Shell plc (SHEL) Return on equity 2016–2025
Shell plc (SHEL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
10.2%FY2025 · since FY2016: 2.5% → 10.2%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 10.2% | +1.2 pp |
| FY2024 | 9.0% | -1.3 pp |
| FY2023 | 10.4% | -11.8 pp |
| FY2022 | 22.2% | +10.5 pp |
| FY2021 | 11.7% | +25.6 pp |
| FY2020 | -14.0% | -22.5 pp |
| FY2019 | 8.5% | -3.3 pp |
| FY2018 | 11.8% | +5.1 pp |
| FY2017 | 6.7% | +4.2 pp |
| FY2016 | 2.5% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
More SHEL financial trends
SHEL RevenueSHEL Net incomeSHEL Net marginSHEL Gross profitSHEL Gross marginSHEL Operating incomeSHEL Operating marginSHEL Operating cash flowSHEL Free cash flowSHEL Capital expendituresSHEL Stock buybacksSHEL Dividends paidSHEL Total assetsSHEL Total liabilitiesSHEL Shareholders’ equitySHEL overview →