Shell plc (SHEL) quarterly income statement — complete revenue, gross profit & net income history
| Sales/Revenue | 69.57B | 64.09B | 67.74B | 65.41B | 69.23B | 66.28B | 71.09B | 74.46B | 72.48B | 78.73B | 76.35B | 74.58B |
| Revenue Growth % | 0.49% | -3.3% | -4.71% | -12.16% | -4.48% | -15.81% | -6.89% | -0.15% | -16.65% | -22.28% | -20.26% | -25.47% |
| Cost of Goods Sold | 56.26B | 56.81B | 56.41B | 55.68B | 56.53B | 59.45B | 59.94B | 62.56B | 58.33B | 67.54B | 61.24B | 63.24B |
| COGS % of Revenue | 80.87% | 88.64% | 83.27% | 85.13% | 81.65% | 89.69% | 84.32% | 84.02% | 80.48% | 85.78% | 80.21% | 84.8% |
| Gross Profit | 13.31B | 7.28B | 11.33B | 9.73B | 12.71B | 6.83B | 11.15B | 11.9B | 14.15B | 11.19B | 15.11B | 11.34B |
| Gross Margin % | 19.13% | 11.36% | 16.73% | 14.87% | 18.35% | 10.31% | 15.68% | 15.98% | 19.52% | 14.22% | 19.79% | 15.2% |
| Gross Profit Growth % | 4.77% | 6.53% | 1.66% | -18.24% | -10.19% | -38.95% | -26.2% | 4.95% | -20.3% | -49.43% | 11.98% | -47.11% |
| Operating Expenses | 2.97B | 4.12B | 3.51B | 3.71B | 3.23B | 4.42B | 3.74B | 3.85B | 3.94B | 4.56B | 4.15B | 4.05B |
| OpEx % of Revenue | 4.26% | 6.43% | 5.19% | 5.68% | 4.67% | 6.67% | 5.26% | 5.17% | 5.43% | 5.79% | 5.44% | 5.44% |
| Selling, General & Admin | 2.8B | 3.43B | 3.26B | 3.08B | 2.84B | 3.23B | 3.14B | 3.09B | 2.98B | 3.62B | 3.45B | 3.31B |
| SG&A % of Revenue | 4.02% | 5.35% | 4.81% | 4.7% | 4.1% | 4.87% | 4.42% | 4.16% | 4.1% | 4.6% | 4.51% | 4.44% |
| Research & Development | 166.72M | 298M | 406.54M | 278M | 185M | 331M | 294M | 263M | 212M | 469M | 267M | 297M |
| R&D % of Revenue | 0.24% | 0.46% | 0.6% | 0.43% | 0.27% | 0.5% | 0.41% | 0.35% | 0.29% | 0.6% | 0.35% | 0.4% |
| Other Operating Expenses | 0 | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Operating Income | 10.35B | 3.16B | 7.82B | 6.01B | 9.47B | 2.41B | 7.41B | 8.04B | 10.21B | 6.63B | 10.96B | 7.28B |
| Operating Margin % | 14.87% | 4.93% | 11.54% | 9.19% | 13.68% | 3.64% | 10.42% | 10.8% | 14.09% | 8.43% | 14.35% | 9.76% |
| Operating Income Growth % | 9.26% | 30.97% | 5.53% | -25.26% | -7.25% | -63.65% | -32.37% | 10.48% | -27.29% | -62.29% | 13.92% | -59.26% |
| EBITDA | 16.08B | 8.91B | 13.61B | 11.48B | 14.6B | 8.24B | 12.99B | 13.69B | 16.09B | 20.8B | 16.67B | 12.99B |
| EBITDA Margin % | 23.11% | 13.9% | 20.09% | 17.55% | 21.09% | 12.43% | 18.27% | 18.38% | 22.2% | 26.43% | 21.84% | 17.42% |
| EBITDA Growth % | 10.1% | 8.11% | 4.77% | -16.15% | -9.27% | -60.39% | -22.1% | 5.37% | -18.48% | 6.91% | 9.1% | -44.69% |
| D&A (Non-Cash Add-back) | 5.73B | 5.75B | 5.79B | 5.46B | 5.13B | 5.83B | 5.58B | 5.64B | 5.88B | 14.17B | 5.72B | 5.71B |
| EBIT | 10.35B | 8.16B | 9.15B | 7.05B | 10.08B | 5.49B | 8.44B | 8.64B | 12.21B | 2.75B | 12.42B | 6.56B |
| Net Interest Income | -1.1B | -811M | -811.1M | -474M | -554M | -1.1B | -396M | -545M | -357M | -575.97M | -318M | -499M |
| Interest Income | 371.38M | 452M | 465.19M | 601M | 566M | 185M | 778M | 690M | 807M | 600.18M | 813M | 712M |
| Interest Expense | 1.47B | 1.26B | 1.28B | 1.07B | 1.12B | 1.28B | 1.17B | 1.24B | 1.16B | 1.18B | 1.13B | 1.21B |
| Other Income/Expense | -1.04B | 3.74B | 56.66M | -38M | -512M | 1.79B | -140M | -641M | 833M | -5B | 335M | -1.93B |
| Pretax Income | 9.31B | 6.9B | 7.88B | 5.97B | 8.96B | 4.21B | 7.27B | 7.4B | 11.04B | 1.63B | 11.29B | 5.35B |
| Pretax Margin % | 13.38% | 10.76% | 11.63% | 9.14% | 12.94% | 6.34% | 10.23% | 9.94% | 15.24% | 2.08% | 14.79% | 7.17% |
| Income Tax | 3.56B | 2.72B | 2.49B | 2.33B | 4.08B | 3.16B | 2.88B | 3.75B | 3.6B | 1.1B | 4.12B | 2.19B |
| Effective Tax Rate % | 38.27% | 39.42% | 31.6% | 39.03% | 45.57% | 75.24% | 39.6% | 50.7% | 32.63% | 67.26% | 36.44% | 41.04% |
| Net Income | 5.68B | 4.13B | 5.29B | 3.6B | 4.78B | 928M | 4.29B | 3.52B | 7.36B | 472M | 7.04B | 3.13B |
| Net Margin % | 8.17% | 6.45% | 7.81% | 5.51% | 6.9% | 1.4% | 6.04% | 4.72% | 10.15% | 0.6% | 9.23% | 4.2% |
| Net Income Growth % | 18.92% | 345.47% | 23.28% | 2.39% | -35.04% | 96.61% | -39.08% | 12.22% | -15.51% | -95.47% | 4.46% | -82.63% |
| Net Income (Continuing) | 5.75B | 4.18B | 5.39B | 3.64B | 4.88B | 1.04B | 4.39B | 3.65B | 7.44B | 534M | 7.18B | 3.15B |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 1.02B | 928M | 2B | 1.95B | 1.86B | 1.86B | 1.86B | 1.78B | 1.74B | 1.75B | 1.75B | 1.63B |
| EPS (Diluted) | 2.00 | 1.42 | 1.80 | 1.20 | 1.50 | 0.30 | 1.36 | 1.10 | 2.26 | 0.14 | 2.10 | 0.92 |
| EPS Growth % | 33.33% | 373.33% | 32.35% | 9.09% | -33.63% | 114.29% | -35.24% | 19.57% | -9.6% | -95.21% | 14.13% | -80.83% |
| EPS (Basic) | 2.00 | 1.44 | 1.82 | 1.22 | 1.52 | 0.30 | 1.38 | 1.10 | 2.28 | 0.14 | 2.12 | 0.92 |
| Diluted Shares Outstanding | 2.85B | 2.9B | 2.95B | 3B | 3.18B | 3.11B | 3.2B | 3.21B | 3.25B | 3.32B | 3.37B | 3.43B |
| Basic Shares Outstanding | 2.83B | 2.87B | 2.92B | 2.97B | 3.15B | 3.07B | 3.16B | 3.2B | 3.22B | 3.28B | 3.33B | 3.4B |
| Dividend Payout Ratio | 36.88% | 49.95% | 39.49% | 58.93% | 45.59% | 227.8% | 50.5% | 61.9% | 30.04% | 466.31% | 30.93% | 63.27% |