Shell plc (SHEL) Earnings History
Annual and quarterly earnings data from 1998 to 2025
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EPS Growth Rates (CAGR)
Compound annual growth rate of diluted earnings per share
CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.
Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 16.7% | 11.5% | 6.7% |
| 2024 | 16.2% | 10.5% | 5.7% |
| 2023 | 14.9% | 9.7% | 6.1% |
| 2022 | 20.7% | 16.6% | 11.1% |
| 2021 | 13.7% | 8.5% | 7.7% |
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Shell plc (SHEL) Earnings Overview
As of February 28, 2026, Shell plc (SHEL) reported trailing twelve-month net income of $17.83B, reflecting +0.2% year-over-year growth. The company earned $6.15 per diluted share over the past four quarters, with a net profit margin of 0.1%.
Looking at the long-term picture, SHEL's historical earnings data spans multiple years. The company achieved its highest annual net income of $42.31B in fiscal 2022.
Shell plc maintains positive profitability with a gross margin of 0.2%, operating margin of 0.1%, and net margin of 0.1%. The company continues to generate positive earnings from operations. View revenue history →
Compared to industry peers including TTE ($13.14B net income, 0.1% margin), BP ($60M net income, 0.0% margin), EQNR ($5.04B net income, 0.0% margin), SHEL has room to improve margins relative to the peer group. Compare SHEL vs TTE →
Peer Comparison
Earnings metrics vs industry competitors
Historical Data
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $17.88B | +11.1% | $30.79B | $6.02 | 6.7% | 11.5% |
| 2024 | $16.09B | -16.9% | $29.99B | $5.06 | 5.7% | 10.5% |
| 2023 | $19.36B | -54.2% | $30.74B | $5.70 | 6.1% | 9.7% |
| 2022 | $42.31B | +110.5% | $63.11B | $11.42 | 11.1% | 16.6% |
| 2021 | $20.10B | +192.7% | $22.28B | $5.14 | 7.7% | 8.5% |
| 2020 | -$21.68B | -236.8% | -$25.53B | $-5.56 | -12.0% | -14.1% |
| 2019 | $15.84B | -32.2% | $22.95B | $3.90 | 4.6% | 6.7% |
| 2018 | $23.35B | +79.9% | $31.19B | $5.60 | 6.0% | 8.0% |
| 2017 | $12.98B | +183.7% | $15.48B | $3.12 | 4.3% | 5.1% |
| 2016 | $4.58B | +135.9% | $2.37B | $1.16 | 2.0% | 1.0% |
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Start ComparisonFrequently Asked Questions
Is SHEL growing earnings?
SHEL EPS of $6.15 reflects slowing growth at +0.2%, below the 5-year CAGR of N/A. TTM net income is $17.8B. Expansion rate has moderated.
What are SHEL's profit margins?
Shell plc net margin is +0.1%, with operating margin at +0.1%. Below-average margins reflect competitive or cost pressures.
How consistent are SHEL's earnings?
SHEL earnings data spans 1998-2025. The current earnings trend is +0.2% YoY. Historical data enables comparison across business cycles.