current Liabilities $113.12B $112.52B $112.62B $112.62B $110.29B
Long Term Accounts Payable and Other Payables $7.29B $5.12B $4.46B $4.46B $4.67B
Long Term Debt and Capital Lease Obligation $64.53B $65.58B $66.52B $66.52B $63.96B
Derivative Product Liabilities $1.07B $1.16B $1.11B $1.11B $885.00M
Non-Current Liabilities $21.76B $21.90B $21.41B $21.41B $21.20B
Other Non-Current Liabilities -$1.00M $1.00M -$1.00M
Total Equity $181.78B $174.60B $175.32B $175.32B $177.82B
Stockholders' Equity $180.79B $173.58B $174.39B $174.39B $175.82B
Capital Stock $465.00M $471.00M $477.00M $477.00M $485.00M
-Common Stock $465.00M $471.00M $477.00M $477.00M $485.00M
Additional Paid-In Capital $470.00M $464.00M $457.00M $457.00M $450.00M
Retained Earnings $160.70B $153.45B $153.53B $153.53B $155.16B
Less: Treasury Stock $236.00M $231.00M $847.00M $847.00M $444.00M
Other Equity Interests $805.00M $691.00M $1.36B $1.36B $1.12B
Minority Interests $995.00M $1.02B $927.00M $927.00M $2.00B
Other Current Assets $1.00M $1.00M
-Current Debt $4.70B $4.52B $4.52B
-Current Capital Lease Obligation $5.36B $4.61B $4.61B
-Long Term Debt $40.36B $42.19B $42.19B
-Long Term Capital Lease Obligation $25.23B $24.32B $24.32B
-Taxes Receivable $2.08B $2.08B
-Other Receivables $8.00B $8.00B
Prepaid Assets $4.32B $4.32B
Restricted Cash $586.00M $586.00M
-Gross PPE $444.94B $444.94B
-Accumulated Depreciation -$259.86B -$259.86B
-Held to Maturity Securities $39.00M $39.00M
-Other Payable $15.85B $15.85B
Other Current Liabilities -$1.00M

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $21.43B $6.06B $42.86B $9.44B $12.21B
Net Income from Continuing Operations $15.75B $9.33B $29.76B $6.90B $7.92B
Other Non-Cash Items $1.23B $1.45B $1.55B -$1.36B $1.41B
Change in Working Capital $3.45B -$11.18B -$1.80B $1.28B -$28.00M
-Change in Receivables $1.59B -$10.40B $2.24B $646.00M $569.00M
-Change in Inventory $3.74B -$6.69B $1.92B $738.00M $352.00M
Net cash flow from investing -$3.91B -$3.14B -$16.81B -$5.19B -$2.26B
Capital Expenditure -$4.03B -$3.76B -$18.95B -$5.25B -$4.56B
Net PPE Purchase and Sale $366.00M $272.00M $1.15B -$101.00M $747.00M
Net Business Purchase and Sale -$116.00M -$384.00M -$681.00M -$577.00M $681.00M
Net Investment Purchase and Sale $11.00M $19.00M -$49.00M -$36.00M -$6.00M
Net Other Investing Changes -$512.00M $352.00M -$238.00M $302.00M $410.00M
Financing Cash Flow -$9.17B -$9.82B -$35.81B -$7.05B -$9.47B
Net Issuance Payments Of Debt -$2.83B -$2.78B -$9.15B -$53.00M -$2.70B
Net Common Stock Issuance -$3.00B -$3.61B -$15.18B -$3.80B -$3.77B
Cash Dividends Paid -$2.16B -$2.10B -$8.47B -$2.07B -$2.10B
Net Other Financing Charges $31.00M -$285.00M $1.24B $95.00M -$54.00M
Ending Cash Balance $31.37B $23.12B $30.22B $30.22B $33.05B
Net Change in Cash $8.36B -$6.89B -$9.76B -$2.80B $477.00M
Beginning Cash Balance $23.12B $30.22B $39.11B $33.05B $32.68B
Effect of Exchange Rate Changes -$101.00M -$205.00M $866.00M -$36.00M -$106.00M
Free Cash Flow $17.40B $2.31B $23.92B $4.19B $7.65B
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