Shell PLC ADR (SHEL) — Cash Flow Reinvestment Rate

Latest as of March 2026: 0.70x

Shell PLC ADR (SHEL) has a Cash Flow Reinvestment Rate of 0.70x as of March 2026, reinvesting $3.75 Billion (capex $3.75 Billion ) from operating cash flow of $5.38 Billion. Explore SHEL capex reinvestment rate to see what proportion of operating cash flow is directed to capital expenditures.

Reinvestment Rate

0.70x
(Capex + Investments) / Operating CF

Total Reinvested

$3.75 Billion
Capex + Investments

Operating Cash Flow

$5.38 Billion
USD

Capital Expenditures

$3.75 Billion
USD

Shell PLC ADR Cash Flow Reinvestment Rate (1998–2025)

Historical reinvestment intensity for Shell PLC ADR across 28 annual periods. Also explore how large is Shell PLC ADR's balance sheet for the complete picture of this company's asset base.

Annual Cash Flow Reinvestment Rate for Shell PLC ADR (1998–2025)

Year-by-year capital reinvestment analysis for Shell PLC ADR. For live market cap and broader valuation context, see SHEL stock market capitalisation.

Year Reinvestment Rate Total Reinvested (USD) Operating CF Capex YoY Change
2025 0.47x $19.04 Billion $40.81 Billion $18.99 Billion ▼ -26.6%
2024 0.64x $34.76 Billion $54.69 Billion $19.60 Billion ▼ -18.0%
2023 0.77x $41.99 Billion $54.19 Billion $22.99 Billion ▲ +17.7%
2022 0.66x $45.05 Billion $68.41 Billion $22.60 Billion ▲ +54.8%
2021 0.43x $19.18 Billion $45.10 Billion $19.00 Billion ▼ -14.0%
2020 0.49x $16.86 Billion $34.10 Billion $16.59 Billion ▼ -16.9%
2019 0.59x $25.09 Billion $42.18 Billion $22.97 Billion ▲ +12.6%
2018 0.53x $28.04 Billion $53.09 Billion $23.01 Billion ▼ -24.6%
2017 0.70x $24.97 Billion $35.65 Billion $20.84 Billion ▼ -72.8%
2016 2.57x $53.08 Billion $20.61 Billion $22.12 Billion ▲ +186.9%
2015 0.90x $26.75 Billion $29.81 Billion $26.13 Billion ▲ +16.9%
2014 0.77x $34.59 Billion $45.04 Billion $31.85 Billion ▼ -22.6%
2013 0.99x $40.15 Billion $40.44 Billion $40.15 Billion ▲ +40.6%
2012 0.71x $32.58 Billion $46.14 Billion $32.58 Billion ▼ -1.3%
2011 0.72x $26.30 Billion $36.77 Billion $26.30 Billion ▼ -27.4%
2010 0.99x $26.94 Billion $27.35 Billion $26.94 Billion ▼ -20.2%
2009 1.23x $26.52 Billion $21.49 Billion $26.52 Billion ▲ +54.6%
2008 0.80x $35.06 Billion $43.92 Billion $35.06 Billion ▲ +12.0%
2007 0.71x $24.58 Billion $34.46 Billion $24.58 Billion ▼ -1.4%
2006 0.72x $22.92 Billion $31.70 Billion $22.92 Billion ▲ +36.9%
2005 0.53x $15.90 Billion $30.11 Billion $15.90 Billion ▼ -16.3%
2004 0.63x $13.57 Billion $21.50 Billion $13.57 Billion ▲ +11.9%
2003 0.56x $12.25 Billion $21.72 Billion $12.25 Billion ▼ -24.1%
2002 0.74x $12.10 Billion $16.28 Billion $12.10 Billion ▲ +30.7%
2001 0.57x $9.63 Billion $16.93 Billion $9.63 Billion ▲ +68.1%
2000 0.34x $6.21 Billion $18.36 Billion $6.21 Billion ▼ -49.5%
1999 0.67x $7.41 Billion $11.06 Billion $7.41 Billion ▼ -23.3%
1998 0.87x $12.86 Billion $14.73 Billion $12.86 Billion
Cash Flow Reinvestment Rate = (ABS(Capex) + ABS(Investments)) / Operating Cash Flow