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.

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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBIT Margin (Qtr)
1 Petrobras - Petroleo Brasileiro 1,308.33 Bn -5,263.99 Bn 11.34 Bn 0.71%
2 ExxonMobil Holdings 651.52 Bn 649.70 Bn - 8.84%
3 Chevron 382.50 Bn 382.83 Bn 20.34 Bn -50.03%
4 Eni Spa 205.81 Bn 195.97 Bn - 3.51%
5 Shell 102.19 Bn 62.32 Bn 30.13 Bn 28.64%
6 Equinor Asa 98.30 Bn 89.04 Bn - 36.94%
7 Suncor Energy 78.77 Bn 76.39 Bn 6.68 Bn 48.14%
8 Imperial Oil 61.22 Bn 60.47 Bn - 10.15%
9 TotalEnergies SE 25.61 Bn -6.11 Bn 18.79 Bn 32.74%
10 Ypf Sociedad Anonima 20.09 Bn 18.40 Bn 1.76 Bn 17.75%

Historic Data

Download Data
DateValue
Jun 30, 2026 28.64%
Mar 31, 2026 23.27%
Jun 30, 2025 19.89%
Mar 31, 2025 21.36%
Dec 31, 2024 44.29%
Jun 30, 2024 21.55%
Mar 31, 2024 -29.28%
Jun 30, 2023 -63.81%
Mar 31, 2023 88.55%
Dec 31, 2022 95.89%
Sep 30, 2022 106.63%
Jun 30, 2022 -43.50%
Mar 31, 2022 10.71%
Dec 31, 2021 76.32%
Sep 30, 2021 79.58%
Jun 30, 2021 -60.87%
Mar 31, 2021 5.67%
Dec 31, 2020 -327.37%
Sep 30, 2020 88.64%
Jun 30, 2020 -129.17%