SHELL PLC WI ADR/2 (L3H) — Cash Flow Reinvestment Rate

Latest as of December 2025: 0.56x

SHELL PLC WI ADR/2 (L3H) has a Cash Flow Reinvestment Rate of 0.56x as of December 2025, reinvesting €5.29 Billion (capex €5.25 Billion plus investments €-36.00 Million) from operating cash flow of €9.44 Billion. Explore L3H capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.56x
(Capex + Investments) / Operating CF

Total Reinvested

€5.29 Billion
Capex + Investments

Operating Cash Flow

€9.44 Billion
EUR

Capital Expenditures

€5.25 Billion
EUR

SHELL PLC WI ADR/2 Cash Flow Reinvestment Rate (2021–2025)

Historical reinvestment intensity for SHELL PLC WI ADR/2 across 5 annual periods. Also explore L3H asset base for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for SHELL PLC WI ADR/2 (2021–2025)

Year-by-year capital reinvestment analysis for SHELL PLC WI ADR/2. For live market cap and broader valuation context, see SHELL PLC WI ADR/2 (L3H) market capitalisation.

Year Reinvestment Rate Total Reinvested (EUR) Operating CF Capex YoY Change
2025 0.44x €19.00 Billion €42.86 Billion €18.95 Billion ▲ +20.6%
2024 0.37x €20.10 Billion €54.69 Billion €19.60 Billion ▼ -13.9%
2023 0.43x €23.14 Billion €54.19 Billion €22.99 Billion ▲ +28.4%
2022 0.33x €22.74 Billion €68.41 Billion €22.60 Billion ▼ -21.4%
2021 0.42x €19.08 Billion €45.10 Billion €19.00 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow