Shell plc (SHEL) — Financial Flexibility Index
Shell plc (SHEL) has a Financial Flexibility Index of 0.13x as of June 2026. Free cash flow of GBX25.46 Billion (operating CF GBX21.43 Billion minus capex GBX4.03 Billion) represents 0% of total liabilities (GBX198.73 Billion). Check SHEL cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Shell plc Financial Flexibility Index (1998–2025)
Historical Financial Flexibility Index trend for Shell plc across 28 annual periods. For the full cash flow conversion analysis, see SHEL cash flow conversion.
Annual Financial Flexibility Index for Shell plc (1998–2025)
Year-by-year free cash flow to debt coverage for Shell plc. Explore how well can Shell plc service its debt to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (GBX) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.31x | GBX60.91 Billion | GBX41.57 Billion | GBX195.10 Billion | ▼ -12.8% |
| 2024 | 0.36x | GBX74.29 Billion | GBX54.69 Billion | GBX207.44 Billion | ▲ +1.1% |
| 2023 | 0.35x | GBX77.18 Billion | GBX54.19 Billion | GBX217.91 Billion | ▼ -2.5% |
| 2022 | 0.36x | GBX91.01 Billion | GBX68.41 Billion | GBX250.43 Billion | ▲ +29.9% |
| 2021 | 0.28x | GBX64.11 Billion | GBX45.10 Billion | GBX229.05 Billion | ▲ +21.9% |
| 2020 | 0.23x | GBX50.69 Billion | GBX34.10 Billion | GBX220.73 Billion | ▼ -24.6% |
| 2019 | 0.30x | GBX65.15 Billion | GBX42.18 Billion | GBX213.87 Billion | ▼ -21.3% |
| 2018 | 0.39x | GBX76.10 Billion | GBX53.09 Billion | GBX196.66 Billion | ▲ +43.3% |
| 2017 | 0.27x | GBX56.49 Billion | GBX35.65 Billion | GBX209.28 Billion | ▲ +40.7% |
| 2016 | 0.19x | GBX42.73 Billion | GBX20.61 Billion | GBX222.76 Billion | ▼ -39.6% |
| 2015 | 0.32x | GBX55.94 Billion | GBX29.81 Billion | GBX176.04 Billion | ▼ -25.5% |
| 2014 | 0.43x | GBX76.90 Billion | GBX45.04 Billion | GBX180.33 Billion | ▼ -6.7% |
| 2013 | 0.46x | GBX80.58 Billion | GBX40.44 Billion | GBX176.36 Billion | ▲ +1.1% |
| 2012 | 0.45x | GBX78.72 Billion | GBX46.14 Billion | GBX174.11 Billion | ▲ +24.9% |
| 2011 | 0.36x | GBX63.07 Billion | GBX36.77 Billion | GBX174.25 Billion | ▲ +15.2% |
| 2010 | 0.31x | GBX54.29 Billion | GBX27.35 Billion | GBX172.78 Billion | ▲ +0.8% |
| 2009 | 0.31x | GBX48.00 Billion | GBX21.49 Billion | GBX154.05 Billion | ▼ -29.9% |
| 2008 | 0.44x | GBX68.21 Billion | GBX33.15 Billion | GBX153.53 Billion | ▲ +10.0% |
| 2007 | 0.40x | GBX57.96 Billion | GBX33.38 Billion | GBX143.50 Billion | ▼ -9.2% |
| 2006 | 0.44x | GBX53.50 Billion | GBX30.58 Billion | GBX120.33 Billion | ▲ +21.1% |
| 2005 | 0.37x | GBX44.64 Billion | GBX28.74 Billion | GBX121.59 Billion | ▲ +0.6% |
| 2004 | 0.37x | GBX35.06 Billion | GBX21.50 Billion | GBX96.06 Billion | ▼ -5.0% |
| 2003 | 0.38x | GBX33.97 Billion | GBX21.72 Billion | GBX88.39 Billion | ▲ +16.2% |
| 2002 | 0.33x | GBX28.39 Billion | GBX16.28 Billion | GBX85.85 Billion | ▼ -39.7% |
| 2001 | 0.55x | GBX26.56 Billion | GBX16.93 Billion | GBX48.43 Billion | ▲ +39.6% |
| 2000 | 0.39x | GBX24.57 Billion | GBX18.36 Billion | GBX62.53 Billion | ▲ +16.7% |
| 1999 | 0.34x | GBX18.47 Billion | GBX11.06 Billion | GBX54.87 Billion | ▼ -36.1% |
| 1998 | 0.53x | GBX27.59 Billion | GBX14.73 Billion | GBX52.41 Billion | — |