Shell (SHEL) Revenue & Revenue Breakdown
Shell Revenue Highlights
Latest Revenue (Y)
$301.01B
Latest Revenue (Q)
$70.83B
Main Geography (Y)
Europe
Shell Revenue by Period
Shell Revenue by Year
| Date | Revenue | Change |
|---|---|---|
| 2023-12-31 | $301.01B | -21.06% |
| 2022-12-31 | $381.31B | 45.82% |
| 2021-12-31 | $261.50B | 44.84% |
| 2020-12-31 | $180.54B | -47.65% |
| 2019-12-31 | $344.88B | -11.20% |
| 2018-12-31 | $388.38B | 27.26% |
| 2017-12-31 | $305.18B | 30.65% |
| 2016-12-31 | $233.59B | -11.84% |
| 2015-12-31 | $264.96B | -37.08% |
| 2014-12-31 | $421.11B | -6.68% |
| 2013-12-31 | $451.24B | -3.41% |
| 2012-12-31 | $467.15B | -0.64% |
| 2011-12-31 | $470.17B | 24.33% |
| 2010-12-31 | $378.15B | 32.62% |
| 2009-12-31 | $285.13B | -37.79% |
| 2008-12-31 | $458.36B | 28.83% |
| 2007-12-31 | $355.78B | 11.58% |
| 2006-12-31 | $318.85B | 3.95% |
| 2005-12-31 | $306.73B | -9.45% |
| 2004-12-31 | $338.76B | 67.93% |
| 2003-12-31 | $201.73B | 100.00% |
| 2002-12-31 | - | -100.00% |
| 2001-12-31 | $135.21B | -9.34% |
| 2000-12-31 | $149.15B | 41.55% |
| 1999-12-31 | $105.37B | 12.46% |
| 1998-12-31 | $93.69B | - |
Shell generated $301.01B in revenue during NA 2023, up -21.06% compared to the previous quarter, and up 77.50% compared to the same period a year ago.
Shell Revenue by Quarter
| Date | Revenue | Change |
|---|---|---|
| 2024-03-31 | $70.83B | -6.44% |
| 2023-12-31 | $75.71B | -0.84% |
| 2023-09-30 | $76.35B | 2.38% |
| 2023-06-30 | $74.58B | -14.24% |
| 2023-03-31 | $86.96B | -14.16% |
| 2022-12-31 | $101.30B | 5.80% |
| 2022-09-30 | $95.75B | -4.31% |
| 2022-06-30 | $100.06B | 18.83% |
| 2022-03-31 | $84.20B | -1.26% |
| 2021-12-31 | $85.28B | 42.03% |
| 2021-09-30 | $60.04B | -0.78% |
| 2021-06-30 | $60.52B | 8.71% |
| 2021-03-31 | $55.66B | 26.54% |
| 2020-12-31 | $43.99B | -0.07% |
| 2020-09-30 | $44.02B | 35.43% |
| 2020-06-30 | $32.50B | -45.85% |
| 2020-03-31 | $60.03B | -28.54% |
| 2019-12-31 | $84.01B | -2.99% |
| 2019-09-30 | $86.59B | -4.36% |
| 2019-06-30 | $90.54B | 8.13% |
| 2019-03-31 | $83.73B | -18.09% |
| 2018-12-31 | $102.23B | 2.07% |
| 2018-09-30 | $100.15B | 3.50% |
| 2018-06-30 | $96.77B | 8.44% |
| 2018-03-31 | $89.23B | 4.46% |
| 2017-12-31 | $85.42B | 12.65% |
| 2017-09-30 | $75.83B | 5.13% |
| 2017-06-30 | $72.13B | 0.47% |
| 2017-03-31 | $71.80B | 10.85% |
| 2016-12-31 | $64.77B | 4.71% |
| 2016-09-30 | $61.85B | 5.89% |
| 2016-06-30 | $58.41B | 20.31% |
| 2016-03-31 | $48.55B | -16.50% |
| 2015-12-31 | $58.15B | -15.37% |
| 2015-09-30 | $68.71B | -5.10% |
| 2015-06-30 | $72.40B | 10.19% |
| 2015-03-31 | $65.71B | -28.87% |
| 2014-12-31 | $92.37B | -14.35% |
| 2014-09-30 | $107.85B | -3.03% |
| 2014-06-30 | $111.22B | 1.43% |
| 2014-03-31 | $109.66B | 0.38% |
| 2013-12-31 | $109.24B | -6.24% |
| 2013-09-30 | $116.51B | 3.41% |
| 2013-06-30 | $112.67B | -0.12% |
| 2013-03-31 | $112.81B | -4.44% |
| 2012-12-31 | $118.05B | 5.29% |
| 2012-09-30 | $112.12B | -4.23% |
| 2012-06-30 | $117.07B | -2.38% |
| 2012-03-31 | $119.92B | 3.76% |
| 2011-12-31 | $115.58B | -6.35% |
| 2011-09-30 | $123.41B | -0.92% |
| 2011-06-30 | $124.56B | 10.96% |
| 2011-03-31 | $112.26B | 5.08% |
| 2010-12-31 | $106.84B | 16.47% |
| 2010-09-30 | $91.73B | -0.14% |
| 2010-06-30 | $91.86B | 4.36% |
| 2010-03-31 | $88.03B | 2.29% |
| 2009-12-31 | $86.05B | 13.59% |
| 2009-09-30 | $75.75B | 18.59% |
| 2009-06-30 | $63.88B | 9.72% |
| 2009-03-31 | $58.22B | -28.19% |
| 2008-12-31 | $81.07B | -38.38% |
| 2008-09-30 | $131.57B | 0.11% |
| 2008-06-30 | $131.42B | 14.98% |
| 2008-03-31 | $114.30B | 7.12% |
| 2007-12-31 | $106.70B | - |
Shell generated $70.83B in revenue during Q1 2024, up -6.44% compared to the previous quarter, and up 69.92% compared to the same period a year ago.
Shell Revenue Breakdown
Shell Revenue Breakdown by Country
Annual Revenue by Country
| Country | Dec 23 | Dec 22 | Dec 21 | Dec 20 | Dec 19 |
|---|---|---|---|---|---|
| Other Americas | $28.23B | $31.61B | $22.24B | $14.41B | $23.29B |
| Europe | $118.14B | $135.97B | $78.55B | $50.14B | $98.45B |
| Asia Oceania And Africa | $99.97B | $126.64B | $87.07B | $65.14B | $139.92B |
| UNITED STATES | $70.29B | $87.08B | $73.65B | $50.86B | $83.21B |
| SINGAPORE | - | - | - | - | $84.28B |
Shell's latest annual revenue breakdown by geography, as of Dec 23: Europe (37.31%), Asia Oceania And Africa (31.57%), UNITED STATES (22.20%), and Other Americas (8.92%).
Shell Peer Comparison by Revenue
| Ticker | Company | Last Year Revenue | Last Quarter Revenue |
|---|---|---|---|
| EC | Ecopetrol | $143.08T | $31.30T |
| XOM | Exxon Mobil | $334.70B | $89.99B |
| SHEL | Shell | $301.01B | $70.83B |
| TTE | TotalEnergies SE | $218.94B | $51.88B |
| BP | BP p.l.c. | $210.13B | $48.88B |
| CVX | Chevron | $200.95B | $49.57B |
| EQNR | Equinor ASA | $106.85B | $25.09B |
| PBR | Petróleo Brasileiro S.A. - Petrobras | $102.50B | $23.77B |
| E | Eni S.p.A. | $93.72B | $22.94B |
| SU | Suncor Energy | $49.09B | $13.30B |
SHEL Revenue FAQ
What is Shell’s yearly revenue?
Shell's yearly revenue for 2023 was $301.01B, representing a decrease of -21.06% compared to 2022. The company's yearly revenue for 2022 was $381.31B, representing an increase of 45.82% compared to 2021. SHEL's yearly revenue for 2021 was $261.5B, representing an increase of 44.84% compared to 2020.
What is Shell’s quarterly revenue?
Shell's quarterly revenue for Q1 2024 was $70.84B, a -6.44% decrease from the previous quarter (Q4 2023), and a -18.54% decrease year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $75.71B, a -0.84% decrease from the previous quarter (Q3 2023), and a -25.26% decrease year-over-year (Q4 2022). SHEL's quarterly revenue for Q3 2023 was $76.35B, a 2.38% increase from the previous quarter (Q2 2023), and a -20.26% decrease year-over-year (Q3 2022).
What is Shell’s revenue growth rate?
Shell's revenue growth rate for the last 3 years (2021-2023) was 15.11%, and for the last 5 years (2019-2023) was -12.72%.