Shell plc (SHEL) - Cash Flow Conversion Efficiency

Latest as of June 2026: 0.117x

Based on the latest financial reports, Shell plc (SHEL) has a cash flow conversion efficiency ratio of 0.117x as of June 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (GBX21.43 Billion ≈ $2.61 Million USD) by net assets (GBX183.76 Billion ≈ $22.36 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Also see Shell plc (SHEL) total market value for the company's overall valuation and market capitalisation.

Shell plc - Cash Flow Conversion Efficiency Trend (1998–2025)

This chart illustrates how Shell plc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Shell plc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Shell plc ranked by their cash flow conversion efficiency. Explore SHEL operating cash flow to net income to measure how well operating cash flow supports reported net income.

Company	Cash Flow Conversion Efficiency
Urban Edge Properties NYSE:UE	0.028x
Zhejiang Provincial New Energy Investment Group Co Ltd SHG:600032	0.139x
Changzhou Fusion New Material Co. Ltd. A SHG:688503	N/A
Kalpataru Projects International Ltd. NSE:KPIL	-0.053x
Chongqing Zongshen Power Machinery Co Ltd SHE:001696	0.021x
Hugo Boss AG XETRA:BOSS	0.076x
Opendoor Technologies Inc NASDAQ:OPEN	0.070x
Peab AB (publ) ST:PEAB-B	-0.049x

Annual Cash Flow Conversion Efficiency for Shell plc (1998–2025)

The table below shows the annual cash flow conversion efficiency of Shell plc from 1998 to 2025. View Shell plc (SHEL) stock price for real-time trading data and today's change.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	GBX175.38 Billion ≈ $21.34 Million	GBX41.57 Billion ≈ $5.06 Million	0.237x	-21.91%
2024-12-31	GBX180.17 Billion ≈ $21.92 Million	GBX54.69 Billion ≈ $6.65 Million	0.304x	+5.50%
2023-12-31	GBX188.36 Billion ≈ $22.92 Million	GBX54.19 Billion ≈ $6.59 Million	0.288x	-19.01%
2022-12-31	GBX192.60 Billion ≈ $23.43 Million	GBX68.41 Billion ≈ $8.32 Million	0.355x	+38.07%
2021-12-31	GBX175.33 Billion ≈ $21.33 Million	GBX45.10 Billion ≈ $5.49 Million	0.257x	+19.59%
2020-12-31	GBX158.54 Billion ≈ $19.29 Million	GBX34.10 Billion ≈ $4.15 Million	0.215x	-2.86%
2019-12-31	GBX190.46 Billion ≈ $23.17 Million	GBX42.18 Billion ≈ $5.13 Million	0.221x	-15.51%
2018-12-31	GBX202.53 Billion ≈ $24.64 Million	GBX53.09 Billion ≈ $6.46 Million	0.262x	+45.43%
2017-12-31	GBX197.81 Billion ≈ $24.07 Million	GBX35.65 Billion ≈ $4.34 Million	0.180x	+64.80%
2016-12-31	GBX188.51 Billion ≈ $22.94 Million	GBX20.61 Billion ≈ $2.51 Million	0.109x	-39.79%
2015-12-31	GBX164.12 Billion ≈ $19.97 Million	GBX29.81 Billion ≈ $3.63 Million	0.182x	-30.33%
2014-12-31	GBX172.79 Billion ≈ $21.02 Million	GBX45.04 Billion ≈ $5.48 Million	0.261x	+16.78%
2013-12-31	GBX181.15 Billion ≈ $22.04 Million	GBX40.44 Billion ≈ $4.92 Million	0.223x	-14.76%
2012-12-31	GBX176.18 Billion ≈ $21.44 Million	GBX46.14 Billion ≈ $5.61 Million	0.262x	+21.79%
2011-12-31	GBX171.00 Billion ≈ $20.81 Million	GBX36.77 Billion ≈ $4.47 Million	0.215x	+17.76%
2010-12-31	GBX149.78 Billion ≈ $18.22 Million	GBX27.35 Billion ≈ $3.33 Million	0.183x	+17.38%
2009-12-31	GBX138.13 Billion ≈ $16.81 Million	GBX21.49 Billion ≈ $2.61 Million	0.156x	-39.52%
2008-12-31	GBX128.87 Billion ≈ $15.68 Million	GBX33.15 Billion ≈ $4.03 Million	0.257x	-2.94%
2007-12-31	GBX125.97 Billion ≈ $15.33 Million	GBX33.38 Billion ≈ $4.06 Million	0.265x	-0.38%
2006-12-31	GBX114.94 Billion ≈ $13.99 Million	GBX30.58 Billion ≈ $3.72 Million	0.266x	-9.36%
2005-12-31	GBX97.92 Billion ≈ $11.91 Million	GBX28.74 Billion ≈ $3.50 Million	0.293x	+24.75%
2004-12-31	GBX91.38 Billion ≈ $11.12 Million	GBX21.50 Billion ≈ $2.62 Million	0.235x	-13.67%
2003-12-31	GBX79.70 Billion ≈ $9.70 Million	GBX21.72 Billion ≈ $2.64 Million	0.272x	+13.14%
2002-12-31	GBX67.61 Billion ≈ $8.23 Million	GBX16.28 Billion ≈ $1.98 Million	0.241x	-10.23%
2001-12-31	GBX63.11 Billion ≈ $7.68 Million	GBX16.93 Billion ≈ $2.06 Million	0.268x	-12.37%
2000-12-31	GBX59.97 Billion ≈ $7.30 Million	GBX18.36 Billion ≈ $2.23 Million	0.306x	+63.37%
1999-12-31	GBX59.01 Billion ≈ $7.18 Million	GBX11.06 Billion ≈ $1.35 Million	0.187x	-26.63%
1998-12-31	GBX57.66 Billion ≈ $7.02 Million	GBX14.73 Billion ≈ $1.79 Million	0.255x	--

About Shell plc

LSE:SHEL UK Oil & Gas Integrated

Market Cap

$2.54 Billion

GBX20.90 Trillion GBX

Market Cap Rank

#5401 Global

#13 in UK

Share Price

GBX3652.50

Change (1 day)

+1.97%

52-Week Range

GBX2562.00 - GBX3652.50

All Time High

GBX3652.50