Shell Net Profit Margin Growth & History (SHEL)
Shell's net profit margin was 6.79% for fiscal 2025.
View full Shell company overviewShell annual net profit margin history
| Fiscal year | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 6.79% | +0.98 pp |
| 2024 | 2024-12-31 | 5.81% | −0.39 pp |
| 2023 | 2023-12-31 | 6.20% | −5.04 pp |
| 2022 | 2022-12-31 | 11.24% | +3.35 pp |
| 2021 | 2021-12-31 | 7.89% | +19.82 pp |
| 2020 | 2020-12-31 | −11.93% | −16.69 pp |
| 2019 | 2019-12-31 | 4.76% | −1.39 pp |
| 2018 | 2018-12-31 | 6.16% | +1.75 pp |
| 2017 | 2017-12-31 | 4.40% | +2.36 pp |
| 2016 | 2016-12-31 | 2.05% | +1.21 pp |
| 2015 | 2015-12-31 | 0.83% | — |
Shell quarterly net profit margin
| Fiscal quarter | Period ended | Net profit margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 11.43% | +5.86 pp |
| Q1 2026 | 2026-03-31 | 8.17% | +1.13 pp |
| Q4 2025 | 2025-12-31 | 6.45% | — |
| Q3 2025 | 2025-09-30 | 7.81% | — |
| Q2 2025 | 2025-06-30 | 5.57% | +0.67 pp |
| Q1 2025 | 2025-03-31 | 7.04% | −3.22 pp |
| Q2 2024 | 2024-06-30 | 4.90% | +0.67 pp |
| Q1 2024 | 2024-03-31 | 10.26% | +0.18 pp |
| Q2 2023 | 2023-06-30 | 4.23% | −14.00 pp |
| Q1 2023 | 2023-03-31 | 10.09% | +1.40 pp |
| Q2 2022 | 2022-06-30 | 18.23% | +12.35 pp |
| Q1 2022 | 2022-03-31 | 8.69% | −1.70 pp |
| Q2 2021 | 2021-06-30 | 5.88% | +61.57 pp |
| Q1 2021 | 2021-03-31 | 10.39% | +10.43 pp |
| Q2 2020 | 2020-06-30 | −55.69% | −59.18 pp |
| Q1 2020 | 2020-03-31 | −0.04% | −7.39 pp |
| Q2 2019 | 2019-06-30 | 3.49% | −2.90 pp |
| Q1 2019 | 2019-03-31 | 7.35% | — |
| Q3 2018 | 2018-09-30 | 6.03% | +0.48 pp |
| Q2 2018 | 2018-06-30 | 6.39% | — |
| Q3 2017 | 2017-09-30 | 5.55% | — |
Shell net profit margin trends
Over the last five fiscal years, Shell's net profit margin increased from −11.93% to 6.79%, a change of +18.72 percentage points. The latest reported quarter, Q2 2026, shows 11.43%.
What net profit margin means
Net profit margin measures the percentage of revenue remaining as net income after operating costs, interest, taxes, and other expenses. It shows how much bottom-line profit or loss a company generates from each dollar of revenue.
How net profit margin is calculated
TickerStat calculates net profit margin as SEC-reported net income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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