Shell (SHEL) FCF Margin (2009 - 2026)
Shell (SHEL) reported FCF Margin of 27.12% for Q2 2026, down 0.03 percentage points from 27.14% a year earlier but up 12.39 percentage points from the prior quarter.
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Analysis
Shell (SHEL) FCF Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Shell's FCF Margin came in at 22.91%, down 2.28 percentage points year-over-year; for FY2025, it was 3149.53%, up 4026.85 percentage points from FY2024.
- FCF Margin has a five-year change of +3121.45 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at -877.32% in FY2024 (-47.67 pp), -829.64% in FY2023 (+12735.45 pp), -13565.09% in FY2022 (-13589.60 pp) and 24.51% in FY2021 (-3.56 pp).
- Five-year quarterly FCF Margin spans a low of 14.73% in Q1 2026 and a high of 27.17% in Q2 2023.
- Year over year, FCF Margin gained in 1 of the last four quarters, with an average year-over-year change of -1.81 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2025 (a gain of 2.67 percentage points); the low point was Q1 2025 (a drop of 5.16 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | ExxonMobil Holdings | 694.97 Bn | 658.18 Bn | - | 14.68% |
| 2 | Shell | 570.13 Bn | 500.87 Bn | 92.16 Bn | -62.50% |
| 3 | Chevron | 418.82 Bn | 396.62 Bn | 33.45 Bn | 25.83% |
| 4 | TotalEnergies SE | 189.94 Bn | 73.07 Bn | 61.77 Bn | 24.43% |
| 5 | Eni Spa | 176.22 Bn | 126.56 Bn | - | 18.84% |
| 6 | Conocophillips | 161.10 Bn | 133.81 Bn | 12.81 Bn | 22.59% |
| 7 | Phillips 66 | 110.98 Bn | 99.96 Bn | 8.38 Bn | 12.55% |
| 8 | Equinor Asa | 107.54 Bn | 22.06 Bn | - | 18.76% |
| 9 | Canadian Natural Resources | 103.35 Bn | 100.30 Bn | 15.40 Bn | 14.68% |
| 10 | Suncor Energy | 86.21 Bn | 72.00 Bn | - | 36.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -62.50% |
| Mar 31, 2026 | -78.55% |
| Jun 30, 2025 | -74.20% |
| Mar 31, 2025 | -74.98% |
| Dec 31, 2024 | 19.86% |
| Jun 30, 2024 | -72.71% |
| Mar 31, 2024 | -69.44% |
| Jun 30, 2023 | -74.47% |
| Mar 31, 2023 | -69.58% |
| Jun 30, 2022 | -58.23% |
| Mar 31, 2022 | -68.37% |
| Jun 30, 2021 | -74.39% |
| Mar 31, 2021 | -76.50% |
| Jun 30, 2020 | -165.63% |
| Mar 31, 2020 | -75.77% |
| Jun 30, 2019 | -96.00% |
| Mar 31, 2019 | -91.07% |
| Dec 31, 2018 | -94.61% |
| Sep 30, 2018 | -79.60% |
| Jun 30, 2018 | -82.84% |
API Access
Shell FCF 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=fcf-margin&ticker=SHEL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-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=fcf-margin&ticker=SHEL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();