Shell plc (SHEL) — Cash Flow Reinvestment Rate
Shell plc (SHEL) has a Cash Flow Reinvestment Rate of 0.70x as of March 2026, reinvesting GBX3.70 Billion (capex GBX3.68 Billion plus investments GBX19.00 Million) from operating cash flow of GBX5.27 Billion. Check earnings quality score of Shell plc to evaluate the quality of earnings relative to operating cash generation.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Shell plc Cash Flow Reinvestment Rate (1998–2025)
Historical reinvestment intensity for Shell plc across 28 annual periods. Explore investment intensity of Shell plc to see how much of total assets are deployed in long-term investments.
Annual Cash Flow Reinvestment Rate for Shell plc (1998–2025)
Year-by-year capital reinvestment analysis for Shell plc. For live market cap and broader valuation context, see Shell plc market capitalisation.
| Year | Reinvestment Rate | Total Reinvested (GBX) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.47x | GBX19.39 Billion | GBX41.57 Billion | GBX19.34 Billion | ▼ -26.6% |
| 2024 | 0.64x | GBX34.76 Billion | GBX54.69 Billion | GBX19.60 Billion | ▼ -15.4% |
| 2023 | 0.75x | GBX40.73 Billion | GBX54.19 Billion | GBX22.99 Billion | ▲ +14.1% |
| 2022 | 0.66x | GBX45.05 Billion | GBX68.41 Billion | GBX22.60 Billion | ▲ +54.8% |
| 2021 | 0.43x | GBX19.18 Billion | GBX45.10 Billion | GBX19.00 Billion | ▼ -14.0% |
| 2020 | 0.49x | GBX16.86 Billion | GBX34.10 Billion | GBX16.59 Billion | ▼ -16.9% |
| 2019 | 0.59x | GBX25.09 Billion | GBX42.18 Billion | GBX22.97 Billion | ▲ +12.6% |
| 2018 | 0.53x | GBX28.04 Billion | GBX53.09 Billion | GBX23.01 Billion | ▼ -24.6% |
| 2017 | 0.70x | GBX24.97 Billion | GBX35.65 Billion | GBX20.84 Billion | ▼ -72.8% |
| 2016 | 2.57x | GBX53.08 Billion | GBX20.61 Billion | GBX22.12 Billion | ▲ +186.9% |
| 2015 | 0.90x | GBX26.75 Billion | GBX29.81 Billion | GBX26.13 Billion | ▲ +16.9% |
| 2014 | 0.77x | GBX34.59 Billion | GBX45.04 Billion | GBX31.85 Billion | ▼ -22.6% |
| 2013 | 0.99x | GBX40.15 Billion | GBX40.44 Billion | GBX40.15 Billion | ▲ +40.6% |
| 2012 | 0.71x | GBX32.58 Billion | GBX46.14 Billion | GBX32.58 Billion | ▼ -1.3% |
| 2011 | 0.72x | GBX26.30 Billion | GBX36.77 Billion | GBX26.30 Billion | ▼ -27.4% |
| 2010 | 0.99x | GBX26.94 Billion | GBX27.35 Billion | GBX26.94 Billion | ▼ -20.2% |
| 2009 | 1.23x | GBX26.52 Billion | GBX21.49 Billion | GBX26.52 Billion | ▲ +16.6% |
| 2008 | 1.06x | GBX35.06 Billion | GBX33.15 Billion | GBX35.06 Billion | ▲ +43.7% |
| 2007 | 0.74x | GBX24.58 Billion | GBX33.38 Billion | GBX24.58 Billion | ▼ -1.8% |
| 2006 | 0.75x | GBX22.92 Billion | GBX30.58 Billion | GBX22.92 Billion | ▲ +35.5% |
| 2005 | 0.55x | GBX15.90 Billion | GBX28.74 Billion | GBX15.90 Billion | ▼ -12.3% |
| 2004 | 0.63x | GBX13.57 Billion | GBX21.50 Billion | GBX13.57 Billion | ▲ +11.9% |
| 2003 | 0.56x | GBX12.25 Billion | GBX21.72 Billion | GBX12.25 Billion | ▼ -24.1% |
| 2002 | 0.74x | GBX12.10 Billion | GBX16.28 Billion | GBX12.10 Billion | ▲ +30.7% |
| 2001 | 0.57x | GBX9.63 Billion | GBX16.93 Billion | GBX9.63 Billion | ▲ +68.1% |
| 2000 | 0.34x | GBX6.21 Billion | GBX18.36 Billion | GBX6.21 Billion | ▼ -49.5% |
| 1999 | 0.67x | GBX7.41 Billion | GBX11.06 Billion | GBX7.41 Billion | ▼ -23.3% |
| 1998 | 0.87x | GBX12.86 Billion | GBX14.73 Billion | GBX12.86 Billion | — |