Shell PLC ADR (SHEL) - Net Assets

Latest as of December 2025: $175.32 Billion USD

Based on the latest financial reports, Shell PLC ADR (SHEL) has net assets worth $175.32 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($370.35 Billion) and total liabilities ($195.03 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets $175.32 Billion
% of Total Assets 47.34%
Annual Growth Rate 4.2%
5-Year Change N/A
10-Year Change -7.0%
Growth Volatility 7.97

Shell PLC ADR - Net Assets Trend (1998–2025)

This chart illustrates how Shell PLC ADR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Shell PLC ADR (1998–2025)

The table below shows the annual net assets of Shell PLC ADR from 1998 to 2025.

Year Net Assets Change
2025-12-31 $175.32 Billion -2.69%
2024-12-31 $180.17 Billion -4.35%
2023-12-31 $188.36 Billion -2.20%
2022-12-31 $192.60 Billion +9.85%
2021-12-31 $175.33 Billion +10.59%
2020-12-31 $158.54 Billion -16.76%
2019-12-31 $190.46 Billion -5.96%
2018-12-31 $202.53 Billion +2.39%
2017-12-31 $197.81 Billion +4.93%
2016-12-31 $188.51 Billion +14.86%
2015-12-31 $164.12 Billion -5.01%
2014-12-31 $172.79 Billion -4.62%
2013-12-31 $181.15 Billion +2.82%
2012-12-31 $176.18 Billion +3.03%
2011-12-31 $171.00 Billion +14.17%
2010-12-31 $149.78 Billion +8.43%
2009-12-31 $138.13 Billion +7.19%
2008-12-31 $128.87 Billion +2.30%
2007-12-31 $125.97 Billion +9.59%
2006-12-31 $114.94 Billion +17.38%
2005-12-31 $97.92 Billion +7.16%
2004-12-31 $91.38 Billion +14.65%
2003-12-31 $79.70 Billion +17.89%
2002-12-31 $67.61 Billion +7.12%
2001-12-31 $63.11 Billion +5.25%
2000-12-31 $59.97 Billion +1.62%
1999-12-31 $59.01 Billion +2.34%
1998-12-31 $57.66 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Shell PLC ADR's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 19082600000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings $190.83 Billion 109.42%
Common Stock $477.00 Million 0.27%
Other Comprehensive Income $-16.22 Billion -9.30%
Total Equity $174.39 Billion 100.00%

Shell PLC ADR Competitors by Market Cap

The table below lists competitors of Shell PLC ADR ranked by their market capitalization.

Company Market Cap
China Construction Bank Corporation
F:C6T
 		$239.50 Billion
Novartis AG
SW:NOVN
 		$241.30 Billion
Royal Bank of Canada
TO:RY
 		$242.92 Billion
Westpac Banking Corporation
AU:WBCPI
 		$243.39 Billion
Goldman Sachs Group Inc
NYSE:GS
 		$236.20 Billion
CHINA CON.BANK ADR/20 YC1
F:C6TB
 		$235.44 Billion
Raytheon Technologies Corp
NYSE:RTX
 		$233.91 Billion
Intel Corporation
NASDAQ:INTC
 		$233.72 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Shell PLC ADR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 178,307,000,000 to 174,392,000,000, a change of -3,915,000,000 (-2.2%).
  • Net income of 17,879,685,000 contributed positively to equity growth.
  • Dividend payments of 8,490,796,000 reduced retained earnings.
  • Share repurchases of 15,214,471,000 reduced equity.
  • Other comprehensive income decreased equity by 35,027,000,000.
  • Other factors increased equity by 36,937,582,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income $17.88 Billion +10.25%
Dividends Paid $8.49 Billion -4.87%
Share Repurchases $15.21 Billion -8.72%
Other Comprehensive Income $-35.03 Billion -20.09%
Other Changes $36.94 Billion +21.18%
Total Change $- -2.20%

Book Value vs Market Value Analysis

This analysis compares Shell PLC ADR's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 1.52x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 19.07x to 1.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1998-12-31 $4.68 $89.27 x
1999-12-31 $4.78 $89.27 x
2000-12-31 $19.44 $89.27 x
2001-12-31 $20.31 $89.27 x
2002-12-31 $19.06 $89.27 x
2003-12-31 $22.71 $89.27 x
2004-12-31 $25.40 $89.27 x
2005-12-31 $27.01 $89.27 x
2006-12-31 $32.83 $89.27 x
2007-12-31 $39.45 $89.27 x
2008-12-31 $41.25 $89.27 x
2009-12-31 $44.53 $89.27 x
2010-12-31 $48.22 $89.27 x
2011-12-31 $54.49 $89.27 x
2012-12-31 $55.76 $89.27 x
2013-12-31 $57.22 $89.27 x
2014-12-31 $54.49 $89.27 x
2015-12-31 $50.95 $89.27 x
2016-12-31 $47.30 $89.27 x
2017-12-31 $46.84 $89.27 x
2018-12-31 $47.59 $89.27 x
2019-12-31 $45.97 $89.27 x
2020-12-31 $39.85 $89.27 x
2021-12-31 $44.06 $89.27 x
2022-12-31 $51.41 $89.27 x
2023-12-31 $54.89 $89.27 x
2024-12-31 $56.04 $89.27 x
2025-12-31 $58.63 $89.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Shell PLC ADR utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): 10.25%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.68%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 2.12x
  • Recent ROE (10.25%) is below the historical average (12.90%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1998 0.64% 0.37% 0.85x 2.00x $-5.15 Billion
1999 15.28% 8.15% 0.93x 2.03x $2.97 Billion
2000 22.28% 8.53% 1.22x 2.15x $7.01 Billion
2001 18.20% 8.03% 1.21x 1.87x $4.89 Billion
2002 15.18% 5.84% 1.09x 2.40x $3.32 Billion
2003 16.14% 6.21% 1.18x 2.20x $4.69 Billion
2004 21.54% 6.96% 1.42x 2.18x $9.93 Billion
2005 27.84% 8.25% 1.40x 2.41x $16.22 Billion
2006 24.06% 7.98% 1.36x 2.23x $14.87 Billion
2007 25.28% 8.81% 1.32x 2.17x $18.93 Billion
2008 20.64% 5.64% 1.65x 2.22x $13.55 Billion
2009 9.18% 4.39% 0.98x 2.14x $-1.13 Billion
2010 13.60% 5.47% 1.14x 2.18x $5.33 Billion
2011 18.24% 6.58% 1.36x 2.04x $13.97 Billion
2012 15.22% 5.69% 1.33x 2.00x $9.12 Billion
2013 9.09% 3.63% 1.26x 1.99x $-1.63 Billion
2014 8.75% 3.57% 1.19x 2.05x $-2.14 Billion
2015 1.19% 0.73% 0.78x 2.09x $-14.35 Billion
2016 2.45% 1.96% 0.57x 2.20x $-14.09 Billion
2017 6.68% 4.25% 0.75x 2.09x $-6.46 Billion
2018 11.76% 6.01% 0.97x 2.01x $3.49 Billion
2019 8.50% 4.59% 0.85x 2.17x $-2.80 Billion
2020 -13.96% -12.01% 0.48x 2.44x $-37.21 Billion
2021 11.69% 7.69% 0.65x 2.35x $2.90 Billion
2022 22.21% 11.10% 0.86x 2.33x $23.26 Billion
2023 10.37% 6.11% 0.78x 2.18x $698.30 Million
2024 9.03% 5.66% 0.73x 2.17x $-1.74 Billion
2025 10.25% 6.68% 0.72x 2.12x $440.49 Million

Industry Comparison

This section compares Shell PLC ADR's net assets metrics with peer companies in the Oil & Gas Integrated industry.

Industry Context

  • Industry: Oil & Gas Integrated
  • Average net assets among peers: $2,989,738,632,277
  • Average return on equity (ROE) among peers: -9.68%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Shell PLC ADR (SHEL) $175.32 Billion 0.64% 1.11x $239.42 Billion
BP PLC ADR (BP) $13.34 Billion 3.74% 1.15x $119.34 Billion
Crown LNG Holdings Limited Ordinary Shares (CGBS) $222.60 Million -2.78% 0.11x $293.65K
Crown LNG Holdings Limited Warrants (CGBSW) $222.60 Million -1.87% 0.11x $2.23 Million
Chevron Corp (CVX) $34.24 Billion 9.60% 1.27x $366.94 Billion
Eni SpA ADR (E) $50.05 Billion 8.73% 1.35x $74.54 Billion
Ecopetrol SA ADR (EC) $26.81 Trillion 19.16% 0.79x $26.82 Billion
National Fuel Gas Company (NFG) $1.03 Billion 6.39% 2.36x $8.07 Billion
Sky Quarry Inc (SKYQ) $11.50 Million -128.09% 1.34x $8.46 Million
Stabilis Solutions Inc (SLNG) $66.67 Million -2.03% 0.25x $67.32 Million

About Shell PLC ADR

NYSE:SHEL USA Oil & Gas Integrated
Market Cap
$251.12 Billion
Market Cap Rank
#77 Global
#47 in USA
Share Price
$89.27
Change (1 day)
-0.25%
52-Week Range
$64.48 - $94.15
All Time High
$94.15
Categories
Companies in USA Oil & Gas Integrated
About

Shell plc operates as an energy and petrochemical company Europe, Asia, Oceania, Africa, the United States, and other Americas. It operates through Integrated Gas; Upstream; Marketing; Chemicals and Products; and Renewables and Energy Solutions segments. The company explores for and extracts natural gas to produce liquefied natural gas or convert into gas-to-liquids products; explores for and ext… Read more