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Friday 6 November 2026
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Shell PLC Unsponsored ADR
SHEL Energy Oil & Gas Integrated
Shell PLC Unsponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $273.7 billion, down 5.29% from fiscal 2024.
- Revenue
- +35.4%
- EPS
- +137.7%
- Free cash flow
- +89.6%
- Total debt
- +2.84%
Quarter to September 2026, against a year earlier
99.05
1.07
−1.07%
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| Dec '16 | Dec '17 | Dec '18 | Dec '19 | Dec '20 | Dec '21 | Dec '22 | Dec '23 | Dec '24 | Dec '25 | |
|---|---|---|---|---|---|---|---|---|---|---|
P/E ratio |
48.02 | 21.53 | 10.37 | 15.05 | 0.00 | 8.35 | 4.86 | 11.56 | 12.36 | 12.13 |
Piotroski F-Score |
5 | 7 | 7 | 5 | 5 | 9 | 8 | 6 | 6 | 6 |
P/S ratio |
0.90 | 0.90 | 0.61 | 0.67 | 0.75 | 0.62 | 0.53 | 0.69 | 0.68 | 0.79 |
Altman Z-Score |
1.86 | 2.39 | 2.75 | 2.42 | 1.24 | 2.02 | 2.54 | 2.39 | 2.29 | 2.37 |
Altman Z″-Score (non-manufacturers) |
2.63 | 3.03 | 3.56 | 3.04 | 1.89 | 3.13 | 3.75 | 3.48 | 3.41 | 3.36 |
P/FCF ratio |
378.79 | 11.85 | 7.01 | 9.90 | 6.85 | 4.18 | 4.35 | 6.57 | 5.38 | 8.64 |
Beneish M-Score |
(2.68) | (2.65) | (2.76) | (2.86) | (3.36) | (2.26) | (2.44) | (3.09) | (3.07) | (2.79) |
P/Operating CF |
23.59 | 38.46 | 10.96 | 23.15 | 21.79 | 20.62 | 9.18 | 17.65 | 14.99 | 22.93 |
Dividend Safety Score |
— | — | — | — | — | — | — | — | — | 61 |
P/B ratio |
1.15 | 1.41 | 1.19 | 1.25 | 0.86 | 0.96 | 1.07 | 1.18 | 1.10 | 1.23 |
Price to Tangible BV |
1.31 | 1.61 | 1.35 | 1.42 | 1.01 | 1.12 | 1.23 | 1.37 | 1.28 | 1.46 |
EV/Sales |
1.21 | 1.09 | 0.72 | 0.88 | 1.13 | 0.77 | 0.58 | 0.77 | 0.78 | 0.92 |
EV/EBITDA |
8.57 | 7.02 | 4.62 | 5.25 | 7.01 | 3.47 | 2.60 | 3.64 | 3.66 | 4.23 |
EV/Operating CF |
14.05 | 9.53 | 5.35 | 7.32 | 6.08 | 4.64 | 3.29 | 4.61 | 4.13 | 5.90 |
EV/FCF |
507.24 | 14.39 | 8.25 | 12.86 | 10.36 | 5.19 | 4.76 | 7.39 | 6.15 | 10.08 |
Quick Ratio |
0.88 | 0.88 | 0.98 | 0.86 | 0.97 | 1.06 | 1.08 | 1.12 | 1.00 | 1.02 |
Current Ratio |
1.17 | 1.20 | 1.25 | 1.16 | 1.25 | 1.35 | 1.37 | 1.40 | 1.35 | 1.30 |
Net Debt/EBITDA |
2.17 | 1.24 | 0.70 | 1.21 | 2.38 | 0.68 | 0.22 | 0.40 | 0.46 | 0.61 |
Debt/Assets |
22.49% | 21.04% | 19.24% | 23.85% | 28.48% | 22.03% | 18.91% | 20.07% | 19.89% | 20.42% |
Debt/Equity |
0.49 | 0.43 | 0.38 | 0.51 | 0.68 | 0.51 | 0.44 | 0.43 | 0.43 | 0.43 |
Asset Turnover |
0.64 | 0.76 | 0.98 | 0.88 | 0.47 | 0.70 | 0.91 | 0.76 | 0.73 | 0.72 |
Operating CF/Net income |
4.51 | 2.75 | 2.27 | 2.66 | (1.57) | 2.24 | 1.62 | 2.80 | 3.40 | 2.40 |
Capex/Depreciation |
(0.80) | (0.46) | (0.84) | (0.63) | (0.27) | (0.18) | (1.14) | (0.65) | (0.67) | (0.70) |
Interest Coverage |
2.75 | 5.49 | 10.51 | 6.43 | (5.59) | 9.27 | 21.38 | 7.98 | 7.25 | 7.37 |
| 2.59% | 6.72% | 11.67% | 8.06% | (12.42%) | 12.04% | 23.00% | 10.16% | 8.73% | 10.04% | |
| 1.22% | 3.17% | 5.79% | 3.94% | (5.53%) | 5.13% | 9.99% | 4.56% | 4.05% | 4.71% | |
ROIC |
2.10% | 5.37% | 10.02% | 7.21% | (6.25%) | 9.67% | 20.07% | 10.79% | 10.41% | 10.17% |
Return on Tangible Assets |
1.84% | 5.36% | 9.62% | 6.30% | (9.51%) | 8.81% | 17.39% | 8.29% | 7.38% | 8.50% |
Average Days of Receivables |
69.44 | 52.16 | 39.05 | 45.00 | 66.99 | 71.23 | 62.86 | 60.17 | 57.91 | 59.47 |
Research and Development Expense of Revenue |
0.42% | 0.30% | 0.25% | 0.27% | 0.50% | 0.30% | 0.28% | 0.40% | 0.38% | 0.43% |
Selling, General and Administrative Expense of Revenue |
5.04% | 3.37% | 2.86% | 2.98% | 5.39% | 4.15% | 3.34% | 4.16% | 4.30% | 4.61% |
Intangible Assets out of Total Assets |
0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.06 | 0.07 | 0.07 | 0.07 |
Share Based Compensation of Revenue |
0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Graham Net Nets |
(0.63) | (0.41) | (0.41) | (0.51) | (0.94) | (0.60) | (0.41) | (0.38) | (0.40) | (0.41) |
Graham Number |
35.29 | 58.49 | 78.64 | 64.57 | 0.00 | 72.70 | 116.57 | 84.71 | 80.78 | 90.09 |
Earnings Yield |
2.08% | 4.64% | 9.64% | 6.65% | (15.90%) | 11.98% | 20.58% | 8.65% | 8.09% | 8.25% |
Free Cash Flow Yield |
0.26% | 8.44% | 14.27% | 10.10% | 14.61% | 23.95% | 22.97% | 15.22% | 18.60% | 11.58% |
Revenue per Share |
61.28 | 75.85 | 95.75 | 87.39 | 47.00 | 70.26 | 105.12 | 95.99 | 91.76 | 92.94 |
Operating CF per Share |
5.26 | 8.67 | 12.82 | 10.47 | 8.75 | 11.62 | 18.62 | 16.10 | 17.36 | 14.55 |
Capex per Share |
(5.12) | (2.93) | (4.50) | (4.51) | (3.62) | (1.23) | (5.76) | (6.07) | (5.71) | (6.04) |
Free Cash Flow per Share |
0.15 | 5.74 | 8.32 | 5.96 | 5.13 | 10.39 | 12.86 | 10.03 | 11.65 | 8.51 |
Cash per Share |
4.88 | 6.23 | 8.19 | 6.26 | 9.65 | 12.46 | 17.61 | 16.00 | 15.49 | 13.35 |
Shareholders Equity per Share |
48.13 | 48.11 | 48.90 | 47.27 | 40.67 | 45.18 | 52.43 | 55.95 | 57.20 | 59.52 |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Book value per Share |
48.13 | 48.11 | 48.90 | 47.27 | 40.67 | 45.18 | 52.43 | 55.95 | 57.20 | 59.52 |
Free Cash Flow |
571.00 | 23,613.00 | 34,440.00 | 24,010.00 | 20,009.00 | 40,337.00 | 47,245.00 | 33,763.00 | 36,707.00 | 25,064.00 |
Working Capital |
12,744.00 | 15,637.00 | 19,669.00 | 13,065.00 | 18,246.00 | 33,218.00 | 44,627.00 | 38,648.00 | 32,892.00 | 24,758.00 |
Capital Expenditures |
(20,044.00) | (12,037.00) | (18,645.00) | (18,168.00) | (14,096.00) | (4,767.00) | (21,169.00) | (20,428.00) | (17,980.00) | (17,799.00) |
Net Current Asset Value |
(136,195.00) | (113,881.00) | (99,178.00) | (121,184.00) | (128,777.00) | (100,288.00) | (84,489.00) | (83,793.00) | (79,515.00) | (87,858.00) |
EV/EBIT |
32.88 | 15.33 | 7.22 | 10.24 | 0.00 | 6.26 | 3.31 | 6.69 | 6.50 | 7.34 |
Capex to Sales |
0.08 | 0.04 | 0.05 | 0.05 | 0.08 | 0.02 | 0.05 | 0.06 | 0.06 | 0.07 |
Price to Operating Income |
24.55 | 12.62 | 6.13 | 7.88 | 0.00 | 5.04 | 3.02 | 5.95 | 5.69 | 6.29 |
| Other line items | ||||||||||
Depreciation/Fixed assets |
0.11 | 0.12 | 0.10 | 0.12 | 0.25 | 0.14 | 0.09 | 0.16 | 0.15 | 0.14 |
Cash ROIC |
0.19% | 7.64% | 10.99% | 7.69% | 6.58% | 12.90% | 13.85% | 10.43% | 11.99% | 8.63% |
Accounts Receivable Turnover |
5.25 | 6.91 | 9.12 | 8.20 | 4.76 | 6.28 | 6.45 | 5.40 | 5.83 | 6.05 |
Accounts Payable Turnover |
3.64 | 4.81 | 6.44 | 5.74 | 3.05 | 3.72 | 4.01 | 3.25 | 3.32 | 3.38 |
Inventory Turnover |
10.27 | 10.73 | 13.93 | 12.47 | 6.56 | 8.95 | 10.00 | 8.28 | 8.65 | 8.77 |
Average Days of Payables |
100.96 | 74.45 | 55.29 | 63.74 | 113.89 | 115.20 | 101.38 | 103.83 | 103.56 | 105.31 |
Days of Inventory on Hand |
41.16 | 36.53 | 23.88 | 31.18 | 49.72 | 46.06 | 40.74 | 39.59 | 39.97 | 40.50 |
Average Receivables |
45,724.00 | 45,114.50 | 43,498.00 | 42,922.50 | 38,519.50 | 43,416.50 | 59,859.00 | 59,891.50 | 49,566.50 | 45,228.50 |
Average Payables |
53,093.50 | 52,413.50 | 50,149.00 | 49,048.00 | 46,890.00 | 53,872.50 | 71,265.00 | 73,797.00 | 64,465.00 | 59,231.50 |
Average Inventory |
18,798.50 | 23,499.00 | 23,170.00 | 22,594.00 | 21,764.00 | 22,357.50 | 28,576.00 | 28,956.50 | 24,722.50 | 22,821.00 |
Average Assets |
375,716.00 | 409,186.00 | 403,145.50 | 401,765.00 | 391,802.00 | 391,823.50 | 423,701.50 | 424,647.00 | 396,939.50 | 378,979.50 |
Average Common Equity |
176,316.00 | 193,161.50 | 200,173.00 | 196,498.50 | 174,500.00 | 166,931.50 | 183,961.50 | 190,479.50 | 184,265.00 | 177,743.50 |
Columns are period end dates · fundamentals updated 2 Nov 2026