Shell (SHEL) EBT Margin (2009 - 2026)
Shell's EBT Margin was 16.64% in Q2 2026, up 7.51 percentage points from 9.14% a year earlier and up 3.26 percentage points from the prior quarter.
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Analysis
Shell (SHEL) EBT Margin (2009 - 2026) Analysis & Trends
For FY2025, EBT Margin at Shell came in at 11.15%, up 0.62 percentage points from FY2024.
- EBT Margin shows a five-year change of +26.09 percentage points (FY2020 to FY2025).
- In earlier years, EBT Margin was 10.52% in FY2024 (+0.22 pp), 10.30% in FY2023 (-6.69 pp), 17.00% in FY2022 (+5.59 pp) and 11.41% in FY2021 (+26.34 pp).
- Quarterly EBT Margin has moved between -28300.00% (Q4 2023) and 545.73% (Q3 2025) over five years.
- Compared with a year earlier, EBT Margin has increased for three straight quarters, with an average year-over-year change of +4752.60 percentage points over the last six quarters.
- The best year-over-year quarter for EBT Margin over five years was Q4 2024 (a gain of 28306.34 percentage points); the worst was Q1 2025 (a drop of 2.30 percentage points).
- Per Business Quant data, SHEL's EBT Margin in the three quarters before Q2 2026 was 13.38% (Q1 2026), 210.75% (Q4 2025) and 545.73% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 739.09 Bn | 702.30 Bn | - | 16.74% |
| 2 | Chevron | 450.30 Bn | 428.09 Bn | 33.45 Bn | 23.84% |
| 3 | Shell | 298.63 Bn | 159.98 Bn | - | 977.98% |
| 4 | TotalEnergies SE | 204.82 Bn | 80.16 Bn | 31,614.00 | -7,653,463.58% |
| 5 | Conocophillips | 176.42 Bn | 149.12 Bn | 12.81 Bn | 31.15% |
| 6 | Equinor Asa | 113.51 Bn | 26.44 Bn | 4.49 Bn | 34.19% |
| 7 | Canadian Natural Resources | 111.68 Bn | 108.68 Bn | 8.84 Bn | 39.94% |
| 8 | Phillips 66 | 107.29 Bn | 92.24 Bn | 10.69 Bn | 13.80% |
| 9 | Eni Spa | 92.50 Bn | 35.68 Bn | - | 9.56% |
| 10 | Suncor Energy | 90.02 Bn | 75.76 Bn | - | 26.19% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 977.98% |
| Jun 30, 2026 | 16.64% |
| Mar 31, 2026 | 13.38% |
| Dec 31, 2025 | 225.57% |
| Sep 30, 2025 | 404.49% |
| Jun 30, 2025 | 9.14% |
| Mar 31, 2025 | 12.94% |
| Dec 31, 2024 | 6.34% |
| Sep 30, 2024 | 1,817.50% |
| Jun 30, 2024 | 9.94% |
| Mar 31, 2024 | 15.24% |
| Dec 31, 2023 | -857.58% |
| Sep 30, 2023 | 2,681.95% |
| Jun 30, 2023 | 7.17% |
| Mar 31, 2023 | 16.51% |
| Sep 30, 2022 | 5,473.79% |
| Jun 30, 2022 | 26.14% |
| Mar 31, 2022 | 12.80% |
| Dec 31, 2021 | 1,986.45% |
| Sep 30, 2021 | 164.10% |
API Access
Shell EBT 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=ebt-margin&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();