Shell PLC ADR (SHEL) — Capital Reinvestment Ratio
Shell PLC ADR (SHEL) has a Capital Reinvestment Ratio of 0.19x as of June 2026, meaning it reinvests 0% of its operating cash flow ($21.43 Billion) in capital expenditures ($4.03 Billion). Check Shell PLC ADR (SHEL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shell PLC ADR Capital Reinvestment Ratio (1998–2025)
This chart tracks Shell PLC ADR's Capital Reinvestment Ratio across 28 annual periods. For the full cash flow conversion analysis, see SHEL cash flow conversion.
Annual Capital Reinvestment Ratio for Shell PLC ADR (1998–2025)
Year-by-year Capital Reinvestment Ratio for Shell PLC ADR from 1998 to 2025. See Shell PLC ADR free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.44x | $42.86 Billion | $18.95 Billion | ▲ +23.3% |
| 2024 | 0.36x | $54.69 Billion | $19.60 Billion | ▼ -15.5% |
| 2023 | 0.42x | $54.19 Billion | $22.99 Billion | ▲ +28.4% |
| 2022 | 0.33x | $68.41 Billion | $22.60 Billion | ▼ -21.6% |
| 2021 | 0.42x | $45.10 Billion | $19.00 Billion | ▼ -13.4% |
| 2020 | 0.49x | $34.10 Billion | $16.59 Billion | ▼ -10.7% |
| 2019 | 0.54x | $42.18 Billion | $22.97 Billion | ▲ +25.6% |
| 2018 | 0.43x | $53.09 Billion | $23.01 Billion | ▼ -25.9% |
| 2017 | 0.58x | $35.65 Billion | $20.84 Billion | ▼ -45.5% |
| 2016 | 1.07x | $20.61 Billion | $22.12 Billion | ▲ +22.4% |
| 2015 | 0.88x | $29.81 Billion | $26.13 Billion | ▲ +24.0% |
| 2014 | 0.71x | $45.04 Billion | $31.85 Billion | ▼ -28.8% |
| 2013 | 0.99x | $40.44 Billion | $40.15 Billion | ▲ +40.6% |
| 2012 | 0.71x | $46.14 Billion | $32.58 Billion | ▼ -1.3% |
| 2011 | 0.72x | $36.77 Billion | $26.30 Billion | ▼ -27.4% |
| 2010 | 0.99x | $27.35 Billion | $26.94 Billion | ▼ -20.2% |
| 2009 | 1.23x | $21.49 Billion | $26.52 Billion | ▲ +54.6% |
| 2008 | 0.80x | $43.92 Billion | $35.06 Billion | ▲ +12.0% |
| 2007 | 0.71x | $34.46 Billion | $24.58 Billion | ▼ -1.4% |
| 2006 | 0.72x | $31.70 Billion | $22.92 Billion | ▲ +35.5% |
| 2005 | 0.53x | $29.81 Billion | $15.90 Billion | ▼ -15.4% |
| 2004 | 0.63x | $21.50 Billion | $13.57 Billion | ▲ +11.9% |
| 2003 | 0.56x | $21.72 Billion | $12.25 Billion | ▼ -24.1% |
| 2002 | 0.74x | $16.28 Billion | $12.10 Billion | ▲ +30.7% |
| 2001 | 0.57x | $16.93 Billion | $9.63 Billion | ▲ +68.1% |
| 2000 | 0.34x | $18.36 Billion | $6.21 Billion | ▼ -49.5% |
| 1999 | 0.67x | $11.06 Billion | $7.41 Billion | ▼ -23.3% |
| 1998 | 0.87x | $14.73 Billion | $12.86 Billion | — |