Shell (SHEL) EBIT Margin (2009 - 2026)
Shell's (SHEL) quarterly EBIT Margin came in at 28.64% in Q2 2026, up 875.0% YoY from 2.94% in Q2 2025, and up 23.09% on a QoQ basis from 23.27% in Q1 2026.
Analysis
Shell (SHEL) EBIT Margin (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of EBIT Margin data on file, last reported at 28.64% in Q2 2026.
- Quarterly EBIT Margin rose 875.0% year-over-year to 28.64% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 21.16% (down 187.0% YoY) and the FY2025 annual result came in at 30.23%, up 8497.0% from the prior year.
- EBIT Margin improved to 28.64% in Q2 2026, from 23.27% in the prior quarter.
- In the past five years, EBIT Margin ranged from a high of 106.63% in Q3 2022 to a low of 63.81% in Q2 2023.
- A 5-year average of 24.94% and a median of 21.55% in 2024 frame the typical range for EBIT Margin.
- The widest YoY moves for EBIT Margin: up 8535 bps in 2024, down 11783 bps in 2024.
- Tracing SHEL's EBIT Margin over 5 years: stood at 95.89% in 2022, then slumped by 167 bps to 63.81% in 2023, then soared by 169 bps to 44.29% in 2024, then plunged by 55 bps to 19.89% in 2025, then jumped by 44 bps to 28.64% in 2026.
- The last three EBIT Margin figures came in at 28.64% (Q2 2026), 23.27% (Q1 2026), and 19.89% (Q2 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBIT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Shell | 517.27 Bn | 477.40 Bn | - | 17.49% |
| 2 | Chevron | 398.83 Bn | 395.97 Bn | 33.45 Bn | -28.44% |
| 3 | TotalEnergies SE | 190.54 Bn | 161.37 Bn | 23.46 Bn | -37.20% |
| 4 | Eni Spa | 166.18 Bn | 156.34 Bn | - | 5.19% |
| 5 | Equinor Asa | 103.49 Bn | 94.23 Bn | - | 36.94% |
| 6 | Suncor Energy | 78.09 Bn | 74.21 Bn | -8.45 Bn | 132.01% |
| 7 | Imperial Oil | 63.17 Bn | 61.11 Bn | - | 17.89% |
| 8 | Cenovus Energy | 59.48 Bn | 57.00 Bn | - | 25.71% |
| 9 | Gas Transporter Of The South | 21.19 Bn | -3,019.86 Bn | - | - |
| 10 | Ypf Sociedad Anonima | 19.74 Bn | 17.54 Bn | 2.97 Bn | 27.58% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 17.49% |
| Mar 31, 2026 | 83.93% |
| Jun 30, 2025 | 83.49% |
| Mar 31, 2025 | 84.15% |
| Dec 31, 2024 | 44.29% |
| Jun 30, 2024 | 84.29% |
| Mar 31, 2024 | -29.28% |
| Jun 30, 2023 | 2.49% |
| Mar 31, 2023 | 86.89% |
| Sep 30, 2022 | 100.00% |
| Jun 30, 2022 | 26.70% |
| Mar 31, 2022 | 13.16% |
| Jun 30, 2021 | 2.80% |
| Mar 31, 2021 | 7.16% |
| Jun 30, 2020 | 76.29% |
| Mar 31, 2020 | 2.53% |
| Dec 31, 2019 | 9.99% |
| Sep 30, 2019 | 10.73% |
| Jun 30, 2019 | 6.81% |
| Mar 31, 2019 | 7.20% |