Company data sheet · Shell

Shell: left behind by its peers.

Industry
Crude Petroleum & Natural Gas
Headquarters
United States
Ticker
SHEL (NYSE)
Sources
SEC filings (2004–2026), Stratrix's verified Decision Cases, market data and official economic statistics for the United States
Data as of
October 18, 2026
  1. Left behind by its peers. From 2016 to 2025, its revenue grew 14% in US dollars; the median among 25 large energy and mining companies grew 98%. It outgrew only 4% of them.
  2. Still smaller than it was. Revenue reached $267 billion in 2025, 31% below its 2018 peak of $388 billion.
  3. Two decisions on record. Stratrix has verified two of Shell's big decisions, each with what happened next.

Financial results

Fiscal yearRevenueNet income
2016$234 billion$4.6 billion
2017$305 billion$13 billion
2018$388 billion$23.4 billion
2019$345 billion$15.8 billion
2020$181 billion−$21.7 billion
2021$262 billion$20.1 billion
2022$381 billion$42.3 billion
2023$317 billion$19.4 billion
2024$284 billion$16.1 billion
2025$267 billion$17.8 billion

As reported in its annual filings. Losses in red.

Stratrix Decision Cases

The full data sheet · Data Plan

Everything behind these findings, ready for your board deck.

  • Economic context: 7 measures for the United States, every year since 2016, from the official sources.
  • Peer comparison: against 40 companies of its size in its sector.
  • Financial results: ten years of revenue, operating and net income, and every annual report, linked.
  • Methods and sources, so each number can be checked and cited.

The full data sheet downloads with the Data Plan. To see exactly what you get first, open the Boeing sample PDF or Excel.