Shell plc (SHEL) Earnings History
Annual and quarterly earnings data from 1998 to 2025
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SHEL EPS Growth (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.
SHEL Profitability Analysis
Margin trends over time
| Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| 2025 | 16.7% | 7.3% | 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 May 6, 2026, Shell plc (SHEL) reported trailing twelve-month net income of $17.80B, reflecting +19.0% year-over-year growth. The company earned $6.14 per diluted share over the past four quarters, with a net profit margin of 6.7%.
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 16.7%, operating margin of 7.3%, and net margin of 6.7%. The company continues to generate positive earnings from operations. View revenue history →
Compared to peers including XOM ($28.84B net income, 8.9% margin), CVX ($12.30B net income, 6.7% margin), BP ($3.20B net income, 0.0% margin), SHEL has room to improve margins relative to the peer group. Compare SHEL vs XOM →
SHEL Earnings vs Peers
Earnings metrics vs comparable public companies
SHEL Historical Earnings Data (1998–2025)
28 years| Fiscal Year | Net Income | YoY % | Operating Income | EPS (Diluted) | Net Margin | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $17.88B | +11.1% | $19.57B | $6.02 | 6.7% | 7.3% |
| 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% |
Full SHEL Stock Analysis
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View ValuationCompare SHEL vs XOM
Side-by-side business, growth, and profitability comparison vs Exxon Mobil Corporation.
Start ComparisonSHEL — Frequently Asked Questions
Quick answers to the most common questions about buying SHEL stock.
Is SHEL growing earnings?
SHEL EPS is $6.14, with earnings growth accelerating to +19.0%. This exceeds the 5-year CAGR of N/A. TTM net income reached $17.8B.
What are SHEL's profit margins?
Shell plc net margin is +6.7%, with operating margin at +7.3%. Margins sit within typical range for the sector.
How consistent are SHEL's earnings?
SHEL earnings data spans 1998-2025. The accelerating earnings trend is +19.0% YoY. Historical data enables comparison across business cycles.