Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Shell plc.
Income Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $316.62B | $381.31B | $261.50B | $180.54B | $344.88B | $388.38B | $305.18B | $233.59B | $264.96B | $421.11B |
| Cost of Revenue | $269.41B | $302.54B | $225.66B | $193.54B | $308.12B | $343.50B | $276.32B | $216.00B | $249.45B | $381.54B |
| Gross Profit | $47.21B | $78.78B | $35.85B | $-12.99B | $36.76B | $44.88B | $28.86B | $17.59B | $15.51B | $39.57B |
| Gross Profit Ratio | 14.90% | 20.66% | 13.70% | -7.20% | 10.66% | 11.55% | 9.46% | 7.53% | 5.85% | 9.40% |
| Research and Development Expenses | $1.29B | $1.07B | $815.00M | $907.00M | $962.00M | $986.00M | $922.00M | $1.01B | $1.09B | $1.22B |
| General and Administrative Expenses | $13.43B | $12.88B | $11.33B | $9.88B | $10.49B | $11.36B | $10.51B | $12.10B | $11.96B | $13.96B |
| Selling and Marketing Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Selling General and Administrative Expenses | $13.43B | $12.88B | $11.33B | $9.88B | $10.49B | $11.36B | $10.51B | $12.10B | $11.96B | $13.96B |
| Other Expenses | $32.49B | $1.71B | $1.42B | $1.75B | $2.35B | $4.07B | $2.47B | $-302.00M | $5.72B | $4.22B |
| Operating Expenses | $47.21B | $15.67B | $13.57B | $12.54B | $13.81B | $13.69B | $13.38B | $15.22B | $18.77B | $19.41B |
| Cost and Expenses | $281.68B | $318.20B | $239.22B | $206.07B | $321.93B | $357.19B | $289.70B | $231.22B | $268.22B | $400.95B |
| Interest Income | $2.99B | $398.00M | $852.00M | $869.00M | $3.62B | $4.07B | $2.47B | $2.90B | $3.67B | $4.12B |
| Interest Expense | $4.63B | $3.18B | $3.61B | $4.09B | $4.69B | $3.75B | $4.04B | $3.20B | $1.89B | $1.80B |
| Depreciation and Amortization | $31.29B | $18.53B | $26.92B | $52.44B | $28.70B | $22.14B | $26.22B | $24.99B | $26.71B | $24.50B |
| EBITDA | $68.55B | $86.60B | $54.36B | $29.53B | $58.74B | $61.33B | $48.28B | $34.10B | $30.69B | $54.61B |
| EBITDA Ratio | 21.65% | 23.54% | 20.79% | 16.38% | 17.07% | 15.84% | 15.86% | 14.47% | 11.57% | 13.04% |
| Operating Income | $30.74B | $67.35B | $27.44B | $-22.88B | $30.18B | $31.19B | $15.48B | $2.37B | $-3.26B | $19.88B |
| Operating Income Ratio | 9.71% | 17.66% | 10.49% | -12.67% | 8.75% | 8.03% | 5.07% | 1.01% | -1.23% | 4.72% |
| Total Other Income Expenses Net | $1.89B | $1.71B | $2.39B | $-4.09B | $-4.69B | $4.43B | $2.65B | $3.24B | $5.31B | $8.44B |
| Income Before Tax | $32.63B | $64.81B | $29.83B | $-26.97B | $25.49B | $35.62B | $18.13B | $5.61B | $2.05B | $28.59B |
| Income Before Tax Ratio | 10.30% | 17.00% | 11.41% | -14.94% | 7.39% | 9.17% | 5.94% | 2.40% | 0.77% | 6.79% |
| Income Tax Expense | $12.99B | $21.94B | $9.20B | $-5.43B | $9.05B | $11.71B | $4.70B | $829.00M | $-153.00M | $13.69B |
| Net Income | $19.36B | $42.31B | $20.10B | $-21.53B | $15.84B | $23.35B | $12.98B | $4.58B | $1.94B | $15.05B |
| Net Income Ratio | 6.11% | 11.10% | 7.69% | -11.93% | 4.59% | 6.01% | 4.25% | 1.96% | 0.73% | 3.57% |
| EPS | $2.85 | $5.76 | $2.59 | $-2.76 | $1.97 | $2.82 | $1.58 | $0.58 | $0.31 | $2.38 |
| EPS Diluted | $2.85 | $5.71 | $2.57 | $-2.76 | $1.95 | $2.80 | $1.56 | $0.58 | $0.30 | $2.38 |
| Weighted Average Shares Outstanding | 6.79B | 7.35B | 7.76B | 7.80B | 8.06B | 8.28B | 8.22B | 7.83B | 6.32B | 6.31B |
| Weighted Average Shares Outstanding Diluted | 6.80B | 7.41B | 7.81B | 7.80B | 8.11B | 8.35B | 8.30B | 7.89B | 6.39B | 6.31B |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $38.77B | $40.25B | $36.97B | $31.83B | $18.05B | $26.74B | $20.31B | $19.13B | $31.75B | $21.61B |
| Short Term Investments | $- | $- | $- | $-12.92B | $-13.49B | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $38.77B | $40.25B | $36.97B | $31.83B | $18.05B | $26.74B | $20.31B | $19.13B | $31.75B | $21.61B |
| Net Receivables | $- | $39.54B | $34.95B | $39.41B | $50.56B | $27.54B | $30.72B | $25.77B | $22.71B | $31.57B |
| Inventory | $26.02B | $31.89B | $25.26B | $19.46B | $24.07B | $21.12B | $25.22B | $21.77B | $15.82B | $19.98B |
| Other Current Assets | $69.32B | $93.95B | $66.65B | $40.73B | $50.99B | $49.62B | $49.87B | $45.66B | $45.78B | $58.47B |
| Total Current Assets | $134.12B | $165.94B | $128.77B | $90.69B | $92.69B | $97.48B | $95.40B | $86.57B | $93.36B | $100.06B |
| Property Plant Equipment Net | $194.84B | $198.64B | $194.93B | $210.85B | $238.35B | $223.18B | $226.38B | $236.10B | $182.84B | $192.47B |
| Goodwill | $16.66B | $16.04B | $14.92B | $14.15B | $14.21B | $13.72B | $13.66B | $12.99B | $2.01B | $2.40B |
| Intangible Assets | $10.25B | $9.66B | $9.77B | $8.67B | $9.28B | $9.87B | $10.52B | $10.98B | $4.27B | $4.68B |
| Goodwill and Intangible Assets | $26.91B | $25.70B | $24.69B | $22.82B | $23.49B | $23.59B | $24.18B | $23.97B | $6.28B | $7.08B |
| Long Term Investments | $- | $27.23B | $27.21B | $38.59B | $39.29B | $28.40B | $35.15B | $39.21B | $33.57B | $35.67B |
| Tax Assets | $- | $7.82B | $12.43B | $16.31B | $10.52B | $12.10B | $13.79B | $14.43B | $11.03B | $8.03B |
| Other Non-Current Assets | $50.41B | $17.70B | $16.35B | $-1.00M | $1.00M | $14.45B | $12.19B | $11.01B | $13.08B | $9.99B |
| Total Non-Current Assets | $272.15B | $277.09B | $275.61B | $288.57B | $311.65B | $301.71B | $311.69B | $324.71B | $246.80B | $253.24B |
| Other Assets | $- | $- | $- | $1.00M | $-1.00M | $- | $- | $- | $- | $- |
| Total Assets | $406.27B | $443.02B | $404.38B | $379.27B | $404.34B | $399.19B | $407.10B | $411.27B | $340.16B | $353.29B |
| Account Payables | $34.59B | $42.63B | $34.14B | $22.66B | $29.50B | $30.35B | $33.20B | $28.07B | $23.80B | $32.13B |
| Short Term Debt | $9.93B | $9.00B | $8.22B | $16.90B | $15.06B | $10.13B | $11.79B | $9.48B | $5.53B | $7.21B |
| Tax Payables | $6.53B | $4.87B | $3.25B | $6.01B | $6.69B | $7.50B | $7.25B | $6.68B | $8.23B | $9.80B |
| Deferred Revenue | $- | $- | $24.16B | $15.38B | $15.35B | $7.50B | $-16.22B | $-18.66B | $-20.74B | $-22.94B |
| Other Current Liabilities | $44.42B | $64.81B | $49.94B | $28.38B | $28.37B | $29.83B | $27.53B | $29.59B | $33.39B | $37.08B |
| Total Current Liabilities | $95.47B | $121.31B | $95.55B | $73.95B | $79.62B | $77.81B | $79.77B | $73.83B | $70.95B | $86.21B |
| Long Term Debt | $71.61B | $74.79B | $80.87B | $91.11B | $81.36B | $66.69B | $73.87B | $82.99B | $52.85B | $38.33B |
| Deferred Revenue Non-Current | $- | $- | $40.09B | $- | $38.37B | $- | $- | $- | $- | $- |
| Deferred Tax Liabilities Non-Current | $15.35B | $16.19B | $12.55B | $10.46B | $14.52B | $14.84B | $13.01B | $15.27B | $8.98B | $12.05B |
| Other Non-Current Liabilities | $35.48B | $54.32B | $1.00M | $55.66B | $52.89B | $52.16B | $55.65B | $65.95B | $52.24B | $55.79B |
| Total Non-Current Liabilities | $122.44B | $129.12B | $133.51B | $146.78B | $134.25B | $118.85B | $129.52B | $148.94B | $105.09B | $94.12B |
| Other Liabilities | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities | $217.91B | $250.43B | $229.05B | $220.73B | $213.87B | $196.66B | $209.28B | $222.76B | $176.04B | $180.33B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $17.92B | $15.71B |
| Common Stock | $544.00M | $584.00M | $641.00M | $651.00M | $657.00M | $685.00M | $696.00M | $683.00M | $546.00M | $540.00M |
| Retained Earnings | $165.91B | $169.48B | $153.03B | $142.62B | $172.43B | $182.61B | $177.65B | $175.57B | $180.10B | $187.16B |
| Accumulated Other Comprehensive Income Loss | $- | $20.25B | $18.14B | $11.89B | $13.23B | $15.20B | $15.86B | $10.24B | $-17.92B | $-15.71B |
| Other Total Stockholders Equity | $20.15B | $20.41B | $18.30B | $12.04B | $13.39B | $15.36B | $16.02B | $10.40B | $-35.69B | $-31.44B |
| Total Stockholders Equity | $186.61B | $190.47B | $171.97B | $155.31B | $186.48B | $198.65B | $194.36B | $186.65B | $162.88B | $172.14B |
| Total Equity | $188.36B | $192.60B | $175.33B | $158.54B | $190.46B | $202.53B | $197.81B | $188.51B | $164.12B | $172.96B |
| Total Liabilities and Stockholders Equity | $406.27B | $443.02B | $404.38B | $379.27B | $404.34B | $399.19B | $407.10B | $411.27B | $340.16B | $353.29B |
| Minority Interest | $1.75B | $2.13B | $3.36B | $3.23B | $3.99B | $3.89B | $3.46B | $1.86B | $1.25B | $820.00M |
| Total Liabilities and Total Equity | $406.27B | $443.02B | $404.38B | $379.27B | $404.34B | $399.19B | $407.10B | $411.27B | $340.16B | $353.29B |
| Total Investments | $27.70B | $27.23B | $27.21B | $25.67B | $25.80B | $28.40B | $35.15B | $39.21B | $33.57B | $35.67B |
| Total Debt | $81.54B | $83.80B | $89.09B | $108.01B | $96.42B | $76.82B | $85.67B | $92.48B | $58.38B | $45.54B |
| Net Debt | $42.77B | $43.55B | $52.12B | $76.18B | $78.37B | $50.08B | $65.35B | $73.35B | $26.63B | $23.93B |
Cash Flow Statement
| Breakdown | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 | December 31, 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $19.36B | $64.81B | $29.83B | $-26.97B | $25.49B | $23.91B | $13.44B | $4.78B | $2.20B | $14.91B |
| Depreciation and Amortization | $31.29B | $22.39B | $26.92B | $52.44B | $28.70B | $22.14B | $26.22B | $24.99B | $26.71B | $24.50B |
| Deferred Income Tax | $- | $-824.00M | $-555.00M | $-376.00M | $-552.00M | $- | $- | $- | $- | $- |
| Stock Based Compensation | $717.00M | $824.00M | $555.00M | $376.00M | $552.00M | $545.00M | $819.00M | $708.00M | $769.00M | $822.00M |
| Change in Working Capital | $18.73B | $-5.43B | $-10.37B | $4.61B | $-4.78B | $3.44B | $-3.16B | $-6.29B | $5.52B | $6.12B |
| Accounts Receivables | $12.40B | $-8.99B | $-20.57B | $9.62B | $-921.00M | $1.96B | $-2.58B | $-4.13B | $9.85B | $-1.54B |
| Inventory | $6.33B | $-8.36B | $-7.32B | $4.48B | $-2.63B | $2.82B | $-2.08B | $-5.66B | $2.83B | $7.96B |
| Accounts Payables | $- | $8.99B | $20.57B | $-9.62B | $921.00M | $- | $- | $- | $- | $- |
| Other Working Capital | $- | $2.93B | $-3.05B | $133.00M | $-2.14B | $619.00M | $-1.08B | $-631.00M | $2.69B | $-1.83B |
| Other Non Cash Items | $-15.90B | $-13.36B | $-1.28B | $4.02B | $-7.23B | $3.60B | $-849.00M | $-2.87B | $-4.62B | $-488.00M |
| Net Cash Provided by Operating Activities | $54.19B | $68.41B | $45.10B | $34.10B | $42.18B | $53.09B | $35.65B | $20.61B | $29.81B | $45.04B |
| Investments in Property Plant and Equipment | $-22.99B | $-22.60B | $-19.00B | $-16.59B | $-22.97B | $-23.01B | $-20.84B | $-22.12B | $-26.13B | $-31.85B |
| Acquisitions Net | $-728.00M | $-1.46B | $105.00M | $216.00M | $1.86B | $714.00M | $1.58B | $-11.19B | $-620.00M | $2.74B |
| Purchases of Investments | $-197.00M | $-261.00M | $-218.00M | $-218.00M | $-205.00M | $- | $- | $- | $- | $-587.00M |
| Sales Maturities of Investments | $51.00M | $117.00M | $296.00M | $281.00M | $469.00M | $- | $- | $- | $- | $- |
| Other Investing Activities | $6.13B | $1.76B | $14.06B | $3.03B | $5.07B | $8.64B | $-9.61B | $-19.78B | $-21.79B | $-21.81B |
| Net Cash Used for Investing Activities | $-17.73B | $-22.45B | $-4.76B | $-13.28B | $-15.78B | $-13.66B | $-8.03B | $-30.96B | $-22.41B | $-19.66B |
| Debt Repayment | $-9.83B | $-7.87B | $-19.73B | $5.58B | $-3.42B | $-8.33B | $-11.83B | $11.07B | $14.89B | $357.00M |
| Common Stock Issued | $- | $- | $- | $- | $- | $- | $- | $- | $- | $232.00M |
| Common Stock Repurchased | $-15.51B | $-19.03B | $-3.17B | $-2.08B | $-11.36B | $-5.06B | $-717.00M | $-160.00M | $-448.00M | $-3.33B |
| Dividends Paid | $-8.39B | $-7.41B | $-6.25B | $-7.42B | $-15.20B | $-15.68B | $-10.88B | $-9.68B | $-9.37B | $-9.44B |
| Other Financing Activities | $-4.50B | $-7.65B | $-5.51B | $-3.30B | $-5.23B | $-3.48B | $-3.66B | $-2.01B | $-1.26B | $-607.00M |
| Net Cash Used Provided by Financing Activities | $-38.23B | $-41.95B | $-34.66B | $-7.22B | $-35.21B | $-32.55B | $-27.09B | $-771.00M | $3.81B | $-12.79B |
| Effect of Forex Changes on Cash | $306.00M | $-736.00M | $-540.00M | $172.00M | $124.00M | $-449.00M | $647.00M | $-1.50B | $-1.07B | $-686.00M |
| Net Change in Cash | $-1.47B | $3.28B | $5.14B | $13.78B | $-8.69B | $6.43B | $1.18B | $-12.62B | $10.14B | $11.91B |
| Cash at End of Period | $38.77B | $40.25B | $36.97B | $31.83B | $18.05B | $26.74B | $20.31B | $19.13B | $31.75B | $21.61B |
| Cash at Beginning of Period | $40.25B | $36.97B | $31.83B | $18.05B | $26.74B | $20.31B | $19.13B | $31.75B | $21.61B | $9.70B |
| Operating Cash Flow | $54.19B | $68.41B | $45.10B | $34.10B | $42.18B | $53.09B | $35.65B | $20.61B | $29.81B | $45.04B |
| Capital Expenditure | $-22.99B | $-22.60B | $-19.00B | $-16.59B | $-22.97B | $-23.01B | $-20.84B | $-22.12B | $-26.13B | $-31.85B |
| Free Cash Flow | $31.20B | $45.81B | $26.11B | $17.52B | $19.21B | $30.07B | $14.80B | $-1.50B | $3.68B | $13.19B |