Shell (SHEL) EBIT Margin (2009 - 2026)
Shell's EBIT Margin was 28.46% in Q2 2026, up 8.58 percentage points from 19.89% a year earlier and up 5.20 percentage points from the prior quarter.
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Analysis
Shell (SHEL) EBIT Margin (2009 - 2026) Analysis & Trends
On a trailing twelve-month basis, Shell's EBIT Margin was 23.74% through Jun 30, 2026, up 21.67 percentage points year-over-year; for FY2025, it was -10412.05%, down 10354.75 percentage points from FY2024.
- EBIT Margin shows a five-year change of -10330.79 percentage points (FY2020 to FY2025).
- In earlier years, EBIT Margin was -57.30% in FY2024 (+1.70 pp), -59.00% in FY2023 (-6.93 pp), -52.07% in FY2022 (+7.67 pp) and -59.75% in FY2021 (+21.52 pp).
- The Q2 2026 figure marks the highest quarterly EBIT Margin in data going back to Q1 2009.
- Compared with a year earlier, EBIT Margin was higher in three of the last four quarters, with an average year-over-year change of +20.67 percentage points.
- The best year-over-year quarter for EBIT Margin over five years was Q2 2024 (a gain of 85.35 percentage points); the worst was Q1 2024 (a drop of 65.89 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 779.83 Bn | 736.31 Bn | - | 16.94% |
| 2 | Chevron | 463.69 Bn | 435.81 Bn | 33.45 Bn | -28.44% |
| 3 | Shell | 319.66 Bn | 179.93 Bn | - | - |
| 4 | TotalEnergies SE | 208.05 Bn | 79.13 Bn | 31,614.00 | -7,653,464.41% |
| 5 | Conocophillips | 186.47 Bn | 159.17 Bn | 12.81 Bn | 53.17% |
| 6 | Equinor Asa | 126.28 Bn | 39.13 Bn | - | 36.02% |
| 7 | Canadian Natural Resources | 117.10 Bn | 114.11 Bn | 8.84 Bn | 81.91% |
| 8 | Phillips 66 | 111.73 Bn | 95.51 Bn | 10.69 Bn | 14.27% |
| 9 | Suncor Energy | 96.42 Bn | 82.16 Bn | - | 3.43% |
| 10 | Eni Spa | 91.57 Bn | 31.21 Bn | - | 7.15% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.64% |
| Mar 31, 2026 | 23.27% |
| Dec 31, 2025 | 210.75% |
| Sep 30, 2025 | 545.73% |
| Jun 30, 2025 | 19.89% |
| Mar 31, 2025 | 21.36% |
| Dec 31, 2024 | 6.34% |
| Jun 30, 2024 | -57.22% |
| Mar 31, 2024 | -52.50% |
| Dec 31, 2023 | -28,300.00% |
| Jun 30, 2023 | -63.81% |
| Mar 31, 2023 | -1.22% |
| Jun 30, 2022 | -43.50% |
| Mar 31, 2022 | -0.87% |
| Jun 30, 2021 | -60.87% |
| Mar 31, 2021 | -0.95% |
| Dec 31, 2020 | -59,926.67% |
| Sep 30, 2020 | 125.21% |
| Jun 30, 2020 | -129.17% |
| Mar 31, 2020 | -6.80% |
API Access
Shell EBIT 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=ebit-margin&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebit-margin", "ticker": "SHEL", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ebit-margin&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();