Shell (RYDAF) Net Margin (2009 - 2026)
Shell's (RYDAF) quarterly Net Margin came in at 11.43% in Q2 2026, up 593.0% on a YoY basis from 1.65% in Q2 2025, and up 39.91% quarter-over-quarter from 8.17% in Q1 2026.
Shell (RYDAF) Net Margin (2009 - 2026) Analysis & Trends
Shell (RYDAF) has reported Net Margin for 18 consecutive years, with 11.43% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 593.0% year-over-year to 11.43%; the trailing twelve-month figure through Jun 2026 stood at 10.48% (up 527.0% YoY), and the FY2025 full-year result was 10.59%, up 492.0% from the prior year.
- Net Margin grew to 11.43% in Q2 2026 per RYDAF's latest filing, from 8.17% in the prior quarter.
- Across five years, Net Margin topped out at 13.65% in Q2 2022 and bottomed at 5.43% in Q4 2024.
- Historically, Net Margin has averaged 7.68% across 5 years, with a median of 9.75% in 2025.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 799 bps in 2022, then sank 945 bps in 2023.
- Over 5 years, Net Margin stood at 13.65% in 2022, then tumbled by 69 bps to 4.2% in 2023, then sank by 229 bps to 5.43% in 2024, then jumped by 201 bps to 5.51% in 2025, then surged by 108 bps to 11.43% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 11.43%, 8.17%, and 5.51% for Q2 2026, Q1 2026, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Chevron | 406.10 Bn | 403.25 Bn | 33.45 Bn | 17.41% |
| 2 | Shell | 256.90 Bn | 217.03 Bn | 30.13 Bn | 11.43% |
| 3 | TotalEnergies SE | 202.32 Bn | 173.15 Bn | 23.46 Bn | 8.80% |
| 4 | Eni Spa | 172.63 Bn | 162.79 Bn | - | 14.64% |
| 5 | Conocophillips | 153.88 Bn | 146.19 Bn | 12.81 Bn | 20.14% |
| 6 | Equinor Asa | 107.31 Bn | 98.05 Bn | - | 9.17% |
| 7 | Phillips 66 | 102.33 Bn | 99.43 Bn | 8.38 Bn | 7.45% |
| 8 | Canadian Natural Resources | 99.17 Bn | 97.27 Bn | 8.84 Bn | 32.66% |
| 9 | Suncor Energy | 81.11 Bn | 75.74 Bn | 17.50 Bn | 19.26% |
| 10 | Eog Resources | 74.44 Bn | 69.53 Bn | - | 31.60% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.43% |
| Mar 31, 2026 | 8.17% |
| Jun 30, 2025 | 5.51% |
| Mar 31, 2025 | 9.75% |
| Dec 31, 2024 | -5.43% |
| Jun 30, 2024 | 4.72% |
| Mar 31, 2024 | 10.67% |
| Jun 30, 2023 | 4.20% |
| Mar 31, 2023 | 10.30% |
| Jun 30, 2022 | 13.65% |
| Mar 31, 2022 | 11.53% |
| Jun 30, 2021 | 5.66% |
| Mar 31, 2021 | 17.34% |
| Jun 30, 2020 | 55.78% |
| Mar 31, 2020 | -5.80% |
| Dec 31, 2019 | -8.72% |
| Jun 30, 2019 | 3.31% |
| Mar 31, 2019 | 7.17% |
| Dec 31, 2018 | 3.01% |
| Sep 30, 2018 | 7.97% |
Shell Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=RYDAF&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "RYDAF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=RYDAF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();