Shell plc
Shell plc (SHEL) is listed on NYSE and classified in Oil & Gas Integrated, part of the Energy sector. It is headquartered in London, United Kingdom and has 84,000 employees. The company is worth $300.94B and trades at 11.7x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $266.89B in fiscal 2025, down 6.1% from the year before. Net income was $17.84B. The share price is within 3% of its 52-week high. It pays a dividend yielding 2.95%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Ken Griffin (Citadel Advisors), at $301.56M. In that quarter, 6 of them opened or added to the position. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +153.7% over 5Y.
today you would have $2,794.89▲ +179.5%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 4 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Year-end price | $73.48 | $62.65 | $65.80 | $56.95 | |
| P/E | 11.9x | 12.2x | 12.4x | 11.5x | 5.0x |
| P/S | 1.3x | 1.6x | 1.3x | 1.4x | 1.0x |
| P/B | 2.2x | 2.4x | 2.1x | 2.3x | 2.1x |
| EPS | $6.00 | $5.06 | $5.70 | $11.42 | |
| Dividend yield | 3.83% | 3.90% | 4.39% | 3.76% | 2.63% |
| Payout | 45.57% | 47.73% | 54.39% | 43.40% | 13.13% |
| Profit margin | 6.40% | 6.68% | 5.66% | 6.11% | 11.10% |
| ROE | 10.30% | 10.23% | 9.03% | 10.37% | 22.21% |
Median of the years shown; P/E years above 200x are left out.
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 0.0% a year plus a 2.9% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 11.9 across this company’s own years on record.
Cash flow growing 5.0% a year for 10 years, discounted at 10%, then 2.5% forever.
Sector median of 8.2x operating profit, less net debt. Banks have no EBITDA.
Dividend growing 0.0% a year against a 9.0% required return, from the stock’s beta.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
7 methods answered, across 4 families.
Room for errors in the reported numbers.
-38.1% from the average.
Models, not forecasts, and not investment advice. How each formula works →
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| CVXChevron Corp | $226.68 | 21.8x | 2.3x | 3.14% | 12.23% | $444.66B |
| TTETotalEnergies SE | $90.96 | 11.4x | 1.6x | 4.44% | 14.48% | $200.55B |
| COPConocophillips | $145.63 | 19.3x | 2.7x | 2.31% | 14.18% | $174.95B |
| PBRPetrobras - Petroleo Brasileiro SA | $25.62 | 6.5x | 1.7x | 5.58% | 30.27% | $165.1B |
| PBR.APetrobras - Petroleo Brasileiro SA | $22.90 | 5.8x | 1.5x | 6.24% | 30.27% | $156.79B |
| MPCMarathon Petroleum Corp | $459.28 | 16.2x | 6.8x | 0.87% | 42.10% | $128.98B |