Shell (SHEL) Operating Income (2009 - 2025)
Shell (SHEL) reported Operating Income of $60.0 billion for Q2 2025, up 156.56% on a YoY basis from $23.4 billion in Q2 2024, and up 187.66% quarter-over-quarter from $20.9 billion in Q1 2025.
Shell (SHEL) Operating Income (2009 - 2025) Analysis & Trends
Shell has reported Operating Income for 17 years, with the latest figure at $60.0 billion in Q2 2025.
- For the quarter ending Q2 2025, Operating Income rose 156.56% year-over-year to $60.0 billion; the trailing twelve-month figure through Jun 2025 stood at $139.9 billion (down 29.11% YoY), and the FY2025 full-year result was $76.5 billion, up 148.37% from the prior year.
- Operating Income for Q2 2025 stood at $60.0 billion, up from $20.9 billion in the prior quarter.
- The five-year high for Operating Income was $368.5 billion in Q4 2022, with the low at -$41.6 billion in Q2 2021.
- Historically, Operating Income has averaged $52.3 billion across 5 years, with a median of $33.4 billion in 2024.
- The largest YoY upside for Operating Income was 49835.23% in 2022 against a maximum downside of 4359.44% in 2022.
- Shell's Operating Income stood at $738.0 million in 2021, then surged by 49835.23% to $368.5 billion in 2022, then slumped by 82.77% to $63.5 billion in 2023, then sank by 43.89% to $35.6 billion in 2024, then soared by 68.38% to $60.0 billion in 2025.
- The last three Operating Income figures came in at $60.0 billion (Q2 2025), $20.9 billion (Q1 2025), and $35.6 billion (Q4 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Petrobras - Petroleo Brasileiro | 1,901.04 Bn | 1,894.28 Bn | 11.34 Bn | 7.83 Bn |
| 2 | Exxon Mobil | 629.96 Bn | 628.14 Bn | - | - |
| 3 | TotalEnergies SE | 621.59 Bn | 621.59 Bn | 26,816.00 | 32,038.00 |
| 4 | Shell | 546.31 Bn | 505.07 Bn | - | - |
| 5 | Chevron | 370.90 Bn | 376.56 Bn | 20.34 Bn | 12.67 Bn |
| 6 | Cenovus Energy | 354.37 Bn | 352.41 Bn | 6.46 Bn | 2.02 Bn |
| 7 | Eni Spa | 252.26 Bn | 242.70 Bn | - | 825.38 Mn |
| 8 | Bp | 196.12 Bn | 159.56 Bn | - | 8.49 Bn |
| 9 | Suncor Energy | 57.67 Bn | 55.06 Bn | 7.44 Bn | 6.17 Bn |
| 10 | Imperial Oil | 42.92 Bn | 42.17 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 60.01 Bn |
| Mar 31, 2025 | 20.86 Bn |
| Dec 31, 2024 | 35.64 Bn |
| Jun 30, 2024 | 23.39 Bn |
| Mar 31, 2024 | 33.44 Bn |
| Jun 30, 2023 | 63.51 Bn |
| Mar 31, 2023 | 77.00 Bn |
| Dec 31, 2022 | 368.52 Bn |
| Sep 30, 2022 | -10.69 Bn |
| Jun 30, 2022 | 30.21 Bn |
| Mar 31, 2022 | 78.53 Bn |
| Dec 31, 2021 | 738.00 Mn |
| Sep 30, 2021 | 251.00 Mn |
| Jun 30, 2021 | -41.59 Bn |
| Mar 31, 2021 | 44.60 Bn |
| Dec 31, 2020 | -10.10 Bn |
| Sep 30, 2020 | -9.49 Bn |
| Jun 30, 2020 | -20.78 Bn |
| Mar 31, 2020 | 47.64 Bn |
| Dec 31, 2019 | 163.83 Bn |