Shell (SHEL) Operating Income (2009 - 2025)
Shell (SHEL) posted Operating Income of $54.6 billion for Q2 2025, up 269.33% quarter-over-quarter from $14.8 billion in Q1 2025, and up 240.31% year-on-year from $16.0 billion in Q2 2024.
Shell (SHEL) Operating Income (2009 - 2025) Analysis & Trends
Shell (SHEL) has reported Operating Income for 17 consecutive years, with $54.6 billion the latest figure, recorded in Q2 2025.
- Operating Income for Q2 2025 came in at $54.6 billion, up 240.31% year-over-year; the trailing twelve-month figure through Jun 2025 was $114.8 billion (down 21.31% YoY), and the FY2025 annual result was $80.1 billion, up 150.63% from the prior year.
- Operating Income was $54.6 billion for Q2 2025 at Shell, up from $14.8 billion in the prior quarter.
- Over five years, Operating Income peaked at $366.6 billion in Q4 2022 and troughed at -$179.2 billion in Q3 2022.
- Average Operating Income over 5 years is $40.9 billion, with a median of $29.4 billion recorded in 2024.
- The widest YoY moves for Operating Income: up 37973.62% in 2022, down 5485.46% in 2022.
- Over 5 years, Operating Income stood at $963.0 million in 2021, then surged by 37973.62% to $366.6 billion in 2022, then sank by 96.35% to $13.4 billion in 2023, then surged by 119.31% to $29.4 billion in 2024, then jumped by 86.01% to $54.6 billion in 2025.
- Per Business Quant data, the three most recent Operating Income figures were $54.6 billion in Q2 2025, $14.8 billion in Q1 2025, and $29.4 billion in Q4 2024.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Exxon Mobil | 6,326.01 Bn | 6,324.19 Bn | - | - |
| 2 | Petrobras - Petroleo Brasileiro | 3,284.86 Bn | 3,284.86 Bn | 11.34 Bn | 7.85 Bn |
| 3 | Bp | 558.99 Bn | 524.30 Bn | 51.83 Bn | 8.49 Bn |
| 4 | TotalEnergies SE | 523.98 Bn | 523.98 Bn | 26,816.00 | 32,038.00 |
| 5 | Chevron | 328.11 Bn | 333.77 Bn | 20.34 Bn | 12.67 Bn |
| 6 | Equinor Asa | 77.88 Bn | 70.78 Bn | - | 8.78 Bn |
| 7 | National Fuel Gas | 7.37 Bn | 7.34 Bn | 650.52 Mn | 347.14 Mn |
| 8 | Diversified Energy | 1.02 Bn | 860.11 Mn | -3.35 Mn | -250.56 Mn |
| 9 | Stabilis Solutions | 74.76 Mn | 64.12 Mn | 367,000.00 | -4.06 Mn |
| 10 | Shell | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2025 | 54.61 Bn |
| Mar 31, 2025 | 14.79 Bn |
| Dec 31, 2024 | 29.36 Bn |
| Jun 30, 2024 | 16.05 Bn |
| Mar 31, 2024 | 33.44 Bn |
| Jun 30, 2023 | 13.39 Bn |
| Mar 31, 2023 | 83.01 Bn |
| Dec 31, 2022 | 366.65 Bn |
| Sep 30, 2022 | -179.23 Bn |
| Jun 30, 2022 | 30.21 Bn |
| Mar 31, 2022 | 77.98 Bn |
| Dec 31, 2021 | 1.78 Bn |
| Sep 30, 2021 | 2.83 Bn |
| Jun 30, 2021 | -39.45 Bn |
| Mar 31, 2021 | 51.44 Bn |
| Dec 31, 2020 | 210.00 Mn |
| Sep 30, 2020 | 3.11 Bn |
| Jun 30, 2020 | 11.42 Bn |
| Mar 31, 2020 | -5.82 Bn |
| Dec 31, 2019 | -2.61 Bn |