Shell plc (SHEL) — Financial Flexibility Index

Latest as of December 2025: 0.07x

Shell plc (SHEL) has a Financial Flexibility Index of 0.07x as of December 2025. Free cash flow of GBX14.12 Billion (operating CF GBX8.80 Billion minus capex GBX5.32 Billion) represents 0% of total liabilities (GBX195.10 Billion). Also explore Shell plc (SHEL) equity growth momentum to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.07x
Free Cash Flow / Total Liabilities

Free Cash Flow

GBX14.12 Billion
Operating CF − Capex

Total Liabilities

GBX195.10 Billion
GBX

Capital Expenditures

GBX5.32 Billion
GBX

Shell plc Financial Flexibility Index (1998–2025)

Historical Financial Flexibility Index trend for Shell plc across 28 annual periods. Check SHEL PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.

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 SHEL stock market capitalisation.

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
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities