Shell PLC ADR (SHEL) — Capital Reinvestment Ratio

Latest as of March 2026: 0.70x

Shell PLC ADR (SHEL) has a Capital Reinvestment Ratio of 0.70x as of March 2026, meaning it reinvests 1% of its operating cash flow ($5.38 Billion) in capital expenditures ($3.75 Billion). See SHEL free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.70x
Capex / Operating Cash Flow

Operating Cash Flow

$5.38 Billion
USD

Capital Expenditures

$3.75 Billion
USD

Data as of

Mar 2026
Most recent filing

Shell PLC ADR Capital Reinvestment Ratio (1998–2025)

This chart tracks Shell PLC ADR's Capital Reinvestment Ratio across 28 annual periods.

Annual Capital Reinvestment Ratio for Shell PLC ADR (1998–2025)

Year-by-year Capital Reinvestment Ratio for Shell PLC ADR from 1998 to 2025. For live market cap and broader valuation context, see SHEL company net worth.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2025 0.47x $40.81 Billion $18.99 Billion ▲ +29.8%
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 ▲ +36.9%
2005 0.53x $30.11 Billion $15.90 Billion ▼ -16.3%
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
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow