Shell plc (SHEL) — Financial Flexibility Index
Shell plc (SHEL) has a Financial Flexibility Index of 0.04x as of March 2026. Free cash flow of GBX8.95 Billion (operating CF GBX5.27 Billion minus capex GBX3.68 Billion) represents 0% of total liabilities (GBX205.99 Billion). Check Shell plc (SHEL) strategic investment index to assess the company's strategic physical and investment asset allocation.
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. See Shell plc working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Shell plc (1998–2025)
Year-by-year free cash flow to debt coverage for Shell plc. For the full company profile including market capitalisation, see Shell plc market cap and net worth.
| 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 | — |