Shell plc
SHELFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
284,312
Cost of Revenue
238,371
Gross Profit
45,941
Gross Margin
16.2%
Operating Income
29,992
Operating Margin
10.5%
Net Income
16,093
Net Margin
5.7%
EPS (Basic)
$5.10
EPS (Diluted)
$5.06
EBITDA
61,652
EBITDA Margin
21.7%
2023
12/31/2023
Revenue
316,620
Cost of Revenue
269,413
Gross Profit
47,207
Gross Margin
14.9%
Operating Income
30,737
Operating Margin
9.7%
Net Income
19,359
Net Margin
6.1%
EPS (Basic)
$5.76
EPS (Diluted)
$5.70
EBITDA
60,361
EBITDA Margin
19.1%
2022
12/31/2022
Revenue
381,314
Cost of Revenue
302,535
Gross Profit
78,779
Gross Margin
20.7%
Operating Income
63,109
Operating Margin
16.6%
Net Income
42,309
Net Margin
11.1%
EPS (Basic)
$11.52
EPS (Diluted)
$11.42
EBITDA
92,554
EBITDA Margin
24.3%
2021
12/31/2021
Revenue
261,504
Cost of Revenue
225,655
Gross Profit
35,849
Gross Margin
13.7%
Operating Income
22,283
Operating Margin
8.5%
Net Income
20,101
Net Margin
7.7%
EPS (Basic)
$5.18
EPS (Diluted)
$5.14
EBITDA
56,506
EBITDA Margin
21.6%
2020
12/31/2020
Revenue
180,543
Cost of Revenue
193,538
Gross Profit
-12,995
Gross Margin
-7.2%
Operating Income
-25,530
Operating Margin
-14.1%
Net Income
-21,680
Net Margin
-12.0%
EPS (Basic)
$-5.56
EPS (Diluted)
$-5.56
EBITDA
2,224
EBITDA Margin
1.2%