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Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginGross MarginInterest Coverage RatioInventory AverageInvested CapitalNet MarginOperating MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Shell (SHEL) Operating Margin (2018 - 2025)

Shell filings provide 14 years of Operating Margin readings, the most recent being 83.54% for Q2 2025.

  • On a quarterly basis, Operating Margin rose 8577.0% to 83.54% in Q2 2025 year-over-year; TTM through Jun 2025 was 40.64%, a 3070.0% increase, with the full-year FY2025 number at 20.24%, up 2128.0% from a year prior.
  • Operating Margin hit 83.54% in Q2 2025 for Shell, down from 84.15% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 96.69% in Q2 2022 to a low of 2294.43% in Q3 2021.
  • Median Operating Margin over the past 5 years was 0.25% (2021), compared with a mean of 158.8%.
  • Biggest five-year swings in Operating Margin: skyrocketed 188795bps in 2021 and later plummeted -35bps in 2023.
  • Shell's Operating Margin stood at 0.0% in 2021, then surged by 4727665bps to 96.69% in 2022, then crashed by -101bps to 1.22% in 2023, then surged by 59bps to 0.51% in 2024, then soared by 16629bps to 83.54% in 2025.
  • The last three reported values for Operating Margin were 83.54% (Q2 2025), 84.15% (Q1 2025), and 0.51% (Q4 2024) per Business Quant data.