BP p.l.c. (BP) vs Shell PLC Unsponsored ADR (SHEL)

BP p.l.c. and Shell PLC Unsponsored ADR are both Oil & Gas Integrated companies. Shell PLC Unsponsored ADR is the larger, with a market value of $274.6B against $114.5B — 2.4× the size. Shell PLC Unsponsored ADR trades at the lower P/E: 10.5× against 21.1×. BP p.l.c. grew revenue faster over the last twelve months: 14.9% against 10.1%. Shell PLC Unsponsored ADR has the higher net margin (8.55% vs 2.46%) and the lower return on invested capital (13.1% vs 15.1%). Both pay a dividend; BP p.l.c. yields more (5.01% vs 4.38%). Across the 22 metrics below, BP p.l.c. leads on 11 and Shell PLC Unsponsored ADR on 11.

Valuation

Metric BP SHEL Oil & Gas Integrated median
P/E 21.07 10.46 11.88
P/S 0.52 0.88 1.20
P/B 1.51 1.47 1.56
Price to free cash flow 6.70 8.14 9.74
EV/EBITDA 3.26 4.27 4.94
EV/Sales 0.58 0.99 1.57
Earnings yield 4.75% 9.56% 7.58%
Free cash flow yield 14.93% 12.29% 6.71%

Profitability

Metric BP SHEL Oil & Gas Integrated median
Gross margin 29.15% 27.55% 39.18%
Operating margin 9.80% 14.81% 14.90%
Net margin 2.46% 8.55% 8.76%
Free cash flow margin 7.83% 10.81% 9.61%
Return on equity 7.29% 14.24% 12.22%
Return on assets 1.87% 6.76% 6.47%
Return on invested capital 15.06% 13.13% 10.61%

Growth

Metric BP SHEL Oil & Gas Integrated median
Revenue growth (TTM) 14.85% 10.06% 5.63%
EPS growth (last fiscal year) (85.71%) 18.58% —
Revenue growth, 5-year CAGR 12.04% 8.36% 12.04%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric BP SHEL Oil & Gas Integrated median
Debt to equity 0.76 0.40 0.55
Current ratio 1.27 1.43 1.18
Net debt to EBITDA 0.53 0.61 0.80

Dividend

Metric BP SHEL Oil & Gas Integrated median
Dividend yield 5.01% 4.38% 5.01%
Payout ratio 0.25 0.26 0.29

Size

Metric BP SHEL Oil & Gas Integrated median
Market cap 114.45b 274.55b 51.12b

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