Shell plc
SHEL, RYDAF · Crude Petroleum & Natural Gas · EDGAR filings ↗
Grade
C69Integrated energy major with a fortress balance sheet and above-median but cyclical, non-top-decile returns.
Strengths
- Top-decile cash ($30.2B, 99th pct) with above-median ROE (10.3%, 62nd pct) and ROA (4.9%, 66th pct)
- Net income growing (+9.7%, 63rd pct) with moderate leverage (D/E 0.43)
Risks
- Commodity-cyclical with revenue down 6.1% and only mid-pack OCF margin (31st pct)
- Energy-transition, climate-litigation and regulatory pressures on long-term demand
Notable findings
- Strong balance sheetStrong balance sheet — $30.2B cash & investments
Quarterly revenue
Last 3 quarters · from SEC filings.
Key metrics
Net margin
6.8%
Return on equity
10.3%
Return on assets
4.9%
Revenue growth (QoQ)
2.1%
Net-income growth
9.7%
Debt / equity
0.4×
Current ratio
1.3×
Tangible book value
$159.7B
Cash & investments
$30.2B
Supply chain
Customers (0)
Suppliers (1)
Named in the 10-K; linked when we track them.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-12 | 2025-12-31 | 0001628280-26-017024 ↗ |
| 20-F | 2025-03-25 | 2024-12-31 | 0001306965-25-000007 ↗ |
| 20-F | 2024-03-14 | 2023-12-31 | 0001306965-24-000026 ↗ |
| 20-F | 2023-03-09 | 2022-12-31 | 0001306965-23-000007 ↗ |
| 20-F | 2022-03-10 | 2021-12-31 | 0001306965-22-000012 ↗ |
| 20-F | 2021-03-11 | 2020-12-31 | 0001306965-21-000025 ↗ |
| 20-F | 2020-03-12 | 2019-12-31 | 0001306965-20-000014 ↗ |
| 20-F | 2019-03-14 | 2018-12-31 | 0001564590-19-007740 ↗ |
| 20-F | 2018-03-15 | 2017-12-31 | 0001564590-18-005735 ↗ |
| 20-F | 2017-03-09 | 2016-12-31 | 0001564590-17-003822 ↗ |
| 20-F | 2016-03-10 | 2015-12-31 | 0001193125-16-499117 ↗ |
| 20-F | 2015-03-12 | 2014-12-31 | 0001193125-15-088212 ↗ |