SHEL vs SLB
Shell PLC and SLB Limited, side by side — 10 fiscal years reported in USD, drawn from SEC filings.
Most recent reported year
| Metric | SHEL | SLB |
|---|---|---|
| Revenue | $266.9B | $35.7B |
| Net income | $17.8B | $3.4B |
| Gross margin | · | · |
| Net margin | 6.8% | 9.7% |
| Return on equity | 10.1% | 14.3% |
| Diluted EPS | $3.00 | $2.35 |
| Dividend / share | $1.43 | · |
| Payout ratio | 47.5% | 47.5% |
| Free cash flow | · | $4.8B |
| Equity | $174.4B | $26.1B |
| Net debt / equity | 0.26× | · |
| Current ratio | 1.30× | 1.33× |
| Revenue CAGR 5y | 8.1% | 8.6% |
| Profit CAGR 5y | · | · |
SHEL bills 7.5× the revenue of SLB, and SLB keeps more of each dollar of revenue as profit (9.7% against 6.8%).
The stronger figure of the pair is set in bold. That is arithmetic, not a recommendation — this page does not pick a winner. "·" marks a figure not available in our data.
10 years side by side
| Fiscal year | SHEL | SLB |
|---|---|---|
| FY2025 | $266.9B | $35.7B |
| FY2024 | $284.3B | $36.3B |
| FY2023 | $316.6B | $33.1B |
| FY2022 | $381.3B | $28.1B |
| FY2021 | $261.5B | $22.9B |
| FY2020 | $180.5B | $23.6B |
| FY2019 | $344.9B | $32.9B |
| FY2018 | $388.4B | $32.8B |
| FY2017 | $305.2B | $30.4B |
| FY2016 | $233.6B | $27.8B |
Bottom line
| Fiscal year | SHEL | SLB |
|---|---|---|
| FY2025 | $17.8B | $3.4B |
| FY2024 | $16.1B | $4.5B |
| FY2023 | $19.4B | $4.2B |
| FY2022 | $42.3B | $3.4B |
| FY2021 | $20.1B | $1.9B |
| FY2020 | $-21.7B | $-10.5B |
| FY2019 | $15.8B | $-10.1B |
| FY2018 | $23.4B | $2.1B |
| FY2017 | $13.0B | $-1.5B |
| FY2016 | $4.6B | $-1.7B |
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | +$231,178,000,000 | SHEL |
| FY2024 | +$248,023,000,000 | SHEL |
| FY2023 | +$283,485,000,000 | SHEL |
| FY2022 | +$353,223,000,000 | SHEL |
| FY2021 | +$238,575,000,000 | SHEL |
| FY2020 | +$156,942,000,000 | SHEL |
| FY2019 | +$311,960,000,000 | SHEL |
| FY2018 | +$355,564,000,000 | SHEL |
| FY2017 | +$274,739,000,000 | SHEL |
| FY2016 | +$205,781,000,000 | SHEL |
| FY2015 | +$229,485,000,000 | SHEL |
SHEL has reported the higher revenue in every one of these 11 fiscal years. The gap has widened since the earliest year compared.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
11 fiscal years
| Fiscal year | Difference | Ahead |
|---|---|---|
| FY2025 | −2.9 pp | SLB |
| FY2024 | −6.8 pp | SLB |
| FY2023 | −6.7 pp | SLB |
| FY2022 | −1.2 pp | SLB |
| FY2021 | −0.5 pp | SLB |
| FY2020 | +32.5 pp | SHEL |
| FY2019 | +35.5 pp | SHEL |
| FY2018 | −0.5 pp | SLB |
| FY2017 | +9.4 pp | SHEL |
| FY2016 | +7.9 pp | SHEL |
| FY2015 | −5.2 pp | SLB |
The higher net margin has changed hands between SHEL and SLB over this period.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SLB's net margin has been more volatile than SHEL's over the 11 comparable fiscal years — 18.3 percentage points of standard deviation against 5.7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in net margin changed hands between SHEL and SLB over these 11 fiscal years — SHEL led in 4 and SLB in 7.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Standard deviation, each side
SLB's return on equity has been more volatile than SHEL's over the 11 comparable fiscal years — 24.3 percentage points of standard deviation against 8.4.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.
Year by year
The lead in return on equity changed hands between SHEL and SLB over these 11 fiscal years — SHEL led in 6 and SLB in 5.
11 of 19 comparable fiscal years — a year missing data on either side is not counted.