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