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MARKETS / COMPARE / SHEL VS TTE

SHEL vs TTE

Shell PLC and TotalEnergies SE, side by side — 10 fiscal years reported in USD, drawn from SEC filings.

At a glance

Most recent reported year

SHEL vs TTE, at a glance
Metric SHEL TTE
Revenue$266.9B$201.2B
Net income$17.8B$13.1B
Gross margin··
Net margin6.8%6.6%
Return on equity10.1%11.3%
Diluted EPS$3.00$5.78
Dividend / share$1.43·
Payout ratio47.5%·
Free cash flow··
Equity$174.4B$114.9B
Net debt / equity0.26×·
Current ratio1.30×0.97×
Revenue CAGR 5y8.1%7.4%
Profit CAGR 5y··

SHEL bills 1.3× the revenue of TTE, and keeps more of each dollar of revenue as profit (6.8% against 6.6%).

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.

Revenue by year

10 years side by side

SHEL vs TTE, revenue by year
Fiscal year SHEL TTE
FY2025$266.9B$201.2B
FY2024$284.3B$214.6B
FY2023$316.6B$237.1B
FY2022$381.3B$281.0B
FY2021$261.5B$205.9B
FY2020$180.5B$140.7B
FY2019$344.9B$200.3B
FY2018$388.4B$209.4B
FY2017$305.2B$149.1B
FY2016$233.6B$127.9B
Net income by year

Bottom line

SHEL vs TTE, net income by year
Fiscal year SHEL TTE
FY2025$17.8B$13.1B
FY2024$16.1B$15.8B
FY2023$19.4B$21.4B
FY2022$42.3B$20.5B
FY2021$20.1B$16.0B
FY2020$-21.7B$-7.2B
FY2019$15.8B$11.3B
FY2018$23.4B$11.4B
FY2017$13.0B$8.6B
FY2016$4.6B$6.2B
Revenue gap over time

11 fiscal years

Revenue gap over time
Fiscal year Difference Ahead
FY2025+$65,690,000,000SHEL
FY2024+$69,762,000,000SHEL
FY2023+$79,492,000,000SHEL
FY2022+$100,315,000,000SHEL
FY2021+$55,641,000,000SHEL
FY2020+$39,858,000,000SHEL
FY2019+$144,561,000,000SHEL
FY2018+$179,016,000,000SHEL
FY2017+$156,080,000,000SHEL
FY2016+$105,666,000,000SHEL
FY2015+$121,539,000,000SHEL

SHEL has reported the higher revenue in every one of these 11 fiscal years. The gap has narrowed since the earliest year compared.

11 of 11 comparable fiscal years — a year missing data on either side is not counted.

Net margin gap over time

11 fiscal years

Net margin gap over time
Fiscal year Difference Ahead
FY2025+0.2 ppSHEL
FY2024−1.7 ppTTE
FY2023−2.9 ppTTE
FY2022+3.8 ppSHEL
FY2021−0.1 ppTTE
FY2020−6.7 ppTTE
FY2019−0.9 ppTTE
FY2018+0.6 ppSHEL
FY2017−1.2 ppTTE
FY2016−2.8 ppTTE
FY2015−2.5 ppTTE

The higher net margin has changed hands between SHEL and TTE over this period.

11 of 11 comparable fiscal years — a year missing data on either side is not counted.

Net margin volatility

Standard deviation, each side

SHEL's net margin has been more volatile than TTE's over the 11 comparable fiscal years — 5.7 percentage points of standard deviation against 3.7.

11 of 11 comparable fiscal years — a year missing data on either side is not counted.

Who led in net margin

Year by year

The lead in net margin changed hands between SHEL and TTE over these 11 fiscal years — SHEL led in 3 and TTE in 8.

11 of 11 comparable fiscal years — a year missing data on either side is not counted.

Return on equity volatility

Standard deviation, each side

SHEL's return on equity has been more volatile than TTE's over the 11 comparable fiscal years — 8.4 percentage points of standard deviation against 6.7.

11 of 11 comparable fiscal years — a year missing data on either side is not counted.

Who led in return on equity

Year by year

The lead in return on equity changed hands between SHEL and TTE over these 11 fiscal years — SHEL led in 2 and TTE in 9.

11 of 11 comparable fiscal years — a year missing data on either side is not counted.

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