SHELL PLC financials
Also U.S.-listed. SHELL PLC is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: SHEL — Shell plc
SHELL PLC
Country: GB Reporting currency: USD Latest annual report: 2025-12-31
LEI:
21380068P1DRHMJ8KU70 Financial statements
(USD, as reported — unscaled; 109 line items across 3 annual periods)
| Line item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Income statement | |||
| Revenue | $266.89B | $284.31B | $316.62B |
| Operating expenses | $243.97B | $259.11B | $290.56B |
| Raw materials & consumables used | $177.19B | $188.12B | $212.88B |
| Profit before tax | $29.76B | $29.92B | $32.63B |
| Income tax expense | $11.64B | $13.40B | $12.99B |
| Profit for the year | $18.12B | $16.52B | $19.64B |
| — attributable to owners | $17.84B | $16.09B | $19.36B |
| — attributable to NCI | $282.0M | $427.0M | $277.0M |
| Total comprehensive income | $19.78B | $14.79B | $19.59B |
| Cash flow statement | |||
| Net cash from operating activities | $42.86B | $54.69B | $54.19B |
| Income taxes paid | $11.64B | $12.00B | $13.71B |
| Net cash from investing activities | -$16.81B | -$15.15B | -$17.73B |
| Net cash from financing activities | -$35.81B | -$38.44B | -$38.23B |
| Dividends paid | $8.62B | $8.98B | $9.15B |
| Proceeds from borrowings | $2.92B | $363.0M | $1.03B |
| Repayments of borrowings | $11.81B | $9.67B | $10.65B |
| Balance sheet | |||
| Total assets | $370.35B | $387.61B | — |
| Non-current assets | $263.18B | $259.68B | — |
| Intangible assets & goodwill | $15.66B | $16.03B | — |
| Current assets | $107.17B | $127.93B | — |
| Inventories | $22.22B | $23.43B | — |
| Trade & other receivables | $44.60B | $45.86B | — |
| Cash & equivalents | $30.22B | $39.11B | $38.77B |
| Total equity | $175.32B | $180.17B | $188.36B |
| — attributable to owners | $174.39B | $178.31B | — |
| Non-controlling interests | $927.0M | $1.86B | — |
| Non-current liabilities | $112.62B | $112.41B | — |
| Long-term borrowings | $66.52B | $65.45B | — |
| Current liabilities | $82.42B | $95.03B | — |
| Trade & other payables | $57.77B | $60.69B | — |
| Deferred tax liabilities | $11.98B | $13.51B | — |
| Derived metrics | |||
| Net margin | 6.8% | 5.8% | 6.2% |
| Return on equity | 10.3% | 9.2% | 10.4% |
| Cash conversion ratio | 2.37× | 3.31× | 2.76× |
| Other reported items | |||
| Adjustments For Decrease Increase In Inventories | $1.92B | $1.27B | $6.33B |
| Adjustments For Decrease Increase In Trade and Other Receivables | $2.24B | $6.58B | $12.40B |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $25.30B | $26.87B | $31.29B |
| Adjustments For Increase Decrease In Employee Benefit Liabilities | -$341.0M | -$326.0M | -$37.0M |
| Adjustments For Increase Decrease In Trade and Other Payables | -$5.96B | -$5.79B | -$11.58B |
| Adjustments For Interest Expense | $2.71B | $2.42B | $2.36B |
| Adjustments For Provisions | -$1.39B | -$828.0M | $220.0M |
| Adjustments For Undistributed Profits of Investments Accounted For Using Equity Method | $1.62B | $2.99B | $3.73B |
| Basic Earnings Loss Per Share From Continuing Operations | $3.03 | $2.55 | $2.88 |
| Comprehensive Income Attributable To Noncontrolling Interests | $475.0M | $406.0M | $312.0M |
| Comprehensive Income Attributable To Owners of Parent | $19.30B | $14.38B | $19.28B |
| Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $106.14B | $118.07B | — |
| Current Borrowings and Current Portion of Noncurrent Borrowings | $9.13B | $11.63B | — |
| Current Derivative Financial Assets | $9.11B | $9.67B | — |
| Current Derivative Financial Liabilities | $5.66B | $7.39B | — |
| Current Liabilities Other Than Liabilities Included In Disposal Groups Classified As Held For Sale | $81.59B | $88.83B | — |
| Current Tax Liabilities Current | $3.15B | $4.65B | — |
| Deferred Tax Assets | $8.17B | $6.86B | — |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | $25.30B | $26.87B | $31.29B |
| Diluted Earnings Loss Per Share From Continuing Operations | $3.00 | $2.53 | $2.85 |
| Dividends Paid To Equity Holders of Parent Classified As Financing Activities | $8.47B | $8.67B | $8.39B |
| Dividends Paid To Noncontrolling Interests Classified As Financing Activities | $147.0M | $295.0M | $764.0M |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | $0.37 | — | — |
| Dividends Received Classified As Operating Activities | $4.57B | $3.63B | $3.67B |
| Dividends Recognised As Distributions To Owners Per Share | $1.43 | $1.38 | $1.24 |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | $866.0M | -$761.0M | $306.0M |
| Equity and Liabilities | $370.35B | $387.61B | — |
| Expense Arising From Exploration For and Evaluation of Mineral Resources | $1.14B | $2.41B | $1.75B |
| Gains Losses On Cash Flow Hedges Net of Tax | -$199.0M | $216.0M | $71.0M |
| Increase Decrease In Cash and Cash Equivalents | -$8.89B | $336.0M | -$1.47B |
| Increase Decrease Through Sharebased Payment Transactions | -$498.0M | -$51.0M | -$188.0M |
| Increase Decrease Through Transfers and Other Changes Equity | -$1.44B | $105.0M | $89.0M |
| Intangible Assets Other Than Goodwill | $11.01B | $9.48B | — |
| Interest Expense | $4.67B | $4.79B | $4.67B |
| Interest Paid Classified As Financing Activities | $4.10B | $4.56B | $4.44B |
| Interest Received Classified As Investing Activities | $1.96B | $2.40B | $2.12B |
| Investment Accounted For Using Equity Method | $27.77B | $23.45B | — |
| Issued Capital | $477.0M | $510.0M | — |
| Liabilities | $195.03B | $207.44B | — |
| Liabilities Included In Disposal Groups Classified As Held For Sale | $820.0M | $6.20B | — |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | $1.03B | $9.86B | — |
| Noncurrent Derivative Financial Assets | $619.0M | $374.0M | — |
| Noncurrent Derivative Financial Liabilities | $1.11B | $2.19B | — |
| Noncurrent Financial Assets | $1.56B | $2.25B | — |
| Noncurrent Payables | $4.46B | $3.29B | — |
| Noncurrent Receivables | $8.25B | $6.02B | — |
| Noncurrent Recognised Assets Defined Benefit Plan | $5.05B | $10.00B | — |
| Noncurrent Recognised Liabilities Defined Benefit Plan | $7.14B | $6.75B | — |
| Other Comprehensive Income | $1.66B | -$1.74B | -$48.0M |
| Other Comprehensive Income Net of Tax Change In Value of Foreign Currency Basis Spreads | -$32.0M | -$73.0M | -$148.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | $5.92B | -$3.25B | $1.40B |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | $24.0M | $5.0M | $41.0M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | -$41.0M | $28.0M | -$99.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -$4.16B | $1.41B | -$1.08B |
| Other Comprehensive Income Net of Tax Hedges of Net Investments In Foreign Operations | $16.0M | $0 | -$44.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | $5.89B | -$3.22B | $1.33B |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$4.23B | $1.48B | -$1.38B |
| Other Expense By Nature | $21.90B | $23.38B | $25.24B |
| Other Inflows Outflows of Cash Classified As Operating Activities | $218.0M | $1.54B | -$550.0M |
| Other Longterm Provisions | $21.41B | $21.23B | — |
| Other Shortterm Provisions | $5.88B | $4.47B | — |
| Payments To Acquire Or Redeem Entitys Shares | $13.88B | $13.90B | $14.62B |
| Proceeds From Disposals of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | $1.15B | $1.62B | $2.56B |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | $33.0M | $582.0M | $51.0M |
| Property Plant and Equipment Including Rightofuse Assets | $185.08B | $185.22B | — |
| Purchase of Financial Instruments Classified As Investing Activities | $82.0M | $80.0M | $197.0M |
| Purchase of Interests In Investments Accounted For Using Equity Method | $1.89B | $1.40B | $1.20B |
| Purchase of Other Longterm Assets Classified As Investing Activities | $18.95B | $19.60B | $22.99B |
| Purchase of Treasury Shares | $14.07B | $14.06B | $14.57B |
| Research and Development Expense | $1.17B | $1.10B | $1.29B |
| Retained Earnings | $153.53B | $158.83B | — |
| Selling General and Administrative Expense | $12.61B | $12.44B | $13.43B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | $165.0M | -$118.0M | $18.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Net of Tax | -$34.0M | $47.0M | -$201.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | $1.62B | $2.99B | $3.73B |
Methodology
Every line item above is a fact tagged in SHELL PLC's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (USD), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.