SHEL Stock Analysis: Shell | NYSE
Oil & Gas Integrated | NYSE, USA | Market Cap: 278.039m USD | 12M Return: 40.2% | US7802593050 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 587M
EPS Trend: -51.6%
Qual. Beats: 2
Rev. Trend: -79.8%
Qual. Beats: 1
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Shell plc is a global energy and petrochemical company headquartered in London, United Kingdom, operating across Europe, Asia, Oceania, Africa, and the Americas. Its business is organized into five segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, and Renewables and Energy Solutions. The company explores for and produces crude oil, natural gas, and natural gas liquids, and operates one of the worlds largest liquefied natural gas (LNG) portfolios, alongside gas-to-liquids (GTL) fuel production. Shells downstream activities include refining crude oil into a range of products, manufacturing petrochemicals, and running a global trading and optimization business for crude oil, oil products, and petrochemicals. The company was founded in 1897 and was known as Royal Dutch Shell plc until rebranding to Shell plc in January 2022.
Shells marketing segment includes a retail network featuring electric vehicle charging, convenience retail, and wholesale commercial fuels, as well as lubricants and decarbonization-focused offerings. Through its Renewables and Energy Solutions segment, the company supplies low-carbon energy products such as biofuels to commercial customers in the aviation, marine, and agriculture sectors. As one of the worlds major integrated oil majors (supermajors), Shell combines upstream resource extraction with midstream pipelines and downstream refining, chemicals, and retail operations across the full energy value chain. The company is listed on the NYSE under the ticker SHEL and is classified within the GICS Energy sector, specifically the Oil & Gas Exploration & Production sub-industry.
- LNG spot prices boost Integrated Gas segment margins
- Brent crude swings drive Upstream production cash flows
- Share buybacks accelerate amid strong free cash flow generation
| Net Income: 26.0b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA 0.70 > 1.0 |
| NWC/Revenue: 12.55% < 20% (prev 10.87%; Δ 1.68% < -1%) |
| CFO/TA 0.13 > 3% & CFO 48.4b > Net Income 26.0b |
| Net Debt (72.3b) to EBITDA (66.1b): 1.09 < 3 |
| Current Ratio: 1.43 > 1.5 & < 3 |
| Outstanding Shares: last quarter (2.82b) vs 12m ago -6.12% < -2% |
| Gross Margin: 18.04% > 18% (prev 14.86%; Δ 3.18% > 0.5%) |
| Asset Turnover: 77.17% > 50% (prev 70.12%; Δ 7.05% > 0%) |
| Interest Coverage Ratio: 8.55 > 6 (EBIT TTM 43.3b / Interest Expense TTM 5.06b) |
| A: 0.10 (Total Current Assets 123b - Total Current Liabilities 85.6b) / Total Assets 381b |
| B: 0.42 (Retained Earnings 161b / Total Assets 381b) |
| C: 0.11 (EBIT TTM 43.3b / Avg Total Assets 384b) |
| D: 0.91 (Book Value of Equity 181b / Total Liabilities 199b) |
| Altman-Z'' = 3.73 = AA |
| DSRI: 1.07 (Receivables 52.9b/45.6b, Revenue 297b/272b) |
| GMI: 0.82 (GM 14.86% / 18.04%) |
| AQI: 0.96 (AQ_t 0.20 / AQ_t-1 0.21) |
| SGI: 1.09 (Revenue 297b / 272b) |
| TATA: -0.06 (NI 26.0b - CFO 48.4b) / TA 381b) |
| Beneish M = -3.10 (Cap -4..+1) = AA |
As of October 09, 2026, the stock is trading at USD 100.20 with a total of 9,097,469 shares traded. Over the past week, the price has changed by +4.80%, over one month by +5.12%, over three months by +22.91% and over the past year by +40.22%.
Current recommended Stop Loss: 97.80 (which is 2.4% or 1.5 ATR below the current price).
Shell has received a consensus analysts rating of 3.81. Therefore, it is recommended to buy SHEL.
- StrongBuy: 6
- Buy: 1
- Hold: 9
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 103.8 | 3.6% |
P/E Trailing = 10.7748
P/E Forward = 9.5694
P/S = 0.9374
P/B = 1.4828
P/EG = 1.5889
Revenue TTM = 297b USD
EBIT TTM = 43.3b USD
EBITDA TTM = 66.1b USD
Long Term Debt = 42.2b USD (from longTermDebt, last fiscal year)
Short Term Debt = 8.54b USD (from shortTermDebt, last quarter)
Debt = 104b USD (from shortLongTermDebtTotal, last quarter) + Leases 30.6b
Net Debt = 72.3b USD (calculated: Debt 104b - CCE 31.4b)
Enterprise Value = 350b USD (278b + Debt 104b - CCE 31.4b)
Interest Coverage Ratio = 8.55 (Ebit TTM 43.3b / Interest Expense TTM 5.06b)
EV/FCF = 11.37x (Enterprise Value 350b / FCF TTM 30.8b)
FCF Yield = 8.79% (FCF TTM 30.8b / Enterprise Value 350b)
FCF Margin = 10.39% (FCF TTM 30.8b / Revenue TTM 297b)
Net Margin = 8.76% (Net Income TTM 26.0b / Revenue TTM 297b)
Gross Margin = 18.04% ((Revenue TTM 297b - Cost of Revenue TTM 243b) / Revenue TTM)
Gross Margin QoQ = 19.52% (prev 19.28%)
Tobins Q-Ratio = 0.92 (Enterprise Value 350b / Total Assets 381b)
Interest Expense / Debt = 4.88% (Interest Expense 5.06b / Debt 104b)
Taxrate = 34.43% (13.7b / 39.9b)
NOPAT = 28.4b (EBIT 43.3b * (1 - 34.43%))
Current Ratio = 1.43 (Total Current Assets 123b / Total Current Liabilities 85.6b)
Debt / Equity = 0.57 (Debt 104b / totalStockholderEquity, last quarter 181b)
Debt / EBITDA = 1.09 (Net Debt 72.3b / EBITDA 66.1b)
Debt / FCF = 2.35 (Net Debt 72.3b / FCF TTM 30.8b)
Total Stockholder Equity = 176b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.76% (Net Income 26.0b / Total Assets 381b)
RoE = 14.74% (Net Income TTM 26.0b / Total Stockholder Equity 176b)
RoCE = 19.81% (EBIT 43.3b / Capital Employed (Equity 176b + L.T.Debt 42.2b))
RoIC = 9.83% (NOPAT 28.4b / Invested Capital 289b)
WACC = 5.69% (E(278b)/V(382b) * Re(6.62%) + D(104b)/V(382b) * Rd(4.88%) * (1-Tc(0.34)))
Discount Rate = 6.62% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -96.79 | Cagr: -6.16%
[DCF] Terminal Value 76.36% ; FCFF base≈30.0b ; Y1≈31.9b ; Y5≈38.1b
[DCF] Fair Price = 180.0 (EV 585b - Net Debt 72.3b = Equity 513b / Shares 2.85b; r=8.35% [WACC [floored]]; 5y FCF grow 7.37% → 2.50% )
EPS Correlation: -51.56 | EPS CAGR: -7.39% | SUE: 1.46 | # QB: 2
Revenue Correlation: -79.81 | Revenue CAGR: -6.40% | SUE: 1.23 | # QB: 1
EPS current Quarter (2026-09-30): EPS=3.24 | Chg30d=+18.25% | Revisions=+50% | Analysts=6
EPS current Year (2026-12-31): EPS=12.10 | Chg30d=+7.20% | Revisions=+62% | GrowthEPS=+92.1% | GrowthRev=+28.0%
EPS next Year (2027-12-31): EPS=10.42 | Chg30d=+7.89% | Revisions=+67% | GrowthEPS=-13.9% | GrowthRev=-7.4%
[Analyst] Revisions Ratio: +82% (up=14, down=0)