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 $294.9B against $124.8B — 2.4× the size. Shell PLC Unsponsored ADR trades at the lower P/E: 11.6× against 23.9×. 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%). Across the 21 metrics below, Shell PLC Unsponsored ADR leads on 11 and BP p.l.c. on 10.

Valuation

Metric BP SHEL Oil & Gas Integrated median
P/E 23.91 11.64 12.62
P/S 0.59 0.98 1.29
P/B 1.72 1.64 1.62
Price to free cash flow 7.60 9.06 10.23
EV/EBITDA 3.65 4.70 4.86
EV/Sales 0.65 1.09 1.52
Earnings yield 4.18% 8.59% 7.04%
Free cash flow yield 13.16% 11.04% 6.09%

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% 8.88%
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% (14.54%)
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 4.02% — 3.24%
Payout ratio 0.98 — 0.52

Size

Metric BP SHEL Oil & Gas Integrated median
Market cap 124.76b 294.92b 58.96b

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