Shell plc (SHEL) FCF Margin (2009 - 2026)

Shell (SHEL) has reported FCF Margin for 18 consecutive years, with 27.12% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, FCF Margin fell 3.0% year-over-year to 27.12%; the trailing twelve-month figure through Jun 2026 stood at 28.18% (down 337.0% YoY), and the FY2025 full-year result was 23.9%, up 90121.0% from the prior year.
• FCF Margin advanced to 27.12% in Q2 2026 per SHEL's latest filing, from 14.73% in the prior quarter.
• Across five years, FCF Margin topped out at 54.39% in Q4 2024 and bottomed at 14.73% in Q1 2026.
• Historically, FCF Margin has averaged 26.32% across 5 years, with a median of 24.48% in 2024.
• The sharpest annual moves came in 2023 and 2025: FCF Margin surged 308 bps in 2023, then slumped 516 bps in 2025.
• Over 5 years, FCF Margin stood at 24.09% in 2022, then climbed by 13 bps to 27.17% in 2023, then surged by 100 bps to 54.39% in 2024, then sank by 50 bps to 27.14% in 2025, then decreased by 0 bps to 27.12% in 2026.
• According to Business Quant data, FCF Margin over the past three periods registered 27.12%, 14.73%, and 27.14% for Q2 2026, Q1 2026, and Q2 2025 respectively.