Shell PLC
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
Shell PLC (RYDAF) - Net Assets
Latest net assets as of December 2025: $175.60 Billion USD
Based on the latest financial reports, Shell PLC (RYDAF) has net assets worth $175.60 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 ($370.94 Billion) and total liabilities ($195.34 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 | $175.60 Billion |
| % of Total Assets | 47.34% |
| Annual Growth Rate | 4.21% |
| 5-Year Change | 0.16% |
| 10-Year Change | -6.85% |
| Growth Volatility | 8.24 |
Shell PLC - Net Assets Trend (1998–2025)
This chart illustrates how Shell PLC'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 (1998–2025)
The table below shows the annual net assets of Shell PLC from 1998 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $175.60 Billion | -2.54% |
| 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 | -5.11% |
| 2014-12-31 | $172.96 Billion | -4.52% |
| 2013-12-31 | $181.15 Billion | -4.62% |
| 2012-12-31 | $189.93 Billion | +11.07% |
| 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'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 19113102700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $191.13 Billion | 109.42% |
| Common Stock | $477.76 Million | 0.27% |
| Other Comprehensive Income | $-16.24 Billion | -9.30% |
| Total Equity | $174.67 Billion | 100.00% |
Shell PLC Competitors by Market Cap
The table below lists competitors of Shell PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Linde PLC
XETRA:LIN
|
$187.60 Billion |
|
BHP Group Limited
NYSE:BHP
|
$188.50 Billion |
|
Morgan Stanley
NYSE:MS
|
$189.65 Billion |
|
Australia and New Zealand Banking Group Ltd
AU:AN3PK
|
$189.74 Billion |
|
AT&T Inc
NYSE:T
|
$179.15 Billion |
|
Gilead Sciences Inc
NASDAQ:GILD
|
$178.76 Billion |
|
Salesforce.com Inc
NYSE:CRM
|
$178.05 Billion |
|
0QZO
LSE:0QZO
|
$177.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shell PLC'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 174,670,758,000, a change of -3,636,242,000 (-2.0%).
- Net income of 18,234,715,000 contributed positively to equity growth.
- Dividend payments of 8,659,394,000 reduced retained earnings.
- Share repurchases of 15,516,579,000 reduced equity.
- Other comprehensive income increased equity by 1,423,718,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.23 Billion | +10.44% |
| Dividends Paid | $8.66 Billion | -4.96% |
| Share Repurchases | $15.52 Billion | -8.88% |
| Other Comprehensive Income | $1.42 Billion | +0.82% |
| Other Changes | $881.30 Million | +0.5% |
| Total Change | $- | -2.04% |
Book Value vs Market Value Analysis
This analysis compares Shell PLC'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: 1.09x
- 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 13.70x to 1.09x 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 | $2.34 | $32.05 | x |
| 1999-12-31 | $2.39 | $32.05 | x |
| 2000-12-31 | $2.43 | $32.05 | x |
| 2001-12-31 | $2.54 | $32.05 | x |
| 2002-12-31 | $2.76 | $32.05 | x |
| 2003-12-31 | $3.29 | $32.05 | x |
| 2004-12-31 | $3.68 | $32.05 | x |
| 2005-12-31 | $13.51 | $32.05 | x |
| 2006-12-31 | $16.34 | $32.05 | x |
| 2007-12-31 | $19.72 | $32.05 | x |
| 2008-12-31 | $20.62 | $32.05 | x |
| 2009-12-31 | $22.26 | $32.05 | x |
| 2010-12-31 | $24.11 | $32.05 | x |
| 2011-12-31 | $27.25 | $32.05 | x |
| 2012-12-31 | $30.07 | $32.05 | x |
| 2013-12-31 | $28.61 | $32.05 | x |
| 2014-12-31 | $27.27 | $32.05 | x |
| 2015-12-31 | $25.47 | $32.05 | x |
| 2016-12-31 | $23.65 | $32.05 | x |
| 2017-12-31 | $23.42 | $32.05 | x |
| 2018-12-31 | $23.79 | $32.05 | x |
| 2019-12-31 | $22.99 | $32.05 | x |
| 2020-12-31 | $19.92 | $32.05 | x |
| 2021-12-31 | $22.03 | $32.05 | x |
| 2022-12-31 | $25.70 | $32.05 | x |
| 2023-12-31 | $27.40 | $32.05 | x |
| 2024-12-31 | $28.02 | $32.05 | x |
| 2025-12-31 | $29.36 | $32.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shell PLC 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): 10.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.68%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 2.12x
- Recent ROE (10.44%) is below the historical average (12.87%), 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% | 5.32% | 1.17x | 2.18x | $5.33 Billion |
| 2011 | 18.24% | 6.58% | 1.36x | 2.04x | $13.97 Billion |
| 2012 | 14.11% | 5.69% | 1.30x | 1.91x | $7.74 Billion |
| 2013 | 9.09% | 3.63% | 1.26x | 1.99x | $-1.63 Billion |
| 2014 | 8.74% | 3.57% | 1.19x | 2.05x | $-2.16 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 | 10.39% | 6.11% | 0.78x | 2.18x | $724.65 Million |
| 2024 | 9.03% | 5.66% | 0.73x | 2.17x | $-1.74 Billion |
| 2025 | 10.44% | 6.68% | 0.74x | 2.12x | $767.64 Million |
Industry Comparison
This section compares Shell PLC's net assets metrics with peer companies in the Oil & Gas Integrated industry.
Industry Context
- Industry: Oil & Gas Integrated
- Average net assets among peers: $24,963,516,215
- Average return on equity (ROE) among peers: -14.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shell PLC (RYDAF) | $175.60 Billion | 0.64% | 1.11x | $179.30 Billion |
| Bedford Energy Inc (BFDE) | $270.56K | 33.19% | 3.36x | $0.95 |
| Brinx Resources Ltd (BNXR) | $2.54 Million | -30.13% | 0.01x | $1.97K |
| BP p.l.c (BPAQF) | $112.64 Billion | 3.36% | 1.52x | $69.85 Billion |
| Crown LNG Holdings Limited Ordinary Shares (CGBS) | $19.26K | -29.83% | 3.48x | $16.80K |
| Crown LNG Holdings Limited Warrants (CGBSW) | $14.89 Million | -181.71% | 1.10x | $834.21K |
| CNVEF (CNVEF) | $29.77 Billion | 10.55% | 0.90x | $18.53 Billion |
| Cenovus Energy Inc (CVE) | $29.77 Billion | 10.55% | 0.90x | $36.85 Billion |
| Chevron Corp (CVX) | $77.29 Billion | 24.18% | 0.92x | $367.06 Billion |
| Diversified Energy Company plc (DEC) | $89.66 Million | 9.90% | 1.55x | $965.92 Million |
| ECA Marcellus Trust I Unit (ECTM) | $55.79 Million | 6.23% | 0.02x | $4.93K |