Shell plc (SHEL) — Cash Flow Quality Index
Shell plc (SHEL) has a Cash Flow Quality Index of 2.10x as of December 2025. Operating cash flow of GBX8.80 Billion exceeds net income of GBX4.18 Billion, indicating high earnings quality where cash backs reported profits. Explore Shell plc (SHEL) long-term investment share to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Shell plc Cash Flow Quality Index (1998–2025)
Historical Cash Flow Quality Index for Shell plc across 27 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check Shell plc (SHEL) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Shell plc (1998–2025)
Year-by-year earnings quality comparison for Shell plc. For live market cap and the full company financial profile, see SHEL market cap overview.
| Year | Quality Index | Operating CF (GBX) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.28x | GBX41.57 Billion | GBX18.21 Billion | ▼ -32.8% |
| 2024 | 3.40x | GBX54.69 Billion | GBX16.09 Billion | ▲ +21.4% |
| 2023 | 2.80x | GBX54.19 Billion | GBX19.36 Billion | ▲ +165.2% |
| 2022 | 1.06x | GBX68.41 Billion | GBX64.81 Billion | ▼ -53.0% |
| 2021 | 2.24x | GBX45.10 Billion | GBX20.10 Billion | ▼ -15.7% |
| 2019 | 2.66x | GBX42.18 Billion | GBX15.84 Billion | ▲ +17.1% |
| 2018 | 2.27x | GBX53.09 Billion | GBX23.35 Billion | ▼ -14.3% |
| 2017 | 2.65x | GBX35.65 Billion | GBX13.44 Billion | ▼ -41.1% |
| 2016 | 4.51x | GBX20.61 Billion | GBX4.58 Billion | ▼ -70.7% |
| 2015 | 15.37x | GBX29.81 Billion | GBX1.94 Billion | ▲ +407.7% |
| 2014 | 3.03x | GBX45.04 Billion | GBX14.87 Billion | ▲ +23.8% |
| 2013 | 2.45x | GBX40.44 Billion | GBX16.53 Billion | ▲ +42.3% |
| 2012 | 1.72x | GBX46.14 Billion | GBX26.84 Billion | ▲ +45.8% |
| 2011 | 1.18x | GBX36.77 Billion | GBX31.18 Billion | ▼ -11.7% |
| 2010 | 1.34x | GBX27.35 Billion | GBX20.47 Billion | ▼ -20.9% |
| 2009 | 1.69x | GBX21.49 Billion | GBX12.72 Billion | ▲ +138.9% |
| 2008 | 0.71x | GBX33.15 Billion | GBX46.87 Billion | ▼ -13.7% |
| 2007 | 0.82x | GBX33.38 Billion | GBX40.75 Billion | ▲ +0.9% |
| 2006 | 0.81x | GBX30.58 Billion | GBX37.68 Billion | ▲ +25.9% |
| 2005 | 0.64x | GBX28.74 Billion | GBX44.57 Billion | ▼ -22.1% |
| 2004 | 0.83x | GBX21.50 Billion | GBX25.99 Billion | ▼ -52.4% |
| 2003 | 1.74x | GBX21.72 Billion | GBX12.50 Billion | ▲ +3.8% |
| 2002 | 1.67x | GBX16.28 Billion | GBX9.72 Billion | ▲ +7.3% |
| 2001 | 1.56x | GBX16.93 Billion | GBX10.85 Billion | ▲ +8.1% |
| 2000 | 1.44x | GBX18.36 Billion | GBX12.72 Billion | ▲ +12.0% |
| 1999 | 1.29x | GBX11.06 Billion | GBX8.58 Billion | ▼ -96.9% |
| 1998 | 42.08x | GBX14.73 Billion | GBX350.00 Million | — |