SHELL PLC WI ADR/2 Tangible Net Worth Ratio

Latest as of June 2026: 94.3%

SHELL PLC WI ADR/2 tangible net worth ratio. SHELL PLC WI ADR/2 (L3H) has a Tangible Net Worth Ratio of 94.3% as of June 2026. This metric is calculated by deducting intangible assets (€10.45 Billion) from net assets (€181.78 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore SHELL PLC WI ADR/2 (L3H) net asset momentum to track the company's year-over-year net asset growth rate.

Tangible NW Ratio

94.3%
Tangible equity / total equity

Net Assets (Equity)

€181.78 Billion
EUR

Intangible Assets

€10.45 Billion
Goodwill, patents, brand value

Total Assets

€380.51 Billion
EUR

Tangible Net Worth Ratio of SHELL PLC WI ADR/2 (2021–2025)

Tangible net worth ratio of SHELL PLC WI ADR/2 from 2021 to 2025. This chart shows how SHELL PLC WI ADR/2's Tangible Net Worth Ratio has changed across 5 annual periods from 2021 to 2025. As of June 2026, the ratio stands at 94.3%, reflecting net assets of €181.78 Billion with intangible assets of €10.45 Billion EUR.

SHELL PLC WI ADR/2 Tangible Net Worth Ratio by Year (2021–2025)

SHELL PLC WI ADR/2 tangible net worth ratio by year from 2021 to 2025. The table below presents the year-by-year Tangible Net Worth Ratio for SHELL PLC WI ADR/2 from 2021 to 2025, covering 5 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see SHELL PLC WI ADR/2 market capitalisation.

Year Tangible NW Ratio Net Assets (EUR) Intangible Assets Total Assets Change (pp)
2025 93.7% €175.32 Billion €11.01 Billion €370.35 Billion ▼ -1.0 pp
2024 94.7% €180.17 Billion €9.48 Billion €387.61 Billion ▲ +0.2 pp
2023 94.6% €188.36 Billion €10.25 Billion €406.27 Billion ▼ -0.4 pp
2022 95.0% €192.60 Billion €9.66 Billion €443.02 Billion ▲ +0.6 pp
2021 94.4% €175.32 Billion €9.77 Billion €404.38 Billion —
pp = percentage points