Shell (SHEL) EBITDA Margin (2009 - 2026)
Shell's (SHEL) quarterly EBITDA Margin came in at 28.64% in Q2 2026, up 2941.0% YoY from 0.94% in Q2 2025, and up 2317.82% on a QoQ basis from 1.29% in Q1 2026.
Shell (SHEL) EBITDA Margin (2009 - 2026) Analysis & Trends
Shell (SHEL) has 18 years of EBITDA Margin data on file, last reported at 28.64% in Q2 2026.
- Quarterly EBITDA Margin rose 2941.0% year-over-year to 28.64% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 8.43% (up 915.0% YoY) and the FY2025 annual result came in at 30.23%, up 8497.0% from the prior year.
- EBITDA Margin improved to 28.64% in Q2 2026, from 1.29% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 28.64% in Q2 2026 to a low of 43.5% in Q2 2022.
- A 5-year average of 1.64% and a median of 0.57% in 2024 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin slumped 4284 bps — and 2023, when it jumped 4386 bps.
- Tracing SHEL's EBITDA Margin over 5 years: stood at 0.02% in 2022, then surged by 1537 bps to 0.36% in 2023, then slumped by 259 bps to 0.57% in 2024, then slumped by 33 bps to 0.76% in 2025, then soared by 3847 bps to 28.64% in 2026.
- The last three EBITDA Margin figures came in at 28.64% (Q2 2026), 1.29% (Q1 2026), and 0.76% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,308.33 Bn | -5,263.99 Bn | 11.34 Bn | 184,516.68% |
| 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 | - | 32.64% |
| 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| Date | Value |
|---|---|
| Jun 30, 2026 | 28.64% |
| Mar 31, 2026 | -1.29% |
| Jun 30, 2025 | -0.76% |
| Mar 31, 2025 | -0.72% |
| Dec 31, 2024 | -0.57% |
| Jun 30, 2024 | -2.28% |
| Mar 31, 2024 | -0.51% |
| Jun 30, 2023 | 0.36% |
| Mar 31, 2023 | 0.09% |
| Dec 31, 2022 | 0.02% |
| Sep 30, 2022 | -0.10% |
| Jun 30, 2022 | -43.50% |
| Mar 31, 2022 | -0.65% |
| Dec 31, 2021 | -43.77% |
| Sep 30, 2021 | -22.44% |
| Jun 30, 2021 | -0.66% |
| Mar 31, 2021 | -0.05% |
| Dec 31, 2020 | -106.91% |
| Sep 30, 2020 | -22.78% |
| Jun 30, 2020 | 1.20% |