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

Shell (SHEL) has reported Net Margin for 18 consecutive years, with 11.43% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Net Margin rose 593.0% year-over-year to 11.43%; the trailing twelve-month figure through Jun 2026 stood at 10.48% (up 527.0% YoY), and the FY2025 full-year result was 10.59%, up 492.0% from the prior year.
• Net Margin grew to 11.43% in Q2 2026 per SHEL's latest filing, from 8.17% in the prior quarter.
• Across five years, Net Margin topped out at 13.65% in Q2 2022 and bottomed at 5.43% in Q4 2024.
• Historically, Net Margin has averaged 7.68% across 5 years, with a median of 9.75% in 2025.
• The sharpest annual moves came in 2022 and 2023: Net Margin soared 799 bps in 2022, then sank 945 bps in 2023.
• Over 5 years, Net Margin stood at 13.65% in 2022, then tumbled by 69 bps to 4.2% in 2023, then sank by 229 bps to 5.43% in 2024, then jumped by 201 bps to 5.51% in 2025, then surged by 108 bps to 11.43% in 2026.
• According to Business Quant data, Net Margin over the past three periods registered 11.43%, 8.17%, and 5.51% for Q2 2026, Q1 2026, and Q2 2025 respectively.